Lexus GS 350 / GS 460 Lease Questions

682 messages,  Last post on May 12, 2013 at 3:22 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

#595 of 682 Re: Lease [rbirns1] by Car_man HOST

Nov 27, 2012 (4:26 pm)

Replying to: rbirns1 (Nov 11, 2012 1:33 pm)
Hi rbirns1. Lexus Financial Services' November buy rate lease money factor and residual value for a 36-month lease of a 2013 GS 350 AWD with 10,000 miles per year are .00095 and 63% for consumer who qualify for its top credit tier.
 
There is a 24-month lease option for this car, but I wouldn't call it "great." The payment for a 36-month lease would likely be lower.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#596 of 682 Re: MF and residual for GS350 - December to Remember [jchasen] by Car_man HOST

Nov 27, 2012 (4:27 pm)

Replying to: jchasen (Nov 25, 2012 9:48 am)
Hi jchasen. Please see my previous post for the information that you're looking for. Yes, the payment waiver offer should be compatible with the conquest cash.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#597 of 682 Re: Base GS 350 [romil01] by Car_man HOST

Nov 27, 2012 (4:29 pm)

Replying to: romil01 (Nov 26, 2012 5:56 am)
Hi romil01. LFS' November buy rate lease money factor and residual value for a 36-month lease of a 2013 GS 350 RWD with 15,000 miles per year are .00095 and 60% for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#598 of 682 Re: Great deal on a 2013 Lexus GS350AWD [insidecarbuy] by mmenard

Nov 27, 2012 (5:14 pm)

Replying to: insidecarbuy (Oct 08, 2012 6:19 pm)
Hey: sounds like a great deal. What options/package did you have to arrive at your $55,907 MSRP? And was this $517.42 + tax or tax included.
 
Thanks!

#599 of 682 Re: Base GS 350 [Car_man] by mmenard

Nov 27, 2012 (5:17 pm)

Replying to: Car_man (Nov 27, 2012 4:29 pm)
Hey car_man. Would the residual value at 10K miles per year then be 62% or 63%?
 
Thanks!

#600 of 682 Re: Base GS 350 [mmenard] by mmenard

Nov 27, 2012 (7:45 pm)

Replying to: mmenard (Nov 27, 2012 5:17 pm)
Hey Car_man:
 
Sorry to bother you again, but Lexus is pushing 27 month leases for their December to Remember promotion. What is the residual value on their 27 month lease? I'm assuming the money factor is the same: .00095?
 
Thank you!

#601 of 682 Re: Help! [mceewren] by valueguy

Nov 29, 2012 (6:59 pm)

Replying to: mceewren (Nov 26, 2012 10:48 am)
Great deal. Where in Florida can I get that deal? Which dealers in Florida are offering the big discounts being discussed here?

#602 of 682 Re: MF and residual for GS350 - December to Remember [Car_man] by jchasen

Dec 03, 2012 (5:06 pm)

Replying to: Car_man (Nov 27, 2012 4:27 pm)
Car_man,
Are the LFS money factor lease rates consistent across the whole country, or are there regional differences (or other factors) that would explain why my local dealer is telling me that the money factor to lease a GS 350 AWD with premium package for a 36 month / 10,000 mile lease is .00120 and not the .00095 that you stated? Is the .00095 money factor for purchases, or leases, or both? Just trying to figure out why I'm getting conflicting information. Thanks.

#603 of 682 MSD Calculation by tdroesch

Dec 03, 2012 (5:15 pm)

From what I understand, up to 9 MSD's are being allowed to lower the MF on a lease and each deposit lowers the MF by .00008.
 
When determining the total of those 9 MSD's, does one calculate using the monthly payment amount at the original MF, or do you use the payment amount after reducing the MF?
 
For example (hypothetical):
 
I have an original payment of $750/month without any MSD's and 9 MSD's would bring that amount down to $650.
 
Do I need to put down $6,750 (9 x $750) or $5,850 (9 x $650)?
 
Probably a simple question but one that I have not been able to determine on my own!
 
Thanks,
 
Tom

#604 of 682 Is this a Good Deal? by dkny330

Dec 03, 2012 (7:23 pm)

Went tonight to price GS350 AWD with Nav/Premium and a bunch of other things that brought the MSRP to $55,927. With a residual of 63% for 36 mo/10K, money factor of .00120. The selling price of the car was about $300 below invoice (I think at $52,600 or something like that). I also would get the $1500 conquest cash (for the life of me can't figure out how this helped me). The price was:
 
$550/mo for 36 mo. paying $2500 upfront (taxes - in NY). No other fees as they are all rolled into price. Is this good? Thanks!
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