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Prices Paid: Buying & Leasing Experiences Lexus GS 350 / GS 460 Lease Questions
357 messages, Last post on Dec 07, 2009 at 2:59 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: hhpn (Mar 22, 2008 10:51 pm) 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.
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Replying to: smithsonga (Mar 23, 2008 7:14 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 |
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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
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Replying to: akhi2006 (Mar 24, 2008 9:21 am) |
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Well I negotiated for my mom's 2008 GS350 AWD with Nav & ML system. MSRP was about $53K, we got the price down to $50K. The MF 0.0015 residual 49% for 3 years at 15K / year. Monthly came out to be $780. Due at signing was 1st month, registration stuff, and some outrageous $600+ in bank fees. I couldn't argue with them to remove the bank fee, they said it's manditory. Probably BS, but we were a lil tired of dealing at that point so we just took the deal. Not sure if yours had AWD, but since we got AWD + ML system and at 15K / year, you probably have some room to negotiate. This is in the Portland Oregon dealer
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Replying to: pimanian (Mar 24, 2008 4:51 pm) even though i do not have the Sound and AWD (I do not need that here in tx) i do not wanna buy that option since i will probable turn it back in after three years, i dont want to pay for it then give it back. my deal was not that bad compared to yours. my MSRP is 49600, i got everything in the car but AWD and the sound. i knocked the price down to 42700 then they added all the taxes and fees to the bottom line of 44's. your other fees plus the first month pmt cost you 2000's i only had to give them 750. my residual is also 49% (people kept talking about this figure but there is nothing we can deal with it since it was set up by the Lexus). well, it cost me 27k to drive that car for three years, i can probably cut it down to 26500 but 500 for over three year is not a material amount, plus i think i did get the best deal we can get, what do you think?
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Replying to: hhpn (Mar 24, 2008 7:32 pm)
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Replying to: akhi2006 (Apr 11, 2008 7:35 am) Resid Rate = .38, MF = .0115 Thanks in advane for all of your thoughts and opinions. |
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Replying to: rmedine (Apr 16, 2008 7:58 pm)
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