Today’s newsletter has been dedicated to presenting a very important issue facing all Maryland dealers and customers
VOTE NO to the Trade-In Difference Tax Credit Repeal
IT’S UNFAIR
The Trade-In Difference Repeal IS A Tax Increase
As you all know, the Maryland General Assembly is in session. Among many of the items covered is current Trade-In Difference law. This current law allows customers to only pay excise taxes on the difference between the value of their trade-in and the vehicle they are buying.
The General Assembly is proposing a repeal of this law.
That means no matter the value of a customers trade-in, they will always have to pay taxes on the full value of their new vehicle. This is double taxation, and likely to deter consumers from purchasing a new vehicle due to the drastic increase in taxes they will have to pay.
This repeal will affect your profits directly, and It is imperative we fight back together
IT’S UNFAIR
All Dealership Personnel AND Customers must send a letter to their legislators.
Here is how
QR Code
Download, print, and display our custom QR Code within your dealership. This gives anyone who scans access to a simple, user-friendly advocacy form that sends letters straight to the applicable legislators.
Save the PNG
IT’S DATA
Or download the PDF
FIGHT DOUBLE CAR TAX.pdf22.11 KB • PDF File
FIGHT DOUBLE CAR TAX (1).pdf22.52 KB • PDF File
FIGHT DOUBLE CAR TAX (2).pdf22.52 KB • PDF File
Share The Link
Use the link below to spread the word digitally. Include it in your email signature and share with past, potential, and future customers. The link goes to the same form on the MADA website that easily allows users to send letters to their legislators.