Quote:
Originally Posted by marsb007
What if I'm trading in a purchased vehicle for a leased vehicle? Do I get a credit for the taxes I already paid on the purchase towards the lease? Or will the taxes be refunded? Or do I lose all the money that I paid in taxes and I have to pay taxes on the new lease just the same as I would have had to anyway...
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Taxes are never refunded. It would go to the taxes charged on the new vehicle.
You don't specify your state, but different states do things differently. In CA, I don't think you can use the sales tax credit via trade it, at all.