So you would lease a inexpensive to maintain and it will last for your whole life. So what should we buy huh? A fucking Mercedes or BMW. SOMEONE TELL ME WHAT I SHOULD BUT INSTEAD.
Instead of carrying out your anger pointlessly on a title, pay attention to what I’m actually saying first. I’m trying to get across that it’s better IF you’re trying to purchase this car brand new, instead of CPO, to lease it then buy it off lease, OR, purchase it used. You’ll save way more money.
This dude maybe working for Lexus because leasing then buying only work for commercial Vehicle that is used to make money. So I wouldn’t recommend listening to this guy.
Supreme 12860 Following your example the Lexus is a boring basic bitch that doesn’t turn heads and is below average in the bedroom. I’d rather have a great time even if it’s for a short time BMW
@@victorkenarsy3024 literally get any Lexus 350 and mess with the exhaust a bit, get a tune and some wheels and you will be turning more heads on the street than you know it
I have owned about 14 cars in my lifetime and my GS350 F-Sport is by far the most reliable & comfortable car ever. 126k miles and still looks & runs like new.
Cool! I am going to pick mine up tomorrow at Lexus of Austin. I am beyond excited!! I am getting the GS 350 F-Sport in atomic silver with black interior.
@@jasonmeler8759 Nice! I just bought a used 2016 GS350 F-Sport (white exterior, red interior) last month with 41k miles for $28k (Was $58k when it was new). It replaced a 2017 IS200t F-Sport & has been an absolutely incredible car so far! Rides & handles like a dream!
@@DisneyMusicVideos I'm literally looking at this same car tomorrow at a dealer. Same model, same amount of miles and same price lol. Going to see if I can chew them down if I like the car since they've had it for a year on their lot...which makes me suspicious. It looks pristine in and out, we'll see how it drives.
I had the same car gave it to my dad and bought a newer one 14 and my old one is better engine is alot quieter 14 is faster tho but throttle is electronically controller and my 98 was by wire which I love no lag I get a small lag on my 14 f sport but it's never failed me 98 had 220k and my current one is. At 120k
My self I have a 2001 Lexus GS300 runs like a beast never consumes oil. Took it once to South Bay Lexus to service and tech told me bro don’t get rid of that car those are Lexus best engines.
InnerGuide For real. My friend has one he tells me all the time. Even though he has some button that’s supposed to help with gas mileage saving but it doesn’t do shit.
Why did you completely neglect the fact that at the end of the 5 years, you get to keep the car and have no payments whereas in 6 years of leasing, you basically spent the same amount and ended up with no car? The cash leaving your pocket and the assets acquired both need to be taken into account. A 5-6 year old GS 350 is still worth $20,000 or so. In a lease, you wouldn't have that $20,000 towards your next vehicle. Or you could just drive it payment free.
Leasing a Lexus is an insult to its reliability. My Lexus family currently owns a 1995 ES300 on its last leg, 2008 ES350 still running great, and 2013 GS350
5:36 what is your math here? It is 1 grand cheaper just to buy it, and you might as well get it used for 18k and it having 50k miles since it probably will last 400k miles... Yes, I know about acquisition fees and such, but the once you lease it for 4 years, the price you suddenly buy it for would be, like I said, 18k. So 52,565 + 18k . You are then paying 70565 for something you could have bought new at 51k.... And yes, go on Craigslist CarGurus, LetGo, or just whatever you use, and go look at the prices of a 2014 Lexus Gs 350 which has alost all the features of a new one, and you tell me the price. Leasing it and buying it later just does not make since. 🤦♂️
I work on my own car, a BMW, and it really hasn't costed much at all. $43 for full synthetic oil change. $100 for starter with starter bolts and new intake manifold gaskets. $15 for oil filter housing gasket. I think like $30 for a new belt tensioner. Maybe like $30-50 for a valve cover gasket kit. I really don't get all the fuss about how expensive people think parts are. Just keep up with the basic maintenance and dont let problems build up. I drive mine hard all the time and have had no outstanding or weird issues.
zorkman111 glad u can fix your own car. Most people dont know how. Its a money pit. Smart people will never buy these overpriced pos euro cars. They lease them.
I would rather buy a LEXUS over a BMW, Mercedes. I dont want to be stranded on the side of the road middle of a cold night and not able to drive it since its inside a garage getting fixed.
I leased a 2017 GS 350 F Sport and I got it out the door at $48,000 from the initial $60,300. 0 down, 3 year lease and 15k miles yearly @ $698/month. Problem is, if you get rim and tire protection, add the full coverage insurance (mandatory with leases!) and gas money, you are easily at $1000/month. Insurance for my GS was $212. I don’t think leasing is a good idea either, considering you can get a 2-3 year old GS with 40,000 miles at around $25-36000. Just buy it cash when you can afford it used or take a 0% APR loan from somewhere for 60 months and pay it off until it’s yours. The engines should easily run to 500k miles so if you don’t need a new car every 5 years, this car will be there for you for 15-20 years.
I guess he is assuming that some folk must get a new car and in that context, his rationale is pretty solid for the lease. I just sold my 2000 GS300 with 236 kms for an immaculate '05 GS300 with only 112k's (~67,000 miles). Looks awesome in black drives like new, has the gorgeous 18" alloys from the GS430 and everything works perfectly; I expect it will sail through 20 yrs of age without major issues.
The off-msrp was solid, but you're paying for that 15k/yr in that 698. He's going with a 10k/yr lease example payment. I imagine that isn't too much driving in Boston, which is pretty much the opposite of what I experience here in OK, save for Bostonians hitting Rhode Island because 'The Island' ::sucks:: What he was getting at is that built into the lease > purchase for a GS (which some yobo previously doesn't understand), is that the 3500 you get in the lease deal carries over into your potential purchase post-lease. If you just straight up purchase at the beginning then you don't get that extra 3500 and you're still doing the same thing, taking possession of the vehicle until it's paid off, traded in, sold, etc...It's like a Back Door Roth IRA: You put stuff into a 401(k), but then roll it over into a Roth because you're getting some more incentives with the 401(k) that you'd otherwise never see in the typical execution of a Roth. It's okay Ari, some people can't math, and that's how you make money.
Own the GS it’s an awesome car I’m getting it wrapped tomorrow pretty excited. The GS’s seem like they would be clunky but they’re actually super nimble
I had a 06 GS300 and after that LS460. LS460 was more comfortable but GS was the absolute best combination of comfort and sport. I enjoyed driving the GS more and never complained about it not being comfortable enough. GS is extremely comfortable and the LS just feels like you’re floating. I’m probably going to switch back to a 07-12 GS.
You will pay the doc fee if you purchase it from the dealer. You can avoid this by paying off the balance using a check from your bank/loan company. The fees your paying for registration, that’s true. You’ll have to register it again, and pay tax on the remainder portion you weren’t taxed on originally.
You can easily find a one year leased RCF or GSF for hella cheap. They depreciate but Lexus depreciation really tanks only in the first year then it's gradual and steady for the F models. A 2016 RCF is around 44k-48k, a 2016 M4 is 40k-44k with a diff in msrp being 3-4k more for the M4. Sheesh. You'll find more off leased F80/82's than GSF's or RCF's as well, but the depreciation is a yikes.
@@r.d.9399 They are GENERALLY all bulletproof cars for damn sure! Sure if you dont mantain a Lexus its not gonna be as reliable. I know what im talking about dude. Shut up
@@grovdogg19 Not in the bit honest on your part or you're just not knowledgeable. Go look up the 2007 Lexus ES 350 and come talk your shit again. Most people get stuck into your type of thinking an end up with a costly reality check on the back end.
No brand new car is worth buying, I think this is why leasing eventually became an option, fewer people are buying new cars and manufacturers need ways to push out new cars. So leasing naturally should be a better deal than buying, at least on the surface.
You should never be the original purchaser of any luxury car. You always lose. I’ve even purchased cars for below invoice. I did lease one of my Benzs and then buy it after the lease was up. I would do that again. My next car will likely be a Lexus.
It is never best to lease a car, especially for a car that holds its value like Lexus cars do. Lease X2 and you're left with $0 on returning the car, buy it and after payments you can sell it for $20k or more. Keep it another 3 more years and that's $0
My lease on the RX is up in a few months. I will be buying a used GS. A terrific car and a great price. I''m the keep the car for 10 years type of guy.
@@cottagegymfun Well the LS is not anywhere near the other two in terms of class. The ES is front wheel drive, so if you care for driving dynamics then that's not it. The GS and the LS are separated by at least an entire class of car, but there's no doubt that the LS has the newest Lexus interior. Really it's up to you, do you want a sportier car or a gentle cruiser? You could get a GS-F if you want a sports car, or the GS 350 F-Sport so you can save some money, and still have a sportier oriented car. In my opinion, the LS with the F-Sport package looks the best, and also the 3.5TT engine is very torquey and has a good amount of power. At the end of the day, all of their calls are very great to lease.
Bought a 2015 Lexus GS 350 F Sport AWD for 30k with 19k miles and I absolutely love this purchase. The car is amazing and I will one day pass it down to my kid.
Ari Janessian , I agree! In 2016 I purchased a CPO 2014 GS F-Sport, MSRP of $59k. I paid $39k. It had 17,000 miles. Never felt like a used car to me. For the GS this is the best way to go.
I am not the owner of Lexus, but I got a Lexus maid handkerchief during this period! I am born in February I am happy for the best birthday gift in February! Have you asked Lexus to give you a present?
I own 2016 gs 350 f sport 4 years I had no issues just oil change and go keep your BMW and keep repairing and spend your money and life at the michanic garage Good luck
I have a white on red 2016 GS350 F-Sport that I bought used back in June 2020 with 41k miles for $31k after taxes (Original MSRP $58k) now with 67k miles & has been an absolutely incredible car that I'm planning on keeping for a very long time. I love it now more than ever & I would buy the same car again as of now & I'll probably be saying the same thing five years from now. It's that good.
My Lexus GS 350 F Type is the best car I’ve ever owned! These cars are INSANELY reliable! No issues ever. Crazy luxury interior, crazy quick in S Mode and S+ mode. Get out of here bro
Ari, please give me an update on this car with the current offer, I need to do this ASAP, since I’m planning to do this next week. Thank you in advance. 🙏
thats right where the price is at, i bought my 2013 gs350 last yr for 21k with 60k miles but more loaded than the f sport with every option checked off including stone white seats and rear seat controls with adaptive suspension (new 61k) remember its a quality car thats gonna last
Not a bad price at all. I could work with that and even get it down to the 20k or closer mark. Also, although being the first Gen, that was the best one. It maintained the 6 speed transmission from the previous generation GS, which was wonderful. I had the previous Gen with that engine and tranny and it is better on gas Than the new 8 speed and quicker. So grab one! Don't let the numbers on paper fool you. I have the 2016 IS 350 F sport now and my 2008 GS 350 was quicker and better on gas. That's the motor and tranny in the 2013 GS. Don't hesitate!
I bought a loaded 1 owner, clean carfax, all service at dealer, GS350 awd non f-sport with 78k miles ($60k brand new MSRP) in October 2018 for $19k. Absolutely love it, felt like I got a steal on it! If you want to buy a Lexus and don't mind being the 2nd owner, buy a 4 or 5 year old Lexus and save $30k-$40k
I am looking at 2016 GS350 RWD with only 26400 miles, about 29773 usd before tax. Still negotiate down more. That's like saving more than 25000 usd off the new one. I have a new RX350 and really love how comfort and quiet it is.
I bought a certified BMW 750 i a few years ago and within 1 year there was a oil ..leak under the car ...$10K to fix a broken pipe in the engine ...mostly labour as the pipe was hard to reach and the engine had to be taken apart! traded it in for a Lexus LS 460 and 8 years and 20K miles later...total cost of repairs under 2K !!!!
I just a bought a 2013 loaded. Mark Levinson sound which is absolutely amazing. Car was garage kept with 36,000 miles on it in mint condition. Paid $23,500. I searched a long time and being patient paid off. Buying a used car can be risky. I even got my preferred color choice for Int/ext.
Says who? Lexus yes you should buy worth every penny, if you just trying to get views make video with same headline on maybe gm lincoln dodge or some other american unreliable crap
I just picked up a 2014 Lexus GS 350 F sport for 20k, it’s in great shape, but I can definitely get behind the idea of leasing a brand new GS given the depreciation of that particular car it would actually make more sense to lease it then buy it out at the end of the lease, and heck, if you don’t want it at the end of the lease you aren’t stuck with it! Great video
Granted I didn't watch but I've owned 2 GS (06/13) over the last 9 years and have only had an ac compressor go up on me out of the ordinary. Best 2 reliable cars I've owned.
I have a 2018 GS 350 that has been in my garage undriven for a year with 14,000 total miles and my lease will be up in 6 months. Can someone give me some suggestions what to do as lease comes to an end? Thanks much!
You pulled an M. Night Shamalamma with the title, cause I was like, wtf is wrong with a GS?? That aside, the info you presented was rock solid and easily understandable. As I get older, I am finding it hard to rationalize buying ANY make/model brand new; the depreciation factor is patently absurd.
You forgot to factor in interest and taxes on the $30K residual purchase, unless you pay cash. That adds $5 - $7K to total, making your strategy more expensive.
Buying a car = 60 months = higher monthly payment... Leasing a car = 3 years > then purchasing the same car on 5yr loan = 8 years of payments = lower monthly payments... Amount paid over the course of these two different purchasing methods - IS THE SAME ... therefore, there is no "saving" but ultimate decision, do you like to pay more, pay off early and drive and maintain car for longer term... OR do you want to lease and have option to "get out of it" ... At the end - you will return lease, and throw close to 20-25k out of the window, and dive right into another lease... in my experience those are the facts, because who is determined to keep the car, they do not lease it they buy it... whoever leases the car, they lease it, return it and move onto another better model, newer model, etc.
Sean I’m not saying don’t buy it at all. I’m saying don’t purchase it brand new. If you’re going to get it Brand new, lease it then buy it out at the end. You save more money.
what if I decide to take over somebody's lease on GS350 F sport since the car is coupe or more years old, and than finance it after lets say 9 months left on lease payment? Or even of course just finance a used one, but the APR and fees would still be high. Need an advice.
Wow. All these thumbs down, and I literally learned how to spend less money, to BUY the same car, and folks didn't even take the time to hear you out! This is why, we can't have nice things folks. 😑
Ari: I really enjoy your videos. I used to be a Lexus GS guy, but my last two cars have been leased Lexus RX350s. I bought out the lease on my current RX350 at the end, and like your GS example, I got the car for less than it was worth--great deal. I am now in the market for a RX450h. As you may know Lexus is aggressively marketing the hybrid RX models by making the difference in price for the hybrid almost negligible, so there should be others interested in this as well. Please do a video on your strategies for purchasing or leasing one of these 450h models (F-Sport if possible). Thanks, -Jim
So you save $3.5k if you lease - okay, but that’s if you pay the residual outright when your lease is done, right? That’s not considering financing that $19k at the end.
New subscriber, I'm also in Massachusetts (west mass) and I'm currently searching for a used car (1st car) we already own a pilot so we are accustomed to driving in snow via 4wd... I had recently targeted an 06 lexus gs 300 awd... with 100,000 miles. I dont know how to weigh out my options... I'm also about 6 foot 4 so I'd like something big bodied and I'm not even locked onto the idea of a lexus.... I mean my first choice was an 07 Avalon limited... a point in the right direction or even a "I'd say go for it". also... would it be just as good if I went after an ES 330? Budget of about $7000
I am actually looking to purchase another car soon. I've had my Buick rendezvous for about 11 years and I bought it when it was about 5 years old. I was the second owner. Well I'm just now putting substantial amount of money into it to fix it mind you it just hit 250k majority city miles. I've always had buicks but now I want a Lexus and I e been researching so I know stuff when it's time. What's the best year and model of a used Lexus? I really like the 2007's
I currently have a leased an RX350 sport and I have about a year left on it, only placed 11k miles on it. Original 3 year 12k a year. I’m thinking to trade it and get a used Escalade, or should I leased a new GX460? I was told no money down if I continue with LEXUS, what do you think?
lexus performance cars are the ones to purchase and own. what i would lease are, amg's and porsches, as they are the ones i am currently considering. wouldn't even consider bmw's or audis...
Used is the way to go, 3-5 years old (I wouldn't hesitate to go older with a Lexus). Buying any new car is one of the stupidest financial moves you can make.
i get what your saying but at the same time, the difference of 3500 is probably marginal for those looking at a vehicle at that price point.... At that point because its a lexus (which doesn't hold as much value as "legacy" brands+ plus it's more reliable) those who are looking at a gs350 should opt for a slightly used one between 20-40k and reap the benefits of depreciation
Leasing a vehicle is not good for everybody. I live in Texas and I drive 40,000 miles a year. I want something comfortable and reliable something that start up and get me to and from work every day. The10,000 miles limit on the lease is an insult.
Ari, you are car deal brilliant! By best car negotiation was on my on wife’s 2016 Toyota Prius w/ msrp $30k. Toyota dealer #1 says we don’t discount it wouldn’t be fair to other buyers, per Toyota we can give either $2500 off MSRP or0% financing for 72 months. I go to Toyota dealer #2, I negotiated $5000 off msrp AND 0% financing for 72 months.
Literally HILARIOUS, the amount of BS that will leave one salespersons mouth, vs another even at the same dealership. “We don’t” usually means “I prefer”. Good work 💪🏼
So you would lease a inexpensive to maintain and it will last for your whole life. So what should we buy huh? A fucking Mercedes or BMW. SOMEONE TELL ME WHAT I SHOULD BUT INSTEAD.
Instead of carrying out your anger pointlessly on a title, pay attention to what I’m actually saying first. I’m trying to get across that it’s better IF you’re trying to purchase this car brand new, instead of CPO, to lease it then buy it off lease, OR, purchase it used. You’ll save way more money.
This dude maybe working for Lexus because leasing then buying only work for commercial Vehicle that is used to make money. So I wouldn’t recommend listening to this guy.
@@negotiationguides Great video! if i were to buy one next week, would a used 2016/17 for $25k max be a good deal?
Yes Its me you should buy a ‘Y’.
Ari Janessian Has NO SIR BY TITLING YOU VIDEO THEY WAY YOU DID, YOU ARE DOING EXACTLY WHAT ALL CAR SALESMAN HAVE BEEN KNOWN FOR.....
Title: why you should never buy a Lexus GS350
Comments: I love my GS350
I didn't watch the video. I went into the comments section instead. Glad I did that.
@@mike8733 that's what im doing now, have no patience for click bait
The title is insulting
@@luisruizcalderon2450 It's clickbait 100%. I still don't agree with that he said.
Do you still have the GS? I'm looking for a GS or an ES
I will always buy a Lexus. Reliable AF
@@MrAnderson610 it is
Supreme 12860 Following your example the Lexus is a boring basic bitch that doesn’t turn heads and is below average in the bedroom. I’d rather have a great time even if it’s for a short time BMW
@@victorkenarsy3024 true for most Lexus cars, definitely not the lc500
@@victorkenarsy3024 literally get any Lexus 350 and mess with the exhaust a bit, get a tune and some wheels and you will be turning more heads on the street than you know it
Same here solid cars for the long haul
I have owned about 14 cars in my lifetime and my GS350 F-Sport is by far the most reliable & comfortable car ever. 126k miles and still looks & runs like new.
Am at 215k no problems only 1 starter and 1 alternator
Just got my Lexus GS350 F Sport with Cabernet seats , best damn car I've owned . I wish this thing could turn into a house ! I'd live in it
Just put Michelin as3+ on mine 👌🏼
Cool! I am going to pick mine up tomorrow at Lexus of Austin. I am beyond excited!! I am getting the GS 350 F-Sport in atomic silver with black interior.
@@jasonmeler8759 good stuff man hope you enjoy. I'm warming up my beauty as we speak .
@@jasonmeler8759 Nice! I just bought a used 2016 GS350 F-Sport (white exterior, red interior) last month with 41k miles for $28k (Was $58k when it was new). It replaced a 2017 IS200t F-Sport & has been an absolutely incredible car so far! Rides & handles like a dream!
@@DisneyMusicVideos I'm literally looking at this same car tomorrow at a dealer. Same model, same amount of miles and same price lol. Going to see if I can chew them down if I like the car since they've had it for a year on their lot...which makes me suspicious. It looks pristine in and out, we'll see how it drives.
I have owned a lot of cars but the best car I have ever owned was the GSF sport.
Bout one last September. White with the reddish interior. Love it
GSF? or a GS 350 FSport? Not the same cars.
@@domdrty F sport. The V8 is just GS F. No sport in its name
domdrty
Neither is a Porsche or M car! No Lexus has ever won any class it’s competed in!
@@miketheman4341 I care how the car drives and how reliable it is. what do I car about stupid racing competitions!
in case anybody is wondering, he starts to properly talk about it at 3:14
thanks bro
Thank you very much….i truly needed that
Thanx he clearly on sum other shyt 🤣🤣
@@chinoskateboardv shut up
The real MVP right here
Lexus hands down,BMW live in the service dept.
Lexus IS a Toyota dude
@@jeffl1944 That is why it is the best
I drove a Lexus and fell asleep driving it, no thanks.
@@nexushexus4365 Nice and Smooth.
wifi2017 daybreak He probably meant it was a boring drive. I tested a RC350 and was bored - BMW was better in terms of driving
I disliked the video just based on the title
BRBallin1 He’s a fucking troll
Probably just his hook, but the logic is ok and the video informative.
My 98 gs 400 just hit 150k miles and pulls like a beast it's a classic with great looks 21 years later it's insane. I will never get rid of it.
I had the same car gave it to my dad and bought a newer one 14 and my old one is better engine is alot quieter 14 is faster tho but throttle is electronically controller and my 98 was by wire which I love no lag I get a small lag on my 14 f sport but it's never failed me 98 had 220k and my current one is. At 120k
I bought a 2016 GS I love it! Best for quality and safety
Totally agree, never leasing follow dave Ramsey
Love my 16 GS.
My self I have a 2001 Lexus GS300 runs like a beast never consumes oil. Took it once to South Bay Lexus to service and tech told me bro don’t get rid of that car those are Lexus best engines.
InnerGuide For real. My friend has one he tells me all the time. Even though he has some button that’s supposed to help with gas mileage saving but it doesn’t do shit.
They not lieing bullet proof engines and transmission
Why did you completely neglect the fact that at the end of the 5 years, you get to keep the car and have no payments whereas in 6 years of leasing, you basically spent the same amount and ended up with no car? The cash leaving your pocket and the assets acquired both need to be taken into account. A 5-6 year old GS 350 is still worth $20,000 or so. In a lease, you wouldn't have that $20,000 towards your next vehicle. Or you could just drive it payment free.
“You can lease this car twice and still have some money leftover”
Uh yea, but you won’t have a...car.. 🤔
😂💀
Leasing a Lexus is an insult to its reliability. My Lexus family currently owns a 1995 ES300 on its last leg, 2008 ES350 still running great, and 2013 GS350
The 2008 es models were the best styling for me until they finally made them better in 2019. Timeless design from that era
Smart family Lexus family I respect
5:36 what is your math here? It is 1 grand cheaper just to buy it, and you might as well get it used for 18k and it having 50k miles since it probably will last 400k miles... Yes, I know about acquisition fees and such, but the once you lease it for 4 years, the price you suddenly buy it for would be, like I said, 18k. So 52,565 + 18k . You are then paying 70565 for something you could have bought new at 51k.... And yes, go on Craigslist CarGurus, LetGo, or just whatever you use, and go look at the prices of a 2014 Lexus Gs 350 which has alost all the features of a new one, and you tell me the price. Leasing it and buying it later just does not make since. 🤦♂️
I would never buy a bmw, mercedes, and especially Volkswagen. If you ever work on cars then you know what bmw stands for. Big Money Wasted.
@@albundy3929 I don't care what you buy go back and read my comment 3 more times and get it they your thick head.
I work on my own car, a BMW, and it really hasn't costed much at all. $43 for full synthetic oil change. $100 for starter with starter bolts and new intake manifold gaskets. $15 for oil filter housing gasket. I think like $30 for a new belt tensioner. Maybe like $30-50 for a valve cover gasket kit. I really don't get all the fuss about how expensive people think parts are. Just keep up with the basic maintenance and dont let problems build up. I drive mine hard all the time and have had no outstanding or weird issues.
zorkman111 glad u can fix your own car. Most people dont know how. Its a money pit. Smart people will never buy these overpriced pos euro cars. They lease them.
@@zorkman111 valve cover gasket, lol. $$$$$$$ good you can fix it.
😂😂
As soon as you said bmw was the best car you lost me
I would rather buy a LEXUS over a BMW, Mercedes. I dont want to be stranded on the side of the road middle of a cold night and not able to drive it since its inside a garage getting fixed.
I leased a 2017 GS 350 F Sport and I got it out the door at $48,000 from the initial $60,300. 0 down, 3 year lease and 15k miles yearly @ $698/month. Problem is, if you get rim and tire protection, add the full coverage insurance (mandatory with leases!) and gas money, you are easily at $1000/month. Insurance for my GS was $212. I don’t think leasing is a good idea either, considering you can get a 2-3 year old GS with 40,000 miles at around $25-36000. Just buy it cash when you can afford it used or take a 0% APR loan from somewhere for 60 months and pay it off until it’s yours. The engines should easily run to 500k miles so if you don’t need a new car every 5 years, this car will be there for you for 15-20 years.
I guess he is assuming that some folk must get a new car and in that context, his rationale is pretty solid for the lease. I just sold my 2000 GS300 with 236 kms for an immaculate '05 GS300 with only 112k's (~67,000 miles). Looks awesome in black drives like new, has the gorgeous 18" alloys from the GS430 and everything works perfectly; I expect it will sail through 20 yrs of age without major issues.
The off-msrp was solid, but you're paying for that 15k/yr in that 698. He's going with a 10k/yr lease example payment. I imagine that isn't too much driving in Boston, which is pretty much the opposite of what I experience here in OK, save for Bostonians hitting Rhode Island because 'The Island' ::sucks::
What he was getting at is that built into the lease > purchase for a GS (which some yobo previously doesn't understand), is that the 3500 you get in the lease deal carries over into your potential purchase post-lease. If you just straight up purchase at the beginning then you don't get that extra 3500 and you're still doing the same thing, taking possession of the vehicle until it's paid off, traded in, sold, etc...It's like a Back Door Roth IRA: You put stuff into a 401(k), but then roll it over into a Roth because you're getting some more incentives with the 401(k) that you'd otherwise never see in the typical execution of a Roth.
It's okay Ari, some people can't math, and that's how you make money.
Hugfest...Wow, how can you negotiate more than 20% off the MSRP? Most of us got 11% and dealer wouldn't go down further.
I have a 2009 Lexus GS 350 with 392,000 miles.
Own the GS it’s an awesome car I’m getting it wrapped tomorrow pretty excited. The GS’s seem like they would be clunky but they’re actually super nimble
I had a 06 GS300 and after that LS460. LS460 was more comfortable but GS was the absolute best combination of comfort and sport. I enjoyed driving the GS more and never complained about it not being comfortable enough. GS is extremely comfortable and the LS just feels like you’re floating. I’m probably going to switch back to a 07-12 GS.
It rarely makes sense buying a new car unless you enjoy watching 30% or more of that purchase price go up in smoke in the next 12 months.
But you will still pay fees and doc fees twice. When you lease and when you buy it at the end of the lease.
You will pay the doc fee if you purchase it from the dealer. You can avoid this by paying off the balance using a check from your bank/loan company.
The fees your paying for registration, that’s true. You’ll have to register it again, and pay tax on the remainder portion you weren’t taxed on originally.
I purchased my 2013 Lexus GS350 f sport in 2016 as a CPO lease return. I was able to pay it off in two years only has 43k on it, Great car!
How much is insurance cost?
Ffidel Ccastro can’t remember how much I’m paying the my Lexus by itself because we have 4 cars which is 340.00 a month full coverage on all.
Ok thanks
It really is a fantastic vehicle !
i'm a car noob, can you please explain what exactly is a CPO lease return for the Lexus? thanks.
Great points buts its a Lexus man. That car has great value, be bulletproof and age like fine wine!!! Id say if you love it go ahead and purchase it.
I agree ... in this video i am saying its much better to just buy it used as a CPO or off lease instead of brand new.
You can easily find a one year leased RCF or GSF for hella cheap. They depreciate but Lexus depreciation really tanks only in the first year then it's gradual and steady for the F models. A 2016 RCF is around 44k-48k, a 2016 M4 is 40k-44k with a diff in msrp being 3-4k more for the M4. Sheesh. You'll find more off leased F80/82's than GSF's or RCF's as well, but the depreciation is a yikes.
Not all Lexus vehicles are bulletproof. That fallacy needs to die.
@@r.d.9399 They are GENERALLY all bulletproof cars for damn sure! Sure if you dont mantain a Lexus its not gonna be as reliable. I know what im talking about dude. Shut up
@@grovdogg19 Not in the bit honest on your part or you're just not knowledgeable. Go look up the 2007 Lexus ES 350 and come talk your shit again. Most people get stuck into your type of thinking an end up with a costly reality check on the back end.
No brand new car is worth buying, I think this is why leasing eventually became an option, fewer people are buying new cars and manufacturers need ways to push out new cars. So leasing naturally should be a better deal than buying, at least on the surface.
At the same time it's inflating used car prices to a point where the market will crash. Scary times we live in.
Who buys something to retain 90% of the value after use?...i usually make purchases based on if i can afford it or not...but maybe thats just me 🤣🤣🤣
You should never be the original purchaser of any luxury car. You always lose. I’ve even purchased cars for below invoice. I did lease one of my Benzs and then buy it after the lease was up. I would do that again. My next car will likely be a Lexus.
It is never best to lease a car, especially for a car that holds its value like Lexus cars do. Lease X2 and you're left with $0 on returning the car, buy it and after payments you can sell it for $20k or more. Keep it another 3 more years and that's $0
Purchasing a 2016 gs350 f CPO with one owner low mileage. I think the price point is much better now.
My lease on the RX is up in a few months. I will be buying a used GS. A terrific car and a great price. I''m the keep the car for 10 years type of guy.
@@bruceyung70 thanks Bruce. And you got me lol . I'm having trouble deciding between the ES, GS, and LS. Haha they are all so darn good.
I'm the "keep the car for 10,000 miles" type of guy lol.
@@cottagegymfun Well the LS is not anywhere near the other two in terms of class. The ES is front wheel drive, so if you care for driving dynamics then that's not it. The GS and the LS are separated by at least an entire class of car, but there's no doubt that the LS has the newest Lexus interior. Really it's up to you, do you want a sportier car or a gentle cruiser? You could get a GS-F if you want a sports car, or the GS 350 F-Sport so you can save some money, and still have a sportier oriented car. In my opinion, the LS with the F-Sport package looks the best, and also the 3.5TT engine is very torquey and has a good amount of power. At the end of the day, all of their calls are very great to lease.
Just got my gs . Cabernet interior . Gonna be in the family for generations
Bought a 2015 Lexus GS 350 F Sport AWD for 30k with 19k miles and I absolutely love this purchase. The car is amazing and I will one day pass it down to my kid.
Have your thoughts changed any or do you still love it?
yeah, do you still have it?
Owned my 2016 gs350 for 3 years and I couldn’t be happier❤️
What I am trying to tell you guys is, it’s better to purchase this car off lease or as a CPO.
Ari Janessian , I agree! In 2016 I purchased a CPO 2014 GS F-Sport, MSRP of $59k. I paid $39k. It had 17,000 miles. Never felt like a used car to me. For the GS this is the best way to go.
I sell them and I agree with his advice.
Ari Janessian Damn right!
I am not the owner of Lexus, but I got a Lexus maid handkerchief during this period! I am born in February I am happy for the best birthday gift in February! Have you asked Lexus to give you a present?
@Open Ranks obviously. I am a poor man
I own 2016 gs 350 f sport 4 years I had no issues just oil change and go keep your BMW and keep repairing and spend your money and life at the michanic garage Good luck
Mr M M did you buy it with a warranty and how many miles?
I have a white on red 2016 GS350 F-Sport that I bought used back in June 2020 with 41k miles for $31k after taxes (Original MSRP $58k) now with 67k miles & has been an absolutely incredible car that I'm planning on keeping for a very long time. I love it now more than ever & I would buy the same car again as of now & I'll probably be saying the same thing five years from now. It's that good.
My Lexus GS 350 F Type is the best car I’ve ever owned! These cars are INSANELY reliable! No issues ever. Crazy luxury interior, crazy quick in S Mode and S+ mode. Get out of here bro
I bought a used 2015 white gs350 F sport crafted line with every option you can have , and I love it !!!
How many miles and at what price? Looking to purchase the same
29k miles. For 33k
@@alinmatti786 When did you purchase it?
@@d_nguy August of last year
MATTI MATTI is it pretty fast with 306 horsepower or should i go for 311
I don't agree with u but go head. This car is only for people that knows Toyota high class.
I got my 2013 Gs300 back in 2018 w/50k miles paid 26k. Absolutely love the car. Got its at 1% APR
Ari, please give me an update on this car with the current offer, I need to do this ASAP, since I’m planning to do this next week. Thank you in advance. 🙏
Hay would you buy a 2013 GS 350 AWD with blind spot and premium package with 46,000 miles for $21,000 ?
Its a fair price.. But you can find one cheaper as well..lol
Lark Thomas ya this one has no accidents and full dealership service records, I’ve found cheaper too but they all had history of structural damage
@@MannySilva cheaper doesn't always mean better.
thats right where the price is at, i bought my 2013 gs350 last yr for 21k with 60k miles but more loaded than the f sport with every option checked off including stone white seats and rear seat controls with adaptive suspension (new 61k) remember its a quality car thats gonna last
Not a bad price at all. I could work with that and even get it down to the 20k or closer mark. Also, although being the first Gen, that was the best one. It maintained the 6 speed transmission from the previous generation GS, which was wonderful. I had the previous Gen with that engine and tranny and it is better on gas Than the new 8 speed and quicker. So grab one! Don't let the numbers on paper fool you. I have the 2016 IS 350 F sport now and my 2008 GS 350 was quicker and better on gas. That's the motor and tranny in the 2013 GS. Don't hesitate!
I bought a loaded 1 owner, clean carfax, all service at dealer, GS350 awd non f-sport with 78k miles ($60k brand new MSRP) in October 2018 for $19k.
Absolutely love it, felt like I got a steal on it!
If you want to buy a Lexus and don't mind being the 2nd owner, buy a 4 or 5 year old Lexus and save $30k-$40k
Used is definitely the way to go!!
Absolutely, it's a huge value used in the mid $20k
I am looking at 2016 GS350 RWD with only 26400 miles, about 29773 usd before tax. Still negotiate down more.
That's like saving more than 25000 usd off the new one.
I have a new RX350 and really love how comfort and quiet it is.
Toyota(lexus) will last longer, more reliable than any BMW you'll find my friend. Save your breath! Lol
Lexus vehicles are the BEST they last you for life
i agree
I bought a certified BMW 750 i a few years ago and within 1 year there was a oil ..leak under the car ...$10K to fix a broken pipe in the engine ...mostly labour as the pipe was hard to reach and the engine had to be taken apart! traded it in for a Lexus LS 460 and 8 years and 20K miles later...total cost of repairs under 2K !!!!
Hey bud, did you forget to calculate sales tax on the residual portion during the buyout?
I just a bought a 2013 loaded. Mark Levinson sound which is absolutely amazing. Car was garage kept with 36,000 miles on it in mint condition. Paid $23,500.
I searched a long time and being patient paid off. Buying a used car can be risky. I even got my preferred color choice for Int/ext.
w m is yours rear wheel or awd?
RWD
What the mpg like ?
Miko 17- 20 city 29-31Hwy
Says who? Lexus yes you should buy worth every penny, if you just trying to get views make video with same headline on maybe gm lincoln dodge or some other american unreliable crap
I just picked up a 2014 Lexus GS 350 F sport for 20k, it’s in great shape, but I can definitely get behind the idea of leasing a brand new GS given the depreciation of that particular car it would actually make more sense to lease it then buy it out at the end of the lease, and heck, if you don’t want it at the end of the lease you aren’t stuck with it! Great video
This video is ridiculous!! It's a Lexus and holds its value.
I drive 30 k miles a year , if I lease and then buy the car , I still have to pay for the miles I went over ??
I found a 2015 for 27k, with 46k miles, F sport, premium package, mark levinson.. is this an okay deal?
No it's not
I ❤ my 2014 GS350 AWD
Granted I didn't watch but I've owned 2 GS (06/13) over the last 9 years and have only had an ac compressor go up on me out of the ordinary. Best 2 reliable cars I've owned.
I have a 2018 GS 350 that has been in my garage undriven for a year with 14,000 total miles and my lease will be up in 6 months. Can someone give me some suggestions what to do as lease comes to an end? Thanks much!
You pulled an M. Night Shamalamma with the title, cause I was like, wtf is wrong with a GS?? That aside, the info you presented was rock solid and easily understandable. As I get older, I am finding it hard to rationalize buying ANY make/model brand new; the depreciation factor is patently absurd.
Thank you Jay ... I completely agree btw
Only car worth buying new has been the Tesla Model 3 because of the tax incentives.
Does anyones burn a lot of gas..does tune up help. Please help gas killing me
So Ari, WHY would you suppose Lexus so strongly favors leasing? To get customers to get a new one every 3 years?
Love to see a breakdown on extended warranties and dealing with this terrible no haggle trend in dealerships.
Absolutely! I’ll touch on that very soon!
Seems like Lexus really doesn't want to sell the GS but do Leases on them. I don't see much if any GS350 deals.
What's wrong with buying one used for less than the residual value. Thought you had something to say against the car itself.
You forgot to factor in interest and taxes on the $30K residual purchase, unless you pay cash. That adds $5 - $7K to total, making your strategy more expensive.
Buying a car = 60 months = higher monthly payment...
Leasing a car = 3 years > then purchasing the same car on 5yr loan = 8 years of payments = lower monthly payments...
Amount paid over the course of these two different purchasing methods - IS THE SAME ... therefore, there is no "saving" but ultimate decision, do you like to pay more, pay off early and drive and maintain car for longer term... OR do you want to lease and have option to "get out of it" ...
At the end - you will return lease, and throw close to 20-25k out of the window, and dive right into another lease... in my experience those are the facts, because who is determined to keep the car, they do not lease it they buy it... whoever leases the car, they lease it, return it and move onto another better model, newer model, etc.
Its 2022 i just bought a gs 350 f sport with 15k miles best car ive ever heard red leather interior exhaust setup and going to tune soon
Doesn’t insurance increase if you lease ? 🧐
I actually listened to your video and understood your points. Makes sense! Nice approach
❤️ one of few haha .. thank you!
U dont kno wat u talkin about ! Gs350 best car i ever bought
But ari those engines are bulletproof and still can make a great resale value? More difficult approach?
Sean I’m not saying don’t buy it at all. I’m saying don’t purchase it brand new. If you’re going to get it Brand new, lease it then buy it out at the end. You save more money.
That's true. Brand new is such a waste of money. 50k with 2k miles opposed to a f sport in 2015 with 40k for 20k. Thanks for the feedback!
Still have to pay interest on the loan you'll need to buy the car after the lease ends though.
what if I decide to take over somebody's lease on GS350 F sport since the car is coupe or more years old, and than finance it after lets say 9 months left on lease payment? Or even of course just finance a used one, but the APR and fees would still be high. Need an advice.
That’s always a viable choice
Wow. All these thumbs down, and I literally learned how to spend less money, to BUY the same car, and folks didn't even take the time to hear you out!
This is why, we can't have nice things folks. 😑
Ari: I really enjoy your videos. I used to be a Lexus GS guy, but my last two cars have been leased Lexus RX350s. I bought out the lease on my current RX350 at the end, and like your GS example, I got the car for less than it was worth--great deal. I am now in the market for a RX450h. As you may know Lexus is aggressively marketing the hybrid RX models by making the difference in price for the hybrid almost negligible, so there should be others interested in this as well. Please do a video on your strategies for purchasing or leasing one of these 450h models (F-Sport if possible). Thanks, -Jim
Jim, thank you very much for your kind words! Yes I’ll touch on the Hybrid models for sure!
I found a 2015 GS 350 with 21K miles for 27K what do you think?
Wrong! Buy it. I have a 2007 GS 350 with 220K miles and it still going strong. No way a lease would come close...
What do you think of a 2011 Toyota Camry LE with 26,000 miles for $7,995?
Ari please can you make video about Lexus LC500 buy or to lease and which one is more comfortable to do and best way to negotiate
Would a used GSF be a good buy now and keep it for the next 10 yrs?
Well of course just take care of your 5.0
Gs is the best he don't know what the hell he's talking about
😂😂
So you save $3.5k if you lease - okay, but that’s if you pay the residual outright when your lease is done, right? That’s not considering financing that $19k at the end.
New subscriber, I'm also in Massachusetts (west mass) and I'm currently searching for a used car (1st car) we already own a pilot so we are accustomed to driving in snow via 4wd... I had recently targeted an 06 lexus gs 300 awd... with 100,000 miles. I dont know how to weigh out my options... I'm also about 6 foot 4 so I'd like something big bodied and I'm not even locked onto the idea of a lexus.... I mean my first choice was an 07 Avalon limited... a point in the right direction or even a "I'd say go for it".
also... would it be just as good if I went after an ES 330? Budget of about $7000
Gs350 best Lexus made
Mine was and still is the 2004 LS430! To me! Best car ever!
M Ladd what makes it the best ? I heard the parts are super expensive to fix
Why would you lease reliability???
WOW thank you so much. You made that crystal clear. Makes total sense and I didn't know about the incentives.
I am actually looking to purchase another car soon. I've had my Buick rendezvous for about 11 years and I bought it when it was about 5 years old. I was the second owner. Well I'm just now putting substantial amount of money into it to fix it mind you it just hit 250k majority city miles. I've always had buicks but now I want a Lexus and I e been researching so I know stuff when it's time. What's the best year and model of a used Lexus? I really like the 2007's
I currently have a leased an RX350 sport and I have about a year left on it, only placed 11k miles on it. Original 3 year 12k a year. I’m thinking to trade it and get a used Escalade, or should I leased a new GX460? I was told no money down if I continue with LEXUS, what do you think?
That was a good video but what if you go over the mileage isn't there a charge for that
Justin Chapman yes you would have to check on cost of miles
@@jbarres80 thank you
You forgot to add that you pay more insurance while leasing...
He isn't talking about the car at all just the lease prices. Interesting video and title man
lexus performance cars are the ones to purchase and own. what i would lease are, amg's and porsches, as they are the ones i am currently considering. wouldn't even consider bmw's or audis...
Does that total number at the end include the sales tax on the residual value?
How about adding on the $4-5K you had to pay when you leased the car. Leasing would be a break even or maybe even $1-2K more than buying.
what about buying is used I'm looking at a 2015 20k
Used is the way to go, 3-5 years old (I wouldn't hesitate to go older with a Lexus). Buying any new car is one of the stupidest financial moves you can make.
i get what your saying but at the same time, the difference of 3500 is probably marginal for those looking at a vehicle at that price point.... At that point because its a lexus (which doesn't hold as much value as "legacy" brands+ plus it's more reliable) those who are looking at a gs350 should opt for a slightly used one between 20-40k and reap the benefits of depreciation
How about just buying a 3 year old low mileage, off lease for 30K?
That’s definitely a much better idea!
I'm old enough to remember my favorite car being the Jaguar E-Type. I actually got to own one.
When you lease, you have to pay insurance in full! But you never mention that!
Leasing a vehicle is not good for everybody. I live in Texas and I drive 40,000 miles a year. I want something comfortable and reliable something that start up and get me to and from work every day. The10,000 miles limit on the lease is an insult.
Ari, you are car deal brilliant! By best car negotiation was on my on wife’s 2016 Toyota Prius w/ msrp $30k. Toyota dealer #1 says we don’t discount it wouldn’t be fair to other buyers, per Toyota we can give either $2500 off MSRP or0% financing for 72 months. I go to Toyota dealer #2, I negotiated $5000 off msrp AND 0% financing for 72 months.
Literally HILARIOUS, the amount of BS that will leave one salespersons mouth, vs another even at the same dealership. “We don’t” usually means “I prefer”.
Good work 💪🏼
Awesome deal