Is-F Lease
Driver School Candidate
Joined: Jan 2008
Posts: 12
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From: CA
Lexus Champion
Joined: Jun 2001
Posts: 2,639
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From: California
Lexus Fanatic
iTrader: (10)
Joined: Nov 2004
Posts: 13,441
Likes: 1,081
From: Under an IS F since 2008
I heard it was $900 monthly too, but I didn't know about any down payment?
BTW, GAP is included for free with all LFS leases.
...and if you must lease the this car, use the $8-$10k towards a MSD lease (so you get the money back at the end) and not as a down payment (where you can kiss that money goodbye). A down payment that large on a lease doesn't make any financial sense.
Good luck.
BTW, GAP is included for free with all LFS leases.
...and if you must lease the this car, use the $8-$10k towards a MSD lease (so you get the money back at the end) and not as a down payment (where you can kiss that money goodbye). A down payment that large on a lease doesn't make any financial sense.
Good luck.
Driver
Joined: Jul 2007
Posts: 146
Likes: 0
From: MD
I agree. Putting as much as $8000 down on a lease as some have said is insane, at least for a $60K car it is. Why put anything down other than that 1st payment? It's not a Ferrari.
Driver School Candidate
Joined: Apr 2007
Posts: 6
Likes: 0
From: FL
I agree as well, putting that much down for a lease is a waste...but what exactly is an "MSD" lease...don't think I have ever heard of it.
I heard it was $900 monthly too, but I didn't know about any down payment?
BTW, GAP is included for free with all LFS leases.
...and if you must lease the this car, use the $8-$10k towards a MSD lease (so you get the money back at the end) and not as a down payment (where you can kiss that money goodbye). A down payment that large on a lease doesn't make any financial sense.
Good luck.
BTW, GAP is included for free with all LFS leases.
...and if you must lease the this car, use the $8-$10k towards a MSD lease (so you get the money back at the end) and not as a down payment (where you can kiss that money goodbye). A down payment that large on a lease doesn't make any financial sense.
Good luck.
Driver School Candidate
Joined: Feb 2006
Posts: 4
Likes: 0
From: NC
with a 4000 down payment, 1000 in fees, an MSRP of 61500 which is how most of them will be in the Southeast, an approx residual of 56% for 36 months, 10k miles per year, and 3 % sales tax (varies from state to state) you are looking right at 942 per month...
i use MSD on all the leases i have had so far, works great. it doesn't make much sense to put so much money as down payment