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Right, my initial statement applies: it's not "just $11k", it's a lot more.


How I read it, the deal could have been something like $5k (+$2k) for the trade-in car and $10k in cash. Later there is a $4k used EV tax rebate.

In this situation the cost works out to something like

5k + 10k - 4k = 11k




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