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Old 12-22-2009, 08:03 AM
Runon MD1 Runon MD1 is offline
Runon MD1
Location: Rancho Santa Fe, CA
Join Date: Dec 2006
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Mein Auto: 335i Sedan
Lease tips

Originally Posted by Ågent99 View Post
I dunno if California allows you to pay it all up front but you only pay sale's tax on the time you rent the car...not the full value. If your lease payment is $500 and the sale's tax is 10%, you pay $550/month for your lease/tax. When the lease expires or you transfer the lease, you are done paying the sale's tax.

Sale's tax is county-dependent in California. The South Bay Area (Santa Clara County) currently pays 8.25%.
It's "sales," not "sale's." It's like nails (notice it's "nails," not "nail's")...Jeez!
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