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Prices Paid: Buying & Leasing Experiences
Honda S2000 Lease Questions

270 messages, Last post on Dec 01, 2008 at 5:20 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: accelerator (Apr 06, 2007 2:10 pm) Dennis |
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Replying to: dwynne (Apr 06, 2007 1:49 pm)
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Replying to: rd1ofakind (Apr 11, 2007 9:11 am) Magic 8 Ball's Response: "Ask Again Later"
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Replying to: accelerator (Apr 11, 2007 10:45 am) If I had to choose between not having an S2000 and paying the normal lease price, I guess I would pay up. While there is still a chance they will offer a sweeter deal, I would wait. Note: easy for me to say as I have an S2000 to drive Dennis |
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Replying to: 23109vc (Apr 06, 2007 7:54 am) Car_man Host Prices Paid Forum |
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Replying to: 23109vc (Apr 06, 2007 9:42 am) Car_man Host Prices Paid Forum |
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got a dealer to $5000 out of pocket at signing and $320/month for 36 months with 12k miles/year. all costs, tax, etc included in this. good or bad deal?
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Replying to: dwynne (Apr 06, 2007 11:08 am) I can't get over how easy the software is to use! I punched in the numbers into my Palm and compared that to LeaseCompare and it is a match so I now have confidence with the application. I'm still foggy on how you were able to help some of the other people posting their lease rates by working backwards, but maybe that will come to me once I've worked with the program a little bit. Again, thanks for the link and tool... this will be the best $10 I've spent.
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Replying to: accelerator (Apr 18, 2007 6:44 am) Keep in mind on the LeaseCompare numbers they have rolled the lease fee into the deal so all that is due is first month. You have to add that to the cap cost you enter to make the payment work out - but you are not required to roll the fee in when/if you actually did a lease with them. With the tools I have, I just use trial and error to work the numbers backwards. If you take the "deal" on the Honda web page it shows the net cap and residual, you know the term is 36 months. There can only be 1 MF that makes the payment they show - I worked it backwards for 0.00280 and the car_man confirmed it (from the lease offer sheet from Honda). So you just plug in what you know and guess at the MF, payment too high means MF too high, change and retry, etc. Now you are all set - you just need for Honda to offer that cheap rate again Dennis |
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These numbers are: April 07, April 06, % change, YTD 07, YTD 06, % change. S2000 533 645 -10.5% 1,378 1,987 -30.6% Even with the $2k dealer money they only moved 533 cars last month, down 10.5% from last year. YTD is even worse, down nearly 31%. Either more dealer money, cheap financing/lease, or both may be coming this month????? Dennis
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