
Originally Posted by
j.mo
That’s really not a new type of thing is it?
Trade ins on vehicles work the same way.
If I’m buying $100k truck, and I trade mine in for 70. I only pay sales tax on the difference. ($30k)
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There's a huge difference. 1 is a legit trade in, the other is called a pass through as you're not technically trading in, the dealer is facilitating a private sale to a third party but showing it as a "trade".
2018 Supra SA400 aka The Ron Burgandy
2011 Sea-Doo Wake 155
2015 Mojo Surf, sold...2013 Axis A22 Recon Edition, sold...2010 Axis A22, sold...2007 Maxum 1800sr3, sold