Lease vs Finance
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From: Calgary
Well Koala, given that your circumstances have changed, I say pick whatever payment that you are comfortable with.
If you finance and make a payment of even $100 more, you won't notice it really until the day you sell your car. My 04 330 depreciated hard. I worked my lease with a low % rate and low payment, this day, I still owe $42,000 on it. Lease ends in March 07. If I sell, I might get $39,000 for it. If I'm going to lose money, might as well drive it and lose money. BUT if I had made an extra $100 payment, I wouldn't mind selling it for $39k, effectively I am breaking even. Something to think about.
So many nice cars on the market, the deciding factor for me, believe it or not, is the interest rate hehe If I was looking at the X3, RDX, and whatever else, I would be fine with either one.
If you finance and make a payment of even $100 more, you won't notice it really until the day you sell your car. My 04 330 depreciated hard. I worked my lease with a low % rate and low payment, this day, I still owe $42,000 on it. Lease ends in March 07. If I sell, I might get $39,000 for it. If I'm going to lose money, might as well drive it and lose money. BUT if I had made an extra $100 payment, I wouldn't mind selling it for $39k, effectively I am breaking even. Something to think about.
So many nice cars on the market, the deciding factor for me, believe it or not, is the interest rate hehe If I was looking at the X3, RDX, and whatever else, I would be fine with either one.
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From: Calgary/Comox
Originally Posted by max_boost,Nov 28 2006, 04:55 PM
I do feel confident however in the right mutual funds. My Trimark Select Growth and RBC Dividend have done really well the past year and have solid growth patterns over the past 10+!
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From: Calgary, AB
Originally Posted by max_boost,Nov 28 2006, 05:08 PM
Well Koala, given that your circumstances have changed, I say pick whatever payment that you are comfortable with.
So many nice cars on the market, the deciding factor for me, believe it or not, is the interest rate hehe If I was looking at the X3, RDX, and whatever else, I would be fine with either one.
So many nice cars on the market, the deciding factor for me, believe it or not, is the interest rate hehe If I was looking at the X3, RDX, and whatever else, I would be fine with either one.
It'd be nice if one of these Acura dealers would return my calls... apparently silverhill has some in stock ready to go, but I'm not driving down to Calgary on my day off (tomorrow) to find out its a waste of time...
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From: Calgary
Did you talk to a salesguy? Manager? Weird that they won't return your call......
One more thing:
If you finance and make a payment of even $100 more, you won't notice it really until the day you sell your car. My 04 330 depreciated hard. I worked my lease with a low % rate and low payment, this day, I still owe $42,000 on it. Lease ends in March 07. If I sell, I might get $39,000 for it. If I'm going to lose money, might as well drive it and lose money. BUT if I had made an extra $100 payment, I wouldn't mind selling it for $39k, effectively I am breaking even. Something to think about. hehe
One more thing:
If you finance and make a payment of even $100 more, you won't notice it really until the day you sell your car. My 04 330 depreciated hard. I worked my lease with a low % rate and low payment, this day, I still owe $42,000 on it. Lease ends in March 07. If I sell, I might get $39,000 for it. If I'm going to lose money, might as well drive it and lose money. BUT if I had made an extra $100 payment, I wouldn't mind selling it for $39k, effectively I am breaking even. Something to think about. hehe
Thread Starter
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From: Calgary, AB
I was dealing with Rick Chandler at silverhill, who was recommended to me by a lot of people. He's been very nice when Ive been able to actually get ahold of him, but it's the getting ahold of him part thats tough.
I also tried calling the manager at northwest as I was in talking to him a few weeks back (when I actually test drove the car) and he hasn't returned my call either.
A salesman at southview in edmonton basically told me they do $500 off the vehicle and they wont even talk about a deal unless I come up there
West Side offered me a ridiculously low amount for my trade in, but they have a history of being stupid anyway.
It's just frustrating... I want to buy this vehicle and no one is making it easy.
And yeah... cars just depreciate like crazy regardless of what we do about it, lol. But honestly I don't have any real regrets on my cars, it's a hobby.
I also tried calling the manager at northwest as I was in talking to him a few weeks back (when I actually test drove the car) and he hasn't returned my call either.
A salesman at southview in edmonton basically told me they do $500 off the vehicle and they wont even talk about a deal unless I come up there
West Side offered me a ridiculously low amount for my trade in, but they have a history of being stupid anyway.
It's just frustrating... I want to buy this vehicle and no one is making it easy.
And yeah... cars just depreciate like crazy regardless of what we do about it, lol. But honestly I don't have any real regrets on my cars, it's a hobby.
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From: Calgary
Remember to use www.carcostcanada.com
Might have less leverage since you have to trade in a vehicle unless you can find a buyer for the car. I got cost + $1000 on my 06 WRX hehe + my GF's grad rebate, we saved $3k!
Might have less leverage since you have to trade in a vehicle unless you can find a buyer for the car. I got cost + $1000 on my 06 WRX hehe + my GF's grad rebate, we saved $3k!
Thread Starter
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From: Calgary, AB
I actually did sign up for carcostcanada.com today... looks like invoice is 42,930, msrp is 46,530 (these are including a/c excise and freight)...
1.5% holdback on Acura, too... so real cost is 41,754.15.
I dont know whether or not this will help me at all, but we'll see. Ironically Rick Chandler is the guy they forward your request to when you get the invoice figure on the car.
1.5% holdback on Acura, too... so real cost is 41,754.15.
I dont know whether or not this will help me at all, but we'll see. Ironically Rick Chandler is the guy they forward your request to when you get the invoice figure on the car.
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From: Calgary, AB, Canada
From when I have dealt with him, Rick Chandler has been great! He is a real enthusiast and even races or used to race a pretty modded ITR. I guess he is just busy or unorganized though, lol.
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From: Calgary
Dylan, are you set on an RDX ? Have you driven the FX35/45 ? Perhaps a little more expensive new, a slightly used FX35 would be a bunch more fun than the RDX with it's rear bias Altessa AWD system. The FX line truely captures the "SPORT" in SUV while the RDX is just another mundane Honda SUV IMO.
