danix
Active member
I know about business deductions, etc. Not talking about that. Here's what I know so far. Tell me what I'm missing?
I'm in CA so rebates will vary in other states.
24 month lease:
[*]lowest payments I think (national lease program)
[*]doesn't qualify for CA $2500 rebate
36 month lease:
[*]does qualify for CA $2500 rebate
[*]lease payments are higher
[*]no $7500 federal but you get $5500 lease cash
Owners Choice:
[*]don't know much about this
[*]allows you to get the Federal $7500 but no lease cash
[*]may be worthwhile if you can take the full $7500 deduction
Buying
[*]You get both state and Federal rebates
[*]2.9% interest is equivalent to the lease factor offered
[*]highest payments
I'm in CA so rebates will vary in other states.
24 month lease:
[*]lowest payments I think (national lease program)
[*]doesn't qualify for CA $2500 rebate
36 month lease:
[*]does qualify for CA $2500 rebate
[*]lease payments are higher
[*]no $7500 federal but you get $5500 lease cash
Owners Choice:
[*]don't know much about this
[*]allows you to get the Federal $7500 but no lease cash
[*]may be worthwhile if you can take the full $7500 deduction
Buying
[*]You get both state and Federal rebates
[*]2.9% interest is equivalent to the lease factor offered
[*]highest payments