Hi all, question on BMW lease-
My two prior leases (both Hyundai)- I do not recall having to pay a property tax.
My recent bill I see a “property tax” of 281.87. Is this normal?
I tried googling around and the only thing I see is leased vehicles in Texas are not subject to property taxes unless they are used primarily to generate income.
Pardon on the elementary questioning 
Yes, some counties in TX require you to pay a personal property tax on leased vehicles. My county does. When you leased your vehicle, you should have signed a document stating that your vehicle was for personal use and not commercial use. That lowers the personal property tax. (Assuming you leased it from a TX dealer, if not you have to file that form on your own) The figure you’re quoting seems in line to what I pay.
yes personal use, tx dealer. I called bmw finance and they see I signed a document for tax liability. ofc i would remember of the 10 different sheets i signed ><
you should google more.
This exempt only applies to school and county tax. You should pay property tax on city tax, unless your city voluntarily excludes itself.
What did you sign? I got hit with this on NMAC (biz registration) and they said I need to contest with the county assessor to get the $ removed off the statement
If you’re in TX some counties asses a personal property tax on vehicles. My county does.
No county could. Only city could.
That may be the case…bottom line, where I live in TX there is personal property tax on leased vehicles.
Yes - There is a personal property tax on leased vehicles by county.
I had the same experience with both BMW and GM Financial leases
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