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Help with lease end payment and registration

Mudkipz2010-08-18 10:00:34 +0000 #1
So the situation is my lease ends on August 21 of this year and I plan to return the car back to the dealer. However My registration ends at the end of this month (July) I asked my dealer and the sales guy told me I have to pay for the registration even thought I'll only be driving it for 21 more days out of the year. I asked DMV and they said I have to register by year and can't do it by months. Am I screwed? Or is there anyway around it? I am sure I am not the only one that's face with this lease end problem..Thanks for the help!
cb11112010-08-18 10:14:41 +0000 #2
Quote:

Originally Posted by Mudkipz

So the situation is my lease ends on August 21 of this year and I plan to return the car back to the dealer. However My registration ends at the end of this month (July) I asked my dealer and the sales guy told me I have to pay for the registration even thought I'll only be driving it for 21 more days out of the year. I asked DMV and they said I have to register by year and can't do it by months. Am I screwed? Or is there anyway around it? I am sure I am not the only one that's face with this lease end problem..Thanks for the help!

You really need to ask the Hawaii DMV this question. Perhaps they have a provision for deregistering your car and getting temporary tags for those 21 days - as an alternative you can turn your car in early. Only you can decide what is cheaper for you.
kgb16372010-08-18 10:49:13 +0000 #3
I know PA only does it by year as well, but for me its $36 for any car for the whole year, not exactly burning a whole in my pocket.
Mudkipz2010-08-18 10:56:39 +0000 #4
I wish it was only 36 dollars for my state too but my registration each year is about 250. Not too bad comparing to my payment I supposed but I just feel kind of ripped off paying the whole year for only 21 days use. Now that I think about it I might decide to keep the car though, is it possible to negotiate the pricing? I know my sales guy was trying to charge me $3500 for the official BMW warranty and make my car a certified pre-owned. Anyway I can talk that down?
cb11112010-08-18 10:36:02 +0000 #5
Quote:

Originally Posted by Mudkipz

I wish it was only 36 dollars for my state too but my registration each year is about 250. Not too bad comparing to my payment I supposed but I just feel kind of ripped off paying the whole year for only 21 days use. Now that I think about it I might decide to keep the car though, is it possible to negotiate the pricing? I know my sales guy was trying to charge me $3500 for the official BMW warranty and make my car a certified pre-owned. Anyway I can talk that down?

Although the dealers will tell you that the residual is the residual, it certainly is negotiable with the leasing company - assuming of course that the real market value is below the residual. The CPO is also negotiable. IIRC, the costs to the dealer for CPO are in the $1500 range plus any repairs required to bring the car up to standards.
mattsten2010-08-18 11:53:13 +0000 #6
Registration should be transferrable, even from lease to lease. At least it is in TN.
citrixscu2010-08-18 12:35:40 +0000 #7
I was just screwed in CA and had to pay $545 last week for stupid tags. My new car should arrive in about a week and I'll have to pay all over again. *Sigh*

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