pj8708 Posted August 3, 2013 Share Posted August 3, 2013 The auto sales figures just out for July show double digit increases for many badges. Sales numbers are nearing those of prerecession levels. That despite the fact that prices haven't been lowered, just streching out the payments. As I read the article, I wondered what was the most popular way to purchase a Lexus? Would it be: A standarnd installment loan plus trade B. Lease? C. Cash upfront + Installment loan D. Cash E. Other.....please explain? This is not a survey,no results will be tabulated. It's simply an interesting way to look at the difference(if there is any, between a luxury car buyer experiance and a median car buyer. Lets have some fun with this! (Actually, Steve W buys my Lexus for me.) (I know where the family skeletons are buried.)LOL Paul http://autos.aol.com/article/auto-sales-july-ford-gm-general-motors/?icid=maing-grid7%7Chtmlws-main-bb%7Cdl12%7Csec3_lnk1%26pLid%3D353047 Quote Link to comment Share on other sites More sharing options...
13IS250C Posted August 5, 2013 Share Posted August 5, 2013 I traded in my 370Z for mine. My Z was paid for because I sold my Camaro I had had for 17 years and paid it off. Needless to say, I had a great trade. Other than that, I don't think I would have spent this much money on a car. My husband and I like to travel. I think low interest rates play a factor too. I'm a perfect lease candidate. I keep a car perfect and I keep them low mileage. I just don't want to be under contract to HAVE to keep a car a certain amount of time. If something else turns my head, I want to be able to get it. Quote Link to comment Share on other sites More sharing options...
SW03ES Posted August 9, 2013 Share Posted August 9, 2013 You can always trade out of a lease... I think something like 75% of Lexus vehicles are leased... Quote Link to comment Share on other sites More sharing options...
13IS250C Posted August 9, 2013 Share Posted August 9, 2013 WOW!!! That is hard to believe. Quote Link to comment Share on other sites More sharing options...
SW03ES Posted August 11, 2013 Share Posted August 11, 2013 Most luxury cars in general are leased, for Mercedes the % is more like 80-85%. Quote Link to comment Share on other sites More sharing options...
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