Quote:
Originally Posted by ZionsWrath
Just realize, depreciation aside, anytime you trade cars the money you paid on TTL is gone. Don't know your tax rate but mine came out to ~2,500. I don't make enough to throw away that kind of money. Unless you REALLY regret your purchase just stick with it. The grass is always greener.
|
I thought if you traded in a car when you buy a new car, you only pay the tax difference? Either way, changing your mind after you already purchase a car is always a poor financial decision.