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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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#248 of 355
Re: GS350 Lease Offer...Need opinions [billyperks2] by rmedine
Apr 17, 2008 (7:59 am)
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Replying to: billyperks2 (Apr 17, 2008 7:38 am)

I'm sorry, I meant that the MF is .00115...I missed a zero. What sort of residual value should I expect for a GS for a 4 year lease? Seems that all of the dealers that I have called give me the same resid rate of .38 for four years.
 
Thanks for your opinions!
#249 of 355
Re: GS350 Lease Offer...Need opinions [rmedine] by billyperks2
Apr 17, 2008 (12:41 pm)
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Replying to: rmedine (Apr 17, 2008 7:59 am)

These dealers are so slimy- if they dont cheat you one way they try to do it another.The money factor I got was .0015 but my residual was 41% and this was everthing included but the ML.He was selling me capitalizing the car for $500 over invoice which I thought was not a bad deal.My monthly including tax works out to be$ 655. I am either going to purcahse or lease from this dealer, I actaully like dealing with my sales person-he has been more than patient with me for the past 6 to 8 months.
Is your car AWD or RWD?
#250 of 355
lease on lexus rx350...2009 by vanb29
Apr 18, 2008 (12:18 am)
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have a quote of $617 on 48 m....1367 down.............sarasota,fl
no nav system..........15k per year
any comments would appreciate.....thanks bob
#252 of 355
intimidated but ready to lease/buy by readytoride
Apr 18, 2008 (9:07 pm)
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been emailing back and forth with northside lexus in houston, texas. quoted 45370 for non nav and 47270 for nav. this includes 'internet discount' i am not sure what to expect from leasing from lexus. ideally i'd like to just sign and drive with no out of pocket money. i want my payments max at 750. is this possible? what should i look for when negotiating my deal? plan to go to the dealership tomorrow.
#253 of 355
Re: intimidated but ready to lease/buy [readytoride] by billyperks2
Apr 20, 2008 (8:48 am)
Reply

Replying to: readytoride (Apr 18, 2008 9:07 pm)

Depends on the lease terms and mileage,for a 48 month lease for the navi car look to pay about $655 monthly and approx.$1800 out of pocket.
#254 of 355
Re: intimidated but ready to lease/buy [billyperks2] by readytoride
Apr 20, 2008 (1:13 pm)
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Replying to: billyperks2 (Apr 20, 2008 8:48 am)

Ok..why am i getting these outrageous quotes on a 36 or 48 month lease on the GS350? I was told yesterday that a 48 mo lease with 15K miles would be $955...
#255 of 355
Re: intimidated but ready to lease/buy [readytoride] by billyperks2
Apr 20, 2008 (5:29 pm)
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Replying to: readytoride (Apr 20, 2008 1:13 pm)

That souds like a LS payment, even a fully loaded GS 350 with zero out of pocket would not come close to that payment.That dealer is taking you to the bank, you can do the math yourself,providing you have the varibles involved,Edmunds have the formulas here for the lease calculation.
#256 of 355
Re: GS350 Lease Offer...Need opinions [rmedine] by Car_man HOST
Apr 22, 2008 (2:27 am)
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Replying to: rmedine (Apr 17, 2008 7:59 am)

Hey rmedine. The .00115 lease money factor that you were quoted is right in line with Lexus Financial Services' buy rate for the 2008 GS 350. The 38% residual value that you were quoted is correct as well.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#257 of 355
what do you think of this lease term? by mi7
Apr 26, 2008 (2:40 pm)
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2008 GS 350 with everything except for ML, Park Assist, and collision avoidance system.
MSRP around $49k and some change.
 
$635/month with $3,500 down
36 months lease and 12k miles/year
 
I forgot the money factor but it was for tier 1 financing...please tell me if this is a good deal! the dealer said they're giving me the car $800 below invoice ($44k and some change)....
 
oh yeah i also wanted them to deliver the car to my door (a $200 charge) and they said they'll do it for free....

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