Quote:
Originally Posted by dbonebre
Maryland is similar - tax on the sale price irregardless if is a lease or outright purchase. Fortunately, the entire sales tax paid on one vehicle can be passed onto another vehicle in a direct transaction i.e. if you lease a 100k car, Maryland rolls in 6% (6000) into the lease payments; however, there is essentially $6000 in sales tax equity which can be fully realized if turned in and applied towards another lease of 100k or greater (lesser if the new vehicle is below the sales price of the prior vehicle). The subsequent vehicle would not have any sales tax. Maryland has allowed this for the past several years.
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wow that even worse. at least California you only pay sales tax on each monthly payment