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Prices Paid: Buying & Leasing Experiences 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
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Replying to: 10sfan (Oct 23, 2008 9:31 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Oct 27, 2008 3:52 am)
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Replying to: 10sfan (Oct 27, 2008 9:49 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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One topic that I haven't seen mentioned is the difference in cost between mileage allowances. The standard Lexus lease at my local dealer is 10K mi/year however I would like to know in general how much additional expense one incurs to bump it say to 12K or even 15K? Does the increased cost vary per manufacturer? Reason I ask is that my 15, soon to be 16 y/o daughter isn't interested in the red Civic Si sedan that I purchased last year with the intention of giving to her the first part of next year (3 year note with additional funds being put back each month to allow for pay off in 2 years). The problem is that this is a manual transmission vehicle and she argues that a new driver shouldn't have to focus on shifting and driving at this point (argument could go both ways). That being said she might end up with the wife's paid for '04 IS300. If that's the case then both mom and myself will be in the market for two new leases (two lease payments cheaper than car payment and lease payment) if I were to sell the Honda. Another IS for the wife and an ES for me most likely.
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Hi car_man, Looking for the MF and residuals for 10kmiles/year on the 2008 es350 for 36 months. Thanks!
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Replying to: teasip (Nov 05, 2008 7:59 pm) Then, an additional 2% reduction from 12Kyr to 15K/yr. This isn't universal, but is true for many makes/models. On a $40K car, each 1% reduction in residual adds $400 to the lease cost, or about $11/mo. + tax to the lease payment. Once you get over 15K/yr., then there is a standard charge for each mile, usually. regards, kyfdx Host-Prices Paid Forums |
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To: Car Man What is the MF for Tier 1+ credit tier and residual for '09 ES, 10K/yr, 36 month for the NY/NJ area? thank you.
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| Thanks for the additional information. | |
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Replying to: twodomes (Nov 05, 2008 10:09 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: howdyman (Nov 06, 2008 10:03 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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