gmanusmc

There ya go - like using msd's to reduce or eliminate interest and only be paying the depreciation - which is what basically happens when cash is paid up front.

We don't exist in some utopian world - transportation is a necessity in our society. Without a dependable vehicle, we'd have a hard time making a living and doing all the other daily tasks that come along. We all can't ride bikes or walk to work.

That being said, folks need to make good financial decisions throughout life and maybe they'll become that millionaire or multimillionaire that LexusLive is talking about.

That, or win the lotto (don't tell Dave Ramsey I buy lotto tickets occasionally).

JSIS350

All,

I can use some advice here...I was planning on leasing an IS350 F-Sport, but my local Lexus dealer has a 2014 GS350 F-Sport that caught my eye. The salesman explained that the current incentives make the pricing on the GS350 more attractive than the IS350. So, I took the GS350 F-Sport for a test drive today and I was impressed.

I wanted to run the numbers by everyone to see if you think there is more room for them to come down.

2014 GS350 F-Sport
MSRP $60,092
27 Months @ $539
12K Miles/year
Total due at signing $2,782
P.S. - I do not have a trade

I was hoping to get 15K miles/year and pay $2,000 due at signing. Thoughts?

Thank you

Mike00

I just did $1,600 $566 for 15k miles on a 14 FSport. You should be able to get in the range you are talking about easily enough.

FastTags

According to a millionaire its not a good idea to lease!

FastTags

What state you in? In some states its a good deal already in some you may get befter deal like $539/m with 0$ out of pocket

sick21

Anything to do with a modern day car isn't a good idea.

FastTags

There are lots of bad ideas, we still do them because we want to and because we simply can!

Joeb427

iTrader: (1)

Luxury is not supposed to make financial sense.Luxury is not about value. It's up to the buyer to decide whether the luxury is worth the premium.

JSIS350

I am in New Jersey. Thank you

FastTags

East cost deals are not as good as central or west cost. I would say keep trying. Go for 15k and less down payment,if not your deal is not so terrible.

JSIS350

Yeah...I'm shooting for $539/27 months with 15k miles with $2,000 due at signing.

Thanks

jdf

For anyone interested in taking over a lease, I have a loaded 2014 GS-350 F-Sport in Deep Sea Mica (a rare color in F-Sports). The lease is for 15,000 miles per year and goes until March 2016 (it currently has 10,000 miles on it and is right on track with the allotted miles). My payment is $553/mo., which includes tax and the insurance for dings and scratches, etc. I live in Orange County, CA. Here is a link to the post with pics:

https://www.clublexus.com/forums/lex...-sea-mica.html

Please send me a private message if interested.

SW17LS

The whole "Someone posts a thread about a lease deal, then some self righteous A-hole comes in here quoting Dave Ramsey or whoever such BS about how we're all idiots, blah blah blah" REALLY does get tiresome.

Look, we're all adults, we're all presumably fairly well off to be able to afford to purchase or lease a $60,000 Lexus. Why don't we all just stop giving unsolicited financial advice to others. if you saw someone in a store talking to a friend about leasing, would you go up to them, interject yourself into their conversation and start saying "Dave Ramsey says blah blah blah"? No. Thats what you do when you come into a thread like this and post this crap. You wouldn't have the ***** to do that in person, and even if you did...you'd look like a fool.

You know why Dave Ramsey is so rich? Because he sells books and seminars to people like you. Not because he practices what he preaches. Thats the bottom line. I don't need some worthless shiny toothed "guru" to tell me how to live my life. I work hard, I employ people to advise me on matters that I benefit from advice on, people who actually have knowledge of and understand my income, my investments, my goals as opposed to some "one size fits all" guru who preaches to the lowest common denomenator. Bottom line is, I don't deny myself life's pleasures that I can enjoy without hurting myself and my family financially. If I want to go out to eat...I go out to eat. If I want to take a vacation...I take a vacation. I love cars, I derive a great deal of enjoyment out of driving a new car I love every 3 years or so, I'm going to do that. The way to achieve that goal that makes the most sense for me, my financial position, and my tax situation is to lease. Without any context into my situation, my means and my goals...your input and Dave Ramseys input are worthless. Bottom line, I do not need or want your or Dave f%&^ng Ramseys advice. So...keep it.

Nobody asked "should I lease or should I buy?". They asked "is this lease deal I have been offered a good lease deal?". Unless you have some insight into whether or not his lease deal is close to the best lease deal that can be currently negotiated on a Lexus GS350...do us all a favor and unplug your keyboard.

gmanusmc

Well said SW13GS - I think there's probably a number of us who hope that since we haven't heard from this dude in awhile, he's moved on and is busy counting his money someplace where he won't bother someone.

SW17LS

Its a chronic problem though, and its not just this guy by a long shot. Pretty much every thread gets bogged down with this sort of stuff and its a shame, because since this is a highly leased car this site can be a HUGE resource when it comes to lease rates and terms. It certainly was when I got mine.