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Prices Paid: Buying & Leasing Experiences Lexus IS 250 / IS 350 Lease Questions
1165 messages, Last post on Nov 17, 2009 at 6:18 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: Car_man (Feb 09, 2009 4:38 am)
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Replying to: Car_man (Feb 09, 2009 4:02 am) Thanks. c
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Replying to: DTOM (Feb 09, 2009 5:51 am) Are you saying that the dealer is offering you free tires for life if you have all of your service performed there. That's a great deal if if only involves getting oil changes...however if it forces you to have all sorts of other worthless service done on your leased vehicle (which I suspect it does) then I would probably pass if I was offered it. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: sharp9 (Feb 09, 2009 5:05 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Feb 10, 2009 3:00 am) It just specified that you have your manufacture's recommend services as specified in the manual carried out at the appropriate intervals with them. I asked the dealer why they sell this package: 1) It can be hard to sell a IS250 with the tire life. 2) It retains customers with that particular dealership. He want my service business and for me to purchase my next car from him. I'm going to ask for a copy of the contract one would sign, not just the pamphlet to see if there are some gotchas in there. What if I move out of state etc.
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Replying to: DTOM (Feb 10, 2009 7:40 am) It was about $900 to replace them at Discount Tire. If you are going to lease the car figure one tire change, maybe two. $1000 for the tire plan, plus the requirement to do all regular maintenance at the dealer sounds like a major rip off. |
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I've wanted the Lexus IS250 from the time it came out. I'm reminded of it everytime I see one on the road, which is very often to be honest, and I think I'm reaching my breaking point. There's no way that I could afford a $600 to $700 dollar monthly payment so, financing is out of the question. What about leasing? I know I would have to give it back at the end of my lease, but at least I will be able to drive it for a few years. What about financing the residual? That would be about 9 years of payments. Maybe I should just suck it up and finance for 6 years. What can I say, I've had the Lexus IS250 itch since 2006. Are there any hidden fees if I decide to finance the residual? I weclome all comments and constructive criticism. I would have to get the AWD because I live in Pa. Thanks in advance to everyone.
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Replying to: drseif (Feb 09, 2009 9:55 am) |
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Replying to: gardner5236 (Feb 11, 2009 5:58 pm)
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Replying to: kingpcgeek (Feb 12, 2009 8:07 am) The down side with leasing to me is: - It requires more education to understand the price you are paying. I had a spreedsheet with me at the dealer to convert MF to APR and see the rent etc. - Rolling from lease to lease means you never pay off a car, build equity, and enjoy a period of no car payments. However, I think I'm betting putting the difference between lease and loan payments into a CD will do better than building equity in a car. I've really don't like the hassle of selling cars and taking the risk on the residual value. My aversion may come from owning too many VWs that end up underwater.
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