Out of state lease transfer from NV to TX

Ask the Hackrs
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1

Dear All,

This is my first post, I’m interested in a lease transfer however it’s a one payment BMW transfer from Nevada, I’m looking to bring that into Texas. Given there’s one year left on the lease how would the sales tax work on this, I’m not asking for tax guidance just advice on this.

Thanks, and apologies if I’ve posted it in the wrong group.

Cheers,
Aaron.

2

Officially you pay Use Tax of 6.25% of the value of the car - https://comptroller.texas.gov/taxes/motor-vehicle/sales-use.php
https://www.txdmv.gov/standard-presumptive-calculator

To confirm, just email your local county tax office. For example - https://www.tarrantcounty.com/en/tax/contact-us.html

BMWFS will help handle the paperwork. You go to the county tax office and pay tax and fees with registration forms.

3

Thanks Chris.