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Auto Leasing Message Forum • View topic - Moving from AZ to IL - Tax change?
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morepower4me
 Post subject: Moving from AZ to IL - Tax change?
PostPosted: Thu Aug 28, 2008 12:10 am 
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Joined: Wed Mar 26, 2008 4:51 pm
Posts: 4
Hello All,

I have an existing lease on a Honda (about a year old) and plan on leasing a new vehilcle before I move to IL in the next month.

When I purchase the new car (and the older one as well) the payment was calculated using the AZ rate. When we move, will the IL tax be adjusted into the monthly payment?

Should I lease in AZ before moving to IL (and then leasing)

Thanks guys!
 
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Tarry Shebesta
 Post subject: Re: Moving from AZ to IL - Tax change?
PostPosted: Fri Aug 29, 2008 6:06 pm 
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Joined: Thu May 24, 2001 8:00 pm
Posts: 3478
Location: Cincinnati, OH
Adjustments will be made by the IL tax department and passed on to your leasing company who will then adjust your payment accordingly.

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-Tarry Shebesta, OCLC
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