The Law Will Change the Way that Trade-in Vehicles are Taxed

  • Currently, sales tax is not collected on a vehicle's trade-in value
  • Beginning on January 1, state and local sales tax will be applied to any trade-in value above $10,000 
  • Depending on the value of your trade, this could end up costing you hundreds or thousands of dollar

The Best Way to Avoid the New Tax Law is to Act Before it Takes Effect
 
 
 
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