Join Date: Nov 2018
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You will definitely get more by selling outright, but, you need to determine how much ($10k is a big nut and worth it to sell on your own).
In Florida at least, you don't pay sales tax on your trade value. When I bought my 19, I traded a 2016 F150 platinum. I figured I could sell it for $38-39k... most dealers were giving me around $32-33k trade, so, I started looking at selling. I found a dealer that offered me $35k for it and took it. With the taxes, if I had sold it outright and brought the proceeds as cash to the deal, I would have paid and extra $2,100 in taxes, so, the effective trade value was $37,100. For the unknown and having to time the sale and buy pretty close or needing to rent a car for the delta, it was worth it to me to trade.
These trucks are a bit different than an F150 which are a dime a dozen on the resale market, but, it's something to think about if you get closer to your target value and your state has the same trade/tax rules.