pics of the saabaru...56K maybe
Senior Member
Joined: Mar 2002
Posts: 16,353
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From: Ossining, New York
Originally Posted by rich
thanks all 
here's the deal....i leased it. here's why leasing works for me:
- get tired of cars easily
- like having new cars
- didn't want to put a downpayment
- wanted lower monthly payments
in retrospect, i wished i leased the G35. i put down $9k on that thing and paid $564.53/month (60 month loan). after selling the car and paying off the remainder of the loan, i was left with $8k. i like how that $8k looks in my saving account. so rather than spend it on another down, im gonna leave it there.
my lease payment for the S2000 is $370/month, for 36 months (15k miles). i paid $631 for the "down" which is basically the first month's payment and fees. the residual value is $19,545. three year old S2000's hover in the $20-22k range, so i'm not worried if decide to keep it.
as an added bonus, my insurance went down $176/year :screwy:
overall i'm saving ~$210/month. i also have an extra $8k sitting in my bank account. when i'm done with this car, i wont have to deal with selling it again. unless there's a serious flaw with my thinking, this is a win-win situation for me.
here's the deal....i leased it. here's why leasing works for me:
- get tired of cars easily
- like having new cars
- didn't want to put a downpayment
- wanted lower monthly payments
in retrospect, i wished i leased the G35. i put down $9k on that thing and paid $564.53/month (60 month loan). after selling the car and paying off the remainder of the loan, i was left with $8k. i like how that $8k looks in my saving account. so rather than spend it on another down, im gonna leave it there.
my lease payment for the S2000 is $370/month, for 36 months (15k miles). i paid $631 for the "down" which is basically the first month's payment and fees. the residual value is $19,545. three year old S2000's hover in the $20-22k range, so i'm not worried if decide to keep it.
as an added bonus, my insurance went down $176/year :screwy:
overall i'm saving ~$210/month. i also have an extra $8k sitting in my bank account. when i'm done with this car, i wont have to deal with selling it again. unless there's a serious flaw with my thinking, this is a win-win situation for me.
Does the 370 a month include the tax or did you pay the tax separately? If it does include the tax that is one hell of a deal. I think I will have to tell my dad about it since he is thinking about getting one. If you have any info you can give me, please do. Thanks Rich
Best of luck with the new ride
Thread Starter
RIP Woong.
Joined: May 2000
Posts: 17,284
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From: san jose, ca
Originally Posted by BonzoAPD
Does the 370 a month include the tax or did you pay the tax separately? If it does include the tax that is one hell of a deal. I think I will have to tell my dad about it since he is thinking about getting one. If you have any info you can give me, please do. Thanks Rich
Best of luck with the new ride
Best of luck with the new ride
clear your PM box
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AARONNOJIMA.COM
Joined: Aug 2000
Posts: 8,559
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From: Elk Grove, Ca AOL/AI
sweet pickup again man!
although i really dont dig the tan, but tahts me and any car in general...
sweet pick up though...need a front lip :rick:
although i really dont dig the tan, but tahts me and any car in general...
sweet pick up though...need a front lip :rick:
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