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Old 07-02-2012, 08:30 AM
Chance Chance is offline
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Join Date: Aug 2011
Posts: 1,679
Quote:
Originally Posted by crownjewelwl View Post
keep in mind that when you trade in your car, you only pay sales tax on the overage

so whatever "premium" you get for selling your car privately, at least some of that will be eroded by more taxes

also, selling a car privately is a PITA
+1

Also, many dealers are looking for good used cars because they make money from that trade also. If you are good at negotiating, you will use that to your advantage. The dealer can make money on the new car and also the trade, so he has some incentive to work with you. If you are not in a hurry and willing to hold your ground you can come out the same or better when tax is taken into account. And it's easier. In my opinion, of course.
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