2019 Golf R Lease Review - NJ

[chrishs2000]

My mistake, you’re correct for NJ. Something is off by a lot.

New Jersey lease tax calculation

Sales tax in NJ is computed as follows… monthly base lease payments x term x sales tax rate. base payment = MF x (sell price + taxable fees capped in the lease - cap reductions + RV) + (sell price + taxable fees capped in the lease - cap reductions - RV) / Term MF = money factor RV = residual value sales tax = base Payment x term x sales tax rate