View Full Version : FS: 2003 Rsx-s
max_boost
12-19-2003, 03:03 AM
Premium White Pearl 14000Kms
Purchased in July 2003
Includes winter tires (blizzaks ws15 up front and pilot alpins in the rear) as well as OEM tires
Price.....is $470/month until June 2007
We will do a lease assumption, good deal considering the lease rate on the car is 3.8% which is sweet sweet sweet
FAQ
Nothing wrong with the car
It doesn't matter why I am selling the car
It also doesn't matter what I will be buying
Only post if you are interested.
Thanks
rc2002
12-19-2003, 09:54 AM
Hey Sam, what's buy out at the end of the lease?
Anymore detail ? how come $470 a month :eek: ?? and till 2007 ? 4 yr lease ? you want someone to just take over your lease, or you will pay some $$ for someone to take over your lease ? 3.8% is sweet deal, but for $470 a month ... did you put "ZERO" down ?
buy out ? :eek:
max_boost
12-19-2003, 12:30 PM
0 down
Buy out is $14711
If you were to go through with the lease until maturity and purchase the car out right, it will come to $34921 which is reasonable.
If you were to buy a used Type S say for, $29K and take out an auto loan for that value at 8.5% over 4 years, in the end, you are still paying around the same price as my lease but with a $700+ monthly payment for finance.
The current lease rate is 7.5% for the RSX-S. If you were to purchase a brand new one, your payments would be easily over $500.
Good thing about leasing is lower monthly payments but you pay $$$ for interest but 3.8 is :bigpimp: especially for a Honda/Acura.
I will pay ABSOLUTELY NOTHING for someone to take over this lease:D If it doesn't sell, that's fine too, no rush. I'll wait for it to depreciate to the point where the trade in can cover my buyout!!! I just want RWD+Torque:drool:
You don't have to pay Penalty for ending the Lease from Honda Canada ?
I think if you terminate the Lease within the first 12 months, you need to pay 2 payments for Penalty.. :confused:
You better check with Honda first, so you don't have to pay Early termination penalty..:)
max_boost
12-19-2003, 03:37 PM
I'm glad you brought that up but until someone expresses serious interest, I won't look any further....yet
max_boost
12-20-2003, 12:42 AM
There is no penalty except for a $300 administration fee
max_boost
01-10-2004, 12:07 AM
Bump :)
04blackMAX
01-10-2004, 12:09 AM
wanna swap leases?
lol
max_boost
01-10-2004, 01:02 AM
LOL
No trades :)
Interested party can just take over my lease! I'll even pay for the $300 administration fee and the monthly payment comes out on the 10th so if you buy on the 11th, you basically get one month free. :rofl: :thumbsup:
max_boost
01-10-2004, 01:05 AM
Actually nothing is in the picture. I'll be driving my restaurant's 4Runner (company write off) :D
max_boost
01-14-2004, 01:35 AM
:thumbsup:
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