Also if the deal is reasonable, thoughts on 7 MSD? Yea or not worth it? I think it drops it about $40/month so $1400 or so over life of lease but locks up $5k for 3 years (not a huge issue)
Right It should be 4.4% on the sale price. Also your personal property tax will be pretty high on a car with a sticker like this I’m guess $2500 a year.
that vehicle was leased? New or used? its all based on black book value I believe. The first 20 or 25K (can’t remember) of value is subsidized and then it gets expensive.
Not clear if the VA thread tag is where the OP lives or where the dealer is (or both).
If OP resides in NC (as DrUNC might suggest) then the tax is 3% on the payment amount, and the property taxes are way less than VA. $600/year on a 6-er sounds about right.
If OP resides in VA as the thread is tagged then the taxes are a whole different ballgame, as mentioned above.