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Retirement tax questions
Where is the car now?
What was the purchase price of the original lease? (Typically, a lease is viewed as you buying a portion of the car and financing it. For example, for a $40,000 car, you might buy "half" the car for 3 years for $20,000 which, with finance charges, gives you a monthly payment. Then if you want to buy the car at end end of the lease, you pay the previously fixed price for the "other half.")
‎June 22, 2024
7:59 PM