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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
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Replying to: geojre (Apr 15, 2008 7:12 am) '08 ES 350 (non Ultra-Luxury) 36 Mo – Residual 52% – .00125
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Replying to: geojre (Apr 15, 2008 7:12 am) |
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Replying to: ocautoseeker (Apr 15, 2008 10:39 pm) |
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hello i am in dallas tx and was offered this weekend a lease for es350 with nav package 36 months 15k , $720 first payment (first month and tax etc) monthly is 590 msrp was around 42500 sale price was 38300 are those good numbers? thanks in advance |
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I just got a price quote on a Tier 1 - Sign N Drive lease on an ES350 from PA dealer. Here are the details: List price: $42025, selling price $3799, dealer cost $37930.80 Cash down $3500 Inception fee $694.94, excess /equity $2805.06 Residual value $21853 (52%) Mileage adjust $840.50 Mileage adjust +2% Annual miles 12000 Discount/Buy Rate .001350 Not having shopped leases in a while, how does this compare? Thanks, Phil |
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I forgot to put in the price $449.49 + 9% lease tax, $489.94. Phil |
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Replying to: ocautoseeker (Mar 18, 2008 12:31 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Following is the deal in MA: ES350 navi + prem plus + few extras MSRP: 42314 (new price this week) invoice: 37520 sale price = invoice price no cap reduction 36mo/12K Residual: 23117 $543 per month (incl 5% tax) Is this a good deal? Thanks!
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Replying to: car2008 (May 06, 2008 7:03 pm) Reason I ask: Based on LFS's current numbers, with the numbers you provided, that lease (including tax) should have you at monthly payments of $499.67. Now, if you capped all of the above into your lease payments so that $0 was due at inception, then $543 sounds more reasonable. If this is not the case, they probably inflated your rate. Be sure that they are utilizing the base rate money factor of .00125.
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