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Monthly payment question

Old Mar 7, 2008 | 11:13 AM
  #1  
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G37SUM!
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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??
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Old Mar 7, 2008 | 11:16 AM
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From: al, eguor notab
if it says you have to pay by the 3/18, i think you have too. just go complain with your dealership and ask them about it. it should have been 4/18 is when your next payment is due.
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Old Mar 7, 2008 | 11:17 AM
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G37SUM!
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Thats what I thought... 4/18
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Old Mar 7, 2008 | 11:19 AM
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i think the payment tats due on march is to pay for april!
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Old Mar 7, 2008 | 11:35 AM
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Originally Posted by G37SUM!
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??

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.
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Old Mar 7, 2008 | 12:13 PM
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CHI-TOWN G37
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I'm sorry, but hasn't a month gone by already? I don't believe lease payments are in arrears. Your March 18th payment is for April.
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Old Mar 7, 2008 | 01:04 PM
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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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Old Mar 7, 2008 | 05:35 PM
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your each payment is for the following month so now u paying for april
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Old Mar 8, 2008 | 04:04 AM
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Kev G37S
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From: So. Cal
yeah like other said you're paying from March 18 to April 18.
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