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Lexus GS 450h Lease Questions

38 messages,  Last post on Nov 17, 2009 at 3:07 AM

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What is this discussion about? Lexus GS 450h, Hybrid Cars, Car Leasing, Car Buying, Sedan


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#3 of 38
Re: Lexus GS 450h: Lease Questions [Car_man] by eccentric2
May 16, 2006 (7:36 pm)
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Replying to: Car_man (May 03, 2006 2:17 am)

HI All,
 
Got a few questions about leasing this car, as I was called yesterday that my car has come in a cool black gs450h, but when we started to work out the numbers it seemed way too expensive, we discussed multiple security deposits(can these be lost if the car is stolen or totaled?) I was looking at a MSRP of $60,049, no discount since it isn't readily available, but given a $1060 a month on a 36 month, 15k mile lease. (I just leased a cls 500 with sticker of 74k for $1080 a month). What would be a fair price and what should the residual and money rate be. Was excited to get the car but seems very expensive for a $60,000 lease.
 
Thanks in advance for any help.
 
Eccentric2
#4 of 38
Re: Lexus GS 450h: Lease Questions [eccentric2] by bushsux1
May 17, 2006 (6:31 pm)
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Replying to: eccentric2 (May 16, 2006 7:36 pm)

Eccentric2,
I got the same quote. How did you work your deal out??
#5 of 38
Re: Lexus GS 450h: Lease Questions [bushsux1] by eccentric2
May 17, 2006 (6:42 pm)
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Replying to: bushsux1 (May 17, 2006 6:31 pm)

I havent bought the car yet, its more expensive to be green then it might be worth with this car, I am considering buying for cash though. Otherwise I have another one at another dealer that should be in in about a month and maybe lexus will have a handle on the lease. But I will never buy anything from Countyline Lexus after my experience today! They just didnt care to even explain to me their numbers!! If anyone knows what the money rate and residual should be please post, as I was quoted .0028 and a 53% residual. I think I might get another cls 500 or an audi a6 4.2. So much for trying to be enviromentally friendly
 
Best of luck.
 
David
#6 of 38
Nice cars, unattractive leases by shoes
May 21, 2006 (6:34 am)
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I had exactly the same experience- fully loaded GS540h was quoted in the neighborhood of $1400/month for 36 months. You think this is bad, you should ask the Jaguar dealers how much their new XK8's lease for.
 
Since most of these high end cars are leased and not purchased and since money does matter, maybe Lexus doesn't have that many GS 450h's to sell and therefore won't offer attractive leases.
 
Of course, when Mercedes releases the new engines for the CLS, I suspect their leases won't be so attractive either.
#7 of 38
Re: Lexus GS 450h: Lease Questions [eccentric2] by Car_man HOST
May 31, 2006 (2:30 am)
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Replying to: eccentric2 (May 16, 2006 7:36 pm)

Hi eccentric2. Multiple security deposits are an excellent way to lower your vehicle's lease payment. They certainly are a whole lot better than making a down payment because you will get them back at the end of your lease and you should be able to get them back if your vehicle is considered a total loss for insurance purposes. If you were to lease a 2006 Lexus GS 450h without any security deposit through Lexus Financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00255 and 55%, respectively assuming that you qualify for its "Tier 1+" credit tier.
 
Car_man
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#8 of 38
Question about the current special offer by dulnev
Jan 13, 2007 (8:00 pm)
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I'm about to lease a 450h and I know there is a special lease rate in effect until April 2, 2007. But the Lexus web site only mentions that there is a special offer, without providing any details. The dealer I'm leasing from says the special money factor is 0.00255 (that's for the top tier credit quality - over 730 FICO score), which translates into roughly 6% APR, as opposed to the normal rate of 0.0028, which translates to 6.7%. The 6% rate does not appear to be special at all! Does anyone have any information on the actual offer?
#9 of 38
Re: Question about the current special offer [dulnev] by Car_man HOST
Jan 17, 2007 (3:31 am)
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Replying to: dulnev (Jan 13, 2007 8:00 pm)

Hello dulnev. The special lease money factor that you were quoted for the 2007 GS 450h looks about right to me.
 
Car_man
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#10 of 38
Re: Question about the current special offer [Car_man] by dulnev
Jan 17, 2007 (4:36 am)
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Replying to: Car_man (Jan 17, 2007 3:31 am)

I actually got a bit more information on another forum, and it turns out that the best money factor available is 0.00245 for borrowers in the top credit tier (over 730 FICO). The difference in the monthly payment from the originally quoted 0.00255 factor (for borrowers in the 690-730 bracket) is only $8 a month.
#11 of 38
Re: Lexus GS 450h: Lease Questions [eccentric2] by amg_driver
Feb 11, 2007 (7:27 pm)
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Replying to: eccentric2 (May 17, 2006 6:42 pm)

Eccentric the only green thin about the GS is the amount of money one myst pay to drive them. Are they really that green with 300 ponies!
#12 of 38
Re: Lexus GS 450h: Lease Questions [eccentric2] by amg_driver
Feb 11, 2007 (7:29 pm)
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Replying to: eccentric2 (May 17, 2006 6:42 pm)

Eccentric the only green thing about the GS is the amount of money one must pay to drive them. Are they really that green with 300 ponies!

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