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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

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


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#235 of 478
December to Remember by nc_driver1
Dec 01, 2007 (6:00 am)
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Hi Carman,
Could you please let me know what is the current Lexus 350 lease promotion under this year-end event?
I qualify for a Tier 1 credit.
Thanks a lot.
#236 of 478
residual value and money factor by ghcrbyr
Dec 01, 2007 (6:39 pm)
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I have been quoted a residual value of 55% and a .0023 money factor on a 3 year lease for a 2008 ES350 with 12000 miles/year? Any feeling as to whether these are high/low, reasonable/unreasonable numbers?
#237 of 478
July Incentive vs December to Remember by jmatgg
Dec 26, 2007 (1:48 pm)
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I understand that the next round of Lexus lease incentives is July. Does anyone know the difference between the July incentives and the December to Remember incentives? Will I get a better deal by waiting until July with their incentives plus near the end of the model year? Are they anticipating making significant changes to the ES 350 for 2009? When do the 2009's come out?
Thnaks for info.
#238 of 478
Re: residual value and money factor [ghcrbyr] by ocautoseeker
Dec 28, 2007 (3:01 am)
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Replying to: ghcrbyr (Dec 01, 2007 6:39 pm)

Those numbers are spot on.
#239 of 478
ES December to Remember MF? by ntlwhsle
Dec 29, 2007 (10:04 am)
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I wanted to be sure of the post above. Is the Dec to Remember rates 55% and a .0023 money factor on a 3 year lease for a 2008 ES350 with 12000 miles/year?
 
The IS money factor is .00155 so the ES would be higher?
 
thanks..
#240 of 478
Re: ES December to Remember MF? [ntlwhsle] by ntlwhsle
Dec 29, 2007 (11:03 am)
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Replying to: ntlwhsle (Dec 29, 2007 10:04 am)

also my lexus dealer says that the Money factor reduction is only .0008 with every multiple sec deposit.
#241 of 478
Re: ES December to Remember MF? [ntlwhsle] by ocautoseeker
Dec 29, 2007 (4:20 pm)
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Replying to: ntlwhsle (Dec 29, 2007 10:04 am)

Yes, 55% residual (36 mo/12k) .00230 buy rate MF on the ES.
 
All models' money factors vary (set by the bank). The IS rate is much better than the ES right now.
 
In regards to the MSD's. .00008 discount sounds about right. I've seen it from .00007-.00010. Unless LFS is paying you interest to hold "your money", no reason for a MSD. Just my opinion, of course.
 
Good luck!
#242 of 478
Jan Residuals for ES350? by robpac
Jan 11, 2008 (5:25 am)
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Have they posted the new residuals and money factors for ES350? The local dealer website is still showing the "December to Remember" event although it says it expired 1/2/08.
 
Thanks.
#243 of 478
Lease rate for a 2008 ES by nomisny
Jan 22, 2008 (1:20 pm)
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15k/year, one luxury package ($3,820) most options -- NO navi.
MSRP = $38,405.00 incl. destination.
Any ideas on what a good payment would be?
 
I'm in the NYC area. Thanks.
#244 of 478
Re: Jan Residuals for ES350? [robpac] by Car_man HOST
Jan 29, 2008 (3:16 am)
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Replying to: robpac (Jan 11, 2008 5:25 am)

Hi robpac. Lexus has published its new January lease program for the 2008 ES 350. Unfortunately it is not providing lease support on it this month. As a result, if you were to lease one through Lexus Financial Services right now, you would have to use its standard lease program. LFS' current buy rate standard lease money factor is .00255 for consumers who qualify for its Tier 1+ credit tier. Its residual values for the '08 ES 350 vary by term and mileage allowance. The 36 month, 15,000 mile per year for one without the Ultra Luxury package is currently 54%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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