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Lexus ES 350 Lease Questions

366 messages,  Last post on Sep 05, 2008 at 2:42 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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#307 of 366
ES350 Lease price question by john252
Jun 08, 2008 (6:19 am)
Reply
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 366
ES350 lease 36M/15K by jlloren
Jun 09, 2008 (8:29 am)
Reply
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 366
Re: ES350 lease 36M/15K [jlloren] by nydesi80
Jun 09, 2008 (9:01 am)
Reply

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 366
Re: ES350 lease 36M/15K [jlloren] by ocautoseeker
Jun 09, 2008 (12:51 pm)
Reply

Replying to: jlloren (Jun 09, 2008 8:29 am)

That's a great deal!!!
#311 of 366
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 366
Re: ES350 Lease price question [john252] by nydesi80
Jun 09, 2008 (11:09 pm)
Reply

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 366
Lease ES350 [Houston, TX] by mrusso
Jun 24, 2008 (6:56 pm)
Reply
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 366
Re: Lease ES350 [mrusso] by dhamilton
Jul 08, 2008 (2:39 pm)
Reply

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 366
Re: Lease ES350 [mrusso] by Car_man HOST
Jul 09, 2008 (2:11 am)
Reply

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
#316 of 366
Lease question on ES350 by wrinni
Jul 21, 2008 (7:36 pm)
Reply
I am trying to lease 08 ES350. From what I'm seeing on this forum, I think it's not a great deal. I think I should be in tier 1, my credit score is over 750. The lease is for 36 months with 10k a year. No money down, first month payment, they're asking for 525+ tax. Does that seem right? The dealer also told me that there are other additional charges like 600 bank fees and 638 doc and title fees. But I still think the payments are very high. Thank you for your help.
MSRP 37520
Cost 33785
Residual 53%
Money Factor .00150

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