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Honda S2000 Prices Paid and Buying Experience

416 messages,  Last post on Oct 10, 2009 at 7:11 PM

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What is this discussion about? Honda S2000, Convertible

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#398 of 416 Re: Conundrum? [dwynne] by aramism Aug 02, 2008 (5:36 pm)
Replying to: dwynne (Jul 31, 2008 5:05 pm) i don't buy what they post online. i got my last car (05 infi m45 sport) literally loaded for 698 a month all i paid was first month and $35 to transfer plates with 15k mi for 24 months.   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??? Replies to this message: aramism (Aug 02, 2008 9:30 pm) dwynne (Aug 03, 2008 5:03 pm) aramism (Aug 05, 2008 8:16 am) aramism (Aug 16, 2008 8:56 pm) and 2 more...
#399 of 416 Re: Conundrum? [aramism] by aramism Aug 02, 2008 (9:30 pm)
Replying to: aramism (Aug 02, 2008 5:36 pm) correction. 06 infi m45. not sure how to edit to i had to repost. not 05 infi m45, 06
#400 of 416 Re: Conundrum? [aramism] by dwynne Aug 03, 2008 (5:03 pm)
Replying to: aramism (Aug 02, 2008 5:36 pm) if they know could someone verify the august MF and residual on a 36 month 12kmi lease???   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 Replies to this message: aramism (Aug 05, 2008 8:16 am) aramism (Aug 16, 2008 8:56 pm) dwynne (Aug 17, 2008 5:34 pm) and 1 more...
#401 of 416 Re: Conundrum? [dwynne] by aramism Aug 05, 2008 (8:16 am)
Replying to: dwynne (Aug 03, 2008 5:03 pm) yikes...   thanks for the info by the way.   aram Replies to this message: aramism (Aug 16, 2008 8:56 pm) dwynne (Aug 17, 2008 5:34 pm) aramism (Aug 17, 2008 9:19 pm)
#402 of 416 Re: Conundrum? [aramism] by aramism Aug 16, 2008 (8:56 pm)
Replying to: aramism (Aug 05, 2008 8:16 am) i always wondered this. can a dealer touch the money factor. is there yield spread and stuff like that or is it a rock solid rate. i would imagine the dealer has the ability to juice up a money factor to make some back-end money from the bank no? i know they can goto different banks like han and whatnot but as far as let's say a honda dealer dealing with AFHC bank. Replies to this message: dwynne (Aug 17, 2008 5:34 pm) aramism (Aug 17, 2008 9:19 pm)
#403 of 416 Re: Conundrum? [aramism] by dwynne Aug 17, 2008 (5:34 pm)
Replying to: aramism (Aug 16, 2008 8:56 pm) Normally, the AHFC payment will net out to less than a 3rd party lease bank. The residual is normally inflated over with a 3rd party bank will do and when on special the rate will be a good bit lower. It always pays to check to see if you can get a better deal - or simply wait until AHFC has a special deal, as no other bank can touch that.   Dealers can mark up the money factor for extra profit for the finance department. They can also mark up the $595 bank wee for more profit. They can't touch the residual, it is set by AHFC. I don't know if I have ever heard of a Honda dealer mark up a lease rate, but I assume somewhere some of them do this. High end dealers (BMW, Infiniti, etc) often do this and it can be hard or impossible to get a lease at the buy rate.   Dennis Replies to this message: aramism (Aug 17, 2008 9:19 pm)
#404 of 416 Re: Conundrum? [dwynne] by aramism Aug 17, 2008 (9:19 pm)
Replying to: dwynne (Aug 17, 2008 5:34 pm) hmmm. well i mean i know that they do have other banks like HAAN financial however from what i heard (not sure how true) that they are very strict when it comes to wear and tear wheras with honda bank they give you the $1500 allowance even on smashed bumpers and stuff which i know is true as my mother had a civic and all stuff upto $1500 was waiged and she had a bill for literally like $6.00 or something. it is good to have as driving in NYC only god himself can keep a car totally mint in even just one week. rim dings, bumper scratches are irrelevant even if you are a perfect driver.   i mean i'm just gonna wait for sept and call up a bunch of dealers and get the specs on their offered deal. MF, resid, cap cost, etc. and theoretically if the MF is set by the bank and is rock solid then every single dealer should tell me the same MF and the only difference in any of the variables should be the cap cost, or the cost they are selling the car to the bank to or however that works, the "loan amount" on the lease. every other variable should be identical otherwise someone is either lying or they can go in and mark up or buydown the rate.
#405 of 416 Proud new owner by confused13 Aug 25, 2008 (4:24 pm)
I found a brand new 2007 leftover in the color I wanted (yellow) and got it for $26,500 plus a $99 doc fee. I plan to keep it for a number of years, so I think resale will be just fine with '07 vs '08 (plus I like the wheels on the '07 better). Even with 4.9% vs Honda's 2.9%, payment is better and I've got a great car for almost half of some of the competitor cars! I couldn't be happier. Replies to this message: fitisgo (Aug 25, 2008 5:56 pm) accelerator (Aug 26, 2008 5:15 am)
#406 of 416 Re: Proud new owner [confused13] by fitisgo Aug 25, 2008 (5:56 pm)
Replying to: confused13 (Aug 25, 2008 4:24 pm) Yes, it sounds like you got a really great price. Superior Honda of Omaha, NE, also has a leftover 2007 in yellow on their showroom floor. The MSRP is about $34,500 (I rounded off) and they are advertising $6,500 off, or $28,000. I thought this was a good price. If you were able to negotiate another $1,500, you did very well.
#407 of 416 Re: Proud new owner [confused13] by accelerator Aug 26, 2008 (5:15 am)
Replying to: confused13 (Aug 25, 2008 4:24 pm) Nice job and nice find, yellow is the best color if I do say so myself. I too, like the wheels on the 07. Takes forever to clean the spokese but as dwayne said, his boss's son cleans his car so the spokes don't bother him. For the rest of us, though... When the car is clean, even under a bright moon, it simply sparkles. That pearl finish is awesome. Wait until September, you are going to have a great time in this car (still a little warm here in Texas for top down diving except at night).   Congrats and welcome to the club.

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