Quote:
Originally Posted by thecurryman
Quick question:
So i understand thay putting cash down is a bad idea to lower monthly because if you total the car you lose the cash put down. But what about paying sales tax upfront? Does this have the same stipulation that if you were to roll the tax into your monthly (like most people) but you total the car halfway through your lease, you are not required to pay the rest of the taxed amount regardless of gap insurance? Or do you have to pay full tax regardless of it being totalled or not?
|
From what understand BMW includes gap insurance automatically on leases. If you are in a state that collects tax up front then i would assume gap insurance covers that since the bank lays out the money up front.