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Car, Auto, Used Cars: How To Get A Great Deal On A New Car
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Future Cars Hummer | Car, Auto,
Used Cars: Up-Front, Ongoing and End-of-Lease Costs
Personal property tax (ad valorem tax)
{$} during the term
Some states have a personal property tax on leased vehicles. You will generally
be responsible Car, Auto for payment of any applicable Future Cars Hummer
personal property tax either to the lessor or directly to the taxing authority.
{$} personal property tax is based on a percentage of the vehicle's value. It
is typically assessed annually, Car, Auto although the lease agreement and
state laws govern when you will owe any personal property tax on your leased
vehicle and when it must be paid. Note: {$} Many taxing jurisdictions do not
assess a personal property tax on vehicles.
Other ongoing expenses
Registration Car, Auto renewal, annual vehicle Future Cars Hummer inspections,
and other government fees. You usually must {$} pay annual state and local
government fees required to register the leased vehicle and operate it.
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