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Old 07-10-2007, 03:27 PM   #1
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Quote:
Originally Posted by bmussatti
How do you "trade in" a leased car for another leased car? Sounds like losing money twice.

What about the mods you did?
That's because Daddy is helping him get it. Ask him how old he is and what he does for a living. Sorry, no offence Bavarian.
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Old 07-10-2007, 04:08 PM   #2
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Quote:
Originally Posted by porsche986spyder
That's because Daddy is helping him get it. Ask him how old he is and what he does for a living. Sorry, no offence Bavarian.


I'm sorry, but... how do you know this?


I have my own web development company that is a partnership with my two friends. It is a registered partnership in Nassau county. www.activtecsolutions.com

What do you do?


Hey, I have an idea! Why don't we all mind our personal business instead of caring about others' so as to not look like an ass wipe? Oh, how well that works...


----------------------------------------------



Bmussatti:

When you get rid of a lease, you are liable for the entire lease. So if I have 30months left and pay 500 a month, I am liable for $15k to get rid of the lease.


That would mean I'm losing $15k if I did that...but those are example #s.



So in this instance, I decided to buy the entire car. That means remaining lease payments plus remaining value of vehicle, and trade it in. That would be substantially less than what is left on the lease.. In this case, around $4k difference, which is likely what I would have to pay anyhow due to high mileage.


The bad part is you have to pay sales tax again. The GOOD news is that I don't have to pay sales tax on the car I am trading it for.


However, I'm not dealing with that part. I give it to the dealer with the pay-off amount and tell them to have fun. That's the great thing about dealers. They do the annoying stuff.




They only valued my car at around $35k. In NC they valued it at $38k.
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Last edited by Bavarian Motorist; 07-10-2007 at 04:10 PM.
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Old 07-10-2007, 04:47 PM   #3
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Nice choice. If I could fit in one, I'd do the same.

I saw one at the body shop where I got my conversion done...

Those tires look mean.
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Old 07-10-2007, 05:10 PM   #4
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Traded my Elise for a Box.

A couple of tips:

1) Wash the car with the nose pointing DOWN the driveway! Or lots of water will pool in the rear trunk.

2) Make sure you get some kind of paint protection like the 3M clear stuff. After ten minutes of driving the car will be specked with paint chips especially on the rear quarters from rocks from the front wheels.

3) The heat and AC suck so top off motoring on some of the cooler days will be out. Get handy with putting on the top quickly as it can be a pain in the ass in an unexpected downpour.

4) Be prepared to ALWAYS keep the car above 6500 rpm as the car seems to go nowhere under this. But once over 6500...watch out!!!!

5) Because it is a true track car you will hear EVERYTHING rattling and snapping and shaking, and you will FEEL everything. No...the car is not falling apart...it just sounds/feels like it.

Thats all I can think of now since having mine for just over a year. I had expected to use it as a car for the street and never on the track. Unfortunately I was dissapointed since I could never fully use the car as intended. Although the COOL factor was definitely there! Good luck and congrats!
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Old 07-10-2007, 05:25 PM   #5
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I have my own web development company that is a partnership with my two friends. It is a registered partnership in Nassau county. www.activtecsolutions.com

lol, it looks like someone needs to help you out with your own website
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Old 07-11-2007, 04:47 AM   #6
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Quote:
Originally Posted by xclusivecar
Traded my Elise for a Box.

A couple of tips:

1) Wash the car with the nose pointing DOWN the driveway! Or lots of water will pool in the rear trunk.

2) Make sure you get some kind of paint protection like the 3M clear stuff. After ten minutes of driving the car will be specked with paint chips especially on the rear quarters from rocks from the front wheels.

3) The heat and AC suck so top off motoring on some of the cooler days will be out. Get handy with putting on the top quickly as it can be a pain in the ass in an unexpected downpour.

4) Be prepared to ALWAYS keep the car above 6500 rpm as the car seems to go nowhere under this. But once over 6500...watch out!!!!

5) Because it is a true track car you will hear EVERYTHING rattling and snapping and shaking, and you will FEEL everything. No...the car is not falling apart...it just sounds/feels like it.

Thats all I can think of now since having mine for just over a year. I had expected to use it as a car for the street and never on the track. Unfortunately I was dissapointed since I could never fully use the car as intended. Although the COOL factor was definitely there! Good luck and congrats!

Thanks for the tips. This example does have the starshield.



I have to be extra careful about how I drive it, how I park it, how I go over bumps, etc. I realize this and accept it fully.
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Old 07-11-2007, 07:36 AM   #7
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Quote:

"That's because Daddy is helping him get it. Ask him how old he is and what he does for a living. Sorry, no offence Bavarian. "

Originally Posted by porsche986spyder




I'm sorry, but... how do you know this?


I have my own web development company that is a partnership with my two friends. It is a registered partnership in Nassau county. www.activtecsolutions.com

What do you do?


Hey, I have an idea! Why don't we all mind our personal business instead of caring about others' so as to not look like an ass wipe? Oh, how well that works...
End Quote:

There is no need for name calling. Your right, but I was only making an observation. your profile says you are under 21 and you did not list any type of occupation. I'm a Senoir Art Director for a well known Nascar sponsor. Let me know if you want some help with that web site. You also mentioned that your dad was going to take the car off your hands until next year if you opted for an 08 Lotus, which led me to believe he was taking over your payments since you said that you were leasing the Boxster. I could only guess that the lease agreement does not end until some time next year.
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Old 07-11-2007, 08:54 AM   #8
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Quote:
Originally Posted by porsche986spyder
Quote:

"That's because Daddy is helping him get it. Ask him how old he is and what he does for a living. Sorry, no offence Bavarian. "

Originally Posted by porsche986spyder




I'm sorry, but... how do you know this?


I have my own web development company that is a partnership with my two friends. It is a registered partnership in Nassau county. www.activtecsolutions.com

What do you do?


Hey, I have an idea! Why don't we all mind our personal business instead of caring about others' so as to not look like an ass wipe? Oh, how well that works...
End Quote:

There is no need for name calling. Your right, but I was only making an observation. your profile says you are under 21 and you did not list any type of occupation. I'm a Senoir Art Director for a well known Nascar sponsor. Let me know if you want some help with that web site. You also mentioned that your dad was going to take the car off your hands until next year if you opted for an 08 Lotus, which led me to believe he was taking over your payments since you said that you were leasing the Boxster. I could only guess that the lease agreement does not end until some time next year.


1) I appreciate being asked as opposed to being accused


2) If you must know, my parents do help. That doesn't mean I don't do anything at all, which is what got me.


3) Why would I need help with my website? My programming expertise are far and beyond any of the lousy web-dev companies I've seen.
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