Willwork4truck
Spends too much time on here
You sure? I thought the sales tax advantage applied regardless, but it could vary state by state. See below, Maine isn’t on the list of 7 states...Hadn't thought of the sales tax advantage. This is a NH dealer so the only advantage would be for them. They get my trade without sales tax and I pay tax for the Ram when I get back to Maine.
A Jan 2019 article said this:
Begin quote:
“When you buy a new car and trade in your old car, the amount of sales tax you pay depends on state and local sales tax rates and whether the taxable purchase price is figured before or after you subtract your trade-in allowance. In 42 of the 50 states, you will pay the sales tax on the value of your new car minus the amount of your trade-in. Since Oregon has no sales tax, those who purchase vehicles there pay no taxes.
In the seven remaining states, you pay the sales tax rate on the full value of the new car. These states are California, Hawaii, Kentucky, Maryland, Michigan, Montana and Virginia. No matter where you buy your new ride, sales tax is only one component of the total taxes and fees you'll pay to drive a car.” End quote
from: budgeting.thenest.com