- Oct 3, 2022
- 1,277
- 3,245
Yeah, Never really matters to me how they fudge their numbers. Bottom line cost to me is all that matters. Dealers I'm sure get a tax break by showing a loss on selling a trade in for less then they gave for it also. On paper they gave 12k so if they sell it for 10k they show a loss on it. But really that 2k just came off the profit from that 42k new purchase price where they still probably made 6k. They don't lose anything. I usually sell my SXSs private, but almost always trade vehicles because of the sales tax difference. Not getting taxed on 40-50k of the new vehicles price usually saves more then what you lose on trading vs trying to sale it. Or at least makes the difference not worth the hassle.Yeah, its just a big game. Same with my son's trade for the Colorado.
I traded my sxs for low book, which was about $12k. I could have sold it for little more. But you save some sales tax on the trade value. I got about $1200 off the H2 5ES, so it was about $42K, so about $30kish to boot.