You are here: Forums Prices Paid: Buying & Leasing Experiences Lexus IS 250 / IS 350 Lease Questions

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

Messages Page 83 of 117 1 ... 80 81 82 83 84 85 86 ... 117 Prev Next Last

Go To Msg # Search This Discussion

#821 of 1165 2009 Lexus IS 250 by bubbli1 Oct 19, 2008 (10:30 pm)
Hello car_man,   I'm looking into leasing my first new car and need help. Don't have a lot of experience with cars in general. I test drove a 09 IS 250 and really liked it, despite the cramped back-seat. The deal they're giving me is 5500 down and 299/mo for 36 months for 12K. Is that a good deal? Also, can you lease a pre-owned vehicle?   Thnx! Replies to this message: kingpcgeek (Oct 20, 2008 8:11 am) Car_man (Oct 22, 2008 5:30 pm)
#822 of 1165 Re: 2009 Lexus IS 250 [bubbli1] by kingpcgeek Oct 20, 2008 (8:11 am)
Replying to: bubbli1 (Oct 19, 2008 10:30 pm) A lease where you are putting down $5,500 (cap cost reduction) is a horrible deal. Any leasing expert will tell you do not do a cap cost reduction. You risk losing some or all of your cap reduction as soon as your drive off the lot if your car is totaled or stolen. Insurance companies only pay for the market value of a lost or stolen car, and the depreciation starts as soon as the tires hit the road with you behind the wheel.   You can lease a pre-owned car, but in almost all cases it is cheaper to lease a new car.   You really need to learn about leasing before you jump into one. HERE is a very good site for the leasing newbie.
#823 of 1165 Re: 2009 Lexus IS 250 RWD lease info [rastacane] by Car_man HOST Oct 22, 2008 (5:21 pm)
Replying to: rastacane (Oct 18, 2008 5:36 pm) You're very welcome, rastacane. Here you go. Lexus Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2009 IS 250 RWD with an automatic transmission and 15,000 miles per year are .00135 and 60%, respectively. The numbers for an otherwise identical 36 month lease are .00135 and 53%.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#824 of 1165 Re: 2009 Lexus IS 250 RWD lease info [rucrazy] by Car_man HOST Oct 22, 2008 (5:24 pm)
Replying to: rucrazy (Oct 19, 2008 10:24 am) Hi again rucrazy. Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of an '09 IS 250 AWD with 15,000 miles per year are .00140 and 53%, respectively.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#825 of 1165 Re: 2009 Lexus IS 250 [bubbli1] by Car_man HOST Oct 22, 2008 (5:30 pm)
Replying to: bubbli1 (Oct 19, 2008 10:30 pm) Welcome bubbli1. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.   It is difficult for me to say how good a deal the lease that you were quoted is without knowing what the MSRP and selling price of the car that you want are. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without knowing what these numbers are, it is difficult to tell how much of a discount you are being given.   Also, I see that the dealer is asking you for a $5,500 down payment on this lease. I personally always advise consumers against making down payments when leasing. Those who make them risk losing part or all of them if their vehicle is totaled. It is much safer to go with a zero down lease, even though it means that your monthly payment will be a little higher.   Some manufacturers offer leases on used vehicles, particularly on Certified Pre-Owned vehicles. However, given the lack of support that manufacturers usually provide on them it often turns out that it is less expensive than or costs around the same to lease a brand new car than it would cost to lease a similar used one.   Anyhow, find out the MSRP and selling price of this car and let us know. I am sure that either myself or another helpful community member will be happy to tell you what they think.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#826 of 1165 NY/NJ area lease on a lexus IS 350 by maclicks Oct 23, 2008 (11:43 am)
Hey Guys,   Great site and info   Been reading a lot on here and would appreciate some feedback on this lease.   2008 Lexus Is 350   MSRP:45110 Sale Price: 39718 Invoice: 39718 Money Factor: .00120 Residual: 49%   The lease payment for 36 months with 10,000 miles a year for the 2008 IS 350 with the MSRP of 45,110 would be: $563.47 per month with $3,199.91 due at lease signing.   The money do at lease signing is: $563.47 (1st Months payment) $1419.94 (sales tax of 7%) $749.00 (Bank Fee) $467.50 (DMV fee)   The residual seems low but I have gotten the same value from 2 different dealers. I would not be paying the tax up front and just roll it into the payment. The money factor is close to from both dealers. The other dealer was more expensive as they weren't selling the car at invoice.   Any feedback or suggestions is appreciated.   Manny Replies to this message: kingpcgeek (Oct 23, 2008 4:27 pm)
#827 of 1165 Re: NY/NJ area lease on a lexus IS 350 [maclicks] by kingpcgeek Oct 23, 2008 (4:27 pm)
Replying to: maclicks (Oct 23, 2008 11:43 am) IS350 are horrible cars to lease, because Lexus provides no lease support, and the cars are way overpriced in the first place.   You would be much better off leasing a G35, you could save over $100 a month and in my opinion get a much nicer car. I have a 08 G35 and a 06 IS250 so I do know quite a bit about both cars. Yes I know I have a 250, not a 350, but the cars are pretty much the same with the exception of the HP.
#828 of 1165 is250 Current Lease Question by choppe01 Oct 24, 2008 (5:04 pm)
Hi Carman,     I have been waiting for the perfect time to get into a new IS250. I found a car that I wanted but the money factor was to high. I qualified for the Tier 1+ credit or whatever they call it, with a money factor of .0095. I noticed in some posts from the 23rd that the money factor was .0014 with my credit Tier. My initial deal was about two weeks ago. Did the money factor change that quick or am I looking at the wrong thing? I saw one post that had a phenomenal deal which I was so close to. The money factor is what caused the price not to be the same. Can you give me the money factor and residual for an 08 is250RWD and an 09? Replies to this message: Car_man (Oct 27, 2008 3:58 am) choppe01 (Oct 27, 2008 8:33 pm) Car_man (Oct 30, 2008 4:13 pm)
#829 of 1165 how about this price? by allizard Oct 25, 2008 (1:22 am)
I got a quote for a 09 IS250 /w LM, PT, WL, GN package for $29800, Leasing is .00135 money factor, and 56% residual. 10k miles a year come out to be around $376 a month with tax for 36 months. Sounds like a good deal but I am hoping they will do better next month. I've time to wait. Oh yeah.. forgot to mention its 2500 down.
#830 of 1165 Re: is250 Current Lease Question [choppe01] by Car_man HOST Oct 27, 2008 (3:58 am)
Replying to: choppe01 (Oct 24, 2008 5:04 pm) Hi choppe01. According to the latest information that I have seen, Lexus Financial Services' buy rate lease money factor and residual value for a 36 month lease of a 2008 IS 250 RWD with an automatic transmission and 15,000 miles per year are .00085 and 50%, respectively for consumers who qualify for its Tier 1+ credit tier. The numbers for an otherwise identical lease of an '09 model are .00135 and 53%.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: choppe01 (Oct 27, 2008 8:33 pm) Car_man (Oct 30, 2008 4:13 pm)

Messages Page 83 of 117 1 ... 80 81 82 83 84 85 86 ... 117 Prev Next Last

Go To Msg # Search This Discussion

You are here: Forums Prices Paid: Buying & Leasing Experiences Lexus IS 250 / IS 350 Lease Questions