I am planning to trade in an old car to Tesla but they are subtracting the trade in value AFTER the new car is taxed rather than before so I get no tax savings on the trade in. Is this supposed to be this way? All my previous trade ins at dealerships has been deducted before taxes are calculated so you'd save on the taxes on the trade in value.
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No tax savings on trade in?
- Thread starter tallshorty
- Start date
Hi there
Sorry, but can you double check this item? I took a look at my actual agreement, and line A said the gross cost of the item, line B said "minus any trade-in, rebate etc etc etc", and tax was calculated all the way at the bottom. So on mine, it does look like (as per normal) they took into account my trade in
Sorry, but can you double check this item? I took a look at my actual agreement, and line A said the gross cost of the item, line B said "minus any trade-in, rebate etc etc etc", and tax was calculated all the way at the bottom. So on mine, it does look like (as per normal) they took into account my trade in
I had to get them to fix my taxes before I picked it up. But your location is too vague to be specific on what's going on. In BC, the tax rate is dependent on the net value of the purchase price.
I suspect they fix it if you say something but don't bother to fix the system that does this in the first place.
MLXXXp
Member
I had this problem with my purchase in Toronto. I emailed my SA about it and she quickly fixed it.
Yes they would have, even if you brought a bank draft with the incorrect amount they would mail you a check for the difference.
