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Smart Shopper General Questions about Leasing Vehicles
284 messages, Last post on Aug 01, 2009 at 9:50 AM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
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Replying to: joel0622 (Jan 26, 2008 12:35 pm) |
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Replying to: itons (Jan 26, 2008 12:27 pm) |
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My Grandfather leased a 2007 Cadillac Escalade in Jun 06. He now wants to trade it in on a new truck, the lease was for 48 months! My question is what is going to happen once he tries to do this and could he trade the Caddy in and not lease the truck or does he has to lease itI think he wants to buy the truck outright!
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Replying to: cdcruizer05 (Jan 27, 2008 12:53 am) tidester, host SUVs and Smart Shopper
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Replying to: tidester (Jan 27, 2008 12:29 pm) -mike Motorsports and Modifications Host |
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A large local newspaper is looking to speak to consumers who have used Web sites such as LeaseTrader.com and SwapaLease.com in getting a new vehicle. Please respond no later than Feb. 11 with your daytime contact information to Chintan Talati at ctalati edmunds.com.
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A national newspaper is looking to speak to consumers who recently purchased or leased a new vehicle because of a good deal they found, whether it was low APR (financing), lease specials, rebates or other incentives. Please respond no later than Feb. 19 with your daytime contact information to Chintan Talati at ctalatiedmunds.com.
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Replying to: kirstie_h (Feb 14, 2008 5:30 pm) I have a DBA in Florida, but still live in Texas. I'd like to lease the vehicle physically in Texas, but register in Florida under my DBA to avoid the Tax in Texas issue. (I'll pay taxes month - month in Florida). Can this be done? If so -- and I wait a sufficient period of time -- can I transfer the lease back to me (or my wife) in Texas - as if I were transferring my Lease. And then register the vehicle in Texas? I know I have successfully transferred a lease from a third party from out of state (happened to be from Fla), and I only had to pay the $90 out of state residence registration fee for the vehicle. This time around I'd like to pick the vehicle out firsthand (and not have to transport it back from Florida) thanks, M |
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Hello. I have 2 more months on my lease and it seems I have positive equity at this time. My pay-off amount is less than kbb's trade-in value in good contition. I'm from IL and want to trade my lease at a dealership for a purchase of a new car. I hear I can save in some sort of tax credit if I buy a new car with a trade in... Is my best option to do trade-in the lease and save on some tax credit, or do I need to buy the car myself and then trade it in? Thanks for your help. My lease is through Toyota.
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Replying to: medic78 (Feb 21, 2008 9:48 pm) Most states have you pay the sales tax as you go on a lease. So, since you never paid the full tax in the first place, there is no credit. If you buy out the lease, you will pay tax on the buyout,which nullifies the idea of trading the car in. Kbb's trade in values generally aren't worth spit, so I would get a real number on your trade before you go any further. |
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Smart Shopper General Questions about Leasing Vehicles
