I am looking to have a lease transfer initiated on my GM vehicle. Both myself and the assuming party are being told that NY tax will be owed directly to GM upon transferring the lease. When I got my vehicle, the taxes were rolled in. Are the taxes still going to be owed by the assuming party?
If so, will the taxes be based on the sticker price of the vehicle? Or will it go based off of the remaining lease payments? Any and all information would be greatly appreciated.