Rate my Lease for 2014 GS350 F-Sport Fully Loaded
09-29-14 | 11:47 AM
#16
Driver
Joined: Mar 2009
Posts: 157
Likes: 5
From: TN
Thats worth about $300 and thats if you had it done at Lexus. At my independent, thats about $180.
1. The MF is the MF, there are not different MF's depending on west coast vs east coast. So if you were told that by your dealer, he inflated the MF and then had you buy it back down (VERY common). In any event it still makes your statement that his deal is "lukewarm" based on your deal unfair because your deals cannot be compared. Yours is a different term, different price car, and you paid down the MF with 8 MSDs. Not comparable.
2. I would not automatically get the lowest term, it depends on the deal. If the 27 month lease were cheaper, I'd get that, but in many cases its not. Lexus has some special 27 month leases out there now but when I leased mine 36 was the best deal. I've always leased for 36 months, and I'm comfortable with that. You can always trade out, and for me the 2016 GS will be out about 3 months before my lease ends, had my 2013 lease been 27 months I'd have been short before the new model.
My point about 27 months vs 36 months wasn't to say one was necessarily, just to point out they are different.
Big reason? Because you had to put out 8 MSDs at a cost of at least $4,000 to buy down a dealer inflated MF and he didn't.
1. The MF is the MF, there are not different MF's depending on west coast vs east coast. So if you were told that by your dealer, he inflated the MF and then had you buy it back down (VERY common). In any event it still makes your statement that his deal is "lukewarm" based on your deal unfair because your deals cannot be compared. Yours is a different term, different price car, and you paid down the MF with 8 MSDs. Not comparable.
2. I would not automatically get the lowest term, it depends on the deal. If the 27 month lease were cheaper, I'd get that, but in many cases its not. Lexus has some special 27 month leases out there now but when I leased mine 36 was the best deal. I've always leased for 36 months, and I'm comfortable with that. You can always trade out, and for me the 2016 GS will be out about 3 months before my lease ends, had my 2013 lease been 27 months I'd have been short before the new model.
My point about 27 months vs 36 months wasn't to say one was necessarily, just to point out they are different.
Big reason? Because you had to put out 8 MSDs at a cost of at least $4,000 to buy down a dealer inflated MF and he didn't.
Well said
09-29-14 | 12:21 PM
#17
Moderator
Joined: Oct 2011
Posts: 2,994
Likes: 98
From: US
RV, MF, MP, and term look real good to me.
U have no negative equity so there is no reason to put money up front. I had ~$5K neg equity and still got zero down.
09-29-14 | 05:52 PM
#19
Pole Position
Joined: Jul 2007
Posts: 299
Likes: 1
From: .
You always get the lowest term possible in a lease. After 2 years you will be bored of the car and will want to get a new one. Why would you want to be stuck in a 3 year lease befuddles me. I have more options on my car and the service is included for my whole lease and I am stuck with it only for 27 months how can OP's deal be better then mines?
OP, I second what another post mentioned, try to get the deal without a down payment. Otherwise you have some pretty good numbers in my opinion, especially with 15k miles/year.
09-29-14 | 06:55 PM
#20
Lexus Champion
Joined: Nov 2013
Posts: 12,559
Likes: 1,630
From: WA
I tend to avoid 27 month leases, as I'd have to pay 3 years worth of license tabs/plates for just over 2 years worth of possession. It varies by state, of course, but here they're fairly expensive.
10-03-14 | 11:10 AM
#21
Thread Starter
Driver School Candidate
Joined: Sep 2014
Posts: 4
Likes: 0
From: CA
Without the down payment, my payment would be much higher. But I will try to see if they will agree.
10-03-14 | 12:57 PM
#22
Lexus Fanatic
Joined: May 2012
Posts: 58,074
Likes: 2,785
From: Maryland
Just remember that all putting money down on the lease does is reduce the payments by that amount of money divided by the term of the lease. So the most the $1,200 could increase the cost of the lease is $33 a month.
I would tell them same payment, $0 drive off and I bet they do it.
I would tell them same payment, $0 drive off and I bet they do it.
10-03-14 | 01:32 PM
#23
Driver School Candidate
Joined: Sep 2014
Posts: 38
Likes: 0
From: New Jersey
10-03-14 | 04:34 PM
#25
Lexus Fanatic
Joined: May 2012
Posts: 58,074
Likes: 2,785
From: Maryland
27 vs 36 months, to me its whatever has the best payments. Sometimes its 27, sometimes its 36.
Last edited by SW17LS; 10-03-14 at 04:44 PM.
11-09-15 | 10:55 AM
#26
Rookie
Joined: Feb 2014
Posts: 93
Likes: 0
From: CA
As another member said, depending on the program, 27 month leases could have a lower payment vs the 36 month lease, enough difference to make you consider. Then you can always extend your lease for up to 6 months which would actually give you a 33 month term. That way you can at least get 3/4 year out of your 3rd year registration fee.
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