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How's This Lease?
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36,000. Dunno. Not a factor though.
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whoops, you did mention the mileage in your original post. i read right over it. apologize!
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No worries. Opinion?
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So, you're paying $10,000 to drive the car 3 years and 36K miles. If you bought the car for $22,900 and then sold it 3 years later with 36K miles, you'd probably get about $11,500 (based on current KBB trade in value on a '14) so you're probably way ahead on the lease option, since buying would cost you $11,400 (plus sales tax when you buy it)
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I went to a second Honda dealer today. When I finally nailed him down on a 3/36 lease, he said "Absolutely no money down, no up front money, nothing at all. You make your first of 35 payments a month later." He quoted about 280 a month, which when you run the numbers is $50 difference from the other H dealer. Providing dealer #1 also has nothing other than the $1000 straight up front.
I really like the way these cars drive. It's probably similar to how the Chrysler Turbine Car of the '50s drove. It had no transmission, just a turbine engine.
I'm glad the Forte5 SX have been so hard to find. If I'd found the right deal I'd have done it. And it would've been fine, but I think this Civic is a step or two ahead.
I really like the way these cars drive. It's probably similar to how the Chrysler Turbine Car of the '50s drove. It had no transmission, just a turbine engine.
I'm glad the Forte5 SX have been so hard to find. If I'd found the right deal I'd have done it. And it would've been fine, but I think this Civic is a step or two ahead.
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the other issue at hand is how many miles do you drive? i could never lease a vehicle. i would use up all the mileage in the first 12 months.
if you don't plan on using it much...then, i guess it's ok. but, paying $250+ a month to be limited in use...is high for my tastes.
fwiw - my payment on my '14 EX is less than $200 month...and i can drive it as much as i want to - modify it however i want. if i add personal property tax and insurance....i'm right around $250/month. (now, i had to go to 4 different dealers and negotiate hard with them to get the deal that i felt comfortable with).
it sounds like you are comfortable with the $250 lease....and if so, that is all that matters at the end of the day. we all have different wants, needs and budgets.
if you don't plan on using it much...then, i guess it's ok. but, paying $250+ a month to be limited in use...is high for my tastes.
fwiw - my payment on my '14 EX is less than $200 month...and i can drive it as much as i want to - modify it however i want. if i add personal property tax and insurance....i'm right around $250/month. (now, i had to go to 4 different dealers and negotiate hard with them to get the deal that i felt comfortable with).
it sounds like you are comfortable with the $250 lease....and if so, that is all that matters at the end of the day. we all have different wants, needs and budgets.
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I was asking for opinions about the lease costs from people who are familiar with or knowledgeable about lease rates for these cars.
A 3/36 is well within my use window. I don't drive 36,000 miles per year. If I did, I wouldn't be looking at a lease.
I've done leases, I've done purchases.
I don't mod my cars.
A lease looks like it'll work better at this point for numerous reasons.
I'm just asking opinions from people with some knowledge of the lease world.
Thanks for your input.
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