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2006-07-10 11:15:43 · 7 answers · asked by Richard K 1 in Cars & Transportation Buying & Selling

7 answers

yep

2006-07-10 11:17:57 · answer #1 · answered by Anonymous · 0 0

Yes, you will pay tax but only on a "portion of the car".

The easy way to understand this:

Since leasing is like paying for part of the whole car, you will only be responsible for part of the sales tax which is due monthly during the lease term.

If you decide to sell or get-out-of your lease early, you don't owe anything. Unlike if you were the "owner" of the car, you will loose all tax money when you sell it.

2006-07-10 13:04:19 · answer #2 · answered by autosbargain 2 · 0 0

in case your credit is that solid, why may takeover a employ once you will get a better physically powerful deal on a sparkling one? to respond to your question, if you're assuming the motor vehicle,sure you pays taxes,both through funds on the employ,or, bulk up the front. once you attain the accurate of your employ, you could ought to pay tax at some thing of the motor vehicle.

2016-12-01 00:42:23 · answer #3 · answered by Anonymous · 0 0

You pay taxes on lease or purchase.

2006-07-10 11:18:32 · answer #4 · answered by Belarus94 3 · 0 0

yes

2006-07-10 11:18:40 · answer #5 · answered by quikboy 7 · 0 0

Yes, most definitely!!!

2006-07-10 11:18:42 · answer #6 · answered by wizardmenlopark 2 · 0 0

Yep! Sure do!

2006-07-10 12:08:30 · answer #7 · answered by Bostonian In MO 7 · 0 0

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