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Icefyre79 t1_jebdziu wrote on March 30, 2023 at 7:56 PM

Are you trading too? If so, the sales tax is calculated on your out-of-pocket price. So, if the new car is $40,000 and they give you $18,000 for your trade, you only pay sales tax on $22,000.

hoodpharoah OP t1_jebhwl4 wrote on March 30, 2023 at 8:21 PM

Don’t plan on trading in but this is new to me!

PakkyT t1_jed0e27 wrote on March 31, 2023 at 2:52 AM

https://www.mass.gov/guides/motor-vehicle-and-trailer-sales-and-use-tax#-trade-in-credit-

>The sales tax is based on the sales price minus the trade-in amount.