I sold my Honda lease to CarMax almost two weeks ago and my HFS account finally updated to reflect it.
The payoff amount Honda gave CarMax is equals out to the payoff (18,718.xx) plus $350 disposition fee, and the $31.50 tax assessment shown below.
My question, what is the is the top line “Tax Assessed $337.28”
My account doesn’t show that I owe anything at this, is this something I’ll get a new statement for, or is this something CarMax has to pay to Honda. If I do owe it, I’d like to pay it before I forget about it.
I think I figured it out. I believe the number reflects the unpaid tax on the remaining part of the lease. The way I look at it I shouldn’t be on the hook for it since I’m no longer leasing the vehicle and it was sold to a dealer.
Oh I agree that I owe it and I’m not going to even try arguing it with Honda.
But I do shake my head at the idea of paying a disposition fee when the car isn’t going back to a (Honda) dealer. At that point it’s just a way for the bank to make a few extra bucks……hard to believe I know lol.
How does VW deal w 3rd party buyouts do they charge more? My payoff is 16,300 and was offered 20,402 from vroom. If I have to pay the tax and than sell I will if I have to