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Good price - Car?

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Rycois
Blessed with 2blue/2pink

Member since 12/05

13341 total posts

Name:
J

Good price - Car?

I got 2 quotes today - do you think they are reasonable?

Nissan Altima 4 cyc 2.5 - basic model
Lease for $199/mo with $2K down
12k miles for 39 months

Buy for $338/mo with $4K down
60 month

Honda CR-V basic model - 4WD
Lease for $303/mo with $2K down
12k miles for 36 months

Buy for $423/mo with $4K down for
60 months

Message edited 2/16/2008 8:16:35 PM.

Posted 2/16/08 8:11 PM
 
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neenie

Member since 5/05

22351 total posts

Name:

Re: Good price - Car?

with buying them- how many months is that quote based on?

Posted 2/16/08 8:13 PM
 

Rycois
Blessed with 2blue/2pink

Member since 12/05

13341 total posts

Name:
J

Re: Good price - Car?

Sorry - good question
60 months

Posted 2/16/08 8:14 PM
 

neenie

Member since 5/05

22351 total posts

Name:

Re: Good price - Car?

The Altima sounds like a good price. The salesman told us yesterday that most Altimas that he sold recently were going for around $22,000- which comes out in the area for the quote you got.

Posted 2/16/08 8:19 PM
 

jodi714
Love my little girl!

Member since 2/06

3621 total posts

Name:
Jodi

Re: Good price - Car?

Be careful when leasing a car for more than 36 months. The warranty typically only covers 36 months and 36,000 miles so you are responsible after that. We were going to lease a Nissan Rogue and they refused to give us a 36 month lease for the price we wanted so we walked away. They stated that all their cars are coverd for 36 mos and 36000miles.

Posted 2/16/08 9:31 PM
 

Rycois
Blessed with 2blue/2pink

Member since 12/05

13341 total posts

Name:
J

Re: Good price - Car?

I know - that 39 months is annoying!

Posted 2/17/08 8:33 AM
 

Kellish
LIF Adult

Member since 10/07

2713 total posts

Name:
LOVE THE LIFE

Re: Good price - Car?

IMO try not to put any money down on a lease. Because if you put 2,000 drive it off the lot a week later get in a wreck....You are out 2,000. Try to talk the dealers down to the lowest amount possible.

Posted 2/17/08 9:35 AM
 

Kara
Now Zagat Rated!

Member since 3/07

13217 total posts

Name:
They call me "Tater Salad"

Re: Good price - Car?

Honestly, it's difficult to tell you whether the purchase prices are good deals. What is the actual price you're paying, and what is your interest rate? The monthly payments aren't all that telling.

Posted 2/17/08 10:00 AM
 

neenie

Member since 5/05

22351 total posts

Name:

Re: Good price - Car?

Posted by Kara

Honestly, it's difficult to tell you whether the purchase prices are good deals. What is the actual price you're paying, and what is your interest rate? The monthly payments aren't all that telling.



Good point.

They have an offer right now for 3.9% financing for 60 months. If the purchase price is $22,000 @3.9% for 60 months, the payment comes out to $330.69/month, but that doesn't include taxes.

Posted 2/17/08 10:10 AM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: Good price - Car?

Posted by neenie

Posted by Kara

Honestly, it's difficult to tell you whether the purchase prices are good deals. What is the actual price you're paying, and what is your interest rate? The monthly payments aren't all that telling.



Good point.

They have an offer right now for 3.9% financing for 60 months. If the purchase price is $22,000 @3.9% for 60 months, the payment comes out to $330.69/month, but that doesn't include taxes.



agreed, you have to negotiate on the selling price, not the monthly price. Also, I would never put down any money on a lease.

Posted 2/17/08 11:03 AM
 

Rycois
Blessed with 2blue/2pink

Member since 12/05

13341 total posts

Name:
J

Re: Good price - Car?

Thanks - I ended up putting down $1500 + my old Maxima (146K miles, 1996 so only $500) and paid taxes and DMV fees.

Decided to lease b/c we think it makes the most sense for us right now to have lower payments if we decide to try for another Chat Icon next year.

Anyway, got $179/mo - 36 months/12K miles a yr.

Posted 2/17/08 5:26 PM
 
 

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