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Lexus GS 350 / GS 460 Lease Questions

355 messages,  Last post on Nov 30, 2009 at 7:36 PM

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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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#59 of 355 Re: Lease Deal on GS 300 RWD [chucky2] by Car_man HOST Jul 14, 2006 (1:57 am)
Replying to: chucky2 (Jun 26, 2006 6:28 pm) Hi chucky2. Here is info on Lexus' new July lease program. If you were to lease a 2006 Lexus GS300 2WD through Lexus Financial Services right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00126 and 50%, respectively.   Car_man Host Prices Paid Forums Replies to this message: smith000 (Jul 18, 2006 1:10 pm) Car_man (Aug 01, 2006 3:36 am) lookn4lease (Jul 26, 2006 6:16 pm)
#60 of 355 Lease Deal on GS300 AWD by ginfay Jul 16, 2006 (5:11 am)
Went to the dealer this past weekend and I'm looking to take advantage of the July lease deal.   Here are the numbers: MSRP is $48,414, 36 month lease, 12,000 miles   Due at signing is $5535 - which inclues: $2,500 Down pmt $525 first pmt $249 processing $600 acquisition $125 tags $1536 taxes Residual value is 50% = $24,207   My monthly payment is quoted at $519 a month.   Can you tell me if I'm getting a good deal? Replies to this message: lookn4lease (Jul 21, 2006 10:22 am) ginfay (Jul 21, 2006 6:47 pm) Car_man (Aug 01, 2006 2:37 am)
#61 of 355 Re: Lease Deal on GS 300 RWD [Car_man] by smith000 Jul 18, 2006 (1:10 pm)
Replying to: Car_man (Jul 14, 2006 1:57 am) Is this the same on a 3yr/15k lease or have residuals dropped? Replies to this message: Car_man (Aug 01, 2006 3:36 am)
#62 of 355 Re: Lease Deal on GS300 AWD [ginfay] by lookn4lease Jul 21, 2006 (10:22 am)
Replying to: ginfay (Jul 16, 2006 5:11 am) This sounds like a great deal - which dealer was this? Replies to this message: ginfay (Jul 21, 2006 6:47 pm)
#63 of 355 Re: Lease Deal on GS300 AWD [lookn4lease] by ginfay Jul 21, 2006 (6:47 pm)
Replying to: lookn4lease (Jul 21, 2006 10:22 am) You should be able to get this deal anywhere up until the end of July.
#64 of 355 Re: Lease Deal on GS 300 RWD [Car_man] by lookn4lease Jul 26, 2006 (6:16 pm)
Replying to: Car_man (Jul 14, 2006 1:57 am) The money factor now is .00096 according to two dealers as of last week.
#65 of 355 CAR_MAN - Request new info on lease for GS 300 RWD by Bushwack Jul 27, 2006 (7:33 am)
Car man,   As the author of the previous post stated, it seems the money factor has lowered on a GS 300 RWD. Could you please confirm?    Also, could you please work up some numbers (or confirm the mf and residual) for a 36 mo/10,000 mile and a 36 mo/12,000 mile lease for the GS 300 RWD (here in Los Angeles). My FICO hovers around 770 - that should be Tier 1 for Lexus, correct?   MSRP: $50,490 Selling price: $45,600 (includes destination, excludes taxes - 3.5% over invoice).   Side note: Do you have the mf and residual for the upcoming GS 350 RWD? Thank you. Replies to this message: lookn4lease (Jul 27, 2006 9:21 am) Car_man (Aug 01, 2006 3:43 am) Bushwack (Aug 01, 2006 7:16 am) Car_man (Aug 02, 2006 1:24 am)
#66 of 355 Re: CAR_MAN - Request new info on lease for GS 300 RWD [Bushwack] by lookn4lease Jul 27, 2006 (9:21 am)
Replying to: Bushwack (Jul 27, 2006 7:33 am) Last week I leased the 2006 GS300 RWD w/ NAV ($48,424 MSRP)-36 mo/12k miles for $590 with a $2500 drive off. I think I could have done better but it was hard to find the color combination I wanted so I caved. I'd like to hear what other deals people get. Over the six months I worked on getting this car, I found that most dealers did not want to seriously negotiate by phone/email. I suppose they want to prevent customers from from playing them off each other and/or get us to commit the time to going to them.
#67 of 355 Re: Lease Deal on GS300 AWD [ginfay] by Car_man HOST Aug 01, 2006 (2:37 am)
Replying to: ginfay (Jul 16, 2006 5:11 am) Hi ginfay. When trying to determine if a quote is a good deal, it helps to know the vehicle's selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. The selling price shows you how much of a discount you are being given and it enables you to calculate what your car's lease payment should be. I;d be happy to give you my opinion of this deal if you let me know what this car's selling price is. For now I can tell you that I would eliminate the $2,500 down payment if I was in your situation. Consumers who make large down payments on leased vehicles risk losing them if their leased vehicles are totaled in an accident or stolen and never recovered.   Car_man Host Prices Paid Forum
#68 of 355 Re: Lease Deal on GS 300 RWD [smith000] by Car_man HOST Aug 01, 2006 (3:36 am)
Replying to: smith000 (Jul 18, 2006 1:10 pm) Hey smith000. Lexus Financial Services' new buy rate lease money factor and residual value for a 36 month lease of a 2006 GS 300 2WD with 15,000 miles per year are .00067 and 48%, respectively.   Car_man Host Prices Paid Forum

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