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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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#228 of 259 Lease numbers - will these go down for summer? by mattiefeb Jun 17, 2008 (10:00 am)
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 Replies to this message: anthonyl88 (Sep 30, 2008 7:56 pm)
#229 of 259 Ripped off? by reallywannamb Jul 21, 2008 (2:32 pm)
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
#230 of 259 Offering a Lower Price to Buy Car at Lease-end by rob222 Sep 15, 2008 (7:33 am)
My 4-year GX lease expires at the end of January. The buy-out price is $25,000. Is it possible to offer a price lower than the buy-out price? If so, how is this done? Replies to this message: Car_man (Sep 26, 2008 2:59 am) rob222 (Oct 03, 2008 11:58 am) Car_man (Oct 07, 2008 4:45 pm)
#231 of 259 Re: Offering a Lower Price to Buy Car at Lease-end [rob222] by Car_man HOST Sep 26, 2008 (2:59 am)
Replying to: rob222 (Sep 15, 2008 7:33 am) Hi rob222. It's absolutely possible to offer the bank that you are leasing though, which I assume is Lexus Financial Services, a lower price than your truck's official lease-end purchase price. Whether they will accept your offer is another matter. More often than not banks won't. Still, you don't have anything to lose by trying.   Place a call directly to LFS a month or two before the scheduled end of your lease and tell them that you are considering purchasing your truck but that you want a better price. If your initial contact there is unwilling to work with you, work your way up the ladder to a manager and see if you have any better luck. There's no guarantee that they will be willing to work with you, but it's worth a shot.   If you wouldn't mind, I'd love it if you would report back and let us know what they tell you. Thanks and good luck.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: rob222 (Oct 03, 2008 11:58 am) Car_man (Oct 07, 2008 4:45 pm)
#232 of 259 Re: June 08 lease [aubchic] by kbali Sep 27, 2008 (9:34 am)
Replying to: aubchic (Jun 09, 2008 3:48 pm) Who is paying for your shipping.
#233 of 259 Re: Lease numbers - will these go down for summer? [mattiefeb] by anthonyl88 Sep 30, 2008 (7:56 pm)
Replying to: mattiefeb (Jun 17, 2008 10:00 am) I went to Lexus of Manhattan looking at the GX470.   They wanted $2500 down payment, so after taxes, 1st month payment and bank fees etc., it came out to $5900 down. $549/36 months 10K a year.
#234 of 259 Re: Offering a Lower Price to Buy Car at Lease-end [Car_man] by rob222 Oct 03, 2008 (11:58 am)
Replying to: Car_man (Sep 26, 2008 2:59 am) I contacted Lexus Financial and they were very rigid. It is, what it is. "No point in talking with a manager, we don't deal." I think Lexus is unaffected by the general market. They will get top dollar from someone, and therefore they will not give you a deal to avoid the hassle of wholesaling the vehicle. Replies to this message: Car_man (Oct 07, 2008 4:45 pm)
#235 of 259 Re: Offering a Lower Price to Buy Car at Lease-end [rob222] by Car_man HOST Oct 07, 2008 (4:45 pm)
Replying to: rob222 (Oct 03, 2008 11:58 am) Sorry that they weren't willing to work with you, rob222. Thanks for stopping back and letting us know what LFS said.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#236 of 259 October Lease Deal by rob222 Oct 14, 2008 (1:49 pm)
Forget the last three months on my 05 GX   New 08GX with Navigation/Mark Levinson for 48months/48 miles for $660/mo   Good deal? What would the money factor, residual, etc. be on this new 08 GX?   Thanks, Rob. Replies to this message: Car_man (Oct 16, 2008 5:41 pm)
#237 of 259 Re: October Lease Deal [rob222] by Car_man HOST Oct 16, 2008 (5:41 pm)
Replying to: rob222 (Oct 14, 2008 1:49 pm) Hey Rob. The best way to tell if this lease is a good deal is to look at its selling price in relation to either its MSRP or better yet, its dealer invoice price. The selling prices of lease vehicles are negotiable, just as if you were paying cash for or financing them.   Here is the information about the lease program that you requested. Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 Lexus GX 470 without the entertainment system with 15,000 miles per year are .00135 and 49%, respectively for consumers who qualify for its Tier 1+ credit tier.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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