gota911

Well, the delaer gave me a decent, but not great, trade-in offer. Today I took the Honda to CarMax and they offered me $1,200 more than the dealer. So I am selling the car to CarMax tomorrow and will do a one way rental to drive up to Huntsville on Friday. After the rental car costs are figured into the mix, the net gain is about $1,100.

gota911

Alan,

Thanks! I, too, think I got a good deal. Two year old (model years) car with 2,989 miles and 5 years of warranty. That works for me.

Waxer

+1

CarGuy21

Great find!! I hope I'm that fortunate when I'm finally ready to pull the trigger.

blk on blk

what about the tax savings? if you trade honda for say 10k then you only pay tax on the 78k-10k or pay tax on 68k. tax is usually 6.25% or thereabouts. if you sell it to car max then you have to pay tax on the whole 78k so you may be better off trading it for the lesser amount. don't know the number so i cannot say, but it is not always a net gain when you sell vs trade

DRJMK

here in SC you pay a max of 300.00 sales tax, then pay personal porperty tax on the vehicle every year at registation renewal. For my 997 C2S it was 2200.00 in 2010. On my new X5, it was 1400.00. And when I renew my tag in December, I am sure it will be at least 1200.00! It does go down evey year as long as you own the vehicle. We get kicked in the teeth every year at renewal time. My tag renewal is December, so I'll get the tax bill in December. Next vehicle, I am going to buy and request a new tag, but in July or something!!! I hate getting nailed with the tax, especially at Christmas!!! Hopefully, Tim prepaid his tag on the Honda, which would be MAJORLY lower than a 2010 C2S if he transferred the tag. If not, he'll get a friendly tax bill in 90 days. SC is sooooo freakin' backwards on car taxes.....I just wish we could pay it upfront!!!!!!!!!!!!

gota911

OK, I got the Rev Range info today.

Range 1 422 @ 105.89h
Range 2 7 @ 2.11h
Range 3 --- 0 @ ----
Range 4 --- 0 @ ----
Range 5 --- 0 @ ----
Range 6 --- 0 @ ----

Current engine hours 138.73

No worries here!

gota911

As Jen mentioned above, SC auto taxrate is 5.00%, up to a MAXIMUM of $300.00. How cool is that? Consequently, there was no tax benefit on trading the car in. Either way. I would pay $300.00!

DRJMK

Tim

Good luck again!

Have an AWESOME drive tomorrow!!!!!!!!!!!!!!!!!!!!!! You deserve it my friend!
PS I was going to a a 'calling all Honda drivers thread send-off" !!!

Pics when you can....I should drive up there this weekend!!!


Be safe!

Jen

gota911

Jen,

Yes, I believe we paid the Honda taxes already. You have to pay the property tax before you can get the license plates. I kept my Honda plate and will transfer it to the Porsche. I have 45 days to "officially" transfer them with the DMV.

Holli82

Are you sure you want to give up the Honda????....j/k

Glad to see you back in a P-car. Congrats and enjoy!

gota911

It was a tough call.

I kept going back and forth..... '08 Honda or '10 Porsche.... Honda... Porsche .... Honda... Porsche .... Honda... Porsche. In the end, the Porsche barely edged out the Honda!

Thanks, I am glad to be back in a P-car!

DRJMK

then your taxes are paid up until the renewal! Good move! Just be prepared for for 2000.00 personal property tax!

JLHendrix

That is a super deal! congrats.