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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 13 of 82

#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!

#121 of 812 Lease by carrelman2

Jan 20, 2007 (12:43 pm)

If you are interested in an Infinity or an Audi why are you in the Lexus lease message center?

#122 of 812 feb money factors by oscar8

Feb 05, 2007 (6:26 pm)

what should the money factor be on 07 es350? this is for a 36mth lease with 12k mi. do money factors change month to month?

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

Feb 10, 2007 (7:36 pm)

Replying to: vegasjoo (Jan 20, 2007 12:07 am)
Welcome vegasjoo. Unfortunately, as you have found out 60 months is way too long to lease a vehicle for. Most consumers who lease for 60 months end up wanting to or needing to get out of their lease early. I am sorry to say that it is usually fairly expensive to get out of leases well before their scheduled end dates. In order to do so, you need to purchase the vehicle that you are currently leasing from the bank that you are leasing it through. It often turns out that it costs more to do so than your vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive.
  
You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Some of our most knowledgeable community members often visit that discussion they are often kind enough to give others their opinions on vehicles' values. Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle.
 
Car_man
Host
Prices Paid Forum

#124 of 812 Re: feb money factors [oscar8] by Car_man HOST

Feb 10, 2007 (7:59 pm)

Replying to: oscar8 (Feb 05, 2007 6:26 pm)
Hi oscar8. Lexus' current lease program is only scheduled to run through February 28th. It is not currently providing any lease support on the 2007 ES 350. As a result, if you were to lease one through Lexus Financial Services, you would have to use its standard lease program. LFS' buy rate standard lease money factor varies slightly by region, but it should currently be around .00275 for consumers who qualify for its "Tier 1+" credit tier. Its current 36 month, 12,000 mile per year residual value for the 2007 ES 350 is 57%.
 
Car_man
Host
Prices Paid Forum

#125 of 812 March Money Factors? by rwarrencfp

Mar 01, 2007 (3:39 pm)

Does anyone have the money factors and residual for March on the ES350?
 
36 months 12k miles
48 months 12k miles

#126 of 812 Re: March Money Factors? [rwarrencfp] by rwarrencfp

Mar 09, 2007 (6:23 pm)

Replying to: rwarrencfp (Mar 01, 2007 3:39 pm)
Anyone have these numbers?
 
Does anyone have the money factors and residual for March on the ES350?
  
36 months 12k miles
48 months 12k miles

#127 of 812 Re: March Money Factors? [rwarrencfp] by Car_man HOST

Mar 12, 2007 (4:00 am)

Replying to: rwarrencfp (Mar 01, 2007 3:39 pm)
Hi rwarrencfp. Unfortunately, Lexus is not providing any lease money factor support on the 2007 ES 350 in March. As a result, if you were to lease one through Lexus Financial Services right now, you would have to use its standard lease program. Its buy rate standard lease money factor varies slightly by region, but it currently should be around .00275 for all terms for consumers who qualify for its "Tier 1+" credit tier. Its current 36 month, 12,000 mile per year residual value for the '07 ES 350 is 57%. Its residual for a 48 month, 12k lease should be 47%.
 
Car_man
Host
Prices Paid Forum

#128 of 812 Re: March Money Factors? [Car_man] by rwarrencfp

Mar 12, 2007 (8:58 am)

Replying to: Car_man (Mar 12, 2007 4:00 am)
Thanks Car_Man!

Messages Page 13 of 82

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