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Lexus IS 250 / IS 350 Lease Questions

758 messages,  Last post on Jul 23, 2008 at 6:52 PM

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

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#88 of 758 Couple of questions.. by timecurve Apr 24, 2006 (7:09 am)
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 Replies to this message: Car_man (May 01, 2006 4:18 am)
#89 of 758 Re: Just picked up my IS 250 AWD [yeungj1] by from_fl Apr 24, 2006 (9:08 am)
Replying to: yeungj1 (Apr 23, 2006 2:20 am) Hi: Does Lexus pay for tire replacement during your 3 years lease?   Thanks, Replies to this message: yeungj1 (Apr 24, 2006 12:26 pm) from_fl (Apr 24, 2006 1:27 pm) yeungj1 (Apr 24, 2006 3:14 pm)
#90 of 758 Re: Just picked up my IS 250 AWD [from_fl] by yeungj1 Apr 24, 2006 (12:26 pm)
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. Replies to this message: from_fl (Apr 24, 2006 1:27 pm) yeungj1 (Apr 24, 2006 3:14 pm)
#91 of 758 Re: Just picked up my IS 250 AWD [yeungj1] by from_fl Apr 24, 2006 (1:27 pm)
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. Replies to this message: yeungj1 (Apr 24, 2006 3:14 pm)
#92 of 758 Re: Just picked up my IS 250 AWD [from_fl] by yeungj1 Apr 24, 2006 (3:14 pm)
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 758 First quote by timecurve Apr 25, 2006 (7:18 pm)
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 758 Please Help Sounds Right? by cc12359 Apr 30, 2006 (11:47 pm)
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 758 Re: IS250 18,000 mile residual? [riemu7] by Car_man HOST May 01, 2006 (2:35 am)
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 Host Smart Shopper / Prices Paid Forums
#96 of 758 Re: IS250 RWD Leasing Questions [stalnaker] by Car_man HOST May 01, 2006 (2:43 am)
Replying to: stalnaker (Apr 01, 2006 7:01 pm) Greetings Ernest. I would be happy to answer any questions that you have. Keep in mind though that Lexus' current lease program is only scheduled to run through June 30th. If you lease your new car after that date, its lease program will be different. If you were to lease a 2006 Lexus IS 250 2WD with an MSRP of $33,234 and a selling price of $33,234 through Lexus Financial Services right now for 36 months with 15,000 miles per year, its zero down, pre-tax monthly payment should be around $522. You are correct, paying for your entire lease in advance reduces its money factor by .00100. If you chose to do this, your vehicle's monthly payment would drop to around $470, for a total advance payment of around $16,889 before tax.   The December to Remember sales event is an excellent time to lease a new Lexus. Over the past several years Lexus has offered very attractive money factors on its vehicles at the end of the year. If I was in the market for a new Lexus now, I certainly would not wait until then to get one. However, if I was considering a Lexus later on this year I probably would.   Car_man Host Smart Shopper / Prices Paid Forums
#97 of 758 Re: IS 350 Leasing Question [autobrowser] by Car_man HOST May 01, 2006 (3:05 am)
Replying to: autobrowser (Apr 02, 2006 6:44 pm) Hi Don. If you were to lease a 2006 Lexus IS 350 through Lexus financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00255 and 58%, respectively. The money factor would be the same for a lease with only 12,000 miles per year, but the residual value would increase by 2%. The aforementioned money factor assumes that you qualify for LFS' Tier 1+ credit tier.   Car_man Host Smart Shopper / Prices Paid Forums

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