Not bad, not bad 
Thanks! Funny you should mention NY Tax calculations. Actually, it’s not that complicated. I discovered that long ago and explained it to a Volvo dealer in Glen Cove. I’ve also posted it on LH under NY taxes. The explanation did not include a discussion on capped rebate taxes, only taxes on the total base payments since that was an issue at the time. I didn’t want to muddy the waters with other taxes. Here is my memo sent to Glen Cove some time ago…
According to the OP’s dealer WS, taxes on the sum of the base payments are paid upfront and not capped in the lease. Tax treatment on the rebate tax for some reason does not capture the NY tax special treatment in the WS. In fact, the only two fees capped are 1997 and 1776.50. I have no idea if they include the 2600 rebate tax. It doesn’t appear likely as both are less than 2600. And so, it doesn’t appear that special NY tax treatment was applied (i.e., tax on tax) by the dealer; otherwise, I would have caught it as it would have manifested itself in my calculations. I’ve manually calculated all the numbers as you can see in my post above.
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That’s not always the case. Nissan did not allow us to do this on one-pay.
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There’s no way that’s correct. He’s not paying an 8k one pay and then another 2k separately at signing.
I never said that… Here is what I said…
The 3098.64 tax is included in the one-pay of 8064.68 so it’s not in addition to… The 8064.68 is the only amount OP owes upfront. So, that tax is paid upfront (included in the one-pay). This does not include tax on the 26000 rebate. According to the WS, it’s not owed upfront, nor does it appear to have been capped. Sorry for any confusion.
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WHOA! I thought Audi allowed it. I did the same thing with GM Financial years ago and they allowed it. I’m surprised that Nissan doesn’t allow it. Is there a reason?
No idea. The GM tried and the broker tried. Maybe Audi allows it, I’m just saying that blanket statements rarely work.
I don’t believe I made a blanket statement. It was directed at Audi.
Here is my LH post regarding the calculation of NY sales tax in case you’re interested.
Do you know for a fact that Audi allows DAS + one-pay, or that trade-in equity CCR always is not taxed, or rebates are always taxed? You made blanket staments before, without technically saying “always”. Just saying.
It wasn’t really directed at anything specifically, in context you’re talking about an Audi deal, but you didn’t say specifically that this would only apply to an Audi or put any kind of disclaimer on that statement.
In this thread, I did not make a blanket statement. I know that Audi at one time did allow this. That was a year or so ago. However, if they still allow it, I would argue that it is not a true one-pay lease which might explain why some don’t allow it. There could be other reasons. Whether or not they allow it now, I can’t say for sure.
I was aware that some states do tax trade equity. I don’t keep up with the latest tax rules for every state except NY and Ohio. I have better things to do. However, I don’t want to mislead people either. So, perhaps I’ll reserve some of my comments regarding sales tax treatment.
Exactly!
Didn’t feel the need due to context. I was specifically addressing the OP and his Audi deal. Geez, give me a break.
Hey, you’re the one that likes to be especially accurate and specific… 
Yes, and I am (most of the time). What I said, sufficiently fulfills that expectation.
Thanks again for all the headaches, I mean help everyone.
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Hi Lag_Lag, don’t lag on signing this deal before someone else swipes it. Bad joke sorry. If this is effectively 673.72/month and there’s no other catch- you’re winning on this one.
The secret about one-pay math is that you could put this exact set of parameters into 3 of the top desking tools available, and come out with 3 slightly different payments.
Literally no two payments are the same using tools that dealers pay thousands per month for. I just ran it in three separate, professional, dealer level tools and got three separate one pay amounts.
The truth is that no one knows down to the penny what it should be, but as long as it funds, no one cares.
I 100% agree that technically one-pay is a one-pay and not a lump sum + DAS.
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I’m definitely all-in on the deal and already started the paperwork. I just wanted to make sense of some things just for educational purposes.