- #79 of 355
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September 7 GS 330 AWD Lease Help!!!
by hellgeth
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Sep 06, 2006 (11:27 pm)
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HEY CAR MAN, I am about to lease a 2006 GS 330 AWD. The September Sales event is over as of the 4th, but I was told I can still get the deal that was offered. I guess the money factor. What Should I try to get off the MSRP. Also, what is the money factor and how do you figure it in, (the formula). I will have a trade with negitive equity put into the lease, besides paying that in the monthly payment, will that affect the money factor. I am probably a tier 1 maybe a tier 2 credit risk. Any help would be so greatly smiled upon, THANKS!!!!
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- #80 of 355
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September 7 GS 330 AWD Lease Help!!!!
by hellgeth
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Sep 06, 2006 (11:39 pm)
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Ops, It would be a 48 month lease, with a $1000.00 down
12,000 mile per year!
I hope that all the information you'll need. Thanks so much for your time and help!
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- #81 of 355
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Re: September 7 GS 330 AWD Lease Help!!!! [hellgeth]
by felke001
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Sep 07, 2006 (5:24 am)
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Replying to: hellgeth (Sep 06, 2006 11:39 pm)
Not carman, but the car you are referring to doesn't exist
if I'm not mistaken,
there is a 2006 GS300 AWD or RWD, 2006 GS430 (RWD only)
2007 GS350 AWD or RWD, 2007 GS450H (RWD hybrid)
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- #82 of 355
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Re: September 7 GS 330 AWD Lease Help!!!! [felke001]
by hellgeth
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Sep 07, 2006 (5:41 am)
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Replying to: felke001 (Sep 07, 2006 5:24 am)
Yes, I am sorry GS 300 AWD, A tad tired this morning.
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- #83 of 355
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September Lease info on remaining '06 GS300's
by djdez
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Sep 09, 2006 (1:45 pm)
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Car_man, could you please let me know what the residuals/money factors are for September on remaining GS300's ? I'm looking for 36 months and 12000 miles ...
I just got an email from a Lexus dealer who knew I was interested, saying that the Summer Event has been extended - I just wanted to know if the money factor may have gotten even better !
Thanks !!!
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- #84 of 355
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residual and money factor for 07 gs350?
by leland1
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Sep 11, 2006 (12:44 pm)
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Hello there, I was wondering what the residual value and money factor are for a 2007 GS 350, without navigation, 10k miles per year. Thank you.
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- #85 of 355
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Re: September Lease info on remaining '06 GS300's [djdez]
by hellgeth
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Sep 18, 2006 (8:34 am)
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Replying to: djdez (Sep 09, 2006 1:45 pm)
Hey DjDez I know for a fact the 48 month money factor on a 06 GS 300 is.00067, Tier 1 Plus credit, a FICO score over 730. You can always call a few dealers and just ask them. Sometimes they'll say its a bit higher, trying to cushion them selves more profit. For example, I called a few dealers and I was quoted a money factor from .00099 down to .00067. I don't know the 36 month though. I am still deciding myself whether now is the time to pull the trigger or not. GOOD LUCK!
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- #86 of 355
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Re: Lease #s for 2007 GS350 AWD [felke001]
by Car_man HOST
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Sep 26, 2006 (2:07 am)
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Replying to: felke001 (Sep 05, 2006 9:27 am)
Here you go, Mike. Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 GS 350 2WD with 12,000 miles per year are .00275 and 53%, respectively for consumers who qualify for its "Tier 1+" credit tier.
Car_man
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Prices Paid Forum
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- #87 of 355
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Re: Lease #s for 2007 GS350 AWD [lexus350]
by Car_man HOST
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Sep 26, 2006 (2:08 am)
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Replying to: lexus350 (Sep 05, 2006 3:06 pm)
Greetings lexus350. You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers 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 this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle 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 these numbers are.
Car_man
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Prices Paid Forum
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- #88 of 355
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Re: September 7 GS 330 AWD Lease Help!!! [hellgeth]
by Car_man HOST
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Sep 26, 2006 (2:15 am)
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Replying to: hellgeth (Sep 06, 2006 11:27 pm)
What you were told iss correct, hellgeth. Lexus is still providing a special lease money factor of .00067 on the 2006 GS 300 for consumers who qualify for its "Tier 1+" credit tier this month. I believe that its "Tier 1" factor is .00010 higher. I'm not sure what its special money factors are for other credit tiers. The fact that you are trading in a vehicle that you have negative equity in will not have any impact upon your car's money factor. It will increase its capitalized cost, and in turn its monthly payment though. The following article describes the formula that is used to calculate lease payments in great detail: Calculate Your Own Lease Payment. You may be able to get an idea of how much you should pay for this car right now by visiting the following discussion: "Lexus GS: Prices Paid & Buying Experiences".
Car_man
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Prices Paid Forum
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