We do not guarantee your eligibility or incentive availability. In some states (CA, GA, MD, SC, TX), you’ll pay the sales tax for the entire purchase price upfront but you may receive a tax credit accounting for the extra sales tax when you file your state taxes.Ĭheck with your state government for details specific to your state and vehicle. For example, if you’re purchasing a new Tesla vehicle for $60,000 and you’re trading in a vehicle valued at $10,000, the sales tax for your purchase would be calculated as if you were equal to purchasing a $50,000 vehicle. If applicable, the value of your trade in vehicle will be subtracted from the purchase price of your new Tesla vehicle before state sales tax is calculated, meaning you pay less sales tax at the time of your final payment. If you live in one of the following states, you may be eligible: AR, AZ, CO, CT, FL, ID, IN, KS, MA, MN, MO, NC, NJ, NM, NV, NY, OH, PA, TN, UT, WA, WV, WY. In addition to adding credit toward your vehicle purchase, several states offer an incentive for trading in your vehicle in the form of a sales tax credit.
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