1 Jan, 2018 → by ClaimboUser462128
lease payoff
*SOLVED
3
My lease contract states my end of lease purchase price is 34, 419.00 and a $350.00 Disposition Fee. However my Lease payoff document I just received shows Sales price of $35, 269 + sales tax of 2086.14 for a total of 37355.14 Here is the problem sales tax in the state of FL Lee County is 6% and should be on the price of the vehicle no tax on fees. Therefore tax should be 34, 419.00 X 6%=2065.14 + the 350.00 Disposition fee for a total of 36834.14! This leaves us a difference of $521 and that is were my dispute lies. They want to charge me a fee of $500.00 for title transfer (a fee they pay to an outside agency). In the state of FL I get a release of lien and have to go myself to tax collectors office to file for title and pay the fee. So why the $500 and where does the extra $21 come in?