# New Jersey — Vehicle trade-in sales tax credit rules by state -- full price taxed, or only the difference

For New Jersey, trade-in credit allowed is full credit, recorded from its source on 2026-08-20.

- **State:** New Jersey _(our reading, not quoted from the source)_
- **Trade-in credit allowed:** full credit _(our reading, not quoted from the source)_

## What the source says

> What must a dealership exclude when determining the sales price of a motor vehicle? The amount of any credit the dealership gives the purchaser for a trade-in, and actual costs imposed by the New Jersey Motor Vehicle Commission (MVC) for a motor vehicle title and registration.

## Source

- https://www.nj.gov/treasury/taxation/documents/pdf/guides/New-Jersey-Consumer-Automotive-Tax-Guide.pdf

Last verified: 2026-08-20. Review by: 2027-08-20.
Part of [Vehicle trade-in sales tax credit rules by state -- full price taxed, or only the difference](https://referencesource.org/vehicle-trade-in-sales-tax-credit-by-state/).