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after driving an 04 STi for two years i went and traded it in for a new 05 EVO... Yeah i know, stupid mistake but i just got caught up in the EVO's superior handling hooplah that everyone was going crazy about so i had to own one- so at least I thought... Anyway's not even three months later i'm driving a new 06 STi deserting my brand new EVO in the lot of Irvine Subaru. Good Riddance to bad rubbish. Actually, i retract that statement. After owning both cars i have to say i have mad respect for the EVO and it's handling but once you have a Subaru it's kind of hard not to second guess yourself. Lets just say this was the most expensive mistake i've ever made. It was along bumpy journey but i am back from the dark side and i am finally content. Thanks again Subaru!
when you trade a car you get a tax credit for the appraised value of your trade, ie car youre buying 33.000 trade value 23,000 taxable difference = 10.000. you are taxed on the diff between what you buy and what your trade is worth. the real expense here is the loss in value of the cars he traded in.
I'd be interested in your opinions of them also, especially in how they differ.
Comparing stock to stock seeing I did Mod's on niether:
EVO:
Slightly better handling (Great Tires)
Whizzier sounding Turbo
OK Acceleration
Easier to shift
Crappy interior
Better seats
Can't launch on stock clutch
The EVO look's like a car you'd see on a keychain-horrible back end- and an annoying pointy nose
STi:
Great Handling
Ballsy sounding Boxer Engine
Better tourque
Great acceleration
Rough Idle
Nice Interior (Pretty Seats)
Can launch all day with stock clutch (not recommended)
The STi just looks more blingy
Pretty much everything we already know about both cars
when you trade a car you get a tax credit for the appraised value of your trade, ie car youre buying 33.000 trade value 23,000 taxable difference = 10.000. you are taxed on the diff between what you buy and what your trade is worth. the real expense here is the loss in value of the cars he traded in.
Here in Kalifornia I don't think it works that way. You are charged sales tax on the value of the vehicle you are buying.
There are tricks to reduce that amount (i.e.: lower value on your trade-in and lower sale price on new car = dealer makes same profit, but you pay less sales tax). But you sure don't get a tax credit for a trade-in.