This is true in FL. It's a welcome surprise the first time you trade in a vehicle and the total cost of the new one decreases significantly by the amount of the sales tax of the trade.

I've not experienced selling one myself so I don't know if that part is true in FL. As to whether or not car dealers lobby state legislatures to make it harder to sell it yourself... I'll just let that one go by.

 

Yep. I have 2 months to sell my F150 here in FL, but I'd have to sell it for a few thousand over its value to have it be worthwhile, because of the sales tax credit.

Also, having the trade allows some leeway on things that are regulated in FL, like the price of ESP.

 

OP, I just want to say.. that GMC in the photos is one bada$$ looking truck. I'd be proud to drive it. I know this is a Ford site, and I'm a Ford man, and TBH never been a fan of anything GM other than the Cadillac... but... wow that's a beautiful truck!

Unless it's falling apart and costing more money to keep running than payments on a new truck, if it were me, I'd be really happy to drive that truck. Just sayin...

 

i live on the ga / fl line. Would it benefit me buying in another state or is that a bunch of hassle?

 

OP...A lot of good info given here and even better advice in life experiences, the only problem is your mind is already made up.

If happiness is what your after as the old proverb goes..."Happiness is not having what you want. It is wanting what you have".
This goes for more than a truck too.

Why don't you wait a month about "wanting" a new truck. That means stop looking and searching. Have "quality time" with GF and take your mind off of the truck thing. In a month if you still feel as strong about it than fill the "want". Self control it's all in the mind.

 

Love this! X2

 

In my state if you sell private party, the purchaser still has to pay the sales tax when they register, I don't get a sales tax credit on the new vehicle, so its the state that is double dipping the greedy blood suckers.

 

Good point in my state WA ESP's are NOT taxable. I don't know if that's Federal law or state by state. Obviously being non taxable makes it easier for dealers to sell them.

 

You can purchase in any state, but your state of residence where you live and register the vehicle, you will pay their taxes no matter where you purchase. They typically snag you at the time of title and registration. Of course if you finance the finance company is going to make sure you pay the taxes and insure the vehicle.

There was a time when people near me would drive 20 miles across the river into Oregon which has no sales tax and find someone who lives in Oregon and register their vehicle in Oregon to dodge the sales tax. But that was 25 years ago, you get caught doing that today and they slam you hard. The tax plus penalties plus interest. And yes they park enforcement vehicles at the bridge and photograph you coming back into WA with your shiny new vehicle.

I know a guy who purchased a $28k Kubota tractor in Oregon, paid cash, no paperwork. Hauled it back to WA with his own truck and trailer. They have photo's of him leaving the Kubota dealership, and photos of him driving across the bridge into WA. His attorney told him to pay the tax and penalty immediately and stop mouthing off, they had him cold.

 

Sorry, my bad.

I don't think they are taxed in FL either. What I have been told is that the PRICE of the ESP is mandated by a board in FL. It is a pre-determined price, and that means no negotiation. However, Ziegler is about $600 less than my selling dealership.... So I'm not sure what that means. However, my selling dealership will be giving me the difference added onto my trade, so that I still buy it from them. They say they cant reduce the price of the ESP by law.

 

Yes that is true in some states, and some states mandate you have to purchase in your state vs online. So far my experience has been my selling dealership has matched or come very close to the best online quote I can get. I just print out the quote, they are happy to make something vs nothing on the ESP.


Chris this is something else to consider. It can be VERY expensive to repair a diesel. Some repairs requiring the cab to be removed from the truck so just the tear down in prep for a repair could be many thousands of dollars. If you plan on buying the diesel and keeping it long term an ESP may be a good idea. I went with the 8 year 125k mile ESP for $3100, I added the $125 rider which covers all the LED lights including my LED headlights. It doesn't cover everything, but should cover anything that would require a cab removal. The soot cooker aka catalyst is NOT covered. I read somewhere that just the exhaust system on the SD diesel is like $9,000 not sure if that's true, other guys may chime in.


Not trying to scare you off a diesel, but just know what you are getting into. The flip side is, if you keep the diesel say twice as long as a gas truck, the cost of diesel related repairs might be offset by the cost of a whole 2nd gas truck, that's where it pencils out.

 

This is the reason I always just trade my trucks in. In Ontario Canada the tax is 13% so makes a big difference. I got $40,000 for my traded in 2011 drw 350 if I sold it privately I would need to get $45,200 just to break even. Dealer sold it for $42,500
And no need to deal with tire kickers lol

 

13% goddamn

 

Yup and it's on everything
Got to love our government

 

Not in California. They want to squeeze every last sales tax dollar out of vehicles. The sales tax is on the price before any cash back, rebates, etc. If you gift someone a used vehicle, they have to pay sales taxes on the value of the vehicle.