Wednesday, October 21, 2015

Illinois Auto Lease Tax Law Changes for 2015

Illinois Auto Lease Tax Law Changes for 2015

PEKIN, Ill. ––  Did you know as of Jan. 1, 2015, the state of Illinois did away with its former Auto Tax Law and put a new law into effect that helps our customers save money?

The Illinois Auto Lease Tax Law changed for 2015 and now requires that customers only pay tax on the value of the lease duration, unlike the previous law where leasers paid a use tax on the entire value of the leased vehicle. With this tax change, you'll find your monthly lease payment to be much lower, making it even more beneficial to lease a vehicle. 

With the Illinois Auto Lease Tax Law change in 2015, leasing a brand-new vehicle at Velde is better than ever. We want you to know the benefits of leasing under the new tax law, which is why as soon as we heard about the changes, we began to research and train our employees to ensure that they're able to help you in the best way possible. At Velde Ford, we go above and beyond to make sure our customers have all of the information they need before they lease or purchase a vehicle. Stop by our Ford dealer near Bellevue, IL, to test-drive one your next Ford lease!

At Velde Ford, we're committed to providing our customers with an unbeatable level of service and a great car buying experience. Feel free to visit Velde Ford located at 2200 North 8th Street, Pekin, IL 61554.

Visit our website: VeldeFordPekin.com

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