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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

What is this discussion about? Lexus ES 350, Car Leasing, Car Buying, Sedan


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#457 of 466
Re: Is this a good deal for 2010 ES 350? [mikefurm] by carbuyer_2009
Oct 19, 2009 (8:18 pm)
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Replying to: mikefurm (Oct 19, 2009 7:09 pm)

mikefurm, what's the MSRP and your Negotiated Price on this car?
#458 of 466
Re: Is this a good deal for 2010 ES 350? [carbuyer_2009] by mikefurm
Oct 20, 2009 (6:54 pm)
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Replying to: carbuyer_2009 (Oct 19, 2009 8:18 pm)

Dear Carbuyer:
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
#459 of 466
Was this a good deal? by bostonrich
Oct 24, 2009 (4:45 pm)
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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.
#460 of 466
Re: 2010 ES350 [lhatten] by Car_man HOST
Oct 26, 2009 (2:21 am)
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Replying to: lhatten (Oct 13, 2009 6:23 am)

Hi lhatten. Lexus Financial Services' October buy rate lease money factor for a 36 month lease of a 2010 ES 350 with 15,000 miles per year are .00075 and 50%, respectively.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#461 of 466
Re: 2010 ES350 Numbers [lexlease1] by Car_man HOST
Oct 26, 2009 (2:23 am)
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Replying to: lexlease1 (Oct 15, 2009 1:04 pm)

Here you go, lexlease1. Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 ES 350 w/Ultra and 12,000 miles per year are .00235 and 58%, respectively.
 
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
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Prices Paid: Buying & Leasing Experiences Forum
#462 of 466
Re: 2010 ES350 Numbers [Car_man] by lexlease1
Oct 29, 2009 (12:33 pm)
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Replying to: Car_man (Oct 26, 2009 2:23 am)

Thank you very much Car man. What do you think a fair payment for this car would be?
#463 of 466
Re: 2010 ES350 Numbers [Car_man] by wokscott
Oct 29, 2009 (5:05 pm)
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Replying to: Car_man (Oct 26, 2009 2:23 am)

About to go pick up a 2010 Lexus ES350 w/ Nav. MSRP is $40,080 or something around there. 36 months, 12,000 per year., $0 drive off w/ a payment of $536/month. They also included free maintenance. Is this good???
#464 of 466
Re: 2010 ES350 Numbers [wokscott] by wokscott
Oct 29, 2009 (10:39 pm)
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Replying to: wokscott (Oct 29, 2009 5:05 pm)

So here are all the numbers on the 2010 Lexus ES350 w/ Navigation and other smaller options with $0 drive off I just picked up.
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?
#465 of 466
Re: 2010 ES350 Numbers [wokscott] by fredm6
Nov 02, 2009 (12:52 pm)
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Replying to: wokscott (Oct 29, 2009 10:39 pm)

Hi,
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.
#466 of 466
Re: 2010 ES350 Numbers [fredm6] by wokscott
Nov 02, 2009 (2:33 pm)
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Replying to: fredm6 (Nov 02, 2009 12:52 pm)

I'm in Los Angeles... I also had parking assist, rear shade, wood trim and something else added in to the MSRP.

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