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Lexus ES 350 Lease Questions

472 messages,  Last post on Nov 25, 2009 at 12:37 PM

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What is this discussion about? Lexus ES 350, Car Leasing, Car Buying, Sedan

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#361 of 472 Re: Leasing 2008 ES350 by manika24 Sep 01, 2008 (10:44 am)
Replying to: stanshrub (Aug 19, 2008 5:52 pm) I leased 2008 ES350 from Van Nuys, CA yesterday. 8.25% sales tax area 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.
#362 of 472 by fusilli Sep 01, 2008 (10:56 am)
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.
#363 of 472 ES 350 Lease deal in Ca by gnarlydude Sep 01, 2008 (7:17 pm)
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.
#364 of 472 Re: [scoot84] by manika24 Sep 01, 2008 (8:59 pm)
Replying to: scoot84 (Aug 28, 2008 6:24 pm) Scoot84,   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
#365 of 472 ES350 Lease deal by glevitan Sep 05, 2008 (5:42 am)
Here is the lease I am working on.   ES350 w/ Nav an PP 8.235% ny Taxes down plus fees so about $2500 total which includes first months payment. 3 years, 12K Miles $480/month   yay or nay? Replies to this message: manika24 (Sep 05, 2008 1:42 pm)
#366 of 472 Re: ES350 Lease deal [glevitan] by manika24 Sep 05, 2008 (1:42 pm)
Replying to: glevitan (Sep 05, 2008 5:42 am) I guess - no. Did you read my post? I gave $926 out of pocket plus $1,000 rebate as downpayment. If I knew that downpayment would be 1926 I would have offered 926 cash. What is PP? premium package? what is MSRP? Mine was 40,305 with 825 destination included. Has navigation as well. So try for 1,000 rebate as downpayment, no cash at all and perhaps 470-480$ per month for 35 months. Try it. Unfortunately noone replied to my post whether it was a reasonable and good deal.
#367 of 472 Re: [lbjunior] by Car_man HOST Sep 09, 2008 (3:11 am)
Replying to: lbjunior (Aug 28, 2008 7:48 am) Hi lbjunior. Manufacturers' captive finance companies do not provide information on their lease programs directly to the general public. Having said this, I can give you an idea of what this car's current residual values are like. Lexus Financial Services' current buy rate lease money factor and residual value for a 48 month lease of a 2008 ES 350 with 15,000 miles per year are .00095 and 40%, respectively for consumers who qualify for its Tier 1+ credit tier. 15,000 miles per year is the highest mileage allowance that LFS publishes residual values for. If you need more miles than this, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until the end of your lease and have to pay an excess mileage penalty.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#368 of 472 Re: CA Lease [genesis6] by Car_man HOST Sep 10, 2008 (1:44 am)
Replying to: genesis6 (Aug 28, 2008 4:46 pm) Hi genesis6. Unfortunately, Lexus does not provide advertised lease payments on its web site. The closest it comes to this is a buried statement on the ES 350 page which says:    "Special Lease & APR Offers   Now through September 30th, returning customers may qualify for our Customer Appreciation Award program. For details, see your Lexus dealer."   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#369 of 472 current residual and money factor by ahsim Sep 12, 2008 (12:43 pm)
There is a possibility that money factor and residual changed after 09.03. I was quoted 51% and .000995 for 36 month 12k lease for 2008 model. Is it a right or wrong? Dealer in NY offered to sell the car for an invoice price $37680.00 with PPP,heat. & vent. seats,swivel lights, bluetooth, NAV, wood trim,,mats, nets I can not get a $1000 rebate.How does it sound? And one more for a lease. If I want to pay taxes upfront, what amount should I calculate taxes from? Thanks to everyone who respond. Replies to this message: Car_man (Sep 26, 2008 2:51 am)
#370 of 472 Re: current residual and money factor [ahsim] by Car_man HOST Sep 26, 2008 (2:51 am)
Replying to: ahsim (Sep 12, 2008 12:43 pm) Hi ahsim. The .00095 money factor and 51% residual value that you were quoted for a 36 month lease of an '08 ES 350 are right in line with Lexus Financial Services' current lease program for this model.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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