Hey all,
I’m in NJ with a GM Financial lease maturing in December. I’m in a modestly positive equity position and I’m looking to sell the car to my local Chevy dealer. My buyout quote from GMF is $29.3k but as I understand it, that includes sales tax, which makes sense as the residual is $27.5k.
My question is… if I’m selling directly to the dealer, would they be paying sales tax? Or would they get a different buyout quote from GMF than what I’m seeing?