Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Lexus GS 350 / GS 460 Lease Questions
350 messages, Last post on Oct 26, 2009 at 2:49 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
|
|---|---|
|
Hi all. given what I have read here, this offer on a 2009 GS 350 ML loaded looks like it is pretty high. MSRP Price: $52,076 Sale price: $46,250. $300 over Invoice Residual: 42% / Buy Out price: $21,871 MF: .00065 Term: 12k miles, 36 months Acq Fee: 700; etag fees 40 govt fees: 467 no security (assm good credit) dealer fee 699 tag transfer 100 Mpnthly Payment: $699 plus tax Sales manager says "$699 + tax is my best deal I can do with $3500 down. Lexus just does not have any incentives cash to give us to go further down. I'm at Invoice now" This guy pulling my leg here? Think he has some room? Thanks. |
|
|
|
| Not much activity here. If anyone has any thoughts on the offer I received in post 305 above would be appreciated. Thanks!! | |
|
Replying to: gator5000e (Nov 22, 2008 6:51 pm) I think you can do better. Try calling all the dealers around your area. I have never heard of the etag fee or a dealer fee...those are called profit. I also assume the govt fee are you dmv fees? I tried to create your lease payment. The only way I could get it to come to that number is that you also will be paying the 3500 down, the 2006 in fees plus the 699 first payment...then it works out to 699 plus tax. ...I have bought two lexus's 350 for my wife and my mother in law during the last year. In both cases I had to wait until the end of the month to get the deal I wanted....Dont go back to the dealer....do all the rest of your negotiation from home. I purchased those cars at about $1300 below dealers invoice... Good luck and let us know how you did...I am helping my Dad get a car and he is considering this and the BMW.... The GS is a nice car but the residual value at 42% makes this an expensive car to lease. Compare this to the BMW 328i which has a 58% residual after 3 years...
|
|
|
|
|
Replying to: cpa3 (Nov 23, 2008 9:56 pm) If anyone has leased a GS 350 recently, any specifics on MF, prices paid, etc. to assist in my negotiation would be appreciated. And thanks,again, cpa3.
|
|
|
Replying to: gator5000e (Nov 22, 2008 6:51 pm) |
|
|
Replying to: gator5000e (Nov 24, 2008 6:57 am) Assuming your .00065 is correct that equates to a 1.56% interest rate, which is an excellent rate....To arrive at this you take the lease rate and multiply by 2400...Maybe now that they have started their December to Remember event you can do better...The GS 350 is a great car...Just too bad the residual is so poor... |
|
|
|
Thanks, myerslaw and cpa3. Does any one know what the December To Remember promotion is exactly? All the lexus.com site says is contact your local dealer. Not much information, really.
|
|
|
Replying to: redbull (Nov 20, 2008 8:59 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
|
Replying to: gator5000e (Nov 25, 2008 10:29 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
|
|
|
Thanks, Car_Man. Is the Residual still around 42%? Thank you for your assistance.
|
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Lexus GS 350 / GS 460 Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Lexus GS 350
2007 Lexus GS 430
2011 Lexus GS 460
Browse by Board
Browse by Topic
Today's Chats
