LexLuthors

Not sure if everyone knows about this already but you can now lease a CPO Lexus up to 5 years old. Yup it does not have to be a current model year. I guess they just rolled this out like a month ago. You can find some great deals and you also get an automatic 15,000 miles a year which is awesome. Just an Fyi to those who did not know about this and are in the market for a Lexus.

SW17LS

How do the lease rates compare to new? They used to do this, but the rates were terrible and you really didn't save any money vs leasing new.

ItzFilyO

And what about the warranty?

SW17LS

If it's CPO then you get the CPO warranty.

LexLuthors

Well it all depends on the price of the car you'd be looking at and your credit. I just leased a 2013 GS 350 for $289 a month. I was paying the same thing for a 2009 ES 350 so I said what the heck, I'm going for the GS!

LexLuthors

Warranty is great, 3 year or 100,000 miles (which ever comes first) Bumper to Bumper. The Lexus Dealership I went to even through in a wheel and tire warranty. So if I ever get a flat or damage the rims they will repair them up to $7,500 credit.

ItzFilyO

Oh that's even better than a new car warranty!

rxonmymind

Hmm. that does sound good. She's looking for a four door.

LI Lexus

the car MUST be CPO for LFS to lease it.

In order for the car to lease out well it MUST be low mile, otherwise the residual kills you

The MF is same for CPO lease or NEW.

With the CPO lease does not offer options.. It is 36 month 15K per

AJLex19

They had this CPO lease program happening when I purchased my '13 CPO GS350 back in April. The details at the dealership (at that time) were as follows:

Any CPO '13 GS350
$389/month for 36months
$1875 due at signing
15k mileage restriction

They had cars with really low mileage (under 20k miles) and higher mileage cars around 45k miles. I considered it but bought my car instead as I plan to keep it for a while (6-10 years).

Current Offer: http://lexusofmtkisco.com/Specials/P...Lease-Specials

LexLuthors

Yeah there is not a set rate on the GS350's or any of the other cars. You can Lease any model that is up to 5 years old now. They do still have the 15k mile restriction, but that worked out in my favor.

rominl

iTrader: (4)

this is a huge indication on a switch in direction lexus is taking. they now see the big values in leasing

MEAHT

iTrader: (1)

Not going to lie this is very tempting. Hopefully I can do this in 2 years with a GS-F-
F Yea

AJLex19

Yes that would be awesome - the only thing was that they currently won't lease you any f-sport '13 models with those parameters. It had to be non-f sport models - not sure if it was just my dealership trying to get their premium '13 models out their inventory.

theanimala

My local dealer has 2 2013 GS350s with a 3 year, $499 lease with 15K miles. Stupid deal. Lexus national has a lease offer for the 2015 GS350 for $409 a month. Only difference is 10K miles for the FY15 vs 15K miles for the FY13. I don't expect to see too many people leasing the older ones...