Love the car, definitely a league above regular M3. However, want to try something else now and can’t keep this one, unfortunately.
Transferring my Alpine White M3 CS.
$0 down $0 security deposit, just pay $500 BMW transfer fee
Payment: $829.74 tax included
Payments left: 18
Miles left: ~15,800 out of 20,000 (~831 miles per month)
Located in Cleveland, Ohio.
Note: if you’re not from Ohio, you may or may not pay additional tax. It depends on your state. I know most states do not recognize tax paid to another state so you’ll have to pay again. However, for example, NJ does recognize tax paid to another state so you won’t have to pay any. Obviously if you’re from Ohio you won’t have to pay any as well.
if you’re from CA, you will have to pay additional tax on top of $829.74
if you’re from NJ, your payment will stay at $829.74 because NJ
recognizes the tax paid to other states
if you’re from TN, your payment will stay at $829.74 because TN recognizes the tax paid to other states
these are great cars … I have one and it is a blast to drive and actually is softer to drive than M3 Competition which is a plus as people including myself assumed the opposite because it is more track focused … the power delivery is great
also lease transfer with BMW is fairly easy
I think 99% of the states don’t recognize tax paid to be honest, that’s the only part of these lease transfers that hurts. but then again you can’t get this car for that monthly anymore so
if you transfer from a state that does taxes on monthly like nj to Texas you would pay full taxes or something along the lines of that.
if you transfer from nj to a state like delaware which charges taxes on monthly and on sales price you pay a transfer fee equivalent to 4.25% and your monthly payment goes up via usage tax.
On monthly tax states you have base payment and your monthly payment goes up or down depending on if the new state has a higher or lower tax on monthly.
I only have experience going from nj to de and nj to pa. There’s different rules for every state so depends on your state really.
Ok so a vast majority of states charge tax on the monthly payment. If you transfer from one of those states to another with the same tax rules there will not be an issue. Correct?
yes, I have heard some states charge transfer fees so just call the DMV and ask but yeah shouldn’t change too drastically,just thank god ur not in Texas or de where they bend you over.