View Single Post
      03-13-2015, 06:21 PM   #89
OneRib
Colonel
United_States
1078
Rep
2,448
Posts

Drives: 2015 AY M3
Join Date: Mar 2013
Location: PA

iTrader: (2)

Quote:
Originally Posted by thecurryman View Post
Quick question:
So i understand thay putting cash down is a bad idea to lower monthly because if you total the car you lose the cash put down. But what about paying sales tax upfront? Does this have the same stipulation that if you were to roll the tax into your monthly (like most people) but you total the car halfway through your lease, you are not required to pay the rest of the taxed amount regardless of gap insurance? Or do you have to pay full tax regardless of it being totalled or not?
Not sure about this one as I live in PA and the monthly payment is taxed. It wouldn't make sense to prepay the tax as it wouldn't save money and you would lose money if it was totaled or swapped before lease end.