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Lexus ES 350 Lease Questions

476 messages, Last post on Dec 05, 2009 at 7:08 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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I was able to use my HP12C many years ago for lease calculations but for the life of me I cannot quite get it right any more (must be age-related). Anybody using an HP12C that can give me the correct key strokes for doing the calcs? (given msrp, sell price, rv, term, etc) *Or point me somewhere where I can view the user guide which I think has lease examples in it. Thanks! forthill
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Replying to: forthill (Jun 30, 2006 9:40 am) http://www.edmunds.com/advice/leasing/articles/48365/article.html It took me a while but I think I have master it. I also put it on a spread sheet so that it calculates the payment for me. |
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Car_man I am in NYC and looking to lease an ES350 for 36 months, 15,000 miles. I really don't want to put anything down except security and first month. I know the money factor is .00245 and the residual is 60%. On the lexus site the MSRP for the following is $37,690.00 (actually $37,685.00) and the TMV on Edmunds is $37,690.00. The package is the Premium package which is High intensity headlamps, heated and ventilated front seats, wood and leather trimmer steering wheel and shift know, bluetooth, FS spare, rear seat airbags. The website includes a delivery process and handling fee of $695.00 to get to the $37,685.00. Price. What would a good lease deal be? Thank you.
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Replying to: cablondeblue (Jun 27, 2006 9:27 am)
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Replying to: cablondeblue (Jul 03, 2006 8:16 am) I spoke to a dealer this morning. Offer was $589.00 per month with taxes in the payments. Car has premium package, sunroof pkg, park assist, wood/leather wheel/ rear A/B, wheel locks, cargo net and all weather mats for MSRP per him of $38,379.00. He told me the Net Cap at $37,579.00. TMV said vehicle would not go under MSRP. Think I also can get him down prob $10-15 per month to close the deal. Lease is 36 months, 15K miles
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Replying to: newkid300 (Jul 03, 2006 8:34 am) Thanks for your response. I feel loved again. LOL
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Replying to: cablondeblue (Jul 03, 2006 8:54 am)
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Replying to: newkid300 (Jul 03, 2006 9:00 am)
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Replying to: cablondeblue (Jul 03, 2006 9:51 am)
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Replying to: newkid300 (Jul 03, 2006 6:03 pm) So last time I chatted with you this morning, you were thinking of leasing the SUV. LOL What happened? You moved in pretty fast on that one. Black on Black. Nice!
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