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House extends dealership trade-in tax benefit to private vehicle sales
3544814 · February 21, 2025
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Summary
First substitute HB293 allows private sellers to claim the same sales-tax offset that buyers get at dealerships when they replace a vehicle within 30 days; sponsors said it levels the playing field and the House passed it.
First substitute House Bill 293, approved by the Utah House on Feb. 20, would allow private sellers of vehicles to receive a sales-tax offset comparable to trade-in treatment at dealerships when they purchase a replacement vehicle within 30 days.
Representative Jordan Tuscher, sponsor, said the statute aligns tax treatment…
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