Yeah, I see what you are saying. So when they say $0 down and $200 a month they really mean $0 down, plus $2k for taxes (hypothetical $25k car) and $200 a month. I really don't think that is the way it works. Because then after 2 years of leasing the car, you turn it back in to them, the dealership owns it, and they didn't have to spend a cent on the taxes.
I am not totally sure but I think it sounds a little crooked to me. I just leased a Hyundai Elantra (2 months ago) and if they would have added in the purchase price taxes ~$2k it would have really jacked up the whole payment. In my case the taxes were rolled into the whole equation and the amount of tax I paid was based upon how long of a lease term I signed.
|