Year, Make, Model, and Trim: 2019 Toyota Highlander SE AWD (Black/Black Night Shade Edition)
Location: Long Island, NY
Monthly payment (pre-tax): $374.88
Effective monthly payment (Tax and Fees included if in Nassau County, NY): $441.56
Current mileage: ~12,000
Maturity mileage: 36,056
Effective miles per month: 2,000
Maturity date: April 24th, 2022
MSD due (if any): NA
Cash due (if any): NA
Incentive for new lessee (if any): NA
Financial institution: Toyota Financial Services
Transfer fee: $200 (paid by seller)
Out-of-state transfer allowed (yes/no): Yes
Vehicle condition (accidents, tire wear, etc.), options, and other details: Vehicle is in excellent condition, haven’t used much since we got another one last year. The color looks great with the Black Night shade edition and the wheels blacked out and comes with all weather mats. The car was recently serviced so no service needed until next year.
@mayanknawal You need to update your title and ad. Taxes are due upfront in NY, even if you rolled it into your monthly payment. If you currently pay $441/mo, that’s the lowest any transferee will pay. Most likely, it will be $441/mo + tax again.
Thanks, updated the information. Yes, everything was rolled in with only first month due at signing.
Do you think, if the transferee is from some other county/ state with different tax rates, the monthly payment will change based on the transfer location? If transferred in the same county with the same tax rate, and if they chose to roll in the payments, it may remain the same, not sure.