Car Lease take over Master Thread

[myi]

Call Lakewood Auto Sales.

They will "buy" the vehicle and "sell" it to you for a nominal fee.

Avoids paying tax twice.

Probably your best bet.

  Only issue is here, the leasing company/Hyundai doesn't allow 3rd party buy outs.

[a-mo]

  Only issue is here, the leasing company/Hyundai doesn't allow 3rd party buy outs.

That generally does not apply to a car dealer

[yeshivabucher]

That generally does not apply to a Hyundai dealer

Ftfy

[Richie10]

Put yourself as a co owner with him when you're registering the car

[Realshlomo]

  Only issue is here, the leasing company/Hyundai doesn't allow 3rd party buy outs.

Call him anyways. They work with dealers that can buy cars out. I know they were able to buy leases if you wanted to sell. Idk if he would be willing to do this, but worth asking.

[myi]

Call him anyways. They work with dealers that can buy cars out. I know they were able to buy leases if you wanted to sell. Idk if he would be willing to do this, but worth asking.

Like you said it's worth a call.
 I was thinking I may be better off calling a frum place where you get plates and registration done, and see what they recommend.
 As I heard today from someone, what they did was...they left the title in the name of the original owner, and just swapped the registration and insurance to the new owner(a sibling).
 As this is what that place recommended for them to do.

 So it seems the best option would be to either gift it, co owner(though i'm not exactly how thats done.)or this last way mentioned above.

[myi]

Put yourself as a co owner with him when you're registering the car

@Richie10 Assuming there's no need to have myself on the title as a co owner, though not sure if that's even possible being that they dont allow 3rd p buyouts.

[myi]

Thanks guys, seems the best way to avoid taxes is by gifting it from one to another, i'll even have him write me up a letter to be safe when at the mvc.
   Though curious if anyone is familiar with adding a co owner or retaining the statues as the original owner.
 see here below. Thanks guys.

 https://forums.dansdeals.com/index.php?topic=1683.msg2677971#msg2677971