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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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#254 of 259
GX 470 lease by etort
Jun 22, 2009 (12:16 pm)
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Hi:
 
I don't think this is a great deal by any means, but could you give me a ballpark on what may be reasonable.
 
2009 gx470
Black with gray interior
nav/levinson
3rd seat/air
tow prep, spoiler, tow hitch, mats, preferred access pkg, exhaust tip
msrp $53663 ( INCLUDING dest charge of $825)
invoice right about $47,000
purchase price $49,000
 
36 mo
12,000 miles/year
mf .00279
residual $25,221
payment $990/month
 
thanks
 
etort
#255 of 259
Re: GX 470 lease [etort] by inthistogether
Jun 22, 2009 (5:00 pm)
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Replying to: etort (Jun 22, 2009 12:16 pm)

with the gx 460 coming at the end of the year, the 470's should have an incentive on the way. i was quoted the same price on my lease. gonna wait and see if they have a similar year end sale like they did last august...then pull the trigger
#256 of 259
Re: GX 470 lease [inthistogether] by etort
Jul 16, 2009 (7:20 am)
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Replying to: inthistogether (Jun 22, 2009 5:00 pm)

Thanks for your reply
I don't have the option of waiting.
I was able to negotiate the following.
 
Same car ( nav/levinson, ac third row, a few other goodies)
invoice = 47,010 (incl dest charge)
purchase price = 47,010
doc fee = 150
36 months
12,000 mi per year
mf = .00265
 
$925/month
$925 due at signing ( first month payment)
 
Salesman said he will take a "tax credit" from the manufacturer in order to make money on the deal so he could sell at invoice.
 
Good deal or not?
#257 of 259
lease deal by etort
Jul 16, 2009 (7:23 am)
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I don't have the option of waiting for the 460s
I was able to negotiate the following.
  
09 gx470 ( nav/levinson, ac third row, a few other goodies)
invoice = 47,010 (incl dest charge)
purchase price = 47,010
doc fee = 150
36 months
12,000 mi per year
mf = .00265
  
$925/month
$925 due at signing ( first month payment)
  
Salesman said he will take a "tax credit" from the manufacturer in order to make money on the deal so he could sell at invoice.
  
Good deal or not?
 
thanks
 
Eric
#258 of 259
GX470 Lease Numbers by dolphin5
Oct 13, 2009 (4:38 pm)
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Car_man, can you post the 36 month, 15k mi/yr lease money factor and residual on a GX470. I'm in ny and am also wondering if there's any lease cash or other rebates available.
 
thank you
#259 of 259
Re: GX470 Lease Numbers [dolphin5] by Car_man HOST
Oct 27, 2009 (1:42 am)
Reply

Replying to: dolphin5 (Oct 13, 2009 4:38 pm)

Here you go, dolphin5. Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 GX 470 with 15,000 miles per year are .00255 and 48%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.
 
Unfortunately, I do not believe that Lexus is currently providing any cash incentives on this truck.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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