Last post on Nov 06, 2007 at 8:53 AM
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Lexus ES 300, Lexus ES 330, Sedan
#1379 of 1426 Re: ES 330 2006 lease [newcarbuyer3]
Dec 01, 2005 (3:26 am)
Hi newcarbuyer3. Let's take a look at this car's current lease program. If you were to lease a 2006 Lexus ES 330 without navigation through Lexus Financial Services right now for 48 months with 15,000 miles per year, its buy rate lease money factor and residual value should be an attractive .00123 and 57%, respectively. 15,000 miles per year is the highest mileage allowance that LFS publishes residual values for. If you need more miles than this, you will have to purchase them on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty. I would be happy to use this lease program to estimate what the lease payment should be like for you on the exact car that you are considering. However, in order for me to do so I need you to provide me with its full MSRP and an approximate selling price. You should be able to get a good idea of how much you will have to pay for this car by visiting the following discussion: "Lexus ES 300/ES 330: Prices Paid & Buying Experience".
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#1380 of 1426 Re: ES 330 2006 lease [Car_man]
Dec 01, 2005 (9:11 pm)
Car_man, my current quote:
Selling price $33,279
Residual $13,228 (38%)
Money factor 0.0031 (7.43)
In addition, I have approximately $10K I need to roll in from my current lease - I'm assuming that's why they are quoting such a high money factor (they know I have excellent credit so that is not the issue). Also, they are offering to pay for the taxes as a "December Special" which would be 8.25% otherwise. Thoughts?
#1381 of 1426 Re: ES 330 2006 lease [Car_man]
Dec 02, 2005 (7:43 pm)
To give you an update: Got the car 15K mi/ 36 mos. First mo. and inceptions. Including rolling $1,313 (3 mos. on old lease) paying $439/mo. tax in. I am very happy since it's about $1 more than I was paying for a 2003 Acura TL. Paid just under invoice.. ate into the holdback a little. I believe it was approx. $30k that I paid. No buyer's remourse here! The money factor was unbelievable. I believe it's a subsidized lease since they are changing style drastically around March/April. Hope this is helpful.
#1382 of 1426 Planning to lease a lexus ES 330...
Dec 04, 2005 (9:02 am)
Planning to lease a lexus ES 330 end of feb in NJ. Want
- Navigation System, Mark Levinson Audio
- 17" all weather tires
- Heated & Ventilated Seats, High Intensity Headlights
- interior/ext color does not matter
Wanted to put down as little as possible.
Will return car at the end of lease.
Any suggestions on what a decent monthly lease payment should be?
Thanks in advance - Sanjay
#1383 of 1426 Re: Planning to lease a lexus ES 330... [assamese]
Dec 04, 2005 (12:05 pm)
forgot to mention that I am looking for either
- 36 mos, 15k/year
or - 24 mos, 15 k/year
Thanks again. Sanjay
#1384 of 1426 Re: Planning to lease a lexus ES 330... [assamese]
Dec 05, 2005 (4:16 pm)
I'm from LI, but got my best lease deal in NJ. 2005 ES330 very closely equipped as you mentioned. MSRP $35,707. I took 36mo. 15K. TAS approx $1,400. $417 per mo.incl tax.No dealer on LI would meet the deal. However.....it's a good thing I got the deal in writing beforehand, as when I went to pick up the car, they told me they made a mistake and wanted $1000 more. I held out and threatened to call Lexus right there and then if they didn't give me the car. They then gave it to me. I got it at Prestige. Good luck......
#1385 of 1426 Re: Planning to lease a lexus ES 330... [beardie]
Dec 05, 2005 (6:01 pm)
Thanks a lot for your response. Couple of quick questions:
- did you negotiate via email ?
- did you put any downpayment in addition to the $1400 for TAS ?
- anything else I should know, before I contact prestige ?
(My current lease for my BMW is from Prestige - in Ramsey, and it is running out on Feb)
Thanks again - Sanjay
#1386 of 1426 Re: Planning to lease a lexus ES 330... [assamese]
Dec 06, 2005 (5:33 pm)
I'm looking at my lease now, so I can tell you exact facts. 1) Yes, I did negotiate initially by e-mail to all the dealers. They have sales people who deal only with internet sales.When I decided to use the dealer, I spoke to them on the phone. I never went to the dealership until delivery. 2) 2005 ES330...MSRP $35,709. 36mo. lease, 15K per year. $417 per month incl. everything except tax and MV fees. My tax is 8.75% =$1313.00 ($417x36x8.75). I gave them the tax + $24 MV fees. There is no disposition fee, and any down payment is in the monthly.I also had to give them the first months payment ($417), at delivery. That's it. 3) Just be sure to get it in writing, and have it approved by a manager. The selling salesperson is not the one who should sign the contract. Get an authorized manager to sign it. They can then fax or send it to you to look over. If I didn't have that approved contract, I would not have gotten the car! They just need to know you're on top of it! Good luck....let me know how it goes.
#1387 of 1426 Re: Planning to lease a lexus ES 330... [beardie]
Dec 07, 2005 (2:52 pm)
These are the numbers from RayCatena, what do you guys think ?
A lease on a 06 ES 330 fully loaded with all the equipment you indicated and navagation without mark levinson, 36 months,12000 miles, $489.71 a month for Decmember
The inception fees are as follows, Bank Fee $600, 1st payment $489, motor vehicle's $175.50 and documation fee with tire tax $206.50, total down $1471, there is no disposition fee with Lexus
Thanks in advance. Sanjay
#1388 of 1426 Re: Planning to lease a lexus ES 330... [assamese]
Dec 08, 2005 (8:41 am)
Most importantly...what is the price they are selling the car at? Whats the Money Factor?