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Prices Paid: Buying & Leasing Experiences Honda S2000 Prices Paid and Buying Experience
416 messages, Last post on Oct 10, 2009 at 7:11 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
As Dennis pointed out in detail the lease deal that ended 7 July was a VERY good deal. Low out-of-pocket costs with a low payment and guaranteed "buy back" after 3 years is just really hard to beat ... especially for those of us closing in on retirement with a lot of current expenses. Word the S will soldier into 09 gives confidence that the car will continue to be available; at what price is the unknown. The S market is soft. Likely, leftover 08s will sell at a bigger discount as selection goes away, and likely without a good lease deal. MSRP on 09s will likely rise a bit given the dollar's weakness, and initial discounts aren't likely to best the $30K and change price available on cars out there now. Whether a great lease deal on an 09 S comes round any time soon is doubtful. This makes the argument to try to buy now compelling. The BIG sticking point on buying is the matter of either big down payment or a big monthly payment. (Of course, the idea of what's "big" is relative ... to think I used to think I could afford a new Boxster.) Any words of wisdom to help escape this darkness is appreciated. How much could a guy lose by waiting? Timing can be everything, neh? 
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Replying to: bonvivant (Jul 31, 2008 2:08 pm) Dennis |
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Replying to: dwynne (Jul 31, 2008 5:05 pm) Local dealer with whom I think I could work has a red and also silver car. A lot of cars can't wear red, and the New Formula Red is a great red. So, naturally, when I mention to my better half I might go for the red S, she rolls her eyes and quotes my past about waving a red flag in front of a bull -- or in this case, the CHP. That's what I get for telling her how I used always get pulled over when I was MUCH younger and had 66 Alfa Spyder --red, of course. What's been your experience with your red cars? And -- finally -- I'm guessing a dealer's more likely to cut the best and quickest deal deal on a car he's had on his floor for over 5 weeks, as opposed to having to jump through the added hoop of a dealer trade. Make sense?
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Replying to: bonvivant (Aug 01, 2008 12:14 pm)  . If you are over in the hammer lane going fast they will nail you even if you are in a Yugo. You do get some of the "slow down" looks from other folks who just think you must be going fast, but LEOs use their tools and those are color blind. I run V1 detectors in my cars "just in case". That is always true, if they have it on the lot (along with some more of the same model) then they have high motivation to move it. If they have to dealer trade you have to pay for the trouble one way or another. If the dealer is close enough to cost much, just try for a deal with the dealer that has the car on the lot. Finding a dealer that will make a nice Internet deal without much work on your part is sweet. Hennessy in GA is where I got mine and nothing could have been easier - but I did have a pretty long drive to get the car. The local dealerships would not have touched my "down into the hold back" price with a ten foot pole. Dennis
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Replying to: dwynne (Aug 01, 2008 12:26 pm) member -- at least not in terms of making price [and a manufacturer's profits] sacrosanct portals of entry. I usually pull for underdogs. Though it may be a stretch to think of Honda as and underdog, it's fun to see them (Acura) becoming very competitive very quickly in American Le Mans racing against the vaunted German brands. |
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Replying to: dwynne (Jul 31, 2008 5:05 pm) they were advertising 799 a month with taxes up front for 24 months 12k miles not fully loaded no navi none of that stuff so it just goes to show you. same thing with the deal my mother got on an 08 jetta. she got that sign and drive for $2 lower than the advertised price with a auto trans wheras it was being offered on their promotion with manual. like $1800 difference on the msrp. so advertised deals always have room in them. point being i am trying to time for any sort of lease deal on this car. i understand how you are getting a better deal on a purchase but it's out of my budget currently. there's gotta be a way to get this car with everything rolled in and at or under 400. if they are selling them for 30k or so then a 30k car must have a really shitty MF to get the payment upto the high 4s. getting this car and paying $500 a month on a lease is flat out retarted. it's been out for 8 years now, i remember when it first came out it was different there was tons of hype now it's a waste of money to pay that much. just my opinion. if they know could someone verify the august MF and residual on a 36 month 12kmi lease???
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Replying to: aramism (Aug 02, 2008 5:36 pm) |
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Replying to: aramism (Aug 02, 2008 5:36 pm) For July it was 0.00280 for 36, 0.00265 for 48 which are terrible rates - so I didn't bother to ask what the residual is (was). The dealer incentive only applies (now) to sales and not leases. Dennis
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Replying to: dwynne (Aug 03, 2008 5:03 pm) thanks for the info by the way. aram
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Replying to: aramism (Aug 05, 2008 8:16 am)
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