About to pull the trigger.....Good Deal?
#1
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Join Date: Oct 2004
Location: Texas
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About to pull the trigger.....Good Deal?
Thanks in advance guys...I'm sure you get a 1000 of these a day.
Here's the Deal:
36 Month Lease
15k Miles
$0 Down w/first months payment and Registration
IS250 w/Premium Package, Wing, Chrome 18's, Blk/Blk
$562/Month
Good? Bad?
Here's the Deal:
36 Month Lease
15k Miles
$0 Down w/first months payment and Registration
IS250 w/Premium Package, Wing, Chrome 18's, Blk/Blk
$562/Month
Good? Bad?
#7
If you're planning to keep it after 3 years, I'll say it's a good deal with no down payment. If you want to keep it and do some modifications, then you should finance it. I've babied my IS350 as much as the first day I purchased it, fortunately I have a daily driver (2000 Audi S4) that's as much fun to drive as my IS, I only put 13k miles on it since November 2006.
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#8
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Join Date: Nov 2007
Location: Lake Country, WI
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If you did NOT, they have advantage= you can do better....
NOTE: I get a new/different car every 12 months or so, so I know the "game" well....
#9
For that monthly payment, you can buy the car with 10% (approx $3k) down...
#10
Lexus Fanatic
Agreed, I would look to buy the car and finance via LFS. Leases are basically rentals. They work well if you have a job that allows you to expense it and you could write it off in your taxes.
#12
Lexus Fanatic
The thing to worry about with leases is getting hit with mileage penalties. It adds up fast. I wonder if everyone remembers how Acura/Honda had their speedo's slightly rigged to record more miles than actual. My sister had received a letter and credit on her lease due to this issue being exposed. This is a shady practice and I hope Lexus never takes part in this.
#13
Lexus Fanatic
iTrader: (1)
The thing to worry about with leases is getting hit with mileage penalties. It adds up fast. I wonder if everyone remembers how Acura/Honda had their speedo's slightly rigged to record more miles than actual. My sister had received a letter and credit on her lease due to this issue being exposed. This is a shady practice and I hope Lexus never takes part in this.
One must stay within the mileage allowed or it's .25 a mile and that adds up.
With Honda/Acura getting caight,i would think Lexus and others are on the up and up with the odometer count.