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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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#1033 of 1159
June IS250 MF and Residuals by bmhaven
Jun 23, 2009 (6:03 am)
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Can anyone confirm the June Lexus Financial Services MF's and residuals for the 2009 IS250 AT? This is what I have seen on other posts...
 
36 months, 15k miles, 50% residual and .00040 MF
48 months, 15k miles, 41% residual and .00060 MF
 
Add 2% residual for all 12k mile leases. Also any thoughts on what July may bring as we approach the end of the 2009 model year? Thanks!
#1034 of 1159
Lease and cosigner by penone
Jun 29, 2009 (12:14 pm)
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I'm looking to get a Lexus IS250 and will probably go with a used 2007 model (listed at $25K) but my mother's husband has offered to co sign a lease if I wanted to get a 2009 model.
 
With my current credit history (only 3 cards showing with a total credit line of $ 1100.00 and a student loan that is from 1989 and has no lates - another $ 2700 more to go before it's all paid out) I don't think I would be able to qualify for a lease on my own - hence why I am looking to buy a used model.
 
Will having him co sign help at all? Keep in mind that he is currently financing his own car (2008 Honda CRV), is retired, has a nice nest egg from selling their house a couple of years ago and scores are in the high 700's.
 
Thanks for any input.
 
-P.
#1035 of 1159
Re: Lease and cosigner [penone] by kingpcgeek
Jun 29, 2009 (12:44 pm)
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Replying to: penone (Jun 29, 2009 12:14 pm)

That is a question better left for the dealer. I doubt anyone here will have the answer for you.
#1036 of 1159
Re: Lease and cosigner [kingpcgeek] by penone
Jun 29, 2009 (1:12 pm)
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Replying to: kingpcgeek (Jun 29, 2009 12:44 pm)

thanks for the input.
#1037 of 1159
Re: Lease and cosigner [penone] by kyfdx HOST
Jun 29, 2009 (4:49 pm)
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Replying to: penone (Jun 29, 2009 12:14 pm)

Try posting your question here:
 
Credit Scores and Vehicle Financing
 
Some of our dealer members may be able to answer your question, or at least have some insight.
 
regards,
kyfdx
Host-Prices Paid Forums
#1038 of 1159
Lease rates on IS350 Convertible? by shepali
Jun 30, 2009 (3:47 pm)
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Has anybody seen any lease rates yet?
 
I got the following, and am wondering how it compares:
2009 IS250C, with premium and Navigation
12,000 miles/year
3 years
Amount financed: $53,735 (includes TTL, and only first payment at signing)
MSRP: $51,216
Residual: $29,705 (58%)
Payment: $963.71
 
Thoughts???
#1039 of 1159
Re: Lease rates on IS350 Convertible? [shepali] by kingpcgeek
Jun 30, 2009 (4:50 pm)
Reply

Replying to: shepali (Jun 30, 2009 3:47 pm)

That almost $1000 a month for a IS250 is ludicrous. Is adding a convertible and removing 2 doors on an underpowered car really worth $450-$500 a month?
#1040 of 1159
Re: Lease rates on IS350 Convertible? [shepali] by fizzboy7
Jun 30, 2009 (10:29 pm)
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Replying to: shepali (Jun 30, 2009 3:47 pm)

That is a horrific rate. Do not throw your money away like that. Lexus is making triple $ on that car when they lease it to you and then to the next person after your lease is over. Wait until the car has been out for a year and rates will improve. Or at least wait until December when traditional Lexus incentives kick in. Owning a new model when it first appears is never a good financial decision and in this particular case, it's one of the worst cases of car rape I've heard of.
#1041 of 1159
Lexus F-Sport Coupon by Car_man HOST
Jul 02, 2009 (2:56 am)
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I know that Lexus offers official F-Sport performance parts for the IS, so I thought that I would share this new 20% discount coupon for purchases of any F-Sport accessories that recently came out here. The coupon is valued at up to $2,000 (20% of a $10,000 purchase) and valid only during the month of July. If anyone's interested, I can e-mail them a .pdf or a .jpg file containing the actual coupon.
 

 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1042 of 1159
Re: June IS250 MF and Residuals [bmhaven] by Car_man HOST
Jul 02, 2009 (3:03 am)
Reply

Replying to: bmhaven (Jun 23, 2009 6:03 am)

Hi bmhaven. According to the latest information that I have seen, through July 6th, Lexus Financial Services' buy rate lease money factor and residual value for a 36 month lease of a 2009 IS 250 2WD AT with 15,000 miles per year are .00075 and 50%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier. The numbers for an otherwise identical 48 month lease are .00095 and 41%. This lease program may vary by region. If you tell me what state you are in, I can tell you if these numbers are good in your area.
 
It is difficult to say what Lexus' July lease program will be like at this point. Please feel free to check back with me next week and I will be happy to fill you in on what I have been able to find out about the new program.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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