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So if you buy out the lease the car's total cost ends up being 51008. (plus of course the opportunity cost on the $7K down payment).
Just out of curiousity, what was the sticker price on the car (plus TT)?
Whoa that seems really high. My base price was $43k, and I could buy the lease out now for $45k and change according to lexusfinancial.com. It seems like it's about $2k over the purchase price, which is the amount I am paying in interest over the next 3 yrs. FYI my money factor is .00270 (slightly higher than advertised since I am a first time car buyer/leaser).
Seems like Lexus is getting a lot of $$ for this car... for $200 more per month ($750) with $4K total drive off, was offered 2006 M3 w/ Competition package, navi, premium, etc.