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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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#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
#238 of 259 Lease Rates Get Any Better for December 2008? by nomisny Dec 05, 2008 (8:33 am)
Currently have a 2006. The lease was up on Dec. 1. Have Navi and RES, paying 650+, with $3500 Total OP   Was looking for the same deal for a 2009, but dealers are telling me the money factor and residuals are not as good anymore, and are now quoting me almost $800 for same car, with about the same TOP.   I called Lexus and asked to extend my lease on a month to month basis. I have until Dec. 11 as a courtesy. Car Man, or anyone know if the December rates are any better?   Thanks, Replies to this message: Car_man (Dec 08, 2008 3:36 am)
#239 of 259 Re: Lease Rates Get Any Better for December 2008? [nomisny] by Car_man HOST Dec 08, 2008 (3:36 am)
Replying to: nomisny (Dec 05, 2008 8:33 am) Hi nomisny. I've heard that Lexus' baseline special buy rate lease money factor for the 2009 GX 470 is .00195, but that it has been enhanced in certain regions to .00150.   The main difference between this truck's current lease program and the program that was available when you leased your '06 model is probably the residual values. Banks have found that SUVs future values don't hold up nearly as well as they had been estimating and as a result most have revised their residuals downward. Lower residual values means higher lease payments.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#240 of 259 Looking to lease 09GX470 vs buyout of 06 by CABO Jan 14, 2009 (1:10 pm)
Didn't think this would be that hard. Buyout of 06 with tow pack,Navi back fin and chrome wheels,26400. New GX470 36 months 48778, (806.00/month payment) with 1500 down. Can't someone do better?
#241 of 259 end of lease by lilly9902 Mar 12, 2009 (2:44 pm)
The lease on my 2005 GX 470 is up on April 1. Last week I backed out of my garage, not realizing that the garage door was not all of the way up, and ripped the rear spoiler off of the tailgate!! There is no body damage but the spoiler itself as well as the 2 plastic roof rack end caps are damaged. I have gotten 2 estimates ranging from $860-1100! I'm 4000 miles under mileage and there is no other damage to the vehicle. Should I take the car by the dealer and ask them what their charge will be for repair. I was hoping to use as leverage on a new RX but would prefer to wait 6+ months. Any advice??
#242 of 259 06 Lexus GX lease up by bgardiner Mar 30, 2009 (1:12 pm)
We are month to month on our lease. Nothing new out there I like as much as my 3 yr old Lexus. Couple questions:1 Can I turn it in, have the dealership certify it, then buy it back at a lower rate than buy-out? The dealership gets it at a discount from Lexus (resid is 29.9k) so I figure I could pay about 27 and get the warranty extended.   What is the status on the new SUV from Lexus. The dealer told me there is a new body style coming out, but then says no its a new smaller SUV. Any word on this?
#243 of 259 Lease payment for '09 GX-470 by drmhf Apr 26, 2009 (6:22 pm)
I want to lease a 2009 GX-470 with nav/levinson,tow package,third row seat. 48 month lease, 12,000miles/yr, no money down. Several online buying services came out to about $800/mo. including tax. What can I expect to pay, I'm on Long Island in NY. Any dealer suggestions? Thanks Replies to this message: Car_man (Apr 28, 2009 2:12 am) drmhf (Apr 28, 2009 12:55 pm) Car_man (May 21, 2009 2:50 am) and 1 more...
#244 of 259 Re: Lease payment for '09 GX-470 [drmhf] by Car_man HOST Apr 28, 2009 (2:12 am)
Replying to: drmhf (Apr 26, 2009 6:22 pm) Hi drmhf. I would be happy to use Lexus actual lease program to work up a sample lease payment on the GX that you are interested in for you. However, in order for me to do so I need you to provide me with the MSRP and approximate selling price of the exact model that you are interested in. If you don't know what the selling price would be, the dealer invoice price would suffice. You can find this data over in the New Vehicle Pricing section of Edmunds.com.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: drmhf (Apr 28, 2009 12:55 pm) Car_man (May 21, 2009 2:50 am) drmhf (May 22, 2009 6:16 pm)
#245 of 259 Re: Lease payment for '09 GX-470 [Car_man] by drmhf Apr 28, 2009 (12:55 pm)
Replying to: Car_man (Apr 28, 2009 2:12 am) Hi Car_Man. Invoice is $46,310. This includes destination charge of $825. Tax is 8.65%. I guess there would be a bank charge and acquisition fee added in as well. I haven't spoken with any dealers yet. I really want to be educated and know what a good deal is before I do. Thanks Replies to this message: Car_man (May 21, 2009 2:50 am) drmhf (May 22, 2009 6:16 pm)

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