Reply to Leased 2018 CRV.....

Forum Index » Cars and Transportation

Reply to "Leased 2018 CRV....."

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]Usually lease payments are much lower than car payments[/quote]

Yeah but in this case, OP would be taking out a fresh loan on a car that has already had 3 years of depreciation, so the monthly loan payments should be lower than initiating a lease on a brand new car.

OP as long as you like the car, I would buy it out at the pre-agreed-upon buyout amount on your lease contract that you signed 3 years ago. Given current market conditions you'll pay far less than if you were to go buy a comparable used car today. For example, this 2018 CR-V with 22,000 miles on it is listed at $24,495 so I would consider your car to be worth in the ballpark of ~21 - 25k depending upon trim level, options and condition: https://www.cargurus.com/Cars/inventorylisting/viewDetailsFilterViewInventoryListing.action?zip=20001&showNegotiable=true&sortDir=ASC&sourceContext=carGurusHomePageModel&distance=150&entitySelectingHelper.selectedEntity2=c27243&sortType=DEAL_SCORE&entitySelectingHelper.selectedEntity=c27243#listing=302446479_isFeatured[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics