Thread: SmartBuy
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Old 04-17-2006, 12:27 PM
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Quote:
Originally posted by HummerNewbie:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by usetosellhummer:
God forbit you off-road it on a smart buy and try to turn it in and walk away. Smart buys are for stupid people.

Just curious, since a smart buy sounds identical to a lease, is it worse than a lease? </div></BLOCKQUOTE>
The big difference between a "Smartbuy" and a "Lease" is that the smartbuy is titled in the customer name and the lease is titled in the "Bank/lender" name in care of the customer. In Va the advantage of this is that military people do not have to pay personal property tax on a smartbuy, but they do in a lease. There are other minor differences.
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