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re: trading in a vehicle

Posted on 1/23/14 at 10:07 am to
Posted by CubsFanBudMan
Member since Jul 2008
5300 posts
Posted on 1/23/14 at 10:07 am to
quote:

I'm not really seeing how this will have much effect. You'd be getting like 9% of $500 by doing that. Is the extra $45 really making a difference?


The amount of loan payoff is not a factor in the sales tax calculation.

How long will it take for the new vehicle to come in, and what is the interest rate of the old loan?
Posted by chesty
Flap City C.C.
Member since Oct 2012
12731 posts
Posted on 1/23/14 at 10:10 am to
It's supposed to be here by mid to late february. old loan was 60 months at 3.5% as I bought used, new auto loan is 72 months at 3.4%
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