So Apple is offering $525 trade in value for my X 256. But I heard if I turn the phone in it subtracts from the total price so you are effectively paying 40-50 less in sals tax. i.e. new phone is 1250 -525= $725 so you are saving 40-50 in sales tax. Is that true or do you still owe the full tax?
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iPhone X Question on turning in X for $525 - Do you escape Sales tax on new phone?
- Thread starter gadgetfreaky
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Why would they subsidize the tax payable on a new device? You should just assume that any taxes on the sale of your phone back to Apple is included in the $525 price.
someone was saying if you buy full price - you pay tax only on the net price vs if you do the 1up program you still pay full tax just smaller payments.
Both statements are completely false. IUP you pay full tax up front. Tax is not factored into the monthly payment.
Paying for the phone in full or in monthly payments, you always pay the tax for the full price of the phone upfront.
Correct. I didn’t say anything contrary to that. I was addressing the IUP point in my response to the OP.
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