The part I find odd is that they request that info even though they can see that on the order. In any case, I have it in a Word doc that I just copy and paste as soon as I open the chat.
Hi. Just checking on build status of my order. My Name. My Address. My Email. VON: xxxxx VIN: xxxxx
Exactly. I can understand wanting to verify to a point, but Iâve had representatives that will force everything⌠address, email, phone number, name, etc. This is AFTER you already had to submit the information to initiate the chat. There is room for improvement, for sure.
The bright side, at least we have to ability to access a chat versus pulling teeth with the dealer for an update.
Itâs crazy that they donât have their software team focus on automating the status check, but it might be a less popular request than I imagine. Seems like it wouldnât be that difficult to have a system access the status and display it after we enter our original information on the initial page. But also the HAâs are still broken on the builder so there is that
Texas pays 6.25% tax on the selling price of the vehicle which is absurd honestly.
To confound the absurdity, unless your lease comes with a conditional purchase agreement or a âmust purchaseâ clause, if you wanted to buy out the vehicle you pay tax on the value at that time. So essentially you get taxed 150% on a lease if you want it after your terms are up.
Itâs easier to think of taxes as a fee in this situation. It must be paid regardless and is paid at lease inception by the bank youâre leasing through.
If you rolled the taxes into the monthly, the bank lends you extra money on top of what your lease cost is, and you capitalize that tax into your monthly payment.
If you pay taxes upfront, youâre essentially choosing to pay it via a down payment and are risking that money in the event of a total loss.
I donât really see a problem with paying taxes upfront cause youâre getting charged interest on tax (gross) but itâs really up to your risk tolerance.
I still have yet to order one of these, but paying ~3500 upfront verses ~$100 a month Iâm going with option 2
I would like to note that behind the scenes, a bunch of us Texas hackers worked on going through a vast majority of dealerships in the state and werenât able to replicate anything close to the broker deals, even considering a Texas dealer could qualify for a tax credit and the $2500 Texas EV rebate. I think the math works out in a Texas dealerâs favor if you can get 1% off invoice and the other benefits but wasnât worth the headache.
In terms of profit for a flip, I think to be safe youâre gonna want to just take about $4k off the profits of what others are posting and decide if you still want to take a stab at it. Iâve been on the fence for about 6 months and with affiliate being back, I think thereâs at least $3k still to be made on the right build and lucky buy price from CarMax. Worst case, Stellantis blocks 3rd party buyouts, you get double taxed and prolly lose a grand or two.
TL;DR: if youâre in Texas, go through a broker unless you can get >1% off invoice and plan on keeping. Consider making about $4k less than others in the event of a flip