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Lexus ES 330 Lease Questions - READ ONLY

68 messages,  Last post on Nov 06, 2007 at 8:53 AM

You are in the Prices Paid & Leasing Experiences Archive Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Lexus ES 330, Car Leasing, Sedan


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#40 of 68
Re: Looking into a lease for a 2006 ES 330 [hotjohn] by Car_man HOST
Apr 10, 2006 (2:34 am)

Replying to: hotjohn (Mar 15, 2006 6:32 am)

Thanks for the additional information, hotjohn. Unfortunately, this car's lease program has completely changed for the month of April. Lexus is no longer providing lease support on it. It replaced its special lease money factor with $1,000 dealer cash. Make sure to renegotiate your car's selling price taking this cash into account if you haven't leased it already. If you want to lease an ES330 through Lexus Financial Services right now. you will have to use its standard lease program.
 
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#41 of 68
Re: Lexus ES 330: Lease Questions [Car_man] by man12
Apr 27, 2006 (5:50 am)

Replying to: Car_man (Aug 31, 2005 3:23 am)

Hi Car_man
 
 am negotiating a deal to lease 2006 ES330 for $383.29/month plus 6% taxes for 36 month, 12000miles/year.
 
MSRP $34729
Selling Price $30500
Cap reduction 1499
Bank Fee 600
Motor Vehicle 189.50
Tire Fee 7.50
Doc Fee 105
 
Payment 2808
Monthly payment $383.29
 
The dealer indicated MF .00245 and RV 56%.
 
Is this a good deal?
 
The only issue with this is that the car does not have traction control, vehicle stabilty control and wood stering?
 
Thanks
#42 of 68
Lexus 330 lease by gwynters
Apr 28, 2006 (8:34 am)
I've been waiting for the 07 to be available. My local dealer is just beginning to get cars. They offered me this deal on a 06.
 
MSRP 38,904
CapCost 34,955
Residual 20,525
MF 002350
 
36 months with 15K
 
Their offer is 560 a month with 2500 down.
I ran the numbers and get 560 with 6% sales tax included and zero down. I'm I doing the calculation correctly? Are they using the correct MF and RV?
 
Thanks
#43 of 68
Re: Lexus ES 330: Lease Questions [man12] by Car_man HOST
Apr 30, 2006 (12:57 pm)

Replying to: man12 (Apr 27, 2006 5:50 am)

Hi man12. The money factor that you were quoted for this car is in line with Lexus Financial Services' current buy rate money factor for it. This is always a good sign. The selling price that you were quoted for this car is very attractive as well, assuming that the cap cost reduction that you mentioned is not being taken into account in the selling price that you mentioned. This looks like a good deal to me.
 
You really should not make any sort of cap cost reduction when leasing though. If you do, you risk losing it if your car is totaled in an accident or stolen. Here's a lease payment based upon no down payment, just in case you are interested. According to my calculations, the zero down, pre-tax monthly payment for a 36 month, 12,000 mile per year lease of an '06 ES 330 with an MSRP of $34,729 and a selling price of $30,500 should be $435.
 
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#44 of 68
Re: Lexus 330 lease [gwynters] by Car_man HOST
Apr 30, 2006 (1:03 pm)

Replying to: gwynters (Apr 28, 2006 8:34 am)

Greetings gwynters. The money factor that you were quoted for this car is in line with the current buy rate lease money factor for it. The selling price that you were quoted looks good to me as well, assuming that it is before the deduction of any capitalized cost reduction. If you lease this car, make sure not to make such a large down payment though. If you do, you risk losing it if your vehicle is stolen or totaled in an accident. I always advise consumers not to make any sort of cap cost reduction when leasing.
 
I just double checked the lease payment that you mentioned and according to my calculations, the zero down, pre-tax, 36 month, 15,000 mile per year lease payment for a 2006 ES 330 with an MSRP of $38,904, a cap cost of $34,955, and a money factor of .00235 should be around $500.
 
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#45 of 68
Re: Lexus 330 lease [Car_man] by robertw477
May 01, 2006 (7:09 pm)

Replying to: Car_man (Apr 30, 2006 1:03 pm)

Are there any special Lease deals on the 2006 ES330 or 350 cars? I am busy and hate going to the dealerships and such. I have used a lease broker in the past and have done well. Spoke to a local South Florida dealer Sat. After three coverations he tells me he cant quote prices over the phone. Looks like I go to another dealer.
 
Appeciate any suggestons. Considering the best deal I can get on a Lexus 330, BMW or similar class of car.
 
Robert
#46 of 68
Lexus ES330 lease by agidol
May 02, 2006 (7:45 pm)
Hi can you please tell me if this is a good deal?
2006 ES330
MSRP 36359 (includes premium package)
Money Factor .00245
Zero down
12k/36 months
$426 per month including 6% sales tax.
 
My first time leasing... should I take this offer?
#47 of 68
Re: Lexus ES330 lease [agidol] by robertw477
May 05, 2006 (11:07 am)

Replying to: agidol (May 02, 2006 7:45 pm)

That looks like a fairly good deal. Did you get this price in S. Florida? I am looking for the same deal. I was quoted a similar price but on 48 months. told them to quote me on 36 months.
 
Rob
#48 of 68
Re: Lexus 330 lease [Car_man] by robertw477
May 05, 2006 (5:42 pm)

Replying to: Car_man (Apr 30, 2006 1:03 pm)

I was told the following by a local dealer. Since the ES350 replaces the 330 completely they are motivated to move the last 20 cars they have. This is ne of the largest if not the largest Lexus Dealer in the Country-Margate,FL.
 
They have a premium plus car (or several of them) Sticker was 36,359. They told me they will sell them for 31,900 so a 36 month lease with ZERO CAP COST reduction, 12K miles, will be $499.00.
 
The selling price of the car sounds ok to me but the $499 sounds high. Salesman claims Lexus Financial is not agressive in the financing part of the deal. I asked abot the 350 because it has a few nice features. He told me there is no incentives to move them and to igure about $100.00 a month addtl.
 
Appreciate any comments. I think he will make a lower offer to me than the 499 but trying to figure the best deal.
 
Rob
#49 of 68
Re: Lexus 330 lease [robertw477] by agidol
May 08, 2006 (1:57 pm)

Replying to: robertw477 (May 05, 2006 5:42 pm)

I think $499 seems high - at least compared to my deal in NJ. Mine was pretty much the same MSRP car, zero down, and the final monthly payment of $426, or really $399, before tax. I am sure you can squeeze more out of your dealer as they seemed desperate to unload 2006 models.

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