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

#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)

Replying to: mustangcnj (Mar 25, 2012 6:13 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
Host
Prices Paid: Buying & Leasing Experiences Forum

#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)

Replying to: am09 (Apr 14, 2012 7:54 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
Host
Prices Paid: Buying & Leasing Experiences Forum

#669 of 812 Re: es 350 [Car_man] by am09

Apr 25, 2012 (7:48 pm)

Replying to: Car_man (Apr 24, 2012 5:48 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.

#670 of 812 MSRP by 10sfan

Apr 26, 2012 (9:12 am)

Replying to: am09 (Apr 25, 2012 7:48 pm)
Sounds like a great lease deal. What was the MSRP?

#671 of 812 Re: MSRP [10sfan] by am09

Apr 26, 2012 (11:33 am)

Replying to: 10sfan (Apr 26, 2012 9:12 am)
39k

#672 of 812 Re: es 350 [am09] by car_dude24

Apr 26, 2012 (12:01 pm)

Replying to: am09 (Apr 25, 2012 7:48 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)

Replying to: car_dude24 (Apr 26, 2012 12:01 pm)
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.
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