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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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#114 of 173
Re: July Lease Rates [oghowie] by oghowie
Jul 18, 2008 (2:45 pm)
Reply

Replying to: oghowie (Jul 09, 2008 3:38 pm)

Nevermind, got the info from LeaseCompare:
 
2008 Lexus LS460 – 7/18/08
24 Month – Residual 53% of MSRP – .00245 Base Rate
36 Month – Residual 46% of MSRP – .00245 Base Rate
48 Month – Residual 36% of MSRP – .00245 Base Rate
60 Month – Residual 27% of MSRP – .00245 Base Rate
 
2008 Lexus LS460 LWB – 7/18/08
24 Month – Residual 50% of MSRP – .00245 Base Rate
36 Month – Residual 43% of MSRP – .00245 Base Rate
48 Month – Residual 33% of MSRP – .00245 Base Rate
60 Month – Residual 24% of MSRP – .00245 Base Rate
#115 of 173
Re: July Lease Rates [oghowie] by Car_man HOST
Aug 04, 2008 (2:48 am)
Reply

Replying to: oghowie (Jul 18, 2008 2:45 pm)

Hey oghowie. Just in case you haven't signed a lease on the LS that you're interested in yet, Lexus enhanced its lease program on it slightly on July 25th. Lexus Financial Services' buy rate lease money factor for it is now .00220 for consumers who qualify for its Tier 1+ credit tier. The residual values are the same.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#116 of 173
Re: July Lease Rates [Car_man] by bandj
Sep 13, 2008 (6:44 am)
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Replying to: Car_man (Aug 04, 2008 2:48 am)

Car_Man, can you update me on the latest money factor and residuals for 2008 LS 460 regular wheel base? I am looking to lease this weekend and take advantage of the model year close outs. Thanks.
#117 of 173
Lease Lexus 460 by tasl
Sep 14, 2008 (2:45 pm)
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I am looking to lease a Lexus LS460 fully loaded version in Tennessee.
Considering I am Tier 1 customer, how much should I consider to be a great deal for mw for 15000 miles/yr for 36 months long and short versions.
Any advice would be greatly appreciated.
#118 of 173
Re: July Lease Rates [bandj] by Car_man HOST
Sep 29, 2008 (5:19 am)
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Replying to: bandj (Sep 13, 2008 6:44 am)

I sure can, bandj. Lexus Financial Services' lease program for this car varies by term and mileage allowance. You never mentioned what either of these variables are, so 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. LFS' current buy rate lease money factor and residual value for a 36 month lease of an '08 LS 430 regular wheel base with 15,000 miles per year are .00220 and a terrible 39%, respectively for consumers who qualify for its "Tier 1+" credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#119 of 173
Re: Lease Lexus 460 [tasl] by Car_man HOST
Sep 29, 2008 (5:33 am)
Reply

Replying to: tasl (Sep 14, 2008 2:45 pm)

Hi tasl. I am sure that either myself or another community member would be happy to work up a sample lease payment on the car that you are interested in for you. However, in order for us to do so, we need you to provide the full MSRP and approximate selling price of the car that you are interested in. You can look up this car's MSRP and True Market Value in the New Vehicle Pricing section of Edmunds.com. You may be able to get an idea of how much you should pay for this car right now by visiting the "Lexus LS 460 Prices Paid and Buying Experience" discussion.
 
Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 Lexus LS 430 long wheel base with 15,000 miles per year are .00220 and 39%, respectively for consumers who qualify for its "Tier 1+" credit tier and pay a security deposit at lease signing.
 
You can plug the pricing information, along with the money factor and residual value into the formula that is outlined in the following article to get an idea of what sort of monthly payment to expect: Calculate Your Own Lease Payment. Or if you'd like, post that information here and I am sure that either myself or another community member will be happy to crunch some numbers for you.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#120 of 173
by viperxgtx2000
Oct 01, 2008 (7:39 pm)
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Does anybody have the new numbers for October? Will it be cheaper to lease an 09 LS460 than an 08? Does Lexus have any specials going on right now? Thanks, this will be my first lease.
#121 of 173
Re: [viperxgtx2000] by eights38
Oct 01, 2008 (9:17 pm)
Reply

Replying to: viperxgtx2000 (Oct 01, 2008 7:39 pm)

viperxgtx2000,
 
I believe that the money factor for a 2008 Lexus LS460 is 0.00265 with a 42%, 39%, and 32% residual for 12,000 miles per year and 36, 39, and 48 months, respectively. Add 1% to the given residuals for 10,000 miles per year and subtract 2% to the given residuals for 15,000 miles per year. I do not believe that Lexus has released 2009 LS460 lease rates.
 
Matt
eights38gmail.com
#122 of 173
Re: [eights38] by viperxgtx2000
Oct 02, 2008 (12:42 pm)
Reply

Replying to: eights38 (Oct 01, 2008 9:17 pm)

Thanks for your response Matt. I am currently looking to lease a Lexus but do not want to deal with my local Lexus dealer because of how their service is.
 
Does anyone know of any good websites that can negotiate a lease and deliver the vehicle?
#123 of 173
Re: [viperxgtx2000] by tonym2
Oct 02, 2008 (1:13 pm)
Reply

Replying to: viperxgtx2000 (Oct 02, 2008 12:42 pm)

I have worked successfully with carsdirect.com. You go online and select your model and options, their price is shown online right away. If you accept it, they negotiate with a dealer and the car can even be delivered to your door (dealer dependent). Technically they are brokers, who have bulk deals with the fleet managers at dealerships. Hope that helps.

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