I was going to trade my car in a while ago and the dealer told me that I can save tax if I trade in a car (at least the tax on the portion that came from the trade in) so I think that the form of payment doesn't matter. (I was talking about the sales tax, not income tax or any other taxes btw).
The only concern that I have is that if this still works if the trade in is owned by person A and the new car will be owned by person B. Can somebody confirm this with me? Thanks
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