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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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#1053 of 1165
Re: Offer on IS 250 AWD [nuclear360] by greeneyespsu
Jul 10, 2009 (11:31 am)
Reply

Replying to: nuclear360 (Jul 08, 2009 3:55 pm)

With the 2010 IS's about to hit market (hey, the ISC's ARE already 2010's) and the current economy, I wouldn't take anything less than invoice. I got my IS back in March for siginficantly under invoice, you should definitely be able to do the same now.
#1054 of 1165
Re: Lease and cosigner [penone] by tyler70
Jul 10, 2009 (10:44 pm)
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Replying to: penone (Jun 29, 2009 12:14 pm)

sorry I dont have any inputs about finance; however, i just want to tell you that lexus is giving very good discounts off 2009 IS 250 as they want to make room for the convertible. you can expect to get up to a couple thousands off the INVOICE, so if 2007 is $25k, I would consider getting the 2009.
good luck.
#1055 of 1165
Re: Offer on IS 250 AWD [greeneyespsu] by tyler70
Jul 10, 2009 (10:47 pm)
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Replying to: greeneyespsu (Jul 10, 2009 11:31 am)

can I ask how much under invoice did you pay for your IS 250? what state are you in ? does anyone know when the IS 250 change their design ?? how do you like your IS so far ? did you get 350 or 250 ? thanks
#1056 of 1165
Re: Offer on IS 250 AWD [nuclear360] by tyler70
Jul 10, 2009 (11:01 pm)
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Replying to: nuclear360 (Jul 08, 2009 9:39 am)

I dont know anything about leasing, but I know if they offer invoice as selling price for an IS 250 now is high. you can expect to get a least 1000 off the invoice very easily now.
#1057 of 1165
IS 250 Lease Quote by jlee8071
Jul 13, 2009 (9:44 pm)
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Hello, I got a quote for IS 250 with premium pkg (MSRP:34120)
 
3 yr/30K miles
 
monthly payment: $365
Sign and Drive: $900
 
Is this a decent deal? Can I do better?
 
thanks,
josh
#1058 of 1165
Re: IS 250 Lease Quote [jlee8071] by fizzboy7
Jul 13, 2009 (9:53 pm)
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Replying to: jlee8071 (Jul 13, 2009 9:44 pm)

That sounds pretty good, considering the local offer here in L.A. is 349/month with 3499 down at 10k miles/year. I did 3500 down at 320/mo with 12k miles/year for three years. My car was a grand more expensive though and this was Feb '08. If you are unsure, email several dealers in your area to see what how low they might go. Pitting dealers against each other is a beautiful bargain tool.
#1059 of 1165
Re: IS 250 Lease Quote [jlee8071] by jason38
Jul 14, 2009 (2:38 pm)
Reply

Replying to: jlee8071 (Jul 13, 2009 9:44 pm)

What state are you in ? That sounds like a great deal compared to current offer (in Bay Area, California) for $3499 down and $329/month, 3 yr lease, and 10, 000 miles.
#1060 of 1165
Re: IS 250 Lease Quote [jlee8071] by greeneyespsu
Jul 14, 2009 (10:09 pm)
Reply

Replying to: jlee8071 (Jul 13, 2009 9:44 pm)

It'd be more helpful to us if you gave us the selling price of the car, not the payments. We don't know what state you're in for taxes and if that includes taxes, what your residual and MF are, etc.. so instead of payments, please tell us what the selling price of the car is (before TTL).
#1061 of 1165
Re: Offer on IS 250 AWD [tyler70] by greeneyespsu
Jul 14, 2009 (10:12 pm)
Reply

Replying to: tyler70 (Jul 10, 2009 10:47 pm)

I don't know exactly how much under invoice it was because Lexus invoice is slightly higher than what Edmunds says it is. The MSRP was $37,656 (IS 250 with premium, navigation, 18") and I got it for $32,448. Invoice was over $33k, but I don't know how much. I'm in CA. The IS will likely change in the 2012 model based on the 6 year pattern, but maybe someone else has a different opinion now that the ISC is out? I love my car. I got the 250 because I have no use for the 350. Less gas mileage, more money (both on gas and higher payments).. plus with traffic in CA, what good will that extra power do me if I have no room to run the car?
#1062 of 1165
Re: IS 250 Lease Quote [fizzboy7] by greeneyespsu
Jul 14, 2009 (10:21 pm)
Reply

Replying to: fizzboy7 (Jul 13, 2009 9:53 pm)

Is that the deal you got on a base car (I assume so since you compared it do the $329 offer which is a base car)? And is $320 after taxes? I really hope that isn't on a base car, cause if it is your dealer got you big time. $320 x 35 = $11200 + $3500 = $14700 total for your lease (did that include title, reg, and fees?). I got a IS 250 with premium, navi, and 18's (MSRP $37,656) for a little over $411 per month (that's when CA tax was 8.25% in March, but if you live anywhere else your tax is way less anyway). $411 x 35 = $14385 + $795.83 (first mo plus title, reg, fees) = $15180.83.. so I'm paying less than $500 more (possibly less than that or even less than you total if yours didn't include tax or fees) for a car worth thousands more.

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