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Lexus GS 350 / GS 460 Lease Questions
682 messages, Last post on May 12, 2013 at 3:22 PM
You are in the Prices Paid - Buying & Leasing Experiences Forum.What is this discussion about? Lexus GS 350, Lexus GS 430, Lexus GS 460, Car Buying, Car Leasing, Sedan
#673 of 682 Re: Lease info for Apr. 2013 [Car_man] by mlewis2
May 07, 2013 (7:51 am)
Replying to: Car_man (Apr 24, 2013 4:55 pm)
Car man: Need lease infor on a GS 350 AWD 10k 36 month...what is buy rate MF and residual? I am in KS/MO area. Thanks.
- Car_man (May 12, 2013 3:18 pm)
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#674 of 682 Very aggressive pricing on the GS350 this month by insidecarbuy
May 07, 2013 (3:48 pm)
Here is a recent deal I helped someone with. I don't know if I'm in love with the car but for a 24 month lease it has a lot to offer.CUSTOMER DISCLOSURE
Customer Name: Inside Car Buying, LLC WD Deal ID: 1054
Sale Vehicle: New 2013 LEXUS GS 350 9306 4dr Sdn AWD w/AC , Automatic , Odom: 0
Payment Details
Term 24
Base Payment 470.82
Total Payment 470.82
Purchase Option 38,589.63
MSRP 55,927.00
Est. Miles Per Year 12,000
Excess Mileage Charge 0.25
Amount Due at Signing
1st Month Payment 470.82
Acquisition Fee 700.00
Fees & Insurance 362.50
Upfront Taxes 1,074.88
Total Inception Fees 2,608.20
Rebate as Cap Reduction 2,500.00
Total Drive Off 5,108.20
Total Cash Required on Delivery 2,608.20
Tax Information
Customer State: New York Customer County: WESTCHESTER
Type Amount Rate Paid
Cashdown Tax 241.53 7.3750 Upfront
Upfront Tax 833.35 7.3750 Upfront
Fee Information
Description Amount Paid
Reg 265.00 Upfront
Insp 10.00 Upfront
Title 12.50 Upfront
DocFee 75.00 Upfront
- emeka57 (May 10, 2013 7:39 am)
Replies to this message:
#675 of 682 Re: Very aggressive pricing on the GS350 this month [insidecarbuy] by emeka57
May 10, 2013 (7:39 am)
Replying to: insidecarbuy (May 07, 2013 3:48 pm)
Hi - Can you tell us what the money factor is/was & residual value/percentage?
#676 of 682 GS lease by minirad
May 12, 2013 (11:01 am)
Car Man,Can you tell me the May MF, residual and incentives for the GS in South FL? 3 yr 36k and 3 yr 45k. Are they different for F-Sport? A local salesperson told me there's $2000 dealer cash through the end of May. What percentage off MSRP should I be shooting for?
Minirad
- Car_man (May 12, 2013 3:22 pm)
Replies to this message:
#677 of 682 Re: GS 350 Lease No. & Incentive, Nevada [ydol] by Car_man HOST
May 12, 2013 (3:07 pm)
Replying to: ydol (Apr 29, 2013 2:53 pm)
Hi ydol. According to the latest information that I have seen, Ford Credit's May buy rate lease money factor and residual value for a 24-month lease of a 2013 GS 350 RWD with 10,000 miles per year are .00095 and 70% for consumers who qualify for its top credit tier. The numbers for an otherwise identical 36-month lease are .00095 and 60%.
Lexus is currently providing a decent $2,500 cash incentive on leases of this car right now. Make sure to take it into account when negotiating the capitalized cost for your lease.
Car_man
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#678 of 682 Re: GS 350 F-Sport [dsmerc74] by Car_man HOST
May 12, 2013 (3:09 pm)
Replying to: dsmerc74 (Apr 29, 2013 6:27 pm)
Hi dsmerc74. According to the latest information that I have seen, Lexus Financial Services' May buy rate lease money factor and residual value for a 27-month lease of a 2013 GS 350 F-Sport with 12,000 miles per year are .00095 and 66% for consumers who qualify for its top credit tier. When negotiating your deal, make sure to take advantage of the $2,500 cash incentive that is currently available on leases of this car.
Car_man
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#679 of 682 Re: GS 350 F-Sport Residual and MF rate [orion7701] by Car_man HOST
May 12, 2013 (3:12 pm)
Replying to: orion7701 (May 04, 2013 9:31 am)
Hi orion7701. Lexus Financial Services' May buy rate lease money factor and residual value for a 24-month lease of a 2013 GS350 F-Sport with 15,000 miles per year are .00095 and 67% for consumers who qualify for its top credit tier. The money factor for an otherwise identical 27-month lease would be the same, but I believe the residual value would be 3% or so lower.
If you were to lease with only 12,000 miles per year, this car's residual values would be 2% higher.
There is indeed a $2,500 cash incentive on leases of this car right now.
Car_man
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#680 of 682 Re: GS350 AWD [mlewis2] by Car_man HOST
May 12, 2013 (3:16 pm)
Replying to: mlewis2 (May 06, 2013 9:00 am)
Hi mlewis2. I haven't seen the specific lease program for your area this month, but I can tell you that if your credit is in good shape the money factor that you were quoted is definitely too high. At worst, the money factor for this car is probably around .00095 in your region right now...if not better. Make sure to try to get the dealer to lower the money factor on your deal. I don't personally know exactly how much dealers in your area are willing to discount the GS right now, but I can tell you that Lexus is currently providing a $2,500 cash incentive on leases of this car. If I was in the market for one, I personally would shoot for a selling price of around $500 to $1,000 over the dealer invoice price that is listed here at Edmunds.com minus the cash incentive. Here's a link to the pricing section of this site for your convenience: New Vehicle Pricing.
Car_man
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#681 of 682 Re: Lease info for Apr. 2013 [mlewis2] by Car_man HOST
May 12, 2013 (3:18 pm)
Replying to: mlewis2 (May 07, 2013 7:51 am)
Hey mlewis2. LFS' May buy rate lease money factor and residual value for a 36-month, 10k lease of this car should be at worst .00095 and 60% for top tier customers. There may even be a money factor enhancement in your area that makes it better than that. Car_man
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#682 of 682 Re: GS lease [minirad] by Car_man HOST
May 12, 2013 (3:22 pm)
Replying to: minirad (May 12, 2013 11:01 am)
Hi Minirad. Let me preface this response with the statement that I have not seen the Lexus lease program for your specific area yet this month. Having said that, Lexus Financial Services' May buy rate lease money factor and residual value for a 36-month lease of a 2013 GS350 with 15,000 miles per year are .00095 and 57% for consumers who qualify for its top credit tier.
The residual value for a lease with 12,000 miles per year would be 2% higher.
Lexus is providing a $2,500 cash incentive on leases of this car this month.
As I said though, Toyota's distribution agreement in the Southeastern U.S. makes its programs a little different there.
Car_man
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