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If you trade in a car, say $12000 on a $30,000 car, do you pay tax on only $18,000? What is you owe $6000 on the trade in
car, do you pay tax on $24,000? Thanks!
 

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In PA anyway, you pay tax on the difference. The theory is that you already paid tax on the car your trading in when you originally bought it.
 
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