How do I receive the tax benefits from trading in a vehicle at Tri County Toyota?

If you trade-in your old vehicle to help pay for your new Toyota, you not only have to pay a smaller total sum, you actually benefit from paying less sales tax!


Remember, tax incentives are a way for businesses to attract buyers with the offer of paying fewer taxes. For instance, if Tri County Toyota is having a trade tax incentive going on, that means we buy your old vehicle (or trade-in), take the amount we bought it for and subtract it from the total price of your new Toyota. 


So if your trade-in was worth $10,000, we would subtract $10,000 from the $40,000, bringing your total price down to $30,000. That way, instead of paying taxes on the whole $40,000, you will only be paying them on the $30,000 after trade-in. 


So, how do you receive the tax benefits from trading in a vehicle? The answer is actually quite simple. Just bring in your old car to trade, and we do the rest!


If you have any questions about trading a car or would like to schedule a test drive, contact us at Tri County Toyota today!



Receiving tax benefits from trading in a vehicle at Tri County Toyota of Royersford
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