I'm in Canada, and I'm new to lincoln. Looking for advice regarding the value of keeping vs trading an MKZ.
I just bought a used 2015 MKZ FWD base with 18,000 km (11,184 miles) through a private sale for $21,000 ($16,577 USD). Rides really great, and I love it. Because of buying private, have not paid tax. I will have to pay 6% PST when I register it, which I have about a week to do (at which point temporary insurance and registration run out and it needs a permanent plate).
I have the option to trade it before then (and avoid paying the tax), for a used 2017 with 10,000 km (6213 miles) that I like quite a bit better at a dealer (reserve, driver package, luxury package, multi contour seats, 3.0T, AWD, apple car-play, new front end etc etc) but which is also quite a bit more expensive at around $48,000 ($37,902 USD) + 11% tax (pay more tax when buying through dealer vs private). This vehicle was MSRP $67,000 ($52,928 USD) when new. I don't know yet how much they will credit me for the 2015.
I'm looking at the value proposition. On the one hand, if I make the trade now vs wait for other used 2017's later, I can avoid paying tax twice (would be about $1000 to permanently plate the 2015), and I can probably get significantly more for the 2015 than I paid, judging by current comparable listings. On the other, I suspect that in 6 to 9 months, a 2017 3.0T might be significantly cheaper than today, probably a lot more than the $1000 tax I would save today, and there will be far more available (lease returns etc). However, I think it might be hard to find another used 3.0T with as many options as the one I'm considering now.
What do you guys think?