Regarding sales tax, which parts of the lease are subject to it?
1) In my example, with a 56% residual, I know I am subject to tax on 44% of the MSRP of the car; 2) Lease Acquisition Fee; 3) Registration+plate which would be transferred from another car; 4) Documentation Fees (here in Fl it's unregulated so most dealers charge $699 or 799!). Am I also subject to sales tax on items 2-4? Thank you!
Regarding sales tax, which parts of the lease are subject to it?
1) In my example, with a 56% residual, I know I am subject to tax on 44% of the MSRP of the car; 2) Lease Acquisition Fee; 3) Registration+plate which would be transferred from another car; 4) Documentation Fees (here in Fl it's unregulated so most dealers charge $699 or 799!). Am I also subject to sales tax on items 2-4? Thank you!
You are subject to tax on the calculated monthly payment
Tax is assessed against the acquisition fee and doc fee.
Registration is a gov't fee, and not subject to tax.
I have looked over the last few posts, yet I just moved to Virginia so I have a few questions since all my past leases have been in a different state. First, can you please confirm that the MF and RV for the 2018 GLC 300 4matic for 10/36 is .00139 and 59% (obtained from posts above). What is the tax rate on car lease/purchase in Virginia? Is there anything particular that I should know about when leasing a car in VA? Are the incentives out yet for December--or are there none this month? Has it been determined yet whether Mercedes has discontinued the .0010 (approx) discount on the MF if you opt for autopay? I always used to get that discount on past leases. Thanks so much for the info.
I have looked over the last few posts, yet I just moved to Virginia so I have a few questions since all my past leases have been in a different state. First, can you please confirm that the MF and RV for the 2018 GLC 300 4matic for 10/36 is .00139 and 59% (obtained from posts above). What is the tax rate on car lease/purchase in Virginia? Is there anything particular that I should know about when leasing a car in VA? Are the incentives out yet for December--or are there none this month? Has it been determined yet whether Mercedes has discontinued the .0010 (approx) discount on the MF if you opt for autopay? I always used to get that discount on past leases. Thanks so much for the info.
Shopping a VA lease and just moved here. Experienced with leases just not the VA tax situation. You confirmed earlier that VA taxes (4.2%) the entire selling price. So is that tax on the cap cost (selling price plus maintenance portions)? Then in a lease where does the tax get added back---into the cap cost to get the final cap cost? Thanks.
Shopping a VA lease and just moved here. Experienced with leases just not the VA tax situation. You confirmed earlier that VA taxes (4.2%) the entire selling price. So is that tax on the cap cost (selling price plus maintenance portions)? Then in a lease where does the tax get added back---into the cap cost to get the final cap cost? Thanks.
The tax is on the selling price (before rebates) + acq.fee + any other taxable items. Then, since it's collected upfront, it's either added to the CAP cost, or included in your due at signing (your choice).
Are you a car shopper looking to purchase a vehicle in the next month or so? If so, a reporter would love to ask you a few questions. Please send a note to PR@edmunds.com by end of day Friday, December 15 if you'd be willing to chat. Thanks!
I am completely new to the realm of leasing so I am really hoping I can get some guidance, please. I test drove a 2018 GLC300 (base package). I believe the MSRP is 43 or 44k. Dealer is offering me 6k below MSRP. Does this sound good to you? I am in Southern California. I will be leasing for 12k miles/year. What types of info should I ask for before I am lured back into the dealership?
Comments
1) In my example, with a 56% residual, I know I am subject to tax on 44% of the MSRP of the car;
2) Lease Acquisition Fee;
3) Registration+plate which would be transferred from another car;
4) Documentation Fees (here in Fl it's unregulated so most dealers charge $699 or 799!). Am I also subject to sales tax on items 2-4? Thank you!
Tax is assessed against the acquisition fee and doc fee.
Registration is a gov't fee, and not subject to tax.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
What's the res & MF for GLC 300 4Matic Coupe 36/12K and 48/12K in Houston, TX?
Any incentives for the holidays?
We don't have the incentive information.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
We do not have any MB incentive information
VA taxes the entire sellign price, on a lease
No confirmation on AutoPay suspension.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can you please provide the RV and MF for 2018 various GLC models So Cal?
24 mo- 10k/12k -
GLC 300 RWD -
GLC 300 AWD -
GLC 43 AWD -
36 mo -10k/12k -
GLC 300 RWD -
GLC 300 AWD -
GLC 43 AWD -
Any incentives for Dec?
Thanks!
300 AWD - .00139 and 66% (24/12) or 58% (36/12)
43 AWD - .00140 and 63% (24/12) or 55% (36/12)
Add 1% for 10K
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Is below good deal for 2018 GLC300 AWD from dealer?
36 months / 10k
Money factory 0.00139
Residual value 59%
MSRP off ~7%
Is the $595 vehicle turn-in fee fixed or controlled by dealer?
The disposition fee is fixed.
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could someone please provide the money factor and residual for a GLC 300 AWD 36 /15k and 24 /15 k
tThabk You
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2018 GLC RWD. 36 month/15k miles/ year
MSRP 48595
Negotiated price 43250
Residual 56%. money factor .00140 (say MB no longer offering discount for autopay)
Nothing down
Acquisition of 795, spread over 36 payments.
Drive off 1159 (1st month at 612.29 + DMV 424 + tire fee S7)
Is 612.29/ month (including tax) correct?
Thanks
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Can someone tell me if i can Combine a DE1 Control number with United Airlines Fleet Pricing..?
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Don't have the details on the Mercedes single-pay lease.
If it results in a discount of at least .00060 or more to the money factor, I'd consider it.
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what will the MF be if I put in 10 MSDs ?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I just got quoted $501 a month all in, with just that due at signing in Florida. For a 2018 GLC 300 at $45,145 MSRP.
Is this a good deal?
Thanks!
What is the adjusted cap cost, with all the fees rolled in?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Sorry, so 10k per year 36 months. Yes this is with all fees rolled in, end price. Not sure on the adjusted cap cost.
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I am completely new to the realm of leasing so I am really hoping I can get some guidance, please. I test drove a 2018 GLC300 (base package). I believe the MSRP is 43 or 44k. Dealer is offering me 6k below MSRP. Does this sound good to you? I am in Southern California. I will be leasing for 12k miles/year. What types of info should I ask for before I am lured back into the dealership?
Thank you!