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As far as using a trade's ACV as gross cap cost reduction, I believe you would not pay the sales tax on the trade's ACV. All you have done is reduced the net cost of the lease by the value of the trade. The same would be true if you used the ACV of the trade to acquire a "one pay" lease - prepaying the total cost of the lease.
The best way to determine the credit of the sales tax against the lease cap cost reduction is to check with the dealership. If there is s balance owed on the car, then the amount owed could not be used to reduce the cost of the lease which means it would be taxable.
2021 Genesis G90
I think I'd trade hanging onto a tree during a hurricane in Florida to shoveling that!
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
Driver, what does a BMW motorcycle have to do with a Mercedes 230E Sedan?
2021 Genesis G90
I am tempted to boast that I'm glad to be retired and not have to mess with it, except that tomorrow I am supposed to drive to New Brunswick, usually about a 4-5 hour trip. The weather is not supposed to change much. New Brunswick does a better job of handling winter roads than Nova Scotia generally, but I am still a bit nervous.
2017 Cadillac ATS Performance Premium 3.6
2014 Malibu 2LT, 2015 Cruze 2LT,
I went on mwendlandts post...which I don't see any more....I followed the link, and it led me to a picture of a motorcycle. I assumed that's what he had sold, but, if I had thought about it Mercedes doesn't have motorcycles as far as I know. Besides that bike seems to have a bmw badge on it.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
"That was totally retarded on his part. He did damage to the wiring that will be costly to repair. It has connectors where he could have disconnected the wiring OR he could have pulled the fuse for the horn. It's right there in a fuse block under the hood."
Under normal circumstances, I would agree with you. But this lady has been warned 4 times in the past few weeks to have her horn and electrical system repaired because her horn goes off so frequently, usually between 1:00 and 5:00 AM, waking the whole building up. She refuses to repair her car and because she is so hard of hearing, she never heard it go off.
There are times when in spite of reasoning with people and handling matters professionally and appropriately, some people do not respond appropriately. Imid, at what point is it necessary to force the issue? In this case, she stubbornly refused to fix her car in spite of knowing security has been called numerous times with no response from her. She is wealthy, and drives a car. There is no excuse for her to be so smug and non-responsive.
2021 Genesis G90
2014 Malibu 2LT, 2015 Cruze 2LT,
Unfortunately they do not. If you consider how inexpensive it would be to have the problem fixed by a mechanic at Buick, one wonders why she is so obstinate about repairing it knowing full well she is disrupting the lives of her neighbors, not to mention all these emergency calls to security at ungodly hours. I spoke to her last week about the problem and she responded that she would have it fixed when she got around to it. Other unit owners have also spoken to her with the same response.
Sometimes, ya just gotta do what ya gotta do!
2021 Genesis G90
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
The Police arrived and I informed them of my side of the story and indicated to the officer that in my opinion, there is definitely something wrong with this lady - psychologically. Her accusations were incredulous not to mention false. I told him to pull the security tapes and view what actually happened. I told the officer that when she cursed at me, I called her an [non-permissible content removed] and I could tell by her attitude and demeanor that she was "wacko"!
He kind of agreed with that statement, but he said he is forced to respond to a complaint like that. He took my driver's license, asked for my cell phone number, and told me he was satisfied with my account of what took place. He said he had seen Dad and me walking the mall just about every day, and security vouched for the fact that were were frequent visitors to the mall, etc.
This is an example of the fact that there are more sick people walking the streets and malls of America than are being treated in psychiatric centers across the country. You never know what or who you will run into (no pun intended) on a daily basis in this country. Innocent people are accused of many things and some are even beheaded on their way to school or work by fanatics. Who knows what kind of person this was, but she was definitely not working on all 8 cylinders.
Can you imagine what would have happened if she acted more sanely when interviewed by the police? I could have been arrested for aggravated battery. As for the security tapes, they told me there were no cameras in that area, so they could not access tapes to show what actually happened. Of course, my Dad vouched for me regarding the incident since I almost knocked him down as I was forced to quickly jog to my left to avoid running into her. I guess it take all kinds. I can assure you I will be more alert and defensive when I walk in that mall again.
2021 Genesis G90
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
2021 Genesis G90
This is the specified month to be thankful, and I am.
But...MAN, could that heavy car ever MOVE! I think it could have burned rubber for a solid block or more. Never tried that though!
They had a huge body shop that was always busy!
Yep - my life is certainly not "hum-drum"! I'd give almost anything to have a peaceful couple of months - I'm not asking for much, am I?????
2021 Genesis G90
Not anymore. Too many nutcases out there and too many guns.
Mine: 1995 318ti Club Sport; 2020 C43; 2021 Sahara 4xe 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i; 2018 330i xDrive
2013 Mustang GT, 2001 GMC Yukon Denali
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Mine: 1995 318ti Club Sport; 2020 C43; 2021 Sahara 4xe 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i; 2018 330i xDrive
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
Yep - my life is certainly not "hum-drum"! I'd give almost anything to have a peaceful couple of months - I'm not asking for much, am I?????
Chinese curse: May you live in interesting times.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
I doubt it, OF. Even the police who interviewed her were of the mind that she wasn't all there.
2021 Genesis G90
There are some weird people around, and Florida sure gets it fair share. Especially the people who make right turns down here, and take about 2 1/2 hours to do it.
I was parked at Costco yesterday, and when we came out there was an E350 on each side of me. What are the odds....the other owners must have parked there knowing what they were doing.
I found another feature I like. When you get out and lock the door (by pressing the door handle) the mirrors fold in.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
"I'm 70 years old. Leave me the hell alone"
The automatic self-folding side view mirrors are a brand new feature on the E Class this year. Great feature when you are parking down here in Florida since we have almost no parallel parking and everything is "pull-in-forward" type parking. The left side view mirror on my CLS 550 has a scratch on the bottom from a door hitting it when I was parked.
I was up to the dealership this morning for a car wash and they looked up the status of the E400. It has been assigned to a ship and has no ETA listed on it as yet. One of the sales managers told me that once it is assigned to a ship, it usually takes 2 weeks to get from Germany to Georgia. Since the car is a Priority 1 vehicle, it will be processed immediately after coming off the ship and then assigned to a transporter. His guesstimate for arrival at the dealership is the 7th of December, give or take 3 days. We shall see.
2021 Genesis G90
I can proudly state that today had absolutely no "drama" in it. I've decided to start counting the days of "0" drama experiences instead of those with drama. A kind of "glass is 1/2 full" rather than "glass is 1/2 empty" approach. Let's see how the rest of the month goes.
2021 Genesis G90
It starts to look a lot like Christmas...
2018 430i Gran Coupe
I've never been up to the Brunswick, GA port of entry for Mercedes Benz. So, I decided to look up Brunswick, GA Merccedes Benz USA on Google Earth which gives a satellite view of just about any place on the earth.
It zoomed in on what looked to be an office complex. I then zoomed in further as I moved the mouse a bit north and east (less than 1/10 of a mile) and there was this humongous terminal showing a couple of ships and what looked like thousands of cars and transports loading cars. The place must be more than a mile square in area. It is actually a 1/2 mile south-southwest of Brunswick. I thought the Lexus and Toyota facility near Jacksonville was big, but this is gigantic in comparison. The site is just east of I-95.
Mercedes does not import SUV's or the C Class any longer from Germany and all are now produced in the U.S.A., which is located in Vance, Alabama - another huge complex. I wonder how long it will be before they start producing the E Class here in the U.S.A. The E Class is their biggest seller, worldwide.
2021 Genesis G90
Mine: 1995 318ti Club Sport; 2020 C43; 2021 Sahara 4xe 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i; 2018 330i xDrive
A friend of mine moved down here from a northern NJ city because it seemed life wasn't working there. Unfortunately she brought along the problem. Her now ex-husband, She's been here a couple of decades now and has adapted better to the locals than I have!
The glass may be too big.
2021 Genesis G90