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Prices Paid: Buying & Leasing Experiences Lexus GS 450h Lease Questions
38 messages, Last post on Nov 17, 2009 at 3:07 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: eights38 (Feb 04, 2008 4:54 am) The explanation I received from both dealers is that there is NO resale market for this car, therefore few wholesalers are interested in bidding for it. It worries me for a year or two down the road with what it's going to be worth. I also think people are scared about how the batteries are going to hold up. I kept the car and remain reasonably happy with it. Nothing I can do about the value now, but it's something that new buyers and leasers should consider. There's obviously a reason why Lexus is putting the residuals so low on the leases. It appears to reflect reality. |
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| The Market looks like it may be droping now. I talked to a Leasing Company in Ohio (Thompson and Ward Leasing) I found by searching New GS450h on Autotrader in Columbus. A new 08, MSRP $60,350, Said he would sell it for $55980, AND could get a .00234 mf on the car. I passed because the car was red and I want black, but I think it shows the direction of the Market. | |
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Hi CarMan, What is the current MF & residual on a 36mo/12k term for a '08 450h ? Is the MSD program for Lexus still the same (.00008 MF reduction for each SD) ? Due to the current economy, do you think a 450h can be had for under invoice (in SoCal area) ?? TIA - socalJD
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Replying to: socaljd (Jul 03, 2008 2:24 pm) It is difficult to say how low the dealers in your area will be willing to go on this car, but I personally doubt that you will be able to get one for under invoice. I personally would shoot for a couple hundred dollars over. Try stopping by the "Lexus GS 450h Prices Paid and Buying Experience" discussion for additional feedback on this car's pricing. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Anyone know what the current lease rates for the GS450h are, including the mf and residual for the 08 for a 36 mo lease w/12k mi per year? Thanks!
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Replying to: nemia (Feb 16, 2009 7:13 am) The lease program is bad, but Lexus is providing $6,000 dealer cash on this car right now. Make sure to take it into account when negotiating the selling price. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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I went to the lexus dealer in the san fernando valley in californa and thier giving me a lexus gs 2009 450h for 1050.00 a month- 12k min per year- 36 months and- 6,500 down they said the car is fully loaded total with tax the car costs 71,000.00 the guy said what do you
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Replying to: linog (Feb 26, 2009 8:31 pm) One thing that jumps out at me about this deal is the large down payment that the dealer is asking for. I always advise consumers not to make any sort of capitalized cost reduction when leasing. Those who make one risk losing part or all of it if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be a little higher, you will be much better off going with a zero down lease. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Feb 26, 2009 3:53 am) I am looking to get a new car, preferably before the CA tax rate goes up on April 1. However, if other programs might kick in that would provide savings that offset the extra ~$550 in tax, I could certainly wait.
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