Last post on Nov 15, 2013 at 1:42 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Lexus ES 350, Car Leasing, Car Buying, Sedan
#492 of 871 Re: 2010 Lexus ES350 Lease Quote [achilles11]
Feb 11, 2010 (7:55 am)
Hi achilles11. the money factors that you were quoted for this car are too high. Lexus Financial Services' February buy rate lease money factor and residual value for a 36 month lease of a 2010 ES 350 is only .00215 for consumers who qualify for its top aka Tier 1+ credit tier. If you have excellent credit, make sure that the dealer uses this money factor to calculate your car's payment.
Now let's look at the other important factor that determines whether this is a good deal, this car's selling price. The car that you are interested in probably has a spread of around $4,000 between its full MSRP and its dealer invoice price. You were quoted a dealer discount of almost $3,700. That probably puts you at only a couple hundred dollars over invoice, which is a very good deal.
Just get the money factor issue straightened out and go for it.
Prices Paid: Buying & Leasing Experiences Forum
#493 of 871 Re: 2010 Lexus ES350 Lease Quote [Car_man]
Feb 15, 2010 (2:01 pm)
I have been working on leasing an ES350 for couple of month now. Just got my car yesterday. Here are the numbers:
Neg Price: 36,300
Monthly payment: $458/m
I did pay security deposit, that will be refundable.
Didnt see this low deal on the forum anywhere, so just sharing.
Feb 16, 2010 (7:23 pm)
I am working with two different dealers on a ES 350 lease. Here is the better of the two offers - payment seems high compared to what I have read in this forum.
ES 350 w/ Nav, Park Assist, Rear Spoiler & 17in Alloy wheels
10k miles per year
Monthly Payment - $606
MSRP - $41,534
Sales price - $39,034
Money Factor - .00215
Residual - 61%
Sales Tax - 7%
Any input you may have is greatly appreciated.
#495 of 871 Re: 2010 Lexus ES350 Lease Quote [abuyusuf]
Feb 16, 2010 (7:24 pm)
If you don't mind me asking, where did you get this deal?
#496 of 871 Re: 2010 Lexus ES350 Lease Quote [abuyusuf]
Feb 21, 2010 (8:58 am)
Does that monthly payment include sales tax?
#497 of 871 Re: 2010 Lexus ES350 Lease Quote [abuyusuf]
Feb 28, 2010 (2:45 pm)
Could you please e-mail me the details of this lease? greenpak07yahoo.com
#498 of 871 Re: 2010 Lexus ES350 Lease Quote [abuyusuf]
Feb 28, 2010 (5:53 pm)
I would also be very interested on what dealership you worked with on this lease. Please share it with us.
#499 of 871 Re: ES 350 Lease [lorjas2k]
Feb 28, 2010 (8:41 pm)
We were going to lease, but decided to purchase our ES350 yesterday since we got 2.9% for 60 months.
Here are the lease details we were originally going to go with:
MSRP $41, 555.00
Selling price: $38,300.00
12,000 miles per year / 36 month lease
Monthly payment: $555.00
Money Factor .00215
Sales tax 5.1%
We would have put down $1,012,00 more than your deal, but saved $1,836 over the 3 years. Our sales tax is lower, so that contributes to part of the monthly savings.
Mar 05, 2010 (5:44 pm)
$2500 driveoff, 36 mo. 15K/yr based on $36300 invoice, $431/mo lease. Is this a good deal for ES?
#501 of 871 Re: 431/mo 
Mar 08, 2010 (10:32 am)
Need to know what was included in the $2500 down payment. How much was for a cap cost reduction vs title, tax,license and processing fees?