IS - 3rd Gen (2014-present) Discussion about the 2014+ model IS models

Leased Lexus with MODS???

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Old 07-29-13, 10:13 AM
  #16  
ThermonMer
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Originally Posted by SW13GS
You're not returning the car though, you are trading the car in and they are just simply paying off the buyout on the lease. If the car is worth less than the buyout, you're still going to owe money. If its worth more than the buyout and they are just giving you the buyout...you are getting screwed.
if your car is worth > buyout, the dealership will write you a check for the difference. just need to have dealers compete to get you over the hump.

i talked a dealer up 24k to 27k, which was a grand over my buyout (three months worth of lease payments in cash). it took me four visits to the dealership, and a call to the police until they cut me the check + reimb. for the four cab rides, but i got it.
Old 07-30-13, 12:43 PM
  #17  
SW17LS
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Originally Posted by juvi22003
Well thanks for your input i say that now but the longest i had a car was 2yrs 3mths and this is my 5th car so might be gone before the lease is up
If you're not keeping the cars thats another story. My issue is with leasing when you know you're going to buy it at the end.

Originally Posted by ThermonMer
if your car is worth > buyout, the dealership will write you a check for the difference. just need to have dealers compete to get you over the hump.
Correct, but this is not a lease turn in this is a trade in.
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