• Should I turn in my lease early or keep it?

    Best answer: https://www.bankrate.com/loans/auto-loans/top-10-leasing-booby-traps/ https://www.consumerreports.org/buying-a-car/leasing-vs-buying-a-new-car/ https://www.mileiq.com/blog/buy-lease-business-vehicle/ I am guessing you are self employed or own a business, thus need the lease to use as a deduction on the business.... show more
    Best answer: https://www.bankrate.com/loans/auto-loans/top-10-leasing-booby-traps/

    https://www.consumerreports.org/buying-a-car/leasing-vs-buying-a-new-car/

    https://www.mileiq.com/blog/buy-lease-business-vehicle/

    I am guessing you are self employed or own a business, thus need the lease to use as a deduction on the business.

    My (late) husband was self employed, but never did he lease a car, but always owned one and was able to deduct mileage, gas, insurance, taxes on the car, but the deduction was based on the year and depreciation.

    Not sure if the $1,750 overage in mileage is what you owe (today) or what you calculate what you will owe in November. Now (if) the $1,750 is what you owe today, then your best bet might be to keep the lease till the end, then buy it, since most leases have a calculated value of what it would be worth with (no) overage in mileage, so say the value is $40,000 at least term for 36,000 miles and you have 45,000 miles on it, then you are buying the car with the value of 36,000 miles vs 45,000 and not dinged for the overage of mileage. Here is something else to consider with the higher mileage and that in one article, they could charge you more for wear/tear at the end.

    Now if you park it, then you still need to have comprehensive insurance on it, since while parked and (not) driven, still could be stolen, or catch on fire, or if a storm hits in a garage can get damages.

    Another problem with leases is that many people do not negotiate the value of the car when they lease them, only the monthly payments. Buying or leasing, you start with the value that it is worth, since any loan or lease payments is determined by the cost of the car when you sign the papers. When you buy or lease then another factor to consider is the interest rate, which can affect the monthly payments and interest you pay. But with many of these lease agreements as you can see from the articles attached is “sketchy” vs a straight loan that says it is 2.4% as an example.

    Do you have a CPA that does your taxes, and if so, ask them the difference in leasing vs owning a vehicle.

    Also you can post your question under Y/A (personal finance) to see if they can do a better breakdown of the costs to compare.
    6 answers · 1 day ago
  • A hit and run driver caused me neck pain, gas leak and dented front end. I have un insured motorist insurance but is it worth filing claim?

    I have health insurance to cover my medical expenses but my girlfriend doesnt, she was in the hit and run as well.
    I have health insurance to cover my medical expenses but my girlfriend doesnt, she was in the hit and run as well.
    7 answers · 2 days ago
  • Am I required to tell a roofer that insurance is paying to replace the roof vs paying for it out of pocket?

    I ve noticed that when I show the roofer my insurance papers the quote for the roof is magically just over the amount my insurance pays and, when I don t show the papers and say I m paying out of pocket, the quote is very affordable and well under the insurance payout. Seems pretty shady to me.
    I ve noticed that when I show the roofer my insurance papers the quote for the roof is magically just over the amount my insurance pays and, when I don t show the papers and say I m paying out of pocket, the quote is very affordable and well under the insurance payout. Seems pretty shady to me.
    9 answers · 1 day ago
  • In NJ, can I still get unemployment 2 weeks after layed off?

    I'm worried that I may have screwed up not filing sooner.. I've legitimately been employed for almost two years but am going to be out of work in the beginning of July. For the passed 2 weeks I've been getting payed off the books so filing for unemployment totally slipped my mind.. Am I still able to... show more
    I'm worried that I may have screwed up not filing sooner.. I've legitimately been employed for almost two years but am going to be out of work in the beginning of July. For the passed 2 weeks I've been getting payed off the books so filing for unemployment totally slipped my mind.. Am I still able to file and collect unemployment benefits if I apply now or am I completely screwed??
    6 answers · 1 day ago
  • Do health premiums go up if an employees spouse gets large treatments for things such as cancer?

    I know a person who was told their health insurances premiums went up because an employees wife was sick and had to get treatments for her cancer. He told me his whole company knew but his HR told him that was the reason. Can anyone help? I found this extremely unethical.
    I know a person who was told their health insurances premiums went up because an employees wife was sick and had to get treatments for her cancer. He told me his whole company knew but his HR told him that was the reason. Can anyone help? I found this extremely unethical.
    13 answers · 6 days ago
  • Benefit form help???????

    I'm signing forms for my benefits for work. It asks " how many hours I work per week" does it mean how many hours I work in 1 week?? Or every 2 weeks???
    I'm signing forms for my benefits for work. It asks " how many hours I work per week" does it mean how many hours I work in 1 week?? Or every 2 weeks???
    11 answers · 6 days ago
  • What difference is it making if I claim a windshield?

    So we just had a hail storm in Colorado Springs and my windshield got hit by a grapefruit sized ice ball. This is my first time in ten years with USAA making a claim and I have a $500 deductible. So what difference is it making if the windshield repair is $220 if I pay out of pocket or claim it through insurance if... show more
    So we just had a hail storm in Colorado Springs and my windshield got hit by a grapefruit sized ice ball. This is my first time in ten years with USAA making a claim and I have a $500 deductible. So what difference is it making if the windshield repair is $220 if I pay out of pocket or claim it through insurance if either way I m paying $220? Lets say I make a claim a week from now for a $1500 repair, will I only pay $280 and insurance covers rest? If that is the case, how long till the deductible resets? Every time the policy renews?
    20 answers · 1 week ago
  • Becky’s comprehensive major medical health insurance plan at work has a deductible of $750.?

    The policy pays 85 percent of any amount above the deductible. While on a hiking trip, Becky contracted a rare bacterial disease. Her medical costs for treatment, including medicines, tests, and a six-day hospital stay, totaled $8,893. A friend told her that she would have paid less if she had a policy with a... show more
    The policy pays 85 percent of any amount above the deductible. While on a hiking trip, Becky contracted a rare bacterial disease. Her medical costs for treatment, including medicines, tests, and a six-day hospital stay, totaled $8,893. A friend told her that she would have paid less if she had a policy with a stop-loss feature that capped her out-of-pocket expenses at $3,000.
    3 answers · 3 days ago
  • Why is my insurance showing as inactive?

    Best answer: Did your dad's insurance change so that your doctors are no longer on the plan? Did the doctors change what coverage they accept? Did your dad drop your coverage? Are you sure that you are providing the doctor's office the correct information? Is there an error that dad needs to fix? It's one of those... show more
    Best answer: Did your dad's insurance change so that your doctors are no longer on the plan?
    Did the doctors change what coverage they accept?
    Did your dad drop your coverage?
    Are you sure that you are providing the doctor's office the correct information?
    Is there an error that dad needs to fix?

    It's one of those situations... figure out which one.
    Good luck.
    9 answers · 1 week ago
  • Health insurance.. Medicaid in KY?

    Best answer: *losing I don't think one has anything to do with the other but I'm only applying logic to this, not actual experience. Since you added him to yours, that coverage should be effective immediately, since presumably you're being charged for it beginning when you called. Once he receives the cards he can... show more
    Best answer: *losing
    I don't think one has anything to do with the other but I'm only applying logic to this, not actual experience.
    Since you added him to yours, that coverage should be effective immediately, since presumably you're being charged for it beginning when you called. Once he receives the cards he can start using them.
    The other insurance being canceled is the responsibility of his former employer; your husband's only responsibility is presenting the correct insurance cards when he is seeking medical treatment so that the correct insurance company is billed.
    6 answers · 1 week ago
  • Car insurance.?

    So I'm 18 trying to buy a car. Insurance quotes even for state minimum are ranging at least 5k for a six month policy! Is there a way to get around this! Possibly put it In a parents name and then pay insurance under their policy?
    So I'm 18 trying to buy a car. Insurance quotes even for state minimum are ranging at least 5k for a six month policy! Is there a way to get around this! Possibly put it In a parents name and then pay insurance under their policy?
    24 answers · 2 weeks ago
  • Health Ins Help?

    Cigna Healthcare · Cigna Connect 200-4 Silver Plan type: EPO Plan ID: 99248TN0060014 OR BlueCross BlueShield of Tennessee · Silver S04S, Network S Silver PPO National provider network Plan ID: 14002TN0330240 If you know the difference, would you advise me which one would be best? sorry for not giving further... show more
    Cigna Healthcare · Cigna Connect 200-4 Silver Plan type: EPO Plan ID: 99248TN0060014 OR BlueCross BlueShield of Tennessee · Silver S04S, Network S Silver PPO National provider network Plan ID: 14002TN0330240 If you know the difference, would you advise me which one would be best? sorry for not giving further details yahoo wouldnt let me post the question
    5 answers · 1 week ago
  • What is cheap health insurance for a college student in Maine?

    Title says it all. I was under my father s Mainecare. I turned 21 and need to get my own health insurance. If I dont my college will force me to buy theirs which is $1800 for both semesters. Is there anything cheaper out there?? I don t smoke and am healthy.
    Title says it all. I was under my father s Mainecare. I turned 21 and need to get my own health insurance. If I dont my college will force me to buy theirs which is $1800 for both semesters. Is there anything cheaper out there?? I don t smoke and am healthy.
    10 answers · 2 weeks ago
  • Copayment for a check up?

    My son’s doctor is out of network. He has a check up and is getting shots as well. I was told by his health insurance that they’ll cover it. It is when he gets sick that they will not. Is this right? Is it like this for most insurance companies? Just want to see if anyone has experienced this. If you have, did you... show more
    My son’s doctor is out of network. He has a check up and is getting shots as well. I was told by his health insurance that they’ll cover it. It is when he gets sick that they will not. Is this right? Is it like this for most insurance companies? Just want to see if anyone has experienced this. If you have, did you pay for the office visit. I know I can just call again but I want to know what others say.
    12 answers · 2 weeks ago
  • Can I use culinary health fund as my primary and secondary for double insurance coverage?

    I live in Nevada. I’m under my moms insurance which is Culinary, however I work in a Culinary union job and I can get my own coverage plan also. For example when I want to go to the doctor can I get double coverage with the same insurance if I were to get braces? I would put my moms culinary for primary and my own... show more
    I live in Nevada. I’m under my moms insurance which is Culinary, however I work in a Culinary union job and I can get my own coverage plan also. For example when I want to go to the doctor can I get double coverage with the same insurance if I were to get braces? I would put my moms culinary for primary and my own culinary for secondary???
    8 answers · 2 weeks ago
  • Primary and Secondary Insurance?

    Best answer: You're right; they're wrong -- unless the secondary is medicaid. Providers that don't accept medicaid aren't allowed to treat medicaid patients, even if they are willing to pay out of pocket. If you have medicaid and the doctor or facility doesn't accept medicaid, then the only way around it... show more
    Best answer: You're right; they're wrong -- unless the secondary is medicaid. Providers that don't accept medicaid aren't allowed to treat medicaid patients, even if they are willing to pay out of pocket. If you have medicaid and the doctor or facility doesn't accept medicaid, then the only way around it is to cancel your medicaid.

    If your secondary is not medicaid, then there is no problem; you just use only your primary, the same as if it was your only insurance, and pay whatever you would have paid if the primary was your only insurance, and you didn't have a secondary.
    6 answers · 2 weeks ago