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Lexus IS 350 and IS 250 Leasing Questions

1166 messages,  Last post on Dec 06, 2009 at 10:52 PM

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What is this discussion about? Lexus IS 250, Lexus IS 350, Lexus IS, Car Leasing, Sedan

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#1140 of 1166 Re: October lease rates [thefifthape] by Car_man HOST Oct 08, 2009 (2:24 am)
Replying to: thefifthape (Oct 01, 2009 5:23 am) Hello thefifthape. Please see my previous posts for the info on the 2009 IS 250. Lexus Financial Services' October buy rate lease money factor and residual value for a 36 month lease of a 2009 IS 350 with 15,000 miles per year are .00120 and 50%, respectively for consumers who qualify for its top credit tier.   The numbers for an otherwise identical lease of a 2010 IS 350 are .00220 and 57%.   The numbers for an identical lease of a 2010 IS 250 RWD are .00220 and 60%.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1141 of 1166 Re: My deal on an 09 IS 250 [benzserviceguy] by Car_man HOST Oct 08, 2009 (2:26 am)
Replying to: benzserviceguy (Oct 03, 2009 6:41 pm) Congratulations on getting your new IS, benzserviceguy. Thanks for taking the time to share the details of your lease. It sounds like you had a pleasant dealer experience. If you'd like, you can hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your experience with others in greater detail.   Enjoy your new ride !   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1142 of 1166 new quote on 2009 lexus IS 350 - Fully loaded by redlinepb Oct 14, 2009 (8:18 am)
MSRP - $43,250.00 selling price $38,016.00 zero down 36 months/12,000 miles a year   monthly payment - $597 tax in   what do you guys think? it took awhile to get them to this number and lots of haggling
#1143 of 1166 Re: Cap Reduction??? [Car_man] by redlinepb Oct 16, 2009 (7:09 am)
Replying to: Car_man (Aug 27, 2009 2:46 am) Carman,   What do you think of this deal? It is for a 2009 Lexus IS 350 fully loaded   MSRP - $43,250.00 selling price $38,016.00 zero down 36 months/12,000 miles a year    monthly payment - $597 tax in Replies to this message: benzserviceguy (Oct 17, 2009 11:34 am) redlinepb (Oct 19, 2009 3:28 am) Car_man (Oct 27, 2009 1:54 am)
#1144 of 1166 Re: Cap Reduction??? [redlinepb] by benzserviceguy Oct 17, 2009 (11:34 am)
Replying to: redlinepb (Oct 16, 2009 7:09 am) redlinepb:   You left out a few important items:   Did you get quoted the BUY lease rate money factor? (should be .00120 for Top Tier - over 720 credit)   Are they calculating the payment using the correct residual valve %? (should be 52% with 12k per yr)   What is your county/state tax %?   The "sales" price - does that include the $700.00 acquisition fee??   So to answer your question: NO this is NOT a good deal!!   IF: the "sales" price does not include the acq fee (you have to add it in) and the #'s I have plugged in (MF, residual %) are correct then your BASE payment (w/o taxes) should be: $524.17 add crazy California, LA county 9.75% tax rate and you come to $575.28   Hope this helps!!   BTW: The 'sales' price you were quoted, is that INVOICE, below invoice or above invoice?? Remember, the lease monthly payment is calculated on the negotiated selling price of the car - DON'T BE A PAYMENT SHOPPER!!! Replies to this message: redlinepb (Oct 19, 2009 3:28 am)
#1145 of 1166 Re: Cap Reduction??? [benzserviceguy] by redlinepb Oct 19, 2009 (3:28 am)
Replying to: benzserviceguy (Oct 17, 2009 11:34 am) Thank you so much for your reply and all of your very helpful information. With this information I will get better pricing and get back to you with all of the information you asked for. This really helps me, thank you so much!   Btw: I do have top tier credit so that information was correct
#1146 of 1166 new to leasing and this was my quote by afshan Oct 20, 2009 (8:52 am)
hey guys   im new to leasing and im learning bout mf and residual,   i just want to know if the quote i got was a good one or do you think i can do better   2009 is 250 premium package with navi   10k miles, 3000 down, 375 month, includes tax, i think the mf is at .00085, but i have to check they never gave me all the details.   what do you guys think? thanks Replies to this message: redlinepb (Oct 20, 2009 9:05 am) greeneyespsu (Oct 20, 2009 9:57 am) cmks02 (Oct 20, 2009 4:25 pm) benzserviceguy (Oct 21, 2009 6:51 pm)
#1147 of 1166 Re: new to leasing and this was my quote [afshan] by redlinepb Oct 20, 2009 (9:05 am)
Replying to: afshan (Oct 20, 2009 8:52 am) Well the first thing anyone who leases will tell you is it is not a good idea to put money down on a lease especially that much. When you go in have them factor the numbers with NO MONEY DOWN   Other info we need to know to help figure out your monthly payments would be   What is the MSRP price of the car What is the selling price of the car - the selling price of the car is what you want to be your main concern. Get this as low as possible to get your payments lower
#1148 of 1166 Re: new to leasing and this was my quote [afshan] by greeneyespsu Oct 20, 2009 (9:57 am)
Replying to: afshan (Oct 20, 2009 8:52 am) As redlinepb said, we really need the MSRP and selling price to know if that's a good deal. Please post back with that info and we'll be more than happy to help you.   I know I've posted this over and over, but just so you have a guideline, I got my 2009 IS250 back in the end of March (so 7 months ago when there were no 2010's even close to coming out!) with premium, navi, and 18" wheels. It is MSRP $37,656 and it was sold to me at $32,448.   For a little more info.. my MF was a promo at .0007 and I paid it down to .00006 (.144%!!!) with 9 MSD's so my interest is only a little over $100 over 3 years! My payments (in SoCal) are $417.07 per month and my driveoff was first month, title, reg. (~$700)   If you're willing to put down $3000 I would recommend using it as MSD (multiple security deposits) to pay down your MF so you pay less interest over the life of the lease (it really is a significant amount you'd save!). Good luck! Replies to this message: cmks02 (Oct 20, 2009 4:25 pm)
#1149 of 1166 Re: new to leasing and this was my quote [greeneyespsu] by cmks02 Oct 20, 2009 (4:25 pm)
Replying to: greeneyespsu (Oct 20, 2009 9:57 am) greeneyes:   Please help me understand the the MSD rate negotiation strategy. Are you actually going out of pocket paying MSD in lieu of making a cap cost reduction down payment? What happens if you total the leased car...in that case what happens to the MSD? Do you get 100% of the MSD back at the end of the lease, assuming the the car is returned without any lease return defects?   Thanks in advance for the response.

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