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Lexus GS 350 / GS 460 Lease Questions

356 messages,  Last post on Dec 07, 2009 at 1:24 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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#29 of 356 GS430 by random987 Feb 02, 2006 (10:08 pm)
Thanks Car_Man,   The money factors are pretty decent, but the residuals on the GS models are not very competitive with the 5-series or the M45. Why is that?   Let's assume that I can get the purchase price for a GS430 for 53,000, 12,000 miles, 3 years. What kind of lease can I expect? Replies to this message: Car_man (Feb 17, 2006 2:55 am)
#30 of 356 Bump by random987 Feb 05, 2006 (11:18 am)
Bump.   Also, do you have Feb's numbers for the GS430 and 300?   THanks Replies to this message: Car_man (Feb 17, 2006 2:58 am)
#31 of 356 GS300 More Leasing Info by rockclimberla Feb 10, 2006 (2:38 pm)
Hi Car_man,   I've read all of your posts regarding the GS300/430 and you are very knowledgeable and helpful. I have created an Excel worksheet to calculate my possible lease payments and just needed some accurate information to plug in. I was wondering if you had the updated money factor and residual values for the 2006 GS300 in February.   Currently, I am using the January numbers that you posted: .00178 money factor and 52% residual value.   Your help is appreciated.   Daniel Replies to this message: Car_man (Feb 17, 2006 3:05 am) rockclimberla (Feb 19, 2006 1:50 pm) Car_man (Mar 15, 2006 4:00 am)
#32 of 356 Re: 06 GS300 Lease Info? [Car_man] by sherry8 Feb 15, 2006 (1:16 pm)
Replying to: Car_man (Jan 31, 2006 3:00 am) I am new at this. What is money factor and residual value? Can you advise me on whether it is more economical to leasea a new 2006 GS 300 for 36 months, 15k miles a year or purchase a pre-owned 2006 GS 300? Or perhaps it would be best to lease a pre-owned 2006 GS 300? I appreciate any help on this matter. Replies to this message: rockclimberla (Feb 16, 2006 9:23 pm) Car_man (Feb 17, 2006 3:16 am)
#33 of 356 Re: 06 GS300 Lease Info? [sherry8] by rockclimberla Feb 16, 2006 (9:23 pm)
Replying to: sherry8 (Feb 15, 2006 1:16 pm) Hi,   You have a lot of reading to do. http://www.edmunds.com/advice/leasing/articles/index.html
#34 of 356 Re: GS430 [random987] by Car_man HOST Feb 17, 2006 (2:55 am)
Replying to: random987 (Feb 02, 2006 10:08 pm) Hi random987. It is difficult to say why the residual values for the GS are not as attractive as the residuals for the BMW 5-Series or Infiniti M45. Perhaps Lexus is being more realistic about the future value of this vehicle than those other automakers are. I know for a fact that BMW artificially inflates BMW Financial Services' residual values on a number of vehicles to make their lease payments more attractive than they would normally be. It essentially is a way for it to hide lease support.   I'd be happy to estimate what this car's lease payment should be like for you. However, in order for me to do so I also need you to provide me with the MSRP of the model that you want.   Car_man Host Smart Shopper / Prices Paid Forums
#35 of 356 Re: Bump [random987] by Car_man HOST Feb 17, 2006 (2:58 am)
Replying to: random987 (Feb 05, 2006 11:18 am) Hey random987. Lexus' January lease program is scheduled to run through March 31st. So the money factors and residuals for the cars that you are interested in should be the same this month as they were last month.   Car_man Host Smart Shopper / Prices Paid Forums
#36 of 356 Re: GS300 More Leasing Info [rockclimberla] by Car_man HOST Feb 17, 2006 (3:05 am)
Replying to: rockclimberla (Feb 10, 2006 2:38 pm) Thank you Daniel. This car's February numbers should be exactly the same as its January numbers. Let me know if you need them again or if you want them for a different term or mileage allowance.   Car_man Host Smart Shopper / Prices Paid Forums Replies to this message: rockclimberla (Feb 19, 2006 1:50 pm) Car_man (Mar 15, 2006 4:00 am)
#37 of 356 Re: 06 GS300 Lease Info? [sherry8] by Car_man HOST Feb 17, 2006 (3:16 am)
Replying to: sherry8 (Feb 15, 2006 1:16 pm) Greetings sherry8. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment. Once you have read them, stop back and I would be able to answer any specific questions that you have about leasing a Lexus GS, or about leasing in general.   Car_man Host Smart Shopper / Prices Paid Forums
#38 of 356 Re: GS300 More Leasing Info [Car_man] by rockclimberla Feb 19, 2006 (1:50 pm)
Replying to: Car_man (Feb 17, 2006 3:05 am) Car_man,   Thanks for the response. I am getting a quote on the GS300 of MSRP 50704, Invoice 45704. I am looking at 3 year lease, 10k per year. Can you confirm what the buy rate MF and residual value will be for this vehicle with these terms?   The numbers I am using are .00178 and 54% (which is the residual value for 12k a year) which give me $639.09 a month (not including taxes). Also, for some reason the dealer MSRP is slightly higher than the MSRP listed on Edmunds.com--is there a reason why there would be a $394 price difference?   Thanks. Replies to this message: Car_man (Mar 15, 2006 4:00 am)

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