Under The Radar – By Happenstance I Heard About An Amazing Car Lease Deal Via The Grapevine!

Under The Radar – By Happenstance I Heard About An Amazing

Car Lease Deal Via The Grapevine!

 You’ve all heard the adage “if it sounds too good to be true, then it usually is.”

Once or Twice In A Lifetime A Deal Too Good To Be True Just May Be The Real Deal!

Well, here’s something that really is.  At least for me.  Most, if not all of you, have never heard of a Toyota Mirai.  I hadn’t either until a colleague had lunch with a prominent client of his, came back to our office and told me about The Mirai Lease Deal.  He told me about the terms of the deal and I quickly went to my best friend, Google, typed in Toyota Mirai Lease and saw that the terms were precisely as he exclaimed.

Never Leased A Car Before

I’ve never leased a car before.  The 2007 Jeep Grand Cherokee All Wheel Drive that I was driving was in great shape despite having 188,000 miles on it, and when on my annual two separate one week excursions to Lake Tahoe, served me well even if it snowed.

The Deal of A Lifetime!!

Here’s what Toyota is offering:


per month

36 months


due at signing

+$15,000 Complimentary Fuel Card


Lease a New 2018 mirai for as low as $349 /month for 36 months*. Lease includes a Complimentary $15,000 Fuel Card**, ToyotaCare No-cost maintenance for 35 months***, and Eligible for the HOV lane sticker and/or $5,000 CA Rebate****




*Lease Offer valid from 08/01/18 through 09/04/18 or until all new 2018 Mirai vehicle stock is sold, whichever comes first. Available only on approved credit to very well-qualified applicants through participating Toyota dealers and Toyota Financial Services on new 2018 Mirai. Offer based on MSRP of $58,365 + $920 for delivery, processing and handling and 12,000 miles/year limit. Monthly payment may vary depending on final negotiated price of vehicle and other amounts you qualify to finance, and your credit qualifications. See dealer for vehicle and lease program details. Offer only available in CA for customers residing in CA within close proximity of an operating hydrogen station. Toyota Financial Services is a service mark of Toyota Motor Credit Corporation (TMCC). TMCC is the authorized attorney-in-fact and servicer for Toyota Lease Trust.

**Complimentary fuel for three years or $15,000 maximum, whichever comes first. The three-year period starts on the date of card activation or 90 days after vehicle sale or lease commencement date, whichever is earlier. Fuel card is nontransferable. The Mirai is a hydrogen-powered fuel cell vehicle that must be fueled at hydrogen stations conforming to the latest Society of Automotive Engineers (SAE) hydrogen fueling interface protocol standards or laws that may supersede such SAE standards. Refer to the Mirai Hydrogen Stations Locator App in Entune™, www.toyota.com, or call Toyota customer service at 1-800-331-4331 for information on hydrogen fueling stations available to Mirai. *** Standard ToyotaCare covers normal factory scheduled maintenance for two years or 25,000 miles, whichever comes first and also includes 24-hour roadside assistance for two years, regardless of mileage. The Mirai enhancement of ToyotaCare—a total of 3 years or 35,000 miles, whichever comes first—is valid only at authorized Mirai Fuel Cell dealers in the continental United States. See an Authorized Mirai Fuel Cell dealer for details and exclusions. Roadside Assistance coverage is 2 years unlimited mileage. Does not include parts and fluids, except emergency fuel delivery. See Toyota Dealer for details and exclusions. Valid only in the continental U.S. & Alaska. ****Current incentives for Hydrogen Fuel Cell Vehicles as of January 2018. Eligibility is based on income. Certain individuals may be eligible for $5,000 or up to $7,000 CA rebate and/or a CA HOV carpool sticker, allowing single-occupant use of HOV lanes in California. State incentives are for informational purposes only. They are subject to change without notice, and do not constitute tax or legal advice. Government incentives are not within Toyota’s control and all persons considering use of available incentives should consult with their own tax professional to determine eligibility, specific amount of benefit available, if any, and further details. Please see cleanvehiclerebate.org for more details.

My Experience

I called Toyota of Santa Monica and was fortunate enough to speak with Tony Doyle, Phone # (424) 336-9050/(424) 336-9177, who treated me like royalty.  Tony took me for a test drive, let me get behind the wheel and the drive was like floating on air, smooth as silk.  The color of the car was dark blue, which is what I preferred.

We proceeded to his desk and he went through the deal with me, he inspected my trade-in and gave me the deal of a lifetime.

This car for me has been “the cure for the summertime blues.”  It drives like a Mini-Spaceship, is fun, and is a total pleasure to drive.  It runs on hydrogen and is environmentally friendly! Such an Amazing Deal!!

**Two Caveats: 

  1. Check with your tax professional as to the taxation of the $5,000 CA Rebate and $15,000 Complimentary Fuel Card or call me. 

 2.  This deal may not be for you if you can’t afford it, the shoe doesn’t fit or you have a good car that you’re drving.

Just wanted to share this with you kind folks!

Back To Taxes and What’s Been Keeping Me Busy This Summer!

Several years ago I wrote an article entitled “How Not To Finance Your Business,” that was published in The Valley Business Journal.  In the first paragraph it warns business owners not to finance their business by borrowing from the government by getting behind or ceasing to pay the payroll taxes they’ve withheld from their employees to keep their business afloat.  Although it’s tempting to reach into the cookie jar, the consequences of doing so can be harsh.

Fast forward to this summer.  Four or five Corporations have hired me to represent them in Payroll Tax cases to get an installment agreement or another resolution with The IRS and/or EDD.

Payroll Tax issues are very sensitive as the employer who withholds one-half of the social security, medicare taxes and federal and/state withholding is entrusted to pay them in to the IRS and/or EDD.  If a business falls behind on them, it’s literally akin to stealing and not looked at lightly.  The IRS or EDD can threaten to shut the business down, levy the corporation bank account and impose the Trust Fund Penalty on the signer of the payroll checks, usually the shareholder/officer/owner.  Additionally, the IRS/EDD can file tax liens and hurt the corporations/individual owner’s credit, which makes it very tough and/or virtually impossible to borrow funds to pay it off.

When this situation takes place the business owner usually gets in deep to tune of five or six figures in my experience until the IRS and/or EDD come knocking and then I get a phone call.

Don’t make this mistake or let your friends make it.  If you or they do, call me at (818) 632-2053 since I’m intimately familiar with this issue and can help!

Happy Summer!

Lawrence J. Danny CPA

Lawrence J. Danny CPA P.C.

Former IRS Agent