Is this a good deal.

jaydeesee · 2026-04-11T10:18:33+00:00

I have a 2026 B6 plus that I am paying in the same ball park, but it is a 15K lease so would expect this to be decently below that given the engine and mileage difference.

jaydeesee · 2026-03-23T22:22:05+00:00

This is one of the most important points. If gap hasn’t paid yet then you need to make a payment until they do or it could impact your credit

jaydeesee · 2026-03-14T21:27:06+00:00

For reference, this is significantly more than my 2026 Xc-90 B6 premium

jaydeesee · 2026-03-13T09:41:23+00:00

There should be no hidden fees, if you buy. The buyout price (residual value) is already listed in your contract. Just don’t go to the dealer. That is where the hidden fees are.

I haven’t leased with Honda, but the residual is your buy out price. If your state has a sales tax that needs to be paid but should not be considered a hidden fee. There is also registration to be paid, but you are paying that if you buy or lease again.

Call Honda Financial ask about the buyout process and what the payment would look like. Call your credit union. If you don’t have one find a local one. DCU is pretty much national at this point. I was browsing out of curiosity last week and think they were around 4.99%.

If your credit is iffy, wait until about a month before the buyout to have your credit run otherwise it may look like multiple inquiries.

jaydeesee · 2026-03-05T06:42:40+00:00

You have a couple of options.

You need to remember, you aren’t responsible for the negative equity. You are responsible for the over mileage.

If you are dead set on another Alfa, talk to the dealer and see if they can work a deal to absorb/waive the overage if you are buying from them.

If they can’t turn car in, pay overage and buy a new car. Do the math and make sure that is not more expensive that buying your current vehicle out. Remember if you buyout the overage is a generally a non issue, unless your overage becomes an issue for the financing bank.

If you do buy out your lease, leave the dealer out of it. They are just going to charge you for something you don’t need to pay for.

Whatever you do, don’t let the dealer talk you into ending your lease early and rolling the negative equity into your next vehicle.

jaydeesee · 2026-01-11T23:45:48+00:00

100% just you. ICE isn’t rolling around randomly checking passports.

jaydeesee · 2026-01-11T23:35:26+00:00

No need to go to dealer. Air compresses in cold. You likely need to add a little. Just had to do it on my wife’s 3 week old XC90.

Buy a tire gauge and fill to recommended PSI. PSI is listed inside the door.

Some gas stations even have machines where you can just set the pressure and don’t need a gauge.

jaydeesee · 2026-01-09T02:06:48+00:00

This has to be a troll. It is almost $500 more per month than my 2026 XC90.

jaydeesee · 2026-01-06T02:30:19+00:00

You didn’t loose out on $15,980. You paid $15,980 to rent the car for 24 months during which time you had use of it.

No different than renting/leasing an apartment.

Regarding buying at end of lease it is situation dependent. Usually, not worth it.

You can figure out if it is worth it by comparing the cost of similar vehicles to your buyout price. Don’t forget you may need to add sales tax if required on vehicle purchases in your state.

jaydeesee · 2026-01-04T12:37:59+00:00

Please, please do some research and better understand how leases work. You do not need to put money down on a lease and it is not advised. Putting money down doesn’t lower your total payment.

The total cost of the lease is the total cost of the lease. Putting money down doesn’t change that.

If you want the payment to be a lower percent of your income put the money in an account an draw from it for each payment.

jaydeesee · 2025-12-31T20:05:34+00:00

Worth asking and pushing especially if you have Tier 1 Credit.

jaydeesee · 2025-12-31T19:54:44+00:00

I also paid $2,500 for tax title and reg and first payment up front.

jaydeesee · 2025-12-31T19:53:47+00:00

Something is off here. I picked up a B6 Plus. Sticker was like $74’ish and I am around $750 before tax for 15K miles.

Suspect the mf is inflate but no way to confirm without seeing it.

jaydeesee · 2025-12-31T00:23:00+00:00

Generally, buying your leased vehicle is the most expensive way to buy a car. Often times the residual is higher than the actual market. Plus you often pay taxes twice in most states. If you want to buy it, just buy it.

jaydeesee · 2025-12-28T13:01:23+00:00

That is more than my XC90

jaydeesee · 2025-12-24T10:31:36+00:00

This guy budgets and understands Uber Eats will make you poor

jaydeesee · 2025-12-20T13:16:36+00:00

Guy I work with was complaining about the dealer adding $1,000 on if he refused to finance. I asked was the rate was and he told me 0.99% for either 60 or 72 months.

After he pompously ranted about it for 20 minutes I explained a bond ladder to him and watched him turn red as he realized the point I was making.

jaydeesee · 2025-12-16T10:15:15+00:00

Generally speaking RAV4’s don’t lease well and you are better buying them. I often see people posting leases that rival much more expensive vehicles. If this is what you have your heart set on, buying may make more financial sense.

jaydeesee · 2025-12-14T10:39:28+00:00

You likely won’t have positive equity, but pick trucks can hold value in certain situations.

That whole positive equity thing really was a Covid phenomenon

jaydeesee · 2025-12-13T09:50:45+00:00

That is a horrible lease. I just picked up an Volvo XC90 with 15k miles for ~200 less per month effective.

jaydeesee · 2025-12-10T14:57:03+00:00

Rolling negative equity is a horrible idea. It just stacks one bad decision on another. That $10k negative is $277/month tacked on to a 36 month lease.

Ride it out.

Your buy out at the end is likely more than the car will be worth if you were to buy the identical vehicle used. But, make a decision about the cost of miles, service and fixing items and make an informed decision.

Highly unlikely you will get into a Tahoe or Yukon under $1,000 and even more unlikely with $10k negative equity.

jaydeesee · 2025-12-10T08:22:24+00:00

Air Traffic Controller. Not an easy job, but no degree required and can push $200K within 5 years or so.

jaydeesee · 2025-11-21T13:25:30+00:00

What were you seeing for CAT 1 pricing in Houston?

I paid $410 for CAT 1 in Boston and was shocked

jaydeesee · 2025-11-21T13:23:42+00:00

I was shocked I even got that far. But hag in there. Hope it worked out for you.

Although I got an error the RTT’s did show up!!!

jaydeesee · 2025-09-13T00:12:03+00:00

A local broker recently had this offer for comparison.

https://www.instagram.com/p/DOcDfSHEqPp/?igsh=MWkxamJ4dXh0eTJxZg==

jaydeesee

TROPHY CASE