Last post on Dec 04, 2013 at 8:49 AM
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Lexus GS 350, Lexus GS 430, Lexus GS 460, Car Buying, Car Leasing, Sedan
#572 of 951 Re: 2013 Lexus GS 350 AWD - Sept. residual/MF [viper86]
Sep 16, 2012 (5:46 am)
Hi viper86. According to the latest information that I have seen, Lexus Financial Services' buy rate lease money factor for the 2013 GS 350 AWD is .00145 for consumers who qualify for its Tier 1+ credit tier.
Dealers are technically allowed to mark money factors up, but I personally would never allow a dealer to do so on a lease that I was getting, unless for some reason the dealer wanted to make its money that way and its selling price blew away every other dealers'. There's enough competition in my area that I ca avoid mark-ups fairly easily.
I'm not sure what this car's 27-month residual value is, but I suspect that it's around 68% or so.
Prices Paid: Buying & Leasing Experiences Forum
#573 of 951 New Lease on 2013 GS-F Sept/Oct issue with MF
Oct 02, 2012 (9:33 am)
This is an interesting one for me:
First, here is what I have on the table (let me know if this is worthy):
2013 GSF loaded w/o Levitson: $MSRP of $59,442
Worked purchase price down to $56,942, including conquest.
MF at .00155/ $2000 cap reduction = $721.74/mo 36 mo at 15K a year. ($4,076 out of pocket inc fees, tax)
Is this a good deal?
Here is 2nd issue - I submitted the credit app at 8:15pm to dealer, but Sept incentives were only good through 8pm, so now the deal is waiting on October Incentives, which could be worse.....anyone know October numbers yet?
#574 of 951 Can I do better than this deal?
Oct 08, 2012 (2:00 pm)
$799 48 months 10k miles.
$4500 discount-3k discount,$1500 conquest.
Money Factor- .00185
Shouldn't I be at invoice, then minus discounts? Thanks.
#575 of 951 Re: Can I do better than this deal? [riloh05]
Oct 08, 2012 (2:13 pm)
You can definitely do better. While I don't know this month's MF, this is the deal I got or my wife back in August on an F-SPORT:
MSRP = $58,321
Sale = $54,126
Money Factor = 0.00145
Residual = 59%
Total Drive Off = $500.00 + Remote Start Included
36/mo & 12k mi
Monthly = $744.00 (includes tax)
This is good deal, not a great one. But at least you have a base to start from.
#576 of 951 Re: Can I do better than this deal? [millyman]
Oct 08, 2012 (2:20 pm)
I left out a big chunk... I am rolling in about $5500 of negative equity.
#577 of 951 Great deal on a 2013 Lexus GS350AWD
Oct 08, 2012 (5:19 pm)
I just helped a friend get this deal on a 2013 Lexus GS350AWD. The MSRP is $55,907 and selling price of $49,400 after $1,500 conquest rebate. I contacted 13 different dealers before securing this price… here are the details below.
Monday, October 08, 2012 10:16:47 AM
Customer Name: Inside Car Buying LLC WD Deal ID: 43152
Sale Vehicle: New 2013 LEXUS GS 350 9306 4dr Sdn AWD w/AC , Automatic , Odom: 0
Base Payment 517.42
Total Payment 517.42
Purchase Option 39,134.90
Est. Miles Per Year 12,000
Excess Mileage Charge 0.25
Amount Due at Signing
1st Month Payment 517.42
Acquisition Fee 700.00
Fees & Insurance 232.50
Upfront Taxes 1,087.47
Total Inception Fees 2,537.39
Total Cash Required on Delivery 2,537.39
Customer State: New York Customer County: WESTCHESTER
Type Amount Rate Paid
Cashdown Tax 57.16 7.3750 Upfront
Upfront Tax 1,030.31 7.3750 Upfront
Description Amount Paid
Reg 135.00 Upfront
Insp 10.00 Upfront
Title 12.50 Upfront
DocFee 75.00 Upfront
#578 of 951 Re: GS350 F Sport [tdroesch]
Oct 13, 2012 (10:11 am)
Just checking in again to see if anyone can help me to determine how the dealer sets the multiple security deposit amounts...is each deposit equal to one month's lease payment or is there some other calculation?
Also, does anyone know the October MF and residual for a GS350 F-sport rear wheel drive (loaded) on a 3 year lease with 15k/year?
#579 of 951 Re: GS350 F Sport [tdroesch]
Oct 13, 2012 (4:13 pm)
Each multiple security deposit (MSD) you put down, your money factor goes down by 0.0001 (or 0.0001 x 2400 = 0.24%). This means your monthly payment will decrease and you get your security deposit back at the end of your lease.
You can read more about MSD here - http://bit.ly/RmU2CH
I can't find current month lease rates on Google, but you can email a few dealers in (or out of) your area to see if they provide the same residual and money factor.
#580 of 951 Residual and Money Factor on 2012 and 2013 GS350 awd FSPORT
Oct 19, 2012 (2:30 pm)
Carman - can you please provide the October residual and money factor for the GS350AWD FSPORT? Need 36 month, 12,000 miles. Is the FSPORT residual different than an AWD car without the FSPORT? If so, please provide.
Also, if I already lease a Lexus and a BWM, is there $3,000 in cash available, instead of just the $1,500?
Finally, are dealers typically doing invoice deals on these cars, and then subtracting the "conquest" cash?
Thanks and advise.
#581 of 951 Lease deal offered on 10/12/2012
Oct 21, 2012 (11:42 am)
To lease it:
27 months 10,000 mi/yr
Sale price: $51,303
Down Payment (including 1st month payment): $3500
Monthly Payment $457.48
Don't know if this was a good deal but the drive off, monthly payment and 27 month term fit for me so I took it.