- Joined
- Jun 27, 2021
- Threads
- 3
- Messages
- 193
- Reaction score
- 276
- Location
- Hershey PA
- Vehicle(s)
- 2022 Maverick Lariat
- Engine
- 2.0L EcoBoost
I sold my '19 Corvette ( that I paid cash for) back in April for $8,000. more than I paid for it in Dec. 2019, and I also have a '19 Honda Civic that the lease will end in Feb. of '22. I was thinking of buying out the lease and then trade the Civic on the Maverick when the Mav arrives to lower the state sales tax I will pay on the purchase of the Maverick. $34,000. x 6% tax = $2,040. tax. I can purchase the Civic for $12,475.(plus 6% tax) at lease end in Feb or, if the Maverick arrives before then, I can purchase based on amount that will be pro rated at the time of purchase. (As of today the purchase price is $13,284. + tax). So what would the smart move be? Turn in the Civic or buy it and trade.
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