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In this scenario "the trade in value" itself will pay off your outstanding debt of $5000, regardless of the "dealer incentive". The column should look like this:

Price, 20,000.00 New car Less 2,000.00 Discount Less 5,000.00 Dlr. Inctv. Less 5,000.00 Trade Value add 5,000.00 Money Owed add Aplicable Tax

Hope it is not too late :)

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10y ago

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