Re: 9-3 lease question (nitty gritty) - Saab NG900 & OG9-3 Bulletin Board - Saabnet.com
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Re: 9-3 lease question (nitty gritty)
Posted by amtsst (more from amtsst) on Fri, 1 Mar 2002 12:57:50
In Reply to: Re: 9-3 lease question (nitty gritty), Eric, Fri, 1 Mar 2002 09:44:24
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Eric hit most of the points exactly.
I would add: You mentioned an aftermarket 8-year warranty for a 3 year lease. Why would you do that???
I live in VA too and I"m guessing that you're working with International Motors in Falls Church. If I'm not mistaken, VA has a 3% tax on vehicles, not the 4.5% for retail purchases. The DMV website can provide more info. https://www.dmv.state.va.us/
My understanding was that the tax, license, tags, and first months payment were due at lease inception. In the event you go with a 'Zero-down' lease, you're still going to pay the tax, title, and tags. No way around it.
Clever, huh? you pay sales tax for an item which you do not own. (for example, you're paying the sales tax that Chase Manhattan owes to the state of Va) If you buy-out at the end of the lease, you will pay sales tax again to acquire it from the lessor (Chase).
posted by 162.70....
Posts in this Thread:
- 9-3 lease question (nitty gritty), DT, Fri, 1 Mar 2002 01:14:48
- 9-3 Best Choice - Lease, Mike Lynch , Sat, 2 Mar 2002 16:12:33
- Your forgot one other issue related to leasing ..., gatorcpa, Fri, 1 Mar 2002 13:53:41
- Re: 9-3 lease question (nitty gritty), Eric, Fri, 1 Mar 2002 09:44:24
- forgot one (warranty), DT, Fri, 1 Mar 2002 01:25:04
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