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Lease Transfer Price to good to be true?

arthuryarthury Member Posts: 2
edited November 2015 in Lexus
Hello,

I am shopping for a new Lexus and fell in love with the GS 350 FSPORT. I test drove it and the dealer quoted me $650 per month for a new 2015 lease. I saw on a swapping site that there is a listing for $488. Is this too good to be true? Please advice and help me make a decision. Im new to leasing in general and dont know the risks of taking over a lease. Here is the listing please let me know what you think.

http://leaseforlease.com/NY/lexus-gs-350-2015-atomic-silver-gasoline-fresh-meadows

Comments

  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    Are you okay with the limited number of remaining miles?
  • arthuryarthury Member Posts: 2
    I guess, i dont really drive much. So i think 562 miles should be enough. What do you think about the deal though? Why is the dealer trying to get 200 dollars more a month? I never saw such a price difference.
  • kyfdxkyfdx Moderator Posts: 237,100
    arthury said:

    I guess, i dont really drive much. So i think 562 miles should be enough. What do you think about the deal though? Why is the dealer trying to get 200 dollars more a month? I never saw such a price difference.

    You don't know the original terms of the lease you are assuming.. Maybe, the current lessee made a big downpayment? You are comparing apples and oranges.

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