AdamFist
Posts: 10
Joined: Sat Nov 30, 2013 9:23 pm
Delivery Date: 30 Nov 2013

Moving from GA to CA - need advice on vehicle registration

Thu Aug 24, 2017 7:13 pm

I accepted a job offer in Southern California and need advice on what to do with my leased 2015 LEAF currently registered in GA.

Leasing facts:
- Leased June 2015, 36k miles, 36 months
- ODO 24k
- Residual is $10,240 with current buyout at $12,366.03 good thru mid-Sept

I'm planning on having my car shipped and have ruled out giving up my lease early. My move date is Sept 7, 2017.

Scenarios:
1. Register in CA then let the lease run its term - baseline scenario
2. Register in CA then buy - any state tax credits for buying leased vehicles?
3. Buy in GA then register in CA
Advantage #1) Eliminate need for NMAC to send GA title to CA for registration
Advantage #2) Sales tax is lower in GA

Advice appreciated.

Adam

cwerdna
Gold Member
Posts: 7201
Joined: Fri Jun 03, 2011 4:31 pm
Delivery Date: 28 Jul 2013
Location: SF Bay Area, CA

Re: Moving from GA to CA - need advice on vehicle registration

Thu Aug 24, 2017 7:38 pm

#2 - not that I'm aware of. CVRP (https://cleanvehiclerebate.org/eng/elig ... guidelines) is only on new purchases and leases.

#3: I'd have to do digging which I have no time for, but that case may complicate things and may/may not save on sales tax. See https://www.dmv.ca.gov/portal/dmv/?1dmy ... outofstate and https://www.dmv.ca.gov/portal/dmv/detai ... owto/htvr9, in particular https://www.dmv.ca.gov/portal/dmv/detai ... rweb/index.

'13 blue Leaf SV w/premium package (owned)
'13 blue Leaf SV w/QC + LED & premium packages (lease over, car returned)
'06 Prius

baustin
Posts: 494
Joined: Tue Feb 24, 2015 1:23 pm
Delivery Date: 09 Mar 2015
Leaf Number: 402162
Location: North Las Vegas, NV

Re: Moving from GA to CA - need advice on vehicle registration

Fri Aug 25, 2017 3:58 am

Call NMAC and ask them what they recommend. Your monthly lease payment will probably change due to the Sales Tax differences between GA and CA.
2013 Leaf SV - Cayenne Red - QC Port - LED Headlights

Oils4AsphaultOnly
Gold Member
Posts: 269
Joined: Sat Oct 10, 2015 4:09 pm
Delivery Date: 20 Nov 2016
Leaf Number: 313890
Location: Arcadia, CA

Re: Moving from GA to CA - need advice on vehicle registration

Fri Aug 25, 2017 8:53 pm

AdamFist wrote:I accepted a job offer in Southern California and need advice on what to do with my leased 2015 LEAF currently registered in GA.

Leasing facts:
- Leased June 2015, 36k miles, 36 months
- ODO 24k
- Residual is $10,240 with current buyout at $12,366.03 good thru mid-Sept

I'm planning on having my car shipped and have ruled out giving up my lease early. My move date is Sept 7, 2017.

Scenarios:
1. Register in CA then let the lease run its term - baseline scenario
2. Register in CA then buy - any state tax credits for buying leased vehicles?
3. Buy in GA then register in CA
Advantage #1) Eliminate need for NMAC to send GA title to CA for registration
Advantage #2) Sales tax is lower in GA

Advice appreciated.

Adam


I'd go with #3, since the GA sales tax is lower than the CA one. Also, the CA tax credit applies to new cars only. But the economics is flipped if NMAC doesn't offer you an incentive to buy out your lease now vs. later.
[2013 leaf traded for 2016 leaf S30:
build date: Sep '16 :: purchased: Nov '16
1 May 2017 - 7300 miles & 363 GIDs
6 Sep 2017 - 13k miles & 359 GIDs
26 Oct 2017 - 15.5k miles & 344 GIDs]

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