Lease and 6-Speed CL-S

Thread Tools
 
Search this Thread
 
Old 03-17-2002 | 01:47 AM
  #1  
BakedWafer's Avatar
Thread Starter
Grand Turismo
 
Joined: Sep 2001
Posts: 252
Likes: 1
From: Liverpool, NY
Lease and 6-Speed CL-S

I am leasing a 2001 CL-S, I got a ridiclous price when I bought it and it's pretty much loaded (24,499). Spoiler, wheel locks, trailer hitch and mud flaps. I know some of those aren't standard. Other than some random act of god, what would it take to move me out of this lease and into and 2003 6-Speed Lease? If anyone has any ideas PLEASE HELP me. I've tried praying to god on this one but even he can't fight honda finance. If you lease, you know what I mean.
:P

Later
Old 03-17-2002 | 01:49 AM
  #2  
mdaniel's Avatar
Banned
 
Joined: Oct 2000
Posts: 1,837
Likes: 0
From: Orange County CA
You don't have a problem that can't be fixed with a very big check.
Old 03-17-2002 | 01:52 AM
  #3  
BakedWafer's Avatar
Thread Starter
Grand Turismo
 
Joined: Sep 2001
Posts: 252
Likes: 1
From: Liverpool, NY
God

Originally posted by mdaniel
You don't have a problem that can't be fixed with a very big check.
I said random act of god, seriously though, how much you think were talking about to move me out of the 01 and into the 03 other than lightning bolts.
Old 03-17-2002 | 01:54 AM
  #4  
mdaniel's Avatar
Banned
 
Joined: Oct 2000
Posts: 1,837
Likes: 0
From: Orange County CA
Probably several thousand. Like 4-5.
Old 03-17-2002 | 02:09 AM
  #5  
Beltfed's Avatar
Moderator Alumnus
 
Joined: Jan 2001
Posts: 9,574
Likes: 0
From: Communist, NY
mdaniel is right on the money, I have a 01 on a lease (about a year and 4 months left) and I'm in the $4k negative area.

I have dumped out of several leases with losing minimal dollars....but the CL doesn't have such a great resale value. Leases in general aren't designed so people can just dump out of them at will, its a contract. But if a car has a good residual value and dealers are willing to offer descent money for the vehicle, getting out isn't always so difficult.

So, along with the above....used cars have been taking a beating in the last 6-8 months, because the interest rates on new cars are reasonable where used rates aren't that great.

With Acura dealers having a tough time selling the CL's they have.....they certainly aren't frothing at the mouth for more.
Old 03-17-2002 | 12:08 PM
  #6  
ruvz's Avatar
YOOOOOOOOOOOOOO!
 
Joined: Apr 2001
Posts: 2,306
Likes: 0
From: Canada
Beltfed is right....depends on what your buyback is.... if you put down some good money when you first leased your CL-S, you r buyback will most likely be lower and the dealer can buy out your car and lease you a 6-spd.

The other thing is that bacsue the 6spd is consider "a new release" by Acura, you will find that the buyback on them will be higher, therefore it would be cheaper to lease a 03' than a 02'.
Old 03-17-2002 | 10:35 PM
  #7  
BakedWafer's Avatar
Thread Starter
Grand Turismo
 
Joined: Sep 2001
Posts: 252
Likes: 1
From: Liverpool, NY
Reduction

Originally posted by ruvz
Beltfed is right....depends on what your buyback is.... if you put down some good money when you first leased your CL-S, you r buyback will most likely be lower and the dealer can buy out your car and lease you a 6-spd.

The other thing is that bacsue the 6spd is consider "a new release" by Acura, you will find that the buyback on them will be higher, therefore it would be cheaper to lease a 03' than a 02'.

I put a total of 5,000 dollars down when I bought the car and the cost was 24,995. Let me know what you guys are thinking I don't feel like being raped by the dealer even though it's inevitable. Thanks
Old 03-17-2002 | 10:55 PM
  #8  
mdaniel's Avatar
Banned
 
Joined: Oct 2000
Posts: 1,837
Likes: 0
From: Orange County CA
Re: Reduction

Originally posted by BakedWafer



I put a total of 5,000 dollars down when I bought the car and the cost was 24,995. Let me know what you guys are thinking I don't feel like being raped by the dealer even though it's inevitable. Thanks
Go talk to a couple of dealers tomorrow and report back. I'm sure more than a few people would like to know what they say.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Pham Alvan
2G CL (2001-2003)
35
05-18-2021 06:48 AM
rp_guy
Member Cars for Sale
9
07-16-2017 07:33 AM
lanechanger
Member Cars for Sale
4
10-13-2015 10:56 AM
jmaxima03
Member Cars for Sale
1
09-27-2015 10:22 AM



Quick Reply: Lease and 6-Speed CL-S



All times are GMT -5. The time now is 12:43 PM.