Used Cars: Lease swap, ford credit, gross capital

Question
QUESTION: I have a 36 month lease with Ford Credit and am located in Dallas.  A family
in Houston is interested in a taking over the lease for the remaining 18
payments.  We cannot get a clear answer on how the taxes will work.  I paid
6.25% tax originally as part of the gross capital cost.  The DMV is telling the
family they will be assessed tax again on the current car value.  Is that
accurate?  Isn't that double tax?  We just assumed that the tax already
factored into the payment would be the only amount owed.  Thanks much for
your help!

ANSWER: Are they just taking over the remaining payments and leaving the car registered in your name?

---------- FOLLOW-UP ----------

QUESTION: No, I believe they want to assume remaining payments on the lease and have the
car registered in their name.  Thanks.

Answer
The only way to register the car in their name Ford would have to change all the info with the state (Registration and lean holder info). They would have to go to a local branch office and apply for a loan with Ford, even if Ford approves them on the loan, you would be a cosigner just in case. There is a web sight that I recently read about that works with people to completely take them off the loan, the sight is only about people that want to get out from under their current loan. If you have to be the co-signer on your current loan, you may not be able to have a loan on another car till this one is paid off. If you do not plan on getting another loan for the next yr or so, I would leave everything as it is , they are not going to get credit for making the pymts on time because the car is registered in their name, only if the loan is in their name, so why register the car in their name. You both have to be on the insurance with the liabilities required by the lender. The taxes are going to stay the same, unless the car is registered in a different county with higher taxes. Across the state all the taxes are 6.25% but then on a lease you have a property tax, usually does not amount to much and there are some clauses that the bank takes care of it or you get billed.
Choices 1) If the people are credit worthy,I would go to Ford Credit and have them apply for a loan and switch everything to their name.
       2) If your just needing help for a while and they cant get a loan, I would add them to the insurance or put your name on their policy to show Ford you have the proper coverage and let it ride out, Hopefully this is a relative??? and some one you can trust to make the car and ins payment. If not you better have at least 3 mths worth of pymts saved up. People don't really have any money in this game and you usually don't find out they are behind until the bank calls and that will be in 90days or 3mths worth of pymts. This is a touchy subject and I've had so many people that this idea has gone bad on, too include son's,daughters,brothers,sisters and parents.
Also look on the back of your contract and see what the bank say's about this. Good Luck, move cautiously and let me know if you need more help.