Yes, true again. I think we may have been on different pages lol. I was referring to the circumstance where Person is “trading in” a leased vehicle and purchasing/financing the newly acquired vehicle. In that instance, the trade value would not waive that portion of the sales tax for the new vehicle because the trade was leased. Person would have to buy the vehicle out first his/herself, then complete the trade. However, obviously nothing would be gained because sales tax would need to be collected for that buyout.
Gotcha, that makes a lot more sense.
This is what I have heard as well and thus trying to get clarity since we have an RX350 with just 5 months left to go. Therefore I am also interested to see if we could sell to third party ala Vroom or hold until lease termination.
I just sold my vehicle to a 3rd party dealer in fl without extra taxes about a month ago
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