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Someone is getting a good deal

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Old 07-12-2005 | 08:22 PM
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Default Someone is getting a good deal

I check this website time to time here. I found a new owner for my 330i. As you can see, I nearly fell of my chair when I saw this deal. Too bad it is pending or it would be mine tonight.

Sam
Old 07-12-2005 | 08:28 PM
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9 grand to take over and a residual that is 12-16k over the value of the car at the end of the lease -- and you have to live in Ohio. Not such a great deal.
Old 07-12-2005 | 08:29 PM
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"$9000 down to take over payments"

So $9000 / 15mo left on lease = $600/mo + another $400/mo in payments. And you are at $1000/mo basically for this lease.

Is that a good deal?

Andrew
Old 07-12-2005 | 08:53 PM
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Originally Posted by aklucsarits,Jul 12 2005, 07:29 PM
"$9000 down to take over payments"

So $9000 / 15mo left on lease = $600/mo + another $400/mo in payments. And you are at $1000/mo basically for this lease.

Is that a good deal?

Andrew
US$1000/mo, for a 911 Turbo (1200miles/mo), seems like a good deal to me, as long as you dont purchase the vehicle at the end of the lease.
Old 07-13-2005 | 05:05 AM
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I wouldn't pay more than a buck o' 5.
Old 07-14-2005 | 09:32 AM
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My s2k is listed there right now... 0 down, 391/month payments with my incentive. 12k residual. 48 months at 1680 miles/month.
Old 07-14-2005 | 11:33 AM
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unfortunately a new S2k is $750 driveoff and $375 a month

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Old 07-14-2005 | 12:57 PM
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Originally Posted by steve c,Jul 12 2005, 11:28 PM
9 grand to take over and a residual that is 12-16k over the value of the car at the end of the lease -- and you have to live in Ohio. Not such a great deal.
how is the residual 12-16K too high when the average price on trader.com for 116 2001 911 Turbos is $80,646?

i searched for 2001's so as to be closely indicative of this 2002, one year hence.

of course, the other side of your post implies that you can get a 2001 right now - on average - for low 60's.

if so, hook a brotha' up.

agree about the ohio part.
Old 07-15-2005 | 09:49 AM
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Originally Posted by kitwetzler,Jul 14 2005, 10:33 AM
unfortunately a new S2k is $750 driveoff and $375 a month
yeah, I wish they would arrange a payment closer to mine. I currently pay $350... also, is that $375 WITH taxes? Because if it isn't then you are looking at >$400...

I can't believe it though, there are tons of s2ks listed there for >$420/month including some in the $500/month range.
Old 07-15-2005 | 10:11 AM
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how is the residual 12-16K too high when the average price on trader.com for 116 2001 911 Turbos is $80,646?
Miles. 50,000 miles is going to make the car very hard to sell -- we have already seen the 01's dip into the 60's with less miles and all of the turbos continue to depreciate rather quickly. Just a guess -- that's all.


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