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Car Leasing Question...

Discussion in 'Money & Finance Forum' started by kakia, Sep 3, 2003.

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  1. Sep 3, 2003 at 10:20 PM #21
    SemperFi

    SemperFi Full Access Member

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    Since you're telling all ELL's business, how much does he make? What's his SSN? Credit card numbers? etc....
     
  2. Sep 3, 2003 at 10:25 PM #22
    kakia

    kakia Full Access Member

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    well, since you asked....
     
  3. Sep 3, 2003 at 11:24 PM #23
    y2b

    y2b King of QC

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    Be sure and look up the blue book value on the car, wholesale and retail. 12k sounds kinda high

    Remember, the lease end value IS negotiable. You can buy it for less

    it just sounds like the wording on the refi is a little mixed up, refi, buy out, I'm sure he meant just to buy it. I bought a car after I leased it 2 years. Dealership handles it like any other car sale

    Are you a credit union member? Know anyone who can get you into one?
     
  4. Sep 3, 2003 at 11:58 PM #24
    magnus

    magnus Chump-proof

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    A similar car. That's the only late model Honda Prelude out there? I wasn't talking about going and buying a brand new one. I was talking about comparison shopping that used car versus other used cars like it (or not at all like it, or whatever is wanted) to see if you can do better than the current option. There's no harm in trying to see if you can save yourself a bit of money, is there? I mean, you're buying a car. $12,000 is a lot of money, don't spend it without considering options.
     
  5. Sep 4, 2003 at 12:11 AM #25
    LarryD

    LarryD autodidact polymath

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    looks like a decent price from edmunds.com -- how many miles do you have?
     
  6. Sep 4, 2003 at 12:13 AM #26
    y2b

    y2b King of QC

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    damn, carmax has a '00 with 41k, they want $16k


    they got a '97 with 77k, they want $12,500

    for $230/month on 5 years or like $370 for 3 years, it doesn't look like a bad deal, plus you know what your getting by keeping that car, you never know what other peoples problem you might get with another car
     
  7. Sep 4, 2003 at 8:51 AM #27
    kakia

    kakia Full Access Member

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  8. Sep 4, 2003 at 8:53 AM #28
    DaveW

    DaveW Super Moderator

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    leasing is worse than buying than buying brand new.
     
  9. Sep 4, 2003 at 9:01 AM #29
    kakia

    kakia Full Access Member

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    totally agree with you on that point. why would anyone want to have car payments for the rest of their life?
     
  10. Sep 4, 2003 at 10:53 AM #30
    Patti

    Patti ~

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    Agree. Even though I went against my better judgement and bought my jeep new. But I still think the Liberty is very good value for the money.
     
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