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Lexus IS 250 / IS 350 Lease Questions

789 messages,  Last post on Aug 21, 2008 at 8:37 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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#679 of 789
IS250 Lease question by tony3000
Jun 06, 2008 (8:09 am)
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I have been quoted the following for an IS 250 lease, with the Premium Plus (18" wheels) package (No Nav):
 
Price = $32,695
Money Factor = .00135
 
                         Monthly pmnt
              Resid. (not incl. tax) Out of Pocket
36 mos. 54% $480 $807
42 mos. 49% $462 $787
48 mos. 45% $441 $765
 
Do these figures seem like a good deal? Which deal is best? I really appreciate the help.
#680 of 789
Re: IS250 Lease question [tony3000] by thomas31
Jun 06, 2008 (11:08 am)
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Replying to: tony3000 (Jun 06, 2008 8:09 am)

Sounds like a so so deal to me.
I leased IS250 Standard lux package at end of Jan 08.
15K Miles, 36 Mths $1500.00 down total out of pocket with
monthly payment of $400.00 which includes tax.
Through Lexus Pembroke Pines Miami Fl.
Tom
#681 of 789
Re: IS250 Lease question [thomas31] by tony3000
Jun 06, 2008 (11:40 am)
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Replying to: thomas31 (Jun 06, 2008 11:08 am)

Thanks for the feedback Tom-- believe it or not, the quote was from . . . . . . . .
LEXUS OF PEMBROKE PINES!!!!
 
I am dealing with Glenn-- who did you deal with, and how do you think I can get the deal you did?
#682 of 789
Good lease quote??? by mersh123
Jun 09, 2008 (9:11 am)
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I received a quote this weekend. Just wondering what some of you think. Thanks for the help.
  
IS 250 AWD with navigation, HID Headlamps, Premium Plus Package
  
36 months, 15,000 miles
Black/Black
MSRP: around $39,500
Down: $1,450 (only applicable fees + first month's payment)
Monthly Pmt: $450s (includes tax)
 
Any advice/feedback would be greatly appreciated.
#683 of 789
IS350 lease quote - something seems amiss... by stacy44
Jun 09, 2008 (8:39 pm)
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Dayton, OH - IS350 quote 6/8/08
$43421 MSRP
$40190 Cap
55% res
MF .00250
36 mth lease, 10K miles / yr
State tax 6.5%
$0 down, first payment due at signing
$693 / month all in
Asked if there were any fees built in and was told no. Mentioned MF seemed very high, was told I could get a slightly lower rate if I had a 750+ credit rating.
 
This does not seem like a good deal. Looking for feedback on June MF rates or any other feedback about this quote. Thanks!
#684 of 789
june mf and residual by tritan84
Jun 10, 2008 (3:24 am)
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anyone know the june MF for Tier 1 and residual for IS250 and 350?
#685 of 789
Re: Current Rates [gb350] by Car_man HOST
Jun 10, 2008 (3:42 am)
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Replying to: gb350 (Jun 04, 2008 10:43 am)

Hi gb350, According to the latest information that I have seen, Lexus Financial Services' current buy rate lease money factor for the 2008 IS 250 AWD is .00135 for consumers who qualify for its "Tier 1+" credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#686 of 789
Re: IS350 lease quote - something seems amiss... [stacy44] by Car_man HOST
Jun 10, 2008 (3:53 am)
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Replying to: stacy44 (Jun 09, 2008 8:39 pm)

Hi stacy44. The money factor that you were quoted definitely looks high to me. The last time that I saw it, Lexus Financial Services' buy rate for a 36 month lease of a 2008 IS 350 was .00185 for consumers who qualified for its "Tier 1+" credit tier.
 
As far as the selling price that you were quoted goes, I am not personally all that familiar with what the market is like for the '08 IS 350 right now, but in general the new car market is the worst that it has been in more than a decade. If you are in an area that has a decent level of competition, I personally would not be surprised if you were able to negotiate a price that's fairly close to dealer invoice. Try stopping by the "Lexus IS 250 / IS 350 Prices Paid and Buying Experience" discussion to see how much other community members have paid for similar cars lately.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#687 of 789
Re: IS350 lease quote - something seems amiss... [Car_man] by stacy44
Jun 10, 2008 (4:30 am)
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Replying to: Car_man (Jun 10, 2008 3:53 am)

Thanks very much, Car_man. I'll visit the other forum and if I pursue this deal, I'll post back what I'm able to negotiate.
#688 of 789
RE by tomcimo
Jun 10, 2008 (5:48 am)
Reply

Replying to: kingpcgeek (Apr 25, 2008 3:47 pm)

Can someone tell me the BEST DEALER in NY/NJ to get an IS350 for invoice? The NJ dealers seem only to want to knock off 2000 or so off MSRP which isnt good enough in my opinion. Thanks!

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