thanks but the problem is every new car dealers gave me different offers from $8000 to $10000. and they refused more discount.
So lighting can strike you while walking your dog. Do you think people should stop walking their dogs from that moment on?rfdrfd wrote: ↑ It's rare I know but here's one reason
https://www.theglobeandmail.com/news/na ... e28476260/
But what is the price of the new car? If its break even or saving, just trade in to save yourself the hassle.
He pockets $200Kkhan15 wrote: ↑ But what is the price of the new car? If its break even or saving, just trade in to save yourself the hassle.
Assuming $25k new car
$25,000 + tax = $3,250 in taxes
$25,000 - $10,000 trade = $15,000 + tax = $1,950 in taxes
You save $1,300 in taxes by trading in, so why go through the hassle of selling to a used car dealer and then having to find your way back to Honda for the new car?
If you're buying another car from a dealer, you want to trade it in and save the tax.plans4canada wrote: ↑ He pockets $200
In most cases trading the vehicle in is your best bet for less hassles.U4IA wrote: ↑ If you're buying another car from a dealer, you want to trade it in and save the tax.
Everyone says sell privately, but I tried that and it was a total waste of time. Just lowballers and timewasters. Yes that depends on the vehicle, but its harder to sell privately the more expensive the car as buyers need financing.
I value my time and stress alot more than making $200.
He said used car dealer is giving him $1500 more. So there's no different than going straight to the dealership he will buy new car. Using his numbers, he nets $200 more.U4IA wrote: ↑ If you're buying another car from a dealer, you want to trade it in and save the tax.
Everyone says sell privately, but I tried that and it was a total waste of time. Just lowballers and timewasters. Yes that depends on the vehicle, but its harder to sell privately the more expensive the car as buyers need financing.
I value my time and stress alot more than making $200.
