IS - 3rd Gen (2014-present) Discussion about the 2014+ model IS models

Ohio Sales Tax on a Lease

Thread Tools
 
Search this Thread
 
Old 09-10-15, 06:16 AM
  #1  
Paulf1
Rookie
Thread Starter
 
Paulf1's Avatar
 
Join Date: Aug 2015
Location: Ohio
Posts: 70
Likes: 0
Received 0 Likes on 0 Posts
Default Ohio Sales Tax on a Lease

In Ohio what am I paying sales tax(6.5) on? The 50k MSRP the 45k buying price?
I thought it was the total of the lease payments...example if the lease payments were $100.00 at 36 months it would be $3600.00 x .065 $234.00.
Old 09-10-15, 08:54 AM
  #2  
gmanusmc
Lexus Test Driver
 
gmanusmc's Avatar
 
Join Date: Jul 2009
Location: CA
Posts: 1,193
Received 23 Likes on 23 Posts
Default

Originally Posted by Paulf1
In Ohio what am I paying sales tax(6.5) on? The 50k MSRP the 45k buying price?
I thought it was the total of the lease payments...example if the lease payments were $100.00 at 36 months it would be $3600.00 x .065 $234.00.
Leaseguide.com states it is based on the sum of the lease payments. Is the dealer telling you something different?
Old 09-10-15, 12:39 PM
  #3  
Paulf1
Rookie
Thread Starter
 
Paulf1's Avatar
 
Join Date: Aug 2015
Location: Ohio
Posts: 70
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by bgaerttner
Leaseguide.com states it is based on the sum of the lease payments. Is the dealer telling you something different?
It was originally wrote up that way until I pointed it out lol.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
RyanC
Southeast
0
07-16-16 03:50 PM
mjr24
Car Chat
38
12-01-14 05:01 PM
Redcastle
IS - 3rd Gen (2014-present)
4
10-17-13 10:11 AM
Therealman
IS - 3rd Gen (2014-present)
11
07-06-13 07:07 PM
kobrapack9
IS - 2nd Gen (2006-2013)
2
10-13-06 07:52 AM



Quick Reply: Ohio Sales Tax on a Lease



All times are GMT -7. The time now is 04:16 AM.