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Lexus IS 250 / IS 350 Lease Questions

1165 messages,  Last post on Nov 17, 2009 at 6:18 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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#792 of 1165
Re: Leased IS250 [totowa] by roushyboy
Sep 01, 2008 (4:20 pm)
Reply

Replying to: totowa (Aug 27, 2008 8:01 am)

MSRP: 40105 (NAV, Premium Plus, HID, Spoiler, Net)
MF: 0.0006
Initial Payment: ~1400
Monthly: $420 for 26 months, 12k miles
#793 of 1165
good deal in CA by gnarlydude
Sep 01, 2008 (7:11 pm)
Reply
When I was shopping around for my 08 Is 250 w' premium package I wanted to lease, i got some decent deals but the best was from this salesman in the OC. I actually ended up just buying my car cause I felt I wanted to keep it for longer and even then I got it for not much more than dealer invoice from the same guy. Thousands below MSRP even after all the taxes and stuff. I even live literally down the street from Longo Toyota and walked out of there, TWICE cause they were trying to rip me off.
#794 of 1165
New IS 250 Lease by frank83
Sep 03, 2008 (10:58 pm)
Reply
I picked up my IS250 on Sat. Aug 30 in SoCal.
MSRP 39,178
Cap Cost 33,781
mmf 0.00055
36 months, 12k/yr
drive off $1000.00 total
residual 21156
payment $422.00 including tax
IS 250 includes NAVI, HID lighting system, Prem pack, X Package,
net,mat,locks, and rear bumper applique
Smokey Granite/with gray interior
#795 of 1165
by emadrigal
Sep 04, 2008 (5:59 am)
Reply
good pick.
 
I had picked up my is250 smokey granite on June 28th
Premium Package
HID
sport package
heating and cooling seats
NAVI
Light grey leather interior
 
$1200 down
15k miles 36/months lease
$480/month including tax
I was not tier 1 credit , but if I was the lease payment would have been in the low $400's
#796 of 1165
Re: [emadrigal] by roushyboy
Sep 04, 2008 (8:18 am)
Reply

Replying to: emadrigal (Sep 04, 2008 5:59 am)

Good deal. Too bad they don't offer IS 250 RWDs in north east region
#797 of 1165
What can I do? by masn
Sep 05, 2008 (11:32 am)
Reply
I have a 39 months lease of an IS250 ending on 02/09 for a total of 39k miles costing 25 cents the extra mile, right now I'm around 44k miles. What it's the best move I can do? People told me to go to the dealer and try to renegotiate and take another lease others to buy the car??
 
The purchase payoff estimator by Lexus Financial is $21,276.33
 
Thank you for any advise...
 
#798 of 1165
Re: New IS 250 Lease [frank83] by kcsm
Sep 05, 2008 (1:05 pm)
Reply

Replying to: frank83 (Sep 03, 2008 10:58 pm)

Please share the dealer for your deal. Thanks.
#799 of 1165
Re: What can I do? [masn] by kingpcgeek
Sep 05, 2008 (3:09 pm)
Reply

Replying to: masn (Sep 05, 2008 11:32 am)

Leases seem to really confuse people when if comes to getting out of them early. Its just like any other car you finance that you want to trade in. There is the amount that you owe the finance company, $21k+, in your case, and the trade in value of your car. You didn't give any details about options on your car, but the trade in value of your car is around $17,000 - $18,000. The difference between the 21k and 17k is what you would have to roll into a new lease or pay outright before getting a new car.
 
One caveat on your lease payoff. Depending on what state you are in, there might be two payoffs. The first would be a consumer payoff if you bought the car, which would include sales tax. The other payoff would be a dealer payoff that has no sales tax. If your monthly payment includes sales tax then there are two payoffs, and hopefully you received the consumer payoff.
#800 of 1165
2008 Lexus IS 250 AWD Lease Info by tyler143
Sep 06, 2008 (4:10 pm)
Reply
Can someone please post the money factor and residual % for the month of September based on the IS 250 AWD base model with 15,000 miles and for 24 and 36 month lease term.
#801 of 1165
2008 IS 350 Lease questions by vipercarl
Sep 08, 2008 (9:06 am)
Reply
Dealer is quoting money factor equivalent to 3.25%, 48% residual, for 39 month lease. MSRP is roughly $42000. Should be eligible for highest credit rating deal.
Thought the payment for this was really ugly. What are your thoughts?

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