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#1
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So, I leased my Honda Civic back in 2003 (I was stupid). It is a 2004 EX, 2-door. It is a 4-year lease and is up in May. It only has about 33,000 miles on it, so the mileage is great and it is in great shape- I don't drive all that much.
I can buy the car for $8,000 per the lease contract. I have looked for similar cars in my area onilne and they sell for $10-13k. So it seems like a no brainer to buy it out, even if I turn around and sell it. Am I missing something? For $8k I don't think I would get nearly as good of a car. I don't really care about what car I have now, I just need something to get around. And I didn't amortize the taxes when I leased because I didn't think I would be buying it at the end. So that will suck. But other than that...good? Bad? Thanks! |
#2
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Buy it out. You're right... you won't find a better car for the money.
If you decide to upgrade later on you pretty much have one of the most desireable used cars on the market and will have no problem getting rid of it. |
#3
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yeah I think this is a no-brainer. You could easily drive this car another 8-10 years.
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