Question - California Sales and Use Tax Increase for Leases

Tinted_335is · 01-16-2013, 01:21 PM

Guys - I just got an email from BMW letting me know that my payment is increasing due to California's .25% sales and use tax increase. I thought that once you leased a car, you got locked into that sales/use tax bracket and your payments shouldn't change. Did any fellow BMW Californians get the same email/price increase?

Is there anything I can do?

Thanks,

M

Enza · 01-16-2013, 01:24 PM

nope. rate lock does not apply to tax rates.

eppisgood · 01-16-2013, 02:10 PM

Quote:

Originally Posted by Enza

nope. rate lock does not apply to tax rates.

Only life insurance & mortgages.

z4ps · 01-16-2013, 02:58 PM

My lease payments are keep adjusting.

Got it with 9.75%.
Went down to 8.75% and now 9%

And No it's not lockable.

01-16-2013, 01:21 PM	#1
Tinted_335is Enlisted Member 1 Rep 47 Posts Drives: 2011 335is Join Date: Nov 2011 Location: Los Angeles iTrader: (1)	Question - California Sales and Use Tax Increase for Leases Guys - I just got an email from BMW letting me know that my payment is increasing due to California's .25% sales and use tax increase. I thought that once you leased a car, you got locked into that sales/use tax bracket and your payments shouldn't change. Did any fellow BMW Californians get the same email/price increase? Is there anything I can do? Thanks, M
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01-16-2013, 01:24 PM	#2
Enza Lieutenant 20 Rep 532 Posts Drives: '08 e92TT Join Date: Jan 2009 Location: OC iTrader: (12)	nope. rate lock does not apply to tax rates. __________________ 300 / ZSP / ZPP / ZCV / PDC / OEM M3 Mirrors (auto everything) / LCI Tails / Paddle Shifters / MTechnik Sides, Front & Rear Bumper / OEM M Spoiler, Performance Grilles / Quad Tips & Carbon Fibre Quad Diffuser (Pending) / AC Schnitzer Roof Spoiler / OEM Aluminum Footrest, Stainless Pedals (Pending) / Keyhole Delete / Euro Fog Switch (Pending) / All Weather Mats & Liner /
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01-16-2013, 02:58 PM	#4
z4ps Lieutenant 28 Rep 507 Posts Drives: F32 M4 Join Date: Feb 2008 Location: Socal iTrader: (13)	My lease payments are keep adjusting. Got it with 9.75%. Went down to 8.75% and now 9% And No it's not lockable.
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