Lease buyout residual value

[HersheySweet]

I believe you’re wrong, but I dont deal with Texas Texas as much as some other people.

Taxes with a lease transfer in Texas - how does it work?

Texas state laws consider the sale of a vehicle by a lease company at lease-end to be a separate sale, although a special one, and the lessee is not charged sales tax again if the correct amount of tax was paid originally at the beginning of the lease. https://texreg.sos.state.tx.us/public/readtac$ext.TacPage?sl=R&app=9&p_dir=&p_rloc=&p_tloc=&p_ploc=&pg=1&p_tac=&ti=34&pt=1&ch=3&rl=70 What this means is, if the current lessee has paid Sales Taxes for the full purchase price of the car or he has…