Taxes in Texas

AgsWin · 05-17-2011, 12:27 AM

I have gotten different answers from different CA's but does anybody know if I am doing an ED lease in Texas if I have to pay my sales tax up front in a lump sum payment or if I can roll it into the lease payments? I know because of Texas Law, I have to pay sales tax on the entire purchase price of the car, but want to clarify whether or not I can roll it into my lease payments.

BMW_ACURA · 05-22-2011, 05:36 PM

Hello my friend from Texas, could you please share the details of your deal

snj1013 · 07-14-2011, 06:12 AM

You pay a different tax rate than sales tax on vehicle in Texas. Here in Houston, sales tax is 7.75% but tax on a vehicle is 6.25%. Yes the tax can and normally is rolled into the payment.

05-17-2011, 12:27 AM	#1
AgsWin Captain 167 Rep 742 Posts Drives: 2022 Frozen Dark Grey M3 Join Date: May 2007 Location: College Station, TX iTrader: (1)	Taxes in Texas I have gotten different answers from different CA's but does anybody know if I am doing an ED lease in Texas if I have to pay my sales tax up front in a lump sum payment or if I can roll it into the lease payments? I know because of Texas Law, I have to pay sales tax on the entire purchase price of the car, but want to clarify whether or not I can roll it into my lease payments.
	Appreciate 0 Tweet Quote

05-22-2011, 05:36 PM	#2
BMW_ACURA Enlisted Member 7 Rep 36 Posts Drives: 2011 535I SPORT/PREM Join Date: May 2011 Location: HOUSTON, TX iTrader: (0)	Hello my friend from Texas, could you please share the details of your deal
	Appreciate 0 Quote

07-14-2011, 06:12 AM	#3
snj1013 Captain 87 Rep 937 Posts Drives: 2011 528i Join Date: Jul 2011 Location: Houston, TX iTrader: (1)	You pay a different tax rate than sales tax on vehicle in Texas. Here in Houston, sales tax is 7.75% but tax on a vehicle is 6.25%. Yes the tax can and normally is rolled into the payment.
	Appreciate 0 Quote

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search