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Problematically, in some states you can deduct the price of a trade in from the taxes you pay on the new car. What this means in practice is that even if you se
by Kirby64 3y ago
Problematically, in some states you can deduct the price of a trade in from the taxes you pay on the new car. What this means in practice is that even if you sell private party, the net amount you get may end up being almost the same unless the dealership is truly robbing you on trade in value due to the deduction on new car tax.