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Lexus ES 350 Lease Questions

471 messages,  Last post on Nov 21, 2009 at 7:43 AM

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What is this discussion about? Lexus ES 350, Car Leasing, Car Buying, Sedan

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#418 of 471 Re: Organized Negotiation of 5-8 Lexus before Jan 1st [scoutandatty] by Car_man HOST Jan 20, 2009 (3:02 am)
Replying to: scoutandatty (Dec 24, 2008 9:18 am) You're welcome, scoutandatty. Dealers aren't necessarily going to take a loss, certainly not a significant one, on a vehicle to blow it out at the end of the year, but they are often motivated to make their annual sales totals look as attractive as possible. Perhaps they need to attain a certain level of annual sales to receive a bonus payment from the manufacturer that they are affiliated with.   The main reason why it is a good idea to lease a new vehicle at the end of the year is the level of manufacturer support that is available then is generally higher as manufacturers crank up their support to make their annual sales totals look as attractive as possible. Lexus' "December to Remember" sales event is an example of this. The lease program that Lexus was offering in December is much more attractive than the one that it is running in January.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#419 of 471 Re: January numbers [thechairman1] by Car_man HOST Jan 20, 2009 (3:05 am)
Replying to: thechairman1 (Jan 03, 2009 5:20 pm) Hi thechairman1. Here's the information that you're looking for. Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 ES 350 with 12,000 miles per year are .00125 and 49%, respectively. Current ES lessees are eligible for a special $1,000 loyalty cash incentive if they lease a new one.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#420 of 471 February money factor by hotjohn Feb 03, 2009 (5:08 pm)
Hi Car_man, I'm currently looking for the buy rate lease money factor and residual value for a 36 month lease of a 2009 ES 350 with 12,000 miles per year. I did see what the January numbers were but since it's now February I'm looking for the new rates. Any incentives out yet? Location is Las Vegas who only has one Lexus dealer. Thanks Replies to this message: Car_man (Feb 09, 2009 3:50 am)
#421 of 471 Recent lease deals in NYC-area?? by marlonsams Feb 04, 2009 (12:12 pm)
Wanted to hear from community about recent lease deals they got on a 09 ES with premioum plus w/o navi(NYC/Tri-State area).
#422 of 471 Leasing by bobpro98 Feb 05, 2009 (7:14 pm)
Hi Car Man,     I'm Planning On Leasing A Lexus 2009 ES350 For 48 Months With 25,000 Miles Per Year At 684.00/Month.The Upfront Payment With 1St Payment & All The Other Fees Is 1882.00.The MSRP Is 37499.00.The Dealer Is In New Jersey.Am I Doing The Right Thing? I Would Appreciate Your Input.     Bobpro98 Replies to this message: tjc78 (Feb 06, 2009 4:27 am) Car_man (Feb 09, 2009 3:56 am)
#423 of 471 Re: Leasing [bobpro98] by tjc78 Feb 06, 2009 (4:27 am)
Replying to: bobpro98 (Feb 05, 2009 7:14 pm) A Lexus 2009 ES350 For 48 Months With 25,000 Miles Per Year   Not carman, but why would you want to do a lease like that? If you finance 35000 (not unreasonable for MSRP 37500 with the same amount down) for five years 6.5% you would be at the same payment. WIth that lease you would be out of warranty after less than two years, and the car would need maintenance items like tires, brakes etc. IMO you should be buying the car not leasing. Leasing works great under 15K a year, after that it gets cost prohibitive.
#424 of 471 Re: February money factor [hotjohn] by Car_man HOST Feb 09, 2009 (3:50 am)
Replying to: hotjohn (Feb 03, 2009 5:08 pm) Here's the information that you're looking for, hotjohn. Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 ES 350 with 12,000 miles per year are .00125 and 49%, respectively for consumers who qualify for its "Tier 1+" credit tier.   The only cash incentive that Lexus is currently providing on this car is $1,000 loyalty cash for current ES lessees who lease a new one.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#425 of 471 Re: Leasing [bobpro98] by Car_man HOST Feb 09, 2009 (3:56 am)
Replying to: bobpro98 (Feb 05, 2009 7:14 pm) Hi bobpro98. Wow, 25,000 miles per year. That's a lot of driving. I agree with the previous poster that you probably should finance instead of lease this car. That's what I would do if I was in your situation.   If you are really set on leasing it, you need to find out what selling price you are being charged. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult to tell how much of a dealer discount you are getting. In an area that has a decent level of competition, like the one that you are in, I suspect that you will be able to negotiate a selling price that's fairly close to dealer invoice.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#426 of 471 is this a good deal? by rkatz1949 Feb 19, 2009 (9:12 am)
i've been shopping for a ES350 to lease,36month/36000/all in.Pay only 1st month and dmv at signing.so far,i've been offered as follows; MSRP $41,385=$625/MONTH                or MSRP $37,720=$588/MONTH   I'm just not sure if these are good deals. Please put in your 2cents.

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