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Old 11-29-2012, 04:21 PM   #505
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Originally Posted by Doglife1LE View Post
I'm not sure we have a tax right off for trade ins here in California? Is it a federal or state thing?

I would guess it is a state thing, I am in Texas. Here you pay tax on the difference betwen the purchase price and trade value. To me that was the difference between tax on 40k or 22k so it saved me around 1K.
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Old 11-29-2012, 04:27 PM   #506
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Originally Posted by ST1LE View Post
I would guess it is a state thing, I am in Texas. Here you pay tax on the difference betwen the purchase price and trade value. To me that was the difference between tax on 40k or 22k so it saved me around 1K.
Same in Louisiana. Only have to pay sales tax on the difference. Saved me a good bit of money also. Saved a whole bunch of money by going to the credit union instead of a bank. I love simple interest!
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Old 11-29-2012, 04:29 PM   #507
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Right on. I'm going to call them now.
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Old 11-29-2012, 05:02 PM   #508
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Alright fellas the car is at the dealer and I can pick it up tomorrow!!!. I'm trying to get the dealer to send a pick to me and of course I will post it if/when I get it.
Hooray We need pics soon..lol
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Old 11-29-2012, 05:18 PM   #509
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You are aware of the tax break you get when trading in right?
Whats this about a tax break trading it in? I have had my 2011 1LT RS/RS for sale since i ordered baby,and to my surprize i didnt sell it so am going to have to trade it in and am losing sooo much money.
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Old 11-29-2012, 07:10 PM   #510
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Alright fellas the car is at the dealer and I can pick it up tomorrow!!!. I'm trying to get the dealer to send a pick to me and of course I will post it if/when I get it.
Yeah, bubba!!!!!!
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Old 11-29-2012, 07:14 PM   #511
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My car has been in holding in UP's Illinois train yard for over 48 hours now. At least I think so. Can the dealer do any different tracking than we can with the phone numbers?
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Old 11-29-2012, 07:38 PM   #512
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So I decided to give my friend a few days to get his loan together to buy my Honda I was going to trade in. I told my dealer that I would pick-up the car up on Monday. It sucks that I have to wait some more knowing my car is there, but my friend needs a reliable car for work. The good thing is Monday is supposed to only be slightly cloudy instead of pouring rain like the rest of the weekend. I'm definitely going to swing by to check it out sometime soon. As always I will keep you guys up to date.
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Old 11-29-2012, 08:17 PM   #513
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My car has been in holding in UP's Illinois train yard for over 48 hours now. At least I think so. Can the dealer do any different tracking than we can with the phone numbers?
The people at the train yard here said they basically have 48 hrs to get them moved,so they better get going.As far as the dealer we have far better info here.I talked to my salesman who knows someone at the train yard,but the lady i talked to there is the one in charge,so im better off taking care of it my self.
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Old 11-29-2012, 08:27 PM   #514
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zl1, was using tapatalk earlier, so i just saw your photos now...that first one looks like you were at makapu'u lighthouse, am i right? i have a really similar photo lol
I think so that was Xmas 2007 three islands over 2 weeks seems so long ago.
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Old 11-29-2012, 08:45 PM   #515
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So I decided to give my friend a few days to get his loan together to buy my Honda I was going to trade in. I told my dealer that I would pick-up the car up on Monday. It sucks that I have to wait some more knowing my car is there, but my friend needs a reliable car for work. The good thing is Monday is supposed to only be slightly cloudy instead of pouring rain like the rest of the weekend. I'm definitely going to swing by to check it out sometime soon. As always I will keep you guys up to date.

Class
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Old 11-30-2012, 07:23 AM   #516
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So now I am stuck in the dreaded Salem, IL interchange. Been there for the last 14 hours so not terrible yet, hoping it keeps on moving and isnt stuck too long.
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Old 11-30-2012, 10:02 AM   #517
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ST1LE, hopefully it starts moving again soon.
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Old 11-30-2012, 10:10 AM   #518
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Yeah I hope it does, but whatever it will get here when it gets here. So did you check in to the tax break in Cali, and decide to still sell to your buddy? I saw that you decided to wait until Monday to allow him to get his financing. You should get some kind of brotherly love award or something man!!! 1LE at the dealership and you are waiting!! WOW!! Impressive.
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