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Lexus ES 350 Lease Questions

364 messages,  Last post on Sep 01, 2008 at 9:59 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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#306 of 364
Lease ES 350 from Parker Lexus, Little Rock, Ar by sousixer
Jun 05, 2008 (9:50 pm)
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Does anyone have any recent experience in leasing a Lexus ES 350 from Parker Lexus in Little Rock, AR? I talked with them last weekend and their offer was based on only $2000 below MSRP. Is that the going discount here in Arkansas, or what would be a reasonable discount for lease purposes? I keep reading where others around the country are getting invoice pricing or below. Thanks.
#307 of 364
ES350 Lease price question by john252
Jun 08, 2008 (6:19 am)
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Hi all ES350 fans,
 
Just got my order on Smoky Granite ES350 with black leather interior from a NY dealership. I'll go pick the car in a few days.
These are the options:
 
NV : Lexus Premium Audio w/Navigation
 PT : Premium Plus Package
 HL : HID Headlamps w/Adaptive FrontLighting
 PA : Intuitive Parking Assist
 WU : Wood and Leather Steering Wheel
 FS : Full-Size Spare Tire
 BE : Rear seat side airbags
 Z1 : Port installed accessories: Wheel Locks, CargoNet and trunk mat
 
1K, 5K, 10K service included free by dealer
15% off service x 36 months by dealer
 
Got the car for 36 months, 10K/year with $2565 down and $439/month for a selling price of 36,403.
Please tell me what you think.
#308 of 364
ES350 lease 36M/15K by jlloren
Jun 09, 2008 (8:29 am)
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36M/15K. Tungsten Pearl/Black interior Ultra Lux, Mark Levinson and Park Assist. MSRP 44,925 + chrome wheels. Total MSRP 46629. Selling price 39,336 + 600 acquisition fee+ 45 document preparation + 28 electronic DMV for total of 40,009. Cap reduction of 1000 (loyalty bonus) brings the Adjusted Capitalized cost to 39009. Total drive off from me 983.35 (first month + registration). Money Factor .00135 brings the monthly payment to 529.42 + tax. Residual 22962.
#309 of 364
Re: ES350 lease 36M/15K [jlloren] by nydesi80
Jun 09, 2008 (9:01 am)
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Replying to: jlloren (Jun 09, 2008 8:29 am)

Hey Jon can you tell me which NY dealership this was with because I'm looking to get the same car as well. Seems like a good deal to me.
 
When you mean premium audio you mean the Mark Levinson right?
#310 of 364
Re: ES350 lease 36M/15K [jlloren] by ocautoseeker
Jun 09, 2008 (12:51 pm)
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Replying to: jlloren (Jun 09, 2008 8:29 am)

That's a great deal!!!
#311 of 364
Re: ES350 lease 36M/15K [nydesi80] by jlloren
Jun 09, 2008 (3:09 pm)
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Replying to: nydesi80 (Jun 09, 2008 9:01 am)

This is not in NY is in Southern California.
#312 of 364
Re: ES350 Lease price question [john252] by nydesi80
Jun 09, 2008 (11:09 pm)
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Replying to: john252 (Jun 08, 2008 6:19 am)

Hey Jon can you tell me which NY dealership this was with because I'm looking to get the same car as well. Seems like a good deal to me.
  
When you mean premium audio you mean the Mark Levinson right?
#313 of 364
Lease ES350 [Houston, TX] by mrusso
Jun 24, 2008 (6:56 pm)
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On ES350, I was offered $520/mo lease with $1500 down for 10k mi/yr, 36 mo includes nav system and XM radio. Is this a good deal, car_man? I don't know the MF. I will probably just lease again at the end of the 36 months so I am not so interested in factors - basically, the lowest bottom line monthly payment is my main focus. Thanks!
#314 of 364
Re: Lease ES350 [mrusso] by dhamilton
Jul 08, 2008 (2:39 pm)
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Replying to: mrusso (Jun 24, 2008 6:56 pm)

The factors will help determine the payment, and help us know if your getting a fair deal.
 
Educate yourself, you'll be glad you did.
#315 of 364
Re: Lease ES350 [mrusso] by Car_man HOST
Jul 09, 2008 (2:11 am)
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Replying to: mrusso (Jun 24, 2008 6:56 pm)

Hi mrusso. You never mentioned the selling price or MSRP of the ES that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing what this vehicle's selling price is in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I am sure that either myself or another knowledgeable community member would be happy to give you their opinion of this deal if you let me know what these numbers are.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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