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Lexus ES 350 Lease Questions

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

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

Messages Page 17 of 82

#157 of 812 Re: Current ES lease rates? [zona330] by Car_man HOST

May 15, 2007 (2:51 am)

Replying to: zona330 (Apr 27, 2007 3:45 pm)
Hey Zona330. The highest mileage allowance that Lexus Financial Services publishes residual values for is 15,000 miles per year. One can lease a vehicle through it with more miles than this, but in order to do so they have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until the end of your lease and have to pay an excess mileage penalty.
 
According to the latest information that I have seen, Lexus Financial Services' buy rate lease money factor and residual value for a 24 month lease of a 2007 Lexus ES 350 with 15,000 miles per year are .00275 and 60% for consumers who qualify for its Tier 1+ credit tier.
 
Car_man
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Prices Paid Forum

#158 of 812 Re: Lease figures for ES350 w/prem pkg [sparky33] by Car_man HOST

May 15, 2007 (2:57 am)

Replying to: sparky33 (May 08, 2007 11:39 am)
Hi sparky33. Why is this car's sticker price so much higher than the MSRP that is listed for it on this site? Does it have dealer installed equipment or ADM (Additional Dealer Markup)? This prices should be pretty close. It is important to have the MSRP right, because the selling price that you were quoted either represents a $2,000 discount or almost no discount at all. There's a big difference there. Either way, I personally would try to get a selling price that is $500 to $1,000 over dealer invoice on a 2007 Lexus ES 350 right now. I suspect that the price that was used to arrive at the first quote you were given is higher than that. The second quote looks better, but it is difficult to say what selling price it is based upon. You should really find out this car's exact MSRP and selling price, along with the money factor that is being used to calculate its monthly payment before finalizing your deal.
 
Car_man
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Prices Paid Forum

#159 of 812 Re: Looking for best ES350 lease SoCal O.C. [telman1] by Car_man HOST

May 15, 2007 (3:00 am)

Replying to: telman1 (May 10, 2007 10:25 pm)
Hi telman1. The car that you are interested in has a spread of around $4,700 between its full MSRP and dealer invoice price. That is actually the exact discount that you are being given on it. This looks like a very good price to me. Just make sure that the dealer you are working with uses Lexus Financial Services' buy rate lease money factor to calculate your monthly payment and you're in business.
 
Car_man
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Prices Paid Forum

#160 of 812 Re: Lexus ES350-Thanks to You [Car_man] by orlandofl0

May 17, 2007 (1:22 pm)

Replying to: Car_man (May 15, 2007 2:44 am)
Car_Man:
I am having trouble with the lease calculator. What I would like to know is what the payment should be given all of the same info for closer43 (same car and lease details) except for a no-money or minimum down payment. Would it just be about $5000/36 (around $140) more per month?
 
Thanks.

#161 of 812 Best time of year to get a deal on a lease by hill0523

May 18, 2007 (11:32 am)

I am in the market for an ES350. I could lease it anytime in the next 5 months. Will there be any benefit in price or lease terms by waiting? Thanks

#162 of 812 Re: Lexus ES350-Thanks to You [closer43] by lukesdaddy

May 24, 2007 (11:00 am)

Replying to: closer43 (Apr 28, 2007 7:50 pm)
closer43,
 
Just for clarification as I am in Orlando and considering a lease on the 350, you put $5,000 down and are paying $458/month? For 36 months and 12,000 miles and this was on a vihicle with a 37k sale price?
 
Please confirm if I read your post correctly.
 
Thanks,
Lukesdaddy.

#163 of 812 08' ES 350. by lukesdaddy

May 29, 2007 (10:15 am)

To anyone that can help,
 
Does anyone know what the spread between MSRP and invoice is on a base model 08' ES? It is not on the Edmunds yet. Also do we know what the current money factor and risdual are for excellent credit rating?
 
Thanks,
Lukesdaddy

#166 of 812 Is this a good deal and can I negotiate better deal? by dengel

Jun 09, 2007 (2:19 pm)

I can lease a 2007 Lexus ES 350 Premium Package (No NAV) for $553 a month. My terms are 36 months, 15,000, $1000 downpayment, CAP COST=$33,404, Residual=$20,188.
 
I can also lease a 2008 Lexus RX 350 Premium Package Plus 2WD (No NAV) for $568 a month. My terms are 36 months, 15,000, $1,000 downpayment, CAP COST=$37,360, Residual=$23,237.
 
What do you think of these two deals? How much/can I get the dealership to lower the monthly payment?

Messages Page 17 of 82

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