How to buy a Lexus with coupons

[jeffrey]

I bought a Lexus ES 350 with coupons.

When I purchased the shiny, silver luxury car in September, I decided to pay the bank note each month with savings I reap from coupons.

I'm paid up through December.

When friends laugh at my super-saving ways and say it's not worth the time it takes to clip and save, I ask them what car they drive?

http://articles.sun-sentinel.com/2013-06-09/features/sfl-doreen-christensen-how-i-bought-a-lexus-with-coupons-20130609_1_coupons-publix-super-summer-savings-card

[phantom]

I don't get it. This lady borrowed money to buy a luxury car and her friend's think she's a "super-saver?" Her friends and I must have very different definitions for saver. It'd be one thing if she had the money to buy a luxury car and choose to take advantage of a low interest rate loan. But, since she claims to need coupon savings to afford the note, that obviously isn't the case. Furthermore, how much do you have to be spending on groceries in the first place for your savings to cover a car payment?

While I do like the thought of saving money in one area so that you have more to spend in others, this article is just absurd. Luxury cars are expensive and no amount of cutting back in other areas changes that.

[Blessed]

I don't get it. This lady borrowed money to buy a luxury car and her friend's think she's a "super-saver?" Her friends and I must have very different definitions for saver. It'd be one thing if she had the money to buy a luxury car and choose to take advantage of a low interest rate loan. But, since she claims to need coupon savings to afford the note, that obviously isn't the case. Furthermore, how much do you have to be spending on groceries in the first place for your savings to cover a car payment?

While I do like the thought of saving money in one area so that you have more to spend in others, this article is just absurd. Luxury cars are expensive and no amount of cutting back in other areas changes that.

Glad to read your reply. I typed out a reply last nigh but decided not to post it since I thought maybe it was just me being cranky. I thought no she didn't buy a Lexus with coupons she bought it with debt. If she has a bad month couponing can she still pay the note? I personally want to see the whole grocery total spent per month before I decide if the couponing is fantastic or not.

[JoeP]

I bought a Lexus ES 350 with coupons.

When I purchased the shiny, silver luxury car in September, I decided to pay the bank note each month with savings I reap from coupons.

I'm paid up through December.

When friends laugh at my super-saving ways and say it's not worth the time it takes to clip and save, I ask them what car they drive?

http://articles.sun-sentinel.com/201...r-savings-card

Someone help me understand:

So she goes to these stores, coupons in hand, buys a lot of stuff, sees a figure on the receipt saying she "saved" $X, and then writes a check to the loan for $X?

[disneysteve]

Someone help me understand:

So she goes to these stores, coupons in hand, buys a lot of stuff, sees a figure on the receipt saying she "saved" $X, and then writes a check to the loan for $X?

Yep. She is considering that she actually saved the amount of the coupon.

Of course, that isn't how it really works most of the time. Coupons are typically for expensive national brands. Even with the coupon, the final price is usually still higher than the store brand comparable product. Also, coupons are mainly for highly processed crap, not fresh produce, meat, dairy products, cooking and baking staples, etc. So not only aren't you really saving much money with coupons but you're probably eating lousy.

[JoeP]

Yep. She is considering that she actually saved the amount of the coupon.

Of course, that isn't how it really works most of the time. Coupons are typically for expensive national brands. Even with the coupon, the final price is usually still higher than the store brand comparable product. Also, coupons are mainly for highly processed crap, not fresh produce, meat, dairy products, cooking and baking staples, etc. So not only aren't you really saving much money with coupons but you're probably eating lousy.

Agreed. I guess my point of confusion is this: I go to the store, spend $100, get a receipt saying I saved $200, and then go spend that $200. I've basically converted $100 into non-cash, and then spent $200 because someone claimed that I just saved money.

Would you go and buy a car for 20% off list price, spend that 20% on power tools, and then make the claim that you got those tools FREE when you bought your car?

[phantom]

Would you go and buy a car for 20% off list price, spend that 20% on power tools, and then make the claim that you got those tools FREE when you bought your car?

Sure!

Helzberg likes to send my husband coupons for several hundred dollars off when he spends several thousand. He should totally buy me diamonds every month so that he can save enough money to make payments on a sports car for himself.