Quote:
Originally Posted by trendy26
Once again, you're completely wrong....
If you sell your car to Carmax, AND it is a lease, the buyout to Carmax is less tax... So if your buyout today on BMWFinance.com is $50k with tax and $47K without tax, the payoff to Carmax if you sold it to them would be $47k. Not sure where your confusion is thinking that you would need to buyout the car first from BMW before selling it to Carmax.
(Obviously if you financed the car through BMW, you would have already paid the tax in that scenario)
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You have to pay sales tax to the state before they will issue you a title to transfer to Carmax.