Best Car Lease Deals in Mississippi
Mississippi taxes leases at 5% of monthly payment. Below are the most competitive lease programs in the Mississippi market this month.
Updated 2026-06-16 · Reviewed monthly
State
Mississippi
Mississippi
Lease tax rate
5%
State average
Federal EV credit
$7,500
Applies to all leased EVs
Popular vehicles to lease in Mississippi
Driven by regional demand and dealer inventory in the Mississippi market.
How leasing works in Mississippi
Mississippi taxes leases at 5% of monthly payment. That tax structure is the biggest variable in Mississippi lease pricing — every other element of a lease (residual value, money factor, manufacturer incentives) is set nationally by the captive lender.
Negotiation tips for the Mississippi market
- Always negotiate selling price before discussing monthly payment
- Request the dealer's lease worksheet and verify residual % and money factor against published programs
- End-of-quarter (March, June, September, December) typically yields the deepest dealer discounts
- Stack manufacturer rebates (loyalty, conquest, college, military) — they apply directly as cap-cost reductions
- Use our lease calculator to verify the dealer's math