Leasing Software

My lease is up. I need to buy the car because it would be too expensive to pay for mileage overages and plan to re-sell same-month. Do I need to pay CA sales-tax for that brief ownership (when the new buyer will need to pay it again)?

sources for your answer are much appreciated.

I am negotiating to buy a new Lexus. I’m in Northern California.

The dealer charges $700 “leasing origination fee”. I think some place refers to this fee as an “acquisition” fee. The problem is that I’m not going to a different leasing company. I’m getting the lease thru Lexus Financial.

BTW, the dealer is willing to offer the car to me at $1000 below dealer invoice.

According to the link below, it seems to me that I’m getting charged $700 extra. What do you think?

http://www.automotive.com/auto-loans/36/loan-tips/car-leasing-faqs.html

The Undisclosed Acquisition Fee

An acquisition fee is required by most leasing companies in order to open a lease. This fee, also known as a lease origination fee, is usually around $450, but can be as high as $700. Originally this fee was invented by the dealers, who would claim the car leasing company charged the fee. The dealer would then pocket the fee. But the leasing companies caught on, and began charging the acquisition fee on their own. The dealers are trained to integrate the acquisition fee into the lease in order to let it go unnoticed. To avoid this, always ask for everything, every single dollar on your lease agreement, to be itemized and explained clearly. This way you can save yourself from paying these or other hidden costs.

GM lease and leased another GM car under a smart lease not a smart buy. Can I qualify for a refund of the sales tax paid on the smart buy and if so which forms would I need to complete? I live in New York State.

Northern ireland car leasing

We are interested in starting a commercial vehicle and equipment leasing company and need to know how we go about it.

Hello guys,

I recently purchased a Lexus IS 250 on March 2, 2009. I signed the lease agreement and my first payment for the car was about 486 a month. The lease agreement was that the car payments would be 486 a month including all the taxes and fees. I recently got a letter that the tax for my area has changed from 8.25% -> 8.75% and now my payments will reflect that and be 494 a month.

My question was that if Lexus financial are allowed to change the lease agreement price because I agreed to pay 486 and signed into a lease contract.

Pennyslvania = 9% Sales Tax, Florida = 7% Sales Tax, how does this effect my lease payment, will it go lower since taxes are lower? Will I have to pay it all out cash when I move to florida?

Example would be if I traded the lease car in, and treated the residual as a payoff, can I then be limited to taxes only on the difference or additional price of the two? I have a lease to rtrn, valued at 25K$, and a new purchase planned for 40K$, what am I taxed on?, the 15K$ difference if the lease rtrn is treated as a tradein?, or can I get out of the lease, by selling it or turning it in, and somehow still avoid the tax costs of the entire new vehicle, as in get to offset the taxes by the value of the 25K$car? Reside in FLA.
Also, is it true that no tax is assessed on such purchases in Arizona?, person to person I mean? If so, how can I buy there, take it home to FLA, register and drive it?, more to the point, what would the tax scenario be when registering it in FLA.?

I live in NJ which has high auto lease taxes, if I buy a car in another state would I take advantage of lower tax rates or is it based on where you live?

Car includes - Premium, Sports, Shift Paddles, Bluetooth, IPOD, heated seats, and Navi.
I am located in Southern California.