I leased my frs with the intention to buy it. 3 year lease, $14,500 total paid by the end of the lease (plus $1,500 total in state/county tax) and the car was valued at $16,500 at the end of the lease. Needless to say I wasn't going to purchase a $27k car for $31k, plus interest on the $16,500. My state charged me about $500 a year for personal property taxes all 3 years even though it was a lease
