Forum Discussion
MichaelOH59
Aug 28, 2016Explorer II
dapperdan wrote:Michelle.S wrote:
We have friends and relatives who have made good deals at the Hershey show, trading in their current units on a new one. I don't know how Texas taxes work, but in many states when trading RVs, cars, or trucks you only pay sales taxes on the difference between trade value and selling price. In some cases that can be several thousand dollars.
X2 I think trading it in would and saving the extra tax $$$ would off-set the lower amount you get from PPL or CW. Have you tried talking a "deal" to a local dealer near you? When we traded our first fifth wheel in ('08 Montana Mountaineer) for our '11 Montana we got a hell of a trade in allowance from Pete's RV in Indiana. I was pleasantly surprised.
Dan
Week before last we asked about trade-in because the dealer had a unit we really liked. They started at $30k and eventually increased that to 35k. Not worth considering. BTW I am aware of that innTx and several other states one is not required to pay sales tax on the value of the trade. However if the trade is valued at 35k then you are only saving a little over $2000. That hardly compensates for selling to the dealer for 10-15k less than one could sell to an individual.
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