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For example, if you trade in a car with a market value of $10,000 and you buy a new car that's valued at $15,000, you'll only have to pay sales tax on the $5,000 difference.
You might also consider getting the car professionally detailed and making minor cosmetic repairs to maximize your car's trade-in value. 4. Go Car Shopping. Once you know what your current vehicle ...
“If your car is debt-free, the optimal time to sell your car is usually before its factory warranties expire, which for most new car warranties is at 36,000 miles or three years, and for ...
By using data collected from the dealership, Kelley published the company's first Blue Book in 1926, which became a standard guide in automotive trade in determining car value. [6] [9] [8] Kelley Blue Book was formed in 1926, and the Kelley family continued its dealership business in Southern California for several decades.
Black Book collects data from wholesale auctions it attends in person or online, applies adjustments and compares them against dealer advertised prices. Access is restricted because it requires subscriptions, but public access to its price search features are accessible through third party sites such as Newcars.com. [4] Assessing car value is dependent on several factors including make, model ...
Trade-in value is an important facet of the car deal. Many websites offer trade-in value estimates. [11] However, most of these values are estimated from a theoretical chart that may or may not be based on recent average sales prices of a particular make and model.