Quote:
Originally Posted by Draco-REX
I'll be trading my car for the BRZ even though I owe the majority of the value. The reason is because in OH, the full value of a car being traded in (regardless of any loans) is subtracted from the value of the new car to calculate tax.  |
i didnt know this about ohio! i was a little worried about getting less for my trade then i owe. if this is the case the tax savings may make up for the little bit of negative equity.
hmmm...going by nada guide i may actually get about $2k more then i owe. it is about the same as KBB. edmunds true value or whatever it is shows a value way lower.