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Lexus LS 460 Lease Questions

173 messages,  Last post on Nov 02, 2009 at 5:21 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Lexus LS 460, Car Leasing, Sedan


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#104 of 173
Why not explore it? by topgun7
May 29, 2008 (9:38 pm)
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"Should I wait until a couple of months before my lease expires or start talking with my dealership now"
 
If you want a new car now (and probably pay a little bit higher monthly price, then it is a worthwhile thing to explore). I leased an 02 LS430 and 02 SC430 before and now our lease for an 05 Mercede CLK55 will expire at end of June. Mercede also offers a pull ahead program when they will pull ahead 5 lease payments. I would imagine the Lexus program is similar. The thing to concern about is the lease payment for the new LS460.. Depending on the equipment level and dealer discount, you may be looking at a monthly payment higher than your current one. We end up didn't take advantage of the Mercedes pull ahead program, but we did talk to our salesman about some of the cars that we are interested in...
#105 of 173
June MF and Residuals by oghowie
Jun 04, 2008 (10:03 am)
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Does anyone have the LS460 MF and Residuals for June 2008? I'm looking to get the best deal for my dad.
 
Thanks!
#106 of 173
Re: June MF and Residuals [oghowie] by Car_man HOST
Jun 11, 2008 (2:32 am)
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Replying to: oghowie (Jun 04, 2008 10:03 am)

Hi oghowie. You never mentioned how long you want to lease this car for or what mileage allowance you need. For now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. According to the latest information that I have seen, Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a base 2008 LS 460 with 15,000 miles per year are .00235 and 50%, respectively for consumers who qualify for its Tier 1+ credit tier.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#107 of 173
Re: June MF and Residuals [Car_man] by oghowie
Jun 11, 2008 (8:53 am)
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Replying to: Car_man (Jun 11, 2008 2:32 am)

Hi Car Man,
 
Yes, we're interested in the 36month lease and my dad is a Tier 1+ customer.
 
However, I just found out his lease isn't up until July, so I think I may have to ask you the same question next month.
 
Thanks again for the info.
#108 of 173
Re: June MF and Residuals [oghowie] by lexuslease
Jun 22, 2008 (7:25 am)
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Replying to: oghowie (Jun 11, 2008 8:53 am)

I haver never leased before and am interested in becoming educated. One thing I was curious about was if the lease payment relates to the amount of use, i.e. depreciation, would it mean that by leasing a couple year old certified used Lexus LS, say 2007, the difference between the cap and the residual would be much less and therefore the lease payments would be a lot lower than if you went for a new model lease.
#109 of 173
Re: June MF and Residuals [lexuslease] by woppenhe
Jun 22, 2008 (1:10 pm)
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Replying to: lexuslease (Jun 22, 2008 7:25 am)

It depends on howw good a negotiator you are, but it should work out that way. In leases you are paying for the depreciation and for the cost of the loan. The less of each, the better off you are.
#110 of 173
What is best price for leasing 2008 LS460 in Chicago area by alfe
Jun 24, 2008 (4:55 pm)
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I wish to lease a 2008 LS 460 with Navig/Mark Levinson, comfort package, intuitive park assist, and automat power door close options. What have been the best deals in the Chicago area for a 36 or 39 month, 12 K miles/yr lease?
 
alfe
#111 of 173
Best price for lease in California by 49ercarguy
Jun 26, 2008 (6:14 pm)
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Replying to: blazinginder (May 18, 2008 11:06 pm)

I am in California and looking to lease an LS 460 I have always leased and bought with Fresno Lexus in the past. I am right in the middle so going to San Francisco or LA areas would not be a problem for me. I have quote from Interstate Auto Leasing for 1190 w/taxes a month with zero down. It is a 36 month lease with 15K miles a year and comes with the Mark Lev sound system upgrade. I want zero down because I am self employed and can get a tax write off the monthly payments but not the down payment. What have your heard about the best deals in California?
#112 of 173
July Lease Rates by oghowie
Jul 09, 2008 (3:38 pm)
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Hi,
 
We're finally about to pull the trigger on a lease this month so could I please get the MF and residuals?
 
We're looking at 3 yrs, 15k
Tier 1+ Credit
 
Thanks again!
#113 of 173
Re: July Lease Rates [oghowie] by topgun7
Jul 12, 2008 (11:51 pm)
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Replying to: oghowie (Jul 09, 2008 3:38 pm)

"What have your heard about the best deals in California? "
 
I am living in the greater S.F. bay area and have been waiting for the 09. I think the residual will be better with the 09 and hopefully it may have some minor improvement (espeically the wind noise issue). Have you look into the multiple deposit program from Lexus Financial? I think they change the rule to allow 9 deposit with each deposit lower the money factor by 0.00007 (used to be each deposit lower the money factor by 0.0001). Should reduce your monthly payment by 80 to 100 or so...

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