How's Porsche Financing? - Page 2 - 6SpeedOnline - Porsche Forum and Luxury Car Resource

Apr 28, 2011 | 10:45 PM

#16

SilverForumSurf

Registered User

Joined: Mar 2011

Posts: 29

From: LA

Rep Power: 17

SilverForumSurf is infamous around these parts

I think in some states you ahve to pay taxes on the full lease but may not have to pay additional taxes on the buyout. So essentially you buyout the car from Porsche, Porsche rebuys it from you as a trade-in.

In california you pay taxes on each lease payment, so there's nothing to "get back"

Quote:

Originally Posted by saeyedoc

No, I'm talking about a lease. Turning in and leasing the same brand, no tax.