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Lexus ES 350 Lease Questions

812 messages,  Last post on May 09, 2013 at 6:14 AM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 12 of 82

#111 of 812 Re: Refresher - ES350 Lease Data [saprissa] by Car_man HOST

Dec 10, 2006 (7:44 am)

Replying to: saprissa (Dec 01, 2006 2:24 am)
Hi saprissa. Lexus is running its famous "December to Remember"' sales event right now. As a result, its lease offers on most vehicles are pretty good this month. This special lease program should not have any impact upon your ability to negotiate an attractive discount on this car's price. I would not be surprised if you were able to negotiate a $2,000 to $3,000 discount on one if you are in an area where there is a decent level of competition. Make sure to stop by the following discussion to see how much other community members have paid for this car lately: "Lexus ES 350: Prices Paid & Buying Experience".
 
Vehicles' money factors are not negotiable, meaning that consumers cannot get dealers to give them a lower money factor on the vehicle that they want than the one that is published by the bank that they lease through. However, dealers are often allowed to mark up vehicle's money factors to add hidden back-end profit to deals. This is why it is important to know exactly what the buy rate is on the vehicle that you want before you agree to lease it. Right now, Lexus Financial Services' buy rate money factor for the 2007 ES 350 is .00245 for consumers who qualify for its Tier 1+ credit tier. Make sure that this is the factor that is used to calculate your car's monthly payment. There should not be any regional variation in this car's money factor or residual values right now.
 
All vehicles today are closed-end leases, so you don't have to worry about your deal being open-ended. Most manufacturers' captive finance companies, like Lexus Financial Services, are very reasonable when evaluating the condition of vehicles at lease-end. The last thing that they want to do is nickel and dime lessees to death, make them mad, and possible cost their parent company a future sale. That would be penny wise and pound foolish. As long as your car is in decent shape at the end of your lease, you should be OK.
 
Car_man
Host
Prices Paid Forum

#112 of 812 Re: Leasing RX 350 07 [vesines] by Car_man HOST

Dec 10, 2006 (7:50 am)

Replying to: vesines (Dec 07, 2006 7:09 pm)
Hi vesines. If you need some tips on how to negotiate a c=good lease, make sure to check out the following article: 10 Steps to Leasing a New Car. Always remember that the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Shop around and negotiate the lowest possible selling price that you can on this car and then have the dealer that you are working with use its "December to Remember" buy rate lease money factor to calculate its monthly payment. You should be able to get an idea of what sort of selling price you will be able to negotiate by visiting the following discussion: "Lexus ES 350: Prices Paid & Buying Experience". Lexus Financial Services' current buy rate lease money factor for this car is .00245 for consumers who qualify for its Tier 1+ credit tier. Let me know if you have any other questions.
 
Car_man
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Prices Paid Forum

#113 of 812 ES350 Lease by atlantarose

Dec 10, 2006 (1:19 pm)

I'm considering leasing the ES250 however there doesn't seem to be any special pricing/rates for the December to remember event. Does anyone forsee any incentives for January?

#114 of 812 2007 ES 350 Buy price by mblover2

Dec 10, 2006 (8:00 pm)

Since this forum tells about prices paid by others I am wondering where to find the price for New ES 350 2007 with Premium package & Navigation. I am in Northern Californiaand would appreciate if someone can post dealershis with good deals.

#115 of 812 Lexus ES 350 Lease Deals by areway

Dec 11, 2006 (10:36 am)

My current Lexus lease ends Jan 2. I'm considering the new ES350. (my 4th Lexus) What is the best current money factor rate (tier 1), 36 month residual (15k per year) and cap reduction I should be working with for a loaded ES 350 est. $44AK msrp).
Ron

#116 of 812 Leasing a car in January or February by vesines

Dec 19, 2006 (4:47 pm)

I have heard that you can really get a good deal leasing or buying a car in January or even better in February. Has anybody heard the same thing??? Appreciate any response. This dealers are getting to me. They advertise one thing but when you get there well that car usually they don't have and the price has jumped $200.00 Man I am sick of them. I hate buying/leasing a car. I feel like I am at the flea market even there I can't bargain. I need help
Thanks

#117 of 812 Re: ES350 Lease [atlantarose] by Car_man HOST

Jan 17, 2007 (4:09 am)

Replying to: atlantarose (Dec 10, 2006 1:19 pm)
Hi atlantarose. Lexus is providing lease support on the 2007 ES 350 in January. If you were to lease a 2007 Lexus ES 350 through Lexus Financial Services right now, its buy rate special lease money factor would be around .00245. Keep in mind though that you have to qualify for LFS' top credit tier to receive this special factor and that Lexus' lease program varies slightly by region.
 
Car_man
Host
Prices Paid Forum

#118 of 812 Re: 2007 ES 350 Buy price [mblover2] by Car_man HOST

Jan 17, 2007 (4:11 am)

Replying to: mblover2 (Dec 10, 2006 8:00 pm)
Hi mblover2. This forum is for community members to discuss leasing a Lexus ES 350. Try looking here for feedback on what sort of price you should pay for one: "Lexus ES 350: Prices Paid & Buying Experience".
 
Car_man
Host
Prices Paid Forum

#119 of 812 Re: Lexus ES 350 Lease Deals [areway] by Car_man HOST

Jan 17, 2007 (4:14 am)

Replying to: areway (Dec 11, 2006 10:36 am)
Hi Ron. Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 ES 350 with 15,000 miles per year are .00245 and 55%, respectively for consumers who qualify for its Tier 1+ credit tier. Lexus' lease program may vary slightly by region. For information on what sort of selling price to expect, check out the following discussion: "Lexus ES 350: Prices Paid & Buying Experience".
 
Car_man
Host
Prices Paid Forum

#120 of 812 Re: Lexus ES350 Ultimate Lease Deal [Car_man] by vegasjoo

Jan 20, 2007 (12:07 am)

Replying to: Car_man (Sep 26, 2006 2:53 am)
Car Man,
 
HELP!
 
I’m new to this forum and looking for some guidance on leasing vehicle.
I’m looking for any advice on how to terminate my current lease and either buy or lease new car. I have two leased cars, 2004 Lexus ES 330 and 2004 Honda Civic LX. ES330 with 60 month lease term with 23 months left on the lease with monthly payment of $523.69 (tax included) and Civic LX with 36month lease term with 7months left of lease with monthly payment of $247.89.
I don’t have residual value on either vehicle…..I’m really not a savvy buyer/leaser….
Also I just received a flyer from Jim Falk Lexus in Beverly Hills CA on special weekend promotion that they will buy all leased vehicle regardless of condition, terms, mileage, etc.
Is this another sales gimmick? Would they both of my lease and work out great deal?
 
Would any other dealer would consider buy out my lease and buy or lease new car or is this special promo?
 
I really want to replace both cars with Infinity G35 Coupe (buy) and Audi A4 (lease current promotion).
 
HELP!!!!
 
Thank you!

Messages Page 12 of 82

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