So I signed my first-ever lease for a car. I've never been a car-lease kind of person due to my approach to spending on cars.
I signed a lease on a Hyundai Electric Vehicle (due to some crazy deals they were clearing out). Purchased from a Maryland dealer. I live in DC, which I found out from the dealer 12 days after signing, that leased vehicles are subject to a 10.25% sales tax on the purchase value of the car (not the lease payments), even though the car is being leased. This is adding anywhere from $2100-$3100 to the cost of the lease (extra $61+/mo for 36 months). The finance officer called to apologize that they made a mistake on the calculation and even though I asked several staff before signing whether there would any other charges after signing, they assured that the signed lease was the cost for the term of the lease.
I told them that I made the decision to lease the car based on the quoted price (and the price I signed at). I asked them to propose a workable solution.
I like the car. It was a great deal. But I don't want/need the car if I have to pay the new lease rate. Any advice on how to approach this when I go in to discuss this with them? thanks in advance
Submitted October 22, 2019 at 06:01PM by EquivalentVermicelli https://ift.tt/33Sn20Z
