Question on selling my Q5

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01-27-2013, 05:41 AM

#11

RockyTop

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Location: Knoxville, TN

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Quote:

Originally Posted by Gqinxs

Arent there tax benefits to trading in with dealer you should take into account also?

Depends on your state. Here in Tennessee, the tax on cars is 7%. So as long as you can sell it for 7% or higher than the dealer offers (which is easily feasible), it negates the tax advantage. Unsure of this particular scenario, but I doubt any tax advantage will outweigh the $6,000 difference he received from Carmax over the dealer.

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01-27-2013, 06:06 AM

#12

Plasticar

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Quote:

Originally Posted by dsackman

The dealer assessor offered $25k for the '11 Q5 2.0t with 38k miles and the sales person actually suggested I go to Carmax.

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Most dealers are going to take the car to auction, and every step wants to make a grand on the way. The local Carmax is probably putting it right on the lot.

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01-27-2013, 08:14 AM

#13

dsackman

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Quote:

Originally Posted by Plasticar

Most dealers are going to take the car to auction, and every step wants to make a grand on the way. The local Carmax is probably putting it right on the lot.

.... and CarMax did. For $35,000.

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