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Issue is TX550h+ is more to lease than an X7 and about the same as a GLS despite being $15k cheaper. So, while it ticks the boxes on paper financially it doesn't make a lot of sense since the X7 and GLS are better cars for the money. So...I'd have to buy the TX but since we're not going to keep it beyond 3-4 years regardless the payment is really the focus, and it just makes more sense to get the GLS for the same monthly outlay
How about buying it to get what you want now and possibly sell it in 3-4 years for that next big thing?...
How about buying it to get what you want now and possibly sell it in 3-4 years for that next big thing?...
Financially that doesn't make sense for us. It would be way costlier to do that probably and it complicates things from a tax perspective. Even if the lease deal isn't great leasing is still better for us because of the tax situation. Plus buying it would raise the payment even more.
As an example of the interesting lease strategy at Toyota vs Lexus.
Grand Highlander is hot right? Same as the TX. Even so, Toyota has a lease for the GH Hybrid MAX Platinum (36/10) that has a poor MF, .00279 (6.7%) BUT, the residual is CRAZY at 69%! At a 61K MSRP, paying MSRP the payment is $840. Thats not terrible.
Contrast to the TX, comparing a TX500h with the same powertrain same terms MF of .00255 (6.17%), residual is only 60% and the payment at $78k MSRP paying MSRP is $1,217. $377 a month more for a vehicle $17,000 more expensive.
Interesting that they are giving more lease support to the Toyota when you would think Lexus buyers would be more apt to lease...
EDIT...to make it even weirder, the new deals for the TX550h+ that just came out in March are better than the deals foor the 500h! 65% residual, .0026 MF, plus a first payment waiver...so that makes an $85K TX550h+ $1,189 a month, or $28 LESS than a $7K cheaper TX500h that you can find in stock .
I see you're throwing in non PHEV as options. The new Tellurides looks nice and seems to be similar in size to the Grand Highlander. They have a hybrid option and I believe generally have good lease deals although its such a new model they may not have good lease deals yet.
i think just can't 'stoop' to getting a kia or hyundai and really really wants that gls580.
I mean he currently has a Chrysler so at worse it's a sideway move lol
I remember before Steve got his S class he was concerned about getting an S class because of what people may think, I think it was being looked at as pretentious. Look at him now lol.
I've read the PHEV system in the CX90 is horrible, would like to hear your opinion after driving it.
If non hybrid/electrics are possible, what about the MDX? They normally lease great.
i think just can't 'stoop' to getting a kia or hyundai and really really wants that gls580.
LOL, I wouldn't get the 580 for my wife, I would get it for me!
I would definately get something mainstream to replace the Pacifica, doesn't have to be a luxury car. I'd like to get her something luxury branded though for work.
Originally Posted by TheRas900
I've read the PHEV system in the CX90 is horrible, would like to hear your opinion after driving it.
If non hybrid/electrics are possible, what about the MDX? They normally lease great.
Yeah I have kind of read that too, and only 25 miles of EV range.