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Lexus IS 250 / IS 350 Lease Questions

1165 messages,  Last post on Nov 17, 2009 at 6:18 AM

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What is this discussion about? Lexus IS 250, Lexus IS 350, Lexus IS, Car Leasing, Sedan

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#980 of 1165 Re: looking to lease [cpa3] by lch77 Apr 04, 2009 (9:42 am)
Replying to: cpa3 (Apr 03, 2009 9:01 pm) cpa3's method is excellent. The only thing that I can add is they will also tend to give you a better deal on a car they have in their inventory, specially toward the end of the month. Therefore, use the inventory locator here in Edmunds or on the manufacturer's or dealer's site to see which dealers have the car you want. Call them first. Also, for Lexus (and Toyota, and probably, others); not every option package is available in every region. For example, in eastern PA, you cannot get the Luxury and Premium Packages without also getting the NAV package. 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.
#981 of 1165 Re: April MF and residual on IS 250 RWD [eburns] by Car_man HOST Apr 06, 2009 (3:00 am)
Replying to: eburns (Apr 03, 2009 6:53 pm) Greetings Eric. 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 IS 250 RWD with 10,000 miles per year are .00125 and 53%, respectively. This car's money factor varies a little by region. If you let me know what state you are in, I can confirm that this is the factor that's available in your neck of the woods.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: eburns (Apr 06, 2009 5:32 am) hockeymom1712 (Apr 15, 2009 2:00 pm) Car_man (Apr 28, 2009 2:24 am) and 2 more... Car_man (Apr 28, 2009 2:16 am) valuehunter07 (May 05, 2009 5:33 pm) kingpcgeek (May 06, 2009 2:40 pm) greeneyespsu (May 06, 2009 3:09 pm) kingpcgeek (May 07, 2009 5:11 am) and 9 more... valuehunter07 (May 08, 2009 7:30 am)
#982 of 1165 Re: April MF and residual on IS 250 RWD [Car_man] by eburns Apr 06, 2009 (5:32 am)
Replying to: Car_man (Apr 06, 2009 3:00 am) Thanks Car_Man, I am in North Carolina. I appreciate the help! Replies to this message: hockeymom1712 (Apr 15, 2009 2:00 pm) Car_man (Apr 28, 2009 2:24 am) valuehunter07 (May 05, 2009 5:22 pm) and 1 more... Car_man (Apr 28, 2009 2:16 am)
#983 of 1165 Re: April MF and residual on IS 250 RWD [eburns] by hockeymom1712 Apr 15, 2009 (2:00 pm)
Replying to: eburns (Apr 06, 2009 5:32 am) I live in Rockville, MD, I'd be interested in knowing the April money factors for 12K and 15K mile 36 mo. leases. Still the 53% residual ? Thank you very much. Replies to this message: Car_man (Apr 28, 2009 2:24 am) valuehunter07 (May 05, 2009 5:22 pm) Car_man (May 22, 2009 1:39 am)
#984 of 1165 lease is350 by ach8888 Apr 18, 2009 (6:59 pm)
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? Replies to this message: kingpcgeek (Apr 20, 2009 9:21 am) Car_man (Apr 28, 2009 2:30 am)
#985 of 1165 lease is350 by ach8888 Apr 18, 2009 (7:18 pm)
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?
#986 of 1165 Re: lease is350 [ach8888] by kingpcgeek Apr 20, 2009 (9:21 am)
Replying to: ach8888 (Apr 18, 2009 6:59 pm) I am not sure what the actual numbers are at this time. I however can tell you that traditionally the 350 is a horrible car to lease. Lexus usually offers little to no lease support on the 350.
#988 of 1165 Is this a good deal? by applebeez Apr 22, 2009 (9:09 pm)
Replying to: cpa3 (Mar 14, 2009 3:54 pm) The local Lexus dealer is offering a promotion http://www.metrolexus.com/AboutThisSite   How do you think of it? Is it a good deal? Beside I'd negotiate the MSRP price, what else can I negotiate on? Thanks!!
#989 of 1165 Is this a good deal? by applebeez Apr 22, 2009 (9:28 pm)
Replying to: david1973 (Dec 06, 2005 10:49 am) The local dealer is offering a promotion:   http://www.metrolexus.com/AboutThisSite   Do you think it's a good deal? What else can I negotiate beside the MSRP price? Thanks!! Replies to this message: kingpcgeek (Apr 23, 2009 10:42 am) applebeez (Apr 23, 2009 11:11 am)

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