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Lexus IS 250 / IS 350 Lease Questions

1166 messages,  Last post on Dec 06, 2009 at 10:52 PM

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What is this discussion about? Lexus IS 250, Lexus IS 350, Lexus IS, Car Leasing, Sedan

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#41 of 1166 Re: money factor [digital_b] by Car_man HOST Feb 19, 2006 (5:21 am)
Replying to: digital_b (Feb 03, 2006 12:50 pm) Hi digital_b. Lexus is not currently providing any sort of lease support on the 2006 IS. As a result, if you were to lease one through Lexus Financial Services right now, you would have to use its standard lease program. The last time that I saw it, LFS' buy rate standard lease money factor for consumers who qualify for its top credit tier (Tier 1+) was .00265. I've heard that it provides a slight reduction in this factor for loyal customers, but I do not know exactly what it is.   Car_man Host Smart Shopper / Prices Paid Forums Replies to this message: digital_b (Feb 19, 2006 1:21 pm) dr85262 (Jul 16, 2006 2:47 pm) Car_man (Aug 02, 2006 1:29 am)
#42 of 1166 Re: IS350 Lease Terms -- Good Deal? [bewitz] by Car_man HOST Feb 19, 2006 (5:55 am)
Replying to: bewitz (Feb 10, 2006 1:09 pm) Hi bewitz. Sales tax on leases in Texas definitely is brutal. A base 2006 IS 350 has a surprisingly large spread of $4,250 between its MSRP and dealer invoice price. The discount that you are being given is decent, especially on a fairly new car like this, but there is still $1,500 to play with there. You may want to stop by the following discussion to see how much other community members have paid for similar cars lately: "Lexus IS 250/IS 350: Prices Paid & Buying Experience". The money factor and residual value that you were quoted for this car look good to me.   Car_man Host Smart Shopper / Prices Paid Forums
#43 of 1166 Re: Special lease promotions, 1pay [thshadow] by Car_man HOST Feb 19, 2006 (6:09 am)
Replying to: thshadow (Feb 12, 2006 5:58 pm) You're right. While one would initially think that pre-paying a lease would eliminate the need to pay interest, the bank that you are leasing through has to pay for your entire car, not just the portion that you are using during your lease. As a result, banks still charge interest on one pay leases. They do usually provide a discount in the money factor that they charge though. Specifically, Lexus Financial Services reduces vehicles' money factors by .00100 for pre-paid leases.   LFS does lease vehicles for 30 months, wit I was not aware that it is currently providing any sort of lease support on the '06 IS. According to the latest information that I have seen, if you were to lease a 2006 Lexus IS 250 AWD through LFS right now for 30 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00265 (.00165 for an advance pay lease) and 67%, respectively.   Car_man Host Smart Shopper / Prices Paid Forums
#44 of 1166 Re: money factor [Car_man] by digital_b Feb 19, 2006 (1:21 pm)
Replying to: Car_man (Feb 19, 2006 5:21 am) they gave me .00275 initially and then .00265 for being a repeat customer. they also verified that I am tier 1. what is the cutoff got 1, 1+? anyway it comes to 6 bucks a month less.
#46 of 1166 Help with IS250 AWD w/Nav lease by sgendel Feb 24, 2006 (10:51 am)
I was told by the dealer that the 250 is around $38,000 (in NJ) and he can get me into a 250 w/Nav AWD for $6500 down, 39 month lease, 15K miles for $399.   Is this a good deal? Any thoughts or suggestions?   I will be turning in an IS 300 manual, that is coming to the end of a 3 year lease with 40K miles.   Thanks for your help.
#47 of 1166 sgendel, your lease by scott31 Feb 24, 2006 (1:00 pm)
Never EVER put money down on a lease. Replies to this message: sgendel (Feb 24, 2006 7:24 pm)
#48 of 1166 Re: sgendel, your lease [scott31] by sgendel Feb 24, 2006 (7:24 pm)
Replying to: scott31 (Feb 24, 2006 1:00 pm) So how do I get a lease on this car for $399 or less, 3 year term with 15K miles per year?
#49 of 1166 IS350 Lease by gimlys4 Feb 24, 2006 (8:04 pm)
Hi, I'm considering a lease on an IS350 through a leasing agent. There is an 06 IS350 with Nav, ML, Luxury Pkg, MSRP 44,449 available locally from a dealer. The leasing agent is telling me he can get it directly from this dealership for MSRP best he can do. I am interested in the vehicle and know they're hard to get now, so it doesn't seem completely unreasonable to pay MSRP to me. However, the residual's he's giving me on the car, with a trade with negative equity is as follows: negative equity 6100, bank acq, fee 895, sales tax 2778, less cap reduction for roughly a 53,300 net cap cost--residuals and rates: 36 = 21,684 residual and .00203 rate factor, 42 = 20,433 and .00203, 48 = 18,348 and .00187. Using these numbers, he's come up with a best deal payment of $933 for a 42mo 12k lease. I'm not willing to pay this much but might consider a longer lease, however these residuals seem really low. What do you think? Thanks! Replies to this message: Car_man (Mar 16, 2006 3:01 am)

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