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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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#220 of 259
Re: 08 GX470 lease [louiesmom] by gomavs
Apr 22, 2008 (7:14 am)
Reply

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)
Reply

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??
#227 of 259
June 08 lease by aubchic
Jun 09, 2008 (3:48 pm)
Reply
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.
#228 of 259
Lease numbers - will these go down for summer? by mattiefeb
Jun 17, 2008 (10:00 am)
Reply
Hi this is the lease quote I received from a NJ dealership yesterday:
2008 GX 470
MSRP $52500
discount $4350
Sale price - $48150
36 months - 12,000 miles
total due at signing $4,500
monthly payment incl tax - $650
Does this sound too high? I still have 3 months on my current lease but they said I can take delivery in August (if summer rates go down I will be able to cancel this deal and go into new deal with better rates) . All I have to do now is choose a color and give a credit card. Should I try to get a bigger discount off of the MSRP?
Thanks! Mattie
#229 of 259
Ripped off? by reallywannamb
Jul 21, 2008 (2:32 pm)
Reply
Anyone know if this is a good deal?
Lexus of Greenwich, CT
08 GX470
36 months lease
36K allowable miles
 
822.06 first month
600.00 acquisition
249.00 Dealer Conveyance
50.94 sales tax
108.00 registration
________________
1830.00 total on signing

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