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Discussion in 'Model X: Ordering, Production, Delivery' started by Bpnetguy, Jun 3, 2018.
If I buy the Tesla for 200k and trading value is 100k
Do I pay 200k x 1.0975 or 100k x 1.0975?
You pay on the 200k because that is the sale and it is sales tax. How you choose to pay for it is between you and the seller.
Found my answer States That Allow Trade-in Tax Credit
the above is correct per the BoE page 14.
A good example of why it is tricky to compare tax burdens for various states. CA Tesla buyers get that nice fat $2500 but buyers from most states get a nice tax break on a trade difference.
Huh? We in AZ -- like buyers in most states -- only pay sales tax on the trade difference so does that mean the tax shouldn't be called sales tax?