boa1977

Guys i'm looking into getting a lease for lexus GS 350. All my friends are telling me that dont put down any money when leasing. I'm not able to find a deal anywhere for GS350 with 0 down. Mostly dealership are telling me at least $2k down with 485/month. Has anyone lease GS 350 recently with $0 down?? Any idea which dealerships I can contact?

jonathanz

iTrader: (2)

this will be a very quiet thread!

boa1977

Yes i can tell....

shurik74

iTrader: (5)

shhhhhhh.... silence

bocahoo

Not putting any money down when leasing doesn't mean no upfront cash. Most lease deals require the first month's payment + a refundable security deposit + fees. Your friends are correct that you shouldn't put any money down towards reducing your capitalized cost, but paying first+security+ fees is fine. Depending on the state, that could easily come to $2K.

I leased my 350 no problem with no cap cost reduction (although I did do the multiple security deposits to buy down the money factor). I'd imagine ANY Lexus dealer would allow you to do this.

jtrue28

Watch for specials though. Lexus was running a lot of ads recently where they would make your 1st lease payment...

But yeah, security deposit(s), fees will likely be due.

islandbeef

Bait and switch!

ItzFilyO

U should go with zero down on leases. I always put nothing down on my leases and drove away with a brand new car without spending a penny at the dealership, except from the parts store.

Yes, zero down means free first month payment too and no fees of all kinds. U come in, sign, then go home with a brand new car without opening ur wallet.

Brolic

iTrader: (1)

I did a zero down lease today!!

ItzFilyO

Very good! Don't u feel great driving home a 60K car without spending a dime?

Brolic

iTrader: (1)

White with red interior f sport and not a penny down feels like one hell of a deal.

Boomin

Just tags and never any money down

LexLuthors

Have you ever thought of leasing a CPO or are you just looking to lease new?

JT4

I would like to use MSD's but NY doesn't allow them. Some states allow them, some don't.. Lucky me.

boa1977

Thanks for all your reply guys.
This is where I stand now. 2015 GS 350 MSRP $55030. Options, Cold weather pkg, premium pkg, blind spot and preferred pkg.
36 months 15k year will cost me $485/month. ( I will have to pay my taxes up front) State of GA requires that.
27 months 15k year will cost me $505/month.

I can also buy a used 2013 F-sport same dealership with 24k miles on it for $32500.

Get a new one or used 2013?