Anyone ever lease a L/Certified before?
#1
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Anyone ever lease a L/Certified before?
Found a '13 and '14 LX570 for 59k and 62k, obviously can't afford a brand new one. Has anyone ever leased a CPO vehicle from Lexus, the 13' has everything we want. My thought is if we leased it for 4 years, by the time the term is up we could buy it out, plus I would only have to put down 2500 vs. 10k financing a used one (11'). Thanks
#2
Pole Position
Found a '13 and '14 LX570 for 59k and 62k, obviously can't afford a brand new one. Has anyone ever leased a CPO vehicle from Lexus, the 13' has everything we want. My thought is if we leased it for 4 years, by the time the term is up we could buy it out, plus I would only have to put down 2500 vs. 10k financing a used one (11'). Thanks
I'm not you, so take this for what it's worth. I'm looking at a '10 with <40K for <$50...more $$ up front, but I'm better off with a purchase, imo, than a lease. When I had a business putting 40K per year on a Suburban, leasing made sense, as I wrote off 80% of the truck's expenses.
I don't see the CPO, per se, as any better than a truck with similar mileage and maintenance that's a non-CPO. You might try a new tack with a non-Lexus dealer, including independent lots.
Good luck.
Steve
#4
Intermediate
They want $59K for a 2013? KBB for one with no options is $30-$34K. I think your dealer is taking you for a ride.
I leased a 2018 GS350 and will never lease a car again. I think if you run the numbers on the cost of the lease and buyout vs financing one, you will be shocked at how much more it will cost you. Especially a 4 year lease.
I leased a 2018 GS350 and will never lease a car again. I think if you run the numbers on the cost of the lease and buyout vs financing one, you will be shocked at how much more it will cost you. Especially a 4 year lease.
#5
Pole Position
They want $59K for a 2013? KBB for one with no options is $30-$34K. I think your dealer is taking you for a ride.
I leased a 2018 GS350 and will never lease a car again. I think if you run the numbers on the cost of the lease and buyout vs financing one, you will be shocked at how much more it will cost you. Especially a 4 year lease.
I leased a 2018 GS350 and will never lease a car again. I think if you run the numbers on the cost of the lease and buyout vs financing one, you will be shocked at how much more it will cost you. Especially a 4 year lease.
If you can write off the lease payments as a valid business expense, write it off; but check with your CPA first.
If you can't afford monthly payments, a lease can put you in a better truck v. what you'd pay over the course of a loan. Otoh, you'll have no equity in the truck, so you won't keep it once the lease is over. IMO, a major waste of money.
#6
Lexus Test Driver
They want $59K for a 2013? KBB for one with no options is $30-$34K. I think your dealer is taking you for a ride.
I leased a 2018 GS350 and will never lease a car again. I think if you run the numbers on the cost of the lease and buyout vs financing one, you will be shocked at how much more it will cost you. Especially a 4 year lease.
I leased a 2018 GS350 and will never lease a car again. I think if you run the numbers on the cost of the lease and buyout vs financing one, you will be shocked at how much more it will cost you. Especially a 4 year lease.
#7
Pit Crew
iTrader: (3)
Found a '13 and '14 LX570 for 59k and 62k, obviously can't afford a brand new one. Has anyone ever leased a CPO vehicle from Lexus, the 13' has everything we want. My thought is if we leased it for 4 years, by the time the term is up we could buy it out, plus I would only have to put down 2500 vs. 10k financing a used one (11'). Thanks
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#8
Pole Position
Ask the dealer service dept. for a print out of service history for the truck, or log onto Lexus.com, go to the owner's section, and fill in the VIN. You'll get a service history prior to purchase.
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