Buyout Lease in Delaware? No Sales Tax? Thoughts?

StSBoss

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.

kyfdx

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.