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Lexus ES 350 Lease Questions

472 messages,  Last post on Nov 25, 2009 at 12:37 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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#364 of 472
Re: [scoot84] by manika24
Sep 01, 2008 (8:59 pm)
Reply

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)
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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?
#366 of 472
Re: ES350 Lease deal [glevitan] by manika24
Sep 05, 2008 (1:42 pm)
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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)
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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
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Prices Paid: Buying & Leasing Experiences Forum
#368 of 472
Re: CA Lease [genesis6] by Car_man HOST
Sep 10, 2008 (1:44 am)
Reply

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
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Prices Paid: Buying & Leasing Experiences Forum
#369 of 472
current residual and money factor by ahsim
Sep 12, 2008 (12:43 pm)
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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.
#370 of 472
Re: current residual and money factor [ahsim] by Car_man HOST
Sep 26, 2008 (2:51 am)
Reply

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
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Prices Paid: Buying & Leasing Experiences Forum
#371 of 472
Will I get a deal now & internet info needed by mayfletcher
Oct 03, 2008 (9:13 pm)
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What kind of lease or purchase deal do yout think I would get now for a Lexus 2008 ES350 in the MD/DC/VA Metro area? Or is the economy bad enough for them I could do just as well on a 2009? Also when contacting dealers by internet what do I say?
#372 of 472
Current 08 Lease Advertisement by 10sfan
Oct 23, 2008 (9:31 am)
Reply
Is this a good lease offer for an 2008 ES 350? MSRP $38,269, 48 months(10,000 mi per yr) $399.00 month with $1,137.00 dwon which includes first month payment and acquisition fee and doc fees per year. WI tax is added at 5.5% to the monthly payment.
#373 of 472
Re: Current 08 Lease Advertisement [10sfan] by Car_man HOST
Oct 27, 2008 (3:52 am)
Reply

Replying to: 10sfan (Oct 23, 2008 9:31 am)

Hi 10sfan. Can you tell if this is an advertisement that is being run by an individual dealership or is it a manufacturer sponsored ad? I have found that savvy consumers who comparison shop are usually able to beat the selling prices that manufacturers' advertised lease payments are based upon, and in turn get slightly lower monthly payments. Use this deal as a baseline for your negotiations and try to beat it.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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