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Lexus ES 350 Lease Questions

478 messages,  Last post on Dec 05, 2009 at 11:14 PM

You are in the Lexus ES Forum. Your Hosts are pat & karens

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


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#460 of 478
Re: 2010 ES350 [lhatten] by Car_man HOST
Oct 26, 2009 (2:21 am)
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Replying to: lhatten (Oct 13, 2009 6:23 am)

Hi lhatten. Lexus Financial Services' October buy rate lease money factor for a 36 month lease of a 2010 ES 350 with 15,000 miles per year are .00075 and 50%, respectively.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#461 of 478
Re: 2010 ES350 Numbers [lexlease1] by Car_man HOST
Oct 26, 2009 (2:23 am)
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Replying to: lexlease1 (Oct 15, 2009 1:04 pm)

Here you go, lexlease1. Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 ES 350 w/Ultra and 12,000 miles per year are .00235 and 58%, respectively.
 
I realize that the car that you're interested in is equipped with the Ultra package, but still $700+ per month for a Lexus ES is nuts. There's lots of better cars out there that you could lease for less than that.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#462 of 478
Re: 2010 ES350 Numbers [Car_man] by lexlease1
Oct 29, 2009 (12:33 pm)
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Replying to: Car_man (Oct 26, 2009 2:23 am)

Thank you very much Car man. What do you think a fair payment for this car would be?
#463 of 478
Re: 2010 ES350 Numbers [Car_man] by wokscott
Oct 29, 2009 (5:05 pm)
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Replying to: Car_man (Oct 26, 2009 2:23 am)

About to go pick up a 2010 Lexus ES350 w/ Nav. MSRP is $40,080 or something around there. 36 months, 12,000 per year., $0 drive off w/ a payment of $536/month. They also included free maintenance. Is this good???
#464 of 478
Re: 2010 ES350 Numbers [wokscott] by wokscott
Oct 29, 2009 (10:39 pm)
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Replying to: wokscott (Oct 29, 2009 5:05 pm)

So here are all the numbers on the 2010 Lexus ES350 w/ Navigation and other smaller options with $0 drive off I just picked up.
MSRP $40,025
Invoice $36,021
Cap Cost $36,479
Residual $24,015 (60%)
MF .00235
Term 36 Months
Miles 12,000 per year
Payment $536 per month
They also paid $1,092.14 which included first payment, tags and fees. Leaving me with only 35 payments. Do you guys think I did okay on this?
#465 of 478
Re: 2010 ES350 Numbers [wokscott] by fredm6
Nov 02, 2009 (12:52 pm)
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Replying to: wokscott (Oct 29, 2009 10:39 pm)

Hi,
This deal sounds fabulous. My wife is looking and we have been to a couple of dealers and are getting quotes not that good on a $37060 MSRP. Would like one just like yours. What state are you in??? These are our first quotes, so I know they still have some room to deal. What packages did you get to make that MSRP in addition to the NAV.
#466 of 478
Re: 2010 ES350 Numbers [fredm6] by wokscott
Nov 02, 2009 (2:33 pm)
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Replying to: fredm6 (Nov 02, 2009 12:52 pm)

I'm in Los Angeles... I also had parking assist, rear shade, wood trim and something else added in to the MSRP.
#467 of 478
Re: 2010 ES350 Numbers [lexlease1] by Car_man HOST
Nov 15, 2009 (6:08 pm)
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Replying to: lexlease1 (Oct 29, 2009 12:33 pm)

You're welcome, lexlease1. What a fair payment for this car is will depend upon that its MSRP is. I would be happy to use Lexus' current lease program to work up a sample payment for you if you provide me with this car's MSRP and approximate selling price, or MSRP and dealer invoice price. You can find this data over in the New Vehicle Pricing section of Edmunds.com.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#468 of 478
Re: 2010 ES350 Numbers [Car_man] by lexlease1
Nov 16, 2009 (11:57 am)
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Replying to: Car_man (Nov 15, 2009 6:08 pm)

Car man, The MSRP for the car is 44,414 and the invoice is right about 40,000. Thank you.
#469 of 478
Re: 2010 ES350 Numbers [lexlease1] by Car_man HOST
Nov 17, 2009 (3:06 am)
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Replying to: lexlease1 (Nov 16, 2009 11:57 am)

No problem, lexlease1. Thanks for the additional information. Let's crunch some numbers and see what we come up with. According to my calculations, if you were to lease a 2010 ES 350 w/Ultra that has an MSRP of $44,414 and a selling price of $40,750 through Lexus Financial Services right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $560.
 
I assumed a selling price of $750 over invoice for this exercise, a higher selling price would cause the payment to rise and vice versa.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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