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S2000 buy vs lease

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Old Apr 7, 2008 | 06:34 AM
  #31  
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buy it
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Old Apr 7, 2008 | 08:07 AM
  #32  
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[QUOTE=hello_beastie,Apr 6 2008, 07:58 PM] hi all,
i've been researching the S2000 for the past few months and i've learned a ton from this site.

i'm considering a 2008 lease. i'm only interested in getting white with red leather.

has anyone been able to negotiate a deal that's better than the current advertised lease...$349 per month?

and what have people been paying in terms of the extra fees...bank fees, acquisition fees, etc etc?

thanks
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Old Apr 7, 2008 | 08:54 AM
  #33  
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Thank you, I had read all that from honda.com.
I inquired here because I know how dealers can try to tack on fees, labeling them with different subjects.

I agree, putting money down is not the best move.

I'd like to put it into a security deposit instead. A few dealers have already said no to that.

With no money down, I have a verbal quote of $466 per month, leased.
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Old Apr 7, 2008 | 12:41 PM
  #34  
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yeah, so i just waisted 2 hours of my day at the honda dealership. They would not budge on the price. they actually tried to say it was in fact 359/month to spread out the dealer fee over the payments.
Needless to say, I walked out. I told them I would do 319, and if they find a way to hit that number then call me.
what a bunch of ass holes!

coggin honda of st augustine BOOOOO!
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Old Apr 7, 2008 | 05:59 PM
  #35  
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Originally Posted by hello_beastie,Apr 7 2008, 04:54 PM
Thank you, I had read all that from honda.com.
I inquired here because I know how dealers can try to tack on fees, labeling them with different subjects.

I agree, putting money down is not the best move.

I'd like to put it into a security deposit instead. A few dealers have already said no to that.

With no money down, I have a verbal quote of $466 per month, leased.
There is no security deposit required on this lease and they would not accept it in lieu of something else as it is money you would get back on the back end of the lease. What you need to do is contact several dealers with your offer. Somebody will bite as the S2K is not selling well. If you are willing to travel for the car, try Curry , Ed Voyles or Gwinett Place Honda dealers in Atlanta. Curry is where I got mine in 2006. $466 is about $100/mth too high IMO. $466/mth for 36mths is $16,766 total. The lease offer is $14,715 total. Unless you don't qualify for the best lease money factor for some reason they are way off...
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Old Apr 7, 2008 | 06:04 PM
  #36  
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Originally Posted by turbo904,Apr 7 2008, 08:41 PM
yeah, so i just waisted 2 hours of my day at the honda dealership. They would not budge on the price. they actually tried to say it was in fact 359/month to spread out the dealer fee over the payments.
Needless to say, I walked out. I told them I would do 319, and if they find a way to hit that number then call me.
what a bunch of ass holes!

coggin honda of st augustine BOOOOO!
They said what was actually $359? The lease offer? Copy and paste the deal into an e-mail and have them contact you when they want to get real.
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Old Apr 30, 2008 | 11:27 AM
  #37  
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I got a questions for yall.

I got civic si, values about 9500-10000, paid off and thinking about trading in for ap2 (08).

Is it a bad idea for trading in my si values that much as downpayment?
Im leasing it.


I realized, i never keep the car more than 2-3 years and get bored easily...
Figured i might try leasing this time around.

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Old May 1, 2008 | 11:10 AM
  #38  
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Well its May 1st and the special lease offer appears to be dead. No mention of any special offers at all on the Honda website.
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Old May 1, 2008 | 12:24 PM
  #39  
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Originally Posted by Civicvtec1ps,Apr 30 2008, 07:27 PM
I got a questions for yall.

I got civic si, values about 9500-10000, paid off and thinking about trading in for ap2 (08).

Is it a bad idea for trading in my si values that much as downpayment?
Im leasing it.


I realized, i never keep the car more than 2-3 years and get bored easily...
Figured i might try leasing this time around.
I wouldn't use the whole amount of trade on the lease(and they probably would not take it anyway from what a Honda salesman on the board stated- you can only pay so much of the lease total upfront). You would likely use part of what they gave you as the up-front money and they would write you a check for the difference. I would wait a bit and see what happens as I bet they will extend the lease deal.
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Old May 1, 2008 | 12:37 PM
  #40  
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don't apply any of your trade value towards the lease. the money factor on the lease is equivalent to an interest rate of 1.3% or so. this is CHEAP CHEAP CHEAP money. go spend the money or invest it somewhere else.
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