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#1
08-11-2008, 02:06 PM
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Lease buy-out, sell to Carmax?
My buy out is $1K less than NADA trade-in and $4K less than NADA private party. If Carmax or whoever will pay me more than my buy-out can I make money, or will I have to pay tax on the sale only to sell the car to Carmax the next day and lose money?
In other words, do I have to pay tax title and doc fees on a car that I am immediately selling? 
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