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Lexus ES 350 Lease Questions

466 messages,  Last post on Nov 02, 2009 at 2:33 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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#384 of 466
Re: Lexus ES 350 Lease question [howdyman] by Car_man HOST
Nov 14, 2008 (4:33 am)
Reply

Replying to: howdyman (Nov 10, 2008 4:34 am)

You're very welcome, howdyman. good luck and make sure to stop back to let us all know how everything turns out.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#385 of 466
Re: Lexus ES 350 Lease question [Car_man] by noojerrz
Nov 14, 2008 (11:14 am)
Reply

Replying to: Car_man (Nov 14, 2008 4:33 am)

Hi all.
Looking for some feedback on this 36 month, 12K mi/year lease deal in NJ that I negotiated today. I think it's pretty good, but I'm looking for confirmation or feedback:
 
2009 Lexus ES350: Nav, Premium plus etc MSRP: $41,375
Negotiated selling price: $37,000
 
Bank Fee (700) DMV (187.50) Doc (249) Tire tax (14.95): Total: $1,151.45
Cap Cost: $1,700
First Month (including 7% sales tax): $456
 
Total Out of Pocket: $3307.45
Month Pymt (incl 7% sales tax): $456
 
Money Factor applied: .0009 (2.16%)
Residual: 53%
 
Do you guys think this is a good deal, or is there room for more? Looking fwd to the replies. If it's positive, I'll go get this thing tomorrow.
#386 of 466
Re: Lexus ES 350 Lease question [noojerrz] by noojerrz
Nov 14, 2008 (11:19 am)
Reply

Replying to: noojerrz (Nov 14, 2008 11:14 am)

real quick addition to the above, I am not a current Lexus ES owner or lesse so I don not qualify for the $1000 loyalty rebate.
#387 of 466
2008 ES350 Lease in South Florida by fsudreyer
Nov 17, 2008 (4:27 am)
Reply
I just leased a premium plus with xenon ES350 for $450/month for 36 months with 15K miles per year. The buy rate on this car is an unbelievable .00035 which is approx .84%. The total out of pocket was $1500 at Lexus of Pembroke Pines. The salesman was great. The experience was great. They have about 15 more '08's left. The retail on the car was 39.5K. Good luck to everyone.
#388 of 466
Re: Lexus ES 350 Lease question [noojerrz] by Car_man HOST
Nov 18, 2008 (5:12 pm)
Reply

Replying to: noojerrz (Nov 14, 2008 11:14 am)

Hi noojerrz. The money factor that you were quoted is right in line with Lexus Financial Services' current buy rate for the 2009 ES 350. That is a good thing. The selling price that you were quoted for this car looks reasonable as well. If you like it, I personally don't see any reason not to pull the trigger on this deal.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#389 of 466
Re: 2008 ES350 Lease in South Florida [fsudreyer] by Car_man HOST
Nov 18, 2008 (5:15 pm)
Reply

Replying to: fsudreyer (Nov 17, 2008 4:27 am)

Congratulations on getting your new ES, fsudreyer. Thanks for taking the time to share the details of your lease with everyone. Make sure to hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well. Enjoy your new ride !
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#390 of 466
Re: Lexus ES 350: Lease Questions [pat] by ultra64
Nov 21, 2008 (6:37 pm)
Reply

Replying to: pat (May 26, 2006 5:58 am)

1 local dealer has a 2009 and another has 2 2008's of the identical ES350 model. Residual is higher on the 2009 but interest rate is lower on the 2008. If I negociate well which one is the better deal?
#391 of 466
Re: Lexus ES 350 Lease question [Car_man] by noojerrz
Nov 24, 2008 (4:59 pm)
Reply

Replying to: Car_man (Nov 18, 2008 5:12 pm)

Car_man ,thanks for the reply and the advice. I picked up my 09 ES350 at the terms i disclosed above. this is a great forum and i've used it for this lease my 3series and ML every time i've been able to get a deal that i've been thrilled with. so thanks for all the help.
#392 of 466
Re: Lexus ES 350 Lease question [noojerrz] by Florida52
Nov 28, 2008 (11:19 am)
Reply

Replying to: noojerrz (Nov 24, 2008 4:59 pm)

Hello All,
 
I am looking to surprise my wife with a lease for an 2009 ES350 premium package on or before Christmas if all things work out in my favor. I am extremely happy I found this blog as it has opened a few questions for me. I currently have a 2006 Volvo S40 with six months left on the lease. Payment on the Volvo including tax is $362.00 per month. I would like to have my Lexus dealership pay off that lease yet still have affordable payments on my new lease. Ideally 15k miles per month on my new lease. Based on what you guys have read in this post what can I assume my payments will be? Or at least can anyone give me a good starting negotiating point. Thank you.
#393 of 466
Pebble Beach Edition by travispete1
Dec 05, 2008 (2:12 pm)
Reply
Does anyone know if the MF and residuals are the same for the Pebble Beach edition? Thanks. (Has anyone gotten a deal on one)

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