Hi I am thinking of selling my car. It is a very nice car, and I would have paid quite a bit in sales taxes. I live in Colorado.
I want to sell the car because of a few reasons. Biggest being that I cannot park outside in winter, else bunnies will eat my wiring. It's okay for now as I do freelance, but I am worried it will be an issue when I take my next job and have to park outside. Also the second is, I do freelance. After a year off and on work, my savings is not rebounding. Cutting my payments and insurance down would be nice.. Third it's a German car, and I am being told that it wont last much past 100k miles.. Guess I should have done more research! Last it's just too flashy. I overbought. I said to myself I should get a hot car, I can't afford a house in this foobar econ, so I might as well get a nice car.
Now if I get what Bluebook says I will, I am looking at like -10k to -15k for owning a car for just a year. Taxes, Service plans, packages, etc.
I am trying to figure out how I can maybe write off these losses, maybe get my sales tax back. If I lose too much money over all, it won't be worth selling, and I will be stuck with this anker payment.