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      03-01-2014, 10:55 AM   #22
M Fanatic
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Drives: An ///M
Join Date: Feb 2014
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Quote:
Originally Posted by Kief View Post
No problem
But you guys in states that require you to pay the entire tax on a lease is ridiculous! So would you be "double taxed" on the residual if you decided to buy the car after the lease?
That's not true at all. In NJ, we pay tax on the MSRP - Residual, which is a lot less than paying tax on the full price. This is one of the reasons why I lease my cars.
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