New Jersey Contract Ford Dealers
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FAQ
Yes. The value of a trade-in can be used to reduce the tax base if the execution of the contract for lease and the trade-in occur at the same time.
"Dealer plates may be used on a vehicle that is owned by the issued dealer and driven by an authorized driver, as long as the vehicle is not used for hire," she said. "The vehicle should also be properly insured, registered and (the driver must) be an authorized driver from the dealership."
You will not receive your official license plates right after purchase. Once all the payments and paperwork are taken care of, you'll receive a temporary license plate.
Ownership with the "NJ Sales Tax Satisfied" stamp for every sale, regardless of whether or not the sale is taxable. For leases, the dealer. will also stamp either the Manufacturer's Statement of Origin or the. Certificate of Ownership with the "NJ Sales Tax Satisfied Stamp;"
The laws on dealer plates vary significantly state-to-state. But in general, most states only allow dealer license plates to be used by an owner, officer, employee of the dealership, or by a customer that is test driving the car, according to the Automobile Dealer Training Association.
