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Prices Paid: Buying & Leasing Experiences Lexus IS 250 / IS 350 Lease Questions
1166 messages, Last post on Dec 06, 2009 at 10:52 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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Replying to: eburns (Apr 06, 2009 5:32 am)
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hi, i have decided to possibly lease the is350, can anyone help? The MSRP according to longo is $42725. I need help figuring what the best deal might be on a 3 year lease and 12K mile/year. Please help. I get a little confuse with the money factor, cap rate, and residual. Can anyone help?
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| oh, the drive off will be about 1500 to 2500, i looked at edmunds invoice, it is about $3000 less than the MSRP. Will this help? | |
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Replying to: ach8888 (Apr 18, 2009 6:59 pm) |
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