# out of state trade in, tax question

**URL:** <https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914>\
**Category:** NYSpeed Off Topic\
**Created:** [March 22, 2009, 5:04pm UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914 "2009-03-22T17:04:24Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![snowracer101](https://avatars.discourse-cdn.com/v4/letter/s/258eb7/32.png) [@snowracer101](https://forums.speedlife.net/u/snowracer101)\
**Post date:** [March 22, 2009, 5:04pm UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/1 "2009-03-22T17:04:24Z")

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If i were to trade my car in to a dealership in another state… and my trade amount is greater than the car i’m buying, do I still have to pay sales tax on the full amount when I register it in NY?

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**Author:** ![Willybeen](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/willybeen/32/7351_2.png) [@Willybeen](https://forums.speedlife.net/u/Willybeen)\
**Post date:** [March 22, 2009, 5:05pm UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/2 "2009-03-22T17:05:49Z")

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no. if the trade in excedes the value of the new car, then nope.

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**Author:** ![snowracer101](https://avatars.discourse-cdn.com/v4/letter/s/258eb7/32.png) [@snowracer101](https://forums.speedlife.net/u/snowracer101)\
**Post date:** [March 22, 2009, 5:06pm UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/3 "2009-03-22T17:06:37Z")

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> [@Willybeen](#):
>
> no.

Will it state on the bill of sale that I traded a car in that =$XXX amount of dollars, so the DMW doesn’t try to fuck me?

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**Author:** ![Pauly](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/pauly/32/7493_2.png) [@Pauly](https://forums.speedlife.net/u/Pauly)\
**Post date:** [March 22, 2009, 5:43pm UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/4 "2009-03-22T17:43:41Z")

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I’m thinkin you will. All dmv is gonna see is a bill of sale and tell you to pay sales tax

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**Author:** ![Penfold](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/penfold/32/5007_2.png) [@Penfold](https://forums.speedlife.net/u/Penfold)\
**Post date:** [March 22, 2009, 6:39pm UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/5 "2009-03-22T18:39:23Z")

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If the bill of sale says -$880 does the state pay you, is the real question here.

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**Author:** ![STEALTTH](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/stealtth/32/7582_2.png) [@STEALTTH](https://forums.speedlife.net/u/STEALTTH)\
**Post date:** [March 22, 2009, 7:05pm UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/6 "2009-03-22T19:05:28Z")

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It depends on the state. **I researched this when I did it last August**

However, I traded a car straight up for another car at a dealer in PA, same price, no tax was paid.

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**Author:** ![snowracer101](https://avatars.discourse-cdn.com/v4/letter/s/258eb7/32.png) [@snowracer101](https://forums.speedlife.net/u/snowracer101)\
**Post date:** [March 22, 2009, 8:39pm UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/7 "2009-03-22T20:39:33Z")

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> [@Penfold](#):
>
> If the bill of sale says -$880 does the state pay you, is the real question here.

> [@STEALTTH](#):
>
> It depends on the state. **I researched this when I did it last August**
> 
> However, I traded a car straight up for another car at a dealer in PA, same price, no tax was paid.

Yeah because the cars in question are, my trade $18000 and the car I will be buying ~$12k

If I bring it back to NY i will be PISSED if I have to pay a grand to put it on the road.

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**Author:** ![travisn](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/travisn/32/5046_2.png) [@travisn](https://forums.speedlife.net/u/travisn)\
**Post date:** [March 22, 2009, 8:56pm UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/8 "2009-03-22T20:56:55Z")

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So a dealer is giving you a car and 6K cash?

go to the dmv and ask? they will give you the forms and everything…

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**Author:** ![BOBBYGRV](https://avatars.discourse-cdn.com/v4/letter/b/ed8c4c/32.png) [@BOBBYGRV](https://forums.speedlife.net/u/BOBBYGRV)\
**Post date:** [March 22, 2009, 9:03pm UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/9 "2009-03-22T21:03:40Z")

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wouldnt this be a question that the dealer could answer for you? im pretty sure he would know out of anyone.

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**Author:** ![snowracer101](https://avatars.discourse-cdn.com/v4/letter/s/258eb7/32.png) [@snowracer101](https://forums.speedlife.net/u/snowracer101)\
**Post date:** [March 22, 2009, 9:12pm UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/10 "2009-03-22T21:12:53Z")

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> [@bobbyg1243](#):
>
> wouldnt this be a question that the dealer could answer for you? im pretty sure he would know out of anyone.

the dealer is in Virgina, it’s a small dealer… I’d rather ask someone on here who has personal experience with NYS dmv

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**Author:** ![fiend540](https://avatars.discourse-cdn.com/v4/letter/f/bcef8e/32.png) [@fiend540](https://forums.speedlife.net/u/fiend540)\
**Post date:** [March 22, 2009, 9:14pm UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/11 "2009-03-22T21:14:59Z")

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Whats the new ride going to be?

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**Author:** ![llink78](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/llink78/32/8037_2.png) [@llink78](https://forums.speedlife.net/u/llink78)\
**Post date:** [March 22, 2009, 10:55pm UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/12 "2009-03-22T22:55:07Z")

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I know but I’m not sure f he want to be sneaky. I will say it’s a type of Honda

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**Author:** ![Beck](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/beck/32/28683_2.png) [@Beck](https://forums.speedlife.net/u/Beck)\
**Post date:** [March 23, 2009, 4:40am UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/13 "2009-03-23T04:40:41Z")

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> [@fiend540](#):
>
> Whats the new ride going to be?

probably some 75k+ mileage S2000. :eekdance:

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**Author:** ![snowracer101](https://avatars.discourse-cdn.com/v4/letter/s/258eb7/32.png) [@snowracer101](https://forums.speedlife.net/u/snowracer101)\
**Post date:** [March 23, 2009, 9:01am UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/14 "2009-03-23T09:01:15Z")

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> [@Beck](#):
>
> probably some 75k+ mileage S2000. :eekdance:

wrong.

I’m going to call the DMV today, hopfully it’s good news

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**Author:** ![Pauly](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/pauly/32/7493_2.png) [@Pauly](https://forums.speedlife.net/u/Pauly)\
**Post date:** [March 23, 2009, 9:15am UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/15 "2009-03-23T09:15:35Z")

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The only times i’ve seen it work the way you think is when you are trading and buying from a nys dealer, not out of state. Do you really think the state is gonna not get their cut–pleaseee

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**Author:** ![newman](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/newman/32/7569_2.png) [@newman](https://forums.speedlife.net/u/newman)\
**Post date:** [March 23, 2009, 9:23am UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/16 "2009-03-23T09:23:34Z")

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I traded in my STi on my elise in chicago.

On the bill of sale from the dealer it listed my trade amount.

I only paid tax on the difference.

Same thing when i traded in my 06 sti on the rabbit. Trade in 21,000, rabbit was 17,500. I got a check from the dealer and didn’t have to pay sales tax.

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**Author:** ![snowracer101](https://avatars.discourse-cdn.com/v4/letter/s/258eb7/32.png) [@snowracer101](https://forums.speedlife.net/u/snowracer101)\
**Post date:** [March 23, 2009, 9:34am UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/17 "2009-03-23T09:34:40Z")

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> [@newman](#):
>
> I traded in my STi on my elise in chicago.
> 
> On the bill of sale from the dealer it listed my trade amount.
> 
> I only paid tax on the difference.
> 
> Same thing when i traded in my 06 sti on the rabbit. Trade in 21,000, rabbit was 17,500. I got a check from the dealer and didn’t have to pay sales tax.

finally after 15 posts! thanks newman, this is what I was looking for!

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**Author:** ![Willybeen](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/willybeen/32/7351_2.png) [@Willybeen](https://forums.speedlife.net/u/Willybeen)\
**Post date:** [March 23, 2009, 12:02pm UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/18 "2009-03-23T12:02:09Z")

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I already said the… No. lol

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**Author:** ![chino](https://avatars.discourse-cdn.com/v4/letter/c/bcef8e/32.png) [@chino](https://forums.speedlife.net/u/chino)\
**Post date:** [March 23, 2009, 12:37pm UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/19 "2009-03-23T12:37:51Z")

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you only pay the difference… so in your case you wouldn’t pay anything.

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**Author:** ![ryanmcell](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ryanmcell/32/7510_2.png) [@ryanmcell](https://forums.speedlife.net/u/ryanmcell)\
**Post date:** [March 23, 2009, 5:21pm UTC](https://forums.speedlife.net/t/out-of-state-trade-in-tax-question/64914/20 "2009-03-23T17:21:05Z")

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Where in VA?
