Honda makes their leases very top heavy. What I mean is that in a lease, you
are only supposed to pay the depreciation. Since Honda's depreciate slower
than domestics, you would think the lease payments would be lower.

Due to this fact, it almost always makes great sense to buy back your honda.

t

Elmo P. Shagnasty wrote:
>> Our Lease is up in July on the following.
>>
>[quoted text clipped - 8 lines]
>>
>> I may have answered my own question, but am curious what others would do.
>
>Why would you continue to pay every month on leasing a car?
>
>You have a GREAT van, one you don't have to worry about. Just buy it.
>Unless your needs have drastically changed...
>
>I'm looking at giving up our 02 Odyssey and moving to a Scion xB,
>because I can't justify the 15-18mpg we get in the city (my wife uses it
>as a tool to drive the kids around, and she drives it only 10K
>miles/year). It's a great tool; we can drive ourselves and the kids
>*and* have room for plenty of stuff, like impromptu garden shop
>purchases; the xB will carry *either* people *or* stuff, which is the
>tradeoff. But it gets twice the gas mileage.
>
>I haven't run the numbers yet, so who knows.

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