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Prices Paid: Buying & Leasing Experiences Lexus ES 350 Lease Questions
466 messages, Last post on Nov 02, 2009 at 2:33 PM
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- Smoky Granite Mica 2009 ES350 w/ following features: -rear seat side airbags, bluetooth audio, full spare, HID headlamps w/ AFS, premium plus pckg, wood/leather steering wheel, preferred accessory pckg MSRP $38535 Invoice (TMV price report) $34096 offer from Lexus dealership in NJ for 36 month / 12,000 miles with $0 down + upfront NJ tax (1301) / MV tax (350) / doc fee (250) / tire tax / bank fee (700) + 1st mth payment (total $3200) -tier 1 credit -money factor .000750 / residual 49% / $510 monthly payment -lease price/cap cost $35,353 -tier 2 credit -money factor .000850 / residual 49% / $540 monthly payment Is it a good deal? Anything additional I should address? I'm a first time potential leaser and this forum has been very informative....Please help. |
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| Was just quoted for 2009 ES 350 with Premium plus with nav. has back up sensors (don't really need the with the back up camera but that is how it comes). Essentially everything except the Levinson system. MSRP is $41,494. Sell price $38,765. Money factor .00075 and 49% residual. Lease was $579.00 with dealer including their paying off last month of my existing lease of $608.00. 12,000 miles per year. Get in car for $1,562.878 which is first month, bank fee and plate transfer fee. It is from dealer on Long Island. Can also try Queens Lexus to see if they do better.Good deal? Thanks for any input | |
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I recently acquired a 2009 ES 350 with the UL package from a Long Island dealership with every factory-installed option except the adaptive cruise and pre-collision system. I got a good deal on it -- a 36 month, 12,000 mile/yr lease, with a 0.00075 money factor, 47% residual and a cap cost $613 under the dealer's invoice (they provided me with a copy of their inventory detail on the car). I recently received a letter from LFS, indicating my lease was being corrected to reflect a 45,000 (15K/yr) mile allowance instead of the lease agreement's 36,000. I called LFS, who referred me to the dealership. Since the finance person who handled my deal wasn't available, I spoke to my salesman, who suggested I enjoy the extra miles. Since I know I won't drive the extra 3,000 miles each year, I told him I was more interested in saving some money instead. He said he would look into what happened and get back to me. So, can anyone tell me what happened here? What can/should I do? Bob
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I'm looking to lease the '09 ES350 for 36 months, 12K miles per year. The car has the Premium Plus Package, Navigation, High Intensity Headlights, Power Rear Sunshade, Intuitive Parking Assist, Rear Seat Airbags, Full Size Spare, All Weather Mats, Wood/Leather Steering Wheel and Preferred Accessory Package. MSRP is $41,904. The dealer will sell it to me for $40,500 and I'll reduce it further by putting down $1,000 and using the ES $1,000 loyalty rebate. The interest rate is .00060%. The residual is $20,532. The monthly rental rate without tax is $534.50. Is this a good rental rate?
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Replying to: bobsobi (Jun 18, 2009 7:31 am)
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Dealer in NJ Obsidian ext/Cashmere int Ultra Lux pckg with Mark Levinson, panoramic roof MSRP 44,989 Selling price 40,200 Money factor .00075 (tier 1) 47% residual 36mnth/12k miles up front 3443 out pocket which includes taxes mnthly payment 589..... |
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Replying to: apatna (Jun 27, 2009 3:36 pm) 562/mo |
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Replying to: kces350owner (Jun 19, 2009 7:32 pm) Zero Down, 12k miles 36 mos lease.. Just paid them the bank fee 700, 1st payment 505 and MV fees. No incentives on this car and dont expect any because the E series raised their prices. Few luxury cars have this ride.. Test drove the C class,, kids car.
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I just received this quote for an '09 ES350 with Nav, premium and a few other add-ons (no Mark Lev or panorma sunroof): MSRP: $41,903 Selling Price: $39,000 MF: 0.0002 Residual $19,694 Price including TTL, etc is $1,654 out the door and $585/month Lease is 36 months with 15k. Thoughts? I think the selling price is a little high but otherwise looks great. |
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Replying to: lexuskid (Jun 30, 2009 6:07 pm)
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