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Did anyone lease and than buy-out car from Lexus?

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Mommy2Boys
My Boys!!!!

Member since 6/06

14437 total posts

Name:
C

Did anyone lease and than buy-out car from Lexus?

Our lease is up next June and definetely want to buy it out. Wondering if they are flexible at all in the buy-out price they list at the time of signing the lease? I know with GM cars, they are very flexible. This is the first time leasing from Lexus.

Posted 10/16/07 9:55 PM
 
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mrswask
Pookie Love

Member since 5/05

20229 total posts

Name:
Michal

Re: Did anyone lease and than buy-out car from Lexus?

we're about to do that with my grandmother's car - no flexibility on the buy out price!Chat Icon

Posted 10/16/07 10:14 PM
 

CaMacho
Sisters :)

Member since 7/06

15112 total posts

Name:
Jess

Re: Did anyone lease and than buy-out car from Lexus?

My dad did that with my grandma's lexus. They were flexible, he bargained and got it for much less than what they originally quoted.

Posted 10/16/07 10:16 PM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: Did anyone lease and than buy-out car from Lexus?

when you first did the lease, they came up with a residual value to base the payments on - that is usually what they tell you the car is worth, but you can probably negotiate

good luck!

Posted 10/17/07 8:11 AM
 

ODonnell
.

Member since 9/05

5983 total posts

Name:

Re: Did anyone lease and than buy-out car from Lexus?

Posted by jellybean1420

Our lease is up next June and definetely want to buy it out. Wondering if they are flexible at all in the buy-out price they list at the time of signing the lease? I know with GM cars, they are very flexible. This is the first time leasing from Lexus.



I returned a Saab which is under GM and there was no flexibility at allChat Icon

Posted 10/17/07 1:00 PM
 

Kara
Now Zagat Rated!

Member since 3/07

13217 total posts

Name:
They call me "Tater Salad"

Re: Did anyone lease and than buy-out car from Lexus?

My inlaws did. They bought the car for $ 22k off the lease, when the KBB value was at $29. They felt they got a fair deal.

Posted 10/17/07 1:09 PM
 
 

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