Why calculator is calculating tax on Trade-in equity?

Ask the Hackrs
1

Is this by design or trade-in always get taxed?

should be cap-cost reduction?

upfront taxes 675

remove trade in and taxes are correct for incentives

2

Some states tax on trade-ins and some don’t. California taxes on trade-ins. We didn’t build the option to elect how trade-ins are taxed because we were cautious with overbuilding a consumer-oriented calculator when it is already overwhelming to most users. We are happy to build that in if there is a popular request.

3

Thanks for the quick reply. Make sense with how calculator is built.

I will remove the trade-in taxes in the payment.