Did I get a good deal on my Lexus ES 350?

  • Thread starter Thread starter drdardashti
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drdardashti

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I just trade in my 2006 RX330 SUV with two remaining payments of $510.00 with a 2008 Lexus ES350. I paid $2000 down and $450 per month for the next 4 years. Did I get a good deal or I was sucked in? They paid the remaining two payments, and my down and monthly payments includes all tax and license fees. They said this was a limited edition style and is fully loaded with navigation and voice command.
 
I am guessing you leased it? Kiplinger's Personal Finance magazine says that a new car will lose 60 percent of its value in the first four years. Consumer Reports, Consumer Federation of America and Smart Money Magazine have all done articles on the "fleece" and the fact that it's a rip-off. The only one who comes out on top in a lease is the dealership.
So yeah buddy you are leasing a vehicle because you cant afford to pay for it. You are probably in debt up to your eye balls. Is a car REALLY worth it?
 
I am guessing you leased it? Kiplinger's Personal Finance magazine says that a new car will lose 60 percent of its value in the first four years. Consumer Reports, Consumer Federation of America and Smart Money Magazine have all done articles on the "fleece" and the fact that it's a rip-off. The only one who comes out on top in a lease is the dealership.
So yeah buddy you are leasing a vehicle because you cant afford to pay for it. You are probably in debt up to your eye balls. Is a car REALLY worth it?
 
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