09-01-2015, 09:42 AM | #1 |
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Question About My Lease Situation
I am having trouble finding the answers to the questions I have about my lease situation. Specifically, should I be charged taxes on my monthly payments?
To give a bit of a background, I recently moved to New Hampshire from Massachusetts. I timed my order for my car so that by the time the car arrives, I will have already moved to New Hampshire. My question is, since I purchased the car in Massachusetts, but had it registered to New Hampshire and even took delivery in New Hampshire (dealer delivered it) should I be charged a monthly tax for my lease? Originally, I was under the assumption that I wouldn't have to pay this tax is I registered it in New Hampshire. |
09-01-2015, 08:11 PM | #2 |
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Drives: 2016 M235xi
Join Date: Sep 2012
Location: NH
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No, if you register it in New Hampshire there are no taxes (sales, excise) that should be added to your lease payment. You will pay a registration FEE when you register the vehicle at your local town hall or DMV office but this is never a part of the lease or financing, its paid in full for the year when you get your permanent plates.
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09-02-2015, 07:53 AM | #4 |
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09-02-2015, 07:54 AM | #5 | |
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