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#1
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#2
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3 years ago we leased an XC90 with the convience package - leather, rear assist and wood steering wheel. The car is and was beatiful. It was $499/month + tax, 0 down lease. Ends up being $545 every month or so. We loved the car and have babied it. It only has 24,0000 miles. We've calculted we've paid about $20,000 in payments at the lease end. The original Sticker on the car was $42k (I think) but the sale price was around $37k on the lease papers. Next month is our last payment (of $545) + a termination fee of ($400). The buy out on the car is around $24k + tax which is kinda crazy. This morning, in what was likely really bad negiotation move, we called the bank inquiring about making a deal to buy the car. Not expecting to be asked to make a verbal offer on the spot, we hastly offered $17k + tax. They came right back with little hesitation and countered for $17500. They will however waive the last payment and the termination fee bringing the price down to roughly $16,500. If we go to carsdirect.com, this same car (now v6 not inline 5) prices out to roughly $42k + tax (likely negotiate down to ($38k) Compare all this to the car we were going to buy (2009 Honda Pilot EX- L) for roughly $30k + tax. We have 24 hours to confirm we want it. Again the car is perfect condition and even has new tires and breaks. I think made a mistake in not offering them $13k and then expecting them to meet us half way, but anyways, the buy out takes us to the original price roughly and we do like the car. But no way to go back now. Our only concern about the car is that we have been puting regular gas in it , but it's been running great. Any expected damage? The car has one more year of warranty. Mainly, we just love the way the car looks and feels, the engine could be more powerful and we really were looking forward to an Aux jack for the radio and a hitch. Any thoughts? Good deal? concerns about Gas type we've been using? |
#3
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jc wrote: 3 years ago we leased an XC90 with the convience package - leather, rear assist and wood steering wheel. The car is and was beatiful. It was $499/month + tax, 0 down lease. Ends up being $545 every month or so. We loved the car and have babied it. It only has 24,0000 miles. We've calculted we've paid about $20,000 in payments at the lease end. The original Sticker on the car was $42k (I think) but the sale price was around $37k on the lease papers. Next month is our last payment (of $545) + a termination fee of ($400). The buy out on the car is around $24k + tax which is kinda crazy. This morning, in what was likely really bad negiotation move, we called the bank inquiring about making a deal to buy the car. Not expecting to be asked to make a verbal offer on the spot, we hastly offered $17k + tax. They came right back with little hesitation and countered for $17500. They will however waive the last payment and the termination fee bringing the price down to roughly $16,500. If we go to carsdirect.com, this same car (now v6 not inline 5) prices out to roughly $42k + tax (likely negotiate down to ($38k) Compare all this to the car we were going to buy (2009 Honda Pilot EX- L) for roughly $30k + tax. We have 24 hours to confirm we want it. Again the car is perfect condition and even has new tires and breaks. I think made a mistake in not offering them $13k and then expecting them to meet us half way, but anyways, the buy out takes us to the original price roughly and we do like the car. But no way to go back now. Our only concern about the car is that we have been puting regular gas in it , but it's been running great. Any expected damage? The car has one more year of warranty. Mainly, we just love the way the car looks and feels, the engine could be more powerful and we really were looking forward to an Aux jack for the radio and a hitch. Any thoughts? Good deal? concerns about Gas type we've been using? You won't damage anything using regular gas, it will run just fine. If the computer detects the onset of knock it will retard the ignition timing. The result is slightly less power and worse fuel economy but no damage. |
#4
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3 years ago we leased an XC90 with the convience package - leather, rear assist and wood steering wheel. The car is and was beatiful. It was $499/month + tax, 0 down *lease. Ends up being $545 every month or so. We loved the car and have babied it. It only has 24,0000 miles. We've calculted we've paid about $20,000 in payments at the lease end. The original Sticker on the car was $42k (I think) but the sale price was around $37k on the lease papers. Next month is our last payment (of $545) + a termination fee of ($400). The buy out on the car is around $24k + tax which is kinda crazy. This morning, in what was likely really bad negiotation move, we called the bank inquiring about making a deal to buy the car. Not expecting to be asked to make a verbal offer on the spot, we hastly offered $17k + tax. They came right back with little hesitation and countered for $17500. They will however waive the last payment and the termination fee bringing the price down to roughly $16,500. If we go to carsdirect.com, this same car (now v6 not inline 5) prices out to roughly $42k + tax (likely negotiate down to ($38k) Compare all this to the car we were going to buy (2009 Honda Pilot EX- L) for roughly $30k + tax. We have 24 hours to confirm we want it. Again the car is perfect condition and even has new tires and breaks. I think made a mistake in not offering them $13k and then expecting them to meet us half way, but anyways, the buy out takes us to the original price roughly and we do like the car. But no way to go back now. Our only concern about the car is that we have been puting regular gas in it , but it's been running great. Any expected damage? The car has one more year of warranty. Mainly, we just love the way the car looks and feels, the engine could be more powerful and we really were looking forward to an Aux jack for the radio and a hitch. Any thoughts? Good deal? concerns about Gas type we've been using? |
#5
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#6
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3 years ago we leased an XC90 with the convience package - leather, rear assist and wood steering wheel. The car is and was beatiful. It was $499/month + tax, 0 down *lease. Ends up being $545 every month or so. We loved the car and have babied it. It only has 24,0000 miles. We've calculted we've paid about $20,000 in payments at the lease end. The original Sticker on the car was $42k (I think) but the sale price was around $37k on the lease papers. Next month is our last payment (of $545) + a termination fee of ($400). The buy out on the car is around $24k + tax which is kinda crazy. This morning, in what was likely really bad negiotation move, we called the bank inquiring about making a deal to buy the car. Not expecting to be asked to make a verbal offer on the spot, we hastly offered $17k + tax. They came right back with little hesitation and countered for $17500. They will however waive the last payment and the termination fee bringing the price down to roughly $16,500. If we go to carsdirect.com, this same car (now v6 not inline 5) prices out to roughly $42k + tax (likely negotiate down to ($38k) Compare all this to the car we were going to buy (2009 Honda Pilot EX- L) for roughly $30k + tax. We have 24 hours to confirm we want it. Again the car is perfect condition and even has new tires and breaks. I think made a mistake in not offering them $13k and then expecting them to meet us half way, but anyways, the buy out takes us to the original price roughly and we do like the car. But no way to go back now. Our only concern about the car is that we have been puting regular gas in it , but it's been running great. Any expected damage? The car has one more year of warranty. Mainly, we just love the way the car looks and feels, the engine could be more powerful and we really were looking forward to an Aux jack for the radio and a hitch. Any thoughts? Good deal? concerns about Gas type we've been using? |
#7
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Our only concern about the car is that we have been puting regular gas in it , but it's been running great. Any expected damage? The car has one more year of warranty. Mainly, we just love the way the car looks and feels, the engine could be more powerful and we really were looking forward to an Aux jack for the radio and a hitch. Any thoughts? Good deal? concerns about Gas type we've been using? |
#8
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3 years ago we leased an XC90 with the convience package - leather, rear assist and wood steering wheel. The car is and was beatiful. It was $499/month + tax, 0 down *lease. Ends up being $545 every month or so. We loved the car and have babied it. It only has 24,0000 miles. We've calculted we've paid about $20,000 in payments at the lease end. The original Sticker on the car was $42k (I think) but the sale price was around $37k on the lease papers. Next month is our last payment (of $545) + a termination fee of ($400). The buy out on the car is around $24k + tax which is kinda crazy. This morning, in what was likely really bad negiotation move, we called the bank inquiring about making a deal to buy the car. Not expecting to be asked to make a verbal offer on the spot, we hastly offered $17k + tax. They came right back with little hesitation and countered for $17500. They will however waive the last payment and the termination fee bringing the price down to roughly $16,500. If we go to carsdirect.com, this same car (now v6 not inline 5) prices out to roughly $42k + tax (likely negotiate down to ($38k) Compare all this to the car we were going to buy (2009 Honda Pilot EX- L) for roughly $30k + tax. We have 24 hours to confirm we want it. Again the car is perfect condition and even has new tires and breaks. I think made a mistake in not offering them $13k and then expecting them to meet us half way, but anyways, the buy out takes us to the original price roughly and we do like the car. But no way to go back now. Our only concern about the car is that we have been puting regular gas in it , but it's been running great. Any expected damage? The car has one more year of warranty. Mainly, we just love the way the car looks and feels, the engine could be more powerful and we really were looking forward to an Aux jack for the radio and a hitch. Any thoughts? Good deal? concerns about Gas type we've been using? |
#9
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On Jan 26, 12:36*pm, jc <j... (AT) webdos (DOT) com> wrote: 3 years ago we leased an XC90 with the convience package - leather, rear assist and wood steering wheel. The car is and was beatiful. It was $499/month + tax, 0 down *lease. Ends up being $545 every month or so. We loved the car and have babied it. It only has 24,0000 miles. We've calculted we've paid about $20,000 in payments at the lease end. The original Sticker on the car was $42k (I think) but the sale price was around $37k on the lease papers. Next month is our last payment (of $545) + a termination fee of ($400). The buy out on the car is around $24k + tax which is kinda crazy. This morning, in what was likely really bad negiotation move, we called the bank inquiring about making a deal to buy the car. Not expecting to be asked to make a verbal offer on the spot, we hastly offered $17k + tax. They came right back with little hesitation and countered for $17500. They will however waive the last payment and the termination fee bringing the price down to roughly $16,500. If we go to carsdirect.com, this same car (now v6 not inline 5) prices out to roughly $42k + tax (likely negotiate down to ($38k) Compare all this to the car we were going to buy (2009 Honda Pilot EX- L) for roughly $30k + tax. We have 24 hours to confirm we want it. Again the car is perfect condition and even has new tires and breaks. I think made a mistake in not offering them $13k and then expecting them to meet us half way, but anyways, the buy out takes us to the original price roughly and we do like the car. But no way to go back now. Our only concern about the car is that we have been puting regular gas in it , but it's been running great. Any expected damage? The car has one more year of warranty. Mainly, we just love the way the car looks and feels, the engine could be more powerful and we really were looking forward to an Aux jack for the radio and a hitch. Any thoughts? Good deal? concerns about Gas type we've been using? Check the value of the car within your area using Edmunds or a similar site to see if you are getting a good price or not. The amount that you paid in lease payments is irrelevant at this point. You are buying transportation from this point forward so cash out of pocket and the current value of the car are what will determine whether you are getting a good deal or not.. |
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