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Old Apr 7, 2014 | 04:39 PM
  #8241  
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Now, if only you could lease and have a new, hot, young woman every 3-5 years
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Old Apr 7, 2014 | 04:43 PM
  #8242  
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3-5 years? Wtf is wrong with you

it should be 3-5 weeks.
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Old Apr 7, 2014 | 04:51 PM
  #8243  
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Originally Posted by oonowindoo
if you are the type that will drive a car for 7+ years then it makes sense.

If you get a new car every 3-5 years, then it just does not make sense financially.


People's #1 argument against lease is, "at least i have something to show for after 5 years"
My counter argument will be" That makes sense but you better keep the car for another 3-5 years because if you sell it after 5 years, the $ you get back is the 2 years of additional payments you made vs. lease (if that) and then you buy a new car and you will still have car payments. Makes it no difference from leasing"

Leasing is not for everyone but most of the people don't even know they have the option to sell or trade in the car at any time, buy the car at the end, lease transfer. If you drive too many miles, then lease a car with good resale value and sell it to car max at end of year 3. most of the time, the value of the car will pay off the residual but you got the car with no down payment and cheaper monthly payment.
The problem here is a lot of dealerships are striving for 36-48 month leases, & no more than 60. After that point, they can still move the car off the lot when it's returned. At 7+ years, it's already close to a decade old. In fact, I can't think of a single dealership in town that will lease beyond 60-72 months max. anymore; some won't even offer that many months unless it's an exception regarding the buyer. I don't think even manufacturers will allow it on their estimates.

I know 60 months is the max for Lexus, but owners are encouraged towards 48 as the better deal.

Last edited by Rick_TL-S; Apr 7, 2014 at 04:54 PM.
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Old Apr 7, 2014 | 04:57 PM
  #8244  
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I asked once if I was able to lease with an average annual mileage of 20k. Hahaha. I've never understood the appeal of leasing a vehicle.
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Old Apr 7, 2014 | 05:02 PM
  #8245  
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Originally Posted by oonowindoo
3-5 years? Wtf is wrong with you

it should be 3-5 weeks.


Hey...at least you didn't say 3-5 hours.
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Old Apr 7, 2014 | 06:52 PM
  #8246  
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Originally Posted by Rick_TL-S
The problem here is a lot of dealerships are striving for 36-48 month leases, & no more than 60. After that point, they can still move the car off the lot when it's returned. At 7+ years, it's already close to a decade old. In fact, I can't think of a single dealership in town that will lease beyond 60-72 months max. anymore; some won't even offer that many months unless it's an exception regarding the buyer. I don't think even manufacturers will allow it on their estimates.

I know 60 months is the max for Lexus, but owners are encouraged towards 48 as the better deal.
I have often wondered why someone would lease for 48 months. It doesn't seem to make sense. Why not just pay some more a month and pay it off in five years?

For cars like Lexus, what is the leasing sweet spot?
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Old Apr 7, 2014 | 07:06 PM
  #8247  
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Lots of our clients like to switch to vehicles every few years & there's always incentives at the end of their leases if they want to get into a new vehicle. I guess for them, there's less hassle to have a GS for 4 years & then jump into another one or something else, or even a newer model for another 4-5.

They don't see cars the way we do; they're just fancy modes of transportation they have to buy every few years & have the excess money to do so. As someone said, it doesn't make any sense financially at the end of the lease, but the said incentives do a part to entice people to keep doing it whilst the dealer "eats" the cost of the remaining 2-3 months of the previous lease.

As for the sweet spot, I couldn't tell you. All I've been told is 4 years are generally where they like to have the loan term at as it brings the clients back sooner & the cars are generally lightly used. There's more to it, but I haven't really found time to pick the finance office's brains about it.
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Old Apr 7, 2014 | 07:19 PM
  #8248  
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I'm curious. But I would also say that the dealership and the customer have competing motives too
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Old Apr 7, 2014 | 07:31 PM
  #8249  
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Originally Posted by Rick_TL-S
The problem here is a lot of dealerships are striving for 36-48 month leases, & no more than 60. After that point, they can still move the car off the lot when it's returned. At 7+ years, it's already close to a decade old. In fact, I can't think of a single dealership in town that will lease beyond 60-72 months max. anymore; some won't even offer that many months unless it's an exception regarding the buyer. I don't think even manufacturers will allow it on their estimates.

I know 60 months is the max for Lexus, but owners are encouraged towards 48 as the better deal.
it is stupid to lease a car for that long. that defeats the whole purpose of leasing.

i was trying to compare to typical finance terms of 60 months. Leasing anything more than 36 months is stupid.
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Old Apr 7, 2014 | 07:37 PM
  #8250  
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Originally Posted by charliemike
I have often wondered why someone would lease for 48 months. It doesn't seem to make sense. Why not just pay some more a month and pay it off in five years?

For cars like Lexus, what is the leasing sweet spot?
It all depends on the residual of particular car and the type of programs each brand has for this car at certain month.

Generally speaking, 24 months lease is ideal but usually the monthly payment is higher. 36 months is where majority of leases are. Try to avoid 29/39 month lease, because you will pay for registration at month 24 or 36 and you only get to use 3 months after you paid for a whole year.

People who lease 48 months are the type who don't know shit about cars, they get attracted by the slightly lower monthly payment compare to 24/36 months lease.
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Old Apr 7, 2014 | 07:44 PM
  #8251  
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Originally Posted by Rick_TL-S
Lots of our clients like to switch to vehicles every few years & there's always incentives at the end of their leases if they want to get into a new vehicle. I guess for them, there's less hassle to have a GS for 4 years & then jump into another one or something else, or even a newer model for another 4-5.

They don't see cars the way we do; they're just fancy modes of transportation they have to buy every few years & have the excess money to do so. As someone said, it doesn't make any sense financially at the end of the lease, but the said incentives do a part to entice people to keep doing it whilst the dealer "eats" the cost of the remaining 2-3 months of the previous lease.

As for the sweet spot, I couldn't tell you. All I've been told is 4 years are generally where they like to have the loan term at as it brings the clients back sooner & the cars are generally lightly used. There's more to it, but I haven't really found time to pick the finance office's brains about it.
I can't agree with you on that. Leasing is perfect for people who have new car itch like me every 2-3 years and don't want to have any of the "upside downs" usually associated with finance the car for 60 months.

i have bought several cars new (not leased) and i could never drive it till it is paid off.

In addition to the higher monthly payment and higher down payment, i would always have to pay the upside down because the car is usually always worth less than what you owe.
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Old Apr 7, 2014 | 07:52 PM
  #8252  
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Originally Posted by oonowindoo
3-5 years? Wtf is wrong with you

it should be 3-5 weeks.
I guess it's different when you're in a relationship

If I were single again, yeah 3-5 weeks
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Old Apr 7, 2014 | 07:56 PM
  #8253  
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Originally Posted by Costco
I guess it's different when you're in a relationship

If I were single again, yeah 3-5 weeks
no, my friend, that is especially true for people who are in relationships!!

i assume you have not been with your girl for too long..........
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Old Apr 7, 2014 | 07:58 PM
  #8254  
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Originally Posted by Yumcha


Hey...at least you didn't say 3-5 hours.
i am being realistic.

For 3-5 hours, hookers will be cheaper.
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Old Apr 7, 2014 | 08:53 PM
  #8255  
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Originally Posted by oonowindoo
no, my friend, that is especially true for people who are in relationships!!

i assume you have not been with your girl for too long..........
Yes... the lovely honeymoon stage. After that it becomes work.

So I should be looking for a 6-12 month lease?
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Old Apr 7, 2014 | 10:09 PM
  #8256  
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Originally Posted by oonowindoo
I can't agree with you on that. Leasing is perfect for people who have new car itch like me every 2-3 years and don't want to have any of the "upside downs" usually associated with finance the car for 60 months.

i have bought several cars new (not leased) and i could never drive it till it is paid off.

In addition to the higher monthly payment and higher down payment, i would always have to pay the upside down because the car is usually always worth less than what you owe.
Are most vehicles financed for 60 months?
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Old Apr 7, 2014 | 10:35 PM
  #8257  
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Originally Posted by subinf
Are most vehicles financed for 60 months?
You'd be surprised how many people are going 72 months now, apparently. I took a 60 month loan and am paying it off in no more than 48 months. The rate is so low that it's really not worth paying it off faster. I'd rather have the cash in the bank.
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Old Apr 7, 2014 | 11:26 PM
  #8258  
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If someone asks you to replace a taillight bulb on an S197 Mustang... just say no.

We had to remove the subwoofers, the amplifiers, and then pull the taillight out. No other way to do it.
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Old Apr 8, 2014 | 12:44 AM
  #8259  
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Originally Posted by Aman
If someone asks you to replace a taillight bulb on an S197 Mustang... just say no.

We had to remove the subwoofers, the amplifiers, and then pull the taillight out. No other way to do it.
Haha, domestics. I would know.

I mentioned that it takes less than an hour to do a water pump on an LS1 Camaro. It takes longer doing all 8 plugs. The joke is that step one on a spark plug job is to remove your radio.

Toyota and Honda generally makes it easy to do most things. At least from ~2000 and on. Other manufacturers can suck a fat nut. I wouldn't be surprised if cuss words were created in conjunction with the rise of the modern automobile.
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Old Apr 8, 2014 | 09:07 AM
  #8260  
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'93 RX-7 twin turbo with 3,234 miles.

http://www.diamondmotorworks.com/det...-11610218.html
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Old Apr 8, 2014 | 09:15 AM
  #8261  
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Holy cow, this dealer has 7 Supras.

5 are automatic.

One 15th anniversary edition. Auto though. http://www.diamondmotorworks.com/det...-11295397.html
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Old Apr 8, 2014 | 09:38 AM
  #8262  
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I wonder if those cars will be considered desirable classics in another 20 years. They built more of those RX-7s than they did Supra Turbos AFAIK but I can't imagine there are many left on the road that are as nice as those two. I would imagine in another 15-20 years there won't be but a handful of them in that condition.
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Old Apr 8, 2014 | 10:00 AM
  #8263  
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Originally Posted by RPhilMan1
'93 RX-7 twin turbo with 3,234 miles.

http://www.diamondmotorworks.com/det...-11610218.html
better driver's car than most cars today.

well, except for that engine issue.
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Old Apr 8, 2014 | 10:01 AM
  #8264  
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Originally Posted by RPhilMan1
Holy cow, this dealer has 7 Supras.

5 are automatic.

One 15th anniversary edition. Auto though. http://www.diamondmotorworks.com/det...-11295397.html


5 are auto and 1 is NA

the MT is a '93 Anthracite tho, very rare color.
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Old Apr 8, 2014 | 10:04 AM
  #8265  
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Originally Posted by srika


5 are auto and 1 is NA

the MT is a '93 Anthracite tho, very rare color.
No kidding, I didn't even know they made them in that color.
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Old Apr 8, 2014 | 10:06 AM
  #8266  
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You folks read Motor Trend's write-up of the 1986 Toyota MR2 vs. the 1985 Ferrari 308...?

Nice read: http://www.motortrend.com/classic/ro...qv_comparison/


Some nice pics too:




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Old Apr 8, 2014 | 10:17 AM
  #8267  
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Old Apr 8, 2014 | 10:27 AM
  #8268  
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Old Apr 8, 2014 | 11:03 AM
  #8269  
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I remember one of the car magazines doing a comparison of the next generation MR2 against a 328 ... That seemed a fairer fight at the time.
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Old Apr 8, 2014 | 12:21 PM
  #8270  
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I'm considering swapping the auto trans in the supra for a manual. Just not sure if I want to tackle that project.
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Old Apr 8, 2014 | 01:34 PM
  #8271  
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Originally Posted by subinf
Are most vehicles financed for 60 months?
i can't tell you that for sure. But from what i have seen, unless you put down a huge down payment to finance your car, otherwise it is mostly 60 months or 72 months.
For a $30k car, + tax and finance charges to finance for 36 months = $1000 a month. most of the people who buy $30k cars would not or can not pay those kind of monthly payment. With $10k down, it is still going to be around $700 a month for a $30k car for 36 months.

So i would be very surprised if 60/72 months term are not the most common terms.
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Old Apr 8, 2014 | 01:37 PM
  #8272  
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Just got a 14' 328d loaner while my car is in for service.

Shit i fucking love this car... So much better/smoother than than 328i gas.

It still sounds like a truck in idle, but the annoying sound disappeared as soon as you go over 20mph.

Highly recommended 328d M sport over any F30 3 series right now including 335i.
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Old Apr 8, 2014 | 01:41 PM
  #8273  
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Originally Posted by oonowindoo
Highly recommended 328d M sport over any F30 3 series right now including 335i.
That's a pretty strong endorsement!
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Old Apr 8, 2014 | 01:42 PM
  #8274  
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I like the sound of diesels.

used to love those old Mercedes diesels of the 80's heh and the aroma of the fuel


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Old Apr 8, 2014 | 02:01 PM
  #8275  
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Originally Posted by charliemike
That's a pretty strong endorsement!
Because it is a great car. I always thought diesel runs out of juice at higher speed, it did not feel like it when i was driving (up to 100mph)

The torque feel + 8at makes it feel like the acceleration feel you get from an electric car.
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Old Apr 8, 2014 | 02:36 PM
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Originally Posted by oonowindoo
Because it is a great car. I always thought diesel runs out of juice at higher speed, it did not feel like it when i was driving (up to 100mph)

The torque feel + 8at makes it feel like the acceleration feel you get from an electric car.
A 328d M-Sport with the Lighting package and Harmon Kardon is $45k. That's not too bad, all things considered. It does leave me wishing some things were in there like comfort access and heated seats for the money but a two to three year old 328d for $30-32k off lease could end up being quite a bargain.
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Old Apr 8, 2014 | 03:25 PM
  #8277  
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Old Apr 8, 2014 | 03:54 PM
  #8278  
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Since some of you treegoats don't even know the Motorsports sub-forum exists, this thread may be worthy of your time: https://acurazine.com/forums/showthr...9#post14957779
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Old Apr 8, 2014 | 03:58 PM
  #8279  
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BMW's M235 is pitted against the Lexus IS-F in a drag race...vroom.

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Old Apr 8, 2014 | 04:00 PM
  #8280  
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did everyone see MT's comparison vid of GTR vs Z28? just saw it today. pretty nice!
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