Quote:
Originally Posted by MBBM5
Interesting. I don't have an exact answer yet. I did assume the lease, and the VA DMV said I would have a usage tax on the remaining payments when I registered the car. Although when I registered the car, they did not charge me the tax. It's possible the charge BMW FS and I will get charged for it. If that happens I'll update the thread.
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DMV won't charge you tax. Whichever county you live in will as property tax. You will need to check your county's website for how they do property taxes for vehicles and you'll get at tax bill once a year for however long you own the car.
You may need to report your purchase online to the county tax website and same goes when you sell it.