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For example, if you trade in a car with a market value of $10,000 and you buy a new car that's valued at $15,000, you'll only have to pay sales tax on the $5,000 difference.
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This has the effect of boosting prices for remaining used cars by reducing supply, making it somewhat more expensive for low-income persons to drive in Ontario. Currently, [when?] the average car donation to Car Heaven is 16 years old (model year 1990-1991). The typical vehicle donated to Car Heaven would otherwise have been on the road for ...
Glass's Guide is the leading British motor trades guide to used car prices, often referred to in the trade as "the bible". Monitoring car values since 1933, it reflects how cars have become increasingly affordable – the £145 list price for a Ford 10 De Luxe (including £5 for an optional sliding roof) was the equivalent of almost two years' salary.
A tax is a price control, while a cap-and-trade system is a quantity control instrument. [55] That is, a tax is a unit price for pollution that is set by authorities, and the market determines the quantity emitted; in cap and trade, authorities determine the amount of pollution, and the market determines the price. [56]
CarTrade.com is an Indian online auto classifieds platform serving as a marketplace for users interested in buying and selling new and used vehicles. [2] Headquartered in Mumbai, the company also owns other vehicle trading platforms such as CarWale, BikeWale and CarTradeExchange, the omnichannel vehicle auction company Shriram Automall, the vehicle inspection company Adroit Auto, and the ...
AutoTrader (Trader Corporation) was founded in 1975 in Etobicoke, Ontario. [4] The company was known for its AutoTrader magazine, which was published under different names depending on the geographic region. [5] In 1987, AutoTrader was acquired by John MacBain, founder, president, and CEO of Trader Classified Media.