Deal Check - BMW 330i xdrive $48k demo - 360/month, 1100 das (taxes only) (36/10) - MF issues

[AP919]

Come on, you know I wrote this up last year.

A transfer is considered a separate and distinct sale by NY, end of story.

Transfer Tax in NY

Sorry, I just saw this. Generally, you do have to pay the sales tax when assuming the lease. It’s partially because “sales” tax is commonly referred to as “sales and use tax” (and to make this less complicated, I will tell you that use tax is usually a separate item, but let’s not worry about that now) so you can think of it as a use tax on using the car. From one of the publications from the state: The following charges and fees associated with a long-term motor vehicle lease are also subje…