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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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#480 of 1165
Re: IS 350 lease [b0123] by the_bull
Jan 14, 2008 (9:05 am)
Reply

Replying to: b0123 (Jan 13, 2008 7:57 pm)

Call around to different lexus dealerships. Ask to speak to finance or sales manager and tell them to quote you the buy/lease rate from Lexus financial. I called 3 different dealerships and got .00175 . It doesn't matter what market or part of the country you are in...The tier one plus rate is what it is.
 
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!!!
#481 of 1165
Re: IS 350 lease [the_bull] by b0123
Jan 14, 2008 (1:43 pm)
Reply

Replying to: the_bull (Jan 14, 2008 9:05 am)

Thank you very much! I will ask around. BTW - I am being quoted a sell price of $35,730 for the '08 IS 350 (with the premium package - NO NAV). MSRP - $39,875.
 
I hope this is a good deal.
#482 of 1165
Re: Special lease promotions, 1pay [thshadow] by lexuskid80
Jan 15, 2008 (1:14 am)
Reply

Replying to: thshadow (Feb 12, 2006 5:58 pm)

Hey everyone I have been reading forums for the past few months some pretty information being posted on the forums. I leased my 1st car 2008 Lexus IS250 Awd last week Jan. 8th. I shopped around a bit for the car at first I was gonna get it without the Navigation package but I said what the heck if Im going to lease something like this might as well get the Navi because it came with bluetooth and rearview camera. This is the deal I got I went to Lexus of EngleWood NJ the sales guy was really awesome to deal with and down to earth. The reason I put that much money down is I didnt want my payments to be more then 400 a month and He orginally was at 460 when he presented me the offer.
 
2008 Lexus IS250 Awd
Navigation
Premium Package
HID Headlights
MSRP is like 39k+ I forget the exact number and Sale price was like 35k something.
12k Miles a year
I put down 3500 dollars 2k and then the 1500 for 1st months payment and fees.
I ended up paying 400.00 a month including Taxes in that payment.
Buyout at end of lease team is 22,800+ Tax
 
This is my 1st lease and I wanted to get your guys opinon on this deal. Iam happy with it because It has pretty much everything in it and it is a really sweet car. Let me know what you guys think on this one.
#483 of 1165
Re: Special lease promotions, 1pay [lexuskid80] by the_bull
Jan 15, 2008 (6:48 pm)
Reply

Replying to: lexuskid80 (Jan 15, 2008 1:14 am)

Lexuskid, i was in the same boat as you....I went in thinking no navigation but after driving both cars...I decided it was worth the extra 2K for the Nav and bluetooth feature....plus it looks absolutely great in the car. The Nav system is the same one in all lexuses and it's great!
 
Here is deal I got:
 
08 IS250 AWD - (Navigation, HID headlights, premium package)
MSRP: 39,435
Sale Price: 35,000
Term: 36 months, 12,000 miles
Residual: 57%
Money Factor: .00175
6% sales tax
NO MONEY down.
 
My drive off fees were $1400 (Acquisition, Title, Tags, 1st months payment)
 
I rolled the taxes ($2,100) into the monthly payment.
 
Montly payment is $512
#484 of 1165
Re: IS 350 lease [b0123] by soylentgreen
Jan 21, 2008 (10:37 am)
Reply

Replying to: b0123 (Jan 14, 2008 1:43 pm)

Can you give me the Dallas dealer that gave you this quote? Did you go through the internet department? Thanks.
#485 of 1165
IS350 Lease Questions by coby03
Jan 25, 2008 (4:01 pm)
Reply
Dealer just offered this on an IS350 with premium package:
 
MSRP $39654
Cap Cost $36760
Term 3 year/ 12K per year
MF 0.0024
Residual 55%
Monthly Payment (excl tax) $555
 
I'm in Ohio. Looks high to me based on what I've seen on the board so far. Marking up the MF? Comments?
#486 of 1165
IS 250 Lease by ahoward2
Jan 27, 2008 (10:49 am)
Reply
Hello all, I'm wondering if I can get some advice...
 
I currently lease an '06 BMW 325ci...I have about 5 months left in my lease and I'm about to hit my allotted miles. What I'm trying to do is avoid returning the car and having to pay all types of overage fees and disposal fees because I dont think I can afford to get a new BMW at the end of my lease. (hence none of those will be waved)
 
I went over to check out the Lexus IS250 (no nav) yesterday and I'm wondering if I got a good deal (I didn't get anything yet).
 
Here is the first deal he offered me...
490/mo, 5K total drive off (im not sure what that included but i didn't care because that was not happening). 12K/36 mos.
 
I finally ended up leaving with the following deal on the table.
 
$450/mo, 0 drive off, 12k, 36 mo.
 
Plus they are going to cut me a check to pay off the remaining balance on my lease which is about 2k. I thought that was a pretty good deal. One of my big reservations is that the servicing is not included with Lexus and I have friends that pay hundreds of dollars for their scheduled maintenance. The dealer said he would somehow compensate for that by discounting the car...
 
here are the numbers they came up with....
sale price of the car was 33,558
mf: .00175
 
not sure what the residual was...i believe about 61% or so
 
My reservations are that im not THAT crazy about the drive.. the only car they had on the lot that was no nav was silver which i didnt want. (the sales person told me if I got that deal it had to be on that exact car)
 
However, its a very nice car and the payments are in my price range...i feel like i would get really screwed returning my car to BMW in 6 months if i didnt take this deal. (with the mileage and the front bumper is loose and the fog light is busted from running over a muffler on the freeway)
 
What do you think??
 
Thanks to anyone with any advice to lend...
#487 of 1165
Re: IS 250 Lease [ahoward2] by kyfdx HOST
Jan 27, 2008 (7:28 pm)
Reply

Replying to: ahoward2 (Jan 27, 2008 10:49 am)

A couple of things..
 
It doesn't sound like they are taking your car in trade.. If they are cutting you a check to payoff the rest of your lease, then you still have to turn your car back into BMWFS... and will still have to pay for the bumper and fog light..
 
Also, it doesn't sound like you really like the car.. If you are trying to save money, you can lease an Acura TSX for well under $400/mo..
 
Good luck!
#488 of 1165
Re: IS 250 Lease [kyfdx] by ahoward2
Jan 27, 2008 (9:26 pm)
Reply

Replying to: kyfdx (Jan 27, 2008 7:28 pm)

Yea...i looked at both of those and i liked the IS more than the TSX...the only other thing i liked more than that IS was the 328 coupe with was out of my price range...Yea I realized that today (that they weren't taking in the vehicle in as a trade) so I'm wondering if you think they would consider doing that.
 
Given the deal I outlined above, do you think that is a pretty reasonable deal to go through with??
 
Thanks..
#489 of 1165
My First Lease ? by bubbatree
Jan 27, 2008 (10:09 pm)
Reply
Seattle area dealer is quoting loaded IS250 MSRP 34085 plus 6170 in options, 36 months 30000 miles; 8.9% tax, 7000 down, residual of 24201. Have never leased before. What do you say? Deal or No Deal?

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