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Lexus GX 470 Lease Questions

259 messages,  Last post on Oct 27, 2009 at 1:42 AM

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

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#219 of 259 08 GX470 lease by louiesmom Apr 19, 2008 (7:13 pm)
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! Replies to this message: gomavs (Apr 22, 2008 7:14 am) louiesmom (Apr 22, 2008 7:45 am)
#220 of 259 Re: 08 GX470 lease [louiesmom] by gomavs Apr 22, 2008 (7:14 am)
Replying to: louiesmom (Apr 19, 2008 7:13 pm) louiesmom,   Was that MF from LFS or an outside lender? Replies to this message: louiesmom (Apr 22, 2008 7:45 am)
#221 of 259 Re: 08 GX470 lease [gomavs] by louiesmom Apr 22, 2008 (7:45 am)
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)
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 Replies to this message: louiesmom (May 14, 2008 6:01 pm)
#223 of 259 Re: Need some Help [lalaw] by louiesmom May 14, 2008 (6:01 pm)
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)
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! Replies to this message: dquigley (May 29, 2008 10:32 am)
#225 of 259 Re: Memorial Day specials?? [lebrad] by dquigley May 29, 2008 (10:32 am)
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)
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??
#227 of 259 June 08 lease by aubchic Jun 09, 2008 (3:48 pm)
well, i was right about the dealer. there was plenty of room to negotiate.   i just closed on a deal in dallas at sewell lexus. the internet department was absolutely fantastic and i am excited to have my car shipped to me in a few weeks.   Here is my gx:   nav/levinson tow package preferred accessories spolier third row   msrp: 53089 invoice: 46547   dealer added: dual dvd player (2495) tint/stripes (395)   total msrp: 55979 selling price: 48695 savings: 7284   i paid 742 back of invoice.   My lease payments are 734 a month for 48/12k with 2500 drive off. Replies to this message: kbali (Sep 27, 2008 9:34 am)

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