Trade in to save luxury tax

[204VetteFiend]

Does anyone have experience with the luxury tax? If I have a trade in that brings my cost below $100K do I still have to pay luxury tax?

 

[JOHNNY MAC]

Does anyone have experience with the luxury tax? If I have a trade in that brings my cost below $100K do I still have to pay luxury tax?

Yes…trade will save PST/GST but not LST.

 

[DenisC8]

trade in will not lower lux tax