Last post on Dec 06, 2013 at 11:17 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Lexus GS 350, Lexus GS 430, Lexus GS 460, Car Buying, Car Leasing, Sedan
#399 of 952 Re: June lease rates for a 2010 GS350 RWD [Bushwack]
Jun 10, 2010 (2:22 am)
No problem, Bushwack. Here's the latest. Lexus Financial Services' June buy rate lease money factor and residual value for a 36 month lease of a 2010 GS 350 RWD with 12,000 miles per year are .00165 and 54%, respectively.
The residual value for a lease with only 10,000 miles per year would be 1% higher.
Lexus was running a special financing program on this car a couple of months ago, but unfortunately it is not offering one today.
Prices Paid: Buying & Leasing Experiences Forum
#400 of 952 Re: GS350 AWD NJ Lease Quote [mohan12]
Jun 10, 2010 (10:07 am)
Hey Mohan12, Did you do this deal? I would like to. I live in NJ and all of the numbers look good to me. Can you tell me where the quote came from?
if you would like to call me directly, 856-334-2124
#401 of 952 Re: June lease rates for a 2010 GS350 RWD [Car_man]
Jun 18, 2010 (5:37 pm)
Thank you for the lease/residual numbers.
Would you (or can you direct me where) know when the 2011 model is coming?
#402 of 952 Re: GS350 AWD NJ Lease Quote [kmont]
Jun 21, 2010 (12:29 pm)
The deal that I was able to negotiate is $50,555 MSRP (NJ) $685 x 36 mos, 15,000 mpy, $1,250 down, incl first mo. Most dealers told me that they were losing money to do that deal.
Jun 21, 2010 (11:16 pm)
I'm kinda torn between the ES and the GS. However I am leaning more towards the GS because I have owed 2 ESes and just would like something different. I was quoted a GS350 price of $46,500 with a 4yr/15K lease $4699 dwn, $699/mth and to purchase same price with a note of $697.30 for 72mths. The MSRP on the car was $49,500. I don't know if this is a good deal or not...but looking at the above post it doesn't seem like it. I live in Louisiana, but I am willing to purchase a car from another state if the deal is better.
#404 of 952 Re: Deal or No Deal [fromthaboot]
Jun 22, 2010 (4:01 am)
You should be able to do much better than that. Contact Sewell Lexus in Dallas. They will even deliver the car to you...
#405 of 952 Re: Deal or No Deal [adpcs]
Jun 22, 2010 (9:17 am)
Thanks, I have been dealing this morning and so far I have gotten them down to 45,500. I really appreciate your quick response.
#406 of 952 Re: June lease rates for a 2010 GS350 RWD [Car_man]
Jun 24, 2010 (12:10 pm)
Carman, do you know what Lexus charges when you go over on miles? If it matters, I am considering leasing a GS350 for 36 mos. I am being quoted .25 per mile, seems high
#407 of 952 to kmont - overmileage
Jun 24, 2010 (3:27 pm)
The cost per mile over the limit is, indeed, pretty steep. I still think it works out a bit better to try to stay with a lower range than a higher yearly limit - and go in early if it seems that you're getting close. While the mileage charge was a bit high, I was elated with a drop of about $6500 from the MSRP and a money factor of .001+ on an RX350 I just leased for my wife. The 60% residual is what truly made the deal wonderful. (Liked the Audi Q5 a lot -- but 43% residual???). 3 yrs, 12K/year. Lexus of Westminster, CA.
#408 of 952 Re: June lease rates for a 2010 GS350 RWD [kmont]
Jun 24, 2010 (7:08 pm)
As I am deciding between leasing and purchasing a 2010 GS350 RWD, here are some helpful numbers for you. These are June numbers for Southern California:
2 yr/10K miles per year: 62% Residual, Money factor (MF) .00065
2 yr/12K miles per year: 61% Residual, MF the same (.00065)
3 yr/10K miles per year: 55% Residual, MF of .0012 (have also been quoted .0014)
3 yr/12K miles per year: 54% Residual, MF of .0012 (have also been quoted .0014)
The quote per mile is accurate at .25 cents (at least here in SoCal)
FWIW, the new GS model is coming out late February (confirmed at three separate dealerships). Most likely announced in early November. No pictures have been released.