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Old 12-06-2007, 01:48 PM
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kenchan kenchan is offline
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Going to get my 06civicEX sedan appraised today. if i can get enough
so that it is close (within $1.5K) to covering the remaining lease ($16K)
i will go ahead with the purchase cause i can get a decent tax break.

say 16024(Fit) -15000(trade) = 1024 x tax = $80. so i'd pay $1000 to
close the lease, total coming out to $17,124 cash (+ regsitration)

or say go to carmax, get $16K flat buyout with no penalty.
16024(Fit) with tax = $17225. I lose $101 which i could pay for
a/s floor mats. (+ registration).

if not, then i'll sit tight a little longer so that the buyout is less
while my civic barely depreciates.
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