Vancouver BC S2000 Owners Meet fellow owners in the Canadian province of British Columbia.

Keep it or let it go?

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Old Jul 30, 2003 | 01:13 PM
  #11  
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i am quiet piss off actually...all of my friends who are leasing a car...for example slk320 ,TT etc...there total cost plus buy out usually 5000-8000 more campare with the car regualr price plus tax. but mine is like 72000-56000=16000 more than the regualr price...i dont know what i should do now...i have alrady lease my car liike 1 yr and i pay 12000 down...so i alreadyt pay arround 20880...should i keep going and lease the rest of the 36 months and buy out the car...i really dont know what to do....SUGGESTIONS PLS!!!
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Old Jul 30, 2003 | 02:08 PM
  #12  
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But how much down did they put and you have to consider the interest rate they got plus resale value. I think the S2000 will hold it's value better than the other cars. Buying a new S2000 will cost about $60000 with taxes of %14.5 included so really your deal is not that bad. If you can afford it keep it and enjoy it. This car will be more rare than a TT or SLK. Only a four year production run for the S2000 until the new model comes out. Read my numbers for the financing from Honda in the above post. I think your deal is not that bad. Anyway you look at it any hi-performance cars will cost money.

Remember the old saying "Speed costs money how fast do you want to go?"
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Old Jul 30, 2003 | 02:15 PM
  #13  
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Jacky,

Also think of it this way if you were to buy out then sell the car afterwards what would be your total cost. Let's say you get $32000 - $35000 three yrs. later your total cost over the four years would be around $40000. If your friends did the same how much would they have spent? I'm sure they would spend the same if not more due to resale value.
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