- #31 of 38
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Re: What are the current lease rates? [dulnev]
by Car_man HOST
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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 38
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Re: What are the current lease rates? [Car_man]
by dulnev
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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.
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- #33 of 38
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Re: What are the current lease rates? [dulnev]
by Car_man HOST
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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
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- #34 of 38
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Re: What are the current lease rates? [Car_man]
by dulnev
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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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- #35 of 38
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Re: What are the current lease rates? [dulnev]
by vigorlover
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Oct 15, 2009 (10:32 am)
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Replying to: dulnev (Oct 14, 2009 8:22 pm)
I have had my 2009 GS450h since March (purchased for about the same deal you got), 7800 miles on it so far, and it has been great. Computer says overall 26.5mpg, which is a little better than the EPA ratings.
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- #36 of 38
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Re: What are the current lease rates? [dulnev]
by Car_man HOST
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Oct 27, 2009 (1:38 am)
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Replying to: dulnev (Oct 14, 2009 8:22 pm)
Hey dulnev. $1,000 over is a pretty good deal. I have seen the lease program for this car. Lexus Financial Services' October buy rate lease money factor and residual value for a 36 month lease of a 2010 GS 450h with 15,000 miles per year are .00255 and 53%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.
Car_man
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- #37 of 38
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Re: What are the current lease rates? [Car_man]
by dulnev
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Oct 28, 2009 (10:25 am)
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Replying to: Car_man (Oct 27, 2009 1:38 am)
Thank you very much for the information, Car_man! This is pretty encouraging. The residual I had on the 2007 GS450h was 52% with 12K miles. Do you happen to know how many percentage points Lexus adds to the residual for going with 12K miles as opposed to 15K?
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- #38 of 38
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Re: What are the current lease rates? [dulnev]
by Car_man HOST
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Nov 17, 2009 (3:07 am)
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Replying to: dulnev (Oct 28, 2009 10:25 am)
You're very welcome, dulnev. Lexus Financial Services adds 2% to its 15,000 mile per year residual values for leases with only 12,000 miles per year.
Car_man
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