Still confused. Maybe it is a quirk of how my state handles titles .
Example -- I , Joe Schmoe walk into Audi dealer with a certified 2 party check for $100,000 dollars. I countersign the check which is drawn on ABC Financing Corp's account. I pick out an Audi A7 long wheelbase, lets say MSRP is $91000. I get taxed roughly $9000 on the purchase + cost of registration. Audi dealer accepts the check of $100,000 . I am listed as the registered owner on the title. ABC Financing Corp is listed as the legal owner. I drive the car away, off the lot, with a paper license plate to some destination . When the lien on the car has been satisfied; by me , or ABC Corp, or Santa Claus paying off the loan - - then ABC Corp notifies the State DMV that the lien has been satisfied. The state now sends me a title with Only my name on it, I Joe Schmoe, am listed as Both registered and Legal owner of the Audi A7. I Joe Schmoe can now do what i want with the car; keep it, donate it to my favorite charity, sell it to a homeless person for 50 cents...
OK, say I Joe Schmoe have signed a Contract with ABC Financing Corp , that i will turn the car over to them when the lien is satisfied. They "pay-off" their own loan. I am required to sell the car to them, which i do. The state then charges another, say $8000, this 2nd time in sales tax, as the DMV considers the car depreciated but not worthless, even if i claim to sell the car for 50 cents to ABC Financing Corp [ the luxury broker behind all this ] . The state gets paid taxes twice on the vehicle in the span of 2 months ?
edit to clarify