Does buy back $ offset sales tax on a new car?

alightner

Active member
Joined
Jun 29, 2016
Location
US
TDI
Multiple
There was no breakdown given.

Received $1795. of the $2000. I paid in State and local taxes.

Better than I was expecting.

Since I purchased a vehicle that was less than the buyback I received.
If you purchased a replacement car for less than VW paid you, but the state still kept $205 of your taxes, then they must have broken out the restitution and only given the credit on the "vehicle value" (ie you received a credit that was less than the purchase price of the replacement vehicle).
 

ducati08

New member
Joined
Dec 21, 2009
Location
St. Louis
TDI
2010 JSW TDI
In Missouri ... I turned in my TDI this week, bought replacement car 2 weeks ago. Registered replacement car today and received the ENTIRE settlement amount as offset. So didn’t have to wait for any refund check, etc. they just netted out the offset and I paid sales tax just on the difference, about $2k less in sales tax.
 
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