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      04-06-2015, 06:36 PM   #129
MatthewDavid
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Drives: 2015 F82 M4 BSM/CCBs
Join Date: Oct 2008
Location: San Francisco, CA

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Garage List
2015 F82 M4  [0.00]
2012 E92 M3 ZCP  [0.00]
2008 E92 M3  [4.50]
In California, tax is applied to the base payment + interest payment. The base payment is the depreciation. You should download Leasematic (again I'm not affiliated, just think it's an awesome app).


Quote:
Originally Posted by MFNATIK View Post
For CA, do we pay taxes on the depreciation? Or is it the total purchase price?