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Originally Posted by Haris
That is correct. Your sum of payments without tax is $22,104. Tax liability is $1961.73 (same as spreadsheet above). If you pay sales tax upfront that is the sales tax you pay (not including tax on rebate & acq fee).
If you roll it into cap cost your total sales tax with additional tax becomes: $2153 - then you add this to cap cost and recalculate your monthly payments -- now you are also paying interest on this 2153.
In the end rolling sales tax in NY will cost you additional $292 over the life of lease. See this comparison below -- again, subtract $1000 from due upfront and also total cost. Pay attention to Finance Charges and Total Tax.
+1 on paying sales tax upfront!
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Good practice to not pay for anything up front. You will have to evaluate 292 over the life of the lease vs potentially losing that amount should something happen to the car.