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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

Messages Page 14 of 69

#130 of 682 Re: GS430 Details [berisky] by Car_man HOST

Jan 17, 2007 (4:18 am)

Replying to: berisky (Dec 28, 2006 1:14 am)
Hi berisky. This car's lease program varies depending upon the term and mileage allowance that you choose. For now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 GS 430 with 15,000 miles per year are .00194 and 49%, respectively for consumers who qualify for its top credit tier. This program may vary slightly by region.
 
Car_man
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Prices Paid Forum

#131 of 682 Re: GS 450h [lexusmonkey] by Car_man HOST

Jan 17, 2007 (4:20 am)

Replying to: lexusmonkey (Dec 28, 2006 4:49 pm)
Hi lexusmonkey. Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 Lexus GS 450h with 15,000 miles per year are .00245 and 51%, respectively for consumers who qualify for its top credit tier. This program may vary slightly by region.
 
Car_man
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Prices Paid Forum

#132 of 682 Re: GS 350 AWD Lease Deal [dras] by Car_man HOST

Jan 17, 2007 (4:22 am)

Replying to: dras (Jan 08, 2007 5:01 pm)
Hi dras. 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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Prices Paid Forum

#133 of 682 Re: GS 350 AWD Lease Deal [dras] by Car_man HOST

Jan 17, 2007 (4:24 am)

Replying to: dras (Jan 08, 2007 5:01 pm)
Oh by the way, dras. I just noticed that you are considering making a $3,500 capitalized cost reduction on this car. I personally don't think that this is a good idea. I always advise consumers not to make large down payments on leased vehicles because if their vehicle is totaled in an accident or stolen and never recovered, their down payment will disappear. Consumers can and should lease any vehicle that they are interested in without making any cap cost reduction.
 
Car_man
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Prices Paid Forum

#134 of 682 Re: GS 350 AWD Lease Deal [dras] by Car_man HOST

Jan 17, 2007 (4:29 am)

Replying to: dras (Jan 11, 2007 5:41 am)
Hey dras. Lexus Financial Services charges a $600 acquisition fee on every vehicle that it leases. Individual dealers do not have the authority to waive this charge. I'm not sure what the "processing fee" that you mentioned is, but it looks like another name for want is commonly called a doc fee. Doc fees really aren't anything more for dealers to pad their profits on deals.
 
A base 2007 Lexus GS 350 AWD has a whopping spread of more than $5,500 between its full MSRP and dealer invoice price. A $2,000 discount still leaves a lot of room to play with. I am not personally all that familiar with what the market is like for this model in your area right now, so it is difficult for me to say if you can do better than this but you may be able to get an idea if you can by visiting the following discussion: "Lexus GS: Prices Paid & Buying Experiences".
 
Car_man
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Prices Paid Forum

#135 of 682 Re: GS 350 AWD Lease Deal [Car_man] by dras

Jan 17, 2007 (6:41 am)

Replying to: Car_man (Jan 17, 2007 4:22 am)
Car_man, thanks for the feedback. The MSRP for the car, as quoted by the deal is $52,067.00, which matches up with the MSRP on the Lexus Website for the same options. I believe they are waiving the destination charge as part of the deal.

#136 of 682 Re: GS 350 AWD Lease Deal [Car_man] by dras

Jan 17, 2007 (6:43 am)

Replying to: Car_man (Jan 17, 2007 4:29 am)
Car_man, the market in the DC area seems pretty tight, I've talked to three dealerships, only one had a car in stock with what I wanted, and the other two were waiting for more to come in. Seems like they're not easy to come by. Lindsay Lexus in Alexandria, VA just got the exact car I'm looking for in today, I'm going to look at it tonight and will let people know the deal I finally work out with these guys.

#137 of 682 GS350 by berisky

Jan 31, 2007 (11:04 pm)

Anyone recently leased a GS350 in CA? or a GS430?
 
I want to know the best deal for SoCal.
 
Thanks.

#138 of 682 2007 GS350 by berisky

Feb 05, 2007 (10:48 am)

Carman:
 
Money factor & Residual on 36 month / 36k miles?
 
Thanks.

#139 of 682 Re: GS 350 AWD Lease Deal [dras] by Car_man HOST

Feb 10, 2007 (8:04 pm)

Replying to: dras (Jan 17, 2007 6:41 am)
You're welcome, dras. OK, so this car's MSRP is $52,067. What is its selling price? Is the "waiver" of this car's $715 destination charge the only discount that you are receiving? You should be able to negotiate a larger discount than that.
 
Car_man
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Messages Page 14 of 69

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