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Prices Paid: Buying & Leasing Experiences 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
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Replying to: greeneyespsu (Mar 17, 2009 10:19 pm) The only thing about your deal that I caught my eye were your MSDs. I've never dealt with them myself, but I can just see the gleam in their eyes when you return the car after 3 yrs and 3,400 is up for grabs. What was your MF at before the deposits?
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Replying to: adamly (Mar 18, 2009 7:10 am) 
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Replying to: greeneyespsu (Mar 18, 2009 9:25 am) My comment about your numbers was I found it hard to believe they would sell you that car out the door for $32,800 which was fully loaded include chrome wheels and two years of free maintenance. Those chrome wheels usually add about $2K to the price. Your new deal is nowhere near that. Nor was mine. My .0007 cap rate was with no MSD. The deal you had listed is a good one. Its a few dollars better than mine. I was at $32612. I would be happy with that deal and take it. I couldn't get Mission Viejo or Newport anywhere near that. We had to go to Longo to get our deal. The only thing I might consider is the MSD. Basically it comes down to do you want to lend Lexus $3200 for 1.44% a year (1.68 my rate vs. .24 your rate). I would pass on that although not many investments today you can get that return on. Another question I have on the MSD is under what terms can they tap into the MSD? What if you total the car after you drive it off the lot? Can they use it to fill the gap between the loan and your insurance? I assume if you default on the lease they can take it. Good luck and I think you have done enough homework to buy. Be sure to post your final deal.
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Replying to: cpa3 (Mar 20, 2009 6:38 pm) I never said $32,800 OTD in my previous post. It was pre-TTL. Trust me, if it was $32,800 OTD I would have taken it and ran well before I posted here.  For me, Longo won't go near the price I got of $32548. They're still $33k+. Although they don't have the color I want (supposedly) anyway so they're not really trying to deal. Keyes says they'll beat the price by $500.. so $32048, but of course they don't have the same car.. they're getting one in but it has HID too so they said they'd sell the one with HID for $32798 (funny how now they're basically back to the same price they gave me before). With 8 MSD with them, MF goes down to .00006. Don't know how that's possible since it was .0001 with SM. MSD is returned at lease end. They could take damages out of it, but it would be charged just like if you didn't put money down and then you'd owe them. And Lexus leases include GAP insurance so even if MSD would play a factor like money down, it shouldn't matter anyway. Or at least I think. Still searching for Smoky Mica on Black. Keyes and SM have Matador Red on Black with HIDs.. Vista and SM have Starfire Pearl on Black, no HID. We'll see..
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Replying to: greeneyespsu (Mar 20, 2009 6:55 pm) Sorry I meant $32,800 without TTL not with TTL. In other words that deal is unbelievable. What do chrome wheels costs? The free maintenance is probably worth at least $300-$500 to you. I dont see why they would sell at that price. Your 32,568 is a lot higher when you factor the 32800 includes chrome wheels (at leaast $1200cost) plus free maintenance...A comprable deal without those would be have to be at least around $31K
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Replying to: cpa3 (Mar 20, 2009 7:35 pm) |
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| I have found a leftover 08 is250. They are offering the car at 31,900 with nav, x package, and prem package and a manual tran. The dealer is in Mass. What are the current money factor and residual for 36 and 48 months? 12k per year. | |
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2008 Lexus IS250 6-speed manual. Every option except an automatic and the Mark Levinson. It has NAV, HIDs, premium package, and the X-package. Here is what they are offering. MSRP: $38,800 Cap Cost: $30,076 Residual: $19,190 Term: 36 months Payment: $500 including taxes with $500 due at signing, Any opinions?
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Replying to: Car_man (Mar 16, 2009 3:07 am) I got an offer at Bay area as below IS250 with Nav. sticker price $37656 48month lease(10kmil/year, my credit score is 745), residue price: $16569 downpay: $3500 monthly pay:$340 (including tax) Is this a good deal? Anything important I should ask the dealer?
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