Leasing question

dnycprodnycpro Member Posts: 7
edited July 2019 in Nissan
I understand that there's a fee on the rebate. But is there supposed to be a tax on the bank fee? I didn't think bank fee was a cap cost reduction?

Comments

  • kyfdxkyfdx Moderator Posts: 267,549
    dnycpro said:

    I understand that there's a fee on the rebate. But is there supposed to be a tax on the bank fee? I didn't think bank fee was a cap cost reduction?

    Yes, CAP cost reductions and bank fees (paid upfront) are both taxable.

    If the bank fee wasn't taxable, the deal could be manipulated to have an outrageous bank fee, but a low selling price, cheating the state out of their sales taxes.

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  • dnycprodnycpro Member Posts: 7
    interesting, thanks
  • Snapper59Snapper59 Member Posts: 6
    Hi. Can I get the numbers for leasing a 2020 Nissan Rogue Sport S awd 36/12 zip 10306 Thanks
  • kyfdxkyfdx Moderator Posts: 267,549
    Snapper59 said:

    Hi. Can I get the numbers for leasing a 2020 Nissan Rogue Sport S awd 36/12 zip 10306 Thanks

    .00006 MF and 53% residual
    $2750 incentive

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  • GrekosGrekos Member Posts: 6
    Hi can I get numbers 2020 nissan rogue sport S awd and/or fwd for 36 mo, 10K zip 07045. Thanks
  • MichaellMichaell Moderator Posts: 263,968
    Grekos said:

    Hi can I get numbers 2020 nissan rogue sport S awd and/or fwd for 36 mo, 10K zip 07045. Thanks

    36/12
    .00005 and 52% / 53% for FWD / AWD
    $2925 incentives

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