When a deal includes a trade in you pay less sales tax in some states - what about California?
I am buying a new car and will trade in an old one - do I pay sales tax on the full purchase price of the new car or sales tax on the purchase price less the trade in value - in California? Eg if the new car price is $20,000 the trade in is $3000 do I pay sales tax on $20,000 or the difference $17000?
thanks
Juliette 1
In Buying & Selling > Car Buying > Taxes
1 answer - 471 days ago
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