Your forgot one other issue related to leasing ... - Saab NG900 & OG9-3 Bulletin Board - Saabnet.com
The banner above is an advertisment - if it asks you to download software, please ignore.
Site News -
7/1: Members: Log In to See Fewer Ads! |
5/28: SAAB Evolutions/TSN T-Shirts $14
[General |
Members |
C900 |
9000 |
NG900 & OG93 |
93 |
95 |
NG95 |
99 |
Sonett |
Vintage Models |
Clubs |
Other Cars |
FAQs |
Gifts |
Member Photo Galleries |
Member Directory |
Classifieds |
Manuals |
*Buddy Registry |
*Mileage Registry |
Polls |
What's New |
Raffle |
Photo of the Month |
Sponsors]
[Main NG900 & OG93 Bulletin Board | BBFAQ |
Prev by Date | Next by Date | Post Followup ]
Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos
Your forgot one other issue related to leasing ...
Posted by gatorcpa [Email] (more from gatorcpa) on Fri, 1 Mar 2002 13:53:41
In Reply to: 9-3 lease question (nitty gritty), DT, Fri, 1 Mar 2002 01:14:48
Members do not see ads below this line. - Help Keep This Site Online - Signup
Most states exempt interest from sales tax. That means, while you have to pay sales tax on the purchase price of a new vehicle up front, the interest paid over the life of the loan is exempt.
Most states tax the entire lease payment as rent. Therefore, you are paying sales tax on the finance charge (interest) imbedded in the monthly lease payment.
Over a 3 year lease, you're looking at about $200 to $400 extra, depending on the tax rate, purchase price, etc. This should be part of your analysis in determining whether to purchase or lease.
I think, if you want to own the car for a long period of time -- buy it. If you are looking for a new car every 3 to 4 years -- lease it, but don't buy it at end unless the lease co. make you an offer you can't refuse.
Gatorcpa
'00 9-3 convertible (leased)
posted by 208.249.9...
Posts in this Thread:
- 9-3 lease question (nitty gritty), DT, Fri, 1 Mar 2002 01:14:48
- 9-3 Best Choice - Lease, Mike Lynch , Sat, 2 Mar 2002 16:12:33
- Your forgot one other issue related to leasing ..., gatorcpa, Fri, 1 Mar 2002 13:53:41 <-- Viewing This Message
- Re: 9-3 lease question (nitty gritty), Eric, Fri, 1 Mar 2002 09:44:24
- forgot one (warranty), DT, Fri, 1 Mar 2002 01:25:04
Members do not see ads below this line. - Help Keep This Site Online - Signup
Post a Followup
No Site Registration is Required to Post - Site Membership is optional (Member Features List), but helps to keep the site online
for all Saabers. If the site helps you, please consider helping the site by becoming a member.
StateOfNine.com
|
SaabClub.com
|
Jak Stoll Performance
|
M Car Covers
|
Ad Available
|
Random Saabnet.com Member Gallery Photos (Click Image)
This is a moderated bulletin board - Posting is a privilege, not a right.
Unsolicited commercial postings are not allowed (no spam). Please, no For Sale or Wanted postings, SERIOUSLY.
Classifieds are to be listed in The Saab Network Classifieds pages.
This is a problem solving forum for over 250,000 Saab owners, so expect to see
problems discussed here even though our cars are generally very reliable. This is not an anything goes
type of forum. Saabnet.com has been a moderated forum since 1988. For usage guidelines, see the
Saabnet.com Mission and Purpose Page. Please remember that you are
not anonymous. Site Contact | Site Donations | Other Sites by SP -
Poverty2Prosperity.org | Run Club Menlo Park | ScreenBot
Site Members do not see red text instructions, bottom of the page anchor ads, or box ads.
Click here to see all
the Site Membership Benefits!