![]() |
|
| Honda S2000 | S2000 Forums | S2000 Pictures |
|
|||||||
| Register | FAQ | Members List | Calendar | Search | Today's Posts | Mark Forums Read |
| New s2000.com Member Area / Introductions Are you new to S2000.com? WELCOME! Check in, tell us about yourself and your ride. |
![]() |
|
|
Thread Tools | Display Modes |
|
|
#1 (permalink) |
|
Resident Track Whore :)
Join Date: Nov 2006
Location: Chula Vista, CA
Posts: 1,040
|
Test drove an '07 Laguna Blue today
Well, I have 100k miles on my '01 Spa yellow and I have had to make a bunch of repairs in the last year that are making me think I need a new car. Today, I went to get a rental car because I have an issue with my S (I think it's a rear wheel bearing) and I drove right by a Honda dealership that I didn't know was near my house. I decided to stop in and there were 2 laguna blues, one outside, one inside. I took the one outside for a spin and it was nice. I want it, my wife wants me to get it, but I am hesitant because we already have a lot of credit card bills to pay and some other debt. We just sold her condo which alleviates almost $2k a month in extra mortgage, but I want to now put that extra towar the $30-some K in credit cards. Both of our cars are paid off. We also owe her parents about $80k that they took out of their retirement to help us buy our house a year ago. All the condo proceeds are going to them except about $5k.
My wife drives a huge Toyota Sequioa and it runs her $80 per fill for gas at least once per week, sometimes more if she goes anywhere other than work. She's thinking she'll drive the '01 while I drive the '07 and I can still take the '01 to the track when I get the bug. The conservative part of me is telling me to buy a cheap Toyota Corolla for her to drive and me keep driving the '01 until we get out from under the bills. Or maybe buy 2 cheap Corolla's for the price of 1 S2000 and REALLY save on gas. Ok...I'm looking for opinions here from all spectrums.
__________________
Vezna Financial Services - For mortgages, accounting and taxes, and phone service needs. http://www.vezna.com San Diego Car Club - http://www.sdcarclub.com |
|
|
|
|
|
#2 (permalink) |
|
Senior Member
Join Date: Apr 2007
Posts: 331
|
Maybe you could lease the Laguna blue with an option to buy later. I think Mikeys lease is around $325.00 a month. Afterall the S2000 is going away soon and I don't think you want to be left without one.
PS Will this possible bearing issue keep you from going on our drive this Saturday? |
|
|
|
|
|
#3 (permalink) |
|
Member
|
Isn't there a nice formula you plug all of the numbers into, and it will tell you the best course of action?
The rational for buying the new car is that the current one is starting to cost in repairs. But her current car has a high fuel cost. So to me, the deciding factor for her driving your car is if the cost of ownership for it is cheaper than the cost for her car. And does she want the S? Would you then keep the Sequoia? Do you do many daily miles? Maybe you should take the Sequoia, buy her an inexpensive car and keep the S as a weekend car. But heck, I am sure not a good role model for cars and keeping costs down. |
|
|
|
|
|
#4 (permalink) | |
|
Resident Track Whore :)
Join Date: Nov 2006
Location: Chula Vista, CA
Posts: 1,040
|
Quote:
They quoted a lease price of $299/month with $2400 down, but I forgot to ask for how many years it was for andI don't know what the standard is because I've never leased before. I drive about 20k miles per year, so me driving her Sequioa would be the worst thing to do. We would still keep the Sequioa for long road trips and also keep my current S for track days
__________________
Vezna Financial Services - For mortgages, accounting and taxes, and phone service needs. http://www.vezna.com San Diego Car Club - http://www.sdcarclub.com |
|
|
|
|
|
|
#5 (permalink) |
|
Senior Member
Join Date: Dec 2006
Location: Spring Lake Hts, NJ
Posts: 238
|
Say Vez, I don't think you're a candidate for leasing, not with 20k a yr worth of driving. I lease but I'm a 10k a yr on average.
However, $299 a mo. sounds like a great lease deal. I have one year to go on my present lease, then it's lease an 08 with option to buy in 3 years. I don't think I could live without an S in the garage ! PS: are there any Honda sales rep on this forum???
__________________
you've just entered a dimension of sight & sound and high Revs. You've entered the V-Tec Zone ! ![]() 2005 NFR - good bye ol' friend 2008 Laguna Blue - welcome to my garage ! My first car - 1956 Studebaker Hawk ! |
|
|
|
|
|
#6 (permalink) |
|
Senior Member
Join Date: Dec 2006
Location: Spring Lake Hts, NJ
Posts: 238
|
Forgot to ask how you liked the car in Laguna Blue?????
__________________
you've just entered a dimension of sight & sound and high Revs. You've entered the V-Tec Zone ! ![]() 2005 NFR - good bye ol' friend 2008 Laguna Blue - welcome to my garage ! My first car - 1956 Studebaker Hawk ! |
|
|
|
|
|
#7 (permalink) | |
|
Resident Track Whore :)
Join Date: Nov 2006
Location: Chula Vista, CA
Posts: 1,040
|
Quote:
I like it alot. I've already had a silverstone and a spa yellow. I don't want red or black and don't like suzuka blue. The leaves GPW or Laguna Blue. Blue has always been a favorite color of mine, just never had a car in it. I really want Imola Orange, but it isn't available to the States.
__________________
Vezna Financial Services - For mortgages, accounting and taxes, and phone service needs. http://www.vezna.com San Diego Car Club - http://www.sdcarclub.com |
|
|
|
|
|
|
#8 (permalink) |
|
Member
Join Date: Feb 2007
Posts: 40
|
But it! It is the fastest color you know.
|
|
|
|
|
|
#9 (permalink) |
|
Resident Track Whore :)
Join Date: Nov 2006
Location: Chula Vista, CA
Posts: 1,040
|
My wife just informed me that she made an executive decision to buy it and I said no. It's killing me to say no because I do want it, but there are higher priorities at the moment.
__________________
Vezna Financial Services - For mortgages, accounting and taxes, and phone service needs. http://www.vezna.com San Diego Car Club - http://www.sdcarclub.com |
|
|
|
|
|
#10 (permalink) |
|
Member
|
Wish I was in a position like that. She is still pissed about about my last car purchase.
|
|
|
|
|
|
#11 (permalink) |
|
Senior Member
Join Date: Dec 2006
Location: Spring Lake Hts, NJ
Posts: 238
|
Hey Vez, I admire you for your fortitude and saying, No!
Hang in there. Your reward will come!
__________________
you've just entered a dimension of sight & sound and high Revs. You've entered the V-Tec Zone ! ![]() 2005 NFR - good bye ol' friend 2008 Laguna Blue - welcome to my garage ! My first car - 1956 Studebaker Hawk ! |
|
|
|
|
|
#12 (permalink) | |
|
Resident Track Whore :)
Join Date: Nov 2006
Location: Chula Vista, CA
Posts: 1,040
|
Quote:
__________________
Vezna Financial Services - For mortgages, accounting and taxes, and phone service needs. http://www.vezna.com San Diego Car Club - http://www.sdcarclub.com |
|
|
|
|
|
|
#13 (permalink) |
|
Resident Track Whore :)
Join Date: Nov 2006
Location: Chula Vista, CA
Posts: 1,040
|
UGH...I just found a pristine silverstone '01 with a glass window and only 14k miles for sale for $17,500 about 5 miles from my house. I went and looked at it tonight. This is killing me!
__________________
Vezna Financial Services - For mortgages, accounting and taxes, and phone service needs. http://www.vezna.com San Diego Car Club - http://www.sdcarclub.com |
|
|
|
|
|
#14 (permalink) |
|
Member
|
That sounds nice.
If you are not going to do it.... Don't even look, cause the next thing you know, it will be too late. |
|
|
|
|
|
#15 (permalink) |
|
Senior Member
Join Date: Feb 2007
Posts: 286
|
Good Lord, Vez!! You're looking for practical advice from a bunch of roadster drivers?
That's kinda like goin' to Vegas to get sound financial advice! |
|
|
|
|
|
#16 (permalink) |
|
Resident Track Whore :)
Join Date: Nov 2006
Location: Chula Vista, CA
Posts: 1,040
|
Well, my car has been in the shop since last Thursday and it isn't finished yet. The good news is that the one guy said he definitely thinks it's the wheel bearing because it sounds dried up inside. The bad news is the Honda expert that they were going to have help them went on vacation this past weekend and they don't know when he is coming back. I'm driving a Kia rental car for $25/day and it is making long to drive an S again really quick.
I talk to my in-laws hopefully today or tomorrow and find out how I can spend their money or not. Hopefully to pay their taxes which would allow me to get a used car loan.
__________________
Vezna Financial Services - For mortgages, accounting and taxes, and phone service needs. http://www.vezna.com San Diego Car Club - http://www.sdcarclub.com |
|
|
|
|
|
#17 (permalink) |
|
Senior Member
Join Date: Dec 2006
Location: Spring Lake Hts, NJ
Posts: 238
|
We eagerly await some good news !
__________________
you've just entered a dimension of sight & sound and high Revs. You've entered the V-Tec Zone ! ![]() 2005 NFR - good bye ol' friend 2008 Laguna Blue - welcome to my garage ! My first car - 1956 Studebaker Hawk ! |
|
|
|
|
|
#18 (permalink) |
|
Resident Track Whore :)
Join Date: Nov 2006
Location: Chula Vista, CA
Posts: 1,040
|
They took off the hubs today and I took them to a shop to have the new bearings pressed in. They will be done tomorrow morning. Maybe they can finish up tomorrow and we'll see if that's what the problem was.
__________________
Vezna Financial Services - For mortgages, accounting and taxes, and phone service needs. http://www.vezna.com San Diego Car Club - http://www.sdcarclub.com |
|
|
|
|
|
#19 (permalink) |
|
"Enjoy the drive"
Join Date: Jul 2005
Location: Kuna Idaho
Posts: 2,428
|
I love the new Laguna color, it's by far my favorite color. As for whether you should buy it or not, I know I would be VERY upset if someone owned my $80,000 and went and bought a new car before I was paid off.
__________________
Happiness is a nice road, great weather, and driving the S with Sue in the seat next to me. "Whatever you do, where ever you go, enjoy the drive." I know for a FACT that the last year of production of the S2000 is 2003!!!!! After that, it will be the S2200 under an assumed name. |
|
|
|
|
|
#20 (permalink) |
|
Resident Track Whore :)
Join Date: Nov 2006
Location: Chula Vista, CA
Posts: 1,040
|
Well, I do have half of the money to give to them right now.
__________________
Vezna Financial Services - For mortgages, accounting and taxes, and phone service needs. http://www.vezna.com San Diego Car Club - http://www.sdcarclub.com |
|
|
|
|
|
#21 (permalink) |
|
Resident Track Whore :)
Join Date: Nov 2006
Location: Chula Vista, CA
Posts: 1,040
|
Got a call from the machine shop this morning. One of my hubs is shot, so I had to order a new one. I bet that was the problem.
Talked to the in-laws last night and got some good news. Not only do I not need to give them all the cash right now, but I am working on a complete re-finance for their house to pay off every debt they have. Also, they asked us if we wanted to split a payment on some nice property in Texas. So, it looks like I'll be buying some property instead of an S for right now. The house is gorgeous, 5 bedrooms for $216k. So, that means 2 loan apps and they only asked for a couple of $G's to hold them over until the re-fi and the rest I can put towards their taxes.
__________________
Vezna Financial Services - For mortgages, accounting and taxes, and phone service needs. http://www.vezna.com San Diego Car Club - http://www.sdcarclub.com |
|
|
|
|
|
#22 (permalink) |
|
Member
|
What part of Texas?
We have a couple of houses there, out in the Hill Country near Fredricksburg. |
|
|
|
|
|
#23 (permalink) |
|
Resident Track Whore :)
Join Date: Nov 2006
Location: Chula Vista, CA
Posts: 1,040
|
It's called Frisco Ranch and it is in Little Elm, TX, near Plano. The zip code is 75068. The houses are not yet built.
__________________
Vezna Financial Services - For mortgages, accounting and taxes, and phone service needs. http://www.vezna.com San Diego Car Club - http://www.sdcarclub.com |
|
|
|
|
|
#24 (permalink) |
|
Senior Member
Join Date: Dec 2006
Location: Spring Lake Hts, NJ
Posts: 238
|
Say Vez, you have some pretty neat in-laws!
If that house was in NJ it'd go for 4 times that amount !!!
__________________
you've just entered a dimension of sight & sound and high Revs. You've entered the V-Tec Zone ! ![]() 2005 NFR - good bye ol' friend 2008 Laguna Blue - welcome to my garage ! My first car - 1956 Studebaker Hawk ! |
|
|
|
|
|
#25 (permalink) | |
|
Resident Track Whore :)
Join Date: Nov 2006
Location: Chula Vista, CA
Posts: 1,040
|
Quote:
I know what you mean about housing prices. The house would probably be $1M+ out here in San Diego.
__________________
Vezna Financial Services - For mortgages, accounting and taxes, and phone service needs. http://www.vezna.com San Diego Car Club - http://www.sdcarclub.com |
|
|
|
|
|
|
#26 (permalink) | |
|
Member
Join Date: Feb 2007
Posts: 54
|
Quote:
|