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Lexus GS 450h Lease Questions

37 messages,  Last post on Oct 28, 2009 at 10:25 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#25 of 37
Re: Current lease rates [vigorlover] by Car_man HOST
Apr 06, 2009 (2:54 am)
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Replying to: vigorlover (Mar 26, 2009 8:05 pm)

Hey vigorlover. Now that's a model that I haven't thought about in a long time. I had a friend who had an Acura Vigor. Despite the fact that it never really caught on, it was a pretty nice car.
 
Yes, Lexus is still providing $6,000 dealer cash on the 2008 GS 450h. It is not providing any dealer cash on the 2009 GS 450h, but it does have a special lease program on it.
 
Car_man
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#26 of 37
Re: Current lease rates [Car_man] by vigorlover
Apr 07, 2009 (7:05 pm)
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Replying to: Car_man (Apr 06, 2009 2:54 am)

Hey Car Man,
 
I bought a 1992 Vigor GS the first weekend they were available for sale back in 1991. I had it for 16 years, over 165k miles. It was a great car.
 
I ended up buying a 2009 GS450h in March for $56,000 (about $150 over invoice with all the options: Mark Levinson stereo, Nav, XM, run flat tires, Lexus Link, ...). I just beat the CA state sales tax increase by a couple days. I wonder if had I waited, maybe the dealers would have had new incentives that would have more than made up for the 1% tax increase. Oh well, I am happy driving my new GS450h.
#27 of 37
Re: Current lease rates [vigorlover] by Car_man HOST
Apr 28, 2009 (2:04 am)
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Replying to: vigorlover (Apr 07, 2009 7:05 pm)

Cool story vigorlover. It's always nice to see people who have a passion for particular vehicles. Thanks for letting us know how everything turned out. $150 over dealer invoice is an excellent selling price for an '09 GS 450h. You wouldn't have saved any money by waiting. Buying fast to beat the sales tax increase was the right call.
 
Car_man
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#28 of 37
Re: Current lease rates [Car_man] by vigorlover
Apr 29, 2009 (2:39 pm)
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Replying to: Car_man (Apr 28, 2009 2:04 am)

So far so good with GS450h. I am taking it in for its 1k checkup tomorrow. I have been getting about 25.5mpg on each tank in my combination city/highway driving (where my 1999 A4 2.8 got about just over 21 and my 1998 Jag XK8 cvt got just under 21).
#29 of 37
Re: Current lease rates [vigorlover] by Car_man HOST
May 21, 2009 (2:45 am)
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Replying to: vigorlover (Apr 29, 2009 2:39 pm)

I'm glad that you're enjoying your GS, vigorlover. Thanks for the update.
 
Car_man
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#30 of 37
What are the current lease rates? by dulnev
Aug 29, 2009 (3:13 pm)
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It looks like there is a $2,500 dealer incentive right now on the 2009 GS 450h. Car_man, can you please post the current residual and MF for the 36 month lease with 12K miles? Thank you.
#31 of 37
Re: What are the current lease rates? [dulnev] by Car_man HOST
Sep 17, 2009 (2:03 am)
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Replying to: dulnev (Aug 29, 2009 3:13 pm)

Hi dulnev. There was a $2,500 dealer cash incentive on the 2009 GS 450h. Unfortunately, Lexus decided not to extend that dealer cash when it introduced its new September program.
 
Lexus Financial Services' September buy rate lease money factor and residual value for a 36 month lease of a 2009 GS 450h with 12,000 miles per year are .00030 and 43%, respectively.
 
Having said this, I heard a rumor that Lexus had enhanced its lease program on all models yesterday. I'll look into that. If you'd like, post a reminder for me in this discussion in a day or two and I'll let you know what I have been able to find out.
 
Car_man
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#32 of 37
Re: What are the current lease rates? [Car_man] by dulnev
Sep 22, 2009 (5:02 am)
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Replying to: Car_man (Sep 17, 2009 2:03 am)

Car_man, please let us know if there's any news on this front. Thanks.
#33 of 37
Re: What are the current lease rates? [dulnev] by Car_man HOST
Oct 07, 2009 (2:23 am)
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Replying to: dulnev (Sep 22, 2009 5:02 am)

There is, dulnev. Lexus boosted its residual values on all models by 3% across the board through the end of the year.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#34 of 37
Re: What are the current lease rates? [Car_man] by dulnev
Oct 14, 2009 (8:22 pm)
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Replying to: Car_man (Oct 07, 2009 2:23 am)

Car_man, I just went ahead and ordered the 2010 GS 450h. I believe I got a very good deal -- $1,000 over invoice. But now I will have to decide whether to buy the car when it comes in or to lease it. Have the lease programs for 2010 GS been released yet? Thank you.

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