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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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| $735 for a $42,000 car sounds way too high. How much is your drive off? | |
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Bill - Thanks for the response. I didn't mean for my post to sound like I wasn't pleased with the residual. I know the higher the better, but I haven't seen one at 60% in the limited time I have been researching leasing. I was wondering if it was part of some numbers game the dealer can play. msf83 - The quote was for no money down so the drive off should be first payment and TL fees. I believe he said it would be right around $900. Thanks. |
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I just was offered (from LEXUS of Queens, NY) a deal for 2010 ES 350 : 36 mo., 10,000 mi., Standard plus a few extras such as Heated/Ventilated seats, HID headlights w/adoptive front lighting system, Wood & leather steering wheel. Out of pocket: $1,412.00: Bank+T/MV+1st payment. Purchase option $23,103.75. For $515/mo. Infortunately, I don`t know any other numbers for calculation. Can any one tell me, if this is desent deal, with the limited info provided?
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Replying to: mikefurm (Oct 19, 2009 7:09 pm)
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Replying to: carbuyer_2009 (Oct 19, 2009 8:18 pm) The base price for 2010 ES 350-$34800 plus $1785 for options. I only negotiated for the amount of monthly payment-$515 (tax included) with zero downpayment. The other dealer offered $540 and $1650 out of pocket |
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I have never leased before so I want to be sure this is a good deal. For a 2010 Lexus ES350 with all the extras including the Navigation package sticker is $39,000 in the Boston area. The yearly mileage allowed is 15,000. We have A+ credit, and traded in an old 2001 lexus for $7000 (KBB said $5400 to $6400, and it was in a bad accident, so we were happy with that.) They also noted on the paperwork a $1500 rebate. We put no money down and they covered the first payment. The residual value is going to be $22,480 which we were fine with because we have no intention of purchasing it. The monthly payment quoted for this is 35 payments of $399. I don't know what they used for a rate or money factor, so now that I'm reading up on leasing more I'm not sure if this is as good as it sounds. Any input is very appreciated. |
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Replying to: lhatten (Oct 13, 2009 6:23 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: lexlease1 (Oct 15, 2009 1:04 pm) I realize that the car that you're interested in is equipped with the Ultra package, but still $700+ per month for a Lexus ES is nuts. There's lots of better cars out there that you could lease for less than that. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Oct 26, 2009 2:23 am)
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Replying to: Car_man (Oct 26, 2009 2:23 am)
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