- #59 of 68
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Re: Lexus ES 350 lease question [mrod1975]
by Car_man HOST
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May 31, 2006 (2:12 am)
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Replying to: mrod1975 (May 13, 2006 4:41 pm)
Hi MartinR. Vehicles' money factors are and are not negotiable. I say this because dealers do not have the authority to lower banks' published factors. So if Lexus Financial Services' "buy rate" for this car is being used to calculate its lease payment, that's as good as its going to get. Having said this, dealers do have the authority to mark-up vehicles' money factors to add additional hidden back-end profit to deals. It appears as though that is what is happening with the car that you are interested in. I believe that LFS' buy rate standard money factor varies a little depending upon what part of the country one is in, but the buy rate for the car that you are considering should be more around .00255 if you qualify for Lexus' top credit tier. Make sure to insist that the dealer you are working with uses the buy rate to calculate your car's monthly payment.
Car_man
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- #60 of 68
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Re: Lexus ES 330 Lease-Is this a good deal? [robertw477]
by Car_man HOST
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May 31, 2006 (2:13 am)
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Replying to: robertw477 (May 20, 2006 7:53 am)
Hi robertw477. You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what these numbers are.
Car_man
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- #61 of 68
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Should I trade in ?
by beltelmel
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Sep 14, 2006 (5:15 pm)
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Never leased a car before and I am thinking of "trading" in a 2004 Acura TL (navi) for either an ES350 or an RX350. Question is - all the posts I read seem to be from people who put the minimum down payment. Is it a bad move to trade in when leasing as opposed to financing a car? Also what can I expect off MSRP? I'm in New Jersey. Looking at Premium Plus Package for both models. Thanks.
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- #62 of 68
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Re: Should I trade in ? [beltelmel]
by Car_man HOST
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Sep 26, 2006 (1:48 am)
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Replying to: beltelmel (Sep 14, 2006 5:15 pm)
Hi beltelmel. There's nothing wrong with trading in your existing car when leasing a new one. Just have the dealer that you are working with cut you a check for any equity that you have in your car rather than using the proceeds from it a s a down payment on your lease. You should be able to get an idea of how much you will have to pay to get this car right now by visiting the following discussion: "Lexus ES 350: Prices Paid & Buying Experience".
Car_man
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- #63 of 68
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Re: Lexus ES 330: Lease Questions [Car_man]
by be02939
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Feb 04, 2007 (9:22 am)
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Replying to: Car_man (Aug 31, 2005 3:23 am)
Hi Car-man, Great forum. Would you happen to know the Feb 2007 residuals and MFs for the Lexus RX 330? Thanks a lot for you help
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- #64 of 68
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Re: Lexus ES 330: Lease Questions [be02939]
by Car_man HOST
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Feb 10, 2007 (5:06 pm)
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Replying to: be02939 (Feb 04, 2007 9:22 am)
Thanks be02939. This particular discussion is for consumers to ask questions about leasing a Lexus ES 330, which I do not believe that it is providing lease support on any longer. Are you interested in leasing an RX 350? Lexus is running a special lease on it. Please post any questions that you have on leasing one in the following discussion: "Lexus RX 330 / RX 350 / RX 400h: Lease Questions". Thanks.
Car_man
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- #65 of 68
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SoCal Orange County es350 Lease
by telman1
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May 10, 2007 (1:19 pm)
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Just started looking for ES350 base w/Nav $41,822 MSRP. Have been quoted $37,122 cap (Seems too high), $2000 down, 15K-3x
drive off 550.65 plus OC tax= 593.33...do not have the time or patience to deal with all the dealership drama.. What is the right lease price, anyone have a pleasant experience in Orange County, CA
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- #66 of 68
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2004 RX 330 End of Lease - Buy?
by joeg1
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Nov 06, 2007 (8:53 am)
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I have a 2004 Lexus RX330 AWD with Navigation and am coming to the end of my lease. The vehicle has 73,500 miles on a lease which only allowed 39,000 miles. This will result in $8,625 mileage penalty. The buy-out is $23,900.
Since I am so far over on the mileage is my best choice simply to purchase the vehicle at the buy-out price? Is there are negotiating on the buy-out price or the mileage penalty?
Thanks for the help.
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