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Lexus LS 400/LS 430 Prices Paid and Buying Experience

536 messages,  Last post on May 08, 2008 at 6:59 PM

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What is this discussion about? Lexus LS 400, Lexus LS 430, Car Buying, Sedan

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#177 of 536 Re: 2004 430 Purchase [garyh1] by ls430nsc Dec 08, 2004 (4:53 am)
Replying to: garyh1 (Dec 07, 2004 10:09 pm) One other question before making a purchase decision - what is your opinion on the Sports suspension? Did you consider it when you made your purchase? Thanks for the reference to the 17" vs 18" wheel discussion. Maybe the 18" wheels are sufficient to get a little better handling? Thanks Replies to this message: garyh1 (Dec 08, 2004 9:04 am)
#178 of 536 Re: 2004 430 Purchase [ls430nsc] by garyh1 Dec 08, 2004 (9:04 am)
Replying to: ls430nsc (Dec 08, 2004 4:53 am) I did not drive a EuroSports suspension. From what I heard or read on the LS forum, many people thought it gave an inferior ride. I did drive both 17" and 18" wheels, and I think the 18" cornered a bit better and gave a little more road feel, which I liked. I wouldn't have done this on an '04, when the 18" tires were "summer" tires, but Lexus switched to "all season" 18" tires on the '05. Hopefully, these will last longer than the previous "summer" tires, but only time will tell.   The other choice is to go with the Ultra package for MSRP $11,320-13,570 more, and get the Adaptive Variable Suspension which lets you choose 4 levels of firmness. But that was more than I wanted to spend, and I didn't care about decking out the rear seat the way the Ultra comes.
#179 of 536 DECEMBER TO REMEMBER? by bartalk2 Dec 11, 2004 (10:25 am)
Is that a genuine factory to dealer incentive; if so, how much, or is it just advertising hype? Is one more likely to get a better deal in December than at other times? Replies to this message: cove148 (Dec 11, 2004 7:38 pm) hpowders (Dec 12, 2004 7:05 pm) ljslaw1 (Dec 12, 2004 9:34 pm) garyh1 (Dec 12, 2004 10:40 am)
#180 of 536 Re: DECEMBER TO REMEMBER? [bartalk2] by cove148 Dec 11, 2004 (7:38 pm)
Replying to: bartalk2 (Dec 11, 2004 10:25 am) Never thought I would lease, but is this a good deal? Appreciate any advice. Lease quoted in Texas on a 2005 with a MSRP of $58924, 48 months, 15Kmiles/year, $880 down, $760 a month. Pricing is part of the Dec to remember program. Again appreciate your thoughts.. Replies to this message: hpowders (Dec 12, 2004 7:05 pm) ljslaw1 (Dec 12, 2004 9:34 pm)
#181 of 536 I'm no expert... by gteach26 Dec 12, 2004 (9:47 am)
...but around here in my neck of the woods (South Florida) that would be a decent 36 month deal not a 48 month one. If you're in an area with little competition though you just might have to settle for that.   If you have the Cap cost, residual value and money factor on this deal I'd suggest you post your figures in the "Lease questions ask here" forum here on Edmunds and let Carman run the numbers to see if they are fair. Here's a link to that forum (I hope I did this right!!)   Car_man, "Lease Questions - Ask Here" #15266, 12 Dec 2004 11:54 am     Still.. to my untrained eye I'd think there's room to move downward price-wise on that deal. Based on the MSRP you mentioned, you are looking at a base vehicle with the premium package-- from what I've seen here locally those vehicles are WIDELY available and dealers are eager to move them out.   Also... congrats on choosing the LS, it is a wonderful car! I've had mine just two weeks (see post #162 to see my lease details) and am amazed every time I sit in the car!
#182 of 536 Re: DECEMBER TO REMEMBER? [bartalk2] by garyh1 Dec 12, 2004 (10:40 am)
Replying to: bartalk2 (Dec 11, 2004 10:25 am) See this posting from another Edmunds forum on Lease Questions (#14866) in response to a question posed by proud new LS owner gteach26:   Unlike many of the advertising campaigns that tout special holiday deals, Lexus actually backs up its "December to Remember" promotion with very attractive lease and finance rates. The LS 430, which normally does not have any sort of support on it at all has both special financing and lease rates available on it this month. Lexus Financial Services' 3 year, 12,000 miles per base lease money factor and residual value for the 2005 Lexus LS 430 Custom Luxury should be .00165 and 56%, respectively for consumers who qualify for its Tier 1 rates. In lieu of this special lease program, it is providing 3.76% financing for up to 5 years for Tier 1 customers.
#183 of 536 Re: DECEMBER TO REMEMBER? [cove148] by hpowders Dec 12, 2004 (7:05 pm)
Replying to: cove148 (Dec 11, 2004 7:38 pm) I was offered $595 plus tax for 48 months, 48,000 miles last summer for a new 2004 with premium and smart key but I turned it down: $58,349 MSRP, $53,309 negotiated price. $760 is way too much! Perhaps last July was part of Lexus' "Summer To Remember?" The point is I think a savvy shopper can find great deals all year round.
#184 of 536 Re: DECEMBER TO REMEMBER? [cove148] by ljslaw1 Dec 12, 2004 (9:34 pm)
Replying to: cove148 (Dec 11, 2004 7:38 pm) Previously posted my numbers:   Modern Luxury package (Mark Levinson audio, nav smart key, etc.)$64,000 sticker   36 mos. 735 per month (includes tax) 12k miles $1500 down   You probably can do better.....
#185 of 536 lease v buy by sis2 Dec 22, 2004 (10:20 am)
Would it be a good idea to lease then buy at the end? Why, Why not?
#186 of 536 Depends...... by nvbanker Dec 22, 2004 (10:31 am)
I have often done just that - it gives me two options that I like;   1: I can see how the car holds up. By lease end, if the car has been reliable and I enjoy the car, still like it and am confident in it, I may buy it out of the lease if;   2: The residual at lease end turns out to be fair with the market value at lease end. But if the residual on the car is more than the market value of the car turns out to be at lease end, then I'll let the financer take the hit and buy or lease another car. Three years ago when I leased it, they guessed on the residual value, gas prices and the economy and the performance of the car can change things over 3 years. Sometimes that residual can turn out to be a steal, sometimes it can be a rip off, and sometimes it can be a good guess.   I consider all of these factors at lease end, and make my decision.

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