GS - 4th Gen (2013-2020) Discussion about the 2013 and up GS models
View Poll Results: Do you Own or Lease your GS 350?
Own
66
63.46%
Lease
38
36.54%
Voters: 104. You may not vote on this poll

Do you Own or Lease your GS 350?

Thread Tools
 
Search this Thread
 
Old 11-17-14, 06:20 PM
  #1  
bclexus
Lexus Test Driver
Thread Starter
 
bclexus's Avatar
 
Join Date: Nov 2014
Location: Dallas, Texas
Posts: 8,930
Received 1,991 Likes on 1,415 Posts
Default Do you Own or Lease your GS 350?

Do you Own or Lease your GS 350?

Last edited by bclexus; 02-19-16 at 11:44 AM.
Old 11-17-14, 06:29 PM
  #2  
jtrue28
Lead Lap
 
jtrue28's Avatar
 
Join Date: Sep 2008
Location: #BBNine
Posts: 3,636
Received 206 Likes on 140 Posts
Default

Used to own. Wanted all my equity, so I traded for cash and am leasing my GX460. Will never own again.
Old 11-17-14, 06:37 PM
  #3  
LexRuger
Pole Position
 
LexRuger's Avatar
 
Join Date: Jan 2013
Location: California
Posts: 2,035
Received 186 Likes on 117 Posts
Default

Lease cuz it's cheaper and I don't keep cars long anyway
Old 11-17-14, 06:50 PM
  #4  
jkeifer3
Lexus Test Driver
 
jkeifer3's Avatar
 
Join Date: Aug 2005
Location: VA
Posts: 1,049
Received 7 Likes on 5 Posts
Default

The bank owns mine but I'm working on that.
Old 11-17-14, 07:27 PM
  #5  
sick21
Lexus Test Driver
 
sick21's Avatar
 
Join Date: Nov 2013
Location: NM
Posts: 1,081
Received 8 Likes on 8 Posts
Default

^^You can say that again!

I lease because I can't keep a car long enough to pay it off and generally don't mod them so why not lease. My wife's car is owned (or financed) because of the mileage we put on her vehicle and she has no issue hanging on to them longer.
Old 11-17-14, 08:30 PM
  #6  
strack18
Driver School Candidate
 
strack18's Avatar
 
Join Date: Feb 2009
Location: Florida
Posts: 28
Likes: 0
Received 0 Likes on 0 Posts
Default

Lease!!! Don't want to pay for those 265/35/R19 tires...
Old 11-17-14, 09:13 PM
  #7  
ItzFilyO
Lexus Test Driver
 
ItzFilyO's Avatar
 
Join Date: Feb 2013
Location: California
Posts: 5,813
Received 1,046 Likes on 661 Posts
Default

I was surprised to see the Own bar went up faster than the Lease bar where the majority of people here are just leasing their GS. But now I'm seeing the Lease bar catching up.
Old 11-17-14, 09:42 PM
  #8  
kevings03
Rookie
 
kevings03's Avatar
 
Join Date: Nov 2014
Location: Anaheim CA
Posts: 74
Likes: 0
Received 2 Likes on 2 Posts
Default

Lease,

Purchasing for me just doesnt make sense once I factor in increasing maintnace cost as the vehicle ages.

Due to my job, I write off just about 100% of the lease payment, gas, and insurance and up getting about 30% percent of all of that back, come tax return time. This is also possible because I have another vehicle and assign all of my "personal" miles to it.
Old 11-17-14, 09:55 PM
  #9  
AL13NV8D3R
Instructor
 
AL13NV8D3R's Avatar
 
Join Date: Sep 2013
Location: Tennessee
Posts: 1,016
Likes: 0
Received 33 Likes on 22 Posts
Default

i own most my cars cuz i like to mod them to my liking. But once i pay this car off i will start leasing.
Old 11-17-14, 11:08 PM
  #10  
Afrosheen
Lexus Test Driver
 
Afrosheen's Avatar
 
Join Date: Aug 2013
Location: Texas
Posts: 1,295
Received 13 Likes on 13 Posts
Default

First lease, got a good deal and all the options. I'm all about the monthly payment really, and tech is moving so fast these days I didn't want to get stuck in a 5-6 year loan with high payments just to have the car become ancient while I was paying it off. Feeling kinda burned on the tech in the 2013 but in 2 years I'll have another one.
Old 11-17-14, 11:11 PM
  #11  
TonyCarson
Rookie
 
TonyCarson's Avatar
 
Join Date: Sep 2014
Location: Ca
Posts: 76
Likes: 0
Received 0 Likes on 0 Posts
Default

Own

We always buy at least a year old, and we would rather own. We bought our 2013 with 15k miles for only 44k, which payments ended up being about same as leasing. And once I saw how well these F sports are holding their value and Lexus in general I feel like I could sell it for about what we paid if we keep it in great condition.

I think both are good options depending on each individuals needs, but I really like to purchase a car so I can do whatever I please with it.
Old 11-17-14, 11:30 PM
  #12  
islandbeef
Racer
 
islandbeef's Avatar
 
Join Date: Feb 2014
Location: SoCal 858
Posts: 1,679
Received 62 Likes on 38 Posts
Default

^this

Your story sounds like mine.
Old 11-17-14, 11:32 PM
  #13  
onexcite
Lead Lap
 
onexcite's Avatar
 
Join Date: Jun 2007
Location: Pacific NW
Posts: 759
Received 7 Likes on 6 Posts
Default

Own and paid cash so I could sleep very well and not worry hurting my back to make the payment for it.

Done a few lease before but not really into it. If you swap cars every few years then lease will be a better choice, otherwise own will save you more money.
Old 11-18-14, 05:00 AM
  #14  
coach1
Pole Position
 
coach1's Avatar
 
Join Date: Dec 2007
Location: SC
Posts: 306
Received 2 Likes on 2 Posts
Default

When you got no money coming in, you can't make payments.
Old 11-18-14, 06:32 AM
  #15  
sick21
Lexus Test Driver
 
sick21's Avatar
 
Join Date: Nov 2013
Location: NM
Posts: 1,081
Received 8 Likes on 8 Posts
Default

Originally Posted by coach1
When you got no money coming in, you can't make payments.
Then I better make sure that doesn't happen!

But it's called savings and I've got plenty to cover my *** so I'm not worried about my lease payment, nor does my back hurt from it.


Quick Reply: Do you Own or Lease your GS 350?



All times are GMT -7. The time now is 12:22 AM.