Need to sell my 2014 C7 to make room for my Z06
 

My Z06 is ordered and now I need to sell my 2014 C7, suggestions? Anyone else in the same boat?

When is your Z06 coming? Show your specs photos asking price etc

Why would you not trade it in? Are they hosing you on the trade? The tax credit will help even if you have negative equity.

+1 on the tax credit. I lost a little bit on my GTR when I traded it in Vs. Selling it, but the tax credit MORE than made up for it.

Tax credit? Not aware there was one. Please elaborate. I'll check with my wife too, she's a CPA.

Paid approx. $70k (tax, title, etc.), trade offer approx. $57k, from my standpoint, hose job. 1,700 miles, mint condition.

Not exactly a tax credit, but...

Let's say the you will be paying $90,000 for the new car. If you sell your car outright and buy the new one, you will pay sales tax on the full $90K. If you trade in your car and get the $57K trade allowance, you will only pay sales tax on the difference ($33K). That means your out-of-pocket cash could amount to +/- $4000 more without a trade.

I am sure that your CPA will inform you that you will have to get that much more in a private sale to even break-even.

So, it is not a tax credit, rather a tax savings.

ahh, got it, thanks for the tip!