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      02-16-2020, 04:20 PM   #6
ETHOS_DAN
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Drives: 2020 M5 COMP
Join Date: Nov 2018
Location: Westchester, NY

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Quote:
Originally Posted by chrisny View Post
Just a heads up, NYS will still make new owner pay tax on remaining payments if registered here (can't speak for other states), and won't give you back the difference. They treat it like a new sale. At least that's how it went in 2017 when I swapped out of a BMW. Doubt it has changed and it's why I no longer pay tax up front.

As an aside, I thought NY didn't allow multiple security deposits? How did you manage that, bought out of state?
Thank you for the heads up. I assumed that since I paid for all the taxes for the lease at registration that they would satisfy the remaining lease. I will reach out to my sales manager to confirm.

Correct I get all my cars from NJ for that very reason. I find the MSD's to be such a nice option to lowering the payments
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