I am currently scheduled to turn in my 2000 BMW Z3 in December 2002 and I am thinking about leasing a New 2002 Audi TT. In Missouri, The owner of a motor vehicle on January 1 of each year is subject to pay the personal propoerty tax on the vehicle for the entire year. Accordingly, I will be subject to pay the personal property tax on the Z3 when the tax is due in December.
If I lease the new Audi TT, Can I be certain that the leasing company won't be subject to this property tax in 2002 and pass this cost to me for payment? I'd hate to get the double whammy!