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Prices Paid: Buying & Leasing Experiences Lexus ES 350 Lease Questions
478 messages, Last post on Dec 05, 2009 at 11:14 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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I want to lease a 2007 Lexus ES350 UL Package (approx. 43,000.)for 36 months, 15,000 miles per year, good credit? What is a reasonable monthly payment? What is the residual after three years? I was told in another forum not to put any money down. Originally I wanted to put down 5,000. to keep the payment down. What do you think?
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| I test drove an ES350 and the salesman offered $500 off MSRP. He said that's the internet sales price right now. I was in Jacksonville Florida. I didn't press because it was just for fun. | |
Anyone have the Residual and MF for this month on the ES350?
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Replying to: mnoker (Jun 16, 2006 7:11 pm) |
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Replying to: mnoker (Jun 18, 2006 11:37 am) 2007 Lexus ES350 4dr Sedan 24 mo/15k mi – Residual Value 66% of MSRP – .00245 Base Money Factor Rate 36 mo/15k mi – Residual Value 60% of MSRP – .00245 Base Money Factor Rate 48 mo/15k mi – Residual Value 50% of MSRP – .00245 Base Money Factor Rate 60 mo/15k mi – Residual Value 41% of MSRP – .00245 Base Money Factor Rate 36 mo/12k mi – Residual Value 62% of MSRP – .00245 Base Money Factor Rate 48 mo/12k mi – Residual Value 52% of MSRP – .00245 Base Money Factor Rate 60 mo/12k mi – Residual Value 43% of MSRP – .00245 Base Money Factor Rate 2007 Lexus ES350 4dr Sedan Ultra Luxury 24 mo/15k mi – Residual Value 66% of MSRP – .00245 Base Money Factor Rate 36 mo/15k mi – Residual Value 60% of MSRP – .00245 Base Money Factor Rate 48 mo/15k mi – Residual Value 50% of MSRP – .00245 Base Money Factor Rate 60 mo/15k mi – Residual Value 41% of MSRP – .00245 Base Money Factor Rate 36 mo/12k mi – Residual Value 62% of MSRP – .00245 Base Money Factor Rate 48 mo/12k mi – Residual Value 52% of MSRP – .00245 Base Money Factor Rate 60 mo/12k mi – Residual Value 43% of MSRP – .00245 Base Money Factor Rate Enjoy Slate
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Replying to: adriane (Jun 12, 2006 3:51 pm) If you were to lease this car through Lexus Financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00255 and 60%, respectively. The numbers for an otherwise identical 39 month lease should be .00255 and 57%. This is LFS' standard lease money factor for consumers who qualify for its top credit tier. It varies a little depending upon what part of the country one is in. Your trade is worth what it's worth. If you are getting a good deal on your new car, there won't be much room for the dealer that you are working with to over allow on your trade. If you don't feel as though the price that you are being offered for your trade is fair, you can always sell it yourself or sell it to another dealer, like a local CarMax. You should be able to get an idea of your current vehicle's value by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Car_man Host Prices Paid Forums |
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Replying to: cablondeblue (Jun 12, 2006 8:55 pm) Car_man Host Prices Paid Forums |
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| Has anyone checked into or used lease- by-tel. They seem to be legit and the quotes they gave me are about 20% lower than dealer prices. | |
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Replying to: sgtslate (Jun 18, 2006 12:27 pm) forthill |
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Replying to: sgtslate (Jun 18, 2006 12:27 pm) I was just wondering where you got these residual values. If you don't mind telling me the website you got them from, I would love to prove to my salesperson that the residual values she's been quoting me have been, as I suspected,low all along. Surprise, surprise. G
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