Leasing in Maryland?

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Hello, I am also in search of any Maryland broker. My current lease will end in a month, if you find any MD broker, please let me know. Broker Discount2020 at NYC can ship BMWs to MD but I need to pay approx. $500 for transportation.

@eyehategod @Jayahn try @leasecompanion he’s in MD

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This thread makes me happy that i live in Florida :stuck_out_tongue_closed_eyes:

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Idk man, $899-$1099 dealer fees??? yuck.

Though I shouldn’t be talking…VA tax is no fun. You guys up in the north east have it so easy :unamused:

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Thats why we buy from MD and have it shipped to florida :joy:

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we also pay 5 cent for each bag we use at the grocery store :slight_smile:

Please clarify are you assuming a VA lease as a Maryland resident?

Also, this thread made me think of something for the LH suggestion box…we should compile a table that lists all taxes by state and relevant commentary (such as the items discussed here for states like VA, MD, TX, etc.) for a quick reference on the LH site.

I can start working on a draft unless anyone has a better idea? Would need to know where to send my draft after I’m done (not sure if I have necessary powers to post in FAQs, trusted Hackrs might need to weigh in here)

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Also in VA radar detectors are illegal! I wonder why?!?!?

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Dealer fees are not much lower in VA and will soon catch up with FL

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Even we have property taxes for leased vehicles. I learned this hard way, almost signed a great lease deal without knowing such thing. It turned out have to pay one for bank one for the county; stepped out deal crying.

If you live in Maryland, and lease a Virginia-registered car from Swapalease, you’ll pay the difference between Virginia’s sales tax (4.15%) and Maryland (6.00%). Maryland will charge you 1.85% upon registering the vehicle at the MVA. Basically, MD won’t cause a lease vehicle being transferred to be double-taxed, but they’ll make sure that at least 6% sales tax (on whole sales price) has been paid on any vehicle registered in MD.
In my own lease transfer experience, the Maryland MVA treated the lease transfer differently if coming from a state that taxes the depreciation (NJ, in my case) vs. Maryland itself, which taxes the full sales price. In my case, the NJ sales tax listed on the original sales document amounted to less than 3% of the purchase price (which makes sense, because NJ only taxes the depreciation). So Maryland charged me the other 3%.

If you live in VA and lease a car from Maryland, I don’t know the answer to that question. I highly doubt VA would offer any kind of tax rebate.

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