last time when i traded my lexus for my xB, I didn't have to pay tax
if I wanna trade my xB with a tC, do I need to pay tax or not again?

I don't really know how a trade in works

 

you'll have to pay tax if the tC is more than what you are getting for your xB.

 

to better-phrase that,
you won't pay the sales tax difference if you are not upside-down on your trade in (i.e. if you do not owe more than the car is worth).

For example: say your xB payoff is $10,000.... and say its worth $12,000..... and you are trading this in. you save $2,000 of the total price of the car, which essentially saves you sales tax on $2,000.

You WILL have to pay sales tax period. obviously your pre-owned xB isn't going to be worth as much as a brand new tC, especially when the tC costs more than the xB in the first place. Chances are you are upside down on the xB right now anyway (unless you put a lot down). So your payments would go up substantially for the tC. And if you were upside down, no you would not save any money on sales tax by trading it in. At the most you could hope for a Scion loyalty discount, but i don't think too many dealers are discounting ANYthing off these units, especially a brand new tC which will be hard to keep in stock.

on a side note: you traded a lexus in on an xB? wow. That would make a great story... ;)

-ABT-

 

let say I got the xB for $16500, and then the tC is gonna be $17500, then I have to pay tax right?

well ..... I still have to pay tax on the tC no matter what

 

ok... if you bought the xB for 16,500... and lets say you bought it 6 months ago (i have no idea what the resale is on these, but its not going to be what you paid).

Lets pretend the trade in value is 13,000...... if you're payoff is more than that, you will be what they call "upside down." (you owe more than its worth). If that is the case, they take the difference between the car's value and its payoff and ADD it to your total cost of the tC. So if the tC was $17,500, now its 17,500 + difference of xB. and yes, you'll pay tax.

IF your payoff is LESS than 13,000, that difference will be SUBTRACTED from the total cost of the tC, and will save you that amount in sales tax. again, you still pay sales tax, but you don't pay tax on the difference you subtract from the tC's price.

get it?

Cheers
-ABT-