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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

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


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#577 of 1166
IS250 Lease by gwarrenfl
Mar 26, 2008 (7:33 pm)
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Car_man
  
I'm back again for some help on the purchase of an IS250. Have been looking at it for a while and wanted certain color and features. So far it has been a problem for some strange reason, and I have heard all kinds of "STUFF" from the dealer as to the reason. (SOUTH FLORIDA AREA)
  
Looking for an AUTO Trans with RWD
Only want the WHITE (starfire pearl) and Cashmere Interior also must have a Navigation because I want to have the Bluetooth for the phone. Would like the Luxury package, but it seems that this package only exists in the brochure and not in real life,
So instead To get the Navigation also comes with Premium Package, 18" Alloy wheels, High HDD lights, Spoiler, and i-pod interface.
  
Bottom line is I cant get to the bottom of why there are very few WHITE with BEIGE INTERIOR and NAVIGATION available.
Only now has the dealer finally agreed to a fair deal, as they have stayed tough for quite awhile.
  
So has Lexus just come out with some type of dealer incentive? would seem that way to me.
 
Also please correct me if I am wrong on the 24 month lease special "Money Factor" of .00020
If I understand then it would amount to $2 a month per $10,000 of Lease amount Residual + Cap cost. So if residual is $25,000 and Cap Cost is $35,000 Then the monthly Lease rate is $12 plus the depreciation.
gwarrenfl
#578 of 1166
Re: March Money Factor [supa2001] by tomatosaenz
Mar 26, 2008 (10:38 pm)
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Replying to: supa2001 (Mar 20, 2008 9:19 pm)

I've been offered a 36 month lease with 15K miles per year on an IS350 with Luxury Package, Navigation, Mark Levinson, 18" Wheels, Rear Spoiler, and XM radio.
MSRP $46,205
Cap cost $41,743
Residual 53% (36 month, 15K)
Monthly $615+Tax
$1,000 due at signing (including first month's payment)
 
I've actually been told that Lexus has just stopped making the car with the luxury package. Is this a good deal?
#579 of 1166
Re: IS250 RWD Stick Lease [thomas31] by stan371
Mar 27, 2008 (3:02 pm)
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Replying to: thomas31 (Mar 23, 2008 7:05 am)

can you tell me where in miami? and perhaps who you dealt with there? Was this an advertised special or just walked inn and got this deal. thanks for any help you can provide. BTW how do you like the car?
#580 of 1166
IS 250 RWD w/ Nav and Premium Packages by lji1
Mar 27, 2008 (3:52 pm)
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I am looking to buy or lease an IS 250 RWD (Automatic Transmission) in Houston, TX with the following options:
 
Navigation
Premium Package
HID lamps
Accessory Package
Rear Spoiler
 
MSRP is $38,600. Invoice is around $33,600.
 
I have good credit and was wondering if the lease deals of MF = .00020 and 55% of MSRP residual value with 15k a year is available in Houston, TX.
 
Thanks!
#581 of 1166
Re: IS 250 RWD w/ Nav and Premium Packages [lji1] by thepostman
Mar 27, 2008 (5:23 pm)
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Replying to: lji1 (Mar 27, 2008 3:52 pm)

I am also looking to lease a IS 250 RWD. I also reside in Houston. I stopped by Westside Lexus and the salesman stated that the special MF ends at the end of March. He also said that to get that payment of around $350-375, It would be a car without the premium pkg. I will shop around tomorrow, probably go to Sterling Mccall, I want to get it done before the end of March.
 
I did not get a chance to see any inventory, because of property restraints, they keep new cars at a office bldg several blocks away.
 
Send me a PM if you find anything.
 
Thanks
#582 of 1166
IS 250 RWD lease by jr1976
Mar 28, 2008 (6:07 am)
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I just leased an 08 IS 250 RWD with HID package, 18" tires and rims for $460/mth 12,000 miles a year NO money out of pocket for 42 months with resdiual value $16,400 at end of lease. Payment was a bit high because I turned in an Acura TL 2007 with $3,000 negative equity
#583 of 1166
Re: IS 250 RWD w/ Nav and Premium Packages [thepostman] by spi5
Mar 28, 2008 (6:26 am)
Reply

Replying to: thepostman (Mar 27, 2008 5:23 pm)

I got a quote from dealer in San Jose.
 
2008 IS 250 RWD with Navigation Package, Premium Package, 18" Alloy Wheels, High Intensity Discharge Headlamps, Back-up Camera, Bluetooth, and the Preferred Accessory Package.
 
24m/12k
MSRP: $38,314
Price: $32,877 + $600 Acquisition Fee
0 Down
Monthly Payment: $389.25 plus tax
 
Is that a good deal?
#584 of 1166
Re: IS 250 RWD w/ Nav and Premium Packages [spi5] by wedgehead98
Mar 28, 2008 (10:54 am)
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Replying to: spi5 (Mar 28, 2008 6:26 am)

Seems like you are getting the car for $150-$200 below invoice. The MF and residual work out...so, unless you can negotiate a better deal, that seems pretty damn good. If that is their first offer, it's negotiable...if that's the result of all your negotations...then it's still a great deal.
 
Heck...I'm going to use your numbers as my starting point when I go down to Kearny Mesa Lexus here in San Diego during lunch!
#585 of 1166
Re: IS 250 RWD w/ Nav and Premium Packages [spi5] by gwarrenfl
Mar 30, 2008 (6:56 pm)
Reply

Replying to: spi5 (Mar 28, 2008 6:26 am)

Postman,
 Sounds like you are offered a fantastic deal. Don't pass it up. They already went all in and want your business. I thought I did a good job of negotiation and with the same vehicle specs in South Florida I am paying $460 plus tax. Also charged a $700 dealer fee that was rolled into the payment along with the $600 bank fee.
 
Dealer refused to acknowledge that there is a .00020 MF and they claimed that the best available at the highest beacon score tier 1 was at .00050.
Still a great MF but not .00020
gwarren
#586 of 1166
Re: IS 250 RWD w/ Nav and Premium Packages [spi5] by heyitzlp
Mar 31, 2008 (6:17 am)
Reply

Replying to: spi5 (Mar 28, 2008 6:26 am)

What dealership did you get this offer from? city state?
 
thats a really good offer
the best deal I have so far with the exact specs w/ navigation with msrp $38,314 is
 
$3500 down
$349/ month (tax included)
24m/ 12k

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