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Honda Accord Lease Questions

3629 messages, Last post on Dec 04, 2009 at 9:38 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Sorry if this is in the wrong place. Here's my question: I have a truck I just purchased and owe about 12k on, I'm figuring the trade is about 18k. I'm going through a divorce and need to get some cash. My question is: can I trade the truck and, assuming the numbers above come through take 1 or 2 k out of the truck as a downpayment on a lease of an Accord or Civic and get a check for the balance? thanks in advance!
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Replying to: au1994 (Feb 02, 2009 5:33 am)
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Replying to: tedspread (Feb 02, 2009 10:11 am) |
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I've been reading the board for a week now. Lots and lots of help. Thank you! I'm interested in leasing an EX-L Coupe (pretty much the same MSRP as sedan) and in my notes I compiled a list of very detailed deals that people posted here. Then what I did is I calculated TOTAL $ spent over a 36 months lease 12K/year (including absolutely everything: monthly payments, fees, taxes, title, destination, etc.). The best deals range was about $11,300 to $12,300. Perhaps I'm missing something, but would it be a fair starting point in negotiations to tell the dealer, "How much below $12,000 all inclusive can you go?" And if he can't, then ask what he can do? I mean, in my mind, haggling over selling price, then haggling of any extra costs that dealer comes up with just makes the haggling process go much longer and makes it more complicated. No?
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Replying to: Car_man (Feb 01, 2009 5:56 am) |
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Replying to: infinitimn (Dec 14, 2008 6:10 pm) I e-mailed them, but whoever contacted me gave me much higher numbers. I wonder what initial internet quote you had -- just looking for reference to see if going there in person to haggle makes any sense. Thanks much in advance for reply! |
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Replying to: luvtolaf (Dec 28, 2008 2:43 am) |
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I e-mailed half a dozen dealerships on Long Island, NY and spoke to some of them on the phone, and the best offer I got is below. When comparing to what people have posted earlier in January and December (on comparative sign&drive level $30-40 per month less), this deal kind of sucks. (Perhaps they can knock off $10 if I show up in person; don't know how much more in-person negotiation can knock down). Any COMMENTS? All taxes and fees, unless stated otherwise are rolled into monthly payments. 2009 EL-X coupe, 4 cyl, auto Months 39 Miles 12k a year Upfront $447.19 (1st month payment and $67.50 for DMV Fees) plus your plates Monthly $379.69 Residual Value is 56% Buy Back is $15,218 Money factor is 0.002500 This is based on $23,910 selling price (incl. destination charge). |
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Replying to: Chumshonda (Feb 01, 2009 9:24 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: FlynHwn (Feb 02, 2009 9:10 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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