Nevada
What is the trade-in credit allowed for Nevada?
For Nevada, trade-in credit allowed is full credit; statute or regulation citation is NRS 372.025 and 374.030, recorded from its source on 2026-08-20.
Pursuant to NRS 372.025 and 374.030 there is an allowance against the selling price given by a retailer for the value of a used vehicle which is taken in trade on the purchase of another vehicle. This is called the trade-in allowance. The allowance is equal to the full market value of the vehicle traded in.
— tax.nv.gov, retrieved 2026-08-20
- State
- Nevada our reading
- Trade-in credit allowed
- full credit our reading
- Statute or regulation citation
- NRS 372.025 and 374.030 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
- tax.nv.govhttps://tax.nv.gov/wp-content/uploads/2025/09/Motor-Vehicle-and-Vessel-Dealers-Packet-1.pdf