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Lexus GS 350 / GS 460 Lease Questions

354 messages,  Last post on Nov 23, 2009 at 2:08 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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#284 of 354
GS350 Lease by pawatson5
Jul 20, 2008 (9:57 am)
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Gikcar,
 
You've been offered a great deal! I have been shopping for a lease in Dallas and have gotten much worse. Where are you located. I have been quoted a 48 month lease 820 down 711 per month, or 699 per month 1420 down, this inlcudes TTL. I want to get a 36 month lease so if you can share where you are located and the dealer I can try and get the same deal. I can travel to pick a car up.
 
Thanks!
#285 of 354
Re: GS350 Lease [pawatson5] by qikcar
Jul 24, 2008 (9:13 pm)
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Replying to: pawatson5 (Jul 20, 2008 9:57 am)

Pawatson5
 
For a 48 month lease, with 2000 drive off costs, i got 655 a month with tax included, for the fully loaded lexus gs 350. Maybe to far for you, but check out Longo lexus in el monte, ca and also glendale, ca lexus.
#286 of 354
Is this a good deal? by motoevolution
Jul 25, 2008 (10:05 am)
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2008 GS350 RWD ML + Nav
MSRP $51590
Selling price $45100
36 month lease 15k miles per year with just first payment out of pocket.
$709 + tax
Residual 42% MF .0003
Do the numbers look right? The residual seems horrible compared to other brands.
#288 of 354
Re: Is this a good deal? [motoevolution] by Car_man HOST
Aug 04, 2008 (2:13 am)
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Replying to: motoevolution (Jul 25, 2008 10:05 am)

Hi motoevolution. The lease program that you were quoted is right in line with Lexus Financial Services' current program for this car. You're right, the GS' residual values are pretty bad, but unfortunately I suspect that we will being to see a lot of terrible residual values out there over the next several months. Banks, even manufacturers' captive finance companies, are starting to become much more conservative in estimating vehicles' residual values because a number of manufacturers have been forced to take huge charges to their earnings for overestimating residuals in the past lately.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#289 of 354
Drive off cost by xiajiagg
Aug 28, 2008 (7:17 pm)
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Hi, Car_man.
 
Do you know what is the other charges for the current GS lease program, such as acquisition fee, security depost, disposal fee, etc. anything other than the Ist month payment of actual car and tax? TIA.
#290 of 354
Recent GS350 lease prices by cardent
Aug 28, 2008 (7:19 pm)
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Has any one leased or purchased gs350 in last few days, if so what price? its my first time buying/leasing
#291 of 354
Re: Drive off cost [xiajiagg] by Car_man HOST
Sep 10, 2008 (1:53 am)
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Replying to: xiajiagg (Aug 28, 2008 7:17 pm)

Hi xiajiagg. Lexus Financial Services charges a $600 acquisition fee on every vehicle that it leases. It will waive its security deposit requirement for free for consumers who qualify for its top credit tier. I am not aware of any sort of disposition fee, but that does not necessarily mean that it doesn't charge one.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#293 of 354
Re: Recent GS350 lease prices [cardent] by usp357
Oct 09, 2008 (8:36 am)
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Replying to: cardent (Aug 28, 2008 7:19 pm)

Just did a lease on a '08 GS350 AWD with Nav. I only put fees down (regis, destination), which came to about $1,600. Lease is for 48 months and 12K miles/year. Monthly is $588. MSRP was about $50,100. Lease rate based on sale price of $45,200. This replaced my 530xi. There are pros/cons for the GS but so far, the GS seems to be doing fine. The first shock will be when I bring the GS in for servicing and have to open my wallet. BMW covers all service (even brakes!); Lexus does not.

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