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scoutnv
Level 2

How do I record PURCHASE of auto lease-end buyout sold to me as a USED car (expense included used car purchase price, CA State sales tax all related CA DMV Fees) ?

I then traded-In my “used vehicle” to a different auto manufacturer’s CA Auto Dealership where a portion of trade-in value was used as down payment towards purchase price of a NEW vehicle, financed remaining balance due on new vehicle, and will be receiving a check payable to me from Auto Dealership for the unused portion or remaining balance of used car trade-in Value?

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