Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Smart Shopper Got a Quick Question for a Car Dealer?
2394 messages, Last post on Nov 03, 2009 at 11:03 AM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
|
Replying to: scottinky (Apr 30, 2009 4:13 am) KY charges personal property tax on any car registered on January 1st, for the entire year... No proration.. It's usually collected at the time you renew your tags.. So, in the last year of a lease, you'll almost always have a bill coming for the entire property tax for that year, but, it's likely to come from the bank after the lease is up, because you aren't renewing your tags. The bank pays it, because they are the owner, but all registration and tax costs are passed along to the lessee (you). Hope that helps.. I've got a lot of experience with leasing in KY.. regards, kyfdx |
|
|
|
|
Replying to: kyfdx (Apr 30, 2009 8:11 am) That bites! I would hate to have a lease ending in early January in KY if I understand you correctly. Sounds like you are paying taxes on property you no longer "own"!  In SC, we turn the tags back in to the DMV and take the receipt to the courthouse and get a prorated refund for any unused full months remaining until expiration. (or transfer it to another vehicle and pay taxes on the new car in the renewal month for the tag.) Also, I am personally billed by the county, not by Chrysler Financial.
|
|
|
|
|
Replying to: traindriver (May 01, 2009 6:39 pm)
|
|
|
|
|
Replying to: jwilliams2 (May 01, 2009 7:49 pm) Yes, If that is how it works then I suppose so. |
|
|
Replying to: jwilliams2 (May 01, 2009 7:49 pm) You do have to be careful if you are making transactions around January 1st... You don't want to buy a car on December 30th, and sell the old one on January 2nd... You'll pay property tax on both cars the next year.. I actually turned in a lease on December 31st, once... then, bought the next car on January 5th... No property tax that year!  Of course, on real estate, property taxes are pro-rated... just like everywhere else.. regards, kyfdx |
|
|
|
|
I have a "general question". When a car company has a "low interest" rate does the dealer participate in the price? In other words, how much does it cost the dealer when he does a "MSRP" sale of a new car at zero interest? Does the dealer really care what the interest rate that a customer pays on a loan actally is? I mean a loan with the manurfacturer and not the friendly finance company that is kicking back to the dealer. Is it worth it to "push" for the low interest rate after negotiating a good price for a car, does the dealer have options?
|
|
|
Replying to: billsbuddie (Jun 11, 2009 3:57 pm) |
|
|
|
|
Replying to: boomchek (Jun 12, 2009 8:49 am)
|
|
|
Replying to: billsbuddie (Jun 12, 2009 12:08 pm) |
|
|
Replying to: billsbuddie (Jun 12, 2009 12:08 pm) Edmunds TMV is an average. I'd try to go lower.
|
|
You are here:
Forums
Smart Shopper Got a Quick Question for a Car Dealer?
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
Browse by Board
Browse by Topic
Today's Chats
