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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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#198 of 259
Re: December to Remember Sales Event [caligirl5] by caligirl5
Nov 27, 2007 (2:12 pm)
Reply

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
Host
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.)
#201 of 259
Re: December to Remember Sales Event [Car_man] by firstnten
Nov 28, 2007 (5:36 am)
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Replying to: Car_man (Nov 27, 2007 3:15 am)

Thanks Car_man. Do you happen to know the MF and residual for the 2007 model?
#202 of 259
Re: December to Remember Sales Event [Car_man] by firstnten
Dec 02, 2007 (9:32 pm)
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Replying to: Car_man (Nov 27, 2007 3:15 am)

Car_man: Have the following numbers changed now that it is December? 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.
 
Also, please disregard the request for the 2007 information. I could not get the options I wanted on the last remaining ones. Thanks.
#203 of 259
Re: December to Remember Sales Event [firstnten] by scijohnc
Jan 02, 2008 (9:47 am)
Reply

Replying to: firstnten (Dec 02, 2007 9:32 pm)

I leased this on New Years Eve
 
GX470 Black MSRP: $51,605.00
Includes:
Navigation System / Mark Levinson Audio Package
Backup Camera
Cargo Net, Cargo Mat, Wheel Locks
Third Row Seat With Rear Air Conditioner
Tow Hitch Bracket
 
Lexus Financial Services
12k miles per year
0 security deposits
no lease end fees
 
43,588.02 Gross Cap Cost
       93.77 Cap Cost Reduction
43,494.25 Adjusted Cap Cost
24,770.40 Residual Value
     596.24 Base Monthly Payment
       38.76 Monthly Sales Tax
     635.00 Total Monthly Payment
 
The inceptions of $1621.00 were picked up by the dealer so I only have to make 47 payments
 
Good Deal?
#204 of 259
Re: December to Remember Sales Event [scijohnc] by gap4jason
Jan 02, 2008 (9:12 pm)
Reply

Replying to: scijohnc (Jan 02, 2008 9:47 am)

Looks like a great deal....just for clarification was this on an '07 or '08?
and that the actual selling price is 43,588.02? That's over 8,000 off of sticker. Sounds like a good deal.
 
May I ask what dealership?
#205 of 259
Re: December to Remember Sales Event [gap4jason] by scijohnc
Jan 03, 2008 (12:52 pm)
Reply

Replying to: gap4jason (Jan 02, 2008 9:12 pm)

It was an 08 with 9 miles on the odometer.
 
I had spent 2 hours at JM Lexus in South Florida but they didn't have the car in Black and their price was much higher. I called Lexus of Palm Beach from the JM showroom and they said they had the car and would work for the sale. They were great to work with.
 
It was about 1.5 hours after the dealership had officially closed on New Years Eve and they wanted the sale. When my wife started backing away they offered to pick up the incentives. I signed about 10 seconds later.
 
They insisted it was a money loser for them and for once I actually believed the dealer. I highly recommend the dealership.
#206 of 259
Re: December to Remember Sales Event [gap4jason] by scijohnc
Jan 03, 2008 (1:26 pm)
Reply

Replying to: gap4jason (Jan 02, 2008 9:12 pm)

It was actually a little better than $8000.00 off.
 
The paperwork was all written up with
     51605.00 MSRP
- 43588.02 Selling price
= 8,016.98 off of the MSRP
  
But after the paperwork was all complete the dealer kicked in the $1621.00 for incentives.
 
My actual cost was 41967.02 for a savings of $9,637.02 off MSRP
 
I enjoyed my New Years Eve.
#207 of 259
Lease Rates for January by slojo
Jan 08, 2008 (3:37 pm)
Reply
Does any one know the January MF and Residual for 12K/26mo on the GX470?

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