Join Date: Nov 2013
Mentioned: 2 Post(s)
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PS to OLT: there is a third option, and it is the least expensive method of buying a car: paying cash for it. The Lessor is buying the car from Lexus, letting you use it for a fee, then selling it on the market 5 or six years down the road, and is making a lot of money on that three step deal. Buying the car yourself, driving it as much or as little as you want, and selling it whenever you want just cuts out the middleman and puts all of his profit into your pocket. Works for me. I just bought an RC350 last Friday, and the dealer still takes regular money.
i was going to pay cash but they suggested a lease ................
my lease is ,after the complaint i filed ,( see new member intro )
$24,661 up front payment (before complain it was 26,661)
15k miles per year
free service up to 15 k
residual $34,383.plus tax so --36.618
total if i buy $26,661 +36,618= $63,279
vs list of $ 55,000 plus stealer charges $1,300 plus tax $3659=. = $ 59,959.
or against me of ($ 3,320.)
therefore , i am paying an extra 3,320 plus added dealer profits and zero discount which would have reduced this to around a gross to me of est. $6,000.
leasing is always a bad deal and this is why stealers push it .
and before you sign any leases read line F RENT here they hide added profits.
hmmm doesnt seem that bad because after said and doen is around 18k. I would much rather save that and buy something to keep rather than having to fork out almost 20k to rent it for just over 2 months.