ae4life10

2008 IS250 (about 33k with employee discount) roll fees into lease
no money down
can you trade in a leased vehicle? if so 2004 gmc yukon xl denali trim w/ 3500 in payments still owed on lease, lease up in january
want to lease for 3-4 years
15k miles/year


current car was was 31k and had no money down with $330/month

ae4life10

should i do the above or would it be better to lease a pre-owned?

LexFather

Welcome, yes you can trade in a leased car, the dealer will figure out details. I know Lexus has a $349 a month with I think 3k down lease deal on the IS 250.

Don't think u can lease a pre-owned, only buy it. Are you financing through Lexus?

ae4life10

thanks sick goat.yes im financing through lexus, as of right now i need a co-signer because i haven't established credit due to my age

LexFather

Every $1000 you owe ads about $50 to your monthly payment fyi

ae4life10

yea with 2.9 financing. the IS 250 is the one that im looking at. doe anyone have an idea on how to come up with 3k with short notice? i really want to get rid of this gas guzzler. for my trade in the pay-off is 32,000 which is a lot.

ae4life10

ok, LFS didn't approve me (not enough credit) but they said for me to increase my chances i would need a down payment. so does anyone know how i can get 3000.00 in a short notice for little to no credit?

tISk250

Unfortunatly idk, Im leasing an 08 250 AWD for 479 a month with sticker price being around 37k. To get 3000, ask 30 friends for $100 or 10 friends for $300. If you play video games sell the ones you don't want. Idk its hard to come up with $3000 in a short amount of time.

ae4life10

im almost ready to sell my brothers autographed baseballs but he would kill me. maybe i can take out a loan for 3-5,000 or what about those "pay day" loans. right now i have a credit score of 525 so what would people recommend?

Omnivor

Save up a little and maybe build up the credit score before you get yourself in over your head with a car that you really can't "afford"?

sailing217

You can't afford a lexus, new or CPO. Pay off all your other debt before thinking about a new car.

Lease with no money down these days for 3 years is close to the same as a 5-6 year note. So for your $31k base 250 will be around or a bit over $500 a month. Roll in your negative equity and they can get you in a base IS 250 for about $700 a month with taxes.

Find that $3000 cash and buy a beater in 8 months after the SUV lease is up. Chicks would rather date a guy with his own apartment than someone who has a nice car and lives at home.

You asked for what we would recommend and I'm being honest. Sorry to come across so bluntly.

ae4life10

i was thinking about selling my brothers autographed baseballs but he wouldn't be too happy. so does anyone of any legit places that offer low credit loans. or "pay day" loans. i need about 3-5,000. any help would be nice

Because i do work for a lexus dealer i get a discount $500 above invoice. because i am nineteen i haven't established enough credit. im trying to do this for my parents, and get them out of their 700.00 payment on the suv. and im a chick dude



credit score just udated, now up to 573

link13

Sailing is right (except for assuming you were a guy). You also need to be prepared to take a bath on the SUV lease when you turn it in early. That will be added to the total amount of the lease. You are better off riding out the lease on the Yukon (or whatever it is) than turning it in early and taking the hit. 19 is not a great time to be saddled with a bunch of debt. Then again, I can't think of an age that is good for that.