Settle down. A car is worth what a car is worth regardless of what he may or may not of paid for it.
Even if OP got the ludicrous credit he is not getting some huge profit selling it at $122k. I am not sure of OP's sales tax rate but lets assume 6%
$127200 + 7632 tax + 500 reg + 8000 wrap = $143332 - $20000 lud credit = $123332 net
Even if OP got the ludicrous credit he is not getting some huge profit selling it at $122k. I am not sure of OP's sales tax rate but lets assume 6%
$127200 + 7632 tax + 500 reg + 8000 wrap = $143332 - $20000 lud credit = $123332 net