End of lease options

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Old Jul 7, 2009 | 03:05 PM
  #1  
lilcasino's Avatar
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From: maine
End of lease options

Anyone with a 07 coming up on there end of lease? Mine is due in a couple months and am thinking about buying it but didn't know if you can negotiate the price or not.
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Old Jul 7, 2009 | 04:24 PM
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Everything is negotiable. What's the worse that they say....no? I would do research in KBB/Edmunds as to what the resale value woudl be on an 07 RDX to date and take it from there. I'm not sure how the re-sale value is effected by a lease vs. someone actually owning it but it'll give you an idea.
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Old Jul 7, 2009 | 04:29 PM
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Mine is coming up in December. It's been a nice experience but I don't want to have a sub 20mpg car once gas prices go back up. So I'll be walking away.

I'm sure you can negotiate a decent deal if you want to buy the car. Sales of new RDXs are absolutely miserable, so the dealer should take every opportunity to get a used one off his hands.
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Old Jul 7, 2009 | 05:19 PM
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Originally Posted by creativeguy
Mine is coming up in December. It's been a nice experience but I don't want to have a sub 20mpg car once gas prices go back up. So I'll be walking away.

I'm sure you can negotiate a decent deal if you want to buy the car. Sales of new RDXs are absolutely miserable, so the dealer should take every opportunity to get a used one off his hands.
I agree about gas prices, it will go up again for $4 per gallon.
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Old Jul 9, 2009 | 11:18 PM
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Originally Posted by creativeguy
Mine is coming up in December. It's been a nice experience but I don't want to have a sub 20mpg car once gas prices go back up. So I'll be walking away.

I'm sure you can negotiate a decent deal if you want to buy the car. Sales of new RDXs are absolutely miserable, so the dealer should take every opportunity to get a used one off his hands.
What is your residual price on your RDX ? I am entertaining the idea of buying a 2007 RDX from someone in the NYC area who has their lease ending at year end.
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