IS - 2nd Gen (2006-2013) Discussion about the 2006+ model IS models

Leasing an IS350 vs. a 330i

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Old 12-08-05, 08:20 PM
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jayrod
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Originally Posted by AsianGirl007
To start with, the $718 payment now sounds way too high. And I think the $1844 you save is from less rate and less tax. So, if you are looking to maximize your savings on a car and seem to have plenty of cash to drop, may I suggest you look into doing a one pay lease or a multiple deposit lease?
Yes, I was planning on doing the one pay lease. I have not looked into the multiple deposit lease yet. Which is better for someone in my situation - or are there different advantages to each?
Old 12-08-05, 08:21 PM
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jayrod
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Originally Posted by Tony1
its a huge misconception, that if you prepay a lease or put a huge down
payment down that , you'll lose that money.. totally false, dealers however
use that line to get you to not to do it.. My uncle had a bmw M3 and he prepaid
the lease, it got stolen the first 6 months he had it, and he got every dollar back,

Theres something called gap insurance my good ppl which is included in
\mostly every lease contract..
Another good point
Old 12-08-05, 08:22 PM
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AsianGirl007
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Originally Posted by Tony1
its a huge misconception, that if you prepay a lease or put a huge down
payment down that , you'll lose that money.. totally false, dealers however
use that line to get you to not to do it.. My uncle had a bmw M3 and he prepaid
the lease, it got stolen the first 6 months he had it, and he got every dollar back,

Theres something called gap insurance my good ppl which is included in
\mostly every lease contract..
Prepaid (One pay) and large down is two different things. A large down is gone once you give it up. One pay and MSD leases you can get money back. I'd never put a large down on a lease, it's a general rule of thumb in leasing.
Old 12-08-05, 08:29 PM
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AsianGirl007
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Originally Posted by jayrod
Yes, I was planning on doing the one pay lease. I have not looked into the multiple deposit lease yet. Which is better for someone in my situation - or are there different advantages to each?
There's advantages to each, although my personal favorite is MSD lease. You can save upwards to $60-$70 on monthly payments on a lease and if you calculate the savings over 36 months I think it comes out to be something huge, like say a 30% return on your initial deposit of, say, $5,000. Since you're going to be getting a car anyway, it's a good investment. I don't know anywhere else you can get a return on your money that high.

One pay leases are good too, since theres no rate, but I have a problem parting with, say, $15,000 on a car up front.

My own view is to go for lower payments each month with the least amount down.

Last edited by AsianGirl007; 12-08-05 at 08:33 PM.
Old 12-08-05, 08:31 PM
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JSK97VMI
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Originally Posted by jayrod
15K for both
If you can drop 15K on a down payment, why on earth are you going to lease??
Old 12-08-05, 08:52 PM
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jayrod
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Originally Posted by JSK97VMI
If you can drop 15K on a down payment, why on earth are you going to lease??
With low monthly payments, I can use the money I'm not spending on financing my car and put it into something that appreciates rather than depreciates.
Old 12-09-05, 01:50 PM
  #22  
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Our 330i stickered for $42k and with about $2k out the door, our payment is $545 on a 39 mo lease.....

I strongly feel that if your going to lease, take your $15k and make secure investments with it..... that's rediculous to give them all that cash.........
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