Kerr

Hey you all, just wondering if you leased on or looked into leasing one. If so how was the lease, payments, etc.. i would be intrested in the 24 month 30,000 mile lease on a GS430 base model with just heated seats and a sun roof. the wife is easy to please

GS3rdwow

I looked into a lease. I dont know about a GS430... But On GS3 RWD the payment is HIGH. VERY HIGH. So the GS430 will be high too..much higher. And trust me - ppl are leasing and paying it. On a vehicle with sticker price of 45,679 (GS3RWD) (thats everything excluding rear spoiler, ML, NAV, PCS)...with Zero down and just taxes paid and first months payment (with tier 1 credit)... on a 36 month lease 12000 miles/yr the payment was 800-810/month

THATS IS HIGH!

RNM GS3

Lease prices are CRAZY HIGH right now on the GS. This is the main reason i got a 05GS, not 06.

My father is shopping for a new car right now. They are offering him a lease on 05 LS430 with LOWER monthly payments than for 06 GS300 rwd. Same lease terms for both cars.
..........BUT right now is a great time to lease a LS430.

lexuslover

a 24 month lease will be brutal . . . remember that depreciation is higher in the earlier years.

of course lease pymts on the new GS appear to be high right now, but that's mainly because you can't get much off Msrp, so you are financing the large gap b/w residual and negotiated price. LS is cheaper b/c it's selling closer to invoice, so even with same residual %, you are financing much less money. also, since the GS is brand new, the lease terms are not as favorable as they are on mature models like the LS or ES.

this is the same "penalty" scenario all of the new owners are going through, whether you lease OR buy . . . if you get the GS early, you get to enjoy its "newness" on the road, but you will have to cough up more cash. i am sure in a year's time the price will be very negotiable and discounts will be a plenty.

i am glad i leased given all the new options coming out soon - plan on getting the GS450h or GS460 or the new LS once my 3 yrs is up on my new 430 no sense in buying when i love getting a new Lexus every few years! (don't forget - w/ leasing you pay sales tax on the payments, not the full price of the car, so with a luxury car, you are saving quite a bit on sales tax if you know you don't want to keep the car beyond a few years)