- #34 of 2787
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Re: Semi Quote [govols2]
by bmoney1
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Oct 25, 2005 (3:40 am)
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Replying to: govols2 (Oct 24, 2005 5:23 pm)
They are definitely jacking up the MF. I think the base rate is .00280...the residuals seem spot on though.
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- #35 of 2787
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Re: Semi Quote [bmoney1]
by jrct9454
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Oct 25, 2005 (6:36 am)
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Replying to: bmoney1 (Oct 25, 2005 3:40 am)
Yeah, if they really want to make deals, the money factor is way, way, way off. Ridiculous. Wouldn't touch it with a ten foot pole....
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- #36 of 2787
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Re: Semi Quote [govols2]
by govols2
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Oct 25, 2005 (6:56 am)
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Replying to: govols2 (Oct 24, 2005 5:23 pm)
My mistake money factor is .00320. Sorry for the typos. I would still love the feedback.
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- #37 of 2787
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Re: Semi Quote [govols2]
by sdiver68
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Oct 25, 2005 (9:47 am)
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Replying to: govols2 (Oct 24, 2005 5:23 pm)
I lease an M45 Sport, definitely a step maybe 2 up from the IS350, for $642/month for 3 yrs/12K/7% tax with $2500 down. The Acura RL (also more car) can be had for < $550/month easy. My feedback is NO WAY on those IS "deals". In fact, this whole Lexus leasing thing is starting to smell bad to me, I hope it either reverses course or changes. Let's start with the acquisition fee, what is that? Would you laugh if a bank tried to get you to pay them $600+ to take your car loan? That is exactly what the leasing company is doing. They should be forced to include the fee in the MF or equivalent APR, as mortgage companies are. Then you would see your 6% rate equivalent Money Factor is really 15% or 20% or whatever (I'm not running that calc) Let's run a sample calculation for 'fair'. Im going to use the base AWD IS 250 since that is the car I'm considering for my fiance. 3 yr/45k/7% tax. MSRP = $34,285 Invoice = $30,168 so lets negoitate $31,727+ destination charge of $590, final price of $32,317. $1500 profit to the dealer for being a middleman not including his holdback nor his anticipated revenue on the maintenance schedule nor the fact that many luxury cars are being made "certified" on return and going for way more than the residual on the used market. OK, now is it fair to pay this acquisition charge? No, but nothing we can do about it right now except maybe force the dealer to swallow some. We've already negotiated price so I'll pay that as down payment since they still think this is a "hot" car. OK, plug in 63% residual and .00235 MF to get to a payment of $454. In my case, put $1500 down to get it to $405.
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- #38 of 2787
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Desert Sage Metallic color- IS350
by kenbt
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Oct 25, 2005 (10:29 pm)
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Has anyone seen this color in person?
Is the color nice or not nice?
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- #39 of 2787
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Re: Desert Sage Metallic color- IS350 [kenbt]
by justconvinced
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Oct 26, 2005 (12:33 am)
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Replying to: kenbt (Oct 25, 2005 10:29 pm)
Saw it... can't say that I'm moved.
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- #40 of 2787
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Multiple Security Deposits - IS 250
by socalcpa
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Oct 26, 2005 (12:39 pm)
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Any idea whether this program is available for IS 250 and the impact on lease money factor?
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- #41 of 2787
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desert sage green color?
by jaramabeige
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Oct 26, 2005 (4:26 pm)
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Dear kenbt:
I have seen the Desert Sage green. In my opinion, it is neither here nor there. However, I think the Matador Red is the best color. Good luck.
Everyone else, thanks for your comments and I shall continue reading.
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- #42 of 2787
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Re: Multiple Security Deposits - IS 250 [socalcpa]
by miata007
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Oct 27, 2005 (2:11 pm)
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Replying to: socalcpa (Oct 26, 2005 12:39 pm)
Interested in a IS350 but only if it really can do 0-60 in 5.1s. I checked other reviews and there numbers are consistant at 6.0s. If that's the case why Lexus? Either a 330 or G35 fully loaded is much better deal. 330 has better luxury and G35 has better handling. Lexus really need to drop the price to $1000 over invoice soon.
007
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- #43 of 2787
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My 2006 is350 lease deal
by bigb82
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Oct 28, 2005 (6:31 am)
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I gotta 350 with 18" wheels nothing else....only money i gave up front is first month payment and tag transfer...nothing else...36 month lease...12k a year...monthly payment of 589 a month including tax...msrp 36,944 i got a 100 dollar discount. so let me know if this is a good deal i think it is....in any case people keep saying wait till december this car WILL NOT have many specials its too new and too much demand
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