Yes the purchase price includes the expenses of sale and your cost/basis for the car is $13,000.00.
The trade in value would be considered the sales price of the business vehicle given up to acquire the new vehicle. The difference between that value and the cost of the vehicle, less depreciation, will be the gain or loss that you would recognize on your tax return for the disposition of the vehicle.
You report the sale under the Invetment section of the return. Go to Federal, Wages and Income then scroll down to Investment then click start and follow the prompts.
When you sell a car for more than it is worth, you do have to pay taxes. Selling a car for more than you have invested in it is considered a capital gain. Thus, you have to pay capital gains tax on this transaction.
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