Sign In Join 

Lexus IS 250 / IS 350 Prices Paid and Buying Experience

2858 messages,  Last post on Mar 16, 2010 at 7:56 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Lexus IS 250, Lexus IS 350, Lexus IS, Car Buying, Sedan


Messages Page 2 of 287
1
2
3
4
5
6
7
...
287
Prev
Next
Last
Go To Msg #
Search This Discussion

#3 of 2858
Lease question by zman9
Oct 17, 2005 (8:46 pm)
Reply
Hi guys
 
Can someone please confirm whether the following deal offered by my dealer is good.
 
IS 250 with Premium Package and Navigation = 38101 MSRP
Trade-in 6200
 
36 mos, 12K, residual = 23, 600
470 monthly payment.
 
36 mos 15K monthly payment = 490. Don't know the residual on this one.
 
Thanks
#4 of 2858
Re: Lease question [zman9] by digital_b
Oct 17, 2005 (11:55 pm)
Reply

Replying to: zman9 (Oct 17, 2005 7:46 pm)

trade in of what?
#5 of 2858
Re: Lease question [zman9] by kirstie_h HOST
Oct 18, 2005 (6:23 am)
Reply

Replying to: zman9 (Oct 17, 2005 7:46 pm)

OK, I initially thought the payment was high, but after using the Edmunds Lease Calculator, it seems about in line with what you'd expect. If we knew the money factor and the tax rate in your area, that would help a bit.
 
kirstie_h
Roving Host
Host, Future Vehicles & Smart Shopper discussions
#6 of 2858
Re: Lease question [digital_b] by zman9
Oct 18, 2005 (6:25 am)
Reply

Replying to: digital_b (Oct 17, 2005 10:55 pm)

2001 Nissan Altima GXE
#7 of 2858
Re: Lease question [kirstie_h] by zman9
Oct 18, 2005 (6:29 am)
Reply

Replying to: kirstie_h (Oct 18, 2005 5:23 am)

Hi kirstie_h
 
We need to add 1914.06 as 6% sales tax (PA) + transfer and reg fees at about 130 viz 33945.
 
The lease I think should be calculated on this amount. Still I do not know much about leases to determine whether that was a good or atleast a fair deal or not.
 
I would appreciate any help here.
 
Thanks
#8 of 2858
Re: Lease question [kirstie_h] by zman9
Oct 18, 2005 (6:32 am)
Reply

Replying to: kirstie_h (Oct 18, 2005 5:23 am)

I should've asked him about the money factor too. But I forgot to add the acquisition fee about 600 and security deposit of 500 to the amount mentioned in my previous reply.
#9 of 2858
Re: Lease question [zman9] by kirstie_h HOST
Oct 18, 2005 (6:53 am)
Reply

Replying to: zman9 (Oct 18, 2005 5:32 am)

Even when I put all of that info into the calculator using the "stock" money factor of .0027, I still come up with a number closer to $455, and $470 for the 35/15K lease. However, the money factor is really important to you here, and that's what's probably changing the payment.
#10 of 2858
Re: Lease question [kirstie_h] by zman9
Oct 18, 2005 (6:56 am)
Reply

Replying to: kirstie_h (Oct 18, 2005 5:53 am)

I see. I will go over the details with them on thursday. I remember them telling me that the APR used was something like 6.54%.
#11 of 2858
Re: Lease question [zman9] by kyfdx HOST
Oct 18, 2005 (7:32 am)
Reply

Replying to: zman9 (Oct 18, 2005 5:56 am)

I'd check on that tax rate... I seem to remember PA putting an extra 3% tax on lease payments...
 
regards,
kyfdx
Host-Prices Paid Forums
#12 of 2858
Re: Lease question [kyfdx] by zman9
Oct 18, 2005 (7:43 am)
Reply

Replying to: kyfdx (Oct 18, 2005 6:32 am)

Not if you have a trade-in.

Messages Page 2 of 287
1
2
3
4
5
6
7
...
287
Prev
Next
Last
Go To Msg #
Search This Discussion
To POST a message, please Sign In.

New? Join Now!

Forum Tools

Please sign in.
Email Address:

Password:

Forgot Password?
Connect with Facebook Sign In Using Your Facebook AccountNew!

Search Forums

Enter Keyword(s)

Advanced Search

Browse by Vehicle



View All Vehicles
Advertisement
Ask the Community
See What People Are Asking

Browse by Board

Browse by Topic


View All Topics

Today's Chats

Advertisement