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2008 ES350 Lease in South Florida
by fsudreyer
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Nov 17, 2008 (4:27 am)
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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.
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- #388 of 472
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Re: Lexus ES 350 Lease question [noojerrz]
by Car_man HOST
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Nov 18, 2008 (5:12 pm)
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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
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- #389 of 472
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Re: 2008 ES350 Lease in South Florida [fsudreyer]
by Car_man HOST
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Nov 18, 2008 (5:15 pm)
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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
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- #390 of 472
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Re: Lexus ES 350: Lease Questions [pat]
by ultra64
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Nov 21, 2008 (6:37 pm)
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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?
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- #391 of 472
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Re: Lexus ES 350 Lease question [Car_man]
by noojerrz
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Nov 24, 2008 (4:59 pm)
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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.
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- #392 of 472
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Re: Lexus ES 350 Lease question [noojerrz]
by Florida52
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Nov 28, 2008 (11:19 am)
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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.
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- #393 of 472
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Pebble Beach Edition
by travispete1
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Dec 05, 2008 (2:12 pm)
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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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- #394 of 472
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Re: Lexus ES 350 Lease question [noojerrz]
by Car_man HOST
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Dec 08, 2008 (3:05 am)
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Replying to: noojerrz (Nov 24, 2008 4:59 pm)
You're very welcome, noojerrz. I'm glad that you enjoy the forums so much. Don't forget to hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with everyone. Enjoy your new ride !
Car_man
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- #395 of 472
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Re: Lexus ES 350 Lease question [Florida52]
by Car_man HOST
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Dec 08, 2008 (3:08 am)
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Replying to: Florida52 (Nov 28, 2008 11:19 am)
Hi Florida52. The lease payment on the new ES that you are interested in will vary depending upon its MSRP and selling price. If you provide us with these key variables, if you don't have the selling price the dealer invoice price will work, either myself or another knowledgeable community member should be able to give you an idea of what sort of payment you can expect. You can find the pricing data that you need over in the New Vehicle Pricing section of this site.
Car_man
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- #396 of 472
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Re: Pebble Beach Edition [travispete1]
by Car_man HOST
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Dec 08, 2008 (3:12 am)
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Replying to: travispete1 (Dec 05, 2008 2:12 pm)
Hi travispete1. Lexus' lease money factors are the same for all ES 350 trim levels. Its residual values are the same across the board as well, except for on units that are equipped with the Ultra Luxury Package...which lowers the ES' resids by 2%.
Car_man
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