Solid deal. Congrats!
1 Like
Mercedes GLE 450 4matic:
36,000 miles/ 3 years.
MSRP 78,100
Deal: Drive off $6000 and $998 including tax. Dealer also adding end of lease (first class lease protection valued at $7,000)
Do you think the is a good deal or more room for negotiation?
Signed this deal Mercedes GLE 450 4matic:
36,000 miles/ 3 years.
MSRP 79,100
Deal: Drive off $6000 and $998 including tax. Dealer also adding end of lease (first class lease protection valued at $7,000)
Do you think the is a good deal or more room for negotiation?
Hi Calvin,
Mercedes GLE 450 4matic:
36,000 miles/ 3 years.
MSRP 78,100
Deal: Drive off $6000 and $998 including tax. Dealer also adding end of lease (first class lease protection valued at $7,000)
Do you think the is a good deal or more room for negotiation?
Thank you
I know Teslaās have the cool factor with some people, but thatās way too much for a compact/midsize car. especially since it isnāt really a new car anymore.
For that kind of money I would find something better. I suspect that a decade from now youāll look back and say - What was I thinking ?
No, the car is insanely nice! Iām lease swapping because Iām moving back to Northern Virginia in a few months and was told Iād pay sales tax on the sale price of the car when I register it, plus they charge property tax every year on the assessed value. Looking to get a CPO X6M, GLE63 Coupe, or G550 myself.
I think BMW just doesnāt want people swapping leaseswhen there are so many sitting on the lot - or maybe all 8 people that applied were liars about their income and cred score 
You should look into that, because I donāt think youād have to as a new resident (whether you lived in Virginia prior to moving away is immaterial unless that away period is trivial). As someone moving from another state of domicile youād be a new VA resident. IANAA
Ironically youād definitely pay sales tax on the purchase youāre thinking of
No way around PPT either way AFAIK, so that shouldnāt sway your thinking
Looks like you are right about sales tax.
If you are titling your vehicle in Virginia for the first time and you hold a valid assignable title or registration issued in your name by another state or a branch of the United States Armed Forces, you will not have to pay the Motor Vehicle Sales and Use Tax. However, if you purchased the vehicle within the preceding 12 months, you must provide proof that the sales and use tax was paid elsewhere in order to be exempt in Virginia.
Vehicles | Virginia Department of Motor Vehicles
And yes, there is no way around property tax.
1 Like
Can always try to play the Montana LLC, if you want to risk it. Nova cracks down tho also on MD tags that havenāt been updated.
Not suggesting a very grey area of inter-state tax law, just saying itās an optionā¦if you arenāt afraid of getting popped and really hate ppt
Why suggest tax evasion, especially when no sales tax may be due?
@ursus @max_g Yeah, in Florida where I am now, you pay taxes only on the payments. So I guess I can get a discount on the few hundred dollars of taxes Iāve paid. Itāll definitely be within 12 months of getting it - I have to move for work. Sales tax is DEFINITELY due it seems like.
Iāve been on the phone with both BMWFS for hours and indirect contact with the Virginia DMV. Itās kind of ridiculous you pretty much need a tax lawyer to deal with this
So in my case, Iām paying 4.15% on ~$150k (estimated, I have no clue, maybe itās like 130k), the second I register it = $6225, plus personal property tax ($105k estimated value?) = $3825 according to a calculator. Thatās almost 10k on top of my payment of $1270/mo, insane!
Thereās no way Iām paying that to bring the M8, I have 2k of positive equity, Iām selling it within a month or so for a 2018-2019 CPO X6M (and paying tax of course) and calling it a day.
Hereās Virginia Beachās PPT calc, with 150k MSRP you may bee looking at 5k+ on PPT but likely mid 3ās to 4ās with VAās not so friendly depreciation algo. Insert the Welcome to Porsche Virginia meme
Exactly. The other alternative is that I find a place in DC instead of NOVA (Iām from the area) and buy a 2017-2018 āCPOā P100D Tesla with 0% tax/registration fees. I made $3k each on a 2015 Model S P90DL and a 2016 Model X P90DL that I had for 9 months each 
1 Like
The link that @Ursus posted, that sounds like any sales/use taxes paid to another state makes you exempt from VASUTā¦ you are implying it would be credited towards VASUT owed.
@max_g That doesnāt make sense, you could lease the car for 36 months in another state, make one payment in a state that taxes on the monthly and move to Virginia for the remaining 35 payments and pay 0 tax on the rest of the car? I doubt theyāre letting you get out of that, ya know?
Iām really curious if any other users on the forum have moved from a monthly state to a sale price tax state within the first year of their lease.
Thereās an entire profession dedicated to figuring out legal loopholes. You may have found one for free.
Not that it matters what other sales-price states do but Texas allows new residents to just pay a one-time $90 tax IIRC.
4 Likes
LMAO I like how you guys just took this post overā¦
Fair enough. Moved