There will be a lot of trade-ins taking place in Wisconsin. Plus Iowa, Missouri, Kentucky and Indiana.
Yeah. I’m in KY. My relatives are in Illinois.
The $10,000 thing is interesting, though. It reminds me of the AMT (adjusted minimum tax) It is based on a dollar amount. Unfortunately that dollar amount in 2019 dollars is puny compared to what it was when the AMT was started.
Fortunately for me, though I always buy my cars new, when I trade them in they’ve been rode hard and put away wet. Every single car I’ve traded in was for $500.
They will catch the tax when one returns to IL. and register the vehicle.