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Prices Paid: Buying & Leasing Experiences BMW X3: Lease Questions
619 messages, Last post on Jun 23, 2008 at 2:22 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Does anyone know how I can figure out how the taxes get paid on an out-of-state lease? Like, if I'm in Tennessee, and I lease a vehicle in Texas and bring it back to Tennessee, how does it all work out? Does the dealer handle this? Or do I need to ask Tennessee government officials what the procedures are? Seems like it would be an easy thing for dealerships to handle, but I want to know so there aren't any surprises. Thanks!
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Replying to: timmboj (Jun 25, 2007 3:10 pm) I am curious why you'd go to Texas to leave a vehicle if you live in Tennessee. |
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Replying to: Car_man (Aug 31, 2005 3:14 am) 2007 BMW X3 in Alpine White with Sand Beige Leatherette and equipped with auto transmission, heated steering wheel and front seats as well as privacy glass. MSRP is $40025. The current "price" is $39325. Money factor appears to be .00255, term is 36 months with 10K miles. They have me paying $5300 at signing ($450 is security dep.). Taxes are listed as $3683 - our sales tax rate here is 7.55%. The monthly lease payment is $448.23. I want to pay nothing down and negotiate to a net capital price of $38000 or pay $1000 down for a net capital price of $37000. I cannot understand why the need for the $5300 down - it doesn't add up. What are they doing????? |
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Replying to: helayna (Jun 29, 2007 11:34 am) If so the sales tax plus security deposit plus the first payment nearly equals 5,300 dollars. Throw in a few hundred dollars for registration, plates and doc fee and you have 5,300 dollars. |
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Replying to: helayna (Jun 29, 2007 11:34 am) Also, that tax amount is huge... do you live in Illinois or Texas?
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Replying to: helayna (Jun 29, 2007 11:34 am)
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Replying to: kp22 (Jun 29, 2007 12:52 pm) |
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Hi: Our factory ordered X3 has arrived at the dealership. We were approved for a lease at time of order. I've been told that if lease rates drop by closing, we will be entitled to the lower rate. When will rates be available(or what are) the rates for July 2007? Many thanks.
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Replying to: newq7 (Jul 01, 2007 9:46 am)
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Replying to: kyfdx (Jun 29, 2007 12:49 pm) do you have a sense of what the new numbers are for the X3? I'm interested in an Automatic with Premium and Climate package, and only basic inception fees at signing. Term: 24/36 months Miles: 10k/year MF: ? Residual: ? Thanks very much. |
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Prices Paid: Buying & Leasing Experiences BMW X3: Lease Questions
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