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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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#217 of 259
Lexus Gx470 lease deal by topgun26
Apr 10, 2008 (7:36 am)
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Here is a deal I recieved on a 08 GX470 with nav, dvd, and sat radio
       $743 per month, taxes in payments and no money down, just security bank fee, dmv and 1st month. its for 36 months and 12k miles. Any opinions of this deal? Thanx!
#219 of 259
08 GX470 lease by louiesmom
Apr 19, 2008 (7:13 pm)
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I am going tomorrow to finalize a lease that I have been 'working on' all week.
Here are the numbers:
08 GX470
MSRP: $52589
Neg Price:$45419
 
12k/year 48 months
Nav, Mark L audio (bluetooth, back up camera etc), towpkg, 3rd seat, mats, spoiler, pref accessory pkg.
 Blizzard Pearl w/ Grey interior
 
MF:0.00160
Residual: 46%
FICO score is 800
 
Due signing:
$599.99 (1st months pymt)
$12.50 tire disposal
$700 (cap cost red)
$60.30 (sales tax on cap cost)
$795 (Acquisition fee)
$10 Inspection fee
$45.00 (dealer fee??)
 
total sign= $2222.87
 
(taxes are rolled into lease) payments are $599.99/month
 
i really love this truck and I have been negotiating for some time with various dealers. this is the best price I have been able to get.
this forum has helped me SO much. thank you all for your numbers and comments. i wish i had known about this site when i negotiated my last 2 leases!
#220 of 259
Re: 08 GX470 lease [louiesmom] by gomavs
Apr 22, 2008 (7:14 am)
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Replying to: louiesmom (Apr 19, 2008 7:13 pm)

louiesmom,
 
Was that MF from LFS or an outside lender?
#221 of 259
Re: 08 GX470 lease [gomavs] by louiesmom
Apr 22, 2008 (7:45 am)
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Replying to: gomavs (Apr 22, 2008 7:14 am)

No, Lexus almost never has MF's so low....This one was from Wells Fargo
#222 of 259
Need some Help by lalaw
May 13, 2008 (5:37 pm)
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Looking to Lease a 2008 GX 470. Went to one dealer with disappointing results. Looking for a well loaded model with Nav/Audio pack, 3rd row seat, rear spoiler, head rest DVD, XM radio. Got a MSRP of $53K. Dealer discounted $1,500 and included dual DVD headrest at no cost, basically a $3,500 discount. On a 36 month/15,000 mile lease, monthly payments are close to $1,000 per month. It appears that the money factor was 2.95. Residual at 52%. Credit score is not a problem, currently at 796.
 
This does not seem right looking at the other postings. I have a current lease on a Volvo that runs out at the end of September. Should I wait till July, August or September or is this dealer full of it.
 
HELP, PLEASE
#223 of 259
Re: Need some Help [lalaw] by louiesmom
May 14, 2008 (6:01 pm)
Reply

Replying to: lalaw (May 13, 2008 5:37 pm)

That price does seem kind of high. Was that money factor from Lexus financial? What made the difference for my deal was getting a lower money factor from a different bank. I only picked up the truck last week so, you should be able to negotiate a better money factor. Is this price of $1000/month with 0 due at signing? That does seem very high.
My Volvo lease was up in July and I just turned it in because I was over on my miles. Are you over on mileage? If not, you may want to wait until July or August. I am sure you will be able to get a great deal if gas keeps going at this rate.
Good Luck. It's a great truck!
#224 of 259
Memorial Day specials?? by lebrad
May 26, 2008 (6:59 am)
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Has anyone seen any "unbeatable" Memorial Day lease specials on a GX470? I live in NJ and am a current Lexus lessee.
 
Any guidance would be most welcome.
 
Thanks!
#225 of 259
Re: Memorial Day specials?? [lebrad] by dquigley
May 29, 2008 (10:32 am)
Reply

Replying to: lebrad (May 26, 2008 6:59 am)

I also live in New Jersey, Mercer County to be specific, have you had any luck. I want to lease a 470 within the next 3 to 4 weeks.
 
Thank you
#226 of 259
Car Man- June GX residual?? by aubchic
Jun 04, 2008 (2:20 pm)
Reply
I just left the lexus dealership and thought i would check with you guys about my price and lease for the 08 gx
 
msrp was 54938 and included:
 
nav
lexus link
dealer installed dual dvd system for 2k
 
they knocked off 5k bringing the total to 49938. from what i have read invoice is what people are paying for the gx's, closer to 47600 or a little over 7k from msrp.
 
my lease was 48 mo/10k residual was 44% and money factor 2500 drive off- payments were 765. are these number correct? this is through LFS. what are the 48/12 numbers? is LFS the best program for june? i think the mf is high.
 
i feel like there is more room to haggle with the dealer.
 
thoughts??

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