Quote:
Originally Posted by ndabunka
You took a larger loss than that because you had to pay the sales tax on it when you bought it (on TOP of the MSRP or whatever price you negotiated). ALL the high performance cars SUCK if you only keep them for a year or two. Best to buy them from guys who have "dumped" them so that someone else takes the initial depreciation hit. At least, that is what I do. Shopping these now and can get them in the $60K range (for a 2010 model)
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No. In Texas you do not have to pay sales tax again on the valued trade in price. (in my case $81,000.00) This is if you
PURCHASED the vehicle originally. Also people looking to buy a $100K+ Car frankly are not going to look for a used car. They are going to want new. BMW //M cars always have terrible resale value