End of lease
#1
Driver
Thread Starter
End of lease
My lease will end in March but my vehicle registration renewal is December. Do I still have to pay for the registration? I mean, it doesn't feel right paying $300 registration fee for a car that I will keep for just 3 more months...
#3
I would think you would have to, unless you don't plan on driving it between Dec and March. If you plan on picking up another Lexus, why not see if you can turn it in early so you don't have to deal with the reg?
#5
Pole Position
I guess the process is different in the land of fruits and nuts?
#6
Lexus Test Driver
To the OP - you've probably already realized this, but try to avoid the odd month lease terms as a previous poster has noted. If you like your IS, you might consider extending your lease for six months - otherwise, try making a deal right around the time the registration is due.
Last edited by gmanusmc; 09-30-15 at 02:56 PM.
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#8
$300 for registration.... wow that's crazy. In NY you register for 2 years at a time and I believe the registration price is based on the price of the car. A full two years would be about $120 for IS350 fsport awd.. Mine was $69.25 for 14 months because when you get a new car, as long as you keep the same plates, they just keep your registration date from your previous car and pro-rate the cost or even in some cases issue a refund. So when I bought a new car in February of 2006, the next car registration was up in February of 2008, 2010, 2012, 2014, 2016, etc. no matter if it was a new car or not and as long as you keep the same plates. If you get rid of the car before the 2 years is up and you turn in the plates you get a refund of the remaining balance.
We also have a yearly inspection fee on top of registration. $10 the first year and I think $25 after that.
We also have a yearly inspection fee on top of registration. $10 the first year and I think $25 after that.
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