GS - 4th Gen (2013-2020) Discussion about the 2013 and up GS models
View Poll Results: Did you Buy or Lease?
I Bought
116
76.32%
I Leased
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23.68%
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Did you Buy or Lease?

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Old 02-10-18, 08:36 PM
  #16  
PGA71
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Originally Posted by Mike728
You probably should have stipulated that the poll was for new vehicles only, not used. From what I can gather on the GS forum, there are more leases than purchases when new. Now that the 4th gen is aging, there are a lot of new owners that purchased their GS used.

This is such a good point!
Old 02-12-18, 12:30 PM
  #17  
Superman60
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Originally Posted by MikeLucky
See all those that chose lease... I wait until they turn in their perfectly maintained, low mileage, well kept car, then I purchase it for about 1/3 of original msrp and then I drive it until 300k miles or the wheels fall off, whichever comes first.
LOL, that's the way to do it.
Old 02-12-18, 01:51 PM
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talltrini1
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Originally Posted by MikeLucky
See all those that chose lease... I wait until they turn in their perfectly maintained, low mileage, well kept car, then I purchase it for about 1/3 of original msrp and then I drive it until 300k miles or the wheels fall off, whichever comes first.
You're singing the song of my people LOL
Old 09-26-18, 01:43 PM
  #19  
bclexus
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Originally Posted by MikeLucky
See all those that chose lease... I wait until they turn in their perfectly maintained, low mileage, well kept car, then I purchase it for about 1/3 of original msrp and then I drive it until 300k miles or the wheels fall off, whichever comes first.
Originally Posted by Superman60
LOL, that's the way to do it.
Originally Posted by talltrini1
You're singing the song of my people LOL
That's the way a lot of smart people do it.
Old 09-26-18, 02:38 PM
  #20  
FI4runner
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Bought - paid cash in full as well - title in hand. Same with my Tundra we just bought and my wife’s Pathfinder.
I’ve never paid rent to anyone in my entire life (bought first house at 21) and can’t stand the thought of throwing money at something I won’t ever own.
We have 2 mortgages, one on our main residence, and one on our rental that someone else is paying off + $500 extra profit a month that goes to our mortgage.
Other than that no other monies borrowed.
Old 09-26-18, 04:05 PM
  #21  
bob256k
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Originally Posted by bclexus
That's the way a lot of smart people do it.
same here, got it at 19k, L certified for cheaper than a local dealer's 34k mileage crafted GS.

i have a honda i still drive , nearly 300k, runs like a top. i expect the lexus to last the same if not longer, and be a lot more fun

Old 09-27-18, 08:10 AM
  #22  
DanoATX
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Originally Posted by Superman60
LOL, that's the way to do it.
That was my mistake, leasing a new car. Wish I had bought a quality used
Old 09-27-18, 09:07 AM
  #23  
praetor
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Those of you who regret leasing, why did you regret it? Was it because of money?

I bought new, paid in full. 5+ years now, pondering a new car after 6.
Old 09-27-18, 09:32 AM
  #24  
JDR76
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Originally Posted by praetor
Those of you who regret leasing, why did you regret it? Was it because of money?

I bought new, paid in full. 5+ years now, pondering a new car after 6.
I've leased many cars. I always tend to get tired of them around the 2-3 year mark. Leasing has been wonderful for me.

My GS is the first lease I've had that I am starting to regret. I am regretting it for one reason alone. I am nearing the end of my 3 year lease and am in no way ready to part with the car. I can obviously buy it out but it means I'll have to buy it out at more than it's worth, but I am actually considering it. I just love this car.
Old 09-27-18, 09:42 AM
  #25  
DanoATX
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Originally Posted by praetor
Those of you who regret leasing, why did you regret it? Was it because of money?

I bought new, paid in full. 5+ years now, pondering a new car after 6.
I regret leasing for several reasons, almost all related to money. Hindsight being 20/20, I should have purchased a quality CPO car.

1) After 3 years of paying $650+, I would have had to pay another $500+ for an additional 5 years. Not ideal.
2) Because of available incentives, I had to choose a 200T instead of a 350. In hindsight, I wish I had chosen a 350.
3) Because of mileage limits on the lease, I found I could not thoroughly enjoy the car. I had to keep my miles in mind at all times.
4) Although the F-Sport was a much more performance oriented ride, I did not like the front to back offset in size. The costs for tires, and the halved warranty was a negative in my opinion.
Old 09-27-18, 10:21 AM
  #26  
bclexus
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Originally Posted by DanoATX


I regret leasing for several reasons, almost all related to money. Hindsight being 20/20, I should have purchased a quality CPO car.

1) After 3 years of paying $650+, I would have had to pay another $500+ for an additional 5 years. Not ideal.
2) Because of available incentives, I had to choose a 200T instead of a 350. In hindsight, I wish I had chosen a 350.
3) Because of mileage limits on the lease, I found I could not thoroughly enjoy the car. I had to keep my miles in mind at all times.
4) Although the F-Sport was a much more performance oriented ride, I did not like the front to back offset in size. The costs for tires, and the halved warranty was a negative in my opinion.
Add one more - in Texas you paid sales tax (paid up-front with no exception) on the purchase price of the car even though it was leased.
Old 09-27-18, 10:31 AM
  #27  
DanoATX
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Originally Posted by bclexus
Add one more - in Texas you paid sales tax (paid up-front with no exception) on the purchase price of the car even though it was leased.
I forgot about that. Yes, that is definitely a negative.
Old 09-27-18, 11:15 AM
  #28  
praetor
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Interesting. I was pondering leasing my next car. I don't drive much so mileage isn't an issue for me. I like my 2013 GS350, but I can't say I'm in love with it. Not in a hurry to get rid of my car either but there is maybe something new that peaks my interest.
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