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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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#909 of 1165
Re: 399/Mo. Lease [davef1nissan] by Car_man HOST
Feb 09, 2009 (4:02 am)
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Replying to: davef1nissan (Jan 26, 2009 8:22 am)

Hi davef1nissan. the $399 per month lease that Lexus is advertising on the 2009 IS 250 AWD for 36 months with 10,000 miles per year. Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of an '09 IS 250 AWD with 10,000 miles per year are .00140 and 53%, respectively for consumers who qualify for its "Tier 1+" credit tier.
 
I believe that the car that is being advertised has an MSRP of $35,820.
 
I am not aware of any special incentives for recent college graduates on this car.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#910 of 1165
Re: [drseif] by Car_man HOST
Feb 09, 2009 (4:38 am)
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Replying to: drseif (Jan 27, 2009 1:11 pm)

Hi drseif. Out of curiosity, what state are you in and where is the better program available? What you were told is correct, the incentives that consumers are eligible for are usually based upon where they live...not where the dealership is located.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#911 of 1165
Re: Lexus IS250 deal [DTOM] by Car_man HOST
Feb 09, 2009 (4:39 am)
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Replying to: DTOM (Feb 08, 2009 9:33 pm)

Congratulations on getting your new IS, DTOM. Thanks for taking the time to share the details of your lease with everyone. If you'd like, you can also stop by the Dealer Ratings & Reviews discussion to share your thoughts on your recent dealer experience. Enjoy your new ride !
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#912 of 1165
Re: Lexus IS250 deal [Car_man] by DTOM
Feb 09, 2009 (5:51 am)
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Replying to: Car_man (Feb 09, 2009 4:39 am)

Will post dealer reviews on the two we dealt with. I love that forums like this empower the consumer by making experiences available to all to read.
 
I neglected our MF: 0.00135.
 
The dealer is offering a $1000 "tiers for life program" on the vehicle on the condition that it is serviced with them. This looks tempting as the IS250 tires have a < 20K life. Any thoughts on these programs? It is clear the big benefit of the dealer is keeping you coming to him. The risk for the consumer is moving away from the area. The program also does not transfer with a new owner.
#913 of 1165
Re: [Car_man] by drseif
Feb 09, 2009 (9:55 am)
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Replying to: Car_man (Feb 09, 2009 4:38 am)

I live in Cincinnati, OH. The better lease deal was along the East Coast and as close to me as West Virginia. These were through LFS and as advertised on the dealer websites.
#914 of 1165
Re: 399/Mo. Lease [Car_man] by sharp9
Feb 09, 2009 (5:05 pm)
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Replying to: Car_man (Feb 09, 2009 4:02 am)

Hi Car Man. Are the current lease rates for 09 IS250 (non AWD) available? Looking for 36 months and 15k miles.
Thanks. c
#915 of 1165
Re: Lexus IS250 deal [DTOM] by Car_man HOST
Feb 10, 2009 (3:00 am)
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Replying to: DTOM (Feb 09, 2009 5:51 am)

Thanks DTOM. That money factor is right in line with LFS' buy rate for this model.
 
Are you saying that the dealer is offering you free tires for life if you have all of your service performed there. That's a great deal if if only involves getting oil changes...however if it forces you to have all sorts of other worthless service done on your leased vehicle (which I suspect it does) then I would probably pass if I was offered it.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#916 of 1165
Re: 399/Mo. Lease [sharp9] by Car_man HOST
Feb 10, 2009 (3:02 am)
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Replying to: sharp9 (Feb 09, 2009 5:05 pm)

They sure are, sharp9. Here you go. Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 IS 250 2WD with an automatic transmission and 15,000 miles per year are .00135 and 54%, respectively for consumers who qualify for its Tier 1+ credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#917 of 1165
Re: Lexus IS250 deal [Car_man] by DTOM
Feb 10, 2009 (7:40 am)
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Replying to: Car_man (Feb 10, 2009 3:00 am)

The tire plan costs $1000, which is about the cost of one set of tires on the car.
 
It just specified that you have your manufacture's recommend services as specified in the manual carried out at the appropriate intervals with them. I asked the dealer why they sell this package:
 
1) It can be hard to sell a IS250 with the tire life.
2) It retains customers with that particular dealership. He want my service business and for me to purchase my next car from him.
 
I'm going to ask for a copy of the contract one would sign, not just the pamphlet to see if there are some gotchas in there. What if I move out of state etc.
#918 of 1165
Re: Lexus IS250 deal [DTOM] by kingpcgeek
Feb 10, 2009 (8:20 am)
Reply

Replying to: DTOM (Feb 10, 2009 7:40 am)

Don't get an IS with the 18" summer tires and your expense will be lower, and your tire life will be higher. I wish I had done that when I leased my wife's. FYI I got about 22,000 miles on the fronts and 25,000 on the rears or vice verse, I don't really remember. I'm in Arizona, a place that is very hard on tires.
 
It was about $900 to replace them at Discount Tire. If you are going to lease the car figure one tire change, maybe two. $1000 for the tire plan, plus the requirement to do all regular maintenance at the dealer sounds like a major rip off.

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