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Lexus GS 350 / GS 460 Lease Questions

355 messages,  Last post on Nov 30, 2009 at 7:36 PM

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

What is this discussion about? Lexus GS 350, Lexus GS 430, Lexus GS 460, Car Buying, Car Leasing, Sedan


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#233 of 355
followup/clarify my post by asteinberg
Mar 14, 2008 (9:27 pm)
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I'm in So California and prefer to deal with local dealership unless they are not competitive.
I'm leaning toward Lexus GS350 over Infiniti G35, but higher price is a factor.
G35 seems to be available a bit above, or at, or below invoice.
Is GS350 available at or near invoice (which I assume includes "ad allowance.)"
From standpoint of what Lexus offers, is it best for me then to buy or lease?
What is finance rate for buying? What is MF for leasing for 12,000, 15000 miles?
What should be cost for acquisition fee? For document prep fee?
Does Lexus provide lower lease payments in return for multiple security deposits.
(Through CarMan's advice 2 yrs ago, I secured 2006 BMW530i MSRP $56,765 for 2 yr lease, 12000 miles annually; capitalized at 53,700; acquisition fee of 625, doc prep of 45; I gave 5200 of multiple security deposits to reduce montly to 574.34+47.38 sales tax. It seems like Lexus costs less, but might cost more to lease due to higher MF or lower residual.)
#234 of 355
further info for my choice. Thanks. by asteinberg
Mar 21, 2008 (6:21 am)
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Still must decide between three DIFFERENT 2008 cars -- all that I like Lexus GS350, Cadillac CTS (with blue tooth added, giving me separate screen), or Infiniti G35. Then, must decide whether to buy or lease. Incidentally, Lexus has best mileage, but Cadillac uses regular gas. I currently have BMW 530i expiring lease which, with Edmunds help, I had leased for net MF, and much less, with multiple security deposits.
Anyway, for GS350, G35, and CTS, could you please provide:
(1) Target deal relative to invoice+destination (and any rebate)
(2) If buy, available finance rates
(3) If lease, money factor or interest for 24mo, 36 mo for 12K, 15K annually
Any better MF or interest rate for multiple security deposits?
Thank you for this information. I'll also put on other forums, in case you guys see that first, to try to get info.
Thank you!
#235 of 355
GS350 LEASE by hhpn
Mar 22, 2008 (10:43 pm)
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I just got a deal this afternoon in houston tx 3/22/08.
 
gs 350 RWD, msrp $49,630. (Navigation w/o the sound)
 
term: 36 months, 750 monthly payment
 
that was it, i just had to pay for the first month payment of 750.
 
is this a good deal anyone?
#236 of 355
Re: Is this a good deal? [jyurko] by hhpn
Mar 22, 2008 (10:46 pm)
Reply

Replying to: jyurko (Oct 20, 2005 8:43 am)

I just got a deal this afternoon in houston tx 3/22/08.
  
gs 350 RWD, msrp $49,630. (Navigation w/o the sound)
  
term: 36 months, 750 monthly payment
  
that was it, i just had to pay for the first month payment of 750.
  
is this a good deal anyone?
#237 of 355
Re: GS350 LEASE [hhpn] by hhpn
Mar 22, 2008 (10:51 pm)
Reply

Replying to: hhpn (Mar 22, 2008 10:43 pm)

I just got a deal this afternoon in houston tx 3/22/08.
  
gs 350 RWD, msrp $49,630. (Navigation w/o the sound)
  
term: 36 months, 750 monthly payment, 12 k miles/year
  
that was it, i just had to pay for the first month payment of 750.
  
is this a good deal anyone?
#238 of 355
Re: GS350 LEASE [hhpn] by smithsonga
Mar 23, 2008 (7:14 am)
Reply

Replying to: hhpn (Mar 22, 2008 10:51 pm)

750 for 36 month lease?
 
Depends how much you like that car vs. other options. You can get a E-series or 5-series for much less $ at that MSRP.
#239 of 355
Re: GS350 LEASE [smithsonga] by billyperks2
Mar 23, 2008 (2:03 pm)
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Replying to: smithsonga (Mar 23, 2008 7:14 am)

a strip 5 or e series for that msrp.
#240 of 355
08 lexus gs 350 leasing by hhpn
Mar 24, 2008 (9:06 am)
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hi everyone:
 
i just got a deal and about to sign paper work with them so i need your help (this is the very first time i do a lease contract)
 
2008 GS 350, MSRP $49,630 (Navigation w/o ML Sound)
lease term: 36 month, 12,000 miles/year, $750 monthly payment, pay out option at the end of three years is $24300
i do not have to pay anything now, just $750 first month pmt.
 
is this deal acceptable to you guys? please i really need some info from you guys.
 
thank you so much
#241 of 355
GS350 Lease by akhi2006
Mar 24, 2008 (9:21 am)
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Can you provide more details like what is the selling price, residual, and Money factor so that I can let you know if it is a good deal or not
#242 of 355
Re: GS350 Lease [akhi2006] by hhpn
Mar 24, 2008 (10:59 am)
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Replying to: akhi2006 (Mar 24, 2008 9:21 am)

thanks Akhi, i forgot my lease contract at the dealership so i do not have that kind of info, but i remember money factor was 15, i will have to come back up to resign because they put a wrong vin number on the contract. the first dealer i delt with, give me same deal $790 month, i contact this second dealer, and they gave me the best they can of 750. the first dealer is calling me, it looks like to me that they are willing to go lower, but ten or 15 dollar off that 750. i am very tired, i dont want to go back and forth just for several hundred over three years term.

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