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Prices Paid: Buying & Leasing Experiences Lexus ES 350 Lease Questions
472 messages, Last post on Nov 25, 2009 at 12:37 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: cablondeblue (Jun 12, 2006 8:55 pm) Car_man Host Prices Paid Forums |
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| Has anyone checked into or used lease- by-tel. They seem to be legit and the quotes they gave me are about 20% lower than dealer prices. | |
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Replying to: sgtslate (Jun 18, 2006 12:27 pm) forthill |
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Replying to: sgtslate (Jun 18, 2006 12:27 pm) I was just wondering where you got these residual values. If you don't mind telling me the website you got them from, I would love to prove to my salesperson that the residual values she's been quoting me have been, as I suspected,low all along. Surprise, surprise. G
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Replying to: gsense (Jun 23, 2006 3:54 am) forthill |
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My dilemma: My cash is tied up in real estate so until I sell should I lease 24 or 36 mo. then pay cash to buy the car at the end of the lease? I keep cars for 5-6 years. 15,000 miles/yr. Would I save more by financing 100% of the purchase for 2 yrs then paying it off? Lease Term Purchase price: $39,000 Residual 24 mos. $25,740 Residual 36 mos. $23,400 Money Factor: .00245 Security deposit: $9000 |
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I managed to catch the very tail end of a TV commercial here in NY about the ES350 and some 'attractive leasing deals'. Did anyone see the commercial or know if there is indeed any leasing deals on the ES? *Not sure if it would be a regional thing. Thanks, forthill |
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I look at this quote as just the winning dealership to get me in the door to begin to negotiate. (LOL) Let me know what you think? How much better can I do? 36 Months 15,000 miles MSRP: $43,788.00 Residual Value (60%) $26,272.80 Dealer Cost (Supposedly): $38,563.00 Selling Price: $39,763.00 Total Cap Cost: $40,363.00 Vehicle Mark-up: $1,200.00 Buy Rate (Money Factor): .00275 (I have been quoted .00265 elsewhere but not with the same numbers.) Payment $574.64 + 8.25% Tax + $622.05 I know people don't recommend putting money down but maybe just a little would get the payment down even further. Also, someone in another forum wrote this: (Let me know your thoughts.) "One way to go is if your dealer allows you is to make multiple security deposits at signing. What I'm doing is leasing mine at cost, laying out around $5K at signing. $1,500 is out of pocket that I wont be getting back. The remaining money makes up 8 or 9 security deposits. These will be refunded to me when the lease is up. So basically by investing this extra money I will be lowering my payments by almost $100 per month, resulting in about a 20% return on my deposit. It's a good deal if you can afford to lay out the cash for the term of the lease. My monthly payments will be just above $400/mo." I think that is enough Math questions for one day? (Brain overload)  LOL
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Replying to: cablondeblue (Jun 27, 2006 9:27 am) mark-up is. Maybe you could negotiate that part out? Also, is this with $0 down?
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Replying to: maximafan (Jun 27, 2006 10:54 pm) 
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