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    Selling Model X within 10 days after lease to avoid sales tax

    It is Revenue and Tax Code Section 6277. This is explained in a CDTFA publication with California gives to Motor Vehicle Dealers. It is tricky, but if you do it right you could save thousands in sales tax. But the ten days is firm, and there is a declaration you need to submit, and you cannot...
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    Tesla X lease buyout nightmare: Tesla finance ghosting customer after receiving buyout payment

    Here's an excerpt from California's revenue and tax code section 6277: " There shall be a presumption that a transfer of a vehicle to a lessee by a lessor, as defined in Section 372 of the Vehicle Code, was a sale for resale if the lessee transfers title and registration to a third party...
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    Tesla X lease buyout nightmare: Tesla finance ghosting customer after receiving buyout payment

    We have a similar experience so far. We bought out our Model X lease by wire transfer to Tesla, for the full amount ($66,500), which they acknowledged. They said that California takes 4-6 weeks to process the title. We are in the process of purchasing a MYP, which we thought would arrive in...