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Lexus ES 350 Lease Questions

475 messages,  Last post on Dec 04, 2009 at 7:39 PM

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

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#258 of 475 Re: 08 Lexus ES350 April lease figures [ocautoseeker] by ocautoseeker Apr 16, 2008 (2:04 pm)
Replying to: ocautoseeker (Apr 15, 2008 10:39 pm) Forgot to mention that you need to add 2% to the residual to adjust for 12k annual miles, therfore the vehicle carries a 54% residual.
#260 of 475 es350 by zachisrael Apr 21, 2008 (9:24 am)
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
#261 of 475 Lease terms ES350 by philz46 Apr 21, 2008 (6:45 pm)
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
#262 of 475 Lease terms ES350 by philz46 Apr 21, 2008 (6:48 pm)
I forgot to put in the price $449.49 + 9% lease tax, $489.94.   Phil
#263 of 475 Re: ES 350 lease rate [ocautoseeker] by Car_man HOST Apr 22, 2008 (2:15 am)
Replying to: ocautoseeker (Mar 18, 2008 12:31 am) Great answers, ocautoseeker. It's great to have informed community members like yourself who are able to answer questions for others. Thanks for the help. Keep up the good work .   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#264 of 475 ES 350 lease in Mass. by car2008 May 06, 2008 (7:03 pm)
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! Replies to this message: ocautoseeker (May 06, 2008 10:42 pm) car2008 (May 07, 2008 8:26 am)
#265 of 475 Re: ES 350 lease in Mass. [car2008] by ocautoseeker May 06, 2008 (10:42 pm)
Replying to: car2008 (May 06, 2008 7:03 pm) Is the dealer rolling in your 1st mo payment, acquisition fee + dmv fees, or are you paying them at signing?   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. Replies to this message: car2008 (May 07, 2008 8:26 am)
#266 of 475 Re: ES 350 lease in Mass. [ocautoseeker] by car2008 May 07, 2008 (8:26 am)
Replying to: ocautoseeker (May 06, 2008 10:42 pm) The drive off amount is roughly $850, incl 1st month payment and Title/Reg fees.   The money factor they used is 0.00155 but they do get evasive on that.   How do we know the current LFS MF and how to convince the dealer of that?   Thanks!
#267 of 475 ES350 Lease in Fla by colslick May 07, 2008 (12:32 pm)
I've had 2 dealers quote leases with higher MF than the .00125 Apr rate . I don't know if the May rate went up or they are inflating for profit. Does anyone have the May rates for 36/15K. Also they quoted me an msd rate of .0000875 per each deposit instead of .0001. Is this an LFS change or another profit pool for dealer? I know BMW lowered theirs some time ago.   Thanks for any help here. Replies to this message: ocautoseeker (May 11, 2008 10:28 pm) colslick (May 12, 2008 6:00 pm) ocautoseeker (May 13, 2008 12:19 am) jpackel (May 23, 2008 4:54 pm)

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