My Love - The 2006 LS430 UL
#16
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LOL we all get those comments. Meanwhile I enjoy the car. Got the grief from my wife. Now she wants the keys. I've owned a lot of cars (including an MB) but never one that I invent reasons to drive somewhere just because its so comfortable. I live in a town where everyone drives a Prius or shoebox size car. Thanks but I'll keep my LS.
#17
Lexus Fanatic
There was a dare to compare email that the Lexus dealer sent me, comparing the IS350 to the competition. Boy, that car has no torque, I can't believe they send such a grid. imho 4 cyl as it is, a 2017 Audi A4 is way better than an IS--my sis in law just bought one. A Kia is a rental car that even I don't have to get (my co. does the GTI or Caddy CTS etc.). But I have driven one before and it was ok.
#19
Well - I would not go that far. And I do not mean to be harsh. He rolled a lease finance deal into an used car deal. And my position is - never ever do that if you wish to be financially independent and well off in this country.
Now, with that said, I do think you have to live your life too! I like the color! Sometimes I wish I could swap colors - the white makes it glaringly obvious that I have not washed the car.
Now, with that said, I do think you have to live your life too! I like the color! Sometimes I wish I could swap colors - the white makes it glaringly obvious that I have not washed the car.
#21
Lexus Fanatic
Well - I would not go that far. And I do not mean to be harsh. He rolled a lease finance deal into an used car deal. And my position is - never ever do that if you wish to be financially independent and well off in this country.
Now, with that said, I do think you have to live your life too! I like the color! Sometimes I wish I could swap colors - the white makes it glaringly obvious that I have not washed the car.
Now, with that said, I do think you have to live your life too! I like the color! Sometimes I wish I could swap colors - the white makes it glaringly obvious that I have not washed the car.
i caved on the LS and let them add $75 for conveyance. Leases have tons of these added nothing fees....I will never ever lease, not even when I start drawing on my pensions 20 yrs from now.
#22
Well - I would not go that far. And I do not mean to be harsh. He rolled a lease finance deal into an used car deal. And my position is - never ever do that if you wish to be financially independent and well off in this country.
Now, with that said, I do think you have to live your life too! I like the color! Sometimes I wish I could swap colors - the white makes it glaringly obvious that I have not washed the car.
Now, with that said, I do think you have to live your life too! I like the color! Sometimes I wish I could swap colors - the white makes it glaringly obvious that I have not washed the car.
#23
Only if you paid cash. If you do all of the above but roll your lease costs into an auto loan - you are already under water.
#24
Lexus Fanatic
For kicks as I hate seeing my savings go down, I asked the dealer what rate I could get on the 2006 LS430. He goes, "We can probably do 2.99% for 36 mos., I just did a car about the same age.
NO WAY, WHY WOULD I WANT TO PAY DOUBLE THE GOING RATE FOR A LOAN?? I said no, I'll just pay cash, but what's the maximum I can put on my credit card for points? "$2,500." That was a whopping credit card bill that month, over $4k.....
edit again, I was all over the place, thinking I might get a GTI, then a Golf R, then a M2, then a used M3, in spring 2017. So the LS saved me potentially being 30k in debt, or maybe even 40k on the M3 (breaking my 50% rule because the principal is steep).
#25
Well - I would not go that far. And I do not mean to be harsh. He rolled a lease finance deal into an used car deal. And my position is - never ever do that if you wish to be financially independent and well off in this country.
Now, with that said, I do think you have to live your life too! I like the color! Sometimes I wish I could swap colors - the white makes it glaringly obvious that I have not washed the car.
Now, with that said, I do think you have to live your life too! I like the color! Sometimes I wish I could swap colors - the white makes it glaringly obvious that I have not washed the car.
Lease (450/mo x 3 years). 15k buyout. Possible total cost 32k. Own possible 7 years (unless cash buyout)
Purchase (15k buy, 2k lease, tax, dealer, 4% 5 years). Monthly payment 336. Total cost roughly 20k. Own in 5 years (or sooner w/ a little overpay).
For getting out the lease, own an exceptional LS, lower monthly payments, no buyout, and save possibly 10k. If my numbers are even close, looks like a good call.
#26
Leasing a late model IS is a lot more expensive than buying a 12 yr old LS. Without real numbers and terms, can only do a rough estimate.
Lease (450/mo x 3 years). 15k buyout. Possible total cost 32k. Own possible 7 years (unless cash buyout)
Purchase (15k buy, 2k lease, tax, dealer, 4% 5 years). Monthly payment 336. Total cost roughly 20k. Own in 5 years (or sooner w/ a little overpay).
For getting out the lease, own an exceptional LS, lower monthly payments, no buyout, and save possibly 10k. If my numbers are even close, looks like a good call.
Lease (450/mo x 3 years). 15k buyout. Possible total cost 32k. Own possible 7 years (unless cash buyout)
Purchase (15k buy, 2k lease, tax, dealer, 4% 5 years). Monthly payment 336. Total cost roughly 20k. Own in 5 years (or sooner w/ a little overpay).
For getting out the lease, own an exceptional LS, lower monthly payments, no buyout, and save possibly 10k. If my numbers are even close, looks like a good call.
Terminating a lease before it fully expires isn't a matter of returning the car and walking away. Assume a lease buyout or termination fee. Add that fee to a purchase value for the LS. Roll that into an auto loan. And now you are under water. Infact, even a cash purchase would put you under water.
And OP - this isn't to suggest you did anything wrong. Frankly, feeling miserable in an IS to feeling great in an LS is probably the best decision you made.
#28
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#29
Yes. End of conversation on finances. Congrats on getting a LS with the incredibly low miles and even the color you wanted.
Look forward to your comments as you get to enjoy the car.
Look forward to your comments as you get to enjoy the car.
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KaiserSea1
LS - 3rd Gen (2001-2006)
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08-02-10 10:42 PM