Texas Hyundai Helps You Choose the Better Deal: Trade in the Used Car or Sell

Is it time for a new Hyundai from Texas Hyundai

? If you're looking to get a new car, what will you do with the car you're driving around in now? If you aren't keeping it, you have two main options: to trade it in or sell it yourself. Here are a few things to consider when you're choosing between trading in a car or selling it yourself:

Texas State Trade-in Tax Breaks

In Texas, trading in a car helps you save money on the taxes you have to pay on your new car. With a trade in, you only pay tax on the difference in price between the new car and the trade in value. If you trade in a car worth $5,000 and you buy a Hyundai worth $20,000, you pay tax on $15,000 instead of $20,000. Depending on the value of your trade in, the savings can really add up and make trading in the car a better option than selling it yourself.

Which Method Lets You Make More Money?

If you think you can sell the car yourself and get more than we offer you for the trade in, then you can always give it a try and see if it sells for the price you want for it. Check Kelley Blue Book to see how much they think the car will sell for, and see how it compares to what we can offer you as a trade-in. Keep in mind the sales tax benefit will reduce the price of your new car on a trade in.

Texas Hyundai Helps You Choose the Better Deal: Trade in the Used Car or Sell

By: Karl Krell

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