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Lexus ES 330 Lease Questions - READ ONLY

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

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

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#54 of 68 Lexus ES 330 Lease-Is this a good deal? by robertw477 May 20, 2006 (7:53 am)
I have just been offered a leftover 2006 ES330. It has premium package. No satellite radio, bluetooth etc.   426.00 a month Plus tax 12K miles   He said maybe he can offer zero money down other than first month..Appreciate any suggestions. Replies to this message: Car_man (May 31, 2006 2:13 am)
#55 of 68 LEASING A LEXUS RX330 by jba90306 May 21, 2006 (12:46 pm)
I am new to this discussion, so i apologize if you already went over this. I am shopping for a RX330 lease. I hate going to a dealer without knowing the prices. The RX 350 just came out and they only want to talk about that model. i feel the 330 is comparable and should get a good deal as they seem to be willing to negotiate.   Has any one out there recently leased the RX330? I am looking to do a sign and drive without anything down, or very little down.I can go with either a 36 or 48 mo lease.   I live on Long Island NY and have been in contact with Lexus of Massapequa. Any info (intelligence) would be appreciated as the more info i have the better term i can negotiate.
#56 of 68 Re: Lexus 330 lease [robertw477] by Car_man HOST May 31, 2006 (1:59 am)
Replying to: robertw477 (May 01, 2006 7:09 pm) Hello Robert. The last time that I checked, Lexus was not providing any sort of lease money factor support on the 2006 ES 330 or the 2007 ES 350. As a result, if you were to lease either one through Lexus Financial Services, you would have to use its standard lease program. Lexus is however providing its dealers with $1,000 dealer cash to help them unload the '06 ES 330s that they have left in inventory.   Car_man Host Smart Shopper / Prices Paid Forums
#57 of 68 Re: Lexus ES330 lease [agidol] by Car_man HOST May 31, 2006 (2:01 am)
Replying to: agidol (May 02, 2006 7:45 pm) Hi agidol. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.   As far as the specific lease that you are interested in goes, you never mentioned the selling price of the car that you are interested in. This is an important number 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 the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary 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 its selling price is.   Car_man Host Smart Shopper / Prices Paid Forums
#58 of 68 Re: Lexus ES 350 lease question [jayb82] by Car_man HOST May 31, 2006 (2:07 am)
Replying to: jayb82 (May 13, 2006 10:55 am) Welcome Jay. Since you are new to leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.   As far as the specific lease that you are interested in goes, you never mentioned the selling price of the car that you are interested in. This is an important number 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 the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary 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 its selling price is.   The dealer that you are working with does not have the authority to negotiate your vehicles' lease-end purchase price. This number is between you and the bank that you are leasing through. More often than not, consumers are not able to negotiate the end of term purchase prices of leased vehicles. The consumers who are successful in doing so place a call directly to the bank that they are leasing through a month or two before the scheduled end of their leases and to see if they can get a price break.   Car_man Host Smart Shopper / Prices Paid Forums
#59 of 68 Re: Lexus ES 350 lease question [mrod1975] by Car_man HOST May 31, 2006 (2:12 am)
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 Host Smart Shopper / Prices Paid Forums
#60 of 68 Re: Lexus ES 330 Lease-Is this a good deal? [robertw477] by Car_man HOST May 31, 2006 (2:13 am)
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 Host Smart Shopper / Prices Paid Forums
#61 of 68 Should I trade in ? by beltelmel Sep 14, 2006 (5:15 pm)
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. Replies to this message: Car_man (Sep 26, 2006 1:48 am)
#62 of 68 Re: Should I trade in ? [beltelmel] by Car_man HOST Sep 26, 2006 (1:48 am)
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 Host Prices Paid Forum
#63 of 68 Re: Lexus ES 330: Lease Questions [Car_man] by be02939 Feb 04, 2007 (9:22 am)
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 Replies to this message: Car_man (Feb 10, 2007 5:06 pm)

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