Change in lease payment?

lablueboy · 04-14-2009, 03:29 AM

Anyone here leasing their BMW notice the change in their payment this month? Mine just went up ~$10.. what gives...

I am gonna call them.

armenh · 04-14-2009, 04:23 AM

increase in taxes??

SteveMD · 04-14-2009, 09:02 AM

That doesn't sound right. I would agree that it has to be your state taxes. Have they gone up?

kgb1637 · 04-14-2009, 10:07 AM

Prolly just your state taxes, people from California are having their payments skyrocket, but then again that state will tax anything they can.

lablueboy · 04-14-2009, 03:58 PM

Quote:

Originally Posted by kgb1637

Prolly just your state taxes, people from California are having their payments skyrocket, but then again that state will tax anything they can.

Thanks, that makes sense.. I probably wasn't reading the fine print about the tax when i sign the lease, it just says pay $xxx/mo until lease end..didn't expect it to change, now i have to go and revise my automatic payment.

Evangelo2 · 04-14-2009, 05:13 PM

If you pay the taxes upfront, then you elliminate the risk of theming going up, right?

Bobble · 04-16-2009, 11:33 AM

Tax changes only appy to leases, sales the tax is paid up front. I believe there is an option to pay lease taxes up front but why not put that money to buy down your cap? My lease in Cali went from 496 to 502 in April due to taxes.

Evangelo2 · 04-17-2009, 03:22 PM

Quote:

Originally Posted by Bobble

Tax changes only appy to leases, sales the tax is paid up front. I believe there is an option to pay lease taxes up front but why not put that money to buy down your cap? My lease in Cali went from 496 to 502 in April due to taxes.

I guess that makes sense to me. If I add it toward cap cost, then I save on the interest fees for that additional paid up front portion. Do I stillg et to take advantage of paying all of the taxes on my tax return next year if I do not factor the taxes in? I thought they compute the taxes and just add it in upfront, I never thought they calculated it based on each months payment.
-Evangelo2

04-14-2009, 03:29 AM	#1
lablueboy Private First Class 9 Rep 110 Posts Drives: E92 335i Join Date: Apr 2008 Location: OK iTrader: (0)	Change in lease payment? Anyone here leasing their BMW notice the change in their payment this month? Mine just went up ~$10.. what gives... I am gonna call them.
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04-14-2009, 04:23 AM	#2
armenh Major 95 Rep 1,241 Posts Drives: 2011 E92 335i Join Date: Jan 2009 Location: Los Angeles iTrader: (0)	increase in taxes?? __________________ 2011 E92 335, BSM, Black Dakota Leather, ZMP with 19 inch 230's, ZPP. Navigation and a couple of other goodies...
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04-14-2009, 09:02 AM	#3
SteveMD Colonel 201 Rep 2,485 Posts Drives: 2016 F10 535i MSport Join Date: Dec 2005 Location: Raventown! iTrader: (3)	That doesn't sound right. I would agree that it has to be your state taxes. Have they gone up? __________________ 2006 E90 330i (retired) 2009 E90 335i (retired) 2012 E70 X5 50i M Sport (retired) 2016 F10 535i M Sport
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04-14-2009, 10:07 AM	#4
kgb1637 Lieutenant Colonel 21 Rep 1,519 Posts Drives: RS5 Join Date: Sep 2008 Location: Baltimore, MD iTrader: (0)	Prolly just your state taxes, people from California are having their payments skyrocket, but then again that state will tax anything they can. __________________ Retired - '08 E90 335i Sparkling Graphite/Gray Dakota Leather, ZSP, ZCW, ZPP, Navi, ipod, Sat
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04-14-2009, 05:13 PM	#6
Evangelo2 Private First Class 24 Rep 172 Posts Drives: 2009 335 m sport Coupe 6-speed Join Date: Jun 2008 Location: NY iTrader: (0)	If you pay the taxes upfront, then you elliminate the risk of theming going up, right? __________________ Previous Car: 2002 M3 Coupe 6MT Previous Car: 2006 G35 Coupe 6MT Fullly Loaded *Current Car: 2009 335 Coupe, 6MT, Black Sapphire, Saddle Brown, M Sport, Cold Weather, Premium, CA, Nav, L7, iPod, Smartphone Adapter, Sirius*
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04-16-2009, 11:33 AM	#7
Bobble Major 56 Rep 1,232 Posts Drives: Whatever POS the wife leaves Join Date: Oct 2008 Location: SoCal iTrader: (1)	Tax changes only appy to leases, sales the tax is paid up front. I believe there is an option to pay lease taxes up front but why not put that money to buy down your cap? My lease in Cali went from 496 to 502 in April due to taxes.
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