https://www.caranddriver.com/research/a ... hicle-tax/
In CA private car sales pay a 'use tax' instead of 'sales tax.' So far as I can tell it is the same rate.
You are correct, but I was addressing your statement that you were deducting the tax credit I received. I was pointing out that what I received is not the maximum tax credit possible for some taxpayers.SageBrush wrote: ↑Thu Mar 11, 2021 4:06 pmOP: I realize that you collected less than the maximum possible tax credits but if your potential buyers are x-shopping your car with a new car where they are eligible for full tax credits, that is the discount they will use in deciding whether to buy your car.
To be sure, but the Carvana offer is good until the 23rd and KBB and NADA are pretty reliable about resale value. I couldn't find any of the same year and model with equal mileage for a lower price. If KBB and NADA say private party value is $24,000 - $26,000, I'm inclined to believe them. Especially since that's backed up by Carvana's willingness to buy at $23,000. They're not in business to lose money. However, if nobody wants to pay that it's no skin off my back. I'll just sell it to Carvana. I would be remiss if I didn't try private party sales first.
Same job, more duties, same pay. Always the story, isn't it?