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Prices Paid: Buying & Leasing Experiences Lexus ES 350 Lease Questions
478 messages, Last post on Dec 05, 2009 at 11:14 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: rwarrencfp (Mar 12, 2007 7:58 am) |
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HI! Please excuse a stupid question, but how do you get the residual value? I know it is a percentage of the MSRP, but how do you get this percentage? Also, has anyone used a Leasing service? Anyone used D&M Leasing in Dallas? Did they (or ANY service) save you money? I was thinking of using a service as there are no immediate Lexus dealerships, and the 1 that is within 200 miles of me will not deal. The service says they work with Lexus dealers everywhere and can get me the best deal. I was also wondering what the leasing co. gets out of it to make there leasing rates so much "lower"? Is there anything I should look out for? Sorry for all the questions, but dealerships DO tend to try and take advantage of women, and I want to be as fully prepared as possible THANKS for all the help in advance.
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Replying to: tocapalla (Mar 14, 2007 3:09 pm) 
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Hi, The ES350 is on TV for 399 per month without tax, title. How much more per month should it be if the only change is to a car with NAV, and no cap cost reduction. (Still without tax which is paid by buyer up front to the state). Thanks!
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Hello. I am thinking of assuming a lease of an '07 ES350, and need some help figuring out the final monthly payment. His lease of $607.00 includes taxes (6.5%-FL). In MS, my state, all I have to do is pay for the tag, which is about $900.00. YES, the amt. is correct. Anyway, do I just deduct 6.5% from the monthly payment? This gives me $567.55, which seems about right. Is this how it should be done? Please help, and THANKS in advance.
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Carman, Just sign up for this lease... hope did not get ripped off.  Cap: $38,454 Residual: 46% Term : 48 months Rent Charge: $5,104 Down Payment; $1,000 (includes tags, etc) Miles: 12k/Year Monthly Payment: $550.18 Premium Package w/ Nav back up camera and all the toys.
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Replying to: tocapalla (Apr 04, 2007 1:07 pm) I think you have it right. No tax in MS? wow I am moving there. Make sure the lease does not have a termination fee if you want to return the car at the end. $900 for a tag? wow~!. I just got my es350 for $550 a month. All toys |
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Help!! I'm really confused and do not know what to tell the person tomorrow about assuming his lease. The car is a '07 ES350 with UL package. MSRP was $43,383. Person told me he got it for $40,000, and he put $2,000 down. His 36 monthly payments are $607.00, including taxes. There are 28 months left on the lease. My monthly payments would be about $595.00, no termination fee. The lease end buy-out is $26,393.40. What I do not get is if he got the car for $40k, put $2k down,makes 36 payments totaling $20,431.62(without taxes), then why is the lease end pay off so high? That would make the total cost of the car, without taxes, to be about $46, 825.02. What am I missing here? Is this a bad deal? Should I take the $850. it will cost me to get it shipped and put it down on a new lease? All the dealers and leasing companies I've talked to were in the $700-$750 range with 0 down. PLEASE help! I do not want to miss out if it is a good deal, but do not want to make a very bad deal. THANKS ever so much for any help anyone can give me!
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Replying to: rwarrencfp (Mar 12, 2007 7:58 am) Car_man Host Prices Paid Forum |
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Replying to: tocapalla (Mar 14, 2007 3:09 pm) Car_man Host Prices Paid Forum |
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