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Lexus ES 350 Lease Questions

475 messages,  Last post on Dec 04, 2009 at 7:39 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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#31 of 475
Re: A Lease Quote, Part II [cablondeblue] by forthill
Jul 04, 2006 (6:14 am)
Reply

Replying to: cablondeblue (Jul 03, 2006 6:55 pm)

Yes, how is that possible? Even for returning LFS customers the money factor was .00255 (that was before July 1st, I think they have gone up since then).
Also, the residuals were to have gone up on July 1st.
 
forthill
#32 of 475
How back into selling price given payment? by sammys
Jul 04, 2006 (9:41 am)
Reply
Hello.
What is the easiest way to back into the dealers selling price if I know everything, including monthly payment?
 
I know the RV % and amount, money factor, term, msrp.
 
Does anyone have, or know of, a spreadsheet available where I might just plug in numbers to see the affect?
 
Thanks!
SammyS
#33 of 475
Re: A Lease Quote, Part II [cablondeblue] by newkid300
Jul 04, 2006 (4:34 pm)
Reply

Replying to: cablondeblue (Jul 03, 2006 6:55 pm)

I don't know how the money factor was so low. I told him that I had a dealer in NJ for 589.00 per month with same out of pocket (for a non-NAV). I guess he just wanted to get the deal done. It was with a very reputable dealer on Long Island. Regarding the SUV, I sat in it and my right arm fell off the armrest. I know it may sound like a small thing but in a truck that costs $43K the armrest should be wide enough to not have this happen to a driver who is 6 feet tall and 220lbs. Stupid as it sounds, I got in the truck several times and made sure that I was centered in the seat and each time, my arm fell off toward the middle of the car. After that, I did not want it. Hopefully, I will be picking up the car on Thursday or Friday. I really can't wait and am much more excited than I was for my 2004 Acura TL (that was totalled while parked last Thursday night thanks to some idiot)
#34 of 475
Re: A Lease Quote, Part II [newkid300] by maximafan
Jul 04, 2006 (8:36 pm)
Reply

Replying to: newkid300 (Jul 04, 2006 4:34 pm)

Newkid, sorry about what happened to your
 TL. Talk about freak accidents!
 I agree with you about that silly armrest on
 the RX SUV. I also am interested in that
 vehicle from Lexus. What's with that style
 of armrest anyway? Those are usually found
 on minivans, not SUV's. I wish Lexus would
 just redesign the center console higher up
 to also be used as an armrest instead of that
 hideous armrest connected to the seat. I
 think the GX SUV has this also.
 
 Lexus, if any of you are listening, get rid
 of those silly armrests!!!
#35 of 475
Re: How back into selling price given payment? [sammys] by cablondeblue
Jul 05, 2006 (5:49 am)
Reply

Replying to: sammys (Jul 04, 2006 9:41 am)

SammyS,
 
I just used Excel software to create a spreadsheet that calculates the entire formula for me. I put in several scenarios and printed them out. That way I am not fumbling with my calculator and trying to keep up with all the numbers they throw at me.
 
I have to appear like I know what I am doing in there, you know.
 
 
#36 of 475
Re: A Lease Quote, Part II [maximafan] by cablondeblue
Jul 05, 2006 (5:56 am)
Reply

Replying to: maximafan (Jul 04, 2006 8:36 pm)

Now you have me curious about these mysterious armrests. What are they sloped inward? LOL. Even though I am not interested in the SUV, the next time I go to the dealer, I will have to try them out.
#38 of 475
Current Lease Quote by sammys
Jul 05, 2006 (7:44 am)
Reply
Ok, here's the quote I received from a LI NY dealer (it was valid as of 6/30/2006):
Premium package, 36 months 12k miles, msrp of 37400, sell for 35425, payment of $489.
  
What do you all think?
Also, does anyone know the current money factor from LFS (it was .00255)
 
SammyS
#40 of 475
Leasing Questions??? by robynl
Jul 05, 2006 (9:18 am)
Reply
I am getting ready to lease ES350 UL. Several questions:
 
What is the money factor (Excellent credit) and can that vary by dealer and region?
What additional fees should I be expected to pay and which can I negotiate out? Is doc. fee and acquisition fee the same thing?
Can I pay the taxes and additional fees up front instead of putting them in my lease payment? Not sure I will want to do that, just asking? Is this not a good idea? I'd like to keep payment down.
I got a quote of$1000 off sticker price of $44,044. They've had one UL at my dealership since they introduced the ES.
Based on my lease calculations thru Edmunds I come up with a payment of about $676 including the tax.
Money factor of .00255
Residual of 60%
No extra money down
 
This seems rather low compared to others. Am I figuring something incorrectly?

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