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Prices Paid: Buying & Leasing Experiences 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
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Replying to: redlinepb (Oct 16, 2009 7:09 am) 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 |
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Replying to: ucla56 (Oct 21, 2009 7:10 am) 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 |
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Replying to: Car_man (Oct 27, 2009 1:58 am) 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
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Replying to: djagrinio (Nov 05, 2009 10:26 am)
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Replying to: roushyboy (Nov 05, 2009 10:36 am) Is the December Sales Event often a good time to get a deal? |
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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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got a quote: 2010 IS 250 AWD with premium plus package MSRP:$37,495.. I got it down to $34,900. MF they gave me was .00225.. is that good? He said they cant do anything about money factor.. this is for 36 month lease with 10k miles.. Can I do better then that?? RV was 23.404 which is 63%.. He said if I put $4k security deposit it would be .00162 should do better then that?? |
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I need help determining if this is a good deal: Lexus IS 250 New 2009 Premium Plus package (includes nav, headlights that turn, 18" wheels, etc.) MSRP: 38,120 Sell Price: 33,000 Terms: 48mo 15k miles Down Payment: 0 down $3337 out of which 2850 are for 6 MSD which bring the MF from 0.00125 down to 0.000563 Residual: 41% Payment: 457 (Tax included) I figure that after the lease I get the 2850 back plus I can trade the vehicle in for more than its residual value. The MF for November for a 2010 with 36k was 0.0025 and a residual of 51%. Thanks |
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Replying to: djagrinio (Nov 05, 2009 10:26 am) The car that you described probably has a spread of around $4,200 between its full MSRP and its dealer invoice price. If that is indeed the case, then the price that you were quoted is probably around $1,200 over invoice. I personally wouldn't be surprised if you were able to beat this offer by comparison shopping with a few other dealers or waiting until the end of the year to buy. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Hi Car_man - I was hoping you would post the current MF and residual for a 2010 Lexus IS-C 250 (Automatic Transmission) 36 month 10,000 mile per year lease. Thanks! -Sean
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