Thread: Selling vehicle
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      11-30-2012, 02:21 PM   #1
terianx
Private First Class
3

 
Drives: 2012 550Xi Sedan
Join Date: Dec 2009
Location: New York


Posts: 121
iTrader: (1)

Selling vehicle

I was wondering, when you sell your vehicle to the dealer, do you get tax credit for the amount you sell it for? Do you have to buy a vehicle in when trading in your vehicle?

Ex; let's say you sell your vehicle for xxx amount of dollars, do you get tax back from the dealer for that amount? Or does that only applies to tradein?