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Car advice – new attending – what to buy?

Home Personal Finance and Budgeting Car advice – new attending – what to buy?

  •  Tim 
    Participant
    Status: Accountant
    Posts: 600
    Joined: 09/18/2018

    “I would disagree that it is as easy to negotiate a great sales price as it is to find and obtain a great advertised lease deal. One is hours/days of back and forth haggling, one is walking in the door and saying I want the deal that Honda Finance is advertising.”

    What is the money factor of the lease?
    What is the disposition charge at lease termination?
    How are you determining your equity at lease end?
    What are the mileage and repair charges at lease end?
    Are you going to trade it in, turn it in, or buy it?
    Did you know you can sell your leased car to CarMax or any dealership and avoid mileage, disposition and repair charges?

    Buying a car can be done from your home without haggling. Leasing can be done as well.
    Yes, Honda and mfg promotions can be sweet.
    Buying can be sweet.
    Used car manager for cash for your old one.
    New car manager, will you take $22,500 for THAT car?
    Out the door, TTL freight, and add-ons?
    Edmunds and NADA help, but getting a check or writing one counts. Start the exit about 3 months before the end.

    #171653 Reply
     Tim 
    Participant
    Status: Accountant
    Posts: 600
    Joined: 09/18/2018

    The first year depreciation from a pricing standpoint is model year.
    Lease at the beginning and buy at the end.
    CRV 2019’s start being available 12/18.

    Buy 2018 (best price)
    Lease 2019 (12 months vs 1 yr old 2018).

    #171658 Reply
     Tim 
    Participant
    Status: Accountant
    Posts: 600
    Joined: 09/18/2018

    https://www.edmunds.com/honda/cr-v/2018/st-401738385/cost-to-own/

    Use these if you want impartial cost estimates.
    Some will be owner only, some will be Honda under lease.

    #171697 Reply
     Matas 
    Participant
    Status: Physician
    Posts: 139
    Joined: 07/09/2017

    If you live around mountains make sure to test drive a CRV. Around mountain passes in my area you always see them in the right lane with the semis struggling to maintain 60 mph. Notorious for being significantly undepowered. Not an issue on flat land.

    Click to expand…

    um what?

    i can pass anybody in my moms 2018 CRV up or down the mountain…

    Click to expand…

    Exactly. Down-shift, put your right foot into it, and go.

    #172348 Reply

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