Jackson0810
Active member
- First Name
- Derrick
- Joined
- Dec 27, 2023
- Threads
- 2
- Messages
- 29
- Reaction score
- 16
- Location
- Georgia
- Vehicles
- Model Y
- Thread starter
- #16
WOW… That bites. In GA you can deduct the value of trade from taxes. If I sell to Carvana I won’t be able to deduct anything. However if Carvana‘s offer is better than Tesal’s offer along with the tax deduction we will go with Carvana.FYI, you cannot subtract the tradein value for tax purposes in CA, so even if you trade your old car in with Tesla you WILL pay taxes on FULL vehicle price.
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