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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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Replying to: Car_man (Aug 31, 2005 3:25 am) I have a 2005 GX and my lease will run out Aug 2008. I'm pretty excited about the new 08 GX model coming out at the end of the month, since I will definitely lease another GX again. I do have a question regarding turning in my 05 GX next year with the after-market DVD entertainment system. Can I take them out before turning the car in at the end of my lease, so I can install it in the new car? Basically the 2 LCD screens on the headrests will come out and the original headrests that came with the car will go back in. The DVD unit is inside the center console and can come out without damages to the car. The after- market entertainment system price was included in the original lease price. I was told by someone that since it's not factory-installed, I can take it out before turning the car in. Is that correct? Thanks for your help!
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I leased a GX-470. Their was trade in involve too. MSRP=$55650.(NAV/3rd seat/RES.....) negotiated price=$49000 (delaer told me the invoice is $48650) 36m/12k. $0 down. per month $880 (out of door every thing included)) but also get back $11.5K for my trade in after they will payoff my car. I got the kkb value for trade In. So if I do the math right it will be $560/month since I got back 11.5k. (11500/36 = 320) 880-320=560. Is that a reasonable deal. The deal was done in 30 min not much hassle since I asked him that I will pay invoice price only and I am sure if I would have persist more they would have come to invoice but since a trade in was involve I did not push for more. They offer me the best price I got so far on trade in.
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I'm about to lease a '08 GX470 White/Tan. MSRP $52,225 + tax. 36 mo / 30k miles They want $1,400 drive off and $880/mo (incl tax) Good deal?
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Replying to: us_matrix (Jul 31, 2007 4:08 pm) Let's take a look at the lease programs for the trucks that you mentioned. Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 GX 470 with 12,000 miles per year are .00285 and 52%, respectively. If I recall correctly, BMW Financial Services' current money factor and residual value for an otherwise identical lease of an '07 X5 3.0 are .00230 and 58%. As you can see, BMW's lease program for the X5 is much more attractive than Lexus' current program for the GX 470. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: toddc2 (Aug 02, 2007 1:16 pm) Lexus is not currently providing any lease support on the GX 470. If you were to lease one through Lexus Financial Services right now, you would have to use its standard money factor. Its standard factor may vary slightly by region, but it should currently be around .00285 for consumers who qualify for its Tier 1+ credit tier. LFS' current 60 month, 12,000 mile per year residual value is only 36%. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: hotchilipepper (Aug 11, 2007 2:43 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: freshwater (Aug 25, 2007 8:23 pm)  . Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: berisky (Sep 05, 2007 11:40 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Sep 07, 2007 2:41 am) $52,225 MSRP $46,701 Negotiated $1150 Chrome Whls $160 Window Tint $895 XM Radio $2000 Rear Seat DVD in each headrest $600 Acquisition Fee $51,506 Total $1500 drive off includes first payment & reg $860/mo 35 months & 10k mi/year Good?
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This is the first time I am considering leasing and any information/advice would be appreciated. I received the following quote and it seems like a decent deal: GX470 with MSRP: $53,536 Includes: Navigation System / Mark Levinson Audio Package Includes: Backup Camera Cargo Net, Cargo Mat, Wheel Locks Exhaust Tip Rear Spoiler Third Row Seat With Rear Air Conditioner Tow Hitch Bracket Sale price $45,688 Residual $29,444. MF .00275 $1500 Total Drive Offs 36  $735. Incl Tax. I asked for a quote based on 3 years/12,000 miles per year so I believe this is for 36,000 miles. I am trying to confirm this with the dealer. Will the December to Remember deals be better? Any chance I can negotiate a better money factor now and not wait until the end of November? I believe the money factor will go down to .00225 at that point in time. Thanks for any responses!
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