A dealer bought my and I bought a new one from a different dealership how do I get a tax credit?

Car was sold in Illinois and bought my new one in Iowa.

A dealer bought my and I bought a new one from a different dealership how do I get a tax credit?
The way to get sales tax credit would be to trade your car in on the new purchase at the same dealership. Not all states offer tax credit, such as Michigan, however I know Illinois does. I don't have my charts with me, so I don't know if Iowa offers credit.





It sounds like you may have sold your car to Carmax and purchased your vehicle from a different dealership. You loose the credit that way, however if the dealership was offering you much less than Carmax or the dealership you sold it to was, then you still came out ahead. Your situation happens a lot, specially if Carmax gives you more for your trade. I would suggest getting your vehicle appraised by say Carmax and compare it to what the dealership is giving you. Compare your %26lt;trade x sales tax%26gt; v/s Carmax trade in. I hope this helps you!
Reply:You got screwed. You can not recieve sales tax credit when the purchase is made in another state. You can always discuss it with a tax agent, but every time I have seen this happen, it has resulted in a long list of forms, and no credit ever recieved. I have never seen a case where somewhere did receive credit unless it was traded in, at the same dealer. you are subject to two different state's tax laws and will be bounced around for a while and then ignored. S. Laureys
Reply:you dont get sales tax credit. the way sales tax credit works is. you only pay tax on the difference.... IE..... you go to the SAME dealer and trade yours. lets say its worth 5000 and you buy one for 10000. you pay tax on just 5000. but if someone buys yours and you buy one somewhere else you dont get that credit. sorry hopefully a dealer didnt missinform you.