Colorado
What is the trade-in credit allowed for Colorado?
For Colorado, trade-in credit allowed is full credit, recorded from its source on 2026-08-20.
If the purchaser trades in a motor vehicle they own as part of a transaction to purchase another motor vehicle, the fair market value of the trade-in is excluded from the taxable purchase price, so long as the motor vehicle the purchaser trades in is subject to licensing, registration, or certification.
— tax.colorado.gov, retrieved 2026-08-20
- State
- Colorado our reading
- Trade-in credit allowed
- full credit our reading
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
- tax.colorado.govhttps://tax.colorado.gov/sales-use-tax-topics-motor-vehicle-sales