I am interested in an 18 month lease on Air Touring. I live in Georgia. My Sales Advisor says I need to pay GA taxes on full vehicle price instead of on (total monthly payments + down payment). I sent him official Georgia gov link (https://dor.georgia.gov/tavt-calculation-new-leased-vehicles-hb-340-2017-0) to forward to Lucid Finance. He came back saying they said I need to pay taxes on full vehicle price. Is anyone here from Georgia experienced this on lease?
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Georgia Tax on 18 Month Lease
- Thread starter besteffort
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The law changed again eff Jan 1, 2022. Sales tax for lease is due on depreciation (not even total lease payments) & other amortized costs & down payment.
I noticed how high tax number was on Lucid calculator.
Lmk if you get Lucid to recognize latest change.
I noticed how high tax number was on Lucid calculator.
Lmk if you get Lucid to recognize latest change.
Thank you. I did provide the links and form to Lucid. They did come back and acknowledge that my tax due will be lower and I am still waiting for my contract to see those corrections.
Finally, I received my lease contract with updated Georgia taxes done correctly but they collected the taxes upfront instead of adding to monthly payment. I picked up my car yesterday from the Roswell location.
Congrats! nice to have a local service center.
It appears TAVT is due in full per the MV-7L form.
Tax is due at time of registration in the case of a purchase as well.
Lucid sales rep said he has submitted request to IT dept to correct GA TAVT calculation on their web site calculator.
It appears TAVT is due in full per the MV-7L form.
Tax is due at time of registration in the case of a purchase as well.
Lucid sales rep said he has submitted request to IT dept to correct GA TAVT calculation on their web site calculator.
I received license plate from GA DMV with breakdown of fees & TAVT. Lucid collected full year for Alternative Fuel Vehicle fee. DMV prorates until
next birthday. Also TAVT was about half of Lucid's number per lease docs.
I have forwarded to financial services for explanation.
next birthday. Also TAVT was about half of Lucid's number per lease docs.
I have forwarded to financial services for explanation.
I also received my GA plate and noticed a difference as well. I sent it to my SA today. Let's see what happens. Did they ask you to fill out W9 to receive cash rebate?
It has been 3 months plus since I requested refund for excess tax & fees collected by Lucid Financial.
When I ask for update, I get texts from LF or CC that they are still processing refund...
Anyone know how how to get this resolved?
When I ask for update, I get texts from LF or CC that they are still processing refund...
Anyone know how how to get this resolved?
I'm in the similar boat. Based on what I paid Lucid financial versus what GA sent me the receipt for, I over paid Lucid ~$500. I emailed Customer service a couple of weeks ago and haven't heard back. Who did you contact? Customer service? Or toa specific financial email address?
My refund was $500 also,
You can email [email protected] or text or call (888) 995-8243.
Either method should result in an auto-reply & then an actual response.
I did not get Auto-reply on first try.
A Lucid rep mcr16 is on this forum & will follow up for you.
Also, I asked rep at Roswell service center to follow up.
You can email [email protected] or text or call (888) 995-8243.
Either method should result in an auto-reply & then an actual response.
I did not get Auto-reply on first try.
A Lucid rep mcr16 is on this forum & will follow up for you.
Also, I asked rep at Roswell service center to follow up.
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