Monthly payment question
Monthly payment question
I leased my car on 2/18/2008 and paid 1500 drive off (taxes and first month)
I got my first statement yesterday and my due date is on 3/18. What happened to the first month...Is this correct??? Do I pay in advance meaning this payment is for the month of April? Or a typo??
I got my first statement yesterday and my due date is on 3/18. What happened to the first month...Is this correct??? Do I pay in advance meaning this payment is for the month of April? Or a typo??
I leased my car on 2/18/2008 and paid 1500 drive off (taxes and first month)
I got my first statement yesterday and my due date is on 3/18. What happened to the first month...Is this correct??? Do I pay in advance meaning this payment is for the month of April? Or a typo??
I got my first statement yesterday and my due date is on 3/18. What happened to the first month...Is this correct??? Do I pay in advance meaning this payment is for the month of April? Or a typo??
Call the finance company that financed you and ask them since you paid $1,500 taxes and first month how come your payment is due in March instead of April. They will explain it to you.
That 1500 hundred you put down covered February's payment, which uis considered the first month you have the car. For example, if you bought the car on the last day of the month, that's when your payment is due. But you actually had the option of having the payment moved to max of 7 days of the purchase day of the car. So I got mine on the 10th but i had it moved to the 17th.
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