I want to lease a car but, I plan on moving to another state. Is it possible take the car with me?
2007-11-30 03:42:47 · 11 answers · asked by Mic B 2 in Cars & Transportation ➔ Buying & Selling
yes
2007-11-30 03:44:56 · answer #1 · answered by Brad456 5 · 1⤊ 1⤋
Not if your lease company is a small local bank or finance company that doesn't have offices in the state you might move to. However, most large lease companies and banks do business in all states and have no problems with moving the car. However, you should check your lease contract or call the lease company to make sure.
Also expect your payment amount to change - up or down - if you are currently paying sales tax as part of your monthly payment. After you move, the sales tax rate will change to the rate in the new state.
2007-11-30 05:29:20 · answer #2 · answered by Anonymous · 0⤊ 0⤋
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Can you take a leased car out of state?
I want to lease a car but, I plan on moving to another state. Is it possible take the car with me?
2015-08-19 02:50:41 · answer #3 · answered by Jerrilyn 1 · 0⤊ 0⤋
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It's not a problem at all. You simply have to tell your bank where you garage the vehicle. Your lease will have a clause in it about how long you have to notify them in the even that you change addresses. As far as returning the car, since most leases these days are financed through manufacturers' in-house banks, you should be able to return it to any dealership. Call the bank when the end of the lease comes closer and ask them.
2016-04-03 23:22:40 · answer #4 · answered by Anonymous · 0⤊ 0⤋
In most cases, yes. You do need to contact your leasing company to let them know. Leases do have restrictions, so make sure you find out if your lease allows you to move out of state.
Another issue to note. Some state require you to pay all the taxes on leases upfront (ie New York). While others allow you to make the payments on a monthly basis. (ie most others states). So as long as you're not in NY or moving to NY. You shouldn't have to worry too much.
2007-11-30 03:51:48 · answer #5 · answered by ridewithgdotcom 5 · 1⤊ 1⤋
Yes. Leasing a car really is no different then a loan. Just once you have your new address update your information with the company that your lease is through.
2007-11-30 03:47:25 · answer #6 · answered by blackishbluemist 1 · 0⤊ 1⤋
I don't see why not...but read your contract.
so you can find out where you can return the car after you lease is up. You don't want to drive all the way back home just to return it
2007-11-30 03:47:31 · answer #7 · answered by CRR R 2 · 0⤊ 0⤋
you can take it anywhere, it is your car for any and all purposes, as long as you are current in payments.
2007-12-03 07:20:04 · answer #8 · answered by patrick b 2 · 1⤊ 0⤋
of course you can
2007-11-30 03:50:03 · answer #9 · answered by hsiangelxox 2 · 1⤊ 0⤋
absolutely.
2007-11-30 03:45:26 · answer #10 · answered by Haywood Jablomee 5 · 1⤊ 1⤋