Changes to the Illinois Auto Tax on Leasing. Monthly Savings When You Lease a New Ford from Velde Ford!
On January 1, 2015, major changes were made to the Illinois auto lease tax law. At Velde Ford we’re here to help you understand for your lease options. The new change to the auto tax law makes it cheaper to lease a new car, truck, SUV or crossover in the State of Illinois.
At Velde Ford in Pekin, IL we want you to have all of the facts before you make a decision on a new Ford. Speak with our helpful team to find out all of the options that are available to you before you choose to buy or lease a new Ford! Contact us today to learn more about the changes to taxes on leasing and call (888) 221-2804.
What does the New Illinois Auto Lease Tax Law Mean for You?
The new law that took effect on January 1, 2015 means you will only be required to pay taxes on the value of the vehicle during the time that you are leasing it, as opposed to the previous law which taxed the full value of the vehicle. This tax change will make your monthly payments lower, improving the value of leasing a new Ford.
With the new tax change, leasing a new Ford at Velde Ford just got better, allowing you to pay less each month! We are committed to offering our customers a straightforward and enjoyable car shopping experience, which is why go above and beyond to make sure you have all of the information you need.
Velde Ford, Your Source for Everything Automotive in Pekin, IL.
We work hard to make sure each and every one of our customers has the most complete information before they lease or purchase a vehicle. At Velde Ford of Pekin we are always working hard to make sure our experienced team is up to date with new training, so that we can offer the best customer service. We started researching and training our employees as soon as the new tax law was passed.
Our knowledgeable team at Velde Ford has the expertise and experience that you are looking for. We are your source for the most complete automotive information and services. Choose the professionals at Velde for your next Ford!
You can find out more about the new auto lease tax law by looking up HB 2317, or by contacting of helpful team at Velde Ford.