Leased Lexus with MODS???
Thread Starter
Driver
Joined: Jul 2013
Posts: 180
Likes: 1
From: LOS ANGELES, CA
Leased Lexus with MODS???
I have a question for you guys. This is my 1st time leasing a car and wanted to know if I change anything major on my car like Intake System or Exhaust System would the dealer have any issues with it when i take it to get it services. I'm planing on staying with the car after my lease is over because i really like that car but in the case i do decide to return it the dealer I will change it back to stock. Anybody know if dealers have an issue with this 
Lexus Fanatic
Joined: May 2012
Posts: 69,224
Likes: 4,221
From: Maryland
You're fine, you would just have to change it back to stock if you turn it in. The dealer doesn't own the car, Lexus Financial Services owns the car.
If your plan is to stay with the car, why are you leasing? It would be cheaper for you to just buy it upfront.
If your plan is to stay with the car, why are you leasing? It would be cheaper for you to just buy it upfront.
Thread Starter
Driver
Joined: Jul 2013
Posts: 180
Likes: 1
From: LOS ANGELES, CA
I'm a 1st time Auto buyer with no huge credit history so it was cheaper for me to lease the car then to finance it that's why. Monthly payments were to high if I were to finance and lease it's pretty low at the end. But I'm planing on buying the car after my lease is over.
Lead Lap
Joined: Jun 2013
Posts: 559
Likes: 2
From: Bay Area, CA
I leased mine (needed the business write off) and plan to mod it. I dont plan on keeping mine though when the lease is done. The service department usually doesnt care if its leased or purchased. In fact Im not sure if they can even tell from their system?
Last edited by John510; Jul 26, 2013 at 01:20 PM.
I'm a 1st time Auto buyer with no huge credit history so it was cheaper for me to lease the car then to finance it that's why. Monthly payments were to high if I were to finance and lease it's pretty low at the end. But I'm planing on buying the car after my lease is over.
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Lexus Fanatic
Joined: May 2012
Posts: 69,224
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From: Maryland
Its none of my business and its not the topic of the thread, but I just hate to see people do things the wrong way.
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Lead Lap
Joined: Dec 2010
Posts: 596
Likes: 2
From: FL- Miami
dont worry ab it. i leased mine knowing i wouldnt even last the length of the lease.
i returned mine (with no trade in) with...
HID kit, tinted windows, lowering springs, vinyled emblems, vinyled eyebrows. etc. etc.
the mechanics have a hay day.
i returned mine (with no trade in) with...
HID kit, tinted windows, lowering springs, vinyled emblems, vinyled eyebrows. etc. etc.
the mechanics have a hay day.
Lexus Fanatic
Joined: May 2012
Posts: 69,224
Likes: 4,221
From: Maryland
If you returned the car before the end of the lease, it was a trade-in not a true lease return. Thats a different story. If you actually turn it back in at the end of the lease LFS will definitely charge you to bring it back to stock if you don't beforehand.
Lead Lap
Joined: Dec 2010
Posts: 596
Likes: 2
From: FL- Miami
if true, then the advice should be to return prior to the end of the lease, yah?
Instructor
Joined: Sep 2011
Posts: 770
Likes: 108
From: Fl
Ok people, you never ever ever return a lease at the end... always trade it in before then end so like it was said, you are not "returning" it you are "trading" it in. This way they don't look at any modifications, any inperfections or even the miles... well, they look at it but for the appraisal of the car not for the lease purposes.
Lexus Fanatic
Joined: May 2012
Posts: 69,224
Likes: 4,221
From: Maryland
Originally Posted by Slash300zx
Ok people, you never ever ever return a lease at the end... always trade it in before then end so like it was said, you are not "returning" it you are "trading" it in. This way they don't look at any modifications, any inperfections or even the miles... well, they look at it but for the appraisal of the car not for the lease purposes.
This is the problem. The payment is low because of the high residual. High residual makes the buyout price high...when you factor in the cost of leasing it, buying it at the end and financing it for the number of years you would have to in order to keep the payment somewhere close to the lease payment your cost is more than just buying it upfront despite the higher payments. The only reason to do it the way you've done it is because you need the business write off.
Its none of my business and its not the topic of the thread, but I just hate to see people do things the wrong way.
Its none of my business and its not the topic of the thread, but I just hate to see people do things the wrong way.
