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Sales Tax when Buying Out a Lease
I looked at a payoff quote on my lease from BMWFS. I'm a little over half way through a 36 month lease. The payoff quote shows no sales tax. I'm trying to figure out if buying the car out equates to a refinance, hence no sales tax, or if I would be responsible to pay it on my own.
Salesman doesn't seem to know. BMWFS won't commit....
Does anyone have any experience with this?
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2014 Porsche Cayman S
2013 E82 135is DCT (SOLD)
2011 E92 M3 (SOLD) 6MT
2011 E82 128i STEP (wife's car)
2007 E92 335i (SOLD) 6MT
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