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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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#933 of 1165
Re: 399/Mo. Lease [Car_man] by jpp5862
Mar 03, 2009 (6:13 pm)
Reply

Replying to: Car_man (Feb 27, 2009 2:39 am)

Hi Carman,
 
Can you post the lease terms (money factor, residuals, etc.) for the IS 250 AWD when they are published for March? I'm interested to see how they compare to February.
 
Thanks!
#934 of 1165
Re: 399/Mo. Lease [jpp5862] by integritas
Mar 04, 2009 (7:59 pm)
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Replying to: jpp5862 (Mar 03, 2009 6:13 pm)

Hi Car_man...
 
Please, while you're doing your Lexus updating, would you also advise for the IS 250 RWD for 10,000 miles/yr: Money Factor & Residual.
 
Thank you!
#935 of 1165
Re: 399/Mo. Lease [jpp5862] by jpp5862
Mar 05, 2009 (11:00 am)
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Replying to: jpp5862 (Mar 03, 2009 6:13 pm)

Edit, I forgot to add 10,000 miles and 36/39 months. Thanks!
#936 of 1165
Re: 399/Mo. Lease [Car_man] by dmoeller17
Mar 05, 2009 (9:12 pm)
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Replying to: Car_man (Feb 27, 2009 2:39 am)

The Lexus USA sales numbers for February have been released, and it’s just plain depressing:
2009 2008 % Change
IS250/350/F 2,147 3,906 -42.7
ES350 2,575 4,795 -44.1
GS350/460/450h 595 1,422 -56.4
SC430 76 189 -58.1
LS460/600h L 700 1,891 -61.4
Total Cars 6,093 12,203 -48.0
RX350/400h 6,218 6,956 -6.9
GX470 516 1,549 -65.3
LX570 281 569 -48.6
Total Trucks 7,015 9,074 -19.5
Total Sales 13,108 21,277 -35.8
 
The fact that car sales are down almost 50% under last year is frightening — but let’s put it into context with some competitor’s stats:
2009 2008 % Change
Audi 4,653 6,152 -24.4
BMW 12,979 20,775 -37.5
Infiniti 6,359 10,068 -36.8
Mercedes 14,199 18,564 -23.5
 
Misery loves company.
#937 of 1165
Lease cost NY or NJ by fairwayflyer
Mar 06, 2009 (2:12 pm)
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Anyone know what the current monthly lease cost would be for an IS250 AWD with Nav and Lux Package, 15k per year, zero down taxes rolled in (8.625%). Also any promotions on bank fees etc.
 
Thanks
#938 of 1165
by greeneyespsu
Mar 12, 2009 (12:31 am)
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I see that around this time last year there was a special CA lease program going on for 24 month leases. Anything similar to this going on now? I am in LA and need to purchase within the next week. I ran credit today and got 729 Auto FICO at the Lexus dealer (which is lower than my normal FICO, but I'm a first time buyer). Any idea what the MF would be for me on 24 and 36 mo leases? Dealer quoted me payments for 10k but said he would do 12k for the same price. 24 mo just seems more attractive considering a lower buyout price would equal a lower overall price if I lease then buyout. Thanks for the advice!
 
FYI - If it matters, I am looking for a 2009 IS250 RWD auto with navi and prem packages. Dealer said he would give me chrome wheels and 2 years maintenance also. Best offer I got is $32,800 + TTL but I don't think that's as good as I can get considering I can do without chrome and I saw someone in NorCal got 35,650 OTD this week on the prices paid thread.
#939 of 1165
Lease deal 2/28/09 by cpa3
Mar 14, 2009 (3:54 pm)
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Here is the deal I obtained for my daughter on Feb 28th for an IS 250 RWD fully loaded with NAVI and premium, list price of $37,580. Selling price was $32,612. 12,000 miles per year; CAP rate was .0007 (1.68% equavilent);Residual 52% = $19,542. Total drive off was $1500 which included $659 cap reduction, first monthly payment of $431 (includes CA sales tax 7.75%); title $301; doc fee $45; tax on cap reduction $51; CA tire fee $9; and doc fee tax $4. This is a 36 month lease. Remaining 35 payments at $400 plus $31 tax. This was leased in So Calif.
 
I spent several weeks fooling around with a couple of dealers over the phone and was very pleased with this deal I got on last day of month. Dealer cost on this car was $33,772. So they leased it to me at about $1160 below dealer list cost.
#940 of 1165
Re: Lease deal 2/28/09 [cpa3] by greeneyespsu
Mar 14, 2009 (4:14 pm)
Reply

Replying to: cpa3 (Mar 14, 2009 3:54 pm)

cpa3 Thanks for the info! Are the only options you got on this vehicle the navi and premium package? No 18" wheels or chrome or lux package or anything else? Just curious cause you said fully loaded but navi and prem is only I guess kinda "well equipped" and I want to be able to get the best price and I'd love more options than that (if you got them) for that price. Cost on RWD with prem and navi is only a little over $31k, not $33k. Also, did you pay down the MF with any security deposits or was that just the standard MF that you were offered? Anyway, I'd really love to know your exact details of what options you got and also what dealer this was at because I'm looking to close in SoCal this week. Thanks!
#941 of 1165
Re: Lease deal 2/28/09 [greeneyespsu] by cpa3
Mar 14, 2009 (5:14 pm)
Reply

Replying to: greeneyespsu (Mar 14, 2009 4:14 pm)

greeneyespsu
 
Yes it had 18" wheels...Navi, Premium Pkg (includes heated and cooled seats), matts and locks...This is a pretty standard configuration for this car with Navi...In So. Cal there seems to only be about two or three configurations of that car. Your wrong on the $33 vs $31...I priced it at KBB and also I saw the dealers invoice which matched my research...This was a 2009 car...I saw your other posts and truthfully I find it hard to believe the price you were quoted. Also something wasn't right with the lease they were offering you with $3500 down...It should have been a lot less if all the info you provided was right. Do the lease calculations yourself and see. Good luck and feel free to ask any other questions.
#942 of 1165
Re: 399/Mo. Lease [jpp5862] by Car_man HOST
Mar 16, 2009 (3:07 am)
Reply

Replying to: jpp5862 (Mar 03, 2009 6:13 pm)

Hi jpp5862. Here's the information that you're looking for. Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 Lexus IS 250 AWD with 15,000 miles per year are .00140 and 50%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.
 
Car_man
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