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Daily Journal
     January 3, 2020      #51-3 KDJ
 

Scott Reeder: Car trade-in tax hike hardly

By Scott Reeder

SPRINGFIELD — Beginning New Year’s Day it became a lot more expensive for Illinoisans to trade in a car and this has auto dealers, particularly in border areas, bracing for lost business.

“Maybe a tax like this would make sense in someplace like Hawaii, where there aren’t any neighboring states. But for a state like Illinois in the middle of the country it makes no sense at all,” said Jamie Auffenberg, who owns auto dealerships in Belleville and O’Fallon.

Here’s how the new tax works.

By Scott Reeder

SPRINGFIELD — Beginning New Year’s Day it became a lot more expensive for Illinoisans to trade in a car and this has auto dealers, particularly in border areas, bracing for lost business.

“Maybe a tax like this would make sense in someplace like Hawaii, where there aren’t any neighboring states. But for a state like Illinois in the middle of the country it makes no sense at all,” said Jamie Auffenberg, who owns auto dealerships in Belleville and O’Fallon.

Here’s how the new tax works.

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