Lease.. Moving to a new state?

335I talian Stallion NJ · 03-16-2008, 05:58 PM

Hey everyone, I am thinking of leasing an e90 but will probably be moving out of state before the lease is over. Is it possible to take the car to the new state? Do I have to pay tax all over again to register the car?

montreal red · 03-16-2008, 06:27 PM

why not take the car to the new state and use the old plates until the lease runs out? that is what my neighbour is doing now.. he's from ontario but he goes to school here in montreal. he leased a car from ontario and brought it here... the car has been here for the last 2 years... he gets all his servicing/maintenance done here.

!Xoible · 03-16-2008, 06:28 PM

Quote:

Originally Posted by 335I talian Stallion NJ

Hey everyone, I am thinking of leasing an e90 but will probably be moving out of state before the lease is over. Is it possible to take the car to the new state? Do I have to pay tax all over again to register the car?

u only pay tax on monthly payment regardless which state you're in. You never paid tax up front, nor will you pay it again. you have to register the car in the new state, i think within 6 months or something, depending on the state

!Xoible · 03-16-2008, 06:29 PM

Quote:

Originally Posted by montreal jet black

why not take the car to the new state and use the old plates until the lease runs out? that is what my neighbour is doing now.. he's from ontario but he goes to school here in montreal. he leased a car from ontario and brought it here... the car has been here for the last 2 years... he gets all his servicing/maintenance done here.

cannot do that in the US. he can get pulled over and they'll tell him to get registered, and if the're really nice they'll give him awarning. next time he's caught he's screwed

BMW2006 · 03-16-2008, 06:37 PM

It's going to depend on what state you are moving to. Some have no tax on a monthly payment, some have a monthly tax that may vary by rate. Some have yearly property taxes that you will have to pay, and others have both. Some will give you credit or partial credit to tax paid to an other state, but most likely they will not. Some will have the leasing company pay it and you pay them back for it, others will charge you when you register the vehicle.

Let me know what state it is going to be and I'll be able to tell you the details.

-BMW2006

HyperM3 · 03-16-2008, 07:01 PM

When I was leasing my M3 I moved to Boston. Never registered it or changed insurance. After a little more than a year I ended up moving back to NJ anyway.

If you are moving permanently, you'll have to register it and change insurance for that state. You wont have to pay any different taxes on your payments or anything like that.

PaulBailey@ltbmw · 03-16-2008, 10:02 PM

A NEW State!?!?
They're Still Making NEW States!?!?!
OMG Where have I Been???

bsamoul · 03-16-2008, 10:17 PM

westward expansion lives!

sandyeggo325i · 03-16-2008, 10:49 PM

Quote:

Originally Posted by xPaulBaiLeyx

A NEW State!?!?
They're Still Making NEW States!?!?!
OMG Where have I Been???

muhahaha...

i think it's called "Mexico" only a matter of time

shoei · 03-17-2008, 03:00 AM

Quote:

Originally Posted by 335I talian Stallion NJ

Hey everyone, I am thinking of leasing an e90 but will probably be moving out of state before the lease is over. Is it possible to take the car to the new state? Do I have to pay tax all over again to register the car?

here's the "grey area"... theoretically, you can just keep registering your car in jersey, while u live here in socal... if you get pulled over or into an accident, simply, you just tell them that you are here visiting or on vacation...

i think it's worthwhile to have your car registered if you're planning on staying awhile... won't have to pay taxes, but you will have to pay registration fee... somewhere in the neighborhood of $250 - $300 for our cars... get a cali drivers license and call it a day...

LEDZEP · 03-17-2008, 08:02 AM

There's a new state?? Wow, Puerto Rico is really gonna be pissed now!

DrGP · 03-17-2008, 12:29 PM

My question would be to which dealer will you return the car when the lease is up. I guess you could call BMW financial services to find a dealership that is NOT a "Full Circle" dealer. Those dealers return their lease cars to BMWNA rather than keeping them and reselling. Less than 20% of BMW deales are NOT FC dealers.

PaulBailey@ltbmw · 03-17-2008, 08:58 PM

All dealerships here in SoCal i've been to(Which is like 12+) will take you lease return even if it isn't leased from them.

M3 Piotr · 03-17-2008, 09:45 PM

Quote:

Originally Posted by mantis

u only pay tax on monthly payment regardless which state you're in. You never paid tax up front, nor will you pay it again. you have to register the car in the new state, i think within 6 months or something, depending on the state

Not completely true, in MD for example you have to pay tax on entire MSRP even if leasing, then your only have a base payment after that. But if you bring the car from other state to MD, they assume the tax was paid already, and you no longer have a tax added onto your payment. At least that's what happened to me, but I'm military and we got few perks.

M3 Piotr · 03-17-2008, 09:47 PM

Quote:

Originally Posted by mantis

cannot do that in the US. he can get pulled over and they'll tell him to get registered, and if the're really nice they'll give him awarning. next time he's caught he's screwed

Or join the military and you're good

, that way you can get away from it.

OtuaCarGod · 03-18-2008, 02:00 PM

I moved from Cali to Nevada recently. BMWFS actually makes it really easy. Got on owner's circle and put in my new address and they mailed a copy of the title to my new address to help me with DMV issues. Brought it in and DMV had no issues at all.

For my my sales tax is actually the same %, so my payment didn't change, but if tax here were different it would have, from what I understand.

Taittinger · 03-18-2008, 02:07 PM

Quote:

Originally Posted by 335I talian Stallion NJ

Hey everyone, I am thinking of leasing an e90 but will probably be moving out of state before the lease is over. Is it possible to take the car to the new state? Do I have to pay tax all over again to register the car?

Are you keeping the E92?

Bobby_Light · 03-18-2008, 02:13 PM

Quote:

Originally Posted by xPaulBaiLeyx

All dealerships here in SoCal i've been to(Which is like 12+) will take you lease return even if it isn't leased from them.

You can return your lease at any BMW Center.

Bobby_Light · 03-18-2008, 02:15 PM

Quote:

Originally Posted by OtuaCarGod

I moved from Cali to Nevada recently. BMWFS actually makes it really easy. Got on owner's circle and put in my new address and they mailed a copy of the title to my new address to help me with DMV issues. Brought it in and DMV had no issues at all.

For my my sales tax is actually the same %, so my payment didn't change, but if tax here were different it would have, from what I understand.

This is usually the scenario. The tax laws that govern your "new" state take effect. Just contact BMWFS (or your leasing company if not BMWFS).

FJc335 · 07-02-2010, 09:24 AM

Anyone know how would you register it, since you don't get the title. Do you have to contact BMW to get some kind of letter or something?

03-16-2008, 05:58 PM	#1
335I talian Stallion NJ Captain 59 Rep 731 Posts Drives: 04 Z4 3.0I Join Date: May 2006 Location: Northern NJ iTrader: (0)	Lease.. Moving to a new state? Hey everyone, I am thinking of leasing an e90 but will probably be moving out of state before the lease is over. Is it possible to take the car to the new state? Do I have to pay tax all over again to register the car?
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03-16-2008, 06:27 PM	#2
montreal red chris 291 Rep 12,142 Posts Drives: White Boat Join Date: Jun 2007 Location: Toronto iTrader: (31)	why not take the car to the new state and use the old plates until the lease runs out? that is what my neighbour is doing now.. he's from ontario but he goes to school here in montreal. he leased a car from ontario and brought it here... the car has been here for the last 2 years... he gets all his servicing/maintenance done here. __________________ Current: 2013 F10 M5 & 2016 Mini JCW 2013 GLK350 (gone), 997.1 GT3RS (gone), 2009 WRX STI (gone), e92 M3 (gone)
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03-16-2008, 06:37 PM	#5
BMW2006 Second Lieutenant 12 Rep 217 Posts Drives: 2007 335i Montego Coupe Join Date: Aug 2006 Location: Columbus, ohio iTrader: (0)	It's going to depend on what state you are moving to. Some have no tax on a monthly payment, some have a monthly tax that may vary by rate. Some have yearly property taxes that you will have to pay, and others have both. Some will give you credit or partial credit to tax paid to an other state, but most likely they will not. Some will have the leasing company pay it and you pay them back for it, others will charge you when you register the vehicle. Let me know what state it is going to be and I'll be able to tell you the details. -BMW2006
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03-16-2008, 07:01 PM	#6
HyperM3 Too many Alex's, from now on, call me Beaufort 353 Rep 6,188 Posts Drives: See Sig Join Date: Feb 2007 Location: Lawrenceville, NJ iTrader: (8)	When I was leasing my M3 I moved to Boston. Never registered it or changed insurance. After a little more than a year I ended up moving back to NJ anyway. If you are moving permanently, you'll have to register it and change insurance for that state. You wont have to pay any different taxes on your payments or anything like that. __________________ 13 HD FatBob 17 A4 Glacier/Black 1st Edition/Pre+/Sport/EurocodeTMD/Racechip 16 S6 (gone),14 S6 (gone),14 S6 (gone),13 S6 (gone),10 S4 (gone) 07 335i(gone)
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03-16-2008, 10:02 PM	#7
PaulBailey@ltbmw General 677 Rep 26,876 Posts Drives: 2-325 330 2-335 2-Z4 2-135 X5d Join Date: Mar 2007 Location: Huntington Beach, CA iTrader: (34) Garage List 2008 BMW 335i E90 [7.00] 2011 BMW 335i E92 [7.96]	A NEW State!?!? They're Still Making NEW States!?!?! OMG Where have I Been???
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03-16-2008, 10:17 PM	#8
bsamoul Major General 169 Rep 7,433 Posts Drives: E90 325i Join Date: Feb 2007 Location: Walnut Creek, California iTrader: (2)	westward expansion lives! __________________ -Brian 2X 2006 BMW 325i [Electric Red & Mystic Blue] \| ZPP \| V1 \| Rear Fogs \| M3 Lip Spoiler \| EAS RemoteKey \| BMS Powerbox \| Projector90 Headlights w/ LED AE \| LED plate lights \| OEM Blacklines http://www.tech-shine.com
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03-17-2008, 08:02 AM	#11
LEDZEP Lieutenant General 429 Rep 12,276 Posts Drives: 2009 E70 & 2011 F25 Join Date: Jun 2005 Location: Area 51 iTrader: (0) Garage List 2011 X3 35i M Sport [7.62] 2009 X5 M Sport [0.00] 2007 328xi E90 [0.00] 2006 325xiT E91 [0.00]	There's a new state?? Wow, Puerto Rico is really gonna be pissed now! __________________ I think it is bad luck to be superstitious
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03-17-2008, 12:29 PM	#12
DrGP Lieutenant Colonel 141 Rep 1,914 Posts Drives: Sapphire 335i coupe Join Date: Oct 2006 Location: SE, PA iTrader: (0)	My question would be to which dealer will you return the car when the lease is up. I guess you could call BMW financial services to find a dealership that is NOT a "Full Circle" dealer. Those dealers return their lease cars to BMWNA rather than keeping them and reselling. Less than 20% of BMW deales are NOT FC dealers.
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03-17-2008, 08:58 PM	#13
PaulBailey@ltbmw General 677 Rep 26,876 Posts Drives: 2-325 330 2-335 2-Z4 2-135 X5d Join Date: Mar 2007 Location: Huntington Beach, CA iTrader: (34) Garage List 2008 BMW 335i E90 [7.00] 2011 BMW 335i E92 [7.96]	All dealerships here in SoCal i've been to(Which is like 12+) will take you lease return even if it isn't leased from them.
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03-18-2008, 02:00 PM	#16
OtuaCarGod Banned 3 Rep 131 Posts Drives: The nicest car on the lot... Join Date: Jan 2007 Location: Sacramento, CA iTrader: (0)	I moved from Cali to Nevada recently. BMWFS actually makes it really easy. Got on owner's circle and put in my new address and they mailed a copy of the title to my new address to help me with DMV issues. Brought it in and DMV had no issues at all. For my my sales tax is actually the same %, so my payment didn't change, but if tax here were different it would have, from what I understand.
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07-02-2010, 09:24 AM	#20
FJc335 First Lieutenant 25 Rep 341 Posts Drives: platinum bronze e92 Join Date: May 2007 Location: Smallville- NJ iTrader: (0)	Anyone know how would you register it, since you don't get the title. Do you have to contact BMW to get some kind of letter or something? __________________ Broken promises don't upset me. I just think, why did they believe me?
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