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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

What is this discussion about? Lexus GX 470, Car Leasing, SUV


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#191 of 259
Re: December to Remember Sales Event [caligirl5] by firstnten
Nov 26, 2007 (5:31 pm)
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Replying to: caligirl5 (Nov 25, 2007 4:41 pm)

56% residual and a .00255 mf is better than the figures you posted in September, which is encouraging. I agree (hope) that the mf is actually lower during December to Remember. Is the 56% residual based on a GX 470 with or without an rear seat entertainment system?
#192 of 259
Re: December to Remember Sales Event [firstnten] by caligirl5
Nov 26, 2007 (9:18 pm)
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Replying to: firstnten (Nov 26, 2007 5:31 pm)

Hi firstnten,
 
The figures are for the GX470 with Mark Lev/Nav, third row, preferred accessory pkg plus dual screen RSE added to the headrests. Although the money factor is better than the previous quote I'm finding that the dealers are not taking as much off the MSRP now. Interestingly, I have a quote on a Mercedes GL 450 with the dual screen RSE and the monthly payment is coming out very close to the GX470 payment even though the GL450 cap cost is nearly 10K more than the GX.
#193 of 259
Re: December to Remember Sales Event [caligirl5] by firstnten
Nov 26, 2007 (9:30 pm)
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Replying to: caligirl5 (Nov 26, 2007 9:18 pm)

Thanks caligirl5. Good info, especially since the GL is also on my list.
#194 of 259
Re: December to Remember Sales Event [firstnten] by Car_man HOST
Nov 27, 2007 (3:15 am)
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Replying to: firstnten (Nov 24, 2007 9:47 am)

Hi firstnten. Lexus is not currently providing any cash incentives on the 2008 GX 470, but it does have $1,500 dealer cash on the 2007 model. As far as this truck's lease program goes, Lexus Financial Services' December to Remember buy rate lease money factor and residual value for a 36 month lease of a 2008 GX 470 with the entertainment system with 12,000 miles per year are .00255 and 56%, respectively for consumers who qualify for its Tier 1+ credit tier.
 
LFS provides a .00010 money factor reduction for every additional security deposit lessees make, up to a maximum of nine.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#195 of 259
Re: December to Remember Sales Event [caligirl5] by Car_man HOST
Nov 27, 2007 (3:16 am)
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Replying to: caligirl5 (Nov 25, 2007 4:41 pm)

Hi caligirl5. Lexus Financial Services' new December to Remember buy rate lease money factor and residual value for a 36 month lease of a 2008 GX 470 with the entertainment system and 12,000 miles per year are .00255 and 56%, respectively for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#196 of 259
Re: December to Remember Sales Event [firstnten] by caligirl5
Nov 27, 2007 (8:12 am)
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Replying to: firstnten (Nov 26, 2007 9:30 pm)

Firstnten, check out the 39 month lease for the GL450. Currently MBF is offering a .00180 money factor on the vehicle for the 39 month term.
#197 of 259
Re: December to Remember Sales Event [Car_man] by caligirl5
Nov 27, 2007 (8:14 am)
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Replying to: Car_man (Nov 27, 2007 3:16 am)

Thanks for the information Car_man!
#198 of 259
Re: December to Remember Sales Event [caligirl5] by caligirl5
Nov 27, 2007 (2:12 pm)
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Replying to: caligirl5 (Nov 27, 2007 8:12 am)

Opps! It's the 33 month term with .00180 MF (not 39 months).
#199 of 259
Re: December to Remember Sales Event [caligirl5] by Car_man HOST
Nov 28, 2007 (2:19 am)
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Replying to: caligirl5 (Nov 27, 2007 8:14 am)

You're very welcome, caligirl5.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#200 of 259
Re: December to Remember Sales Event [caligirl5] by firstnten
Nov 28, 2007 (5:35 am)
Reply

Replying to: caligirl5 (Nov 27, 2007 2:12 pm)

Thanks. That's a good MF. Mercedes, like Lexus, offers a discount on MF with multiple security deposits, which would really get the MF ridiculously low. You may have already found this Mercedes site, but it list the lease details along with residual values for the deal you mention. Mercedes Lease Deals
 
(Sorry for the off topic post everyone, but I wanted to share this info with caligirl5 since she has been very helpful researching the GX and alternatives.)

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