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Lexus ES 350 Lease Questions

812 messages,  Last post on May 09, 2013 at 6:14 AM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 66 of 82

#646 of 812 Lexus ES 350 2011 Price by qooraf

Oct 11, 2011 (7:09 am)

Folks....I am new to this forum. I am in South Florida and am looking to possibly buy (finance) a 2011 Lexus ES 350. I have been watching this blog and see there are many version of this pricing. I once saw someone posting to have bought the car for $31,000. I am also in the same ball park. I need some advise if this is the acceptable range. I will perhaps put down around $5 to $7,000.
 
I shall appreciate your valuable input.

#647 of 812 Snowman22 by snowman22

Oct 11, 2011 (7:58 am)

I'm with you. I agree with car man though---should not be putting much if any money down. But these dealers seem to think the 2011 is new--it is new---BUT---one year old new. We all know how much value the car looses as soon as you drive off ---except that's not what the dealer will tell you at that time---but bring it back a couple months latter and man or man the shoes on the other foot. I think all anyone wants is a fair shake--for the sales rep.,the dealer and the cust.But with profit margins for the dealers and teeth braces for the sales rep's kids----we all know that the elusive really good deal is but lost forever. This blog is a big help in bringing knowledge to the average.I say thanks for any info that can at least give a person some type of chance in the automotive world.

#648 of 812 Re: Lexus Lost A Customer Last Night [paprof] by thephantom1

Oct 17, 2011 (9:03 pm)

Replying to: paprof (Sep 01, 2011 3:45 am)
What dealership for the Infiniti?

#649 of 812 Re: snowman22 [snowman22] by Car_man HOST

Oct 20, 2011 (5:12 pm)

Replying to: snowman22 (Oct 11, 2011 6:21 am)
You're very welcome snowman22. Savvy consumers who are in an area that has a decent level of competition should be able to negotiate better deals than manufacturers' official advertised deals.
 
Lexus will likely offer some attractive deals for its annual "December to Remember" sales event, which will probably begin at the end of November. It is difficult to say whether the deals that are available then will be better than the deals that are available today.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#650 of 812 Re: Lexus ES 350 2011 Price [qooraf] by Car_man HOST

Oct 20, 2011 (5:16 pm)

Replying to: qooraf (Oct 11, 2011 7:09 am)
Hi qooraf. If I was in the market for this car right now, I personally would shoot for a selling price of $500 over dealer invoice minus the $1,000 dealer cash that is currently available on it. If you want to finance your '11 ES, you can do so through Lexus Financial Services at 1.9% for five years.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#651 of 812 Re: snowman22 [Car_man] by snowman22

Oct 21, 2011 (6:19 am)

Replying to: Car_man (Oct 20, 2011 5:12 pm)
Thanks for the reply---One other question. Lexus dealer has a mint 2010 RX450h. Loaded. Asking 45K. has 24,000 miles. If I were interested in leasing this used vehicle--if that's possible--what would be a reasonable price and money factor anddddddd lets throw in monthly payment for a 48 month lease with no money down. I appreciate your insight.
                                                     Thanks Snowman 22

#652 of 812 Equity question by manika24

Oct 25, 2011 (3:49 pm)

My lease for 2008 ES350 is over. Residual approx. 21K. Edmunds trade in value approx 25K. So, I have 4K in equity that I can negotiate towards another lease/buy? Or am I wrong? Thank You.

#653 of 812 Re: Equity question [manika24] by paprof

Oct 25, 2011 (4:49 pm)

Replying to: manika24 (Oct 25, 2011 3:49 pm)
You are correct. Let us know how much of the equity you're able to claw back.

#654 of 812 Re: Lexus ES 350 2011 Price [Car_man] by qooraf

Oct 26, 2011 (8:57 am)

Replying to: Car_man (Oct 20, 2011 5:16 pm)
Car Man...Thanks so much.

#655 of 812 Thanks, car_man by randomjohn

Oct 31, 2011 (6:57 am)

I picked up my 2011 ES 350 on Saturday, right at the beginning of an awful storm. For anyone else who's interested, here are the highlights:
 
heated seats, no nav, wood trim, that stupid 3-piece accessory package with the wheel locks, and maybe one or two other minor things. I really didn't want any options.
 
Invoice was $35,886, which they then applied the $1,000 dealer incentive to, so my sell price was $34,886. I traded in my old car for $4k, which I applied as a cap cost reduction (I know that's not recommended, but it wasn't cash out of pocket, made the wife happier with lower payments, etc.),
 
so the payment is around $417 for 36 mo/10k miles. The dealer's doc fees were a little high, but I did get them to waive that ridiculous $199 "vin etching." All in all, I'm pretty happy with the deal. I waited until end of month, end of model year, and car_man's advice has been to aim for $500 above invoice, so even with the doc fees I think I did pretty well.
 
Lexus of Westport.

Messages Page 66 of 82

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