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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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#981 of 1165
Re: April MF and residual on IS 250 RWD [eburns] by Car_man HOST
Apr 06, 2009 (3:00 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
#982 of 1165
Re: April MF and residual on IS 250 RWD [Car_man] by eburns
Apr 06, 2009 (5:32 am)
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Replying to: Car_man (Apr 06, 2009 3:00 am)

Thanks Car_Man, I am in North Carolina. I appreciate the help!
#983 of 1165
Re: April MF and residual on IS 250 RWD [eburns] by hockeymom1712
Apr 15, 2009 (2:00 pm)
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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.
#984 of 1165
lease is350 by ach8888
Apr 18, 2009 (6:59 pm)
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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?
#985 of 1165
lease is350 by ach8888
Apr 18, 2009 (7:18 pm)
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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?
#986 of 1165
Re: lease is350 [ach8888] by kingpcgeek
Apr 20, 2009 (9:21 am)
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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)
Reply

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)
Reply

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!!
#990 of 1165
Re: Is this a good deal? [applebeez] by kingpcgeek
Apr 23, 2009 (10:42 am)
Reply

Replying to: applebeez (Apr 22, 2009 9:28 pm)

Pretty much any advertised lease deal you see is a loser since they are teasing you with a low lease rate by making you put a huge amount of cash down. BTW I am sure that is the same offer that every Lexus dealer is offering.
 
$3539 down, plus registration and doc fees is outrageous. In this deal you are doing a $3200 cap cost reduction. Any leasing expert will tell you do not do a cap cost reduction. The disadvantage of a cap cost reduction is that, should your vehicle get stolen or totaled in an accident, you probably won't get any of the down payment returned to you.
  
If you are worried about higher payments take the money that you would have put down to cut the payment in a higher interest savings account. If and when you need to make a lower car payment take some of the money out of savings to help with the payment.
 
On a lease, just like buying really the only thing you can negotiate is the selling price (Not the MSRP). There are other small things, but in the grand scheme of things the selling price is what matters.

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