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Hello all!
Got into the market for a new car recently and was looking into an M3 for a while till I worked out the numbers some and figured I couldn't afford that and start a family. So now I'm looking at something fun for the weekends and decided to go with an S2k with all of it's glaring reviews. I still have to do a the final piece of my decision in the test drive (this week) but if that goes well, I have to decide on if I'm going to go for full buy out with a home equity line of credit, finance via honda finance, or take advantage of the lease deal that ends in 2 weeks.
I was looking up things on the site about depreciation and what not to help me decide but I didn't find anything on any perspective depreciation numbers. Plus you never know what depreciation is like if honda rolls out a new version in the upcoming years. Anyone have any advice as to what to go for should I decide I definately want the car? I know I'd have to move quickly as I would want the option to take the special lease deal that is available on the S2k until July. I appreciate any tips, suggestions, questions, anything. My last car was an STI that I ended selling after a little over a year and while I took a depreciation hit, it wasn't worse than if I would have leased the car from the get go. Thanks in advance!
Got into the market for a new car recently and was looking into an M3 for a while till I worked out the numbers some and figured I couldn't afford that and start a family. So now I'm looking at something fun for the weekends and decided to go with an S2k with all of it's glaring reviews. I still have to do a the final piece of my decision in the test drive (this week) but if that goes well, I have to decide on if I'm going to go for full buy out with a home equity line of credit, finance via honda finance, or take advantage of the lease deal that ends in 2 weeks.
I was looking up things on the site about depreciation and what not to help me decide but I didn't find anything on any perspective depreciation numbers. Plus you never know what depreciation is like if honda rolls out a new version in the upcoming years. Anyone have any advice as to what to go for should I decide I definately want the car? I know I'd have to move quickly as I would want the option to take the special lease deal that is available on the S2k until July. I appreciate any tips, suggestions, questions, anything. My last car was an STI that I ended selling after a little over a year and while I took a depreciation hit, it wasn't worse than if I would have leased the car from the get go. Thanks in advance!
Go to the Allegheny forum I have a post on the S2000 depreciation. It came in 4th highest in the country as reported by Edwards. You can't go wrong with the S. Good luck and happy driving.
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