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Prices Paid: Buying & Leasing Experiences Lexus ES 350 Lease Questions
466 messages, Last post on Nov 02, 2009 at 2:33 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: mikefurm (Oct 19, 2009 7:09 pm)
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Replying to: carbuyer_2009 (Oct 19, 2009 8:18 pm) The base price for 2010 ES 350-$34800 plus $1785 for options. I only negotiated for the amount of monthly payment-$515 (tax included) with zero downpayment. The other dealer offered $540 and $1650 out of pocket |
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I have never leased before so I want to be sure this is a good deal. For a 2010 Lexus ES350 with all the extras including the Navigation package sticker is $39,000 in the Boston area. The yearly mileage allowed is 15,000. We have A+ credit, and traded in an old 2001 lexus for $7000 (KBB said $5400 to $6400, and it was in a bad accident, so we were happy with that.) They also noted on the paperwork a $1500 rebate. We put no money down and they covered the first payment. The residual value is going to be $22,480 which we were fine with because we have no intention of purchasing it. The monthly payment quoted for this is 35 payments of $399. I don't know what they used for a rate or money factor, so now that I'm reading up on leasing more I'm not sure if this is as good as it sounds. Any input is very appreciated. |
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Replying to: lhatten (Oct 13, 2009 6:23 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: lexlease1 (Oct 15, 2009 1:04 pm) I realize that the car that you're interested in is equipped with the Ultra package, but still $700+ per month for a Lexus ES is nuts. There's lots of better cars out there that you could lease for less than that. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Oct 26, 2009 2:23 am) |
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Replying to: Car_man (Oct 26, 2009 2:23 am)
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Replying to: wokscott (Oct 29, 2009 5:05 pm) MSRP $40,025 Invoice $36,021 Cap Cost $36,479 Residual $24,015 (60%) MF .00235 Term 36 Months Miles 12,000 per year Payment $536 per month They also paid $1,092.14 which included first payment, tags and fees. Leaving me with only 35 payments. Do you guys think I did okay on this?
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Replying to: wokscott (Oct 29, 2009 10:39 pm) This deal sounds fabulous. My wife is looking and we have been to a couple of dealers and are getting quotes not that good on a $37060 MSRP. Would like one just like yours. What state are you in??? These are our first quotes, so I know they still have some room to deal. What packages did you get to make that MSRP in addition to the NAV.
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Replying to: fredm6 (Nov 02, 2009 12:52 pm) |
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