S2000 Lease Special!!!!!!
#1
04-16-2007, 02:10 PM
Join Date: Apr 2006
Location: Riverside
Posts: 12,411
S2000 Lease Special!!!!!!
Honda has released for the month of April, the best lease special the S2000 has ever seen!!
$349/mo
If your looking for a S2000 this month is the time to get one!
$349/mo
If your looking for a S2000 this month is the time to get one!
FEATURED LEASE: Closed-end lease for 2007 S2000 Manual Transmission (Model AP2147ENW) for $349.00 per month for 36 months with a $2,999.00 capitalized cost reduction available to customers who qualify for the AHFC Super Preferred credit tier. Other rates/tiers are available under this offer. $3,943.00 total due at lease signing (includes first month's payment, AHFC upfront acquisition fee, capitalized cost reduction, security deposit. Security deposit waived in featured lease example. Total net capitalized cost and base monthly payment does not include tax, license, title, registration, documentation fees, options, insurance and the like). Not all buyers may qualify.
Subject to limited availability. Through 4/30/2007, to approved lessees by American Honda Finance Corp. Closed end lease for 2007 S2000 Manual Transmission vehicles (Model AP2147ENW), for well qualified lessees. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. MSRP $34,845.00 (includes destination) less the suggested dealer contribution resulting in actual net capitalized cost $27,922.46. Dealer contribution may vary and could affect actual lease payment. Taxes, license, title fees, options and insurance extra. Total monthly payments $12,564.00. Option to purchase at lease end $20,210.10. Lessee responsible for maintenance, excessive wear/tear and 15 cents/mi. over 12,000 miles/year for vehicles with MSRP less than $30,000, but for vehicles with MSRP of $30,000 or more, mileage cost is 20 cents/mi. over 12,000 miles/year. See dealer for complete details.
Subject to limited availability. Through 4/30/2007, to approved lessees by American Honda Finance Corp. Closed end lease for 2007 S2000 Manual Transmission vehicles (Model AP2147ENW), for well qualified lessees. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. MSRP $34,845.00 (includes destination) less the suggested dealer contribution resulting in actual net capitalized cost $27,922.46. Dealer contribution may vary and could affect actual lease payment. Taxes, license, title fees, options and insurance extra. Total monthly payments $12,564.00. Option to purchase at lease end $20,210.10. Lessee responsible for maintenance, excessive wear/tear and 15 cents/mi. over 12,000 miles/year for vehicles with MSRP less than $30,000, but for vehicles with MSRP of $30,000 or more, mileage cost is 20 cents/mi. over 12,000 miles/year. See dealer for complete details.
#2
04-16-2007, 05:10 PM
It's an awesome deal if you only drive 12K miles a year or as a second car. Hmmm I thought my buddy got the same deal but it was $299 a month last year in April. Correct me if I am wrong.
#6
04-19-2007, 09:50 AM
Leasing is a waste of $$. In the end if you buy it you spend twice the cars value over the 6 years!
And if you return it after 3 years there goes $17,000 for the 3 years lease!
Leasing is a form of long term car RENTAL!
S2K is MSRP $35k, it depreciates 6-8K over 3 years, and so it's worth $27K.
IF you bought it for the $550 / mo. payment over the 5 years, and it's YOURS and you sell it after 5 years to get rid of it, as opposed to returning a lease, you will be at a net loss of $10-12K, worth $22K in your pocket! You can sell it and put that down on the newer model S2K and the payments will be $250 a month over 5 years! AND that second car you buy will be yours after three years! Unless you decided to sell it and do it again!
See how leasing is EVIL! ALL THEY DO IT keep taking your money and giving back NOTHING!!!
BUY your first car!! Sweat it out!! It's worth it in the long run! (Even to just not have payments after one of the cars you decide to keep for a little longer after the loan is up!) AND STILL BE Driving that S2K because it's yours!!
And if you return it after 3 years there goes $17,000 for the 3 years lease!
Leasing is a form of long term car RENTAL!
S2K is MSRP $35k, it depreciates 6-8K over 3 years, and so it's worth $27K.
IF you bought it for the $550 / mo. payment over the 5 years, and it's YOURS and you sell it after 5 years to get rid of it, as opposed to returning a lease, you will be at a net loss of $10-12K, worth $22K in your pocket! You can sell it and put that down on the newer model S2K and the payments will be $250 a month over 5 years! AND that second car you buy will be yours after three years! Unless you decided to sell it and do it again!
See how leasing is EVIL! ALL THEY DO IT keep taking your money and giving back NOTHING!!!
BUY your first car!! Sweat it out!! It's worth it in the long run! (Even to just not have payments after one of the cars you decide to keep for a little longer after the loan is up!) AND STILL BE Driving that S2K because it's yours!!
Last edited by gettinafit; 04-19-2007 at 10:00 AM.
#7
04-19-2007, 10:01 AM
Did I mention that Leasing becomes addictive? They give you the buyback option at a higher monthly payment than a new lease payment! They want to keep you hooked so they keep soaking your wallet!
If you live month to month and you CAN"T afford the $550 to get an S2K and you want an S2K then this deal isn't bad (Just to keep the month to month payments within reach!) And if you decided to buy it out after the lease ends, at $400 / mo for 5 years......
So it would be in the ball park of $350-400 for 8 years............ DAMN that's a long time, but it might fit your monthly budget! And after 8 years it'll be yours! After finance charges and lease FEES (they are fees not payments) you will have spent $50,000 for an s2k though......
JDMChris, I"m not hating on you or your dealership or your job, just my opinion of leasing.
If you live month to month and you CAN"T afford the $550 to get an S2K and you want an S2K then this deal isn't bad (Just to keep the month to month payments within reach!) And if you decided to buy it out after the lease ends, at $400 / mo for 5 years......
So it would be in the ball park of $350-400 for 8 years............ DAMN that's a long time, but it might fit your monthly budget! And after 8 years it'll be yours! After finance charges and lease FEES (they are fees not payments) you will have spent $50,000 for an s2k though......
JDMChris, I"m not hating on you or your dealership or your job, just my opinion of leasing.
Last edited by gettinafit; 04-19-2007 at 10:08 AM.
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