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Howzabout you try there, and if you're not getting what you want, let me know (I track that discussion) and we'll try something else?
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The lessor (dealer) has informed me that they only charged sales tax on the leased value of the car, and that if I opted to purchase the vehicle at lease end, I would need to pay sales tax on the residual value. Looking at the original lease agreement, I am having trouble determining if the original lessee paid sales tax on the full value of the car, or just on the leased value. Please help.
Here are the numbers:
Agreed upon value of vehicle (I think this is called base cap cost): 32267.50
Gross cap cost: 33560.55
Cap cost reduction: 2755.14
Adjusted cap cost (I think this is net cap cost): 30805.41
Residual value: 16242.20
Depreciation amount and any amortized amounts: 14563.21
Rent charge: 3251.75
Total of base payments: 17814.96
Lease payments: 36
Total monthly payment: 494.86
Lease term in months: 36
Amount due at lease signing: 3250
- itemized
-- cap cost reduction: 2755.14
-- first monthly payment: 494.86
How amount due at lease signing will be paid
-- Rebates: 250
-- Amount paid in cash: 3000
Thanks,
Al
Chrysler 200
1) I want to drive something with performance
2) I want 4 or all wheel drive, but doesn't need to be all-time
3) small/mid sized SUV
4) Bluetooth is a must
5) would like scheduled maintenance included
6) Automatic tailgate lift
Any thoughts on were to start to narrow down my choices?
TIA!
Amie
One thing our members love to do is help other people spend their money.
You might start in our discussion What is the best SUV for me?.
You can also look at a list of our other SUV discussions on the SUVs board, where you can find general SUV-related discussions and make/model-specific discussions.
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Amie
Lots of makes and models have their own "Buying a Used XXXXXX" discussion so if you have a car or two picked out to research, try the Search Forums box on the right sidebar.
Sam
Thanks... from an old Mom in a snowbank in Alaska.
But, I'd ask in a make/model specific discussion. Use the Browse by Vehicle buttons on the right, and pull up the model of car you are working on.
Regards,
kyfdx
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Fiat 500
With internet shopping, this has got to be more common. Looking for advice and tips to make sure all goes well.
FWIW. I'm in MN, purchasing a new vehicle in GA.
If that doesn't work for you, go to the right side of the page and choose the Browse by Board dropdown menu, then select Smart Shopper.
You'll see dozens of discussions..
regards,
kyfdx
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The current owners bought it from an estate sale this year. They don't have a lot of documented background on the car (or at least not that they are sharing), but have some unsubstantiated stories. The car has not had license plate tabs since 1992 & has sat in a garage. The current owners recently changed the oil & spark plugs & it is running. I've been to see the car & drove it myself. It actually started easily & ran smooth. Clean exhaust coming out.
I am trying to gain a better understanding of the concerns involved in a car that sat undriven for years. (apparently the old man drove it to the store occasionally, though if it didn't have tabs I can’t think he drove it very much)
The painted surface of the car & interior of the car are in good shape. (see pictures) I have no concerns there. However, I noticed some rust on some parts in the engine compartment, in particular on the master brake cylinder. There is some rust underneath & on the gas tank. Surprisingly to me the belts did not look particularly cracked. (I am not a mechanic.)
The current owners do not have documentation to support the mileage. (they’ve advertised it at 25K miles though in my mind very well may be 125K). None-the-less the car appears in good, well cared for shape to me for being 32 year old & original condition. It’s been in an area where cars are subject to salt/rust/winters.
My goal with this car would be to perform any "maintenance/repair" on the mechanicals that should be done in a car that has sat for nearing 20 years. I would expect the belts & hoses would need to be replaced & probably all the fluids flushed? what else? The current owner has changed the oil & spark plugs. I’d probably tow it home & also drain & refill the gas tank.
Ideally I would like to be able to drive the car as a daily driver / general use type car & keep in as original as condition as possible. I’m not looking to put it into car shows.
My questions for you:
- What would you expect would need to be done to a car in general that has sat since 1992 to get it going again? (such as belts/hoses, etc)
- Any ballpark on what it would cost to do what you think would be needed?
- I'd appreciate any thoughts anyone has after seeing the pictures, if anything catches your eye. Especially thoughts on the rust that is present. Could the rust in the engine compartment be due to condensation & having sat for so long?
I'm interested in the car but want to better understand the potential issues/future cost in a car that has sat undriven for years before I sink money into it to start with.
I'd appreciate any advice, whether general about issues that can arise in cars which have sat for years or specific after looking at the pictures that you can tell me.
Thanks
Link to pictures on flickr
I would suggest that you cut and paste your posts and re-direct them to here:
CLASSICS BOARD--Project Cars/Hold 'em or Fold 'em
This would be the best place to get advice for your situation!
thanks for your help with this. I'm going to move your post to where the actual discussion on this problem of reviving a car in storage is taking place. This topic is merely to ask a host for directions on where to ask, it's not a topic that discusses problems in detail.
We'll see you, and your full post, over here:PROJECT CARS
thanks!
Host
Thanks
Host
But, when buying an 'extended warranty', I doubt you will find one that covers Scheduled Maintenance items. You will still be paying for these things yourself. Since timing belt replacement is a maintenance item, even though this is a significant repair, I doubt an extended warranty would cover it.
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kcram - Pickups/Wagons Host
I'm sure you can.
kcram - Pickups/Wagons Host
A day seems long enough
(Gee, I hope I don't shrink.) :surprise:
Sneakers always are in style :P
In my next life, I'll have to use something like 'Generic'.
There should be a warning asking new users if they would be able to live with their username in two, five, or ten years.
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