Paris Hilton Pays $5,603 A Month For Her Lexus

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03-22-13, 07:01 AM

#31

LexFather

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Quote:

Originally Posted by rominl

it clearly doesn't make sense to go on because you simply has no idea how luxury market works. i hope one day you are able to make "sense" of something where "sense" isn't part of the game

Amen. AMEN!!!!

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03-22-13, 09:51 AM

#32

CrazyMPG

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Well her payments are a lot more than mine but some of it can be used as a tax write off.

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03-22-13, 10:00 AM

#33

rominl

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Quote:

Originally Posted by CrazyMPG

Well her payments are a lot more than mine but some of it can be used as a tax write off.

awww stop revealing the secret now!

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03-22-13, 10:13 AM

#34

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That sure is a lot of money!

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03-22-13, 10:49 AM

#35

IXI187IXI

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LOL i didnt know Paris had so many personal accountants on CL

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03-22-13, 11:08 AM

#36

LexFather

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Quote:

Originally Posted by IXI187IXI

LOL i didnt know Paris had so many personal accountants on CL

U know how internetz work..lets not talk cars but lets talk why spending 5k a month is bad....

99% here would do the same damn thing if they could

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03-22-13, 02:49 PM

#37

G Star

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Quote:

Originally Posted by Blueprint

U know how internetz work..lets not talk cars but lets talk why spending 5k a month is bad....

99% here would do the same damn thing if they could

Naw mang, buying 4 GTRs is a much better val-U.

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03-22-13, 04:58 PM

#38

x83slider

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it's kind of crazy to think people can just drop that kind of money and still have lots left over. Man what I could do for my life with that much money

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03-22-13, 08:41 PM

#39

SNiiP3R

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Would be nice if she could join CL

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03-23-13, 12:24 AM

#40

gengar

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Quote:

Originally Posted by rominl

this is probably on an interest rate of what, 4% give or take? if she is smart with money (or more like her trust fund), it's very easy to have return of more than 4%. if that's the case, why pay full?

Those who have cash lying around are better off paying in full. It's not like most people are ever really fully invested.

Just to be clear, since some posts insinuate it, I'm not criticizing or judging Paris in any way. I post on here to share my perspective as an LFA owner. And again, that perspective in this case is simply that I can't imagine paying interest on something silly like this.

Quote:

Originally Posted by S2000toIS350

What I find funny is that Lexus communicated to the public that you could either take the 2 year lease or buy it outright on day 1

Her 5 year loan says BS to that story from Lexus

Lexus backed off the 2 year lease completely when they decided to allow outright purchases, as I and others reported before. They have offered typical financing ever since.

BTW, according to people at Lexus corporate, the reason for the change was backlash from myself and many other owners who complained about being forced into a lease where we had to pay interest. As I said above, if you've got any cash lying around, you have no interest in paying interest. (errr... no pun intended.)

Quote:

Originally Posted by CrazyMPG

Well her payments are a lot more than mine but some of it can be used as a tax write off.

Good luck explaining to the IRS how you're justifying tax deductions on an LFA loan.

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03-23-13, 12:53 AM

#41

ISFPOWER

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my old boss at the dealership had a lambo at 2800 a month on payment alone. 5800 a month doesn't seem bad for a person making a lot of money.

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03-23-13, 06:41 AM

#42

CrazyMPG

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Quote:

Originally Posted by gengar

Good luck explaining to the IRS how you're justifying tax deductions on an LFA loan.

Haha creative accountants help Gengar! It's a company/advertising vehicle?

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03-26-13, 09:11 PM

#43

LexusAMG

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mercedes are built like tanks they can run to well over 200k miles with no issues...

a camry is for a dork or geek and yes i would take the ls460 or s550 used over a new camry

i have owned over 30 amg's and many lexus's and i stand by both companies on engineering...

AMG builds the most powerful cars in the world..hence the cl65 it blows away all other production cars torque wise..infact it is twice as powerful as a LFA....and it will spin well over 200k with not a blink of the eye....

drive a $100k car for $25k and be cool... or drive a nice new camry for $30k and be a geek with no taste

sorry but the truth