Generally speaking, leasing a car in Texas is not a great idea. Here’s why: In Texas, you pay a 6.25% sales tax on the full value of the car. Unlike some states, you don’t pay local sales tax—only the 6.25%. But the problem lies in how this tax is applied.
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I’m frequently invited to share my insights and experiences when it comes to buying cars, both new and used. Buying a car can be one of the largest purchases you'll ever make—often the second largest after a house. The process is part art, part science.
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Today is Friday, November the first, and yesterday's market selloff was almost 2%. Is this a precursor of the election that's coming next week?
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