Is better to have cash or trade in?
When purchasing a new trailer is it better to have some cash to put down or have a trade in? Thank you Happy Camping
Forum Discussion
Not Virginia. Here, the trade in value would could just like cash down.
If the sales price is 15,000 and you get 5000 for your trade in,
the price the state uses to figure sales tax is 15,000.
If the sales price is 15,000 and you have 5000 cash to put down,
the prices the state uses to figure sales tax is 15,000.
If the sales price is 15,000 and you get 5000 for your trade in,
the price the state uses to figure sales tax is 15,000.
If the sales price is 15,000 and you have 5000 cash to put down,
the prices the state uses to figure sales tax is 15,000.
lawrosa wrote:
Although I sold my TT private and got 2 thousand more it really would of been better to trade it in.
For tax reasons.
In most states, when you trade-in your Trailer when purchasing another , you are only required to pay sales tax on the difference between the trade-in value and the price of the new Trailer
I got hit with the total amount of taxes when I brought the trailer from PA to Jersey..
If I had to do it over I would of traded it in..
