mikedozz

So as the cycle winds down over the next year or so, you guys think we'll see amazing deals on the premium LS...hoping like in the 600s with some money down.

Rhambler

You can probably get a good deal now based on what other people have said.

Just keep in mind invoice is about 8% under MSRP. Someone else mentioned 25% off MSRP recently? No idea about the veracity or validity of that claim, but hey, I've seen stranger things. I got under invoice back in December for a 2016.

If you can wait until the end of the year, I'm sure the discounts on 2016 model years would come fairly easy considering the 2017s will be fighting for space, especially knowing an all new LS is due to arrive in late 2017 badged as a 2018.

If you have good credit, money factors of 2% or lower is reasonable.

SW17LS

There are some amazing deals out there now, but I don't think $600s with money down is realistic. The residuals are poor on the LS, and even with high dealer cash (its $7,500 dealer cash right now), the numbers don't work that well. That dealer cash is how they get to 20% off MSRP.

High 7's with money down, $800s for lightly optioned cars sure.

mikedozz

Yeah, I would probably need to put a ton of money down for high 600s

SW17LS

And you don't want to put money down on a lease.

mikedozz

Agreed unless people are more comfortable with a lower payment but you run the risk of losing it if the car is totalled

SW17LS

Just put the money you'd put down in a savings account and pay a portion of each payment out of that. That's all you're doing putting money down, prepaying lease payments.

caha14

Side note... If it's still available from LFS, there's the multiple security deposit option. You don't lose it if car is totaled, and at the time I looked at it, the return on investment via the reduced money factor was quite handsome.

SW17LS

Yes that's a much better alternative.

rld14

This!!!

Every additional SD you put down takes .00008 off of your money factor up to a total of 9 (Unless you live in NY, in which case you're out of luck)

Take a deal I just did on a CPO LS460:

Sign and Drive: $652.24 at signing, 35 x 652.24

Now... Option 1: $595.70 with 9 MSDs and 1st at signing. Remember, you get the MSD Back!

Instead of $5400 in MSDs, if you used that as a cap reduction you'd be at $484.95/mo BUT the MSDs will lower your net cost to lease the vehicle.

litesoarer

sd = $600?