Rolo1069
Member
Price of trade-in is subtracted from sales price for dealers/Tesla and RI is one of those states so you’ll pay less sales tax (for any trade-in transaction not specific to EVs or Tesla).
But the used car market is so hot right now even taking into account my state’s sales tax (6%), it’s still worth it for me to sell to a dealer/private party since everyone is offering me around $40K for my 2018 M3 Silver, LR, FSD, 50k miles. Tesla was offering me $33.5K last Feb at MX order time. So I canceled the trade-in last week and I’ll probably sell to this dealer since it’s less of a headache.
PS: LOVE RI! I grew up there and
Guess I have some math things going to do lol. Neither one of the quotes cover the loan buy out.