Prit
Well-Known Member
- First Name
- Colin
- Joined
- Oct 12, 2021
- Threads
- 11
- Messages
- 420
- Reaction score
- 165
- Location
- Atlanta, GA
- Vehicles
- CT4, Aspiring GTS ST owner.
- Thread starter
- #316
Two-part question for the group - do cap cost reductions (like the $7500 credit on a lease) essentially make the leases buyout less by the amount of the reduction, everything else equal?
If yes, can we just take the cap cost reduction as a lease and then just turn around and immediately buyout the lease?
Actually 3-part question -
Are taxes paid on a lease buyout? (I need to ask this since Georgia charges all lease taxes upfront)
If yes, can we just take the cap cost reduction as a lease and then just turn around and immediately buyout the lease?
Actually 3-part question -
Are taxes paid on a lease buyout? (I need to ask this since Georgia charges all lease taxes upfront)
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