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Old 08-21-2012, 02:03 PM   #3
MrRWD
2nd Gear Member
 
Join Date: Jun 2010
Location: Markham
Posts: 236
If you are willing to sell for $4800, and the dealer offers $4800, you'd be better off trading it in. - More cash in pocket.

You have a tax savings of $624 if you trade in... Tax on New car = (New Car$ - Old Car $)*1.13

So, to be even for you, you should sell it for $5424 private, or trade it in for $4800...

.... Trade it in...
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