should I buy my friend Accord coupe she has a 2005 Honda accord Coupe EX-L. has everything she wants to sell becuase she is leasing it and she is way over her milage, the book is $19995. how much should I pay her?
2006-07-17 17:50:21 · 6 answers · asked by Anonymous in Cars & Transportation ➔ Car Makes ➔ Honda
Don't buy a friend's car. It will destroy the friendship. If the car breaks down, you will blame her. If it doesn't break down, she will think you were cheap no matter what you paid.
2006-07-17 17:56:51 · answer #1 · answered by Superstar 5 · 1⤊ 0⤋
Personally, I wouldn't buy a car like that from a friend. If you're gonna lease, then get a brand new car that you want. Leasing is usually only good if you can write it off as a business expense and you don't drive over the mileage limit. Other than that... I wouldn't recommend it. If you are going to buy it then she should sell it to you for less than the KBB value.
2006-07-18 04:33:32 · answer #2 · answered by BrownTown 5 · 0⤊ 0⤋
leasing can double the price of a car. depends on the dealer. some are complete jerks. when you bring the car back they go over the outside looking for blemish. then they put it on the diagnostics and up on the lift... then the leaser owner can refinance!!! and own the car!!!!!
i've had it that way. and i've just dropped the key off and walked back to my ride waiting for me.
so, it's hard to say. the dealer may be ready to make that car a true load and she would have to assume say $5,000 to let you have it at the book price.
2006-07-17 18:00:07 · answer #3 · answered by Anonymous · 0⤊ 0⤋
first, NEVER buy a honda. second, NEVER lease ANYTHING. leasing is the biggest ripoff on earth. you pay and pay and then have to give the car back...you could be paying car payments then when you're done, sell the car and get part of your money back instead of none.
2006-07-17 18:05:28 · answer #4 · answered by Anonymous · 0⤊ 0⤋
in many circumstances it is not significant. you basically pay the residual cost quoted in the employ contract. yet, no longer all leases provide you the alternative of procuring for the vehicle on the top of the employ so which you may desire to study your brothers contract. additionally, in many circumstances it is not a solid thought. while a employ is backed via a vehicle producer they now and back improve the residual value so as that they are able to promote decrease employ money, yet on the top of the employ the vehicle isn't well worth something on the factor of the buyout cost.
2016-10-08 01:11:16 · answer #5 · answered by grumney 4 · 0⤊ 0⤋
just go to a good bank (shop around first) and get a loan to buy the car all at once, the intrest rates are way lower at most banx than they are at dealers and leasing rates.
2006-07-18 14:27:45 · answer #6 · answered by barneys_assasin 4 · 0⤊ 0⤋