Edmunds Members - Cars and Conversations (Archived)

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  • ventureventure Member Posts: 3,075
    ronsteve said:

    kyfdx said:

    driver100 said:

    stickguy said:

    they already started surcharging EVs on the registration in some states to replace the gas taxes.

    Ohio has a $100 charge for hybrid vehicles and $200 charge for EVs when car is registered annually.
    ....a once a year payment compared to:
    The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. Proceeds from the tax partly support the Highway Trust Fund.

    That 18 and 24 cents a gallon must add up to a lot more than $200 a year!

    So it means ICE cars are subsidizing EVs and making the cost of owning an EV seem to be less than it is.
    Then, you could say the same thing about diesel trucks or Escalades subsidizing Honda Civics. Whoever uses more fuel pays more tax.
    Thing is, the diesel trucks and Escalades do a lot more damage to the roads than Honda Civics. If we're going to detach vehicle taxes from fuel usage, there needs to be a weight component.
    Diesel trucks (assuming pickups) and SUVs are basically ignored in pavement design. Damage to roads and bridges comes from axel load calculations for various heavy vehicles such as tractor trailers, dump trucks, and tri-axles. Tri-axles are the worst.

    2025 Forester Limited, 2024 Subaru Legacy Sport

  • oldfarmer50oldfarmer50 Member Posts: 23,475

    driver100 said:

    stickguy said:

    they already started surcharging EVs on the registration in some states to replace the gas taxes.

    Ohio has a $100 charge for hybrid vehicles and $200 charge for EVs when car is registered annually.
    ....a once a year payment compared to:
    The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. Proceeds from the tax partly support the Highway Trust Fund.

    That 18 and 24 cents a gallon must add up to a lot more than $200 a year!

    So it means ICE cars are subsidizing EVs and making the cost of owning an EV seem to be less than it is.
    Well lets do the math, shall we? $200/$0.184 = 1,086.96. So you have to buy 1,086.96 gallons of gas to pay $200 in tax on gas to pay into the highway trust fund. Say you average 20 MPG that 1,086.96 gallons will take you almost 22,000 miles. Far more than the 12 to 15,000 miles the average driver drives in a year.

    So I would say that the ICE cars are not subsidizing EV's.
    Ohio's gas tax is 38.5 cents per gallon. So that needs to be recalculated.
    Don’t forget sales tax. In NY that’s about another 14 cents.

    2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible

  • driver100driver100 Member Posts: 32,271
    jmonroe1 said:

    @driver100 said:

    Taxes aren't fair....in fact when they first came to be they were supposed to be temporary....ha ha.

    But, it is really unfair to pay a yearly fee of $200, when ICE drivers are paying....according to JMonroe 61 cents a gallon in taxes. The EV owners are getting a free ride, so to speak.

    And to say EVs should get a break because they pollute less is debatable....no one mentions the kids who dig out lithium, or disposing of old batteries, or that a lot of electric power is made with fossil fuels.

    This won't intrude on someone's privacy. A meter that attaches to the charging port in the car...the amount of electricity that goes into the car is calculated, and an additional charge of 61 cents for every 30 miles traveled is charged. :)

    ————————————————
    @driver100 for president.

    Just for your info, that 61 cents a gallon tax in PA is on top of the fed tax of almost 20 cents a gallon. You do the math, that would make me sick if I did it. :'(

    jmonroe

    Thanks for bac
    kyfdx said:

    driver100 said:

    kyfdx said:

    driver100 said:

    stickguy said:

    they already started surcharging EVs on the registration in some states to replace the gas taxes.

    Ohio has a $100 charge for hybrid vehicles and $200 charge for EVs when car is registered annually.
    ....a once a year payment compared to:
    The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. Proceeds from the tax partly support the Highway Trust Fund.

    That 18 and 24 cents a gallon must add up to a lot more than $200 a year!

    So it means ICE cars are subsidizing EVs and making the cost of owning an EV seem to be less than it is.
    Then, you could say the same thing about diesel trucks or Escalades subsidizing Honda Civics. Whoever uses more fuel pays more tax.
    Not exactly. Everyone should contribute their fair share of taxes, especially taxes that pay for roads and highways. If you choose to drive a bigger car or a car that uses more fuel, you should pay extra for that privilege, like a luxury tax only an extra charge because you want to drive a larger or faster car....that happens to use more fuel.

    But EV drivers want to drive on highways ICE drivers are paying a much larger portion of the bill for.
    By that "logic", ICE drivers should pay a bigger share, as they are burning fossil fuels that could harm the environment. They could choose to drive EVs, as well. Which makes as much sense as putting a luxury tax on Escalades.
    Using that logic, people who weigh more and use up more natural resources such as food and oxygen should pay higher taxes too. People who are more ecologically responsible should pay less! :)

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • ab348ab348 Member Posts: 19,717
    ronsteve said:


    Thing is, the diesel trucks and Escalades do a lot more damage to the roads than Honda Civics. If we're going to detach vehicle taxes from fuel usage, there needs to be a weight component.

    That would be another losing point for electrics, as they are much heavier than ICE vehicles.

    2017 Cadillac ATS Performance Premium 3.6

  • houdini1houdini1 Member Posts: 8,338
    edited June 2023

    driver100 said:

    stickguy said:

    they already started surcharging EVs on the registration in some states to replace the gas taxes.

    Ohio has a $100 charge for hybrid vehicles and $200 charge for EVs when car is registered annually.
    ....a once a year payment compared to:
    The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. Proceeds from the tax partly support the Highway Trust Fund.

    That 18 and 24 cents a gallon must add up to a lot more than $200 a year!

    So it means ICE cars are subsidizing EVs and making the cost of owning an EV seem to be less than it is.
    Well lets do the math, shall we? $200/$0.184 = 1,086.96. So you have to buy 1,086.96 gallons of gas to pay $200 in tax on gas to pay into the highway trust fund. Say you average 20 MPG that 1,086.96 gallons will take you almost 22,000 miles. Far more than the 12 to 15,000 miles the average driver drives in a year.

    So I would say that the ICE cars are not subsidizing EV's.
    Can you also wish/calculate away the $7500.00 tax rebate? 95% of taxpayers drive ICE cars.

    2013 LX 570 2016 LS 460

  • sdasda Member Posts: 7,243

    As the TL is kept outside, every 4-6 months the headlights s
    tart getting weathered. I polished them today and what a nice difference. You can see the styling details inside the headlamp enclosure.

    2021 VW Arteon SEL 4-motion, 2018 VW Passat SE w/tech, 2016 Audi Q5 Premium Plus w/tech

  • jmonroe1jmonroe1 Member Posts: 8,482

    @houdini1 said:
    Can you also wish/calculate away the $7500.00 tax rebate? 95% of taxpayers drive ICE cars.

    ————————————————
    I was waiting for someone to bring that up. If I did it I’d be accused of pilling on to make my point.

    The government is famous for giving away money to support what they feel is a good cause. Like it’s their money that’s being given away and us taxpayers are just innocent bystander. And people wonder why I cheat on my taxes.

    jmonroe

    '15 Genesis Ultimate just like jmonroe's.
    '18 Legacy Limited with 3.6R (Mrs. j's)
  • jmonroe1jmonroe1 Member Posts: 8,482

    @sda said:
    As the TL is kept outside, every 4-6 months the headlights s
    tart getting weathered. I polished them today and what a nice difference. You can see the styling details inside the headlamp enclosure.

    ————————————————
    That looks good but it’ll never be noticed when you’re going 80 MPH.

    jmonroe

    '15 Genesis Ultimate just like jmonroe's.
    '18 Legacy Limited with 3.6R (Mrs. j's)
  • snakeweaselsnakeweasel Member Posts: 19,479
    jmonroe1 said:

    @snakeweasel said:

    Well lets do the math, shall we? $200/$0.184 = 1,086.96. So you have to buy 1,086.96 gallons of gas to pay $200 in tax on gas to pay into the highway trust fund. Say you average 20 MPG that 1,086.96 gallons will take you almost 22,000 miles. Far more than the 12 to 15,000 miles the average driver drives in a year.

    So I would say that the ICE cars are not subsidizing EV's.

    ————————————————

    But, you are only calculating the federal tax. Based on the total tax on gas in PA (rounded to 80 cents per gallon) once an EV owner drives more than 5K miles per year in PA, (averaging your stated 20 miles per gallon), he is being subsidized by ICE owners.

    I did a quick check of the total gas tax in Illinois and it’s around 70 cents per gallon. If 70 cents is correct and using the same parameters used above, an ICE owner in Illinois is subsidizing an EV owner once the EV owner drives more than 5,700 miles per year.

    Based on a $200 EV registration cost in PA and Illinois, ICE owners in PA would be more philanthropic than ICE owners in Illinois but you guys are still doing pretty good on the philanthropic curve. In other words you guys ain’t exactly cheap.

    jmonroe


    The question then becomes how much of that 70 cents per gallon goes into the highway trust fund. In Illinois a lot of that extra tax goes into the general fund as they are excise, sales and other taxes.

    2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D

  • tjc78tjc78 Member Posts: 16,357

    @sda said:
    As the TL is kept outside, every 4-6 months the headlights s
    tart getting weathered. I polished them today and what a nice difference. You can see the styling details inside the headlamp enclosure.

    Looks great. Dull, faded headlights can make a car look like it’s in poor shape no matter how nice the rest is.

    2023 Mercedes EQE 350 4Matic / 2022 Ram 1500 Bighorn, Built to Serve

  • driver100driver100 Member Posts: 32,271
    edited June 2023

    jmonroe1 said:

    @snakeweasel said:

    Well lets do the math, shall we? $200/$0.184 = 1,086.96. So you have to buy 1,086.96 gallons of gas to pay $200 in tax on gas to pay into the highway trust fund. Say you average 20 MPG that 1,086.96 gallons will take you almost 22,000 miles. Far more than the 12 to 15,000 miles the average driver drives in a year.

    So I would say that the ICE cars are not subsidizing EV's.

    ————————————————

    But, you are only calculating the federal tax. Based on the total tax on gas in PA (rounded to 80 cents per gallon) once an EV owner drives more than 5K miles per year in PA, (averaging your stated 20 miles per gallon), he is being subsidized by ICE owners.

    I did a quick check of the total gas tax in Illinois and it’s around 70 cents per gallon. If 70 cents is correct and using the same parameters used above, an ICE owner in Illinois is subsidizing an EV owner once the EV owner drives more than 5,700 miles per year.

    Based on a $200 EV registration cost in PA and Illinois, ICE owners in PA would be more philanthropic than ICE owners in Illinois but you guys are still doing pretty good on the philanthropic curve. In other words you guys ain’t exactly cheap.

    jmonroe

    The question then becomes how much of that 70 cents per gallon goes into the highway trust fund. In Illinois a lot of that extra tax goes into the general fund as they are excise, sales and other taxes.
    ----------------------------------------------------------------------------------------------------------------------------------------------

    It's still tax revenue that ICE drivers are paying....while the EV guys get away with a $100 payment with unlimited mileage. No wonder they cost less to drive. Once more people have EVs the tax on electricity will skyrocket.......for now it makes it seem that EVs are less costly to operate than they are.

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • driver100driver100 Member Posts: 32,271
    I saw one of these today. It looks huge in real life, especially the overhang behind the front wheel. It looks great in black, and I like the smooth lines and the enormous windows.

    1996 Impala.

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • tjc78tjc78 Member Posts: 16,357

    They are pretty collectible and command a decent price these days.

    2023 Mercedes EQE 350 4Matic / 2022 Ram 1500 Bighorn, Built to Serve

  • driver100driver100 Member Posts: 32,271
    I'd like one.....I'd be like the king of the road :D

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • jmonroe1jmonroe1 Member Posts: 8,482

    jmonroe1 said:

    @snakeweasel said:

    Well lets do the math, shall we? $200/$0.184 = 1,086.96. So you have to buy 1,086.96 gallons of gas to pay $200 in tax on gas to pay into the highway trust fund. Say you average 20 MPG that 1,086.96 gallons will take you almost 22,000 miles. Far more than the 12 to 15,000 miles the average driver drives in a year.

    So I would say that the ICE cars are not subsidizing EV's.

    ————————————————

    But, you are only calculating the federal tax. Based on the total tax on gas in PA (rounded to 80 cents per gallon) once an EV owner drives more than 5K miles per year in PA, (averaging your stated 20 miles per gallon), he is being subsidized by ICE owners.

    I did a quick check of the total gas tax in Illinois and it’s around 70 cents per gallon. If 70 cents is correct and using the same parameters used above, an ICE owner in Illinois is subsidizing an EV owner once the EV owner drives more than 5,700 miles per year.

    Based on a $200 EV registration cost in PA and Illinois, ICE owners in PA would be more philanthropic than ICE owners in Illinois but you guys are still doing pretty good on the philanthropic curve. In other words you guys ain’t exactly cheap.

    jmonroe

    The question then becomes how much of that 70 cents per gallon goes into the highway trust fund. In Illinois a lot of that extra tax goes into the general fund as they are excise, sales and other taxes.
    ————————————————
    Please don’t get me started about where the gas tax goes because here in PA it sure as hell isn’t all spent on roads. If it was, with the gas tax as high as it is here, we’d have the best roads in the country but we don’t… not even close.

    And don’t get me started on all the other taxes we have and how much we get our money’s worth from them.

    Ya know, come to think of it, I think you changed the subject just to get me started on taxes. :#:#

    jmonroe
    '15 Genesis Ultimate just like jmonroe's.
    '18 Legacy Limited with 3.6R (Mrs. j's)
  • jmonroe1jmonroe1 Member Posts: 8,482
    driver100 said:

    I'd like one.....I'd be like the king of the road :D

    ————————————————
    I think you have this fantasy that if you feel like the king of the road you’d have women chasing you around. You can’t fool us we’ve seen you in your horizontally striped shirt. B)

    jmonroe
    '15 Genesis Ultimate just like jmonroe's.
    '18 Legacy Limited with 3.6R (Mrs. j's)
  • driver100driver100 Member Posts: 32,271
    edited June 2023
    jmonroe1 said:

    driver100 said:

    I'd like one.....I'd be like the king of the road :D

    ————————————————
    I think you have this fantasy that if you feel like the king of the road you’d have women chasing you around. You can’t fool us we’ve seen you in your horizontally striped shirt. B)

    jmonroe
    Not true. My wife married me when I had lost my real job (after 16 years) and I had a crappy job and a crappy car...a Cavalier. On our first date which was a walk through the neighborhood, I asked if she wanted to go out for dinner she said lets get a pizza and take it to your place......all the others wanted to go to a fancy restaurant.
    So would I switch to someone who is interested in me now.......and besides, I would lose half of all my possessions, maybe even lose the E!

    But I noticed you were intrigued with the chick magnet black Altima. They probably felt sorry for you.

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • imidazol97imidazol97 Member Posts: 27,448
    edited June 2023
    driver100 said:

    I saw one of these today. It looks huge in real life, especially the overhang behind the front wheel. It looks great in black, and I like the smooth lines and the enormous windows.

    1996 Impala.

    At some carshow/cruise-in recently I saw an Impala wagon like this. Beautiful, other than
    the wheels weren't original. Bah.

    Usually it's the Buick wagons of this generation at car shows along with maybe an Olds.

    To make this post longer... When I see one of these Chevies, I recall a girl who drove one to high school. I was picking up my son after school daily and she started to pull out in front of a slow moving car. She slammed on the brakes when she saw the car. The Caprice poirpoised like a whale.
    The softness of the suspension was dramatic.

    2014 Malibu 2LT, 2015 Cruze 2LT,

  • driver100driver100 Member Posts: 32,271
    edited June 2023
    @imidazol97
    The wagons came out looking really nice too!
    That's when cars were really cars!
    Check out the huge glass area too.....and maybe that overhang behind the rear wheel.


    A Caprice model
    One thing too....I owned an 84 Celebrity but I got a company 86 Olds Cierra, same frame etc but the Cierra sure drove and steered a lot better.

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • oldfarmer50oldfarmer50 Member Posts: 23,475
    I was working the airport today and we happened upon these two beauties:




    They are on tour at the airport until June 18th. The last few flying aircraft of their kind.

    You can take a ride for as little as $600 although the prime bombardier seat cost $1800.

    2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible

  • roadburnerroadburner Member Posts: 17,829
    edited June 2023
    Diamond Lil and Fifi...
    My first assistant's father flew the B-24. My father was going to be a B-24 bombadier until a college knee injury flared up and he was given an honorable discharge.
    I always wanted to fly in a B-29. I was especially fascinated by the remote control gun turrets- the computerized central fire control system(kind of the first video game):

    Mine: 1995 318ti Club Sport-2020 C43-2021 Sahara 4xe-1996 Speed Triple Challenge Cup Replica
    Wife's: 2015 X1 xDrive28i
    Son's: 2018 330i xDrive

  • roadburnerroadburner Member Posts: 17,829
    edited June 2023
    Sadly, the CAF lost a B-17G Flying Fortress and a P-63F Kingcobra -and all six crew members- in a midair collision last November in Dallas. The culprit was an inexperienced/incompetent air boss.

    Mine: 1995 318ti Club Sport-2020 C43-2021 Sahara 4xe-1996 Speed Triple Challenge Cup Replica
    Wife's: 2015 X1 xDrive28i
    Son's: 2018 330i xDrive

  • SonOfSaulSonOfSaul Member Posts: 28
    edited June 2023

    HELP NEEDED FOR LEASE TERM MATHEMATICIAN:

    Hello,

    I am looking to lease a vehicle and have an excel spreadsheet to plug the financial information into (found online years ago).

    I just noticed some of the formulas/cells were not populating the correct data. I fixed it (I think), but I need someone who understands and can check my work to confirm I have it correct.

    MSRP: $26710
    Down Payment: $2,000
    Lease Term: 12k miles / 36 months
    Residual Value: 60%
    Money Factor: .00272

    Please and thank you!

  • qbrozenqbrozen Member Posts: 33,298
    SonOfSaul said:

    HELP NEEDED FOR LEASE TERM MATHEMATICIAN:

    Hello,

    I am looking to lease a vehicle and have an excel spreadsheet to plug the financial information into (found online years ago).

    I just noticed some of the formulas/cells were not populating the correct data. I fixed it (I think), but I need someone who understands and can check my work to confirm I have it correct.

    MSRP: $26710

    Down Payment: $2,000

    Lease Term: 12k miles / 36 months

    Residual Value: 60%

    Money Factor: .00272

    Please and thank you!

    Need more input. Is that actual down payment or is that "due at signing"? What about taxes, dealer fee, acquisition fee, government fees? Any discount off MSRP? Any incentives? There is a free calculator on leasehackr.com that works pretty darned well. Just make sure you change all the defaults to the correct numbers and add all those variables I asked about above. I have my own spreadsheet calculator, but it is very much NJ specific, as your should be specific to your state.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • jmonroe1jmonroe1 Member Posts: 8,482
    qbrozen said:

    SonOfSaul said:

    HELP NEEDED FOR LEASE TERM MATHEMATICIAN:

    Hello,

    I am looking to lease a vehicle and have an excel spreadsheet to plug the financial information into (found online years ago).

    I just noticed some of the formulas/cells were not populating the correct data. I fixed it (I think), but I need someone who understands and can check my work to confirm I have it correct.

    MSRP: $26710

    Down Payment: $2,000

    Lease Term: 12k miles / 36 months

    Residual Value: 60%

    Money Factor: .00272

    Please and thank you!

    Need more input. Is that actual down payment or is that "due at signing"? What about taxes, dealer fee, acquisition fee, government fees? Any discount off MSRP? Any incentives? There is a free calculator on leasehackr.com that works pretty darned well. Just make sure you change all the defaults to the correct numbers and add all those variables I asked about above. I have my own spreadsheet calculator, but it is very much NJ specific, as your should be specific to your state.
    ————————————————
    I have never leased a car nor do I ever plan to. So, I’m obviously dumb about the terms used. What is the difference between a “down payment” and “due at signing”? I’m guessing it could be taxes but that’s just my ignorant guess.

    jmonroe
    '15 Genesis Ultimate just like jmonroe's.
    '18 Legacy Limited with 3.6R (Mrs. j's)
  • qbrozenqbrozen Member Posts: 33,298
    jmonroe1 said:


    I have never leased a car nor do I ever plan to. So, I’m obviously dumb about the terms used. What is the difference between a “down payment” and “due at signing”? I’m guessing it could be taxes but that’s just my ignorant guess.

    jmonroe

    Taxes and all fees, yes. When dealers/manufacturers/advertising companies refer to "down payment," they are meaning a payment toward cap cost reduction separate from all taxes and fees.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • kyfdxkyfdx Moderator Posts: 253,631
    qbrozen said:

    jmonroe1 said:


    I have never leased a car nor do I ever plan to. So, I’m obviously dumb about the terms used. What is the difference between a “down payment” and “due at signing”? I’m guessing it could be taxes but that’s just my ignorant guess.

    jmonroe

    Taxes and all fees, yes. When dealers/manufacturers/advertising companies refer to "down payment," they are meaning a payment toward cap cost reduction separate from all taxes and fees.
    Or, it can mean whatever they want it to mean.

    @jmonroe1 Due at Signing also includes the first payment. When you rent, you pay in advance.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • jmonroe1jmonroe1 Member Posts: 8,482
    kyfdx said:

    qbrozen said:

    jmonroe1 said:


    I have never leased a car nor do I ever plan to. So, I’m obviously dumb about the terms used. What is the difference between a “down payment” and “due at signing”? I’m guessing it could be taxes but that’s just my ignorant guess.

    jmonroe

    Taxes and all fees, yes. When dealers/manufacturers/advertising companies refer to "down payment," they are meaning a payment toward cap cost reduction separate from all taxes and fees.
    Or, it can mean whatever they want it to mean.

    @jmonroe1 Due at Signing also includes the first payment. When you rent, you pay in advance.
    ————————————————
    Leave it to a bank to write the rules in their favor, then insist on getting their money up front. I’ll be going to a restaurant tonight but I won’t have to pay until after I eat.

    jmonroe
    '15 Genesis Ultimate just like jmonroe's.
    '18 Legacy Limited with 3.6R (Mrs. j's)
  • stickguystickguy Member Posts: 51,844
    They also charge about $699 for the privilege of giving you the car to pay for (lease inception fee). That is a huge scam.

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • jmonroe1jmonroe1 Member Posts: 8,482
    edited June 2023
    stickguy said:

    They also charge about $699 for the privilege of giving you the car to pay for (lease inception fee). That is a huge scam.

    ————————————————
    I’ve always said that everyone is organized (unions, lobbyists, big business, you name it) except for us common every day dopes.

    jmonroe
    '15 Genesis Ultimate just like jmonroe's.
    '18 Legacy Limited with 3.6R (Mrs. j's)
  • tjc78tjc78 Member Posts: 16,357

    @qbrozen said:
    Need more input. Is that actual down payment or is that "due at signing"? What about taxes, dealer fee, acquisition fee, government fees? Any discount off MSRP? Any incentives? There is a free calculator on leasehackr.com that works pretty darned well. Just make sure you change all the defaults to the correct numbers and add all those variables I asked about above. I have my own spreadsheet calculator, but it is very much NJ specific, as your should be specific to your state.

    Hey! I’ll PM you my email, do you mind sending me that? I lost mine awhile back

    I’ll second that the LH calculator is very good.

    2023 Mercedes EQE 350 4Matic / 2022 Ram 1500 Bighorn, Built to Serve

  • SonOfSaulSonOfSaul Member Posts: 28

    @qbrozen said:
    Need more input. Is that actual down payment or is that "due at signing"? What about taxes, dealer fee, acquisition fee, government fees? Any discount off MSRP? Any incentives? There is a free calculator on leasehackr.com that works pretty darned well. Just make sure you change all the defaults to the correct numbers and add all those variables I asked about above. I have my own spreadsheet calculator, but it is very much NJ specific, as your should be specific to your state.

    Sales Tax in my area is about 9.5%. How would I find out the Dealer Fee and Acquisition Fee? I will check out the Free Calculator. Thanks!!!

  • kyfdxkyfdx Moderator Posts: 253,631
    SonOfSaul said:

    @qbrozen said:

    Need more input. Is that actual down payment or is that "due at signing"? What about taxes, dealer fee, acquisition fee, government fees? Any discount off MSRP? Any incentives? There is a free calculator on leasehackr.com that works pretty darned well. Just make sure you change all the defaults to the correct numbers and add all those variables I asked about above. I have my own spreadsheet calculator, but it is very much NJ specific, as your should be specific to your state.

    Sales Tax in my area is about 9.5%. How would I find out the Dealer Fee and Acquisition Fee? I will check out the Free Calculator. Thanks!!!


    The dealer fee can be whatever the dealer wants it to be, depending on your state. Acquisition fee varies by financial institution

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • dino001dino001 Member Posts: 6,191
    edited June 2023
    kyfdx said:


    The dealer fee can be whatever the dealer wants it to be, depending on your state. Acquisition fee varies by financial institution

    Here in FL we are now sprinting toward 2 grand on total dealer BS fees, not even including acquisition fee for the lease, usually in form of two, three or even more separate items, one big position ($1000-1200), two smaller called "agency fee", "electronic filing" (typically couple oh hundred each) and it looks like they keep inventing new ones every quarter. Acquisition fees are pushing going close to $1000 for many brands. And of course we get exceptional value "protection packages" preinstalled on stock cars for about 10 times their actual value. ADMs are still around, but thanks God slowly fading away. Before you blink that price on the advertising can turn into something 30-50 percent higher OTD, even without ADM.

    I've been looking to order replacement for my 430 GC. Pretty much same model, perhaps 440, some extra things, like ventilated seats. But I can't even test drive one now - my dealer has ZERO 4-series in stock, that includes coupes and convertibles. :'( Not looking forward the pricing conversation, especially that they were bought by a soulless chain corporation with some outrageous practices. I was waiting for things to normalize, but they seem to be nowhere near that for new BMWs - and apparently 4-series has the worst availability of them all. :s

    2018 430i Gran Coupe

  • stickguystickguy Member Posts: 51,844
    Get a euro delivery order in? Seems like that will cut a bunch if the nonsense out.

    Can you just go out of state instead? I have heard those Fla horror stories a lot. I know the Ford dealer I used in philly has orders from all over including Florida. About a $400 doc fee, and that’s it other than tax and DMV costs.

    I had a couple of great bmw dealers near me in jersey. Maybe not lowest price, but competitive, and a great experience with no BS. Up here, less competition and I think they treat you like they are doing you a favor

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • jmonroe1jmonroe1 Member Posts: 8,482
    dino001 said:

    kyfdx said:


    The dealer fee can be whatever the dealer wants it to be, depending on your state. Acquisition fee varies by financial institution

    Here in FL we are now sprinting toward 2 grand on total dealer BS fees, not even including acquisition fee for the lease, usually in form of two, three or even more separate items, one big position ($1000-1200), two smaller called "agency fee", "electronic filing" (typically couple oh hundred each) and it looks like they keep inventing new ones every quarter. Acquisition fees are pushing going close to $1000 for many brands. And of course we get exceptional value "protection packages" preinstalled on stock cars for about 10 times their actual value. ADMs are still around, but thanks God slowly fading away. Before you blink that price on the advertising can turn into something 30-50 percent higher OTD, even without ADM.

    I've been looking to order replacement for my 430 GC. Pretty much same model, perhaps 440, some extra things, like ventilated seats. But I can't even test drive one now - my dealer has ZERO 4-series in stock, that includes coupes and convertibles. :'( Not looking forward the pricing conversation, especially that they were bought by a soulless chain corporation with some outrageous practices. I was waiting for things to normalize, but they seem to be nowhere near that for new BMWs - and apparently 4-series has the worst availability of them all. :s
    ————————————————
    For many years now I’ve heard that Florida is a snake pit when it comes to buying a car. My now departed brother who lived in Del Ray Beach bought a convertible one December here in the Burgh because dealers down there played too many games to suit him.

    When our cousin and nephew heard that he was seriously considering doing that, they offered to drive it down to him. He took them up on their offer and bought them plane tickets to get them back home after they spent a week in the sunshine at his house.

    I know you more than likely can’t do something like that but if you bought/leased from a dealer out of state you could pay to have it shipped to you. From what you describe about all the shenanigans that you have to endure where you are, you almost certainly will come out ahead. Have you ever thought about doing that?

    jmonroe
    '15 Genesis Ultimate just like jmonroe's.
    '18 Legacy Limited with 3.6R (Mrs. j's)
  • kyfdxkyfdx Moderator Posts: 253,631
    BMW doesn't do Euro delivery, any longer. But, you can buy the car from any dealer and take Performance Center delivery in South Carolina.

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  • SonOfSaulSonOfSaul Member Posts: 28

    @kyfdx said:
    The dealer fee can be whatever the dealer wants it to be, depending on your state. Acquisition fee varies by financial institution

    Hey everyone,

    I went to the dealership today. They have a $7,500 Privilege To Buy Fee. So the lease was $605 per month 🤦‍♂️. The salesperson was nice and mentioned that the $7,500 is where some negotiation can happen. I left.

  • SonOfSaulSonOfSaul Member Posts: 28

    This was actually different that the numbers I posted earlier. But this was today's trip.

  • jmonroe1jmonroe1 Member Posts: 8,482
    SonOfSaul said:

    @kyfdx said:

    The dealer fee can be whatever the dealer wants it to be, depending on your state. Acquisition fee varies by financial institution

    Hey everyone,

    I went to the dealership today. They have a $7,500 Privilege To Buy Fee. So the lease was $605 per month 🤦‍♂️. The salesperson was nice and mentioned that the $7,500 is where some negotiation can happen. I left.

    ————————————————
    Good for you. If that were me I’d have left so fast my skivvies would have been on fire by the time I got to my car. And no, I don’t carry a fire extinguisher but my A/C works great.

    jmonroe
    '15 Genesis Ultimate just like jmonroe's.
    '18 Legacy Limited with 3.6R (Mrs. j's)
  • MichaellMichaell Moderator Posts: 252,262
    SonOfSaul said:

    @kyfdx said:

    The dealer fee can be whatever the dealer wants it to be, depending on your state. Acquisition fee varies by financial institution

    Hey everyone,

    I went to the dealership today. They have a $7,500 Privilege To Buy Fee. So the lease was $605 per month 🤦‍♂️. The salesperson was nice and mentioned that the $7,500 is where some negotiation can happen. I left.


    Yikes, TO Toyota needs to be avoided.

    Have you tried over the hill in Ventura or Oxnard? Or, closer to the SF Valley? Expand your search area to see what kind of deal you can find.

    FYI, the dealer fee is capped at $85 in California, so that helps out. DMV fees are roughly 1.1% of MSRP.

    (Oxnard native here, but CO resident for many years)

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  • stickguystickguy Member Posts: 51,844
    that is a good value at sticker. but 10K over, yeah, lots of other stuff at that price point.

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • qbrozenqbrozen Member Posts: 33,298
    impressive markup on a Corolla.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • MichaellMichaell Moderator Posts: 252,262
    qbrozen said:

    impressive markup on a Corolla.

    Corolla Hybrid :smile:

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  • Sandman6472Sandman6472 Member Posts: 7,117
    I drove one a couple weeks back to back with a regular Corolla and the acceleration on the hybrid was amazing & has me thinking of eventually going in that direction. Our local Toyota store where I used to work also has that "ridiculous" admin fee on all their vehicles but it's at $4995. Just laughed as seriously, who would pay that for a lowly Toyota Corolla...or for any vehicle? That's just passed "ridiculous" as far as I'm concerned. No way would I ever pay that & will just keep what I got if I run into that when I'm finally ready to change vehicles. I'm lucky in that I don't need to buy anything, I can just keep what I got for another four to five years and still be under 100K miles. I will need to replace one tire if I decide to keep the Golf as one of them, the oldest one, is showing wear. Think I've had the other tree replaced under the road hazard policy if I'm not mistaken...it's been at least two of them, that much I do know.

    2023 Hyundai Kona Limited AWD (wife) / 2015 Golf TSI (me) / 2019 Chevrolet Cruze Premier RS (daughter #1) / 2020 Hyundai Accent SE (daughter #2) / 2023 Subaru Impreza Base (son)

  • Sandman6472Sandman6472 Member Posts: 7,117
    From what I understand, if I need to change only one tire, it has to match the other one tread wise on that axle or it might screw up the abs braking system. Is this really true? If so, it might be better just to replace both but with a less expensive tire to save a bit on the cost. The price of tires has gone up since the pandemic from what I've seen. Just need to explore what options I do have here. I have seen other vehicles with mismatched tires on them and was wondering if that really is a good thing to do?

    2023 Hyundai Kona Limited AWD (wife) / 2015 Golf TSI (me) / 2019 Chevrolet Cruze Premier RS (daughter #1) / 2020 Hyundai Accent SE (daughter #2) / 2023 Subaru Impreza Base (son)

  • roadburnerroadburner Member Posts: 17,829
    SonOfSaul said:

    @kyfdx said:

    The dealer fee can be whatever the dealer wants it to be, depending on your state. Acquisition fee varies by financial institution

    Hey everyone,

    I went to the dealership today. They have a $7,500 Privilege To Buy Fee. So the lease was $605 per month 🤦‍♂️. The salesperson was nice and mentioned that the $7,500 is where some negotiation can happen. I left.


    Never mind the "Market Adjustment"- I refuse to buy any car equipped with that moronic flashing center brake light. Just what I want; a minimum wage "technician" hacking into a factory wiring harness...

    Mine: 1995 318ti Club Sport-2020 C43-2021 Sahara 4xe-1996 Speed Triple Challenge Cup Replica
    Wife's: 2015 X1 xDrive28i
    Son's: 2018 330i xDrive

  • tjc78tjc78 Member Posts: 16,357

    @SonOfSaul
    On a popular leasing website brokers have Volvo C40 pure electric much cheaper than that, especially if you are a Costco member.

    2023 Mercedes EQE 350 4Matic / 2022 Ram 1500 Bighorn, Built to Serve

  • explorerx4explorerx4 Member Posts: 19,960
    You even get to pay for the tracker they put on the car.
    2023 Ford Explorer ST, 91 Mustang GT vert
  • kyfdxkyfdx Moderator Posts: 253,631
    Offer whatever you think is fair for the vehicle. You don't have to run away, just because you see something stupid.

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