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12-19-2017, 09:04 AM | #1 |
Lieutenant
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Selling leased car in CA out of state
Hi,
Trying to sell leased car(BMW Fin) to out of state. According to BMW i can not transfer title to new owner if he pays the car off. Only i can get title and then sign title to him. Do I have to pay tax? trying to avoid double tax here. Thank you for your help |
12-19-2017, 09:22 AM | #2 |
Major General
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Easiest option for all involved is to transfer lease and let new person buy out from there. Second best is have a friendly dealer do a pass through deal for you.
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