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Prices Paid: Buying & Leasing Experiences Lexus IS 250 / IS 350 Lease Questions
1159 messages, Last post on Nov 05, 2009 at 10:12 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: greeneyespsu (Mar 25, 2009 12:58 pm) |
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. . . for all the great information you provide here! I just took delivery of a 2009 IS250 RWD (NoNav). Lease payment is $440/month including sales tax; drive- off was same. MoneyFactor = .0007 & Residual = 53%. MSRP = $34,200 & Cap Cost was $308 over invoice (plus BankFee, DMV, Doc). (I examined every promo lease on every lo-end luxury car; this is a great deal!) And I had a great experience with Longo Lexus (SoCal). I worked with Internet Sales Manager Nick Pailevanian (818-726-5073). We structured the ENTIRE deal via email; never talked once. Even the credit app, drivers license & ins card... all scanned & sent by email. Then he met me blocks from the Acura dealer where I needed to return my end-of-lease TL. We executed all doc’s on the trunk (old car of course!). Great way to lease a car. With gratitude, Integritas
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Replying to: integritas (Mar 27, 2009 1:33 pm) Msrp: 38455 Cap cost: 33500 3 yrs 15k .0007 money factor 1500 down residual 50% 470/mo including tax good or no good ? Lots of dealers won't even touch that price so I'm assuming its good... just doesn't seem good enough compared to others
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Replying to: newnmpr0ved (Mar 29, 2009 7:13 am) |
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Hi-I'm looking to lease an IS250 but I'm a bit worried because I'm a girl, and I'll be walking onto the lot with a 700 credit score. The deal they have listed at Santa Monica Lexus is 3500 down 350+tax a month 10k miles MSRP 32,400 I see that some have gotten GREAT deals and I've read through many posts on this forum to see if there is any way to negotiate a better deal. 1.) is the listed promo a good deal? 2.) how can I get a better deal Would be awesome to jump on greeny's 400 a month plan with the navigation. That sounds like an amazing deal. How did u do it?! 
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Hi Car Man, Could you give me April's MF and residual on a IS250 RWD w/ Nav at 10K per year for 36 months? I think this might be the weekend I make the switch to Lexus... Thanks! Eric
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Replying to: elisco (Mar 30, 2009 10:33 pm)
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Replying to: cpa3 (Apr 03, 2009 9:01 pm) Note, rarely, but sometimes the last day of the month might not always be best. Here's why it is usually good: Each dealer has a monthly target (bogey). Let's say it's 60 new cars. If they hit or exceed that target, they get a bonus for EACH car sold. I have no idea how much that bonus but let's say it's $50. If they've reached 59 on the very last day of the month, they will get an extra $3,000 to sell one more car. If they knock off $1,500 to make that deal, they are still $1500 ahead but that's only on car #60. Car #61 only has $50 extra to give away, but it's still something more. Here's when it is not good: Same scenario as above but with a few days left at the end of the month, they are at 45-50 cars with no good prospects to sell enough cars to meet the bogey. They are not supposed to do this but they might be less aggressive on pricing and suggest that things might get better the following month. That way, they might get you and a few others lined up to buy early the following month while at the same time, the manufacturer might drop the bogey for that month. I've been told that this does happen but I also been told that no matter where they are for the month, they still try to maximize each month's sales. |
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Replying to: eburns (Apr 03, 2009 6:53 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Apr 06, 2009 3:00 am)
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