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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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#607 of 1166
Re: IS250 Lease [gwarrenfl] by Car_man HOST
Apr 22, 2008 (2:58 am)
Reply

Replying to: gwarrenfl (Mar 26, 2008 7:33 pm)

Hey gwarren. The the best of my knowledge, Lexus is not currently providing any cash incentives on the IS. Lexus was running a special 24 month lease on the IS 250 last month, but I do not believe that the enhanced 2 year lease is available in April.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#609 of 1166
Re: IS250 Lease [Car_man] by gwarrenfl
Apr 22, 2008 (6:41 pm)
Reply

Replying to: Car_man (Apr 22, 2008 2:58 am)

Car_ Man,
Thanks for the info, but I did already take the deal fro the IS250 at the end of March (My daughters car, I just helped with lease deal) Yes we did get a good deal on the 24 month but Dealer said that the absolute best M.F. was at .00040 and not .00020 so it made a difference of about $10-15 a month. Ultimately still a very good deal.
 
Anyway more importantly my Audi Lease is ending in a week and I Am looking at the same car again see my post in the AUDI A-4. I will be buying in the next couple of days
#610 of 1166
Re: Leasing a new vs. used IS250? PLEASE HELP ! [tv012081] by Car_man HOST
Apr 23, 2008 (1:21 am)
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Replying to: tv012081 (Mar 31, 2008 5:42 pm)

Welcome tv012081. Where did you read the article stating that leasing a used vehicle may be better than leasing a brand new one? I have found that given the lack of support that most manufacturers provide on used vehicle leases that they are often as expensive as, or even more expensive than similar leases on brand new vehicles. It's worth looking in to leasing a used IS, but definitely make sure to compare the payment that you are quoted on a lease of a used one to what it would cost to lease a new one.
 
The best way to negotiate a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your car's monthly payment using its buy rate lease money factor.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#611 of 1166
Re: Money Factors and Residuals for April ... [mark007] by Car_man HOST
Apr 23, 2008 (1:23 am)
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Replying to: mark007 (Apr 16, 2008 7:00 pm)

Hi mark007. The money factors that you were quoted is right on the money.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#612 of 1166
Sharing my lease deal by dijital1
Apr 23, 2008 (12:08 pm)
Reply
is250 prem,navi,etc
MSRP:$38314
Negotiated price: $33135. Not the best deal in this forum, but much better than the the ($34277), next lowest from 4 other Dealers
36 months, 15k/year
mf = .00135
$430 month + tax
 
Socal Dealer. White with Black Interior, supposely rare combo with Options
#613 of 1166
HOW MUCH by brasilbnd
Apr 23, 2008 (2:02 pm)
Reply
DOES ANYBODY KNOW WHAT I WOULD BE LOOKING AT FOR A 350 LEASE 36MONTH, TIER 1 CREDIT,
#614 of 1166
Re: Sharing my lease deal [dijital1] by krazybalr
Apr 23, 2008 (3:49 pm)
Reply

Replying to: dijital1 (Apr 23, 2008 12:08 pm)

That sounds like a great deal!!
Did you put any cash down or was your final negotiated price include no down payemnt? Also which socal dealer did you go to? I'm in socal, and id jump on this deal ASAP!!
#615 of 1166
Am I getting a good deal. by custureri
Apr 23, 2008 (4:35 pm)
Reply
I have been in and out of the Lexus dealership here in Annapolis, MD twice now.
 
The current offer that stands on the table is:
IS250 w/ AWD, HID, AFB M
MSRP: $36,815
Negotiated: $33,616 OTD (including tax/tags/title)
Down Payment: $4,500
Lease terms: 39mnt/15k
APR: 4.9%
 
What should I expect my monthly payment to be?
 
Ryan
#616 of 1166
Re: Am I getting a good deal. [custureri] by colotj
Apr 24, 2008 (1:02 pm)
Reply

Replying to: custureri (Apr 23, 2008 4:35 pm)

Find the lease / buy calculator here on Edmunds.com and plug your numbers in. If this is a lease offer you can find the money factor by dividing 4.9% by 2400 which equals .00204. Which does not seem all that great. Not sure what Lexus is offering right now for a money factor. Down payment seems a bit excessive but I don't know what is included in that amount.
 
Shop that number around a couple of other dealers and I bet you can do better. You pretty much need to "walk" out a couple times and have them chase you down. You might even make it home or the next day before you get a call back. It's a buyers market right know so your are in the drivers. Just keep saying It's too much. Don't let them make it cheaper by extending the time frame or increasing the down. If they wear you down, leave and go back another time. Do Not sign anything just to get it over with. I doubt they will employ any of these tactics as it is a Lexus dealer and they tend to not "hard sale" their customers. It is a tight maket though and they must sell cars.

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