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Prices Paid: Buying & Leasing Experiences Lexus ES 350 Lease Questions
473 messages, Last post on Dec 01, 2009 at 12:43 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: scoot84 (Jul 24, 2008 12:01 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Aug 04, 2008 1:42 am) 
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Hi Car_Man, May I ask your assistance on this deal I am working on. This is my first time leasing, on my current camry I only dealt with the OTD price (after TT&L). I was able to get a dealer to go $38k OTD ($40,315 MSRP), I would like to lease as to keep my monthly payments low. But I do plan to purchase at end-term.. My question is, after reading through this forum. How can a dealer go about doing OTD when LFS determines the residual (that later will be taxed when I buy) and therefore I end up paying more? Is the dealer pulling one on me? Thanks in advance! |
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Replying to: wrinni (Aug 04, 2008 8:08 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Aug 07, 2008 3:02 am) May I ask your assistance on this deal I am working on. This is my first time leasing, on my current camry I only dealt with the OTD price (after TT&L). I was able to get a dealer to go $38k OTD ($40,315 MSRP), I would like to lease as to keep my monthly payments low. But I do plan to purchase at end-term.. My question is, after reading through this forum. How can a dealer go about doing OTD when LFS determines the residual (that later will be taxed when I buy) and therefore I end up paying more? Is the dealer pulling one on me? Thanks in advance!
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Replying to: yukonballer (Aug 07, 2008 9:04 am) I hope that this answers your question for you. Since this is your first time leasing, it might be a good idea for you to check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Aug 04, 2008 1:57 am) Do you know if the .00065 MF and 52% RV are good in MN??
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Replying to: gbh43 (Aug 11, 2008 1:32 pm)
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Replying to: eleveroon (Aug 13, 2008 10:39 am) |
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This is my first venture into Japanese luxury cars. I have had 3 Corvettes (in my 20's, that was fun) and then 5 Benzes to follow. I haven't even taken this ES350 for a test drive! However, I do have a question...regarding the leasing. Is it true that dealerships use credit scores as a bargaining chip and that it really doesn't matter? Not that I have bad credit, but I always read that you don't tell them how good or bad your credit score is. What is Tier 1 pricing according to Lexus? Is it a perfect 850 credit score or are they more reasonable? I am in the mortgage biz, so credit scoring is something I know something about. I just want to know from a car buying/leasing perspective what the general guidelines are like. Thanks.
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