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Smart Buy Questions

7 messages,  Last post on Aug 20, 2009 at 11:03 AM

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What is this discussion about? Car Buying, Car Financing, Car Leasing

Messages Page 2 of 2

#6 of 7 Not sure if that answers... by pa356228

Aug 20, 2009 (10:04 am)

Not sure if that answers my question, hopeing for more feedbacks, but I guess that works. Also, I do remember the car dealer (where I got my car from) saying with the Smart Buy, I can trade my car in for another vehicle and If I decided to trade my car in after 2 years of the lease (now, it's been almost 4 years) and how much money left on the lease will go toward another vehicle and will take the sales price and subtract the amount I still have left on my lease from my previous vehicle.
 
I think after the lease is up, I'll just buy a used vehicle and won't have to deal with anymore leases. That's the best way, I could think of. Anymore suggestions??

#7 of 7 Re: Not sure if that answers... [pa356228] by oldfarmer50

Aug 20, 2009 (11:03 am)

Replying to: pa356228 (Aug 20, 2009 10:04 am)
"...and subtract the amount..."
 
I would get any salesman's promises in writing before I did anything. Maybe I am not understanding what you were trying to say but I can't imagine any deal where they would SUBTRACT any costs when trading.
 
I forget what state you said you were in but if SB in your state is anything like in NY you should treat it exactly like a lease.
 
I seem to remember that when SB came here there was an outcry because sales tax was charged on the ENTIRE cost of the car rather than just the lease cost as was previously done. If this is true where you are you might look in to any sales tax rebate that is available to you at the end of your lease.

Messages Page 2 of 2

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