Fellow texans, how do you feel about leasing a vehicle in Texas?

Hey we dont pay any state income tax buddy. How do you make up for that?
Imagine arguing with a guy from California with the 100k as your annual income -> You save 10k$ every year!

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From what I’ve seen myself what you wrote rings true, the whole tax credits thing seems like it’s often used by dealers to make the deal happen for customers pushing hard on discounts. Almost like they have a reserve of them and the sales manager rations them out per month or something.

I agree. The initial offers I received from Houston dealers were way higher than my expectation (1% MSRP).
It will take obviously longer than other states to get a decent deal here.
I have a friend who works for Mercedes. He is very nice and really wants to make a deal with me. But the price is not even close.

How do you check for tax credits, Is it something you ask the dealer?

Yup pretty much.
Over time i built some contacts at the dealerships i mentioned above and a few others, either by visiting them or through mutual friends.

I just ask them to keep me in the loop if they plan to start giving tax credits any time of the year.
If you work with specific dealers, it is more likely they will reach out to you for repeat business whenever they have some corporate tax credit offers on leases.

Japanese car makers never do have them.

As mentioned above, you typically need a tax credit to get a deal. See below.

There are dealers who offer tax credits. You just need to find the right folks. I know park place will offer them if you force them to. I have always forced them into offering me one. Their Lexus Brand won’t offer on models like gx. Same is for acura. I recently got Acura to put tax credit and got a lease for first month down and deposit around 1100 with 428 a month on a base mdx which to me was the best deal when I got it a few months back. But not every dealership will offer tax credits. So like hackers do here, first find one that will get you the tax credit and then get them to negotiate msrp by bouncing their offer off to other dealership.

wish there’s a easy way to see when does which brand offering lease tax credit in Texas…

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There are Tax Credits this month on all 2018 Cadillac Sedans with the dealership I work with. Feel free to PM me if you are interested in a Cadillac. I work directly with the GSM and Sales Manager.
I am in the process of getting set up as a registered business here.

The Tax Credits usually are not advertised. You have to ask. Sometimes dealerships will only offer them last minute as a closing tool just when the customer is about to walk out…

November and December are good months for Tax Credits in Texas.

Hi Olman,

Thanks for the info, not interested in Sedans, but wagon or crossover will work. Otherwise, I’ll wait until the end of the year to check with you.

Thanks!

We have 3 XT5 Loaner Vehicles left. Just confirmed that we can offer tax credits on them…

what kind of deals on the XT5 loaners. Looking to lease either 24/36 mo.

Hello
The 24 month program will get you in the low to mid $600’s.
I just quoted a 36 month lease in the high $400’s.
10k miles per year. Just first payment due at signing.
Partial tax credit. It’s actually half. We dont have full this month. Are you in Dallas?

Hi Olman. I am in Dallas. When would you be expecting the full tax credits to become available, and what might the quote look like at that point?

Hello
We only have one XT5 Loaner left. MSRP is almost $50k
We dont expect any full tax credits on XT5 for 2018.

There are killer deals on the CT6 right now.

I will send you a PM here shortly.

Hi, what kind of deals do you have on the ct6’s?

I will send you a PM

what deals you have on CT6’s? can you please provide the details. thanks

Sending you a PM

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Hi, Could you also PM me what kind of deals you have on the CT6s or CTS? Do the sedans also get partial tax credit or full tax credit?