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      12-07-2012, 03:50 PM   #8

Drives: '11 X6 35i VR/Oyster
Join Date: Jul 2010
Location: Syracuse, NY

Posts: 85
iTrader: (0)

Originally Posted by gehmjc21

Hi Kg....I've never done this before and didn't know that. Are you sure that they have to pay taxes? I thought it was just a lease transfer?

It's nice to see some else from Syracuse on here though!
Not sure about other states, but in NY, you have to pay upfront sales tax (8% here ) on the total of all remaining lease payments when you register the car.