Last post on Dec 10, 2013 at 10:38 PM
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Lexus GS 350, Lexus GS 430, Lexus GS 460, Car Buying, Car Leasing, Sedan
#577 of 958 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 958 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 958 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 958 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 958 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.
#582 of 958 Re: Residual and Money Factor on 2012 and 2013 GS350 awd FSPORT [armitagemike]
Oct 23, 2012 (3:54 pm)
Here you go Armitagemike. Lexus Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2013 GS 350 AWD F-Sport with 12,000 miles per year are .00095 and 59% for consumers who qualify for its top aka Tier 1+ credit tier.
The numbers for the 2013 GS 350 AWD non F-Sport are .00145 and 62%.
There is a $1,500 cash incentive on leases of this car to current owners and lessees of competitive models, but unfortunately you can't double up on it if you own two of them .
I doubt that you'll be able to get this car for straight invoice minus the conquest cash, but you never know. You can always try. I think that $500 or more over is probably more likely.
Prices Paid: Buying & Leasing Experiences Forum
#583 of 958 MF and Residual GS350
Nov 08, 2012 (2:13 am)
What would the residual and money factor be on a 2013 GS 350 RWD F-Sport with 15,000 miles/year? Thanks!
#584 of 958 Gs question
Nov 09, 2012 (1:29 pm)
I'm considering this gs 350 awd. The dealer quoted me a selling price of 55k and with zero down offered a 36 month lease for 789 with 22k miles. I smiled and told him to sharpen his pencil and i would give him another chance soon. I would pay 650 for this deal and the consider the 9 payment options to further reduce the deal. Am I crazy. There is a lot of fat built into his price
#585 of 958 Re: MF and Residual GS350 [romil01]
Nov 11, 2012 (7:22 am)
Hi romil01. Lexus Financial Services' November buy rate lease money factor and residual value for a 36-month lease of a 2013 GS 350 F-Sport with 15,000 miles per year are .00095 and 57% for consumers who qualify for its top aka "Tier 1+" credit tier.
Prices Paid: Buying & Leasing Experiences Forum
Nov 11, 2012 (12:33 pm)
What are the numbers for 36 month lease of GS350 AWD with 10k miles? What about RWD? Is there a great 24 month deal?