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      11-01-2013, 07:11 PM   #8
Shaw
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Canada
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Drives: 2016 X5 35d | 2019 X3 30i
Join Date: May 2011
Location: Toronto

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Quote:
Originally Posted by chrisny View Post
Our tax rate here is 7.375%. So at 13%, I would think you would save enough on the tax savings by trading it in to match whatever extra amount you would get selling it privately (but losing the tax savings on the new one). Just my guess...
yes, I think the bottom line is almost the same except the fact that I don;t have the hassle of selling my car if I want to go private...
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