Rate my Lease for 2014 GS350 F-Sport Fully Loaded
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Rate my Lease for 2014 GS350 F-Sport Fully Loaded
Hi guys. Newbie here. I'm closing deal on the car. Please let me know if this is a good deal or not. Thank you so much.
2014 LEXUS GS350 F-Sport Fully loaded
MSRP: $59,368.00
Selling Price: $52,650.00
Lease:
36 months, 15000 miles
Drive off check: $1250
Monthly Payment: $550
2014 LEXUS GS350 F-Sport Fully loaded
MSRP: $59,368.00
Selling Price: $52,650.00
Lease:
36 months, 15000 miles
Drive off check: $1250
Monthly Payment: $550
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$516.00 a month Only first month payment and 8 MSD's due at signing. 27 months/15k a year. It was in june 2014...
#7
Enter your lease details on this link and you will get a lease rating. This is a good indicator on how well you did.
http://www.ridewithg.com/calculator/index.html
My GS35- F-Sport was similar to yours, except I had zero drive off and my payments, including tax, are $569.85 per month. Oh, and Lexus made my first monthly payment.
27 month, 10k miles per year
http://www.ridewithg.com/calculator/index.html
My GS35- F-Sport was similar to yours, except I had zero drive off and my payments, including tax, are $569.85 per month. Oh, and Lexus made my first monthly payment.
27 month, 10k miles per year
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#8
Enter your lease details on this link and you will get a lease rating. This is a good indicator on how well you did.
http://www.ridewithg.com/calculator/index.html
My GS35- F-Sport was similar to yours, except I had zero drive off and my payments, including tax, are $569.85 per month. Oh, and Lexus made my first monthly payment.
27 month, 10k miles per year
http://www.ridewithg.com/calculator/index.html
My GS35- F-Sport was similar to yours, except I had zero drive off and my payments, including tax, are $569.85 per month. Oh, and Lexus made my first monthly payment.
27 month, 10k miles per year
#9
Lexus Fanatic
I did and better, over 13% discount... My Msrp was $61,344 and sale price was $53,000... And i am also in the east coast. New jersey to be exact. Ray catena Lexus of freehold was my dealer..
$516.00 a month Only first month payment and 8 MSD's due at signing. 27 months/15k a year. It was in june 2014...
$516.00 a month Only first month payment and 8 MSD's due at signing. 27 months/15k a year. It was in june 2014...
In fact I think the OP's lease is actually on the whole a better lease than yours.
OP: $550 is a great lease on this car with 15k and $1,250 drive off. If anything, try and get them to do away with the $1,250 drive off and hold the line on payment, if they won't though I'd take that lease all day long.
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Big difference in miles. Unless we see a write up, it's very hard to compare. Someone else may be saying he has a better payment, but we don't know what the tax laws in his state are. When comparing deals EVERYTHING that goes into the price needs to be shared….EVERYTHING.
The tax in CA is 9% for Los Angeles. The residual value is 57% ( $33839) for 36 months. Not sure if there's anymore information that I missed out. Monthly payment $550, Drive off check $1250, 15000 miles, & selling price of $52650.
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Yeah your lease is cheaper because you did 8 MSD's at closing, and its a 27 month lease vs his being 36, and even then its still only $34 a month less. Gotta compare apples to apples.
In fact I think the OP's lease is actually on the whole a better lease than yours.
OP: $550 is a great lease on this car with 15k and $1,250 drive off. If anything, try and get them to do away with the $1,250 drive off and hold the line on payment, if they won't though I'd take that lease all day long.
In fact I think the OP's lease is actually on the whole a better lease than yours.
OP: $550 is a great lease on this car with 15k and $1,250 drive off. If anything, try and get them to do away with the $1,250 drive off and hold the line on payment, if they won't though I'd take that lease all day long.
#12
I frankly don't believe half the great deals I read on the internet about leases because there are so many variables that usually aren't fully divulged. I'm not aiming this at you BTW.
But here is another question - what does "drive off" mean? Leases generally requires the first month payment as a security deposit and/or the first month payment. So you have to explain what that payment really means.
#13
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Kevin, just to show how difficult it is to compare leases, even telling us the tax rate is 9% doesn't tell us the whole story. Some states tax the entire "purchase" price of the car, and some just tax the monthly payment.
I frankly don't believe half the great deals I read on the internet about leases because there are so many variables that usually aren't fully divulged. I'm not aiming this at you BTW.
But here is another question - what does "drive off" mean? Leases generally requires the first month payment as a security deposit and/or the first month payment. So you have to explain what that payment really means.
I frankly don't believe half the great deals I read on the internet about leases because there are so many variables that usually aren't fully divulged. I'm not aiming this at you BTW.
But here is another question - what does "drive off" mean? Leases generally requires the first month payment as a security deposit and/or the first month payment. So you have to explain what that payment really means.
Leasing and buying!
#14
Hi guys. Newbie here. I'm closing deal on the car. Please let me know if this is a good deal or not. Thank you so much.
2014 LEXUS GS350 F-Sport Fully loaded
MSRP: $59,368.00
Selling Price: $52,650.00
Lease:
36 months, 15000 miles
Drive off check: $1250
Monthly Payment: $550
2014 LEXUS GS350 F-Sport Fully loaded
MSRP: $59,368.00
Selling Price: $52,650.00
Lease:
36 months, 15000 miles
Drive off check: $1250
Monthly Payment: $550
#15
Lexus Fanatic
The Money Factor in the east coast is a lot higher then the west coast that's why I had to put the MSD's down which i will get back at end of lease. You always get the lowest term possible in a lease. After 2 years you will be bored of the car and will want to get a new one. Why would you want to be stuck in a 3 year lease befuddles me.
2. I would not automatically get the lowest term, it depends on the deal. If the 27 month lease were cheaper, I'd get that, but in many cases its not. Lexus has some special 27 month leases out there now but when I leased mine 36 was the best deal. I've always leased for 36 months, and I'm comfortable with that. You can always trade out, and for me the 2016 GS will be out about 3 months before my lease ends, had my 2013 lease been 27 months I'd have been short before the new model.
My point about 27 months vs 36 months wasn't to say one was necessarily, just to point out they are different.
I have more options on my car and the service is included for my whole lease and I am stuck with it only for 27 months how can OP's deal be better then mines?
Last edited by SW17LS; 09-29-14 at 11:13 AM.