Honda Car Forum

$219 sounds like a low mileage lease, probable only 10K a year.
If you drive more you will pay through the nose. Leasing is a
good way to get into a new car at a reasonable price but make
sure you get one with at least 15K a year and don't go more than
three years. NEVER buy the vehicle at the end of the lease or
you negate all of the advantages of leasing.


mike hunt



"Dave C." wrote:
>
> On 26 Sep 2003, DrPimpDaddi wrote:
>
> > Forget the convertible. Lease an Accord LX auto for $219/month for 36 months.
> > If you need a convertible fix, just go rent one at Budget for $159/week.
>
> Not in New Jersey for that rate, and not in New Jersey at all if you are
> aged 23 (mid-sied and under quality cars rented by budget only, or a
> 30$/day surcharge at enterprise). But it's not a bad idea.
>
> Regarding the Accord, is that lease a deal from the manufacturer?
>
> Dave

>No, he was never TOLD. But, it's in the contract he signed.
>
>He's just another idiot who asked for a monthly payment and never
>bothered to read the terms of the contract he signed.
>
>If you think that he was owed someone specifically *telling* him the
>details of the contract...well, you need to get out more. No salesman
>will spell out anything more than he has to. But if your friend signed
>a contract, he's bound to the terms of that contract.
>

I've seen his contract, nowhere does it mention the minimum requirements. He's
had the car for couple of years now and was never told nor penalized for not
getting it.



....................
I do not killfile nor use do-not-call lists.

>No, it's not.
>
>Jesus, where do you get your information?
>
>You're a car salesman's dream come true.
>

Look moron, he got the answer directly from Toyota Finance.


....................
I do not killfile nor use do-not-call lists.

>$219 sounds like a low mileage lease, probable only 10K a year.

Nope. 12K.

>If you drive more you will pay through the nose. Leasing is a
>good way to get into a new car at a reasonable price but make
>sure you get one with at least 15K a year and don't go more than
>three years. NEVER buy the vehicle at the end of the lease or
>you negate all of the advantages of leasing.
>

That's not true. A friend of mine used to be a car salesman and he says that
one time, this lady was upside down $10,000 on a Corolla because she financed
at over 20%.

If you can negotiate a good lease deal, the difference between a finance deal
is not that great.


>
>mike hunt
>



....................
I do not killfile nor use do-not-call lists.

only lease if you will not buy it at the end of the lease.

<BenDover@mailcity.com> wrote in message
news:3F74AFAF.B65518F4@mailcity.com...
> $219 sounds like a low mileage lease, probable only 10K a year.
> If you drive more you will pay through the nose. Leasing is a
> good way to get into a new car at a reasonable price but make
> sure you get one with at least 15K a year and don't go more than
> three years. NEVER buy the vehicle at the end of the lease or
> you negate all of the advantages of leasing.
>
>
> mike hunt
>
>
>
> "Dave C." wrote:
> >
> > On 26 Sep 2003, DrPimpDaddi wrote:
> >
> > > Forget the convertible. Lease an Accord LX auto for $219/month for 36
months.
> > > If you need a convertible fix, just go rent one at Budget for
$159/week.
> >
> > Not in New Jersey for that rate, and not in New Jersey at all if you are
> > aged 23 (mid-sied and under quality cars rented by budget only, or a
> > 30$/day surcharge at enterprise). But it's not a bad idea.
> >
> > Regarding the Accord, is that lease a deal from the manufacturer?
> >
> > Dave

In article <20030926174226.01833.00000205@mb-m23.aol.com>,
drpimpdaddi@aol.commodore64 (DrPimpDaddi) wrote:

> >No, it's not.
> >
> >Jesus, where do you get your information?
> >
> >You're a car salesman's dream come true.
> >
>
> Look moron, he got the answer directly from Toyota Finance.

Your statement was this: "Gap insurance is built in to most leases."
Now you're saying that IN THE CASE OF LEASES FROM TOYOTA FINANCE, gap
insurance is built in.

First off, maybe so, maybe not. Second, that's a FAR cry from "most
leases".

One instances does not "most" make.

In article <20030926174049.01833.00000204@mb-m23.aol.com>,
drpimpdaddi@aol.commodore64 (DrPimpDaddi) wrote:

> >If you think that he was owed someone specifically *telling* him the
> >details of the contract...well, you need to get out more. No salesman
> >will spell out anything more than he has to. But if your friend signed
> >a contract, he's bound to the terms of that contract.
> >
>
> I've seen his contract,

Bullshit.

In article <3f74ad60.5944595@news.txol.net>,
NOSPAMrex@REMOVEtxol.net (Rex B) wrote:

> We used a major company here in Dallas, it may be a national company (whose
> name
> escapes me)
>
> We were required to carry higher limits on insurance. Of course, you can't do
> that for just one of our 5 insured cars, so they ALL went up!

That's crap. You can carry whatever insurance you want on any
individual car, irrespective of any other car.

There's no "of course" about it.

Sounds like your insurance man is treating you like a used car salesman
would. He's sold you unnecessary insurance--and is reaping the profits.
Right out of your pocket.



> Often, the monthly payment they quote you does not include sales tax, which is
> added to each payment.

Up until a few months ago, that was the case here. The capitalized cost
included no sales tax whatsoever; instead, only the lease payments
themselves were taxed. Then the state figured out how much they would
gain if they charged the ENTIRE sales tax amount up front, and split
that cost over the term of the lease.

>> We used a major company here in Dallas, it may be a national company (whose
>
>> name
>> escapes me)
>>
>> We were required to carry higher limits on insurance. Of course, you can't
>do
>> that for just one of our 5 insured cars, so they ALL went up!
>
>That's crap. You can carry whatever insurance you want on any
>individual car, irrespective of any other car.
>
>There's no "of course" about it.
>
>Sounds like your insurance man is treating you like a used car salesman
>would. He's sold you unnecessary insurance--and is reaping the profits.
>Right out of your pocket.
>
>
>
>> Often, the monthly payment they quote you does not include sales tax, which
>is
>> added to each payment.
>
>Up until a few months ago, that was the case here. The capitalized cost
>included no sales tax whatsoever; instead, only the lease payments
>themselves were taxed. Then the state figured out how much they would
>gain if they charged the ENTIRE sales tax amount up front, and split
>that cost over the term of the lease.
>

Texas has their own stupid lease laws.




....................
I do not killfile nor use do-not-call lists.

>Your statement was this: "Gap insurance is built in to most leases."
>Now you're saying that IN THE CASE OF LEASES FROM TOYOTA FINANCE, gap
>insurance is built in.
>
>First off, maybe so, maybe not. Second, that's a FAR cry from "most
>leases".
>
>One instances does not "most" make.
>

You cited ONE bank when implying that NO bank includes gap insurance in their
payments. I've cited at least one that does, so I've proven you to be the fool.




....................
I do not killfile nor use do-not-call lists.