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Taxes on a Lease?

  • In Michigan, use tax of 6% of the monthly base payment amount is included in the lease payment. If the lease is assumed by someone who lives in a different State, the taxes and fees of the State where the vehicle will be registered and garaged apply.

 

 

FAQ TOPICS:
Assumption Procedure
Time Frame
Assumption Fees
Responsibilities
Insurance Requirements
Security Deposit
Taxes
Mileage & Condition
Other Questions
 
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