If you have and don't mind I'm intersetsed in the details i.e. term, residual, money factor, payment, money down.

I've not looked into leasing yet but figured you guys could give me some feedback so I could negotiate with a little ammo.

Thanks

Mack

 

I leased mine back on Oct. 30th, 1999. I put $5k down. leased it for 66 mo. (too long) for $437/mo. Cap cost was about $37k and residual is $17k. I plan on buying it unless residual is totally ridiculous (too high). I didn't lease it from a dealer, but from a leasing company because they had six stooks at a time when no one else had any cars and I wanted one right then. I wished I could have purchased the car, but at the time my cash position was lousy, and my payments would have been in the $700's, so I decided to lease. I hopes this helps.

 

Mack,
I'm leasing. Expect e-mail tomorrow. I'll lay out my scenario for you.

-John

 

Thanks Guys!

Mack

 

Mack-
The dealer I got my S2000 from (paid very close to MSRP) will lease the S2K. I bought mine, but they were willing to work with me on a lease. I called all over looking for my S2K including Knoxville and Asheville and the people I talked to didn't try too hard to sell one. I bought mine in Bristol, TN. Contact me if you would like info and the salesman I worked with. It was a very pleasant experience to buy from these guys and I even went back to buy a "daily driver" Honda Civic.


kentcopp@hotmail.com

 

The Homda website (www.honda.com) has a leasing calculator (http://www.honda2001.com/models/calc...lculator=lease)

For some reason the S2000 is not available through the main Honda Finance site's lease calculator, so you have to go to "Honda models", click on the S2000, and then click on "leasing estimator" in the pull-down menu at the top right. You can then program different scenarios, including lease term, downpayment and purchase price/cap cost. The program will calculate payments and give you the residual.

You may find in practice that dealer markrup has to be separately financed (i.e., paid for by you) since Honda Finance sets a limit on the cap cost they will finance (thus the dealer scam of optioning the car up, whether or not you want pinstripes, ashtray, spoiler, strakes, etc.)

--Benzer

 

I leased mine last September. Remember, these are BeaverBucks (Canada), so multiply everything by 2/3 to get the US equivalents.

Purchase price: $48,000 + PDI of $950.
Down Payment: $5,000 down (translates to $4,347 + 15% tax)
Lease Payments: $642/month + 15% sales tax.
Lease Term: 48 months
Lease Rate: 8.9%
Residual: $25,920 = 54%

I think that's everything.