California
What is the trade-in credit allowed for California?
For California, trade-in credit allowed is no credit; statute or regulation citation is Regulation 1654(b)(1), recorded from its source on 2026-08-19.
When a used automobile is traded in on the purchase price of a new automobile, the dealer accepting the trade-in must include in the measure of tax the amount agreed upon between the seller and the buyer as the allowance for the automobile traded in. (Regulation 1654(b)(1).)
— cdtfa.ca.gov, retrieved 2026-08-19
- State
- California our reading
- Trade-in credit allowed
- no credit our reading
- Statute or regulation citation
- Regulation 1654(b)(1) verified
Values marked our reading are our classification of what the source says — the source does not print them in those words. The quote below is the evidence for each one; judge it yourself.
Source
- cdtfa.ca.govhttps://cdtfa.ca.gov/lawguides/vol2/suta/140-0500.html