Re-leasing my 05 Pilot

I like the 2005 Pilot we've leased for the past 35 months, and am thinking
about extending, or re-leasing it in late January.

I know it's one of the end-of-lease options, but I haven't asked Honda about
it yet.

Anyone know how they calculate the new payments if I decide to keep it for
another 24 months..?

(Please don't suggest that I buy it. I don't want to do that.)

 

Yer an idiot.

 

Rather re-re-re-lease it beyond the point that the lessor has
depreciated the asset to nada.

 

Waiving the right to remain silent, "Elmo P. Shagnasty"

Yer a nym-monkey.

 

Yer a nym-monkey.[/QUOTE]

Yer still an idiot.

Just buy the thing, and when you're finished, sell it.

You plainly have no idea how to handle your finances.

 

Buying out the lease makes sense if the buyout equals or betters the trade
value of the car. If you must lease, you may get a better deal on a new one
given the deals I have seen on the Honda site.

 

Yer still an idiot.

Just buy the thing, and when you're finished, sell it.

You plainly have no idea how to handle your finances.
[/QUOTE]



I can never understand why anyone would lease a car unless it provides a
suitable business deduction on taxes. Personal leasing has to be an all
time act of stupidity.

But, ya gotta 'member dat most o' da masses r comprised of sheeple,
creatures that are easily led to the abyss...

JT

 

Waiving the right to remain silent, Grumpy AuContraire

If it'll answer the question of you and the nym-monkey asshole, I'm self-
employed. I've leased since 1982, and it works for me.

Now... Does anyone have a reasonable answer to my question, or is everyone
just going to beat their chests about how ownership makes them proud..?

 

The answer to your question is to fucking ask Honda, dimwit. How can
anyone else tell you "what your payments will be", except them?
Regardless of what the payment is, it's the worst possible solution you
could take.

It's not pride, it's more amazement at your stupidity.

 

get off your high horse. if you're self employed, you can write off
100% of your vehicle lease costs - you can't write off 100% of your
purchase costs. simple economics.

 

Section 179 and depreciation?

Or perhaps the asset doesn't meet the "business use" test?

 

I had already explained that, but you've missed it.

What part of "being self-employed and leasing since 1982 working for me" do
you fail to understand..?

 

"But, I can get MORE car with the SAME money!" you hear them cry.

 

Owning a depreciating asset because it's necessary in today's world
doesn't make me proud. It kind of pisses me off.

Leasing pisses me off more, though.

 

What part of "being self-employed and leasing since 1982 working for me" do
you fail to understand..?[/QUOTE]

"It works for me" is the answer given by someone who has no clue, has
never looked into it, and who sticks his head in the sand with his
fingers over his ears shouting "la-la-la-la" when any information about
it starts to come his way.

 

It depends. It's cheaper than buying a new car every two or three years
in at least some cases. Plus, for some people, there are great tax
deductions. For the vast majority of people, buying a car is cheaper
than leasing. And, buying a good used car (perhaps one off lease) is
cheaper than buying a new car.

Of course, that comes from someone who spends more time on railroad cars
than in automobiles, and, when in an automobile, it is usually one that
is over 11 years old (bought new).

Jeff

 

It depends. It's cheaper than buying a new car every two or three years
in at least some cases.[/QUOTE]

No, it's not.

The costs are merely distributed differently--and, in most cases,
completely hidden from the gullible guy who WANTS to believe that it's
"cheaper".

 

Hi,
If your method of keeping a set of wheel is by leasing, then return it
and lease a new one to have minimum need for maintenance. My way of
keeping a car is buy new with cash(best leverage making deals), keep and
run the car in OEM condition doing most maintenace myself. By the time I
need another car, I will have enought cash saved for another purchase.

 

U've been leasing cars for more than 20 years so you should know how to
answer your own question...especially if you are self employed

Good luck!

 

Proof positive that he has no idea how to handle his finances or what
makes sense.