NJ sales tax on EV lease buy out

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1

Hello
I am planning to buy my leased hyundai ioniq ev, when I look at the hyundai website lease end quote it shows sales tax included in the purchase price.

I called the dealer and I was told that Sales tax exemption is only for new cars however when I look at the NJ taxation web site, it clearly indicates all new and used cars are exempt

NJ Division of Taxation - Sales Tax Exemption - Zero Emission Vehicle (ZEV) (state.nj.us)

I dont think I should be paying the sales tax but I dont know how to proceed.

did anyone purchase a lease end ev and paid sales tax in NJ?

Thank you

2

Why are You calling the dealer? You can buy this car directly from HYUNDAI Finance. Call HF and let us know what they say.

3

there is no sales tax on new or used EVs in NJ…that part is correct

@zenek is right, call HF

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4

be prepared to wait forever for HMF to release title. they’re notorious for sucking.

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5

I’ve already gone through this. You need to complete NJ Sales Tax Form ST-4 (Exempt Use Certificate) and send it to them.

I included all account info, VIN, etc… so there was no confusion.

Within a week, there was an updated quote to purchase online that no longer included NJ sales tax.

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6

I called them and they told me, they dont know the local sales tax laws and i should call the dealer

7

I am in the process of doing the same but Hyundai is charging taxes and says to take it with DMV. Could you explain step by step how to fight this?

8

As per @Dewey_Lima post above

I’ve already gone through this. You need to complete NJ Sales Tax Form ST-4 (Exempt Use Certificate) and send it to them.

I included all account info, VIN, etc… so there was no confusion.

Within a week, there was an updated quote to purchase online that no longer included NJ sales tax.