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Old 12-14-2007, 09:00 PM
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Join Date: Dec 2007
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HRhotrod is on a distinguished road
Default tax on auto lease end buyout

I am buying the car at lease end, that my former employer leased for me.

I paid the car manufacturer directly the residual value and they cashed the check. I have the canceled check images.

Now, I learn that they will issue the title in the lessee's name (my former employer) - they are stubborn about this point.

Here is the kicker -- I am seeing assertions that I may have to pay California sales tax TWICE -- once for titling over to the former employer, and again for titling over to me!

HELP! Where can I find the facts on lease-end buyout procedure?

HR

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