Notices
LS - 4th Gen (2007-2017) Discussion topics related to the current flagship models LS460, LS460L and LS600H

2014 LS460L Lease?

Thread Tools
 
Search this Thread
 
Old May 19, 2017 | 03:22 PM
  #31  
1WILLY1's Avatar
1WILLY1
Lexus Test Driver
iTrader: (9)
 
Joined: Jul 2010
Posts: 5,085
Likes: 199
From: toronto
Default

Originally Posted by SW15LS
As I've suggested to you before, if you don't want to read what I post put me on your ignore list. I'm quite confident that the bulk of the folks in the LS forum appreciate my input, if you don't...ignore away.

The issue is that this has happened here for a long time, its not just this one post. Whenever people post a question about leasing somebody always comes along and tries to run down leasing or patronize the people who lease by posting sound bites from anti-leasing financial gurus. Its tiresome, and it keeps those of us that do lease from having meaningful discussions about leasing. Whenever we try and discuss a specific deal, etc it devolves into a back and forth about whether one should lease or not, which is off of the topic.

I personally think its silly to spend $25,000 on a car as old and high mileage as an LS460 would be to reach that price, yes. I think at that age one's money is better spent on a newer car of lesser caliber. I put my money where my mouth is, I had two ES sedans in my life that I bought new vs used LS's because the LS wasn't within my reach at the time. I only posted that in response to what was said about leasing being silly. If I posted my thoughts in every thread where people here discussed deals on old LS460s that would be as patronizing and off topic as it is to bring this discussion to the point where its about leasing vs buying. His question was about that particular deal, not leasing in general.
I can pull up literally dozens of old threads where you tell people how great of an idea it is to buy a used 460, how reliable they are and even how mileage is not a factor because they are so well built, and now you are completely contradicting yourself.

it seems like in your case this forum is more about you and your ego then it is about cars.

This is yet another thread that's been derailed off topic because of your need to be right all the time.

Last edited by 1WILLY1; May 19, 2017 at 03:27 PM.
Reply
Old May 19, 2017 | 03:25 PM
  #32  
SW17LS's Avatar
SW17LS
Lexus Fanatic
Active Streak: 60 Days
Loved
Community Favorite
Top Answer: 1
 
Joined: May 2012
Posts: 68,096
Likes: 3,870
From: Maryland
Default

The LS is a very reliable car, and mileage isn't as big as issue in this car as it is in other cars, but I still wouldn't buy an old one, nor do I think it's a good idea for somebody to buy an one and finance it if they don't have the right expectations and the ability to deal with the repairs that come from owning an older car that was originally this expensive. That opinion was not the point of what I posted though.

I also don't recall ever saying buying an old LS460 is a great idea. I don't think it is. Buying one 3-4 years old sure, I would not buy one older than that though. Only time I might is if I could pay cash, and if I wasn't going to put a lot of miles on it. I don't think it's a good idea to be making payments on something with 100k miles though.

Last edited by SW17LS; May 19, 2017 at 03:31 PM.
Reply
Old May 19, 2017 | 03:37 PM
  #33  
SW17LS's Avatar
SW17LS
Lexus Fanatic
Active Streak: 60 Days
Loved
Community Favorite
Top Answer: 1
 
Joined: May 2012
Posts: 68,096
Likes: 3,870
From: Maryland
Default

Anyways, ricknchar have you bought the car yet?
Reply
Old May 20, 2017 | 08:55 AM
  #34  
R Z's Avatar
R Z
Pole Position
15 Year Member
Photogenic
Liked
 
Joined: May 2008
Posts: 2,210
Likes: 348
From: Tennessee
Default

Originally Posted by SW15LS
Please don't. We're all smart enough to make our own financial decisions. Any thread that discusses a lease always descends into people trying to preach to those of us who lease how wrong we are.

Nobody asked whether leasing was smart, all he did was ask if that particular deal was a good deal or not. You make decisions for you, we can make decisions for us.

Sorry to snap at you but it's really a huge problem here and it's annoying as hell.
Ahhh, sorry you didn't finish reading my statement. I said it's only my opinion. So, I shouldn't voice my opinion, only you can do that? Nice forum. I'll say it again, I would never fleece a car. Over and out.
Reply
Old May 20, 2017 | 09:06 AM
  #35  
SW17LS's Avatar
SW17LS
Lexus Fanatic
Active Streak: 60 Days
Loved
Community Favorite
Top Answer: 1
 
Joined: May 2012
Posts: 68,096
Likes: 3,870
From: Maryland
Default

Originally Posted by R Z
Ahhh, sorry you didn't finish reading my statement. I said it's only my opinion. So, I shouldn't voice my opinion, only you can do that? Nice forum. I'll say it again, I would never fleece a car. Over and out.
As I said before, do you think I would get a reaction from people if I posted in a thread where somebody is buying a 9-10 year old LS460 asking about pricing, and off topic said "I think it's silly to do that, you should just buy a Camry or something". That's just my opinion right? I actually do have that opinion, but posting it out of topic would be rude and I don't.

He asked about that particular lease deal, and if you read what I told him I told him that wasn't a good deal. He did not ask for an opinion on leasing in general.

The issue is it's not "just a friendly opinion", your use of the term "fleece" is derogatory. I lease, and I don't get "fleeced" thank you very much.

Last edited by SW17LS; May 20, 2017 at 09:19 AM.
Reply
Old May 21, 2017 | 02:07 AM
  #36  
Junglequac's Avatar
Junglequac
Lead Lap
 
Joined: Jun 2016
Posts: 524
Likes: 39
From: Knoxville, Tennessee
Default

I too fall in the camp against leasing the 2014 and selling your 600 outright and using the proceeds as a downpayment on that quite special 460 that you are looking at. I do hope you get that 460 regardless as I would love to see some pictures of it as it appears to be a hell of a car.
Reply
Old May 21, 2017 | 09:36 AM
  #37  
ragingf80's Avatar
ragingf80
Pole Position
 
Joined: Mar 2017
Posts: 358
Likes: 11
From: CA
Default

Originally Posted by Junglequac
I too fall in the camp against leasing the 2014 and selling your 600 outright and using the proceeds as a downpayment on that quite special 460 that you are looking at. I do hope you get that 460 regardless as I would love to see some pictures of it as it appears to be a hell of a car.
down payments don't make any sense on leases unless there is something different about leasing a used car I wouldn't do it.
Reply
Old May 21, 2017 | 10:11 AM
  #38  
SW17LS's Avatar
SW17LS
Lexus Fanatic
Active Streak: 60 Days
Loved
Community Favorite
Top Answer: 1
 
Joined: May 2012
Posts: 68,096
Likes: 3,870
From: Maryland
Default

That's what he's saying, use the 600 as a downpayment to buy the 2014.
Reply
ClubLexus Stories

Celebrating Lexus & Toyota from Around the Globe

story-0

TRD Off-Road Premium: Best 2026 4Runner, Except This One Thing

 Michael S. Palmer
story-1

Top 10 Lexus & Toyotas to Drive Before You Die!

 Joe Kucinski
story-2

Top 10 Lexus/Toyotas With The LEAST 5-Year Depreciation

 Joe Kucinski
story-3

Lexus LC500 Convertible Auction: A Preview of Rising Values?

 Brett Foote
story-4

GX 550 vs TX 550: Best 3-Row Luxury Lexus Family Hauler

 Michael S. Palmer
story-5

9 Best Lexus Models You Can Buy for Half Price (And 1 You Shouldn't!)

 Joe Kucinski
story-6

2026 Lexus NX Buyer's Guide: Models, Features, Prices & More!

 Brett Foote
story-7

Top 10 Reasons to Buy a Lexus TX 550h+ (& 3 Reasons to AVOID!)

 Michael S. Palmer
story-8

Top 10 Lexus & Toyota Models of the 1990s RANKED!

 Joe Kucinski
story-9

10 Great Toyotas That Could Have Been Lexus Models

 Joe Kucinski
Old May 21, 2017 | 10:55 AM
  #39  
riknchar's Avatar
riknchar
Thread Starter
Instructor
 
Joined: Aug 2013
Posts: 1,211
Likes: 233
From: Nebraska
Default

To update everyone on my status, I have not pulled the trigger yet on the "Unicorn" 2014 LS460L. I certainly appreciate everyone's point of view, and I recognize that finding this particular car with all Lexus options, and only 6K miles, in a good color scheme, is certainly unusual. If I was hard-core looking for a new LS460 right now, there's no question that I'd immediately jump on this deal.

I actually just stumbled onto the deal by my random surfing of AutoTrader (a very dangerous habit!), and I'm still trying to wrap my head around whether now is the right time to jump out of my 2008 LS600hL. As I mentioned earlier, I bought the Extended CPO warranty on the 600 when I bought it 3 years ago, and I'm fully covered for another 3 years/44K miles. I still love the car, and there is absolutely nothing wrong with it today. I really had fully intended to keep it for the full 6 years of warranty coverage.

So I'm kind of just taking my time on this deal right now, letting the idea grow on me. I know I am running the risk someone else will ****** up this "unicorn" while I'm stewing, and if that happens, so be it. I really don't feel like the price is anything special -- but the car is unique, and it will probably sell. I told the McGrath salesman I wasn't ready to pull the trigger yet (at $62,500), and that I thought the right price for the car was closer to $56-58K. I thought this might stimulate further negotiations/price reductions, but so far no luck. If McGrath calls back tomorrow (or next week, or next month) and says the car hasn't sold, and that they'd take $58K (or less), I'd probably be more motivated.

Thanks again for all the thoughts/opinions! If anyone else on the forum is considering buying this amazing car, don't hesitate waiting on me to make a decision - go for it!
Reply
Old May 23, 2017 | 06:14 AM
  #40  
L8RSk8R's Avatar
L8RSk8R
Pole Position
 
Joined: Nov 2012
Posts: 227
Likes: 8
From: Ca
Default

If this LS460L http://www.mcgrathlexusofchicago.com...-IL/2981763183 had a black exterior, I'd be considering a trip to Chicago.
Reply
Old May 23, 2017 | 07:43 AM
  #41  
riknchar's Avatar
riknchar
Thread Starter
Instructor
 
Joined: Aug 2013
Posts: 1,211
Likes: 233
From: Nebraska
Default

So I just spoke with McGrath Lexus again to see if we could move closer to a deal on the low-mileage LS460L, and I learned that the car sold to a buyer in Phoenix AZ on Saturday (for full asking price). I knew that was a risk, and in some ways I'm actually relieved. I snoozed, and I "losed..."

I do see very nice new 2014 LS460Ls popping up every day, though (mostly coming off lease, I believe), and I'll keep my eyes open for bargains.

Thanks to all for their thoughts/opinions!
Reply
Old May 23, 2017 | 09:16 AM
  #42  
R Z's Avatar
R Z
Pole Position
15 Year Member
Photogenic
Liked
 
Joined: May 2008
Posts: 2,210
Likes: 348
From: Tennessee
Default

Originally Posted by SW15LS
As I said before, do you think I would get a reaction from people if I posted in a thread where somebody is buying a 9-10 year old LS460 asking about pricing, and off topic said "I think it's silly to do that, you should just buy a Camry or something". That's just my opinion right? I actually do have that opinion, but posting it out of topic would be rude and I don't.

He asked about that particular lease deal, and if you read what I told him I told him that wasn't a good deal. He did not ask for an opinion on leasing in general.

The issue is it's not "just a friendly opinion", your use of the term "fleece" is derogatory. I lease, and I don't get "fleeced" thank you very much.
Again this is my opinion. I don't think it's wrong if someone posts on here about an old car and you recommend a Camry. You don't think people come on here looking at all options? If they don't want to hear all answers, they best stay away from forums. And yes the term fleece is from Dave Ramsey. I agree with him, which as my opinion, I see no harm in offering the comment when someone mentions leasing a used car no matter what. I just happen to find a lease derogatory. I've had one once and it too was a write off, a very expensive write off that left me with nothing. I have no issues with us disagreeing. That's part of being a member of anything internet related. I never intended to change yours or anyone's mind because I know that can't be done. But offering all sides of a conversation shouldn't be an issue even though you don't agree.
Reply
Old May 23, 2017 | 09:28 AM
  #43  
SW17LS's Avatar
SW17LS
Lexus Fanatic
Active Streak: 60 Days
Loved
Community Favorite
Top Answer: 1
 
Joined: May 2012
Posts: 68,096
Likes: 3,870
From: Maryland
Default

I had a feeling the car would sell...

RZ, it's condescending and it's rude. Those of us who do lease can make our own financial decisions, and it's not fair to make every thread that discusses a lease deal or how to negotiate a lease deal become a back and forth about whether leasing is a ripoff or not. It's not just this thread, it's EVERY time it comes up and it's tiresome. Not sure why that's so hard to understand.

If it's a thread about "leasing vs buying" or "should I lease or buy" that's a different thing. But somebody posts and says "is this a good lease deal" or "how should I negotiate this lease deal" and people post this stuff off topic and it totally derails the thread.
Reply
Old May 23, 2017 | 11:47 AM
  #44  
ragingf80's Avatar
ragingf80
Pole Position
 
Joined: Mar 2017
Posts: 358
Likes: 11
From: CA
Default

Originally Posted by R Z
I'm not one to do a lease or what I affectionately call a fleece. You have nothing to show when you've made your last payment, if you go over your miles you pay more, and if you damage the car you pay to repair. Still all that money spent and nothing to show at the end of the term. With a purchased LS you have two options: 1. You can pay it off and use it on trade on your next vehicle or 2. Keep the car and enjoy life without a car payment.

That's just my opinion.
Yes, that's your opinion, but you are making a lot of assumptions to make a blanket statement like that. Some of us don't want to drive a car past 3 years or even 6. You are being insulting with these types of blanket statements and I'll tell you why:

The difference between my opinion and your opinion is that I did the homework and I know whats best for my situation, but I don't assume its the best for others. You, on the other hand, assume that what's best for you is best for everyone else. Sorry, that kind of hubris is reserved for the truly self-centered.
Reply
Old May 23, 2017 | 12:17 PM
  #45  
SW17LS's Avatar
SW17LS
Lexus Fanatic
Active Streak: 60 Days
Loved
Community Favorite
Top Answer: 1
 
Joined: May 2012
Posts: 68,096
Likes: 3,870
From: Maryland
Default

Originally Posted by ragingf80
Yes, that's your opinion, but you are making a lot of assumptions to make a blanket statement like that. Some of us don't want to drive a car past 3 years or even 6. You are being insulting with these types of blanket statements and I'll tell you why:

The difference between my opinion and your opinion is that I did the homework and I know whats best for my situation, but I don't assume its the best for others. You, on the other hand, assume that what's best for you is best for everyone else. Sorry, that kind of hubris is reserved for the truly self-centered.
Exactly, which is why it would be rude to subject people shopping for these cars when they're older and comparing prices and getting advice on that subject to my opinion that I wouldn't buy a car that old for that much money. My value judgements aren't their value judgements, and its off topic.
Reply



All times are GMT -7. The time now is 06:48 PM.

story-0
TRD Off-Road Premium: Best 2026 4Runner, Except This One Thing

Slideshow: diving into 4Runner TRD Off-Road Premium's pricing, performance, fuel economy, features, and amenities!

By Michael S. Palmer | 2026-04-23 13:09:18


VIEW MORE
story-1
Top 10 Lexus & Toyotas to Drive Before You Die!

Slideshow: the 10 Lexus and Toyota vehicles you need to drive before you die.

By Joe Kucinski | 2026-04-23 10:34:24


VIEW MORE
story-2
Top 10 Lexus/Toyotas With The LEAST 5-Year Depreciation

Slideshow: Top 10 Lexus/Toyota models with the lowest 5-year depreciation rate.

By Joe Kucinski | 2026-04-08 12:19:06


VIEW MORE
story-3
Lexus LC500 Convertible Auction: A Preview of Rising Values?

The LC hasn't even disappeared from the Lexus lineup yet, and we're already seeing signs of an explosive market.

By Brett Foote | 2026-04-06 09:25:02


VIEW MORE
story-4
GX 550 vs TX 550: Best 3-Row Luxury Lexus Family Hauler

Slideshow: comparing the pricings, specs, power, fuel economy, fun-factor, and features of the GX 550 Luxury+ and TX 550h+ Luxury.

By Michael S. Palmer | 2026-03-19 13:44:11


VIEW MORE
story-5
9 Best Lexus Models You Can Buy for Half Price (And 1 You Shouldn't!)

Slideshow: 9 best Lexus models you can buy for half price and 1 you should avoid

By Joe Kucinski | 2026-03-19 12:01:07


VIEW MORE
story-6
2026 Lexus NX Buyer's Guide: Models, Features, Prices & More!

Here's everything you need to know about the latest NX.

By Brett Foote | 2026-03-19 11:56:59


VIEW MORE
story-7
Top 10 Reasons to Buy a Lexus TX 550h+ (& 3 Reasons to AVOID!)

Slideshow: reviewing the 2026 Lexus TX 550h+ Luxury plug-in hybrid crossover SUV!

By Michael S. Palmer | 2026-03-05 19:04:47


VIEW MORE
story-8
Top 10 Lexus & Toyota Models of the 1990s RANKED!

Slideshow: Top 10 Lexus and Toyota model of the 1990s ranked.

By Joe Kucinski | 2026-03-04 12:35:11


VIEW MORE
story-9
10 Great Toyotas That Could Have Been Lexus Models

Slideshow: 10 Toyotas that could have been Lexus models.

By Joe Kucinski | 2026-02-19 11:44:33


VIEW MORE