Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
Options
Comments
2001 Buick Century Custom, 29K miles, AM/FM/cass/CD, lease return from local area. According to Carfax, its been on the lot for two months. I walk by the lot almost every weekend, and I think that's about right.
2003 Olds Alero, 31K miles, ABS, AM/FM/CD ex-rental car from FL.
What can I expect to pay in the Columbia, SC area and what would the dealer have in them.
Thanks,
Turboshadow
Terry,
Thanks for the number, The wife has zero, nada, zilch interest in me reliving my high school/ college fantasies of IROC Z camaros, so I think I'm going to have to pass on it. Oh well.
Have a great day!
We got that shifty thing going on, (only you could find this one) we got bunches of miles and it needs stuff .. dealer probably paid in and around the mid $3's for it, might of went brain dead and dropped $4 in it ..
Terry.
Thats not a 85, it's a 2005 and the $6,800 was the down payment .l.o.l....
Terry.
I might drive it and take it from there.. could be a nice commuter (2 miles, ha!)... or a real dog.
Thanks -m
2 months ago.? .. miles are low and depending on the options the dealer maybe paid the ultra high $6's, low $7's, most would .. add a this and a that and it probably hit's the table in the high $7's .. should be able to buy it for the $8,9/$9,5ish region, it's a lot of car for the money ... whats he asking.?
** 2003 Olds Alero, 31K miles, ABS, AM/FM/CD ex-rental car from FL **
4/6 banger ...? .. GL/GLS/GL1 ..?
Terry.
-----------------------------------------
$12,995. Ummm...I think I know why its been sitting.
4/6 banger ...? .. GL/GLS/GL1 ..?
-----------------------------------
Ugh, sorry. V-6 GL1
Thanks,
Turboshadow
Terry.
With all the discussion of ex-rental Ford Tauruses (Tauri?) of late, I thought I'd throw these 2 out there just to see how far off the dealer is on them. Since I'm in sales and drive a LOT, I might be interested in picking one of these up for a business car, since I can deduct most of it anyone.
Both of these are at the Savannah,GA used lot of a large Ford/Lincoln/Mercury dealer in Beaufort, SC:
2003 Taurus SES Deluxe
White or silver outside with gray leather interior
The deluxe package includes:
Leather, front buckets with the floor shifter/console
slider
24V Duratec engine
rear wing
Also has CD, power drivers seat
around 17000 miles each
2004 Taurus SES
any color you want,
all have leather, slider, standard SES stuff, including CD, power driver seat
These have the 3.0 Vulcan
All have under 5000 miles, most are around 3000, but there are like 50 or so around
All are ex-service loaners and a few ex-rentals
$14,995 on each. Out of curiosity, how far off is he?
Car_man referred me to you with my question. Here's my dilemma. I live in L.A. I have a well maintained, leased 2001 Saab 9-5 SE V6, auto trans, midnight blue, heated but not ventilated leather seats, sunroof, in clean condition (a few tiny paint chips and one small dent on the hood and 2 barely visible door dings on passenger side). Monthly payment (36 months, 15K miles/year) is $412 + tax. Cap cost after various incentives was $32K, or $8500 below MSRP. I did not pay any cap cost reduction. Residual as of lease end on 7/14/04 is $18121 plus 8.25% CA sales tax. I will be about 2500 miles, or $500, over mileage. Saab is willing to extend the lease by a few months as a "courtesy," same payment. Unclear what happens to RV with lease extension. Already had to replace front brake pads and rotors (grrr). Couple of warranty repairs--SID, A/C. Warranty expires at 50K.
I'm interested in buying (not leasing) either a 2005 Acura TL Navi or the redesigned 2005 Acura RL. I *love* the real-time traffic Navi system in the RL. I'm not paying sticker for an end-of-model-year 04 TL Navi.
So...do I:
1. extend the 01 Saab 9-5 lease until, say, October, hoping that the timing works out with the launch of the 05 Acuras?
2. just buy the Saab for $19616 (tax incl) and drive it for a year or two while waiting for sanity to return to Acura Navi pricing? --RV seems high--or
3. lease a 2004 Saab 9-5 Aero at a massive discount and put the Acura on hold for 3 years? (I qualify for the GM Supplier Discount and there appear to be significant incentives.)
4. Maybe consider leasing an 04 TL Navi? (Doubtful I could cut any kind of deal on cap cost--is there a favorable program at least?)
Thanks for any advice.
I wouldn't do Number 2. Never own a Saab out of warranty.
If interest rates head back up (and that looks likely), Number 1 may be a very expensive option. As you fear, prices may be high, and financing may be expensive.
I think Number 3 is the best option, especially since it looks like you can lock in a great deal for the next three years.
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Can't comment on your scheme of knocking down price on he Acura... whatever the market will bear.
Overmileage? Those are some of the cheapest miles you'll ever drive, certainly in a $30+ car.
By all means, extend the lease... but only for a few months. you're now paying new-car lease prices on a used car.
DON'T buy the sled at the stated RV. Terry may be able to tell you what the thing is really worth, and you can go from there if you like the car.
-Mathias
OOOOOOOOHHHHHHH, that must be it, well, wow, I'm impressed. Better jump right on that, sounds like too good of a deal to pass up. LOL
In Massachusetts;
A black 03 Accord EX Sedan
4 cyl Automatic
power everything
moonroof, leather
Navigation
25K miles.
sneakers have 25K on them.
Accident to front right, had to replace panel and headlight.
Thanks for your help.
Dillydill
White 1.8T Quattro w/Premium Package,Xenon Headlights, and 16" Wheels. Only 15,500 miles.
I am currently leasing and would like to get at least the payoff. What kind of offers should I expect?
Also, will Audi finance negotiate on the payoff?
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
You will certainly pay much more to lease a new design RL than the SAAb I bet, although there may be some better lease deals on the '04TL. I assume they won't change much for '05, so get whichever year has the best payment.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Duncan
2000 VW Passat
GLS Sedan, 1.8L Turbo 4-cyl
5-speed
Indigo Blue
Tan Leather Interior
Heated Front Seats & Mirrors
Moon Roof
6-CD Changer
Alloy Wheels (15")
Full-Size Spare w/Alloy Wheel
2nd Owner gets half of original 100k miles powertrain warranty.
Only 29,500 miles
Location - Chattanooga, TN (37421)
Original owner. Non-smoker. Never in a serious accident (but has had some minor body repairs due to a parking lot hit-n-run). No kids or pets, so interior is in excellent condition. Garage kept, but paint isn't perfect - as it has a small scrape on the fender and some paint swirl. No mechanical problems (that I'm aware of anyway). All records, owners manual, service history, key-fobs, etc.
Thanks for your assistance!
Terry.
Terry.
It's basically a fully loaded auto 2002 FX4 4x4 SuperCrew except for leather. Power moonroof, 6 disk CD changer, power adjustable pedals, 5.4 V8, towing package, tonneau cover, dark red two tone paint, captain chairs, sliding rear window.
Tires look in pretty good shape. Only 19,500 miles on it. Interior and exterior looks great.
She's getting me the buyout information tomorrow, but just curious what you think a decent price would be for this truck in the used market as if it was a private party deal.
Thanks
Adam
Wow .. hey, if you like the Century offer him $9,5ish and $9,900 on a push ........ $12,9 ....?? .. that's because it has a new Concord watch in the glove box and you forgot to look ..........
03 V6 with 31k .. dealer might have paid the mid $8's for it , after a little service, a little this and that, it might come to the table in the mid $9's figure .. $10,900 would be just about all of it on the Retail side ..
Good luck, let me know.!
Terry.
Let me know what happens .!
Terry.
Let's say it's watermelonville, SEL, leather, miles are waaay low, new sneakers .. trade side, super high $9's low $10's ...
8 million Great SUV's out there and your looking at a Kia Sorento ...? ... Yikes.! ...
Terry.
Great Question .....!
The "large" market seems to be doing fine and then some ... folks are still buying their Burbs and Escalades in record numbers, Toyota is unloading every Sequoia they can make, Ford is going to open up another plant to build more Escapes and Tributes, plus there strong at the auctions even in the month of May .. and based on the last post, folks are even looking at the Kia Sorento's - *(double Yikes.!)*
I guess if you look at the Big picture, consumers aren't afraid to spend that extra $450/$650/$850 a year in fuel bills or another $60/$70 bucks a month, whatever it is (their bratty little kids are spending that and more on Cell phones, an 8 year with a cell phone, God help me.!) .. as far as the 60mpg hybrids are concerned, they will hit that small niche of folks that actually "need" a vehicle like that with their 25/35,000 miles a year driving habits, of course you have the folks that think they will save millions of dollars "immediately", the fact is, most vehicles today get pretty good mileage ..
If your driving the average 12/15k a year and your getting 25/29 on the highway and 15/21 on the streets it will take you about 5/6 years just to break even, especially with you trading in a vehicle and spending "new" money on a "new" vehicle .. now this could be a whole different story if gas goes to $3/$4 bucks a gallon like they have in Europe ..................
Terry.
What I'd be looking at doing is Private party selling my 2002 Grand Am and doing a buyout on the truck. They want to move to a 2004 because they tow a trailer that's about at the limits of the 2002 model, but the 2004 can handle easily.
Only bad thing is she really loves the truck and isn't sure she wants to get rid of it. Either way, nothing much I can do until October or so.
Thanks for the help!
Terry.
----------------------------------------
So would 10K be a fair price? I know you like the Century, but the Alero has a bigger motor, fold down seats, and floor shift. I prefer the Olds, but not in love with it, knowwhatImean?
Poor old Shadow has no heat or AC anymore. SC winter was doable, but I don't know if I can last another summer and 10K is about the pesos I can spare.
Turboshadow
As of today, in Germany, it's more like $5.50
Guten Tag! -Mathias
Wish me luck, I really like the truck and you're right, it's a good deal for both of us.
03 Hoooonda EX and it lives in the Krazy Kerry area, we also have a 4banger with the auto, we got some 25k going on with some weak rubber and we have a little meteorite hit to the starboard side (your kinda ruff on vehicles, ain't ya) .. trade side, in and around the mid to high $15's, "maybe" depending on the damage the low low low low low $16's ....
Let me know how it goes ..
Terry.
Terry.
I went into one ready to tear it apart and came away pleasantly suprised. When you consider the fact that v6 equipped Tributes and Escapes outa come with a spare engine in the hatch and other "branded" competitors costing $$ more than the Sorrento, it is not a bad package for $25k. Understand if one wants to put $500 down and get out of it in two years...the story changes...
Thanks a bunch . . .a local Honda dealer offered 16. . .I thought it was low but I guess not. . .I was hoping for more with the Nav . . oh well. . .once again you are right on. . .what should I ask via retail road?
With appreciation,
Dillydill
Terry.
Wagon?? Heaven forbid, we have an Odyssey for that. Forgot that Saab sold anything but sedans. It's a 4-door.
Thanks for the left-handed compliment.
;-)
In some ways, this seems like 1974/75 all over again.... well, except for the lines half a mile long of folks waiting to buy gas!
--18fan
One more time. Looks like I'm moving to NYC, so I need to get out of my lease about 9 months early. I'm already over on mileage by a bit (say $200 worth), and I'd need to pay Honda a total of about $3200 to walk away from it (about $3k in payments remain). If I sell it to a dealership, the buyout is $14,500. So, question is, is it worth shopping it around, or should I just wash my hands of it?
*2002 Honda Accord Coupe EX-V6
*Automatic tranny
*Black
*50k miles (yeah, I know)
*Boston area
*Tires have about 5k miles on them
*Has a spoiler
*Interior in very good shape, no fries, no nada, except that the driver's floormat needs replacing (worn spot by my gas pedal foot)
*Exterior in good shape, not perfect:
+Rear bumper is scuffed at both corners - touch up looks good, but it's visible at 3 feet if you're looking for it. Doesn't catch the eye, but it's there.
+Has a couple of very minor dings, and one larger (quarter-sized) one.
+Has a 1 inch by 1/2 inch scuff on one of the alloy wheels
+Overall, looks pristine from 15 feet, but it's had some wear and tear that any close inspection will find. I think it's well in line for a car with 50k, but
*Has had all the maintenance, and I have the records.
What say you? KBB says $12k trade-in, Edmunds says $14,400, and yes, neither of them has offered to buy it, since they're books.
Hey, maybe I should use a reverse auction to sell this puppy... I think there's a guy in Oklahoma who might help me out...