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Lexus IS 250 / IS 350 Lease Questions

1159 messages,  Last post on Nov 05, 2009 at 10:12 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 Leasing, Sedan


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#1150 of 1159
hi guys here are some more details they gave me and another offer by afshan
Oct 20, 2009 (6:30 pm)
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here are more details on the lease
 
the final price is 33,754, the residual is 56% and Mf is .00075 10k miles
 
and they don't want to budge on the down payment and the miles
 
i was just offered another lease 1000 down and 425 month with 10k miles, but i dont have any details for that lease either bare with me im sorry ill get more details
 
thanks for all the help
#1152 of 1159
Lease help by ucla56
Oct 21, 2009 (7:10 am)
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Can someone please help me with the residual and money factors. What are they forboth a 2009 and a 2010 is250 rwd?
I'm looking at both of the those with and without navigation (does navigation change the factors?)
Also, is there any reason to think that leases on the is250 would be better during the Lexus Christmas sale
 
Thanks for everyone!!!
#1153 of 1159
Re: new to leasing and this was my quote [afshan] by benzserviceguy
Oct 21, 2009 (6:51 pm)
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Replying to: afshan (Oct 20, 2009 8:52 am)

What is MSRP of the car?
 
The sales price is what??
 
36 months? with 10/K yr correct??
 
Is your credit over 720?? (this will get you the MF of .00075)
 
When you ask for NO money down, you are still paying a few $$ at inception. Usually: first payment, tags & registration, taxes and a few other assorted items (sdepends on your state & county)
 
Post more details and we can help
#1154 of 1159
Re: Cap Reduction??? [redlinepb] by Car_man HOST
Oct 27, 2009 (1:54 am)
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Replying to: redlinepb (Oct 16, 2009 7:09 am)

Hi redlinepb. The car that you described probably has a spread of around $4,300 between its full MSRP and its dealer invoice price and no additional cash incentives available on it. The selling price that you were quoted appears to be at least $900 under dealer invoice. That is an excellent deal.
 
Just make sure that the dealer that you're working with uses Lexus Financial Services' current buy rate lease money factor of .00120 (for consumers who qualify for its top credit tier) to calculate your payment and you're in business.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1155 of 1159
Re: Lease help [ucla56] by Car_man HOST
Oct 27, 2009 (1:58 am)
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Replying to: ucla56 (Oct 21, 2009 7:10 am)

I'd be happy to help you out, ucla56. Lexus Financial Services' October buy rate lease money factor and residual value for a 36 month lease of a 2009 IS 250 RWD with 15,000 miles per year are .00075 and 53%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.
 
The numbers for an otherwise identical lease of a 2010 model are .00220 and 60%.
 
The addition of Navigation does not have any impact upon this car's lease program.
 
While it is always difficult to predict what manufacturers will do with their future incentive programs, Lexus always runs its "December to Remember" sales event starting in late November through the end of the year. I suspect that its money factors for the IS will be better then than they are now, but again there's no way to know for certain at this point.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1156 of 1159
Re: Lease help [Car_man] by djagrinio
Nov 05, 2009 (10:26 am)
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Replying to: Car_man (Oct 27, 2009 1:58 am)

Hey Car_man,
 
Wonder if you could help me out here with a quote I received yesterday. Interested in the 2010 IS250 AWD premium with NAV package. Dealer's quote was:
 
MSRP: $41,120
Selling Price: $38,160
12,000 miles a year
Taxes and all fees paid up front: approximately $2,000
Cap cost reduction $2800 (shouldn't be doing this from what I've been reading)
Money Factor: .00210
Residual Value: 62%
 
Lease price: $409.24 per month
 
Any advice? My lease ends in early December...any expectations of better rates for the December to Remember Sales Event? Any input is appreciated
#1157 of 1159
Re: Lease help [djagrinio] by roushyboy
Nov 05, 2009 (10:36 am)
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Replying to: djagrinio (Nov 05, 2009 10:26 am)

How long is your lease term? 24/36 months? If its 24 mnths, your lease is actually close to 409+(2800/24) ~ 520/mnth.. definitely on the higher side..
#1158 of 1159
Re: Lease help [roushyboy] by djagrinio
Nov 05, 2009 (11:41 am)
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Replying to: roushyboy (Nov 05, 2009 10:36 am)

The quote was for 36 months. So I suppose that comes out to $487/month - still seems high I guess. What do you think?
 
Is the December Sales Event often a good time to get a deal?
#1159 of 1159
2010 IS250 AWD by sluurrpee
Nov 05, 2009 (10:12 pm)
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Hi Car_man,
 
Can you please provide the November MF and residual % for 36 month lease with 12k miles/year and 15k miles/year for a 2010 IS250 AWD?
 
Thanks,
Kevin

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