
11-26-2007, 07:15 PM
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Instant Lease Quotes
Location: Cincinnati, OH
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Join Date: Mar 2005
Posts: 556
Mein Auto: M3 Convertible
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Quote:
Originally Posted by Atlantachap
1) When you pay tax, I assume you pay on what you are using. So it would be the Cap Cost - Residual. Is this correct? Because a dealer said I would pay tax on the depreciation as well as the interest, here in Georgia. In that case, there wouldn't be any benefit of paying the tax upfront vs. rolling the tax into the monthly payment.
2) Is the inception fee the same as the acquisition fee of $625?
Thanks,
Lee
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1) In GA you pay sales tax on the monthly payment, monthly. There is no option to pay it all up front.
2) Yes
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