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S2000 buy vs lease

Old May 1, 2008 | 12:55 PM
  #41  
SDSILVERM3's Avatar
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Originally Posted by s2noob,May 1 2008, 01:37 PM
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.
+1 you don't want to put any money down as a cap reduction on a lease because you don't get it back if your car is totalled.

The money factor must have gone down sometime during the lease special because it was at 0.84% (MF 0.00035) on Friday.
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Old May 2, 2008 | 05:31 AM
  #42  
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Looks like Honda was just a little slow updating their website yesterday. Lease special still going...

2008 S2000 Featured Special Lease
$349.00 per month for 36 months. $2,499.00 total due at signing.
Includes down payment with no security deposit. Excludes taxes, titles and fees. For well-qualified buyers.
[Show Details] Show Details
Get a CertificateRequest a Quote
FEATURED SPECIAL LEASE: Closed-end lease for 2008 S2000 Manual Transmission (Model AP2148ENW) for $349.00 per month for 36 months with a $1,555.00 capitalized cost reduction available to customers who qualify for the AHFC Super Preferred credit tier. Other rates/tiers are available under this offer. $2,499.00 total due at lease signing (includes first month's payment, AHFC upfront acquisition fee and capitalized cost reduction, with no security deposit. Total net capitalized cost and base monthly payment does not include tax, license, title, registration, documentation fees, options, insurance and the like). Not all buyers may qualify.

Subject to limited availability. 5/1/2008 through 7/7/2008, to approved lessees by American Honda Finance Corp. Closed end lease for 2008 S2000 Manual Transmission vehicles (Model AP2148ENW), for well qualified lessees. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. MSRP $34,935.00 (includes destination) less the capitalized cost reduction resulting in actual net capitalized cost $30,143.46. Dealer contribution may vary and could affect actual lease payment. Taxes, license, title fees, options and insurance extra. Total monthly payments $12,564.00. Option to purchase at lease end $18,864.90. Lessee responsible for maintenance, excessive wear/tear and 15 cents/mi. over 12,000 miles/year for vehicles with MSRP less than $30,000, but for vehicles with MSRP of $30,000 or more, mileage cost is 20 cents/mi. over 12,000 miles/year. See dealer for complete details.
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Old May 2, 2008 | 05:31 AM
  #43  
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Also a special financing offer.

2008 S2000 Special AHFC A.P.R. Financing
0.9% APR for 36 months or 2.9% APR for 60 months
For well-qualified buyers.
[Show Details] Show Details
Get a CertificateRequest a Quote
Special AHFC A.P.R. financing available on all new 2008 S2000 models. 0.9% APR financing for 24-36 months or 2.9% APR financing for 37-60 months available to customers who qualify for the AHFC Super Preferred credit tier. Example for 2008 S2000: 0.9% for 36 months financing at $28.16 a month for every $1,000.00 financed. Dealers set actual vehicle sales prices. See participating dealers for details. For well qualified buyers. Not all buyers may qualify. Higher rates apply for buyers with lower credit ratings.

Offer valid for 5/1/2008 through 7/7/2008, on new and unregistered 2008 S2000 models and only on approved credit by Honda Financial Services through participating dealers. Honda Financial Services' standard credit criteria apply. Example for 2008 S2000: 0.9% for 36 months financing at $28.16 a month for every $1,000.00 financed. See dealer for details. Dealers set actual prices. Limited time only.
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Old May 2, 2008 | 06:18 AM
  #44  
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0.9 purchase rate wow!
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Old May 4, 2008 | 07:16 PM
  #45  
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Wow- that special runs through July! They are having issues selling S2K's...
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