I am looking at leasing my first BMW, a 2018 540i, I have read that the GA lease tax law changes Jan 1st 2018, in that the leasee will be taxed on the depreciation value not the sales price of the vehicle. If I order the car now (locked) with an anticipated delivery after Jan 1st (I...
I just joined the forum and am excited to learn more about Bimmers in the coming years!!
I just wanted to run a deal by the group.
Selling price - $39,800
MSRP - $46,645 (car went in service in Dec 2012)
Mileage - 5,250
Money factor - 0.00127
For a lease, I am unclear on whether certain items are taxable when computing sales tax on cap cost reductions in California:
1. Mission-to-Drive Credit?
2. Owner Loyalty Credit ($1000)?
3. Owner Loyalty .00030 Money Factor Reduction?
4. Acquisition Fee, if paid as part of drive-off charges...
I have a few questions about the sales tax details in a lease agreement. I believe that, on a previous lease, I may have overpaid because I was asked to pay sales tax on items erroneously included in "capitalized cost reduction."
I want to pay zero down payment on my next lease. I will pay the...
I ordered my 328i today, and I'm very excited! I want to thank everyone on this forum for all the previous posts which helped me solve which options I really wanted and which I could live without! Posts on this forum have been incredibly informative and sometimes silly, but I really feel like...