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      10-16-2008, 08:48 PM   #1
RRGOO7
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Drives: GTR
Join Date: Dec 2006
Location: Miami FL

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All you leasing guys help me out!!

Ive been talking to an out of state dealership about leasing an M3. I have never leased before as I usually buy so am not so familiar with the process. The dealer is telling me i have to pay tax on lease sale amount of the car which is 61k. I have a hard time believing this.

My understanding was that I pay tax on my down payment which is 5500 and tax on my monthly payments and that is it.

Can someone shed some light on this

Thanks alot
Appreciate 0