What is the CCA Class for a Passenger Vehicle that "cost me less than $30,000" is it class 10 or 10.1?

In 2014, I traded in a passenger vehicle that I had been claiming CCA Class 10.1 on a new passenger vehicle. The net price to me after the trade in was less than $30,000. Would the new car be claimed as Class 10 or 10.1? The definition on CRA site, is a little confusing because the cost of the new car was more than $30,000 but after trade in, it cost me less than $30,000.

Here is where I am looking at CRA: http://www.cra-arc.gc.ca/E/pub/tg/t4044/t4044-e.html#P619_45147


Answer

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Hi there,

Any vehicle costing less than $30,000 belongs to class 10.
Any vehicle costing over $30,000 belongs to class 10.1.

If you disposed of your vehicle in class 10.1, you should fill out the correct information pertaining to the disposition (only one item can go into class 10.1). A vehicle acquired costing your less than $30,000 will belong to class 10, regardless of whether you used a trade-in vehicle to pay for it. 

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