My friend's lease is coming to an end and fortunately for me he lives in Michigan, which hates Teslas so he's not planning to keep it. He still loves the car and wants to see it stay with his friends, family though (lucky me).
Anyways the lease residual on his car is a screaming deal, but if he takes it, and then i buy the car from him would we end up with double taxation? (sales tax in MI is 6%)
Or does the weird nature of the early leases mean that he doesn't have to pay sales tax?
Anyways the lease residual on his car is a screaming deal, but if he takes it, and then i buy the car from him would we end up with double taxation? (sales tax in MI is 6%)
Or does the weird nature of the early leases mean that he doesn't have to pay sales tax?