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Lexus IS 250 / IS 350 Lease Questions

796 messages,  Last post on Sep 04, 2008 at 9:18 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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#86 of 796
Re: HELP: Lexus IS AWD w/ Nav. and luxury package [mitch1988] by is250driver
Apr 22, 2006 (12:32 pm)
Reply

Replying to: mitch1988 (Jan 27, 2006 7:42 am)

This seems like a lot of money for monthly payments, especially with the down payment.
 
I leased an IS250 AWD for $525 a month.. it was actually $500 but I purchased wheel/tire insureance because of Michigan's wretched roads.
 
Anyway, I only paid $1295 at signing and that included the first month's payment, the rest were fees, etc...
 
12K miles a year.. The Sticker price was a bit of $35K and they bumped it down to a little over $33K.
 
I have Tier 1+ so my MF is relatively low.
 
But $659 sounds incredibly high for a 250AWD.. especially if they are making you do that big of an upfront payment.
#87 of 796
Just picked up my IS 250 AWD by yeungj1
Apr 23, 2006 (2:20 am)
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So much for holding out for an '07
I stopped by Stevinson Lexus in Denver and emotions took over...so I ended up leasing a black/black 250 AWD today! The staff was great and they took great care of me. Anways, I think I did ok for my first lease.
 
3 yrs 18k miles
MSRP $35,069
Cap Cost $32,050
Residual 58% $18,990
Money factor .00265
Monthly payment $495 + tax $22.78
Drive off fees $1569 0 money down + 1st months payment
 
This was for the base model w/premium package. I got them to throw in window tint. I don't know how much better I could have done, but I'm pretty happy with the deal. Thanks to everyone for posting on this forum, I learned so much and probably saved thousands from reading your posts.
#88 of 796
Couple of questions.. by timecurve
Apr 24, 2006 (7:09 am)
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Hello,
 
I'm thinking about leasing 250 RWD(MT) no Nav, and got couple of questions:
 
1. Is there a correlation (and what is it) between residual percentage and miles per year driven on the lease. Looking through the posts I see that people leasing with as high as 18k miles per year and still getting 58% residual.
 
2. Does anyone know if you can get 250 RWD (MT) w/o Nav, without any packages installed on it? Or there is always at least Premium installed on the car? Premium seems to be the most popular package. Is it worth the money? I looked at it , and it does not give you much really in my opinion.
 
3. And finally, it looks like dealers don't do deals on this model. Is it true? Are they not willing to negotiate at all? Sticker price is what you get?
 
Thanks in advance!
 
TC
#89 of 796
Re: Just picked up my IS 250 AWD [yeungj1] by from_fl
Apr 24, 2006 (9:08 am)
Reply

Replying to: yeungj1 (Apr 23, 2006 2:20 am)

Hi:
Does Lexus pay for tire replacement during your 3 years lease?
 
Thanks,
#90 of 796
Re: Just picked up my IS 250 AWD [from_fl] by yeungj1
Apr 24, 2006 (12:26 pm)
Reply

Replying to: from_fl (Apr 24, 2006 9:08 am)

No, tires are part of the normal wear and tear that the driver is responsible paying for.
#91 of 796
Re: Just picked up my IS 250 AWD [yeungj1] by from_fl
Apr 24, 2006 (1:27 pm)
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Replying to: yeungj1 (Apr 24, 2006 12:26 pm)

Perhaps you should add that to your total leasing cost..
I250's 18 inch can cost more than 1K per set.
#92 of 796
Re: Just picked up my IS 250 AWD [from_fl] by yeungj1
Apr 24, 2006 (3:14 pm)
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Replying to: from_fl (Apr 24, 2006 1:27 pm)

The AWD only is available with 17" wheels. I tried having the dealership put the stock 18" wheels with summer tires, but no luck.
#93 of 796
First quote by timecurve
Apr 25, 2006 (7:18 pm)
Reply
Got a quote from Arlington Lexus in Palatine, IL:
 
IS250 RWD with MT + Premium Package
$32064
- $5500 trade in
58% residual
0.00265 MF
36 mo
15K miles
Total: $399/mo (tax included)
 
Not sure if a few other fees are included like security deposit, aquisition fees, etc. This seems to be right on the money, same numbers pretty much that most lease calculators give on this values.
 
I was told that Base model without any package will be hard to get, up to 90 days waiting period. I also wanted 18in wheels, but looks like they only available for RWD AT or AWD trim. Strange...
#94 of 796
Please Help Sounds Right? by cc12359
Apr 30, 2006 (11:47 pm)
Reply
IS350, through Lexus
3 yrs 36k miles
MSRP $43909
Cap Cost $40500
Down :$1292
Money factor .00195
Monthly payment $571 + tax $49
Residual $26500
#95 of 796
Re: IS250 18,000 mile residual? [riemu7] by Car_man HOST
May 01, 2006 (2:35 am)
Reply

Replying to: riemu7 (Apr 01, 2006 2:36 pm)

Hi riemu7. the highest mileage allowance that Lexus Financial Services publishes residual values for is 15,000 miles per year. If you need to drive more than this, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.
 
Car_man
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