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Lexus ES 350 Lease Questions

823 messages,  Last post on Jun 16, 2013 at 7:29 AM

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

Messages Page 66 of 83

#651 of 823 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 823 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 823 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 823 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 823 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.

#656 of 823 2012 ES350: need money factor and residual by howdyman

Nov 02, 2011 (4:56 am)

Hey, Car Man
 
Am interested in a 2012 ES350 3 year lease. Can you please provide the Lexus Financial Services' money factor (for top tier 1+ credit) and residual for 10K miles/yr and 12K/yr. Thanks!
 
Howdyman

#657 of 823 Re: snowman22 [snowman22] by Car_man HOST

Nov 03, 2011 (5:13 pm)

Replying to: snowman22 (Oct 21, 2011 6:19 am)
Hi snowman22. Generally speaking, manufacturers used vehicle lease programs aren't great deals. Consumers often find that they are able to lease a brand new vehicle for not much more than it would cost to lease an equivalent CPO model. As a result, I do not personally keep tabs on the details of manufacturers' used vehicle lease programs.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#658 of 823 Re: Lexus ES 350 2011 Price [qooraf] by Car_man HOST

Nov 03, 2011 (5:13 pm)

Replying to: qooraf (Oct 26, 2011 8:57 am)
You're very welcome qooraf.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#659 of 823 Re: Thanks, car_man [randomjohn] by Car_man HOST

Nov 03, 2011 (5:17 pm)

Replying to: randomjohn (Oct 31, 2011 6:57 am)
Oh I am very familiar with the storm that you speak of, randomjohn. What's the deal with snow in October ?
 
It sounds like you did very well. Congratulations on getting your new car and thanks for taking the time to share the details of your deal with us. Enjoy your new ride !
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#660 of 823 Re: 2012 ES350: need money factor and residual [howdyman] by Car_man HOST

Nov 03, 2011 (5:21 pm)

Replying to: howdyman (Nov 02, 2011 4:56 am)
I'd be happy to help you out Howdyman. Lexus Financial Services' November buy rate lease money factor and residual value for a 36-month lease of a 2012 ES 350 with 12,000 miles per year are .00150 and 59%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.
 
The residual value for a lease with only 10,000 miles per year is 1% higher.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 66 of 83

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