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Lexus GS 350 / GS 460 Lease Questions

350 messages,  Last post on Oct 26, 2009 at 2:49 AM

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What is this discussion about? Lexus GS 350, Lexus GS 430, Lexus GS 460, Car Buying, Car Leasing, Sedan

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#49 of 350 Re: Is this a good lease? [bartalk3] by acespade Apr 18, 2006 (11:38 am)
Replying to: bartalk3 (Apr 12, 2006 9:37 pm) Magnussen Lexus Fremont.   Are you buying a GS? Replies to this message: bartalk3 (Apr 18, 2006 12:57 pm)
#50 of 350 Re: Is this a good lease? [acespade] by bartalk3 Apr 18, 2006 (12:57 pm)
Replying to: acespade (Apr 18, 2006 11:38 am) Possibly. Debating between the GS300 and the new ES350. If the 350's handling is at all improved over the current model, I may go for that. Even at sticker, it's thousands less than the GS comparably equipped. But it won't handle like the GS. On the other hand, the other factor is that the GS350 will debut in the fall.   Thanks for the ref. to the Fremont dealer. I'm going to be spending several months in the Bay Area this summer.
#51 of 350 April Money Factor by alboogie7 Apr 19, 2006 (9:11 am)
What is the money factor for April? Replies to this message: Car_man (May 01, 2006 1:33 am)
#52 of 350 Re: Is this a good lease? [acespade] by Car_man HOST Apr 30, 2006 (1:42 pm)
Replying to: acespade (Apr 12, 2006 7:26 pm) Hi acespade. A base 2006 Lexus GS 300 2WD has a spread of a little over $5,000 between its full MSRP and dealer invoice prices. You were quoted a $6,200 discount on the car that you are considering. As long as the price that you posted is not taking your down payment into account, this is a very good deal. The money factor that you were quoted for this car is right in line with Lexus Financial Services' buy rate money factor for it for consumers who qualify for its Tier 1 credit tier. This factor is slightly lower for consumers who qualify for its Tier 1+ tier, at .00126. Overall, this is a very fair deal.   You really should not make such a large down payment when leasing though. If your leased car is totaled in an accident or stolen, your $3,000 essentially disappears. You would be better off not making any sort of capitalized cost reduction. According to my calculations, if you were to lease a base 2006 Lexus GS 300 2WD with an MSRP of $50,704 and a selling price of $44,500 through LFS right now for 48 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $741.   Car_man Host Smart Shopper / Prices Paid Forums
#53 of 350 Re: April Money Factor [alboogie7] by Car_man HOST May 01, 2006 (1:33 am)
Replying to: alboogie7 (Apr 19, 2006 9:11 am) Hey alboogie7. Lexus Financial Services' current buy rate lease money factor for the 2006 GS 300 is .00126 in most areas for consumers who qualify for its Tier 1+ credit tier.   Car_man Host Smart Shopper / Prices Paid Forums
#54 of 350 Lease Deal on GS 300 RWD by pbijli Jun 12, 2006 (4:50 pm)
Hi there, The MSRP on GS 300 rwd including NAV & Mark lev. is $50510 in Miami, Fl. The lease deal I am getting is $608 + tax for 36 months with no down on 12k Miles. He is considering a .52 residual and tier 1 credit score. Is this a good deal? Also why diff. lexus dealers use diff. residual value eg. .52 and .55 for the same car. appreciate ur help. Thnks Bij Replies to this message: gcannon (Jun 17, 2006 5:08 am) Car_man (Jun 19, 2006 3:37 am) chucky2 (Jun 26, 2006 6:28 pm) Car_man (Jul 14, 2006 1:57 am) and 3 more...
#55 of 350 Re: Lease Deal on GS 300 RWD [pbijli] by gcannon Jun 17, 2006 (5:08 am)
Replying to: pbijli (Jun 12, 2006 4:50 pm) Bij - sounds like a great deal. Can you tell me the Miami dealer, and your salesman, so I can get the same deal! Thanks, george.
#56 of 350 Reminder... by kyfdx HOST Jun 17, 2006 (10:37 am)
Dealership names are okay...   Salesperson names are not okay..   Please see the message printed in red, just above the Post a Message box.   Thanks, kyfdx
#57 of 350 Re: Lease Deal on GS 300 RWD [pbijli] by Car_man HOST Jun 19, 2006 (3:37 am)
Replying to: pbijli (Jun 12, 2006 4:50 pm) Hi pbijli. You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what this car's selling price is.   Different Lexus dealers cannot use different residual values for the same car. Most likely, either the two dealers that quoted you different residual values are running the leases that they provided you with information on through different banks or they are using different mileage allowances.   Car_man Host Prices Paid Forums Replies to this message: chucky2 (Jun 26, 2006 6:28 pm) Car_man (Jul 14, 2006 1:57 am) smith000 (Jul 18, 2006 1:10 pm) and 1 more... lookn4lease (Jul 26, 2006 6:16 pm)
#58 of 350 Re: Lease Deal on GS 300 RWD [Car_man] by chucky2 Jun 26, 2006 (6:28 pm)
Replying to: Car_man (Jun 19, 2006 3:37 am) What are the June MF and residual figures for a 36 month/12 K lease on a GS300? Is Lexus giving any lease support? Replies to this message: Car_man (Jul 14, 2006 1:57 am) smith000 (Jul 18, 2006 1:10 pm) Car_man (Aug 01, 2006 3:36 am) lookn4lease (Jul 26, 2006 6:16 pm)

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