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Lexus LS 400/LS 430 Lease Questions - READ ONLY

54 messages,  Last post on Jun 07, 2007 at 6:32 PM

You are in the Lexus LS 400/LS 430 Forum. Your Hosts are pat & karens

What is this discussion about? Lexus LS 430, Lexus LS 400, Car Leasing, Sedan


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#35 of 54
Re: Lease for Ls 460 swb? for "Car man" [yak54] by Car_man HOST
May 01, 2006 (3:54 am)

Replying to: yak54 (Apr 20, 2006 6:34 pm)

Hi yak54. The fact that the 2007 Lexus LS is a new model is a mixed blessing. The bad news is that the fact that it is such a new model almost assures that Lexus will not provide any lease money factor support on it. The good news is, as you mentioned, that it will likely have very high residual values. I haven't seen Lexus' lease program for this car yet, so I have no idea what its residual values will be like. I suspect that its money factor will be the same as Lexus Financial Services' standard money factor, which is currently .00255 for consumers who qualify for its Tier 1+ credit tier.
 
Car_man
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#36 of 54
Re: Need Info! [peters902] by Car_man HOST
May 01, 2006 (8:06 am)

Replying to: peters902 (Apr 24, 2006 9:46 am)

Hi peters902. Through June 30th, Lexus Financial Services' buy rate lease money factor and residual value for a 36 month, 15,000 mile per year lease of a base '06 LS 430 are .00156 and 51%, respectively for consumers who qualify for its Tier 1+ credit tier. You never mentioned the specific length of lease or mileage allowance that you are interested in. I provided you with information on this car's 36 / 15 lease program because this is one of the most common configurations. Let me know if you are interested in something different.
 
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#38 of 54
Re: Need Info! by peters902
May 08, 2006 (4:30 am)
Car Man, or anyone listening:
 
Thanks for the answer. . .is there a difference in residual for 39 months/ 15,000 miles on a 2006 LS 430? Also, I have gotten some good numbers, but have run into the $500-$700 add-on for "advertising" when I get a price. It is added on to the invoice price. Most South Florida dealers are going below invoice, before they add this on, and they say that there's nothing they can do since this is a Lexus charge. What's the skinny on that?
#39 of 54
Re: Need Info! [peters902] by Car_man HOST
May 31, 2006 (3:35 am)

Replying to: peters902 (May 08, 2006 4:30 am)

Hey peters902. Lexus Financial Services' 39 month lease program is different than its 36 month program. If you were to lease a 2006 LS 430 through Lexus Financial Services right now for 39 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00156 and 48%, respectively.
 
As far as the advertising charge goes, ignore it. Rather than letting dealers cloud the big picture with all sorts of fees, focus on the most important number - the total price that you have to pay to drive off in the new car that you want. It doesn't matter how the price breaks down if a dealer is offering you the lowest total price. Shop around for out-the-door prices on the car that you want and go with the dealer that offers you the best deal, provided that you feel comfortable with them.
 
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#40 of 54
Re: Need Info! [Car_man] by rley
Jul 19, 2006 (6:13 am)

Replying to: Car_man (May 31, 2006 3:35 am)

I notice the last post was in May and it is now July. What can be expected on a 3 yr or 39 month lease at this time. I am considering 15,000 / yr and no money down.
 
Thank you
#41 of 54
WHY SO LOW?? by stickgs
Jul 19, 2006 (6:41 pm)
Car Man: Why are the residual percentages so low on the 2006 LS430's? 48% on a 39mo lease seems way low when you consider 39mo/12k residuals on a 2006 Infinity M45 are around 62%!! Say it ain't sooooo!
#42 of 54
Re: Need Info! [rley] by Car_man HOST
Aug 02, 2006 (1:36 am)

Replying to: rley (Jul 19, 2006 6:13 am)

Greetings rley. Here's the info that you're looking for. If you were to lease a 2006 Lexus LS 430 through Lexus Financial Services right now for 39 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00150 and 46%, respectively. The money factor for a 36 month lease would be the same, but the residual value would increase to 49%.
 
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#43 of 54
Re: WHY SO LOW?? [stickgs] by Car_man HOST
Aug 02, 2006 (1:50 am)

Replying to: stickgs (Jul 19, 2006 6:41 pm)

It's difficult to say why the LS 430's residual values are so much lower than the Infiniti M45's residuals. I suspect that a major part of the reason is that Lexus Financial Services' residual values for the LS are more realistic than Infiniti Financial Services' residual values for the M45 are. Banks often artificially inflate vehicles' residual values to help provide attractive lease payments on them. BMW does it all the time. It's a great way to hide lease support.
 
Car_man
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#44 of 54
Re: Need Info! [Car_man] by carnut12
Aug 04, 2006 (12:53 pm)

Replying to: Car_man (Aug 02, 2006 1:36 am)

Car_man,
 
What about the MF and residual for 12k miles / 36 months through lexus? Also, do you know why edmunds hasnt updated the incetives and rebates section? I know lexus, mercedes and others have all kinds of incentives and they are not posted. Thanks for your help.

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