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Lexus IS 250 / IS 350 Lease Questions

1165 messages,  Last post on Nov 17, 2009 at 6:18 AM

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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#1039 of 1165
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 1165
Re: Lease rates on IS350 Convertible? [shepali] by fizzboy7
Jun 30, 2009 (10:29 pm)
Reply

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 1165
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
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Prices Paid: Buying & Leasing Experiences Forum
#1042 of 1165
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
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Prices Paid: Buying & Leasing Experiences Forum
#1043 of 1165
Re: Lease rates on IS350 Convertible? [shepali] by shepali
Jul 06, 2009 (9:50 am)
Reply

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

Oops! I had a typo in the details (although the title was correct). This is for an IS350C (not a 250), and its actually a 2010 (not a 2009). Having said that....I do think that the payment is quite high.
 
Carman - do you have any insights into what the lease rates are right now in Texas?
#1044 of 1165
Re: Lease rates on IS350 Convertible? [shepali] T by kingpcgeek
Jul 06, 2009 (10:10 am)
Reply

Replying to: shepali (Jul 06, 2009 9:50 am)

I have been following the IS's lease rates for quite some time. I can tell you that the 350's lease rates have always been ridiculously high.
#1045 of 1165
Re: June IS250 MF and Residuals [Car_man] by nuclear360
Jul 08, 2009 (8:29 am)
Reply

Replying to: Car_man (Jul 02, 2009 3:03 am)

Hi Car man
 
Were you able to get the lease rates for the IS 250 AWD sedan , 36 months and 10000 miles effective July 6? Thanks.
#1046 of 1165
Offer on IS 250 AWD by nuclear360
Jul 08, 2009 (9:39 am)
Reply
I was just offered a 2009 IS 250 AWD w/ HID Headlamps and Premium Plus Package, MSRP of $37085 and invoice of $33375 in Obsidian with tan seats for $419/month, 36 months and 10000 miles/year. Selling price of car is $33775. Taxes, 1st payment, bank fee, and motor vehicle fees up front. Any comments on the deal? Thanks
#1047 of 1165
Re: Lease rates on IS350 Convertible? [shepali]T [kingpcgeek] by wculbert1
Jul 08, 2009 (10:09 am)
Reply

Replying to: kingpcgeek (Jul 06, 2009 10:10 am)

I actually got a decent rate on my '06 350. The original residual then was 57% on a 12K lease, so I paid $599/month for a $44.8K car, nothing down. Today, even in this economy, the best I can find on a similarly equipped car is $699/month. I extended my lease on a month to month basis to see what the '10 residuals will be, but I suspect I'll end up switching to a G37 or a TSX 6 Cyl.
#1048 of 1165
Re: Offer on IS 250 AWD [nuclear360] by megapurple
Jul 08, 2009 (3:27 pm)
Reply

Replying to: nuclear360 (Jul 08, 2009 9:39 am)

400 over invoice: sweet deal. I'd pull the trigger on that one.
 
What's the residual & money factor on that lease? Did you put any money down towards capital reduction? or get any incentive cash from Lexus?
 
and what state/locality? I'm in the market for a IS250 and the more price info the better when haggling with the stealerships.

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