Originally Posted by dezymond (Post 15467659)

Seems to me alot of former 3G owners move onto Lexus. Congrats on the new car and hope you enjoy it.

Originally Posted by NBP04TL4ME (Post 15467677)

Congrats and best of luck with your new chariot :cheers:

Originally Posted by erdoc48 (Post 15467708)

Nice upgrade, but I guess my only question is why? Your TL-S was a really stunning car and you indicated in your build thread it had low miles when you got it 1 year ago.

Originally Posted by EddieOnAZ (Post 15467734)

That was indeed a very clean TL, why did you decide to move on?

Gorgeous Lexus though :yum:

Originally Posted by truonghthe (Post 15467776)

congrats, if I in the market for upgrade I would also go for the IS350 F sport or the GS350 F sport model. Acura is death to me now, no sporty or a good design been seen since the 3g TL.

Originally Posted by dj5 (Post 15467845)

Very nice looking car. I stopped and looked at the same color combo on a RCF on Saturday. Waiting to see what the GS F looks like and will be making the move over to Lexus within the next year or so. The new TLX is just too plain Jane. Acura needs a Type S version to keep the enthusiast from leaving the brand. Congrats on the new ride. The white really looks great.

Originally Posted by petesbimmer (Post 15467785)

Yea that is true bro, probably cause it's the only Japanese brand that is comparable to Acura's quality and reliability! Thanks!:thumbsup:

Thanks!:thumbsup:





Thanks guys!:thumbsup: So the reason why I chose to part with the TL-S (even though I didn't want to)is because 1st. I was able to sell it to get most of the 6k DP that I put down on the car, back to my savings account. Second, I got a bomb ass deal leasing the Lexus, and didn't have to put any money down except for security deposits to put my interest close to 0% and I will get all of it back at the end of the please. And the Lexus is a brand new car which means better technology and warranty :tongue: I wanted to sell the TL-S to people I know, but none of them were ready to purchase a car immediately :(
Anyways, here's my numbers for leasing the Lexus if anyone's wondering. I did good negotiating with them :toocool:
2015 IS350 F Sport AWD Ultra White on Rioja Red Leather with BlindSpotMonitoring, Nav, Accesory Package, etc. No Mark Levinson Sound system though.
MSRP $49,880
Negotiated Selling Price $44,000
Rebate: $500
Term: 27months/10k
Residual: $34,980
Money Factor: .00001 =(0% APR)(7 MultipleSecurityDeposits put down, total of $2450, which I will get all back at the end of lease)
Monthly Payment: $337/month !!
NO MONEY DUE AT SIGNING AT ALL
They paid for all my acquisition fee, doc fee, dealer, FIRST MONTH, etc.

Originally Posted by screaminz28 (Post 15468028)

I know absolutely zero about leases - is the money factor essentially the rate that your monthly payment is calculated on?

337/month for 27 months is 9099. Add that to the 34980 residual and you're only at 44,079.

I always wondered how people drove around in 50K cars all the time. That car would cost nearly 1100/month on a 4 year loan with no money down.

Normally I'd say a lease is a way to lose money, but even after 27 months, your residual is around what a 2013 IS350 is selling for now, so it's as if you put 9K down over two years and got to drive the car. Granted, I guess if you don't buy out the residual, you lose that cash, but driving a 50K car for 337/month aint a bad deal at all!

Originally Posted by petesbimmer (Post 15468119)

Technically, $43,742 cause first month was all paid for :tongue: But yes, leasing can also be a way to drive an expensive for a couple years or so. The way I see it is, even if you finance a car, you will lose those monthly payments you made. When I sold my Type S, I got most of my DP back in equity, but none of my payments of course. I was able to get my monthly payment this low because I know how to count leases with the residual and money factor. They originally gave me a monthly payment of $525/month, then negotiated, and said $480 'was the lowest and best they could do', but then was still able to get $337 :pbnj:

Originally Posted by shownfu (Post 15468402)

Can you share how you negotiated? What do you even say? "I want to pay 337" over and over?

Originally Posted by petesbimmer (Post 15468119)

Technically, $43,742 cause first month was all paid for :tongue: But yes, leasing can also be a way to drive an expensive for a couple years or so. The way I see it is, even if you finance a car, you will lose those monthly payments you made. When I sold my Type S, I got most of my DP back in equity, but none of my payments of course. I was able to get my monthly payment this low because I know how to count leases with the residual and money factor. They originally gave me a monthly payment of $525/month, then negotiated, and said $480 'was the lowest and best they could do', but then was still able to get $337 :pbnj:

Originally Posted by petesbimmer (Post 15468119)

The way I see it is, even if you finance a car, you will lose those monthly payments you made. When I sold my Type S, I got most of my DP back in equity, but none of my payments of course.

Originally Posted by cust0mx (Post 15478242)

$337/month + full coverage insurance = ~$500/month? I know everyone's financial situation is different, but that seems like a waste of money to me on a car you won't even own. Great looking car though

Originally Posted by screaminz28 (Post 15468028)

I know absolutely zero about leases - is the money factor essentially the rate that your monthly payment is calculated on?

337/month for 27 months is 9099. Add that to the 34980 residual and you're only at 44,079.

I always wondered how people drove around in 50K cars all the time. That car would cost nearly 1100/month on a 4 year loan with no money down.

Normally I'd say a lease is a way to lose money, but even after 27 months, your residual is around what a 2013 IS350 is selling for now, so it's as if you put 9K down over two years and got to drive the car. Granted, I guess if you don't buy out the residual, you lose that cash, but driving a 50K car for 337/month aint a bad deal at all!

Originally Posted by anx1300c (Post 15468044)

Sweet IS 350. Was behind a grey one a few days ago and was admiring it. It's getting really high praise in the handling department compared to the last generation. I was a little disappointed to see they didn't raise the power though.

Originally Posted by SlowLane (Post 15467860)

The IS looks great. Congratulations.

Originally Posted by cacheflowe (Post 15467996)

congrats on your new IS... she's beautiful! my wife was also looking at the IS for her next car. if only lexus had cars with manual transmissions.. =/

Originally Posted by CLtotheTL32 (Post 15467839)

Congrats! The IS350 is a fantastic car. Be sure to download and register the Enform Remote ;)

Originally Posted by 96SC4 (Post 15467836)

nice! congrats! awesome color combo...
i'll be making same switch as well, when the time comes... just a GS F-sport, instead of IS

The 5th gen GS comes out end of this year, so the 4th gen prices will drop a lot, I'm guessing.
Will probably take the plunge next spring/summer

enjoy!

Originally Posted by Steven Bell (Post 15467826)

We'll miss you, Pete. It's nice to see that you wore a suit in your Type S picture but a t-shirt with your Lexus!

Originally Posted by ggesq (Post 15467813)

She's a beaut! Congrats on the IS.

Originally Posted by truonghthe (Post 15467793)

you did good for a lease, however I find the seat in the IS kinda small. I do agree with you that Lexus has superior customer service than Acura.

Originally Posted by shownfu (Post 15468402)

Can you share how you negotiated? What do you even say? "I want to pay 337" over and over?

Originally Posted by FamilyGuy (Post 15468257)

Great deal dude congrats!

There are pros and cons to everything. You're basically renting the car from Lexus. And it's limited use - 10k miles a year, otherwise you will pay per mile if you drive more than that.

Originally Posted by Dunnik (Post 15468703)

Aw, sorry to see you go but clearly you've not only stepped into a better car (as much as it pains me to admit) you got a pretty killer deal on it. Enjoy!

But you'll probably be back in like, 10 years, because you miss your TL and it's reached modern classic status. =P

Originally Posted by ExcelerateRep (Post 15472091)

Congratulations. Awesome looking new ride :thumbsup:

Originally Posted by ALarsh (Post 15477914)

You do not lose the monthly payments when you purchase a car. You are gaining equity in your car with each payment, along with incurring some interest costs. It's just the fact that for your case, the depreciation rate of your car equaled your monthly payment rate. Don't think that is the case in every scenario.

Originally Posted by cust0mx (Post 15478242)

$337/month + full coverage insurance = ~$500/month? I know everyone's financial situation is different, but that seems like a waste of money to me on a car you won't even own. Great looking car though

Originally Posted by truonghthe (Post 15478388)

OP keep us updated as how CL treating you lol.

Originally Posted by UTAH TSX (Post 15480012)

I like the Lexus cars but everyone has one, there are 4 white is350f sports and 1 gray one on my short block about 25 houses they are getting so common they just just don't have the wow value that they had when new, now they are like an accord to me, I see 10 of them every time I drive. but they are nice cars for sure.

And now I must hate you for selling the TYPE-S LOL

Originally Posted by [Blank] (Post 15479873)

how DARE you! lol.