Questions RE Assuming a Lease

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consultant1027
Posts: 65
Joined: Tue May 18, 2010 8:51 pm

Post

I'm wondering a few things regarding transfer of a lease from an owner in another state.

Do you know approximately what the owner's penalty cost will be turning in the car early? I'm guessing it was around a 3-year lease and there are 27 months left on it. Purchase price is probably around 38-39K is my guess (X with Premium and Sport).

I called Infiniti to try to find out how they handle the sales tax. The tax has already been paid in the owners state. They said I would pay a monthly sales tax payment in addition to the lease payment. I'm in Washington. I think the guy said the tax payment would be caculated on the original price of the car? But I'm still not sure on how the calculation would be done. My best guess is that tax is calculated on the principal amount of the lease payment as paying full tax on the original purchase price would be ridiculous as I would have to pay sales tax on the residual if I bought the car at the end of the lease.


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