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Originally Posted by lem144
And you could have sold the Prius for $2000 more, or $1000 more to some 3rd party. If gas ever hits $5/gallon my TCH is being sold at a profit too.
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That crossed my mind for an instant.
Two MAJOR factors:
Sales tax on the new car is more when you sell instead of trade. Tax is on the price AFTER trade.
I had an outstanding loan on the Prius. It was much simpler to have the dealer handle the payoff and retrieve the title etc.
Just getting lazy in my old age I guess.
J