Take advantage before the New Illinois Tax Law takes effect January 1, 2020!
The time is NOW for you to contact Brad Deery Honda before the end of the year for a trade-in evaluation! Capitalize on your vehicle's value; it's worth more today than it will be Jan 1, 2020 when this new law takes place.
This law caps a customer's trade-in tax credit at $10,000 (previously unrestricted). See the below example how this will affect you:
|Before Jan. 1||After Jan. 1|
|New Car Price||$35,000||New Car Price||$35,000|
|Trade-In Tax Credit||$20,000||Trade-In Tax Credit||$10,000|
|Taxable Amount||$15,000||Taxable Amount||$25,000|
|Sales Tax||$1,311||Sales Tax||$2,185|