I hope I can explain this clearly enough. I worked out a deal with a dealer for a 2024 QX60 luxe. As part the deal, I am paying all up front fees and taxes.
When I got the term sheet, I noticed that the fee/taxes payment amount I agreed to pay upfront is being applied to the vehicle price, and the fees/taxes are being capitalized.
It does not change the monthly payment at all, and in my mind it doesn’t make a difference… but I’m wondering if there is an issue with this that I am not seeing. I’m attaching a photo of the original deal, and then the term sheet they sent me.
Do not sign anything until you complete a calculator and have a basic understanding of the deal. For example, are you be able to determine if this is a fair deal or not? If you cannot answer that you shouldn’t be entering into a contract.
Hey @zaimer - I did run the calculator, and am happy with the deal. I’m just asking if it matters if the due at signing we agreed to is applied to the fees or the vehicle price - in my mind, it makes no overall difference what is being capitalized (fee or vehicle price), but asking if there is something I’m missing. Thanks for the help
With the exception of some weird corner cases with how taxation of fees changes if theyre capitalized or not in very specific circumstances, it makes no difference.
But leasehacking requires selecting the product depending on what conditional rebates one qualifies for. Without Infiniti loyalty and MSD, the QX60 is a poor value.
