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When deciding whether to trade in a car or sell it privately, which of the following is not a consideration?

A) "ACV" or actual cash value being offered by the dealer
B) Private sale price you think you can achieve if you sell the car yourself
C) Sales tax offset for the trade-in offered by many states
D) Year, make and model of the car

User The Rat
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1 Answer

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Final answer:

When deciding whether to trade in a car or sell it privately, consider the actual cash value from a dealer, potential private sale price, and sales tax offset. Choice D, year, make and model of the car, is not a differentiating factor as it impacts both trade-in and private sale considerations.

Step-by-step explanation:

When deciding whether to trade in a car or sell it privately, it's important to consider several factors. Firstly, you should consider the 'ACV' or actual cash value being offered by the dealer. This is the amount that the dealer is willing to pay you for your car. Secondly, you should estimate the private sale price you might achieve if you sell the car yourself; this is often higher than trade-in value but requires more effort on your part. The third consideration is the sales tax offset for the trade-in, which is offered by many states and can reduce the amount of sales tax you pay on your new vehicle. However, the year, make and model of the car, listed as choice D, are not considerations in deciding whether to trade in or sell privately as these are fundamental aspects of the car that would affect both trade-in and private sale considerations.

User Algorytmus
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