Property Tax on BMW Lease Texas

[dfwguy]

Yes - There is a personal property tax on leased vehicles by county.
I had the same experience with both BMW and GM Financial leases

GM Financial - Lease Transfer - TX - Do i owe property tax?

Going through this process now, as GMF wants to assess me almost $2k of property taxes! First off, you do need the file the form mentioned above (50-285 Lessee’s Affidavit of Primary Non Income Producing Vehicle Use). The form itself has the address for GMF on it, or you can email it to propertytax@gmfinancial.com. Once GMF has processed it, you should be all clear for property tax – unless you live in one of the cities mentioned that sought an exemption to the property tax exemption. The Lin…