I have a 2019 Volvo XC40 that is up for expiry and well under mileage (22K vs 36K) and in the current market it makes sense to capture the equity in the car and purchase-to-sell. I had a solid offer from Vroom and Carvana and was hoping to avoid Connecticut Sales tax (about $1,700), however both Vroom and Carvana advised they do not purchase directly from VCFS.
We’ve had two kids in the interim so I’m looking to upgrade to an XC90 so I was wondering if anyone has any knowledge of CT sales tax exemptions if we flip the car within a period or otherwise. I’ve tried to research it, but I haven’t had any luck. I also tried speaking to a dealer, but got the usual ‘Sell it to Carvana at that price. We couldn’t come anywhere close’. The offer was circa 34.5K from Carvana/Vroom.
Any suggestions welcome!