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Lease Rates in Iowa
by rhpdev
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Mar 05, 2008 (9:13 pm)
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Does anyone have any information on the special lease rates for the IS 250 AWD in Iowa? I have seen the posts for the MF of .00020 for 24mths and also at .00175, but they do not apear to be available here.
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- #554 of 796
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Just leased a new IS250 (SoCal)
by fizzboy7
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Mar 05, 2008 (10:50 pm)
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I emailed all dealers in the LA, OC, and SB Counties and it came down to Westminster for price and rare color. Thought I got a great deal and the treatment was fantastic.
Didn't want the 24 month deal as it didn't give me enough time with the car.
The rates were already in effect on Feb. 28.
Here's what I got:
IS250 RWD 6A
Premium Pack ($1290)
Xenons ($875)
18" wheels ($830)
Mat, net, and locks ($197)
Total: $35,582
Selling price $30,908
Was $681 under invoice
Total down OTD $3500 (-$750 Taste of Lexus Certificate still coming)
OTD monthly payment $320
10k miles/year
36 months.
Love the car so far!
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- #555 of 796
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Re: Initial fees [bpuleio]
by Car_man HOST
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Mar 06, 2008 (3:15 am)
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Replying to: bpuleio (Feb 24, 2008 5:05 pm)
Hi bpuleio. Lexus Financial Services' acquisition fee is $600. Any other fee that the dealer charges you on top of that is likely some sort of doc fee, which essentially is nothing more than a way for dealers to pad their profit on deals. There's nothing wrong with paying a doc fee, just make sure to look at it as part of your car's total selling price. If the price that you are paying for this car, including the doc fee, is less than or comparable to what you would have to pay for it at a different dealer it doesn't really matter how the price breaks down. However, if the doc fee makes your car's selling price higher than you would like, ask for a larger discount or shop around a little.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #556 of 796
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Re: NYC IS250 AWD Lease [robd2]
by Car_man HOST
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Mar 06, 2008 (3:18 am)
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Replying to: robd2 (Feb 27, 2008 1:14 pm)
Hi Rob. You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of the vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #557 of 796
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Re: March Money Factor [bpuleio]
by Car_man HOST
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Mar 06, 2008 (3:35 am)
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Replying to: bpuleio (Mar 01, 2008 10:36 am)
Hi bpuleio. Lexus Financial Services is still providing the extremely attractive .00020 24 month lease money factor on the 2008 IS 250 in March. In the areas that I have seen its new lease program for, its buy rate for 36 month leases of this car is now .00175 for consumers who qualify for its top credit tier.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #558 of 796
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Re: March IS250 AWD MF [robd2]
by Car_man HOST
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Mar 06, 2008 (3:42 am)
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Replying to: robd2 (Mar 02, 2008 2:15 pm)
Hi robd2. Here's the information that you're looking for. Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 IS 250 AWD with 15,000 miles per year are .00175 and 55%, respectively for consumers who qualify for its top credit tier. The residual value that you were quoted is way off. You may want to consider going with a 24 month lease on this car. In mid-February Lexus introduced a special .00020 money factor on 2 year leases of the IS 250. That's the way I would go if I was in the market for this car. I believe that LFS' Tier 1 money factors are slightly higher than its Tier 1+ factors.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #559 of 796
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Re: Deal or No Deal [thomas31]
by Car_man HOST
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Mar 06, 2008 (4:12 am)
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Replying to: thomas31 (Mar 02, 2008 4:34 pm)
Greetings Tom. Congratulations on getting your new IS 250. Thanks for taking the time to share the details of your deal with everyone. Make sure to stop by the new Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well. Enjoy your new ride .
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #560 of 796
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Re: March Money Factor [boe747lcf]
by Car_man HOST
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Mar 06, 2008 (4:13 am)
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Replying to: boe747lcf (Mar 02, 2008 11:33 pm)
Boe747lcf, the special 24 month .00020 money factor is only available on '08 IS 250 2WD and AWD models. The IS 350's 24 to 36 month money factors are .00175 for consumers who qualify for LFS' top credit tier.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #561 of 796
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Re: IS350 lease rates [boe747lcf]
by Car_man HOST
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Mar 06, 2008 (4:16 am)
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Replying to: boe747lcf (Mar 03, 2008 11:08 pm)
Hi again boe747lcf. Lexus Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2008 IS 350 with 12,000 miles per year are .00175 and 61%, respectively. I'm not sure if LFS offers leases with only 10,000 miles per year. If it does, its 10k residual values are probably 1% higher than its 12k resids.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #562 of 796
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Re: March IS250 AWD MF [Car_man]
by djdez
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Mar 06, 2008 (9:38 am)
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Replying to: Car_man (Mar 06, 2008 3:42 am)
Hi Car_man ... not in the market yet, as the lease on my Infiniti M35x isn't up until July, but I still check these discussions almost daily!
I keep seeing numerous posts about this incredible MF on the IS250AWD, and it is great at .00020 for 24 months, but what I'm NOT seeing is the RESIDUAL that goes along with it! There were probably about 10 posts about the MF, but I can't calculate a lease payment on it without a proper residual! I'm looking to possibly get one of these soon for the wife and would be looking at 24 months/12k miles. Also - is the offer even available in PA?
Thanks Car_man!
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