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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
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Looking for some assistance here. I just received a quote on an '08 IS 250 AWD w/Nav. I'm looking at a 36 mo. w/15k year. 1st dealer indicated my residual is going to be 55% because of the 15k miles. Can anyone confirm this is correct? I can't seem to find the Lexus buy rates for February. Here are the numbers: 39k MSRP 36,200 Cap Cost .00175 55% $548/mo w/taxes Fees (out of pocket): $548 1st mo $105 docs $300 registration $600 bank fee Total: $1030 I don't think the Cap cost is a bad deal (about $3100 disc) but, the 55% is bothering me. I'm in the NY/NJ area. Thanks. Amy
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Dealer #2 just indicated that they are having a Presidents Day lease sale on the IS 250. She said a 2yr/15k lease would have a residual of 61% and a money factor of .00050 (1.2%). IS250 AWD w/NAV 39,335 35,830 61% .0002 (1.2%) $512/mo - includes tax $1030 in fees and $1k down ($2030 out the door) Thoughts?
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Pretty much have a done deal except for drove off fees! Dealer wants..... $ 349 doc fee 578 dmv fee 600 Lexus acquisition 50 acquisition tax 468 1st mo. pymt. 2,045 TOTAL No cap reduction. Are these fees high? Thanks. |
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Replying to: asr515 (Feb 13, 2008 11:16 am)
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Replying to: christina271 (Feb 13, 2008 12:54 pm)
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Replying to: asr515 (Feb 14, 2008 7:23 am)
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Replying to: bceagles88 (Feb 14, 2008 7:38 am)
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Replying to: asr515 (Feb 16, 2008 4:13 pm) |
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Just got back from Prestige Lexus in Ramsey, NJ. My fiance just inked a deal on a IS250AWD - no nav or options. Sticker was 35,096. Its a 36month 10K/yr lease at $450/mo with $3500 down. The tricky part here is that her current lease on her Maxima isnt up for 7 months. So Lexus agreed to pay the $392/mo for the next 7 months. So essentially my down payment at Lexus is the difference, or around $700. I am not that great with the lease calculations and considering that we are ending the other lease early -- is this a decent deal?? The invoice says the cap cost reduction was 2034. I believe the residual was 58%. I dont know what the MF was but I know she was Tier 1 as her credit came back over 730. Can anyone PLEASE help me out a little, I can still back out of this thing if it doesnt make sense.
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Replying to: johnnj1 (Feb 18, 2008 8:20 pm)
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