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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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#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)
#990 of 1165 Re: Is this a good deal? [applebeez] by kingpcgeek Apr 23, 2009 (10:42 am)
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. Replies to this message: applebeez (Apr 23, 2009 11:11 am)
#991 of 1165 Re: Is this a good deal? [kingpcgeek] by applebeez Apr 23, 2009 (11:11 am)
Replying to: kingpcgeek (Apr 23, 2009 10:42 am) Thanks! Yeah I put the $0 down payment. However the Acq fee is pretty high: $700 he said it's fixed. I'm trying to get the selling price lower. Any tips on that?
#992 of 1165 '09 Lexus IS 250 Lease Offer- $379/mo for 36mos, $2600 down by igozoomzoom Apr 24, 2009 (7:41 pm)
Does anyone have any additional information about this $379 lease deal on the '09 IS 250? I'd be interested to learn the exact configuration (options) being offered at this price. I also wonder what the annual mileage limit is on this deal? Replies to this message: lch77 (Apr 26, 2009 10:42 am)
#993 of 1165 How do you think of this deal? by applebeez Apr 25, 2009 (9:05 am)
2008 IS 250 AWD black/black MSRP: $35K (pretty base) got a quater inch on the passager side front windshield, but it's been fixed. Offered for $ 27K... How do you think?
#994 of 1165 Re: '09 Lexus IS 250 Lease Offer- $379/mo for 36mos, $2600 down [igozoomzoo by lch77 Apr 26, 2009 (10:42 am)
Replying to: igozoomzoom (Apr 24, 2009 7:41 pm) I think you'll find those "teaser' leases are different in different regions. Here, in Southeast PA, the "deal" is $429 per month with $1129 down and uses a car with a price of $35,820, which appears to be the base price without ANY options. Since the due at signing for this deal appears to be the Bank Fee plus first month's payment, I get a "lease Factor" of 83 which is very good. However, I think you'll find that if you try to add any options, the intro lease rates won't apply and the lease will be fairly ordinary. For example, when I added about $3,500 in options (or 10% of the base price) the lease went up 35% to $580. All of the lease price do not include tax   The problem now with Lexus' leases on the IS250 AWD is while the money factor is usually pretty good, the residual is a disappointing 50%. However, a low residual coupled with a very low money factor can be advantageous if you plan to buy it at the end of the lease.   I think if you investigate your $379 lease, you'll find comparable results.
#995 of 1165 Assuming a 2008 IS 250 Is this a good deal? by ljsurfbabe Apr 27, 2009 (11:42 am)
Hi! I'm new at this so hope I'm doing it right. I'm assuming a 2008 IS 250. Its fully loaded, everything possible. For $450 a month. 3 years left (Originally a 4 year lease) with 1100 miles a month left. Is this a good deal. Its Tier 1 Credit. I'm just trying to save myself a downpayment by assuming the lease rather than getting a new one. Any comments, or questions I should ask before I proceed? Thanks! Replies to this message: igozoomzoom (Apr 27, 2009 4:06 pm)

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