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Leasing Property Tax question

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Old 10-24-2001, 11:14 AM
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Default Leasing Property Tax question

As a new leasee, I have a few quick questions...

Does anyone have a link to states that charge leasees property tax on their cars? I recently moved to Texas from Missouri, and received a large property tax bill from the kind folks at the MO dept of revenue, which I believe was sent in error. Anyone have any insight as to the Property tax rules?

Thanks in advance.
Old 10-24-2001, 11:35 AM
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Default Just happened to a guy at our shop today.....>>>

He got a very nice letter from BMW financial along with a copy of his pers. prop. tax bill. Bill was forwarded to them and they paid it, then sent him a bill for the amount. Basically they said that it was his responsibility and that he had agreed to that in the terms of the lease. I would assume most lease companies work the same way and pass those tax bills along even though (technically) the lease co. is the owner of the car. Read your fine print, it's probably there.
Old 10-24-2001, 12:08 PM
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That's the way it works in VA also. The leasing company pays the bill and then bills the leasee.
Old 10-24-2001, 12:17 PM
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Default Same. Audi gets my property tax bill because I am leasing and forwards. Here's a booklet

from the State Tax Commission of Missouri
on how property taxes are determined. Guess you were lucky in Texas.<ul><li><a href="http://dor.state.mo.us/stc/property%20tax%20in%20missouri.htm">State Tax Commission of Missouri</a></li></ul>
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