Britten440

I know when you are trading in a car to buy another one at a dealer, you get a tax break and only have to pay tax on the value of the car that ISN'T covered by the trade.

Now if you trade in a car and start a lease, is there any discount on the taxes?

Im trading in my 2003 A4 that I own and is worth 17K, and getting a new A4 that I'm leasing... Is there anyway to not pay taxes on the leased car or pay less?? I live in NJ

Thanks!

afretes

figure this, you now own a $17 ks car, if you trade it in, at the end of your lease you'll have nothing to show for. I can understand if you were buying but not leasing.
The advantage to trading a car is that you don't pay taxes as you would if you were puting a down payment.

quattrothatcould

Sell the car and then put the money towards the lease payments. Do not trade it into the dealer.

MB The Body

I agree don't trade it into the dealer