and i would keep it.

 

Depends on what they're going to charge you for being 24k miles over the limit. (It's in the contract what the charge per mile is.) It might work out your favor to buy the car, or it might not...

Dont lease any more cars

 

Banks: "No loans. Govt cash bailouts only please!"

 

It's a Honda, not an Audi.

 

I'll take two please! Seriously though, a 4DR 6-speed Accord is always going to have a fanbase then an automatic Accord. You may not realize how hard it is to find a 4DR 6-speed until you try to buy one. Good luck.

 

 

A quick search in Bayarea i found 18.
this one has 43k miles. asking $15k. 70k mile is not more than $11k to $12k.

there is no evidence that family sedan manual has better retained value. it is 5speed only.

http://www.autotrader.com/fyc/vdp.js...standard=false

 

Your search showed all manuals. A modified search for V6 6-speeds showed 3 with the cheapest one being $16,991 in a 100 mile radius. Last time I did a search in my area the closest one to me was close to 200 miles away so my point stands. They are a rare car and regardless of how they hold their value I would love to own and I couldn't see myself needing to sell it unless I had quintuplets lol!

 

i didnt even know they made the sedan with a 6 speed. definitely a nice car

 

Not likely. My friend has a 92 Accord 5 spd coupe with 275K+ miles and that thing runs like a top. The only things that have needed repair/replacement was a small A/C leak (easily fixed), a catalytic converter, a couple engine mounts, a new clutch slave cylinder, an axle and a distributor & coil. All of these repairs were well after 220K miles. The car has just started to develop a leak from the valve cover but the engine runs smooth and doesn't burn a drop of oil. So can you explain to me how spending about $700-800 within the last 55K miles to keep a car running in top condition is more expensive than a car payment?

Except for the distributor and coil, all of these items were all normal wear and tear items that commonly fail much sooner on domestics than on Honda's, Toyota's, etc. The only other work done on the car has been maintenance such as oil changes, brakes, belts, etc.

 

Ok. 275k car is depreciated to nearly zero. u cannt trade it in. and most likey you have to replace tires multiple times.

with new Car. You get much safer vehicle (even if it is smaller), more comfortable ride, space, performance.
everything new for 4 years like tires, brakes, AC/Audio. It is better to change cars every 7 to 8 years. possibly under 100kmiles. so u only need one extra set of tires. there is $10k equity left if it is under 100k. but once ur in 100k to 150k region. u will only be in low price cash buyers. there is extra deprecation hit of $5 to $7K. it is better to hit depreciaiton on new car than older one. Remember car is not house. the older it gets the faster going towards zero point.

 

I trust the money lady Suze Oberman. She says to keep your wheels for at least 10 years, its boring but very good for ones' money.

 

All I have to say to the OP is, good luck trying to find a bank to finance a 80K mi. car. You realize you will have to put a down payment on the finance at lease end.

What I would like to know is how much the end lease buy out is. After knowing that the bank will compare that to its KBB value, if the buyout exceeds the KBB value you can guarantee you will have a tough time financing that vehicle if you're credit is less than stellar.

 

I am at 73k for 2006 car and realize I have to act soon to finance it at lease end. So I am going to take care of it next week. I was offered 5.95 48 or 60 months. I have 770-780 credit.

 

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The lease buy out is 12,900 before tax for a 2006 Accord EX-L V6 MT assuming it has 48k.

 

That's not bad, I bet you could sell the car privately for about $14,000. Since the buyout is that inexpensive and considering your credit, you'll be able to finance the Accord at lease end without a problem.

I would keep the Accord because your other alternative vehicles are rather :thumbsdow

 

Nope. Suzzy Oberman. dont know that u can fully deduct taxes on new car untill 12/31/2009. but not on lease buyout.
She dont know there is Honda financing for new cars at 3% if u have good credit. and she dont know that us still have to pay tax on leas buyout. so ur end result is at $14K for 73k mile car. I will rather buy new Honda Accord @22K 4cylinder 190bhp. with full tax deduction, new tires, better safety, better fuel economy etc. and at 4 year end it will be still at $14k but ur old car will essentially go to zero at four more years with all the breakdown risk.

 

Yes, you made your point abundantly clear already.

 

Sounds like you wanna steal the guy's car. 100k is not the magical mythical number it once was, not even on domestics - much less a Honda. Find an 06 Accord with 100k - they are out there - and if it can be bought for $5k please point me at it
And WTH do you mean nobody will finance a vehicle with 100k+ on it?? I know people who have financed vehicles at credit unions with almost 200k miles. You are just not giving accurate info.

 

Oh and OP - a Rondo - seriously? I can't think of a vehicle that would depreciate worse or faster...