11-02-2018, 04:18 PM | #1 |
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Do I Pay Sales Tax in VA When Buying Out My Lease?
Hi everyone. For a variety of reasons, it looks like I will buy out my lease when it ends in 5 months. In Virginia, do I have to pay sales tax when I buy the car if I already paid sales tax in the initial lease? I did some searching, but found a variety of answers. Sent an email to BMW FS, but probably won't hear back for a few days. Just wondering if anyone from VA bought their lease out, and if so, did you have to pay sales tax again. Thanks.
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02-03-2019, 05:18 PM | #2 |
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02-03-2019, 07:21 PM | #3 |
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Yeah, figured it out. Thanks. Ended up terminating the lease and going with an X2.
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02-04-2019, 03:32 PM | #4 | ||
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Quote:
https://law.lis.virginia.gov/vacode/58.1-2403/ Quote:
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02-04-2019, 03:59 PM | #5 | |
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