Price Paid for a GS-F (Lease or Purchase)
#241
#242
Just follow the 1% rule for good leases. Your payment should be less than or equal to 1% of the final sale price, taxes all in. So, a good lease for the first offer for a total price with tax of 82.979.50 is 829 per month, zero down. However, if you can hang on until December, I swear the 2016's will get slashed again because the '17's will start showing up. People got killer deals on '15 RCF's earlier this year and late last year.
You always want to shoot for zero down and if you need to reduce the capitalized cost or money factor (and if your state/dealer supports it), use MSD's instead. Multiple Security Deposits are little refundable deposits that the dealer (financial institution) returns to you upon completion of the lease. However, this strategy is antithetical to the overall leasing concept, which is keeping your cash liquid and not tied up in assets.
You always want to shoot for zero down and if you need to reduce the capitalized cost or money factor (and if your state/dealer supports it), use MSD's instead. Multiple Security Deposits are little refundable deposits that the dealer (financial institution) returns to you upon completion of the lease. However, this strategy is antithetical to the overall leasing concept, which is keeping your cash liquid and not tied up in assets.
#244
3k cap cost reduction isn't all that much to risk but it's money you could never recover in the event of an accident, that's why they say never put money down on leases. Sign and drive, 1% is a perfect lease.
I'm shocked at how low the residual is. This must be LFS trying to maximize profit and not subsidize the sale much at all. Losing money on the front end through rebates and stuff, making it up on the backend with a low residual which essentially equals higher than normal depreciation. 54% on a 36 month lease is pathetic.
#245
#249
#251
#252
Again, not a lease expert, but that one looks like they're trying to screw you.
Plus, I agree with the others, sales tax on your purchase offer is extremely high.
#253
#254
wait another year and that lease deal would be easily achievable. But definately not now or yet.
#255
a m3/m4 goes for around 800 a month now, msrp mid 70s to 80k?
a m5 goes for around 1000 a month now, msrp mostly 105-110k?
both with 0 down and 36 months. if you try hard you can probably get 12k miles a year.
so that would be my reference point on what i would consider a good deal on the gsf.
it's all about how willing lexus is going to do it. remember the 13-15 gs? the lease deals bet out on any 5 or e class you could find out there. but that's on the regular gs, huge volume and lexus had a reason to push them. the gsf is very small volume and honestly lexus wouldn't care if they have trouble selling the car. so the drive to give out more incentives is not as big
it's a tough one for lexus. lexus built on a strong foundation of ownership, most people bought their cars. however the culture has changed and leasing makes more and more sense for the new generations in the luxury market. so for lexus to really compete with the germans they have to change their mindset the work out the math
a m5 goes for around 1000 a month now, msrp mostly 105-110k?
both with 0 down and 36 months. if you try hard you can probably get 12k miles a year.
so that would be my reference point on what i would consider a good deal on the gsf.
it's all about how willing lexus is going to do it. remember the 13-15 gs? the lease deals bet out on any 5 or e class you could find out there. but that's on the regular gs, huge volume and lexus had a reason to push them. the gsf is very small volume and honestly lexus wouldn't care if they have trouble selling the car. so the drive to give out more incentives is not as big
it's a tough one for lexus. lexus built on a strong foundation of ownership, most people bought their cars. however the culture has changed and leasing makes more and more sense for the new generations in the luxury market. so for lexus to really compete with the germans they have to change their mindset the work out the math