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Prices Paid: Buying & Leasing Experiences Lexus IS 250 / IS 350 Lease Questions
1166 messages, Last post on Dec 06, 2009 at 10:52 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: the_bull (Jan 11, 2008 10:32 am)
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Replying to: rajinr (Jan 11, 2008 12:04 pm) Car_Man....Can you assist us with the January buy/lease rate from Lexus Financial for tier 1 and tier 1 plus credit applicants? This would be for 08 IS250 AWD. Thanks! |
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I went into a So Cal Lexus dealership today and they said the current MF rate on a IS250 RWD was .00175. Which dealership said .00135?
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Replying to: acnownzu02 (Jan 11, 2008 5:32 pm) Does this sound like good deal? 08 IS250 AWD w/ $1,871 package (HID, AFS, wheel locks, trunk mat, wood trim)--NO Nav MSRP: 36,821 Sale Price: 33,150 MF .00175 Residual 57% (12,000) miles Lease term: 36 months 0 down payment and rolled taxes (6%) into monthly payment. $489/mo plus drive off fees of approx. $1000 (acquisition, title, registration) Does this sound like a deal???
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I was presented the following #s for leasing an IS 350 (with premium package, no nav) 1. MSRP = $39,875 2. Sell Price = $36,750 3. Residual Value = $22,333 4. Term = 36 months 5. Money factor = 0.00245 6. Monthly payment = $578 7. Initial payment = $705 (includes the first month's payment) Are these OK? I live in the Dallas area and wanted to know if anyone's seen better rates here. Thanks for the help.
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Replying to: the_bull (Jan 11, 2008 8:03 pm) MSRP: $35,764 (auto,premium, 18" wheels, HID, Pref acc. pkg) Sell price: $31,216 + $600 assignment fee Nothing down other than drive off which was about $700 |
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Replying to: b0123 (Jan 13, 2008 9:15 am) It's about a one percent difference but it comes out to about $25 a month difference in interest (depending on your deal figures). Take your money factor and multiply by 2400 to get the interest percentage.
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Replying to: the_bull (Jan 13, 2008 7:12 pm)
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Replying to: b0123 (Jan 13, 2008 7:57 pm) HOWEVER dealers mark it up to make more money off the deal. I haven't heard of .00135 but it seems in line at 3.24% . .00175 is 4.2% ...DO NOT let them take you higher than that!!!
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Replying to: the_bull (Jan 14, 2008 9:05 am) I hope this is a good deal.
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