TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker and becoming a Supporting Member. For more info: Support TMC

Leased Vehicle Texas Property Tax

Discussion in 'Texas' started by kgb, Jan 13, 2013.

Tags:
  1. kgb

    kgb Member

    Joined:
    Sep 22, 2009
    Messages:
    605
    Location:
    Houston, TX
    Although there is a thread about some property taxes in Texas and other states, I feel this topic is sufficiently different to warrant a new thread.

    I acquired my Roadster using Tesla Motors' "lease until you buy the Model S" program. With my most recent invoice, TM included 2 extra items, which they describe as "property tax 2011 $2,707" and "property tax 2012 $3,549" I had never heard of this property tax. I do know that my business pays a franchise tax on its property. And there is a tax associated with registering the car. I did a little research, and there is something called a "use tax" but that seems to be a one-time tax AFAIK.

    FAQ: Motor Vehicle Taxes

    Has anyone else been charged these property taxes and does anyone know what this is about? What property tax could this be?
     
  2. sublimaze1

    sublimaze1 8Dec2012 / Leeroy Jenkins

    Joined:
    Sep 6, 2012
    Messages:
    1,130
    Location:
    Basin City, TX
    Yes. This comes around once a year - typically January - on leased vehicles. Started in 99, IIRC. Seems that Oklahoma had always taxed leased items as property and Texas wanted in on the game. You see, if you own a car, you pay taxes on the full value of the car, albeit once. If you lease, you pay a tax which is less than the TX County Tax Assessor value and they want more of the pie. In fact, it comes around each January as a property. I hated it. Diana gets hit on the Armada, but it is not near as much as what you stated above.
     
  3. kgb

    kgb Member

    Joined:
    Sep 22, 2009
    Messages:
    605
    Location:
    Houston, TX
    thanks for the info. I will go ahead and reluctantly pay it. :cursing:
     

Share This Page

  • About Us

    Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.
  • Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.


    SUPPORT TMC