Buyout Lease in Delaware? No Sales Tax? Thoughts?

StSBossStSBoss Member Posts: 2
edited March 21 in Toyota
Hi. I have a Rav4 lease that I intend to buyout. I live in NJ and got the lease in NJ. Could I save money if I buyout the lease at a dealer in Delaware? Any details I should watch out for when buying out a lease in another state?

Thanks for any help.

Comments

  • kyfdxkyfdx Moderator Posts: 187,728
    StSBoss said:

    Hi. I have a Rav4 lease that I intend to buyout. I live in NJ and got the lease in NJ. Could I save money if I buyout the lease at a dealer in Delaware? Any details I should watch out for when buying out a lease in another state?

    Thanks for any help.

    You'll have to pay sales tax wherever the car will be registered. The location of the dealership has no effect.

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