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