- #51 of 1315
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is 250 AWD in nj
by christina271
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Mar 06, 2006 (2:55 pm)
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Hello everyone
just wondering if i could get some info on an is250 awd with an msrp of 37,229
12k 36 month lease through lexus financial
could you tell me the MF and residual pleasE??
thanks alot!
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- #52 of 1315
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current offers
by jaypolostls
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Mar 06, 2006 (7:55 pm)
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hello, I would like to know what are the current money factors and 36-42 mo. residuals for an is350 w/sport package and an msrp of 39,725. I'm also a previous lexus purchaser, with an '02 is 300 and an '02 rx 300. Is it possible to get the customer loyalty rates?
thanks
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- #53 of 1315
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Best lease offers?
by riemu7
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Mar 10, 2006 (2:39 pm)
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I'm really interested in leasing the IS 250 AWD, standard features, however right now my salesperson admitted not to be negotiating at this time. She quoted me an outrageous $590/month, 15k, 36 months, for a $35,000 2006 IS AWD, zero down.
What are some more realistic offers that people have been getting?
I guess I might just have to wait until the end of the model year... 
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- #54 of 1315
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IS350 Lease Program
by dfd3
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Mar 13, 2006 (9:06 am)
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Hello Car man:
I read your post #43 and was intrigued by the 1 pay lease. Can you tell me if the money factors and residuals you used are still accurate? Also, I noticed that your post dealt with the IS250 AWD. Are the factors the same for the IS 350? I am looking for the residuals, MF, and excess mileage charges on an IS350 for a 30 month lease with 20K miles per year. Do you have that information?
Thank you.
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- #55 of 1315
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Re: is 250 AWD in nj [christina271]
by mshefman
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Mar 15, 2006 (12:41 pm)
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Replying to: christina271 (Mar 06, 2006 2:55 pm)
I just priced out an IS 250 AWD, 36 months, 12K Miles without luxury package........After much negotiating, I was given the price of $423/month (including tax, etc...) with approx $4700 down of which $1200 is the non refundable security deposit. Curious of the consensus of the group if this is a good deal?
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- #56 of 1315
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Re: IS350 Lease [gimlys4]
by Car_man HOST
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Mar 16, 2006 (4:01 am)
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Replying to: gimlys4 (Feb 24, 2006 9:04 pm)
Hi gimlys4. Over $900 a month for a Lexus IS 350 is nuts! I definitely would not pay anywhere near that much for this car. For that kind of money you could get any one of a million better vehicles. One of the problems here is the fact that you have so much negative equity. It would be in your best interest to wait until you are less upside down on your current vehicle to get something else.
Car_man
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- #57 of 1315
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Re: is 250 AWD in nj [christina271]
by Car_man HOST
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Mar 16, 2006 (4:03 am)
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Replying to: christina271 (Mar 06, 2006 2:55 pm)
Here you go christina271. If you were to lease a Lexus IS 250 2WD through Lexus Financial Services right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00265 and 59%, respectively.
Car_man
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- #58 of 1315
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Re: current offers [jaypolostls]
by Car_man HOST
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Mar 16, 2006 (4:06 am)
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Replying to: jaypolostls (Mar 06, 2006 7:55 pm)
Greetings jaypolostls. If you were to lease a 2006 Lexus IS 350 through Lexus Financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00265 and 59%, respectively. The numbers for an otherwise identical 39 month lease should be .00265 and 56%. I have not seen this car's 42 month program. I'm not sure of the exact reduction that LFS provides to loyal customers, but you should qualify for it.
Car_man
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- #59 of 1315
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Re: IS350 Lease Program [dfd3]
by Car_man HOST
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Mar 16, 2006 (4:44 am)
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Replying to: dfd3 (Mar 13, 2006 9:06 am)
Hi dfd3. Lexus is not currently providing any sort of lease support on the IS. As a result, if you were to lease one through Lexus Financial Services right now, you would have to use its standard lease money factor. The last time that I saw it, LFS' buy rate standard lease money factor for consumers who qualify for its Tier 1+ credit tier and pay a security deposit was .00265. LFS provides a .00100 money factor reduction for consumers who pay for their entire lease in advance. Its current 30 month, 15,000 mile per year residual value for the '06 IS 350 is 62%. 15,000 miles per year is the highest mileage allowance that LFS publishes residual values for. If you need to drive more than this, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until the end of your lease and have to pay an excess mileage penalty.
Car_man
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- #60 of 1315
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Re: is 250 AWD in nj [mshefman]
by Car_man HOST
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Mar 16, 2006 (4:47 am)
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Replying to: mshefman (Mar 15, 2006 12:41 pm)
Hello mshefman. You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what these numbers are.
For now I can tell you that it is not a good idea to make such a large down payment when leasing. I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your IS would be exactly the same, regardless of whether you had put several thousand dollars down, or had made absolutely no down payment at all.
Car_man
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