I highly recommend rolling the tax into the payments. You won’t get it back if anything happens to the car, even in a week, and then you’re out all that up-front. Also, if you decide to do a pull-ahead, you literally come out ahead because you’ve paid less tax. It’s about $38 a month. I’m getting out 4 months early, so I’m saving about $150 - about $5/mo. when amortized over the lease duration.
Yes and no, and there are a million threads on this (I’ve written some very detailed information in the forum). Would you rather pay what is literally a few dollars a month or risk losing it all? A tree can fall on the car in the first week, and NY WILL NOT refund the money.
The formula provided by NY actually charges tax on the rent charge, not tax on tax.
Seems like a solid deal. I looked at the XC 60 at more than one dealer and all were looking to give away the vehicles, UNTIL I moved to an R design, then they all told me the lease incentives change. Better pricing than I was being offered
Does this scenario apply to MSDs as well or do you still get those refunded if the car is totalled?
Edit:. Found the answer, gap insurance covers difference left so MSDs still get refunded. But if you put money down, that is gone since gap insurance is just covering what is still due. Sorry for off topic.