Should I get a new car, or just chill?

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Old 01-02-2008 | 12:51 AM
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Should I get a new car, or just chill?

Here's the story...In 2006 I just wanted something new as I was getting tired of my 97' CL I had since high school. I spent tons and tons of money on it on various mods, and just got tired of rocking over speed bumps, worrying about rims, etc. Overall I just grew out of the car, as it was my life for years, and wanted something normal just to focus on school/other stuff.

So I picked up a 2006 Accord LX 4-cyl. When I got the car, I basically wanted to keep the payments pretty low, so I went real basic. Cloth interior, etc. Put nothing down and got it for 275/month, which I'm still pretty happy about. I was very glad at first to have a brand new car, as it is/was very reliable, and it was cool to have something brand new, as I never did before.

Now I'm just bored of the car. I'm really not sure if I consider it a downgrade or an upgrade from my 97 CL, as it had everything (leather, hids, rims, etc)

I keep seeing attractive lease deals like $299/month for a TSX with a minimal down payment, and around $350/month for a TL and I was thinking I should just upgrade to one of those, as I was always more into luxury then anything else. Speed/Power was never really big into me, more so show/looks. Some of my close friends died racing, so I was always into show vs. go.

My lease has 18 months left, should I just hold out? I kinda feel its dumb to get something new now, and I should just wait. I almost feel bad even considering it, as I should feel lucky to even have a new car. I know in 18 months alot of stuff will be out, that would be pretty interesting...09 TL, 09 TSX, 09 EX37/EX37 etc.

Also what can I do to the Accord to keep me more interested in it? The cloth seats/regular headlights/4cyl just seem to make me blah. I'm thinking of getting it detailed this weekend, to revive it a little. I was going to put in a Cold Air and add a front lip, but I don't even really want to get started as once I will do that I will probably spend thousands more Just want to stay stock for the most part.

Sorry for the rant. I type fast, and didn't realize how much I can go on and on. Haha.
Old 01-02-2008 | 01:07 AM
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you can get some sweet deals on 07/08 TSX's right now that were dealer loaner cars. If you want more speed/power I'd wait for the SH-AWD 09 models cuz you won't get much juice outta the 07/08's.
Old 01-02-2008 | 01:11 AM
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hold off, put your money into something else...
Old 01-02-2008 | 01:11 AM
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I would just chill and see what the 4g bring to the table. If that doesnt suit you, buy a 3g.
Old 01-02-2008 | 01:26 AM
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Originally Posted by is300eater
hold off, put your money into something else...
Yeah, that's my problem I guess. I have some money to spend, and feel like I should be driving a sick car, and feel weird pimpin the accord. But I guess it's a fine car. I'm not spoiled at all, as I'm paying for all my own stuff right now. I just feel like I should be driving something more pimp, but I guess I'll hold off. The accord is a great car, I just get bored easily.

Those new EX/FX in 09 should be pretty interesting

Any little things to do to the Accord to make it clean/fun? I tinted it up dark, and shaved the emblems.
Old 01-02-2008 | 01:34 AM
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Originally Posted by r0dxx
Yeah, that's my problem I guess. I have some money to spend, and feel like I should be driving a sick car, and feel weird pimpin the accord. But I guess it's a fine car. I'm not spoiled at all, as I'm paying for all my own stuff right now. I just feel like I should be driving something more pimp, but I guess I'll hold off. The accord is a great car, I just get bored easily.

Those new EX/FX in 09 should be pretty interesting

Any little things to do to the Accord to make it clean/fun? I tinted it up dark, and shaved the emblems.
well, the EX just came out, so they're gonna be pricey and the FX is due for a new design that's going to be unveiled at the next Detroit show... so wait, besides... a year or so down the road anything can happen... you might change your mind about soooooo many things in life... do you have pics of your accord now?
Old 01-02-2008 | 01:40 AM
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personally i would wait until your lease runs out and then don't spend any money modding the leased accord that you're gonna turn in anyway. by that time the 09 tl, 09 tsx, among a ton of other new cars, will have been out long enough to get good deals on them. then u can buy one and mod the hell out of it since u've been saving for the past 18 months.

i really would hesitate to get a new car right now since the new body tl and tsx are due later this year. why do u think the lease/finance rates on the current gens are so good now?
Old 01-02-2008 | 01:55 AM
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Originally Posted by is300eater
well, the EX just came out, so they're gonna be pricey and the FX is due for a new design that's going to be unveiled at the next Detroit show... so wait, besides... a year or so down the road anything can happen... you might change your mind about soooooo many things in life... do you have pics of your accord now?
LOL that just shows you...No pics and I've had the thing for 2 years, my CL I had a picture after every wash I think I'll clean it up this weekend and snap some pics, and post it in the thread
Old 01-02-2008 | 07:28 AM
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I'd wait. The next year and a half will go pretty quick and then you'll have some new options to look at. Or, I'm sure you could get a slammin' deal on a leftover '08 TSX or TL when the new ones come out.
Old 01-02-2008 | 08:15 AM
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How much would it cost to get out of your lease?
Old 01-02-2008 | 08:23 AM
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Dont do it, and whatever you do DONT lease your next car. If you like to do mods buy a 04+ TL automatic owned by an old man/woman and your payment wont be much more than what you are at now, espcially if you put some money down


The best feeling is having a nice, reliable car that is PAID OFF. Imagine how much more money you could put into the car if you didnt have a payment on it. Not that that's the best idea financially, but its better than giving it to the finance company.
Old 01-02-2008 | 08:34 AM
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Does your car fit your needs as of now? If so there's no need for a new one. Simply "wanting one" or "I'm bored with it" are not good reasons to shell out $ on a new car. Unless you have that $ to blow away.

This is how most of America gets in debt.

Only buy what you need when you need it & can afford it.

Remember the added costs......more $ in gas, insurance, & DMV.
Old 01-02-2008 | 09:53 AM
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save your money...slap some rims on the accord and keep it movin, the next few model years are supposed to be pretty good, the new g6, tl, 1-series are all coming soon.
Old 01-02-2008 | 10:54 AM
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Tough to say. If it will cost a lot to get out of your lease, I wouldn't do it. I do understand the boring factor, but sometimes it's not worth the money.
Old 01-02-2008 | 11:07 AM
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Don't do it ... 18 months left of payments @ $250 ... it'll cost a pretty penny to get out of it. Save what you have ... the economy isn't getting much better until after the presidential elections, so save now.

A lot of new cars are coming out in this timeframe. You will be asking yourself this very same question in a couple year's time about getting out of the lease of a car you got into back in the start of '08.

4-cyl Accord? There are a lot of parts for a 7th gen. Take a look at any 'tuner mag. Go simple -- tint, used rims, sways, maybe coilovers (or just springs). Shouldn't cost you any more than $2g to really make it fresh. And the beauty of it is ... it'll be easy to resell. Craigslist, kijiji, ebay, etc ... look and you'll be surprised how easy and cheap it is to mod a 7th gen Accord.
Old 01-02-2008 | 11:11 AM
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^ buy the mods used.

Thats what i do most of the time to save money. Then you wont lose much when you go and sell them again.
Old 01-02-2008 | 11:17 AM
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save for the GTR and kick everyones ass.....LOL
Old 01-02-2008 | 11:18 AM
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Keep it....

Drop the accord and throw some 18" Work Emotions on there with the factory lip kit = sex

the 7G accords REALLY need to be dropped....I can pretty much fist the wheel gap..
Old 01-02-2008 | 11:33 AM
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Chill...

Originally Posted by fuzzy02CLS
Does your car fit your needs as of now? If so there's no need for a new one. Simply "wanting one" or "I'm bored with it" are not good reasons to shell out $ on a new car. Unless you have that $ to blow away.

This is how most of America gets in debt.

Only buy what you need when you need it & can afford it.


I've "wanted" a new car for about 2 years, but I just don't "need" one yet.

I've got the money to blow, but with only 68K miles on my CL, and the fact that it's paid off there really aren't that many good reasons for me to pull the trigger...
Old 01-02-2008 | 11:44 AM
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Like others have suggested, keep the car for now.

If you're bored with it, maybe you can do some simple mods such as coilovers, front lip, rear deck lid/spoiler, new wheels, tint..... hell, if you want a leather interior, you can have someone redo the interior for you too.

Basically, do a few simple mods that can easily be removed when you decide to turn in the lease.

You can check out places like Gen7Accord or for ideas. $2 - 3K should give you a nice looking ride and keep the bordum to a minimum.
Old 01-02-2008 | 11:56 AM
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Thanks guys. Yeah, I don't know what I was thinking...I'm very impulsive, and the guy from Acura basically told me I could get out for no penalties and pay $360/month for the TL with 1k down, but then I'll be locked in for another 36 months. I'm just going to "chill" as I'm still in college anyway.

I may upgrade the interior to leather, and get a front lip though I will post some pics of the car in the next week or so.
Old 01-02-2008 | 12:00 PM
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Originally Posted by GreenMonster
Chill...





I've "wanted" a new car for about 2 years, but I just don't "need" one yet.

I've got the money to blow, but with only 68K miles on my CL, and the fact that it's paid off there really aren't that many good reasons for me to pull the trigger...
The older I get the more I see wisdom I see in your actions. At first I thought you were foolish to want a new car, have the money to do it and still not get one, now I "get it."
Old 01-02-2008 | 12:02 PM
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its a leased car...... leave it alone... dont put ur self down the tube by turning in a lease early... you will be out a couple of thousand..
Old 01-02-2008 | 12:17 PM
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Man, i know u hate to but... i say chill too...i remember wanting a bmw m3 and having the money too...but i bought a house instead... now my house has appreciated, not depreciated... i must say that my CLS is paid for and very lightly mod'd... also you might consider another cash purchase ride to mod and the accord to drive... thats what im gonna do after i get my wife another car / suv...
Old 01-02-2008 | 12:21 PM
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the scenario would be different if suppose you were driving a clunker that was in the shop all the time and guzzle gas like water, both costing you a ton of money, but an 06' Accord?? That car for many people is suppose to last another 20 years
Old 01-02-2008 | 01:01 PM
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The car actually looks pretty tight at night, with the LED tail-lights. Yea, I'm definitely keeping it. Just a bad impulse, but I'm content with the Accord now
Old 01-02-2008 | 01:23 PM
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If you're gonna keep this car as long as you kept the '97, then buy new. If you think that for any reason your earnings will increase to teh point where you'd want something better than the TSX, buy used.

Don't buy new and then trade it in 2 years. That's just pissing away money.
Old 01-02-2008 | 02:17 PM
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Originally Posted by charliemike
If you're gonna keep this car as long as you kept the '97, then buy new. If you think that for any reason your earnings will increase to teh point where you'd want something better than the TSX, buy used.

Don't buy new and then trade it in 2 years. That's just pissing away money.
I made out "good" on my infiniti trade in and its still upsetting to realize how much it cost me to drive that car for 13 months, not that I can't afford it but no one likes pissing money away.
Old 01-04-2008 | 09:36 AM
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Originally Posted by is300eater
the scenario would be different if suppose you were driving a clunker that was in the shop all the time and guzzle gas like water, both costing you a ton of money, but an 06' Accord?? That car for many people is suppose to last another 20 years


it's hard to fight the urge to buy a new car especially when you have money to spend. but if you do have that extra money, invest it somewhere or at least put it in some savings account.

since you're still in college, i'd just wait until you graduate, get a job, and have even more money to spend and then get a car that you really want.
Old 01-04-2008 | 10:49 AM
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Originally Posted by r0dxx
Thanks guys. Yeah, I don't know what I was thinking...I'm very impulsive, and the guy from Acura basically told me I could get out for no penalties and pay $360/month for the TL with 1k down, but then I'll be locked in for another 36 months.
What the Acura guy probably didn't tell you:
1) If you're upside down (owe more than the car is worth), they'd roll that amount into the TL's lease.
2) With 18 months left, you're probably still upside down.
3) You should never base a lease on the monthly payments and down payment. Always negotiate the price of the car just like a normal sale.

Like everyone else said, just chill. Newer and "better" comes out every year when it comes to cars. You should start thinking about your new car when you have about 3 months left on your lease. It will be easier to sell it outright and/or negotiate an early lease return. Good luck.
Old 01-04-2008 | 11:32 AM
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Originally Posted by JediMindTricks


it's hard to fight the urge to buy a new car especially when you have money to spend. but if you do have that extra money, invest it somewhere or at least put it in some savings account.

since you're still in college, i'd just wait until you graduate, get a job, and have even more money to spend and then get a car that you really want.
Very well said. Yeah, it's hard not getting something you want when you have the extra money to do it, but it's smarter just to hold out. Not to mention the parent factor, that my mom was going haywire of me even considering it, not that it really matters but not worth the trouble.
Old 01-04-2008 | 05:26 PM
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Originally Posted by r0dxx
Very well said. Yeah, it's hard not getting something you want when you have the extra money to do it, but it's smarter just to hold out. Not to mention the parent factor, that my mom was going haywire of me even considering it, not that it really matters but not worth the trouble.
LOL... thats what Moms are for...
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