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Hey everyone, Im kind of new to the forums. I used to own a 2007 GS350 but sold it back in 2010 and have been lurking the forums since . My wife and I just leased a 2016 GS350. I couldn't be happier with the vehicle. I plan on lowering with rsr downs but haven't decided on what set of 20" rims I'm going to go with. Thanks for all the helpful info as Ive done a lot of research and reading on the forums before we leased. Hope to post more as I start tinkering with the car.
Thanks! The atomic silver has really grown on me. Other than the beater that you see behind the GS (05 Altima, wife's first car and still running strong), every car that I have owned just happened to be either white or black. When we went to check out the cars, we narrowed down the colors to eminent white pearl and the atomic silver. Needless to say, I'm glad we brought home the atomic silver.
33mo lease
$2500 down
10k mi a year
422 including tax a mo.
What was the money factor compared with the buy rate?
What was the cash price compared to the invoice?
Would you put a down payment on an apartment to reduce your monthly rent?
MF = .00070
Gross Capitalized Cost = $45,938.03
I don't rent or live in an apartment?
What was the mark-up on the money factor? (from buy rate)
What was the invoice price for your vehicle?
As a general rule, don't put any money down on a lease. If you total your car tomorrow, insurance pays off your car and you lost your $2k down payment (as a way to prepay your rent on your car)
Welcome to the family! If the GSF doesn't get healthy incentives in December, I'll probably go with a 2016 GS F Sport again. My '13 has been great, absolutely rock solid. What interior did you go with and what options?
What was the mark-up on the money factor? (from buy rate)
What was the invoice price for your vehicle?
As a general rule, don't put any money down on a lease. If you total your car tomorrow, insurance pays off your car and you lost your $2k down payment (as a way to prepay your rent on your car)
insurance companies don't "pay off" cars. They either pay to repair them or they pay what the car is worth. If you buy Gap insurance then they cover any difference, but that is a separate conversation.
insurance companies don't "pay off" cars. They either pay to repair them or they pay what the car is worth. If you buy Gap insurance then they cover any difference, but that is a separate conversation.
If you lease through LFS, they apply their own gap insurance. This covers the cost between the difference in the remaining, depreciated value of the car and the replacement cost. It doesn't give the buyer a dime back, just the ability to walk away without owing anything. That's why you don't put money down on leases, because that downpayment could vanish if the car is totaled.
Welcome to the family! If the GSF doesn't get healthy incentives in December, I'll probably go with a 2016 GS F Sport again. My '13 has been great, absolutely rock solid. What interior did you go with and what options?
I have black as my interior. As for optional equipment, the car has heated leather steering wheel, intuitive park assist, one-touch power trunk, illuminated door sills, rear lip spoiler and all weather floor mats.
So far I like everything about the car.
As far as my lease, I went through a broker. The price was not negotiated so I didn't spend hours at a dealership. I feel like I got a pretty decent deal.
09-18-16, 09:18 PM
Picked up 16' GS350!
. My wife and I just leased a 2016 GS350. I couldn't be happier with the vehicle. I plan on lowering with rsr downs but haven't decided on what set of 20" rims I'm going to go with. Thanks for all the helpful info as Ive done a lot of research and reading on the forums before we leased. Hope to post more as I start tinkering with the car.
