812 messages,
Last post on May 09, 2013 at 6:14 AM
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Lexus ES 350, Car Leasing, Car Buying, Sedan
#392 of 812 Re: Lexus ES 350 Lease question [noojerrz]
by Florida52
Nov 28, 2008 (12:19 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 812 Pebble Beach Edition
by travispete1
Dec 05, 2008 (3:12 pm)
Does anyone know if the MF and residuals are the same for the Pebble Beach edition? Thanks. (Has anyone gotten a deal on one)
#394 of 812 Re: Lexus ES 350 Lease question [noojerrz]
by Car_man HOST
Dec 08, 2008 (4:05 am)
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 812 Re: Lexus ES 350 Lease question [Florida52]
by Car_man HOST
Dec 08, 2008 (4:08 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 812 Re: Pebble Beach Edition [travispete1]
by Car_man HOST
Dec 08, 2008 (4:12 am)
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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Dec 08, 2008 (6:09 am)
I was told that lease values for 2008 es350 are as follows for dec
36 months 10000miles residue 50% mf .000085
48 months 10000miles residue 41% mf .000085
can anyone confirm
#399 of 812 Re: Lexus ES 350 Lease question [Car_man]
by bandj
Dec 10, 2008 (8:49 am)
What is the Residual and Money factor on 2009 ES350 for 36 month, 15,000/yr lease?
#400 of 812 2008 ES Premium Package
by bulion33
Dec 10, 2008 (11:57 am)
About to pull the trigger on this deal later today and needed some quick feedback to see if it's a good deal. Your help is much appreciated.
2008 ES 350 w/premium package
MSRP: 37,796
Selling Price: 32,595
Residual: 53%
Money Factor: .0010
$1000 drive off (including 1st month's, title, reg, etc.)
456.89/month including tax
Good deal???
#401 of 812 Re: 2008 ES Premium Package [bulion33]
by travispete1
Dec 10, 2008 (3:24 pm)
Its pretty good. I recently did a 36 mo lease on an 08 with nav and Pebble Bch package for 443/mo inc tax and 1400 drive offs incl 1st month. MSRP 42,600, selling price 35,500. I think I got lucky.