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Prices Paid: Buying & Leasing Experiences Honda Civic Prices Paid and Buying Experience
9208 messages, Last post on Dec 04, 2009 at 11:38 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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I signed a "buyer's order" yesterday with this deal on it. Didn't yet sign a leasing contract or put any money down. I am supposed to mail a check tomorrow for $500 though to hold the incoming car. The deal is on a 2006 EX sedan without navigation: my car ($1750) 1900 cash, taxes and fees included and 204/month plus tax for 42 months, 12K miles/year. I am nervous that I made a bad decision. It seems that all over the message board it says not to put any money down on a lease. I am not sure if I am locked into this deal by signing that "buyer's order" or what. I tried at least three other dealerships - they all agreed to match this deal but refused to beat it even if I threatened to walk out so I thought that that was the best I could do. Also, this dealership has the car coming in that I want (royal blue with tan interior) in the next week. it does seem that dealerships here are very low on stock so I am wary to back out. the other part of the story is that I have a car that is about to fall apart as my trade in so I would like to dump it ASAP. I have no idea about a money factor and don't know the residual or how to find it out so don't get too complicated on me. my county has 7% tax if you need to know this. I really appreciate any help and advice you have to offer. Thanks. |
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What does it mean that I signed a buyer's order ?? I think I want out of the deal I signed a buyer's order on ... I think I could do a lot better after reading some posts. I didn't give them any money. Can I still back out or change the deal ? HELP !! This is supposed to happen today !!
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| We put a deposit down for a 2003 Accord Coupe EX-L back in October 2002 and when they couldn't produce the car we got our $500 deposit back even though we had signed the buyers order. | |
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Replying to: cmmarsch (Oct 31, 2005 5:42 am) I am guessing that if no money has yet changed hands, you're not locked into it. If you don't send them the $500 check, they're not going to hold the vehicle for you. And this is currently a hot-seller, so they're not exactly going to have a problem getting rid of it. kirstie_h Roving Host Host, Future Vehicles & Smart Shopper discussions
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Replying to: manueltrans1 (Oct 31, 2005 12:12 am) |
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Replying to: avatarx (Oct 30, 2005 6:41 pm) It's true, there are no "factory orders". Cars are allocated to dealers based on volume. It only makes sense that the dealers who sell the most get the highest allocated. The dealers can choose the cars they want. So, a small dealer may not order any cars that aren't very popular. As an example, for every five speed NAVI they order ther would be one fast seller they wouldn't get. |
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Replying to: kirstie_h (Oct 31, 2005 6:15 am) Do you think I got a bad deal on my lease as that's really my concern ? trade in car worth 1750 plus 1900 cash (includes TTL and other fees/taxes) 42 month 12K miles/year at 204/month. I am just wondering if I should have tried to put less down and paid a little more in payments. i saw that someone else on this board paid 650 down. same lease terms but 260/month. that seems much better than my deal. |
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Replying to: cmmarsch (Oct 31, 2005 7:07 am) Looks like the total of your monthly payments, plus your trade and down payment puts you at $12218 total. Any other fees at lease end, like a drop off fee? That's why I hate leasing so much, so many other variables the dealer can use to confuse you. Sorry I couldn't have been more help. |
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Replying to: isellhondas (Oct 31, 2005 6:24 am) Please don't use the phrase '5 Speed' to describe the Manual Transmission 06 Civic Sedan. The Automatic Transmission is also '5 Speed'. I am here just remembering the 'slick salesman' trying to confuse me by changing the words out of my mouth and tried to take my deposit and make me sign a paper for the wrong car. "Yes, I do have a 5 Speed coming in, it is here on the Computer Screen.....see." HE MUST HAVE BEEN FACING EVICTION FROM HIS APARTMENT FOR LACK OF RENT. ANYONE HE TALKS TO, HE Attempts to GET RENT MONEY OUT OF HIM. Whatever it takes for a short term gain. These are the actions of truly desperate and starving people. Car Salesmen are not really a bad bleed, they are just people in a bind. I am glad I am a car buyer, and not a car salesperson. Thanks for the information about car allocations for dealers. Knowledge is always helpful. Sincerely, Manny
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Replying to: cmmarsch (Oct 31, 2005 7:07 am) I agree with the host the salesperson will not hold you to an agreement on a vehicle he can sell same day. He/she may use a scare tactic at worse. If your having second thoughts call your dealership up and tell your salesrep, maybe you can agree on new parameters? You may find out your really don't need or want to lease.
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