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re: Questions re: "in and out" vehicle purchase
Posted on 1/25/16 at 5:39 pm to MikeBRLA
Posted on 1/25/16 at 5:39 pm to MikeBRLA
Exactly right. Its all about tax credit. The dealership is required to charge a fee for the service. Its usually $200 paid by the party purchasing the "new" car from the dealership.
1
Posted on 1/25/16 at 8:57 pm to xrockfordf150x
Thanks guys. So other than the "service" fee and sales tax, the dealership should sale the vehicle for trade-in value, right?
Also, is there an official name for this type of transaction b/c Google doesn't come up with anything on the subject
Also, is there an official name for this type of transaction b/c Google doesn't come up with anything on the subject
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