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Lexus GS 350 / GS 460 Lease Questions

354 messages,  Last post on Nov 23, 2009 at 2:08 PM

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

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#271 of 354 Re: Need help with 08' GS 350 deal.... [litman13] by adpcs Jun 02, 2008 (7:27 pm)
Replying to: litman13 (Jun 02, 2008 7:02 pm) I don't think I can put that info on the forum board. Can you send me a message with your email address, and I will be happy to give you more details. I have a feeling I know where you are getting your "deal" from... Replies to this message: litman13 (Jun 02, 2008 8:03 pm)
#272 of 354 Re: Need help with 08' GS 350 deal.... [adpcs] by litman13 Jun 02, 2008 (8:03 pm)
Replying to: adpcs (Jun 02, 2008 7:27 pm) litman13yahoo
#273 of 354 Re: Need help with 08' GS 350 deal.... [litman13] by tom17 Jun 03, 2008 (3:50 am)
Replying to: litman13 (Jun 01, 2008 10:18 am) FYI - There is about another $1600 that the dealer should come down if you work hard. The dealer in Orlando quoted me a price over $1600 less than what you mentioned on the same MSRP car. I got my local dealer to match it (FL). Not sure about leasing numbers since I paid cash.
#274 of 354 Re: GS350 Lease Factors for May [colslick] by Car_man HOST Jun 10, 2008 (2:28 am)
Replying to: colslick (May 23, 2008 11:54 am) Hi colslick. According to the latest information that I have seen, Lexus Financial Services' buy rate lease money factor and residual value for a 24 month lease of a 2008 Lexus GS 350 2WD with 15,000 miles per year are .00115 and 52%, respectively. The numbers for an otherwise identical 36 month lease are .00115 and 46%.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#275 of 354 GS 350 Purchase by atlkevin Jun 14, 2008 (3:49 pm)
Hi,   This board is very helpful, but I can't find a lot of info on the right purchase price the GS 350. I'm considering the '08 GS 350 RWD with navi as the only addition. Cars Direct shows the invoice as ~$42k, but I didn't know how much (if any) these cars were going for over invoice. I can't find a board dedicated to "Prices Paid and Buying Experience" for this car, but I'm hoping some people on the board can chime in. I'm in Atlanta, if it makes a difference.   Many thanks! Replies to this message: tom17 (Jun 15, 2008 4:20 am)
#276 of 354 36 month lease by mfrf Jun 14, 2008 (8:29 pm)
Just was offered the following deal on a GS350 with nav. $686 per month 36 months 10k per year includes nyc salestax . no money down except for bank fee and license. Is this a good deal? Replies to this message: shtirlets (Jun 18, 2008 7:57 am)
#277 of 354 Re: GS 350 Purchase [atlkevin] by tom17 Jun 15, 2008 (4:20 am)
Replying to: atlkevin (Jun 14, 2008 3:49 pm) I bought a fully loaded ($52K sticker) GS350 2 weeks ago for about $1000 under invoice ($7K discount off MSRP). The dealer showed me the invoice & holdback. My price was below invoice and holdback. They had a $699 dealer fee, so that was their profit. I used the internet price from Lexus of Orlando and the local dealer matched it.
#278 of 354 Re: 36 month lease [mfrf] by shtirlets Jun 18, 2008 (7:57 am)
Replying to: mfrf (Jun 14, 2008 8:29 pm) mfrf, is your GS AWD or the base model? also, where did you get this deal from? Thanks.
#279 of 354 leasing a GS is terrible, buying may be worse financially by ghstudio Jun 21, 2008 (6:34 am)
The problem with leasing the GS350 is the terrible residual. Apparently Lexus doesn't think much of the value of their used cars. 52% residual on a 24 mo lease is almost unheard of....infiniti M35 is 62% which is typical. That's why the GS350's just shouldn't be leased...and if they are right, it's a terrible purchase as well.   And it doesn't get much better if you go out 36 months. Replies to this message: class77 (Jun 25, 2008 2:54 am) Car_man (Jul 09, 2008 1:40 am)
#280 of 354 Re: leasing a GS is terrible, buying may be worse financially [ghstudio] by class77 Jun 25, 2008 (2:54 am)
Replying to: ghstudio (Jun 21, 2008 6:34 am) Why in the world is the residual so low? The residual for a 2 yr/15,000 mile BMW 535 lease is 66%. For 3 years, it's 55%.   In the real world, are people that sell their Lexus' after 2 years getting that poor a price? Replies to this message: Car_man (Jul 09, 2008 1:40 am)

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