No Script Swapalease.com Worlds Largest Lease Marketplace

Taxes

Your taxes are figured differently based on which region of the country you are in. Some states choose to calculate your taxes based on the overall cost of your vehicle while others only tax the portion of your vehicle that you are leasing (the entire amount of depreciation).

Taxes are most often paid on a month-to-month basis and rolled into your payment to make them easier to pay. Because every state is different it is best to contact a local dealer or your Department of Motor Vehicles to determine how taxes are calculated in your area.

Back to Which Terms Do I need to be Familiar With