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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 68 of 83

#666 of 823 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 823 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 823 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 823 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 823 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 823 Re: MSRP [10sfan] by am09

Apr 26, 2012 (11:33 am)

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

#672 of 823 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 823 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.

#674 of 823 general ny leasing question by ezerics

May 08, 2012 (9:43 am)

I have a sort of general question. I leased a 2011 ES 350 back in May of 2011. I ended up with 545 a month. I purchased on Long Island, NY. I visited a few dealers and they explained that the 'base' model around here typically includes wood trim and sunroof, leather, etc. So if that is the case how are you supposed to judge the price. Would you basically use the Edmunds base price and then add the price of the luxury package to that? I ended up getting the Nav system and paying 545/mo. I put zero down but I had some out of pocket cost for sales tax and various fees. I was happy at the time.
 
Then in Dec. 2011 my boss leased the same vehicle from the same dealer and got it at 520/mo but claimed that he did not pay any sales tax. Ever since I've wondered how he paid nothing down or even sales tax. Is this possible? I've tried to look into it but I thought you were required to pay NYS sales tax up front.
 
Could someone please explain how NYS sales tax works in a lease and what are the permitted acceptable fees that we should pay at the commencement of a lease.

#675 of 823 Re: general ny leasing question [ezerics] by kyfdx@Edmunds HOST

May 08, 2012 (12:42 pm)

Replying to: ezerics (May 08, 2012 9:43 am)
The sales tax is paid upfront (in NY), but you don't have to pay it upfront, directly..
 
The bank will pay it, and then add that amount on to the CAP cost of your vehicle..

Messages Page 68 of 83

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