Date registered: Jan 2011
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third-party lease buyout for NY/NJ
Would like to know how the buyout works for Mercedes Benz Financial services. My lease is going to end in about 60 days. a friend wants to buyout the car, we would like to avoid the double tax. Where i have to make the buyout, then change the title to his name afterwards which will make him having to pay double tax. He is a resident of NJ. I am in NY. I also have a friend who is from NY who is interested.
does anyone know if MB-financial services will allow a straight third-party buyout on a lease?