I would buy a lease, but I would take my time and look at many cars before I made my purchase.
Would you purchased an off lease vehicle
- Thread starter Jeepster_nut
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Just did- an '04 SAAB Arc wagon, CPO car, super clean, still got new smell, 21K, remainder of 6/100 factory warranty, at about half the price of a new car. The warranty was the clincher. Carfax & maintenance records were clean (very important to use only specified synthetic in this turbocharged engine).
Although I haven't done this yet, I think that this is a great way to get into a very nice vehicle. But, you have to do your homework and feel good about your decision.
I bought a 2000 Olds Intrigue, it wasnt even a year old and had 26000 miles, it was Hertz rental car and I bought from a Oldsmobile dealer. The car was great, I ran it 100000 miles, i had to put front hubs in about 90000 otherwise it was trouble free. I got it for about 1/2 the price of new because of the mileage and the warranty was only 3/36000. I would buy another rental car/program car. It all depends on the model though, I wouldnt buy a Mustang or Camaro or a economy car, the wrong types of people rent/lease these. I would buy a higher end car such as Cadillac, Lincoln, crown Vic or even a Caravan, mostly these are driven by older mature people or families.
My 9-5 was an off lease vehicle and once I corrected the factory's problems, it's been a wonderful car.
As for the CR-V, go for it. I've got a 2002 AWD auto that I have gotten 81k trouble-free miles out of. I refuse to let my wife trade it in and will pay full price for the Odyssey she wants if it means keeping the V. It's been THAT GOOD.
PS: Rico, glad to see the hysteria finally rub off on you!
As for the CR-V, go for it. I've got a 2002 AWD auto that I have gotten 81k trouble-free miles out of. I refuse to let my wife trade it in and will pay full price for the Odyssey she wants if it means keeping the V. It's been THAT GOOD.
PS: Rico, glad to see the hysteria finally rub off on you!
New Element starts at $15k.
I would have no problem with a Honda Certified car reliability wise.
My problem with most late model used cars with a high resale value is that they are just too darn high. When you take the sale price you can get on a new one, less depreciation for the mileage and years on the used one, it just doesn't look like much of a deal.
Most 3 year old Honda's in my area are within 3 grand of what you can buy a new one for on sale. No way!
My problem with most late model used cars with a high resale value is that they are just too darn high. When you take the sale price you can get on a new one, less depreciation for the mileage and years on the used one, it just doesn't look like much of a deal.
Most 3 year old Honda's in my area are within 3 grand of what you can buy a new one for on sale. No way!
I say go for it. Give the car a good once over and be done with it. At work, with an entire leased fleet now, my only checks would be looking in the nooks and crannies of the interior to weed out the dirty drivers from those who keep the interior clean, maintanence wise, no one is discouraged from having serving done on the vehicle, it just comes down to how good a condition the interior is in. After that, its a (dice) shoot (why's the alternate word censored?) for getting a vehicle that has its own inherent problems that you risk with ANY vehicle you purchase and has no bearing what so ever on the fact that it was a lease vehicle. FWIW, I drive my company truck a lot gentler than my own.
Alex.
Alex.
I agree completely. I notice that all the time on used Hondas. They're a great buy, but you'd still almost be better off just getting new.
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