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Car Forum / Lexus Cars / February 2009Pre-paid Lease versus Purchase
Currently looking at the 2009 IS. Since we will drive the car only 7500 miles a year, the dealer is suggesting a 3 year prepaid lease versus purchase. Since we have a clear title on our existing 4 year old car, the dealer says we could get the lease plus a check back for the difference so there would be no cash outlay this time around. We generally trade our car in every 4 years to maximize trade in value. Any thoughts, pro or con, regarding this? Thanks. Alan Under the current economic climate, and plunging vehicle sales & values its almost impossible to predict the future value if purchased, that said a lease will be a guaranteed amount > Currently looking at the 2009 IS. Since we will drive the car only > 7500 miles a year, the dealer is suggesting a 3 year prepaid lease [quoted text clipped - 5 lines] > > Alan In this economy you can probably keep the 4 year old to trade later, and tell the dealer to set up a new lease with no cash down. See if you can lop another 25% off monthly. Nobody wants a Lexus (or IS in particular) in this economy, so the dealer should give you a better deal. > Currently looking at the 2009 IS. Since we will drive the car only > 7500 miles a year, the dealer is suggesting a 3 year prepaid lease [quoted text clipped - 5 lines] > > Alan The following folks were discussing RX, saying that the dealer can throw $9K in your face and still make a good profit. I've read one owner got $13K off. The 2010 are coming, so the dealer should be willing to dump the 2009s. http://townhall-talk.edmunds.com/direct/view/.f0cbfbf/1814 > Currently looking at the 2009 IS. Since we will drive the car only > 7500 miles a year, the dealer is suggesting a 3 year prepaid lease [quoted text clipped - 5 lines] > > Alan |
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