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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

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


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#21 of 476
Help with HP12C for leasing... by forthill
Jun 30, 2006 (9:40 am)
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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
#22 of 476
Re: Help with HP12C for leasing... [forthill] by cablondeblue
Jun 30, 2006 (5:55 pm)
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Replying to: forthill (Jun 30, 2006 9:40 am)

Is this what you are looking for?
 
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.
#23 of 476
Good lease price in NE by newkid300
Jul 02, 2006 (11:28 am)
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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.
#24 of 476
Re: A Lease Quote, Part II by cablondeblue
Jul 03, 2006 (8:16 am)
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Replying to: cablondeblue (Jun 27, 2006 9:27 am)

Car_Man overlooked my last leasing question I posted over a week ago. Hopefully he will not do the same to yours. I don't think this Leasing Thread is a very popular one or not many people view it. I will be leasing an ES in the next couple weeks or sooner and need all the information I can get.
#25 of 476
Re: A Lease Quote, Part II [cablondeblue] by newkid300
Jul 03, 2006 (8:34 am)
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Replying to: cablondeblue (Jul 03, 2006 8:16 am)

Cabloneblue,
 
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
#26 of 476
Re: A Lease Quote, Part II [newkid300] by cablondeblue
Jul 03, 2006 (8:54 am)
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Replying to: newkid300 (Jul 03, 2006 8:34 am)

Wow! I think that is pretty good. I am going for the UL Package so the numbers are going to be different. I would recommend getting some other quotes in writing from other dealerships. You may receive a better offer. Go back to the dealer that is closest to you and see if they will beat it.
 
Thanks for your response. I feel loved again. LOL
#27 of 476
Re: A Lease Quote, Part II [cablondeblue] by newkid300
Jul 03, 2006 (9:00 am)
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Replying to: cablondeblue (Jul 03, 2006 8:54 am)

Now I am confusing myself as the SUV has a lease special which may be better than the car. Also, reconfigured for 2007. I really hate this nonsense.
#28 of 476
Re: A Lease Quote, Part II [newkid300] by cablondeblue
Jul 03, 2006 (9:51 am)
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Replying to: newkid300 (Jul 03, 2006 9:00 am)

You? I am down right embarrassed at how I have been going back and forth with picking a color. I don't even post half of the turmoil I have been going though in the main thread because people would think I am nuts.
#29 of 476
Re: A Lease Quote, Part II [cablondeblue] by newkid300
Jul 03, 2006 (6:03 pm)
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Replying to: cablondeblue (Jul 03, 2006 9:51 am)

So here's the deal I did this afternoon. 2007 ES with NAV, and Premium package. MSRP was about $40,300. Sell price was about $39,600/ With 1400 out of pocket, 36 months comes to $608.00 per month with 8.375% tax in the payments. Up front is bank fee, ($600), MV and plates, reg and first month. No security. Getting 15,000 miles. Got black on black. Money factor was .00161. Think I got a pretty good deal - Car_man?
#30 of 476
Re: A Lease Quote, Part II [newkid300] by cablondeblue
Jul 03, 2006 (6:55 pm)
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Replying to: newkid300 (Jul 03, 2006 6:03 pm)

Wow, a money factor of .00161? What is that...an interest rate of 3.8? (If I calculated that right.) How can that be. You must have amazing credit to get it that low.
 
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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