Taxes on leased car
Hi all. I’m a DE resident and having a brand new car shipped to me from Colorado. Long story short, this specific car is gone on the east coast and I finally found a dealer with a few and they gave me a very solid deal that I can’t pass up.
This car will be a lease and has never been registered. It’s brand new.
Tax on the vehicle is 7.72% on the area I’m getting it from and it paid up already. When it’s delivered to me, it’ll have a temp tag. I know I’ll need to go to the DMV and register the car, but I’m wondering if I’ll have to pay the 4.25% tax as well? It’s a 40k car and I don’t want to be shelling out $2000 for this tax. I can’t find any resources on the DMV website.
Has anyone else done this? Since the dealer is so far, they may not handle tags but are making a legitimate effort to do so. DE is unique with all this so if anyone is seasoned in this or knows, that would be great!