Does trading in my car reduce sales tax in Missouri?
Trading in your vehicle can lower sales tax costs in Missouri. Tax is applied only to the price difference. This can result in major savings.
Quick Summary
Trading in your car can significantly reduce sales tax.
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MO
Yes! In Missouri, you typically pay sales tax only on the difference between your trade-in value and your new vehicle’s price.
This can save you hundreds or even thousands of dollars.
Jim Olive
Founder, Auto Loan Pro
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