Special CPO Lease Advice - 2013 350
06-02-15, 08:44 PM
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Special CPO Lease Advice - 2013 350
Have never leased before and have had two non-Lexus cars previously both purchased. Considering leasing and am a total newbie on leasing. I like the look of the 2013 350 and a dealer has a CPO one available with the features I am looking for. I read through the threads on leasing and general and - whoa - that was a lot to take in even for a new car. Lot of stuff that I was not familiar with to begin with. No trade in would be involved - dealer says cap cost would need to be paid which I would have to keep on my list to find out along with whatever else is due at signing. Most likely will not keep the car afterwards and go into the new Lexus everyone is talking about once this lease ends. Thinking is my head is that I get into a Lexus at a manageable lease payment and see how it goes over the term. Looking at this vehicle as one to get me into a car that I like and need to make a move as current car is giving up the ghost. Have read that CPO leases are their own animal and have different issues.
Looking for some advice on what information to get beyond the obvious (cap cost, duration, other costs at signing, mileage per year, etc.) to help me figure out if what they are offering is a good deal and help me negotiate it. Have seen pricing for brand new 350 leasing which is helpful to some extent. Car listed by dealer at 36k and change for sale and 379/mo for lease (plus cap costs and whatever else at signing). Has luxury package, navigation and 19k miles. I believe I would be Tier 1 credit based on scores and what I have read. Duration not provided in listing. Any tips or guidance would be greatly appreciated. Looking forward to getting myself into a Lexus.
Looking for some advice on what information to get beyond the obvious (cap cost, duration, other costs at signing, mileage per year, etc.) to help me figure out if what they are offering is a good deal and help me negotiate it. Have seen pricing for brand new 350 leasing which is helpful to some extent. Car listed by dealer at 36k and change for sale and 379/mo for lease (plus cap costs and whatever else at signing). Has luxury package, navigation and 19k miles. I believe I would be Tier 1 credit based on scores and what I have read. Duration not provided in listing. Any tips or guidance would be greatly appreciated. Looking forward to getting myself into a Lexus.
06-02-15, 10:40 PM
#2
Lexus Test Driver
Have never leased before and have had two non-Lexus cars previously both purchased. Considering leasing and am a total newbie on leasing. I like the look of the 2013 350 and a dealer has a CPO one available with the features I am looking for. I read through the threads on leasing and general and - whoa - that was a lot to take in even for a new car. Lot of stuff that I was not familiar with to begin with. No trade in would be involved - dealer says cap cost would need to be paid which I would have to keep on my list to find out along with whatever else is due at signing. Most likely will not keep the car afterwards and go into the new Lexus everyone is talking about once this lease ends. Thinking is my head is that I get into a Lexus at a manageable lease payment and see how it goes over the term. Looking at this vehicle as one to get me into a car that I like and need to make a move as current car is giving up the ghost. Have read that CPO leases are their own animal and have different issues.
Looking for some advice on what information to get beyond the obvious (cap cost, duration, other costs at signing, mileage per year, etc.) to help me figure out if what they are offering is a good deal and help me negotiate it. Have seen pricing for brand new 350 leasing which is helpful to some extent. Car listed by dealer at 36k and change for sale and 379/mo for lease (plus cap costs and whatever else at signing). Has luxury package, navigation and 19k miles. I believe I would be Tier 1 credit based on scores and what I have read. Duration not provided in listing. Any tips or guidance would be greatly appreciated. Looking forward to getting myself into a Lexus.
Looking for some advice on what information to get beyond the obvious (cap cost, duration, other costs at signing, mileage per year, etc.) to help me figure out if what they are offering is a good deal and help me negotiate it. Have seen pricing for brand new 350 leasing which is helpful to some extent. Car listed by dealer at 36k and change for sale and 379/mo for lease (plus cap costs and whatever else at signing). Has luxury package, navigation and 19k miles. I believe I would be Tier 1 credit based on scores and what I have read. Duration not provided in listing. Any tips or guidance would be greatly appreciated. Looking forward to getting myself into a Lexus.
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