I heard today that Infiniti wants to push these harder than ever before cause of slow sales. Wonder how much is true.
Looks beautiful! 0 das?
Are you east coast or west coast? Any breakdown on the incentives (any loyalty or conquest money or is it just straight 3250 lease cash?)
Heâs paying tax on the payments, also seen in the calculator. The difference between $1,310 and $507 + tax is the license fees, doc fee, DMV electronic filing fee, and tire fee.
Relax, Iâm only going by what he posts. Tax is tax and he included it into DAS and separated from monthly payment. Whether heâs is confused or doesnât clearly understand breakdown is a different story.
Honestly- you need to relax a little. Youâve been jumping all over my posts with your criticism- itâs not appreciated. Itâs easy to read something and interpret it different ways, and it would be nice if you question a post first rather than implying somebody doesnât know what theyâre talking about. Just my impression. Iâve been spending a little time here to find out some things for myself and share my expertise, but quite frankly, your condescending know-it-all attitude has me ready to leave.
If you had looked at the lease calculation he had posted, you would have seen it was calculating payments with tax, which by the way, is the way leases work in CA. Iâve never seen pre-paid taxes on a CA lease in a lot of years- not once. Common sense would tell you that $1,310 wouldnât be enough, anyway. With all your experience here, youâd think youâd know that CA doesnât do leases with tax paid up front, or at least itâs extremely rare.
There is no criticism, Iâm just clarifying your misleading statements and replying to your questions. You are trying to wiggle your way out from your own statements, which I (and some others, BTW) pointed out to you. You obviously use some correct info, but without clear understanding on how some things work in real life. So, maybe you needed to add something like âin some casesâ or âmay goâ to your original statement that started this back and forth and to avoid misinterpretation: âThe rebates go against your drive-off, not your selling price, so they donât affect the payment, just the cash due at signing.â
I donât need to see whatâs in the LH calculator to figure out payments based on what OP posted in his last breakdown.
See, when you say stuff like âyour misleading statements,â thatâs where I have a problem. I can see that different states have different regulations and lease structures, I get that and have acknowledged that.
What I said was correct in CA, at least for Volvo, and I expect other makes as well. The rebates are supposed to be âcustomer facing,â meaning identified as rebates so the customer knows it and canât come back and say they didnât get theirs. CA wantâs to tax the rebates and have them credited after tax and license is added.
As I said before, if someone was putting in $4,000 to start a lease out of their pocket and there was a $1,000 rebate, the drive off section would show a total of $5,000. With $5,000 total drive off instead of $4,000, the payment will be lower, as more money will go to the cap cost reduction. What I was trying to say is if the rebate is used to reduce the customer cash, then the payment remains the same. It depends if the lessee wants to add the rebate to his own cash or use it to reduce his cash. Strictly speaking the rebate doesnât lower the payment if the lessee uses it to reduce their cash out of pocket. My main point is customers donât automatically take it as a cap cost reduction, which appears to be your preference. In CA, doing it your way will cause tax to be due on the cap cost reduction, increasing the cash due at signing.
Itâs not easy to be crystal clear with a brief post, and Iâm not interested in writing essays to avoid confusion and argument from members such as you. I would be happy to pick apart your posts like youâve been doing to mine if you like.
I also got 10% off of MSRP.
2018 Volvo XC90 T6 AWD MOM
MRSP: $61,835
Selling price: $55,213.59
39 month term with 15k miles per year: $764.10 AFTER taxes.
MF: 0.00085
RV: 52%
Due on signing: $1114.75
Why do you feel that you need to post in every Volvo thread?
I simply posted in one other thread, which the topic was about the Carvoy service.
You have two different accounts? Why? Also, this post was posted in the Marketplace, in a BROKERâs thread. If you want to share your deal - open your own thread in Share Deals.
@Akaletsky I just leased a car through Carvoy thanks to this thread, and saved $50/month (3 year lease) over what I thought was the best deal, while getting an equivalent car with a better color combo according to my wife.
MRSP: $61,835
Selling price: $55,213.59
39 month term with 15k miles per year: $764.10 AFTER taxes.
MF: 0.00085
RV: 52%
Due on signing: $1114.75
Not a good deal, sorry.
Wait⌠you are joking right?
Probably spammingâŚ
Given the MSRP, that is probably pricing on an S90, not that it makes it any less of an atrocity.
He posted in another broker thread, XC90. I moved it to the appropriate place.
The link I was responding to was regarding an XC90 so I thought it was understood, sorry!
Two accounts? I will move your post to Landfill.