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re: Rules of engagement buying a new vehicle

Posted on 1/16/24 at 3:11 pm to
Posted by 632627
LA
Member since Dec 2011
12810 posts
Posted on 1/16/24 at 3:11 pm to
quote:

If you’re trading something in, that price and subsequent tax savings plays a major part in the deal. If you can’t haggle the purchase of the new one, haggle the sell of the old one.


This should all be done as 2 individual transaction. If a dealer wants do it as one transaction, walk away


Depends on the state and if there's a tax credit on the trade in.

If no tax break, yes, treat as two separate transactions.
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