Whats my '15 S550 Worth?
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2015 S550
I'm assuming there was a typo in the first sentence, and it was supposed to read "The Porsche dealers "Wholesales" the Mercedes to the Mercedes dealer"?
So, if I understand, you sell your MB to the Porsche dealer, and he sells to an MB dealer wholesale, so there is no sales tax to the MB dealer? You pay sales tax only on the excess of the Porsche cost over the $104k.
Too bad I didn't know about this maneuver on my last transaction, though my 2008 W221 was only worth $24.2k so the sales tax savings wouldn't have been as great. But I'll definitely give it a try next time, if I again get a bad offer from whatever dealer I'm buying a new MB from (my W221 went to a Nissan dealer, though another MB dealer was pretty close at $24k...the dealer I bought the W222 from said only $21k). Thanks!
So, if I understand, you sell your MB to the Porsche dealer, and he sells to an MB dealer wholesale, so there is no sales tax to the MB dealer? You pay sales tax only on the excess of the Porsche cost over the $104k.
Too bad I didn't know about this maneuver on my last transaction, though my 2008 W221 was only worth $24.2k so the sales tax savings wouldn't have been as great. But I'll definitely give it a try next time, if I again get a bad offer from whatever dealer I'm buying a new MB from (my W221 went to a Nissan dealer, though another MB dealer was pretty close at $24k...the dealer I bought the W222 from said only $21k). Thanks!
They are going to have a tough time selling that car. 2016's are rolling in.