Looking to lease Accord LX
#11
03-09-2006 | 05:46 PM
Senior Member
Joined: Feb 2006
Posts: 6,290
From: Montana
RE: Looking to lease Accord LX
I'd chalk that up to a smart decision... IF you were going to keep the car and "run it into the ground" you'll be out a few grand by leasing first but if you trade it in you're fine... good decision for your situation if you ask me... congrats!
#12
03-14-2006 | 05:03 PM
RE: Looking to lease Accord LX
I 2nd and 3rd this answer, I also lease one of my new cars and I buy them out at the end for whats left on them and then I resell them at a good profit...
WheelBrokerAng
WheelBrokerAng
ORIGINAL: sir_nasty
I'd chalk that up to a smart decision... IF you were going to keep the car and "run it into the ground" you'll be out a few grand by leasing first but if you trade it in you're fine... good decision for your situation if you ask me... congrats!
I'd chalk that up to a smart decision... IF you were going to keep the car and "run it into the ground" you'll be out a few grand by leasing first but if you trade it in you're fine... good decision for your situation if you ask me... congrats!
#13
03-16-2006 | 01:10 PM
Unregistered
Posts: n/a
RE: Looking to lease Accord LX
ORIGINAL: lightshow
be happy to....first off you never lease a car unless your a yuppy doctor or something or you have a golddigging wife that needs a new car every two years.
and then.....you never get a LX......all leather moonroof v6 premium wheels premium system navigation EX tell em youll give em 22000 cash get financing at your bank for 5 percent or less pay 2200 or less down and have your payment be about 260 a month and own that XXX.. what are you thinking? you have to give the car BACK at the end of the lease and they dont give you any money....hell they are prolly going to charge you more money cause you went over the allowable miles, and you cant make any modifications on it either unless you want to change it all back when your done with it. a properly maintained honda will last you a lifetime and probably a half million miles get a damn chevy malibu or something if your gonna lease for 2 or three years. jeesh
be happy to....first off you never lease a car unless your a yuppy doctor or something or you have a golddigging wife that needs a new car every two years.
and then.....you never get a LX......all leather moonroof v6 premium wheels premium system navigation EX tell em youll give em 22000 cash get financing at your bank for 5 percent or less pay 2200 or less down and have your payment be about 260 a month and own that XXX.. what are you thinking? you have to give the car BACK at the end of the lease and they dont give you any money....hell they are prolly going to charge you more money cause you went over the allowable miles, and you cant make any modifications on it either unless you want to change it all back when your done with it. a properly maintained honda will last you a lifetime and probably a half million miles get a damn chevy malibu or something if your gonna lease for 2 or three years. jeesh
sorry but I'm a newb. I'd be interesting in how to go about achieving this proposition. $260/month x 60 months = $15600.00 add that to the $2200 down and you're still only at $17800.00. That still leaves $4200.00 hanging and doesn't account for tax and title. How are you figuring this? I'm in the market for a new car so I'm quite interested.
#14
03-16-2006 | 02:46 PM
Senior Member
Joined: Feb 2006
Posts: 6,290
From: Montana
RE: Looking to lease Accord LX
More realistically the biggest thing most car dealerships are concerned with (besides credit ratings of course...) is how much do you want to pay a month? For Example My GF purchased a new car for like 22 or 21k and pays about $350.00 a month x 60 I believe (don't remember what the down payment was...) Once you get above about 16,500.00 and you're financing you're probably going to go over $300.00 a month in payments. So basically I don't think lightshow's figures are 100% accurate I think they were more of a generalized statement for the sake of argument... Let me know if this is what you're trying to figure out or if you have another question..
#15
03-16-2006 | 06:38 PM
Unregistered
Posts: n/a
RE: Looking to lease Accord LX
Thanks Sir Nasty,
That's what I was thinking, I didn't see how it was possible to have a payment that low on a $22K car and only put down $2200.00. I'm in the market for a new car and currently I'm considering my purchase versus lease options; I've never been a leasing person so I'm trying to give it an objective look. I figure that since I don't rack up huge miles that it might be a good option for me.
That's what I was thinking, I didn't see how it was possible to have a payment that low on a $22K car and only put down $2200.00. I'm in the market for a new car and currently I'm considering my purchase versus lease options; I've never been a leasing person so I'm trying to give it an objective look. I figure that since I don't rack up huge miles that it might be a good option for me.
#17
03-16-2006 | 08:55 PM
Senior Member
Joined: Feb 2006
Posts: 6,290
From: Montana
RE: Looking to lease Accord LX
ORIGINAL: Sticky
Thanks Sir Nasty,
That's what I was thinking, I didn't see how it was possible to have a payment that low on a $22K car and only put down $2200.00. I'm in the market for a new car and currently I'm considering my purchase versus lease options; I've never been a leasing person so I'm trying to give it an objective look. I figure that since I don't rack up huge miles that it might be a good option for me.
Thanks Sir Nasty,
That's what I was thinking, I didn't see how it was possible to have a payment that low on a $22K car and only put down $2200.00. I'm in the market for a new car and currently I'm considering my purchase versus lease options; I've never been a leasing person so I'm trying to give it an objective look. I figure that since I don't rack up huge miles that it might be a good option for me.
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