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You're probably right. I live in Illinois where we're required to pay full sales tax on the entire purchase price (Cap Cost) and not on the difference (Cap Cost - Residual); neither a percentage of monthly payment. Unless you have a business tax deduction, it does not make much sense to lease in Illinois.
I did not see a seperate Lease Questions section for the XL-7, so I'm requesting it here. A couple dealers here in the Chicago area said that Suzuki Financial is offering a "balloon" lease on 2007 XL-7. The way it was explained to me seemed very much like the old GM SmartBuy program. Could anyone please provide any insight on this program? Thx.
Congratulations on your new XL-7! What did you buy it for? What was the MSRP?
Just got a quote for $4k below MSRP on any 07 XL-7 Limited
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