Hello everyone,

I've had my ES about a year now and the car has been up on swapalease for about 6 months and even after offering $1000 incentive. Someone will write back saying how Lexus is offering the same car for cheaper at the local dealership.

The reason I want to return is that I was always in something sporty and the ES has no mojo whatsoever. If I just wanted to get from A-B I could sit in any other non-luxury Japanese car.

Has anyone traded their leases in a year or 2 early? My dealer rep is just beating around the bush and not giving me a proper quote through emails. He keep trying to sell me another Lexus. How can I go about this?

 

Kind of ironic, huh? LINK

This is the reason you should take your time and really get a feel for a vehicle, prior to making a long term commitment. Good luck, but you may want to either cut your losses, or mod it to somehow change its driving dynamics.

 

If you turn in your lease too early (1-2 years), they will just roll remaining payments into your next car. You might have to wait until the 6 months range to escape the lease without too much pain. Your dealer rep is trying to get you into another Lexus because sometimes Lexus will help with a few payments if you buy/lease a new one. Other car makes will also take your car back early, but expect to see higher payments.

Are you interested in getting another Lexus?

 

I was offered to trade in my ES for a GS after having an ES for a little over a year. All the terms remained the same and the months remaining continued as if I kept the ES.

One of the cheapest ways to get out of the lease early is to get another Lexus. They will be more willing to negotiate to keep your business.

 

After speaking to the dealer. If I trade it in for another Lexus, it will be about negative $8k which is difference between current value vs buyout. If I just simply walk away with no trade ins it'll be around $11500 which is the total payments owed and an additional charge of wear and tear etc.

Maybe try another dealer?

 

I would really prefer to get a BMW or Audi this time. Also depends if I have to pay alot less for trade in, I'd get a GS.

 

I sel cars and it's not the dealer it's the market. I don't know your current payments but it sounds like you got the car at the time when the leases were higher. If you hate it that much and cannot wait then dish out the $8k and walk into a new vehicle.

 

That's true.

 

You're gonna get killed...best to just ride it out a while and get closer to the end.

 

Log in to Lexus Financial and click on "Payoff Information". When that figure approaches the actual current value of your car, you should be able to get a dealer to buy it out as a trade in when you buy a new car. Lexus tend to have good resale value, so in THEORY, you will reach this point sooner than with some other cars. This assumes you didn't overpay for the car in the first place. IF you worked out a really good lease you may be able to pull this off starting at around 18 months or less left on the lease but it will not be easy.
That all being said, my advice is just ride it out. It will be an easy trade when you have 6 months or less left.

 

The dealer told me to keep my ES 350 until the 2 year mark (June 2016) to get a better deal on a GS. I want a sportier car also. I hate front wheel drive and the brakes suck. If I can't get a GS, I am interested in the Audi A6.

 

Dont I know you from the G37 forums?