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You may have seen my other post about taking over my lease. But I may keep it. Basically I would be letting it go for under $36000 It has only 24000KM. Need your guys input keep or let it go and get one later? Here are a couple of pics.
hey...u are gonna to sell it for 36000???
did u ask the dealer to give u an offer???
how much they offer u ???
any accident???
i think u sell it less than what i expected....
i am leasing a 2002 s2000 on dec....if i were u ...i am gonna to sell it arround 39000--43000 max. if it is a stock car...
conclusion...i am not suggest u to sell it....
You know what, the S2000 is a amazing car. I just traded mine in this evening and I'm already losing sleep. I've been trying to sleep for 1.5 hours now, no luck. That's why I'm still on here. Or it could be I'm just excited about my new car.
My car is leased. If someone were to take over at the end of the lease their total cost including all payments and buy out would be about $41000 including %14.5 taxes after 19 months. So without tax it works out to be around $36000. If I were to base it just on GST than it works out to be about $38500. You also have to take into account you would not have to pay all the money up front.
Never took it to a dealer.
No accidents but someone scraped my rear bumper and my front spoiler was cracked then repaired.
navybeaN
So which car did you decide on? You should of kept the S2000 and bought like and old Civic for practicality.
Still can't decide my ad comes out in the Buy&Sell this week.
wow man, that's a lot.....I have a friend put down the same downpayment like yours........
Taki,
go check when is your penalty period....if you already passed the penalty period then you can simply just return the car to the leasing company and they can't charege anything unless your car is damanged in some places...then you probably need to pay those money to cover the damages.....
I'm trying to convince my girlfriend to get rid of the CRV and pick up another S2000. My only strong arguement so far are:
2 S2000 trunks => 1 CRV trunk
2 S2000 seats 4
Mine is a 3 year lease with zero down and I have nineteen months remaining. I think my interest rate is about %6.8. My total cost would be about $54500 including all tax and buyout. But my car was used with 14500KM.
Actually Jacky since you put a large down your total cost would be the same even if you went through Honda with zero down. So not too bad. To lease a 2003 through Honda with zero down at %6.8 is about 778 plus tax which is about $900 a month for 48 months but plus other fees. Buy out is about 25000 plus tax. Your total cost would be about $72000 to buy out at the end of the lease. Or if you were to finance the car with zero down at 6.8% it would cost about $65000 at the end of the loan but your payments would be $1150 a month. To buy the car with no financing will cost close to $60000 based on %14.5 taxes. So your really only paying about $12000 extra versus buying but that is spread over 4 yrs. or about $3000 a year over the term of your lease. Other option would have been to buy used but then again most leasing companies will not lease a car older than 2yrs.
Anyway you look at to operate a S2000 with financing will cost you anywhere from $900 to $1200 a month.
chungtaho0918,
My leasing company would take it back but they would have to sell the car until my payments stop. No damage actually car looks better than when I took it off their lot.
Taki,
you ask the company to buy the car back...........see what they said......or the worst think you can do is just give the car back to the dealer then make a stop payment at the bank.....but you need to check if the penalty period is over or not...if it's over then they can't do anything...
Keep it or let it go?
