2016 gs f & 2016 gs350 lease prices are here!
#61
Pole Position
iTrader: (5)
I said it in this thread just over 2 months ago
https://www.clublexus.com/forums/gs-...s-getting.html
#63
I suggest you wait... I spoke to a few people and they said the best time to buy a car is at the end of the quarter... So end of March is perfect... Plus the only incentive now is $750 which is really nothing... I'm sure they will have better deals then... I am just an impatient person and wanted the car 🙈
#64
I got an unbelievable deal on my 2014, hoping to do the same with a 2016 if the stars align. I wish HUD was a more common option on dealer lots, but I'll settle for a heated steering wheel and power closing trunk on my next fsport.
#65
My '14 gs lease is bout to end so pulled the trigger on a '16 cause the numbers were right.. couldn't beat my old lease but kinda expected due to the '16 refresh are still pretty new. Decent deal. F Sport, 15k, 36m, $597.. Zero down too. well first payment due at signing
#66
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My '14 gs lease is bout to end so pulled the trigger on a '16 cause the numbers were right.. couldn't beat my old lease but kinda expected due to the '16 refresh are still pretty new. Decent deal. F Sport, 15k, 36m, $597.. Zero down too. well first payment due at signing
#68
I extended my 2014 GS lease and to be honest I'm losing interest in the new GS. That $597 deal you have seems interesting but I really don't exactly want to do this car again. sigh.
#69
I had thought that a lease customer just pays sales tax on the depreciation amount over the term of the lease….
#70
Lexus Test Driver
I'm in california. Haven't leased in CA in about 20 years but am contemplating leasing versus buying - in california a lease customer has to pay sales tax on the full purchase price as if buying?
I had thought that a lease customer just pays sales tax on the depreciation amount over the term of the lease….
I had thought that a lease customer just pays sales tax on the depreciation amount over the term of the lease….
#71
I can confirm in CA you only pay the tax on the depreciation. You are renting the car, so you pay the tax monthly with your rental payment. If you move, your payment may go up or down (depending on the tax rate of the new city/county you reside in).
If you decide to purchase at the end of the lease, you will pay sales tax on the residual purchase amount.
If you decide to purchase at the end of the lease, you will pay sales tax on the residual purchase amount.
#72
Lexus Test Driver
I'm in california. Haven't leased in CA in about 20 years but am contemplating leasing versus buying - in california a lease customer has to pay sales tax on the full purchase price as if buying?
I had thought that a lease customer just pays sales tax on the depreciation amount over the term of the lease….
I had thought that a lease customer just pays sales tax on the depreciation amount over the term of the lease….
I can confirm in CA you only pay the tax on the depreciation. You are renting the car, so you pay the tax monthly with your rental payment. If you move, your payment may go up or down (depending on the tax rate of the new city/county you reside in).
If you decide to purchase at the end of the lease, you will pay sales tax on the residual purchase amount.
If you decide to purchase at the end of the lease, you will pay sales tax on the residual purchase amount.
The most common method is to tax monthly lease payments at the local sales tax rate. This means you only pay tax on the part of the car you lease, not the entire value of the car. With this method you are paying sales tax not only on the depreciation amount of your payment, which is fair, but you’re also paying tax on the finance charges, which is not so fair.
The states of Texas, New York, Minnesota, Ohio, Georgia, and Illinois, require the entire sales tax to be paid up front, based either on the sum of all lease payments or on the full sale price of the vehicle, depending on the state. If a lessee decides to purchase the leased vehicle at the end of their lease the sales tax has already been paid.
Georgia now has a new up-front title ad valorem tax ('according to value') but no monthly or annual taxes. Georgia customers often choose to roll this up-front tax back into the capitalized cost and finance it with their lease.
#73
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All U.S. states (except New Hampshire, Alaska, and Oregon) and Canada impose a sales tax (often called a 'use tax') on motor vehicle purchased by consumers. In the case of leasing, the lease finance company passes the sales tax along to the lessee, even though the lease company is the actual owner of the vehicle. However, the way it’s done can be quite different from state to state.
The most common method is to tax monthly lease payments at the local sales tax rate. This means you only pay tax on the part of the car you lease, not the entire value of the car. With this method you are paying sales tax not only on the depreciation amount of your payment, which is fair, but you’re also paying tax on the finance charges, which is not so fair.
The states of Texas, New York, Minnesota, Ohio, Georgia, and Illinois, require the entire sales tax to be paid up front, based either on the sum of all lease payments or on the full sale price of the vehicle, depending on the state. If a lessee decides to purchase the leased vehicle at the end of their lease the sales tax has already been paid.
Georgia now has a new up-front title ad valorem tax ('according to value') but no monthly or annual taxes. Georgia customers often choose to roll this up-front tax back into the capitalized cost and finance it with their lease.
The most common method is to tax monthly lease payments at the local sales tax rate. This means you only pay tax on the part of the car you lease, not the entire value of the car. With this method you are paying sales tax not only on the depreciation amount of your payment, which is fair, but you’re also paying tax on the finance charges, which is not so fair.
The states of Texas, New York, Minnesota, Ohio, Georgia, and Illinois, require the entire sales tax to be paid up front, based either on the sum of all lease payments or on the full sale price of the vehicle, depending on the state. If a lessee decides to purchase the leased vehicle at the end of their lease the sales tax has already been paid.
Georgia now has a new up-front title ad valorem tax ('according to value') but no monthly or annual taxes. Georgia customers often choose to roll this up-front tax back into the capitalized cost and finance it with their lease.
#74
They gave the $1000 coupons at the LA Auto show, I'm pretty sure they would at the NYC one.
#75
Lexus Fanatic
In MD we have to pay sales tax on the whole purchase price upfront as well.