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Lease Questions - Ask Here - READ ONLY

23872 messages,  Last post on Sep 20, 2005 at 8:08 AM

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What is this discussion about? Car Leasing


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#23868 of 23872
Re: Infiniti G35x Lease questions [Car_man] by glk1
Sep 19, 2005 (9:47 am)

Replying to: Car_man (Sep 19, 2005 2:00 am)

Hi:
 
Thanks for your quite helpful reply.
 
Best,
 
Gary K.
#23869 of 23872
05 Chrysler Crossfire Limited Lease by kmouradian
Sep 19, 2005 (11:08 am)
Car_Man,
 
Is Chrysler offering any lease support on the 2005 Crossfire Limited with auto trans? Interested in leasing one 15k miles year. Any hot 24/36/39 month deals going on for this model? What kind of res. and MF are we looking at? And any lease cash available? Thanks!
#23870 of 23872
Re: 05 Chrysler Crossfire Limited Lease [kmouradian] by kirstie_h HOST
Sep 20, 2005 (5:09 am)

Replying to: kmouradian (Sep 19, 2005 11:08 am)

You might check and/or post in our Crossfire Leasing discussion.
 
kirstie_h
#23871 of 23872
Re: Calculating tax [roosa] by skoontz
Sep 20, 2005 (8:01 am)

Replying to: roosa (Sep 19, 2005 8:26 am)

Thank you for the insight.
 
I'm still looking for someone to share experience/knowledge on whether I should pay sales tax up front or roll into cap cost.
 
My hypothesis here is that I avoid paying interest on sales tax by paying up front. If this logic is flawed, someone please let me know.
 
Thanks,
Sean
#23872 of 23872
Re: Calculating tax [skoontz] by kyfdx HOST
Sep 20, 2005 (8:08 am)

Replying to: skoontz (Sep 20, 2005 8:01 am)

The interest on the sales tax is minimal... If the sales tax is $2K and the money factor is .0020, then the extra finance charge is $4/mo....
 
The advantage of rolling it in? The leasing bank pays the sales tax upfront, and the amount you rolled in to the lease payment is converted into debt, no different than the debt incurred for the purchase price.. If your car is totaled or stolen soon after lease inception, the GAP insurance will pay off any debt that your insurance doesn't cover...
 
If you pay that sales tax upfront, your money is gone....
 
regards,
kyfdx
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