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Lexus IS 250 / IS 350 Lease Questions

789 messages,  Last post on Aug 21, 2008 at 8:37 AM

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

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#712 of 789 Am I getting hosed? by razorweb Jun 27, 2008 (9:26 am)
IS 250 AWD, Luxury Package (No NAV) MSRP: 36,885 Sale Price: 33,125 (Dealer says this is 263 over invoice) Residual (Dealer calls this Purchase Option): 20,655. This is exactly 56%. Money Factor .00135   Taxes (up front): $1,365 (Sales tax: 8.625%) First months payment (up front): $419 Acquisition fee and other fees (up front): $765   Total out of pocket: $2549 (includes first month, acq. fee, and taxes) Monthly payment: $419   36 mos, 12,000 miles   Am I getting hosed? In my view, the up front taxes are no more than a down payment. Replies to this message: smellsmoke (Jul 01, 2008 6:48 am)
#713 of 789 Which dealers by dkauf Jun 27, 2008 (10:25 am)
Can anyone tell me what dealers are offering these smoking deals? I am in Phoenix and it seems like nobody can get the payment under $450/mo (including 8.3% tax) without $2000+ drive off fees. And this for an IS250 RWD with nothing more than premium package; 10k mi/yr; 36 months!   It seems to me that I should lease the car from California and pay a few hundred to either fly out and get it or have it shipped.   Which dealers should I be talking to?   Thx Replies to this message: mycar17 (Jun 27, 2008 4:55 pm) smellsmoke (Jul 01, 2008 6:50 am) mycar17 (Jul 03, 2008 3:23 pm)
#714 of 789 Re: Offered the following [bunzone] by roushyboy Jun 27, 2008 (1:07 pm)
Replying to: bunzone (Jun 26, 2008 8:05 pm) It looks high for 10k. 36 months. My very first offer was $455 for 36months, 12K miles.
#715 of 789 Re: IS250/Los Angeles [mycar17] by comohombre Jun 27, 2008 (1:25 pm)
Replying to: mycar17 (Jun 25, 2008 4:37 pm) mycar17, my email is comohombrehotmail.com. Could you give me more specific info. Like cap cost, security deposit, acquistion fee, dispostion fee, money factor rate, residual value, MSRP vs. selling price. I would appreciate it because I would like to go this weekend. Thanks. Replies to this message: mycar17 (Jun 27, 2008 4:52 pm) stktrader (Jun 28, 2008 7:05 am)
#716 of 789 Re: IS250/Los Angeles [comohombre] by mycar17 Jun 27, 2008 (4:52 pm)
Replying to: comohombre (Jun 27, 2008 1:25 pm) Sure, details just sent to your email address. Good luck!
#717 of 789 Re: Which dealers [dkauf] by mycar17 Jun 27, 2008 (4:55 pm)
Replying to: dkauf (Jun 27, 2008 10:25 am) Honestly, I'd fly out to CA and get a good deal. There are about 6-10 dealerships in the LA area, so competition is pretty fierce. I will tell you though, that all of them told me that these deals were only good through 6/30/08, so not sure if you can jump on a plane this weekend. I was thinking they may not as be as pressed for quotas in July, what with the 4th of July weekend sales and all, so June seemed like the best month to me. who knows though, good deals are always out there. good luck!!
#718 of 789 Help me out please by hause7 Jun 27, 2008 (9:57 pm)
Ok, I am thinking of trading my 06 GX 470 in for an 08 IS350 and want to lease it. I wanted to ask for someone to help me figure out my monthly payment. I think i may go down to Bellevue Lexus tomorrow.   I want to Lease a 08 IS 350 with all the packages and options(Mark Levinson, Navigation, etc..) 36 months 12K miles a year $3,000 down 8.8% sales tax.   I have Tier 1 credit(excellent credit)   someone please help me out.
#719 of 789 Re: IS250/Los Angeles [comohombre] by stktrader Jun 28, 2008 (7:05 am)
Replying to: comohombre (Jun 27, 2008 1:25 pm) Could you send me those details as well. I am going to probably buy one this weekend as well. This sounds like a great deal. my email is combreshotmail.com   Thanks
#720 of 789 IS 250 NAVI Lease So. Fla. by lilmrslim Jun 28, 2008 (1:54 pm)
I'm zeroing in on a 36 mo lease/12k miles a year for an IS 250 with NAVI.   Prices seem to be hovering around $450 a month (w/o tax) and $0 out of pocket (except ~$750 for 1st mo and official fees). What do y'all think?? Replies to this message: kingpcgeek (Jun 28, 2008 5:49 pm)
#721 of 789 Re: IS 250 NAVI Lease So. Fla. [lilmrslim] by kingpcgeek Jun 28, 2008 (5:49 pm)
Replying to: lilmrslim (Jun 28, 2008 1:54 pm) If will take some time to read this forum or any leasing forum you will find that no one can tell whether a lease is a good deal without knowing the price of the car that the dealer is selling you. If you only negotiate the price of a lease payment you open yourself to getting into a bad deal.   You need::   Publicly Available Items MSRP Invoice Price Current Manufacturer Residual Current Manufacturer Lease Factor   Items particular to your deal Selling price (in these car buying times you should be around invoice on most cars) Lease factor dealer is quoting you (dealers can mark this up) Dealer doc fees Local sales tax, and whether you pay up front or every month. Out of pocket money up front.   You also need to remember that navigation has little residual value at the end of a lease, so you wind up paying for most of the navigation during the lease term.

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