Thread: OT: Automobile Questions
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05-16-2013, 05:39 PM
  #664
DJyellow
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Quote:
Originally Posted by coolasprICE View Post
not an expert but I'm assuming you are in a lease or finance. You're at the point when you might churn with an other maker, and by breaking the contract early you are effectively returning a car that has more value now than at its expiration, so they'll resell it at a higher price while locking you in for x more amount of time.

Prices haven't gone up maybe (if I'm not mistaken, maybe new civics are cheaper now?) so you might want double check if your payments (assuming you have montly payments) are still aligned with current market prices.

I think Kia and others are really stealing market share of their loyal honda drivers. This is good news for the consumer and prices.
thanks. your explanation makes sense. I'm currently financing at 0,9% with 2 years left.

The new model is comparable to the price in 2010.. maybe slightly lower. Was not looking for a new car, but I'll check it out out of curiosity

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