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791 Views 2 Replies 3 Participants Last post by  SIlver_Lana
Has anyone experienced trading in their previous car for an SLK 350? Im going in soon to pick up my new car! But i also have a 2002 325ci. I know I wont get as much from a dealer, but I heard its a lot easier than selling it on my own.
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In Ohio, when you trade in a car, you only pay sales tax on the net difference between the new and used car. I traded-in a 2-month old SLK350 standard body for the SLK350 w/AMG package. I got all but $1K back of the original MSRP of the first car. I would have done better if I had not banged up the rear bumper. You would have to factor in this sales tax "credit" if you try to sell the car on your own.

In some cases you can convince the dealer to "pass thru" a deal to a buyer you find on your own. So if you find a buyer willing to pay $50K, you trade it in for a new car, save the tax and the new buyer buys the "trade-in" from the dealer. Usually, the dealer tacks on a "fee".
I traded a 2001 SLK320 for my SLK350.
I got $21k for my trade-in on my car with 42k miles.
Hope that helps.

By the way, I also got $1500 off the MSRP on the new car.
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