Quote:
Originally Posted by CeEl
I know Chicago charges an additional tax, just not sure if it's on the payment only or on the whole car or ...
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When I leased a 328 in chicago I paid sales tax up front on the car then I paid the additional "use tax on vehicle leases" which was based off the monthly payment.
My advice to OP is to look at increasing the residual / decreasing monthly payment by selecting a lower miles option. He will get a double benefit from the lower depreciation payment portion of his lease and lower Chicago use tax.
I had a 15k/miles per year limit on my 328 lease and it wasn't optimal because I didn't use all the miles I pre-paid for, and I got hit with the Chicago use tax on leases
That use tax is a relatively minor cost that was majorly annoying and I certainly didn't miss it when I move back to California.