Last post on Dec 05, 2013 at 5:42 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Lexus GX 470, Lexus GX 460, Car Leasing, SUV
#115 of 326 Re: 2007 LFS Money Factors & Residuals [bapplegate]
Nov 14, 2006 (3:11 am)
You're welcome, Bill. Since you mentioned its prices, I can work up a sample lease payment on this truck for you. According to my calculations, if you were to lease a 2007 Lexus GX 470 without the entertainment system with an MSRP of $53,560 and a selling price of $47,253 through Lexus Financial Services right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $679. If I was in the market for this truck, I personally would wait until later this month to get one. I suspect that Lexus will introduce its "December to Remember" sales event then. Given the lack of lease support that is available on the GX right now, its new lease program for it is likely to improve.
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#116 of 326 Re: 2007 LFS Money Factors & Residuals [susanw6]
Nov 14, 2006 (3:13 am)
Hey susanw6. The following informative article that is available here at Edmunds.com describes exactly how to calculate lease payments on vehicles: Calculate Your Own Lease Payment. Check it out and let me know if you have any questions.
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#117 of 326 2006 December To Remember
Nov 17, 2006 (1:23 pm)
I just received an e-mail from a Lexus dealership in Southern CA that says that the December To Remember event has begun. The e-mail does not mention any specifics other than the deal runs through Dec. 31, 2006. Can you confirm if the December To Remember event has in fact begun? If the December To Remember event has begun can you tell me what the money factor and residual are for a 2007 GX470 with RSE & NAV for 36 mos. with both 12K and 15K? Also, can you tell me if the residual is the same for a 2007 GX470 with the RSE & NAV and a 2007 GX470 loaded with the Sport Package?
#118 of 326 December to Remember
Nov 22, 2006 (5:10 pm)
This is what my dealer was offering:
Bay Area Calif.
Nav, Mark L audio, towpkg, 3rd seat, mats, spoiler, pref accessory pkg.
36 months, 12000 miles
Excellent credit: 800+
Msrp: 54048 + 400 for XM radio.
Offer (Cap price): 45852
Invoice: 47042 + 400 (for XM)
Money factor: .00275
I forgot the residual %.
20 cents per mile over the limit.
Money down: 1070
Pmt incl. tax: 700.45
Is this a good deal? What are the .0017 rates above, are they better?
My dealer said that his quotes was a December to Remember deal.
#119 of 326 December to Remember
Nov 27, 2006 (4:14 pm)
Does anyone know the lease deal (residual and money factor) Lexus is currently offering on the GX470 for its lowest mileage lease option? Thanks.
#120 of 326 2007 residual & MF Dec to Rem
Dec 04, 2006 (6:03 pm)
Can you tell me the money factor and residual Lexus is offering on the GX470 for a 36 month, 10k/yr lease during the December to Remember sales event?
#121 of 326 Delaying Delivery / negotiating
Dec 05, 2006 (3:19 am)
Hi, FWIW, I purchased my GX Jan 31, 06, but got it at my original Dec to Remember numbers. My dealer, Crown Lexus, (specific saleswoman, of course) honored my quote from Dec, which had been all via email. (I was ready to lease in December, changed my mind, then decided to move forward in January.) Having the original emails handy was all my salesperson needed to honor the deal. I picked my car up, and it was still wrapped in plastic from head to toe, pristine. They found me exactly the model/color I needed. It was an absolutely stellar buying experience. I live in San Diego, but it was worth the drive.
My personal experience was that the December to Remember deals are the best around, and never got more favorable again. I leased (but could have also purchased) at invoice, and my money factor was.0012 with tier 1 credit, Zero down, 15k miles per year for 36 months. Took a friend with me, and they made her a deal at invoice if she bought that day.
Good luck with your purchase, don't hesitate to look for a bargain, they are out there if you are willing to look.
#122 of 326 Delaying/negotiating part 2...
Dec 05, 2006 (3:26 am)
Oops, I almost forgot, my payments on the above lease are $635 per month, no money down, 36 mo. Mine is almost fully loaded, nav,rse,tow,spoiler,levinson, etc. Keep in mind that the "largest" San Diego dealer laughed me off the lot when I asked him to give me the same deal as Crown. He later called me back to offer me $500 over invoice, but I had already went ahead with my offer from Crown. Crown is a fairly large volume dealer and can find almost any model.
#123 of 326 Re: 2006 December To Remember [jyd]
Dec 10, 2006 (7:20 am)
Hey JD. Lexus' "December to Remember" event officially began on November 14th. Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 GX 470 with entertainment and navigation and 15,000 miles per year are .00225 and 54%, respectively for consumers who qualify for its Tier 1+ credit tier. This truck's 12,000 mile per year residual value would be 2% higher. The only option that has an impact upon this truck's residual values is the entertainment system. The residual values for units without his system is 1% higher than it is for units that have it.
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#124 of 326 Re: December to Remember [freedonia]
Dec 10, 2006 (7:27 am)
Hi freedonia. Lexus Financial Services' "December to Remember" buy rate lease money factor for the 2007 GX 470 is .00225 for any length lease for consumers who qualify for its Tier 1+ credit tier. Its residual values vary depending upon how long you lease it for. LFS' current 36 month, 12,000 mile per year residual for a 2007 GX 470 without the entertainment system is 57%.
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