Acuras are getting Expensive
08-10-2006 | 03:21 PM
#42
Senior Moderator
Joined: May 2003
Posts: 45,641
Likes: 2,329
From: Better Neighborhood, Arizona
Originally Posted by oonowindoo
wth??? did ur 97 TL-P come with 3.5L and AWD?
The 2nd and 3rd gen TL's are Accords with some different styling and interior. Platform sharing reduces costs dramatically. Which is why the 2nd gen TL was $8,000 cheaper
08-10-2006 | 04:05 PM
#45
Houses Won't Depreciate?
Joined: Feb 2003
Posts: 6,238
Likes: 0
From: Weston, FL
Originally Posted by SatinSilverTypS
i see what you're saying and i agree with the concept but i have a tough time doing that because you're always paying for something you never own. as far as economics are concerned your generally better off owning a vehicle over the long term and getting enough use out of it to the point that it doesn't owe you anything.
case in point: my father owns a 99 avalon. purchased brand new. by the time he had it 4-5 years he had racked up enough miles that the trade in was much less than the remaining principle on the loan. he now has 200k miles on it and has only needed to replace the water pump. i would be willing to say he is ahead of the game since it's been paid off for some time and he is saving money that he would have otherwise been spending on a lease.
the smartest way to *own* a car is to buy it once it's out of lease. i paid $10k less for my 02 TL-S with only 27k miles on it after it came out of it's lease. had i bought the car new i would owe more than it was worth after 3 years, but had i leased it then i would have a new car (which is very nice), but i wouldn't own anything. as it stands my principle and the worth of the car have been riding neck and neck since 2004 when i bought the car. it's just the thought to me that after 5-8 years of leasing you could have owned the car had it been purchased with a loan.
plus i'm just bitching because i drive too many miles a year to lease something
SSTS
case in point: my father owns a 99 avalon. purchased brand new. by the time he had it 4-5 years he had racked up enough miles that the trade in was much less than the remaining principle on the loan. he now has 200k miles on it and has only needed to replace the water pump. i would be willing to say he is ahead of the game since it's been paid off for some time and he is saving money that he would have otherwise been spending on a lease.
the smartest way to *own* a car is to buy it once it's out of lease. i paid $10k less for my 02 TL-S with only 27k miles on it after it came out of it's lease. had i bought the car new i would owe more than it was worth after 3 years, but had i leased it then i would have a new car (which is very nice), but i wouldn't own anything. as it stands my principle and the worth of the car have been riding neck and neck since 2004 when i bought the car. it's just the thought to me that after 5-8 years of leasing you could have owned the car had it been purchased with a loan.
plus i'm just bitching because i drive too many miles a year to lease something
SSTS
You need to enjoy both worlds. I lease, and I own. You got a point tho.
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