- #285 of 354
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Re: GS350 Lease [pawatson5]
by qikcar
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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.
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- #286 of 354
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Is this a good deal?
by motoevolution
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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.
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- #288 of 354
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Re: Is this a good deal? [motoevolution]
by Car_man HOST
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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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- #289 of 354
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Drive off cost
by xiajiagg
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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.
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- #290 of 354
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Recent GS350 lease prices
by cardent
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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
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- #291 of 354
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Re: Drive off cost [xiajiagg]
by Car_man HOST
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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
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- #293 of 354
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Re: Recent GS350 lease prices [cardent]
by usp357
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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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- #294 of 354
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Re: Recent GS350 lease prices [usp357]
by myerslaw
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Oct 09, 2008 (12:29 pm)
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Replying to: usp357 (Oct 09, 2008 8:36 am)
This is the first time I've seen an affordable/reasonable lease on the GS!!!! Good job. Pay very close attention now to your ride comfort/handling situation. Finally tired of being banged around by the 245-40-18 Yokohama summer tires, I just switched to Bridgestone Turanza touring tires in 245-45-18. The ride is quite different, much more comfortable, but the handling becomes slightly "floaty" over 100mph. Wife is ecstatic -- long drives are far, far more tolerable. Had the vehicle been new (mine is an 07) my dealer would have changed tires for me at 1000 or 5000 miles -- so see how you like them.
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