Re:Apple Car: For Real This Time?
by gnicholas on Sunday January 24, 2021 @03:46PM
(#25895815)
In states like CA, this means paying $4,000 to $10,000 in sales/use tax with each purchase. It’s an incredibly inefficient way to pay for having access to a car. If you’re going to trade in that frequently, it’s probably smarter to lease. (I say this as someone who generally opposes leasing and has never done so.)
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It does cost money, but if you sell, you can pass part of that tax on to the buyer, as they’ll want to pay a bit more to avoid having to pay that tax themselves.