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Post subject: help! Im confused about taxes Posted: Tue Feb 17, 2009 6:55 pm |
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Joined: Tue Sep 18, 2007 10:11 pm Posts: 7
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Hi, thank you for your time. I have leased for 12 years and used to it- now for the first time I am twisted and confused.
What ALL things can they charge taxes on? My dealer told me that in addition to the normal taxes paid when calculating step 3 of a lease, you must also pay taxes on -aquiation fee, doc fees, etc and auto care Is this true? also-- after negotiating my lease, I wanted to pay for a lot of these fees up front, so I wanted to put 3k down for cap cost reduction, plus pay up front for auto care program, doc fees, aquistion fees, etc They ended up saying I had to pay 5k up front,and on my lease papers it said I paid a few thousand for taxes Then i get an email after 1 month of having my car that "the computer did not charge you for all the taxes on the lease and we need another $500. " I am now upset and confused-- this has never happened like this before. They even asked me for my credit card # over email to pay for it. can they do that? what all is taxed on a lease? thanks so so so much!
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Post subject: Re: help! Im confused about taxes Posted: Wed Feb 18, 2009 2:55 pm |
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Joined: Thu May 24, 2001 8:00 pm Posts: 3478 Location: Cincinnati, OH
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It can depend on the State you live in but generally anything you pay up front outside of the vehicle purchase price should NOT be taxable.
_________________ -Tarry Shebesta, OCLC Certified Lease Consultant Forum Moderator Compare Instant Lease Payments at www.LeaseCompare.com
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