Just on a whim I checked into trade in value on my 2023 Rocket GT, I cant believe what I got back. On 2 different dealers I got 13,500 and 13, 800.
This is basically a brand new Triumph since it has been snowing since I got it and its still under 100 miles on it.
Basically what they are doing is taking the tax you paid on the trade in vehicle when you bought it, and applying them to to new vehicle, then they collect the tax again when they sell the trade vehicle, the govt comes out even either way.
Basically, its a scam. They make you think you are getting a big tax break, when in reallity they are just deducting it from the trade in value of your vehicle. Some people fall for any gimmick and think the got a deal, but nothing is free.