MachEUser
Well-Known Member
The trade-in option is mostly for convenience since there is no sales tax in NJ on EVs. You won't be getting a reduction in sales tax based on the trade-in value that you would be getting on an ICE car purchase.Thanks for all of the helpful info Tim. I actually spoke to my salesperson Keung and he said that they would just cut me a check for the difference if I decided to trade in my car with a higher value than 30% of my Mach-E MSRP (which I believe is $50,800 after destination, if that counts) ?.
You could always just sell your vehicle through other methods and may even get a higher value.
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