Hi everyone,
I know there are other threads talking about how Tesla only offers wholesale prices on their cards for trade-ins, and currently the used market prices are still well above that. I'm planning on "trading in" my Model-S for a new Model-X (whenever it's ready). A Chrysler dealership offered me $15k more than what Tesla was offering, and no requirement to buy a car from them.
I know a lot of people say trading it in to the "dealer" you get the trade-in value's tax deducted from the final price you pay for the new car, but a few people have told me that if you sell it to another dealer (who indends to sell it), you should still be able to get the tax deducted. It comes down to avoiding double-taxing the sale of the same car.
Has anyone done this sucessfully? ie. sell your old car to a used car dealership, and still be able to deduct the tax of the used car from the final sale price of the new one?
I know there are other threads talking about how Tesla only offers wholesale prices on their cards for trade-ins, and currently the used market prices are still well above that. I'm planning on "trading in" my Model-S for a new Model-X (whenever it's ready). A Chrysler dealership offered me $15k more than what Tesla was offering, and no requirement to buy a car from them.
I know a lot of people say trading it in to the "dealer" you get the trade-in value's tax deducted from the final price you pay for the new car, but a few people have told me that if you sell it to another dealer (who indends to sell it), you should still be able to get the tax deducted. It comes down to avoiding double-taxing the sale of the same car.
Has anyone done this sucessfully? ie. sell your old car to a used car dealership, and still be able to deduct the tax of the used car from the final sale price of the new one?