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Lexus ES 350 Lease Questions

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

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

Messages Page 67 of 82

#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.

#656 of 812 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 812 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 812 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 812 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 812 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

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

Nov 04, 2011 (6:15 am)

Replying to: Car_man (Nov 03, 2011 5:13 pm)
After checking things out--you are correct--used car leases are not the best way to go. I'll stick with your earlier advice and wait for the December to remember programs. I gotta add one thing--in our area we only have one lexus dealer. They will not deal at all because they have the market to themselves.They say the great buying experience----not a chance--they are snooty beyond snooty. Could be I'll buy a ford--"only kidding"

#662 of 812 Re: snowman22 [snowman22] by thephantom1

Nov 04, 2011 (6:20 am)

Replying to: snowman22 (Nov 04, 2011 6:15 am)
What dealer snowman, South Jersey?

#663 of 812 Re: snowman22 [snowman22] by 10sfan

Nov 04, 2011 (10:16 am)

Replying to: snowman22 (Nov 04, 2011 6:15 am)
Had a similar unresponsive problem with both Acura and Lexus dealers in a competitive market area. Owning two Acura's, thought I had an advantage.
Since I was only going to keep this vehicle for 3 years with a low mileage lease to replace an Acura, I looked at all options in my price range.
Again, Who is kidding who?
No dealing with either of them. Ford/Lincoln makes a good vehicle, pricing was right and they wanted, yes wanted my business and made the best deal by far.

#664 of 812 2012 Lexus ES 350 by car_dude24

Mar 21, 2012 (9:12 am)

Hi,
 
I posted this in one of the other blogs but was redirected here.
  
I am looking to lease a 2012 lexus or audi and would like your opinions. A friend of mine just got a lexus ES 350 touring edition (MSRP 40275) for 7000$ down and 300/month. Is that a good deal? This is in New jersey. While I am currently leaning towards the lexus I want to know if the above is a good deal and if I should try to get the same.
  
What are your thoughts?
  
Thank you for your help.

Messages Page 67 of 82

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