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Prices Paid: Buying & Leasing Experiences 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
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Replying to: Car_man (Aug 21, 2008 1:40 am) I read in one of your replies that the 'residual' values are set by the bank. Can you tell me how or where I can get that information? I am looking to lease an ES350 in NJ for 48 months  20K/yr. The ES350 MSRP is $35,000 and I can get it for a sell price of $32,000. The invoive price is approx. $31,800. Thanks, lbjunior
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I was in southern CA recently and saw an ad for an ES 350 lease for $379 for 36 mos. I couldn't read the fine print; no surprise. Is there a place on the Lexus web site that lists the current special offers? Other manufacturers do this, but Lexus seems to be coy about this. Also, I don't believe you can check Lexus inventory and pricing on line (on Cars.com).
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Replying to: lbjunior (Aug 28, 2008 7:48 am) Just as an FYI, I picked up my wifes new ES 350 last Saturday from Lexus of Englewood. I got the car at roughly $1800 under invoice. I was negotiating between Englewood, Warnock and Bridgewater. My deal is 3 yrs / 36k miles per yr at $425 per month with only inceptions of $1599 due at signing. With the 09's coming any day I think you can get the car under invoice if you work it. I was very happy with the deal I made, but I had to work pretty hard to go back and forth between them.
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I took the ES 350 on 08/26/08 w/navigation, NJ and NY Metro same price $1300 down( bank fee, first payment, etc...) and 506 per month.Included taxes-NY. Only one problem lack of inventory, they have only 1-2 colors in stock, or wait until middle of September |
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Replying to: stanshrub (Aug 19, 2008 5:52 pm) MSRP 40,305. Downpayment $926 (1st month lease included). Monthly $480 (35 months) Cap apprx $36,000 (sorry don't have paperwork in front of me) Residual apprx. $21,000 Mileage allowance: 12K/per year (36 months lease) Plus two year service. My mistake was that I should have negotiated down to $460 per month - figure based on lease calculator. |
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| Signing off on this chatroom. Was very close to buying the ES350, took a Mercedes Benz R350 (totally different creature...they call it "the hearse") for a ride and that was it. Beautiful car. I was sold...fits more with my lifestyle. Good luck to all in your purchases. | |
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| The salesman I bought my 08 from offered me an awesome lease deal but I decided to buy, if anyone wants his info email me at socal55chevrolet at yah oo .com I totally recommend him for service and pricing. | |
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Replying to: scoot84 (Aug 28, 2008 6:24 pm) congrats on your deal! I am new to this forum and having trouble navigating here for some reason. I wanted to ask you, what was your MSRP price and did your downpayment of $1,599 include 1st month lease payment of $425? I wish I read your numbers before I leased my car. I did get very different figures from edmunds calculator which adds fees in vs. leaseguide calculator. Thanks |
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