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Prices Paid: Buying & Leasing Experiences Lexus GX 470 Lease Questions
259 messages, Last post on Oct 27, 2009 at 1:42 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Car_Man, My 2005 ES330 lease (which you helped me negotiate oh so long ago!) will be up in January 08. I am looking to lease a GX470 due to an expanding family. Got some quotes but they are too high but what intrigued me was that the salesperson mentioned some program that Lexus will take my ES330 back under an early lease termination if it's within 6 months of it's ending. He did not elaborate but I was wondering if you knew anything about it? Are there any additional costs involved? I am about 1,000 miles over the mileage now so will I still have to pay for mileage? Thanks again! Lexusct
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Hello Car_Man! This is the last and best offer I was given from a dealership on the LA area. 2007 GX470 - Package 2 w/ Sport(Fully Loaded - Levinson Sound, Sport Package, Black Decals, Third Row Air) No Rear DVD entertainment or spoiler MSRP: $54,710 Adj. Cap cost: $47,212.00(after $595 Aquisition Fee and $182.58 Cap cost reduction) I will fall into tier 1 (fico 680-729) 36 month/20K US Bank quote MF: .00218 Res: $26,185.00 $0 Drive off fees/down $807.96 Monthly $874.62 Monthly including tax I was told there was not a penny left to squeeze out of them. Likely story, but I thought I would get your expert take on it anyways! Lastly, what are the pros and cons when it comes to not using LFS? Thanks in advance!
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Replying to: hunts1 (Jun 02, 2007 7:07 pm) Car_man Host Prices Paid Forum |
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Replying to: lexusct (Jun 12, 2007 7:47 am)  . A number of manufacturers offer early lease termination programs on select models. I have not personally seen one from Lexus, but I would not be surprised if it had one. If you decide to get out of your current lease early, just make sure that you are not being charged anything extra for doing so. Car_man Host Prices Paid Forum |
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Replying to: mdcruzz (Jun 18, 2007 11:40 am) Car_man Host Prices Paid Forum |
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Car_man: Looking at the GX470 as well. Do you have MF and residual for a GX470 with Nav and Third Row Seat; MSRP of $53461 and sale price of $47250 plus tax/tags. |
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Replying to: rfalls (Jun 28, 2007 11:21 am) Thanks Car_man. ________________________ Looking at the GX470 as well. Do you have MF and residual for a GX470 with Nav and Third Row Seat; MSRP of $53461 and sale price of $47250 plus tax/tags. |
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Replying to: rfalls (Jun 28, 2007 11:21 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Jul 31, 2007 2:17 am) I am new to Lexus leasing world. I am thinking about to get jeep. In my mind, GX 470 or X5. I am currently leasing a MB E350 but i have some question about the residual value. In MB or BMW, their residual value is 60% for 36 months in 12k per yr. But i just learned that from Lexus their residual value is much lower like 50% in same term, which mean that lease payment will be much higher than leasing a MB or BMW with the same selling price and MF. Please correct me if i am wrong. I always thought Lexus is not depreciate as much as MB or BMW but it does not seems like in leasing game. Thanks
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Replying to: Car_man (Jul 31, 2007 2:17 am) Same question for 60 month, 12k miles and tier 1+ credit. I've seen bank quotes as low as MF .00226 and residual 39% for this lease, just looking for the best deal.
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