[garylamusa]

My friend wants someone to takeover his lease and in NYS the new lease buyer has to pay tax again (double taxation). How does he claim the tax refund on the period that he does not use?

Your insight is highly appreciated.

[b0bab0i]

Tax for leases are counted by monthly payments if I remember correctly, not on the full tax of the vehicle.

[garylamusa]

My friend has a 3 years lease and paid full (36mth) tax upfront. NYS required tax upfront.

He wants to transfer lease after 1 year. How does he get the 24 months tax refund from NYS?

[aas5]

I would be surprised you can claim a refund. If you sell a car in a year after you buy it, you won't be able to get taxes back.

[IEDEI]

Originally Posted by aas5

I would be surprised you can claim a refund. If you sell a car in a year after you buy it, you won't be able to get taxes back.

this^

NYS is really messed up when it comes to taxes and I'd be very surprised if they refund or credit him anything. He should call Albany directly and ask the DMV.