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Last post on May 09, 2013 at 6:14 AM
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Lexus ES 350, Car Leasing, Car Buying, Sedan
#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.
#665 of 812 Lease money factor and Residual %age
by mustangcnj
Mar 25, 2012 (6:13 pm)
Hi Car_man,
can you please provide tier 1 money factor and residual %age (36 months) for this month in NJ/NY area for ES350 and GS350.
thanks!
#666 of 812 Re: Lease money factor and Residual %age [mustangcnj]
by Car_man HOST
Mar 26, 2012 (3:15 pm)
I certainly can mustangcnj. Lexus Financial Services' March buy rate lease money factor and residual value for a 36-month lease of a 2012 ES 350 with 15,000 miles per year are .00095 and 59%, respectively for consumers who qualify for its top credit tier in your area.
The numbers for an otherwise identical lease of a 2013 GS 350 are .00190 ans 63%.
Car_man
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#667 of 812 es 350
by am09
Apr 14, 2012 (7:54 pm)
Hi carman.
Please provide the money factor and residual value for 10k/36 month lease. I am being quoted price of 35k for afar with MSRP of 39k. Does that look good? I am also being charged $700 bank fee and $300 dealership fee. I am being offered $1000 as a loyalty payment (I currently own a lexus).
I am being told that the residual value is 58% and money factor is .00105. I am looking in northern Nj.
Thank you.
#668 of 812 Re: es 350 [am09]
by Car_man HOST
Apr 24, 2012 (5:48 pm)
I'd be happy to help you out, am09. Lexus Financial Services' buy rate lease money factor and residual value for a 36-month lease of a 2012 ES 350 with 10,000 miles per year are .00105 and 58%, respectively...just as you were quoted.
A $4,000 discount on this car is pretty good.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#669 of 812 Re: es 350 [Car_man]
by am09
Apr 25, 2012 (7:48 pm)
Thank you carman. I finalized my deal today, got my car for $443 for 36 months no money down. I am happy with the car.
Apr 26, 2012 (9:12 am)
Sounds like a great lease deal. What was the MSRP?
#671 of 812 Re: MSRP [10sfan]
by am09
Apr 26, 2012 (11:33 am)
39k
#672 of 812 Re: es 350 [am09]
by car_dude24
Apr 26, 2012 (12:01 pm)
Sounds like a good deal AM09. Couple of questions - Is this for the model with navigation? Also, does the $443 include tax? Lastly, did you have to pay any other fees or was all of it taken care of by the loyalty bonus?
#673 of 812 Re: es 350 [car_dude24]
by am09
Apr 27, 2012 (8:46 am)
Base model with about 1K worth of options - mats/wheel locks. etc.
443 was with taxes (7%). 36 payments of $443, no other fees. Hope this helps.