Is350 Leasing !!!
#2
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Originally Posted by Mrbig
Has anyone got lease prices on fully loaded 350 with ML and a spoiler ??? 36 months and 15k a year ???
Have you ever thought about all the money that you going to put , upfront, and
every month, and at the end of 3 years, you got nothing?
Imagine how much money would that be, and perhaps saved for your future
house downpayment or your family needs.
what most people think: enjoy now, pay later.
have you ever watched suze orman show?
did you know that 2/3 of US economy is fueled by US consumption?
and US personal savings rate is a negative 0.3 %.
#4
Originally Posted by markulele
Mr. Mrbig, do you plan to lease? Better if you buy.
Have you ever thought about all the money that you going to put , upfront, and
every month, and at the end of 3 years, you got nothing?
Imagine how much money would that be, and perhaps saved for your future
house downpayment or your family needs.
what most people think: enjoy now, pay later.
have you ever watched suze orman show?
did you know that 2/3 of US economy is fueled by US consumption?
and US personal savings rate is a negative 0.3 %.
Have you ever thought about all the money that you going to put , upfront, and
every month, and at the end of 3 years, you got nothing?
Imagine how much money would that be, and perhaps saved for your future
house downpayment or your family needs.
what most people think: enjoy now, pay later.
have you ever watched suze orman show?
did you know that 2/3 of US economy is fueled by US consumption?
and US personal savings rate is a negative 0.3 %.
#5
Leasing is bad?? Not really, check you fact...
Markulele, I think you need to learn more about lease before discarding it as wasteful... Emunds has an excellent forum on leasing (just search the word "lease") hosted by Car_man. My wife always lease here car, she used it for business purpose and normally can write off 70-80% of the lease payment depending on the usage mix. She had 6 lexus so far (91 LS400, 94 LS400, 98 GS400, 01 RX300, 02 SC430, and 02 LS430) and lease everyone of them. Since she pay self employment tax also, she is in the over 50% tax bracket (state/fed/self employment tax). Please tell me why shouldn't she lease.
#6
Intermediate
Wrong about leasing -TOTALLY
When it comes to leasing a car with a high residual value, leasing is a GREAT alternative. I've leased 6 cars now with 2 being lexus. With the high residual, you can get a lot more car for far less per month - because at the end of the lease, the bank still has a car thats worth something and you dont have something that you have to sell. No warrantees to wear out and pay for costly old car repairs. Leasing is great for people that can write it off as stated earlier. Some people dont like to drive cars for more than 3-5 years - or 1-2 years for some! A car isnt like a house....a house is an investment, a car is, well, just a car.
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#8
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Originally Posted by Mrbig
Has anyone got lease prices on fully loaded 350 with ML and a spoiler ??? 36 months and 15k a year ???
I guess paying cash is a great way to go but I just hate to think about losing investment opportunities when the stock market is right. I get tired of a car in 3 years and for me the lease option makes sense. But its not for everyone.
Anyway, my dealer gave me the lease on a $44,929 build with 12,000 miles a year for 36 months. I can't remember what the money factor was but a straight lease (payment each month) with no money down was $753 a month for a total of $27,108.
A Lexus 1 payment (payment in full on day of signing) was $24,864 plus some loose change. The one payment actually drops the monthly rate to $674 a month. Unfortunately you pay it at signing.
They also have a multiple security deposit plan. With that plan you pay $690 a month. At signing you give them $6,300 as a security deposit which is refundable at the end of the lease. In this plan you end up paying $24,840 and the temporary loss of $6,300 for 3 years.
Good luck. You definitely have options.
#9
Intermediate
Mind if i ask...
Originally Posted by upbull340
I leased my last car and may lease again. I have friends who say not to do it. When I ask them what they do they say they have financed their car for either 48 or 60 months. They sell early and owe money on the car. So in theory they are always making payments just like a lease and they don't own the car - the financial company owns the car.
I guess paying cash is a great way to go but I just hate to think about losing investment opportunities when the stock market is right. I get tired of a car in 3 years and for me the lease option makes sense. But its not for everyone.
Anyway, my dealer gave me the lease on a $44,929 build with 12,000 miles a year for 36 months. I can't remember what the money factor was but a straight lease (payment each month) with no money down was $753 a month for a total of $27,108.
A Lexus 1 payment (payment in full on day of signing) was $24,864 plus some loose change. The one payment actually drops the monthly rate to $674 a month. Unfortunately you pay it at signing.
They also have a multiple security deposit plan. With that plan you pay $690 a month. At signing you give them $6,300 as a security deposit which is refundable at the end of the lease. In this plan you end up paying $24,840 and the temporary loss of $6,300 for 3 years.
Good luck. You definitely have options.
I guess paying cash is a great way to go but I just hate to think about losing investment opportunities when the stock market is right. I get tired of a car in 3 years and for me the lease option makes sense. But its not for everyone.
Anyway, my dealer gave me the lease on a $44,929 build with 12,000 miles a year for 36 months. I can't remember what the money factor was but a straight lease (payment each month) with no money down was $753 a month for a total of $27,108.
A Lexus 1 payment (payment in full on day of signing) was $24,864 plus some loose change. The one payment actually drops the monthly rate to $674 a month. Unfortunately you pay it at signing.
They also have a multiple security deposit plan. With that plan you pay $690 a month. At signing you give them $6,300 as a security deposit which is refundable at the end of the lease. In this plan you end up paying $24,840 and the temporary loss of $6,300 for 3 years.
Good luck. You definitely have options.
#10
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Originally Posted by umpalumpa
...what car that is you leased? a lexus gs perhaps? i may change my mind and go for size over power and switch to the gs300 and it would cost about 45k sticker.
One thing I learned from him that I did not know is that through a Lexus lease you can extend for a 6 month period without any additional charges. Interesting. I know my Chase lease won't let me do that.
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Originally Posted by upbull340
Anyway, my dealer gave me the lease on a $44,929 build with 12,000 miles a year for 36 months. I can't remember what the money factor was but a straight lease (payment each month) with no money down was $753 a month for a total of $27,108.
A Lexus 1 payment (payment in full on day of signing) was $24,864 plus some loose change. The one payment actually drops the monthly rate to $674 a month. Unfortunately you pay it at signing.
They also have a multiple security deposit plan. With that plan you pay $690 a month. At signing you give them $6,300 as a security deposit which is refundable at the end of the lease. In this plan you end up paying $24,840 and the temporary loss of $6,300 for 3 years.
Good luck. You definitely have options.
A Lexus 1 payment (payment in full on day of signing) was $24,864 plus some loose change. The one payment actually drops the monthly rate to $674 a month. Unfortunately you pay it at signing.
They also have a multiple security deposit plan. With that plan you pay $690 a month. At signing you give them $6,300 as a security deposit which is refundable at the end of the lease. In this plan you end up paying $24,840 and the temporary loss of $6,300 for 3 years.
Good luck. You definitely have options.
#12
Ok here it is i can get the 350 with navi and luxury plus whatveer it is with everything except ml/pcs which i dont want. It has the 18's. It also has healmap washers parking sensors blah blah. Now here are the numbers. The msrp is 43and change. Now i kno the vp so im getting a killer deal. Paying the taxes and fees which is 3100 gettin a 3 yr lease at 580. Good or not?
#13
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After passing on the IS350s I ordered, I have been looking at GS's which are going for so much off the sticker, than I can get a GS430 ($58K MSRP) for just over $700/month, 36 mo., 15K miles, $2500 down...sounds like some people are paying that much for the IS....odd
#14
I am curious what the dealer quoted the residual values of these cars after 36month lease.
06 IS350
06 GS430
anyway, $700 plus per month to lease a car seems a bit much for me. you guys must be really rich.
06 IS350
06 GS430
anyway, $700 plus per month to lease a car seems a bit much for me. you guys must be really rich.
#15
MultiTasking Mom
I leased an 06 GS430; residual was 54%, which is pretty typical I think. Of course getting it new when there is little discount off MSRP is the killer. But I wanted the car when it came out, so that's the price you pay.
Markulele - you should really do some real research on leasing before you say "buy". Suze Orman is a salesperson, she says a lot of things that I don't agree with, and she gets people to buy into her philosophy so she can sell more books. I've leased cars since 98, and haven't regretted it since. It makes financial sense, and brings peace of mind b/c I don't have to sell my cars every three years, and I don't have to worry about running out of warranty. The only car we bought outright was the RX, only because that one gets put through a lot of abuse and the mileage is 18-20k per year.
Markulele - you should really do some real research on leasing before you say "buy". Suze Orman is a salesperson, she says a lot of things that I don't agree with, and she gets people to buy into her philosophy so she can sell more books. I've leased cars since 98, and haven't regretted it since. It makes financial sense, and brings peace of mind b/c I don't have to sell my cars every three years, and I don't have to worry about running out of warranty. The only car we bought outright was the RX, only because that one gets put through a lot of abuse and the mileage is 18-20k per year.