Texas Lease Tax Transfer Equity Program

Ask the Hackrs
1

Hello All ,

I grounded a Texas leased Mercedes-Benz EQS through MBFS on April 29. I am looking for a new MBFS lease this month and want to confirm if a tax transfer is possible to get 0% sales tax on the new contract.

For those who have done this in Texas:

  1. Is this transfer possible and did the dealer process the 0% tax swap smoothly using standard Comptroller Form 130-U waiver codes?

  2. Did you need to provide anything other than your grounded vehicle’s VIN or previous MBFS account number?

  3. Did any dealers try to confuse this personal tax transfer with their own store-allocated lender tax credits?

Looking for recent Texas data points or experiences with MBFS to see if this is possible. Thanks!

2

I’ve literally never heard of that with a lease unless you were trading the car in and moving into a new lease immediately and generally only with the same lender if it’s a lease to lease.

I do know you can sell to dealer or do an in and out if you have a private buyer for your car where you can have a dealer hold the tax credit for a period of time.

Hopefully that helps?

3

So again have to pay sales tax on a fresh lease?

4

Indeed you do unless there’s lender tax credits available.