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Prices Paid: Buying & Leasing Experiences 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
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Replying to: bandj (Sep 13, 2008 6:44 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: tasl (Sep 14, 2008 2:45 pm) 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 |
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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. | |
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Replying to: viperxgtx2000 (Oct 01, 2008 7:39 pm) 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 eights38  gmail.com
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Replying to: eights38 (Oct 01, 2008 9:17 pm) Does anyone know of any good websites that can negotiate a lease and deliver the vehicle?
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Replying to: viperxgtx2000 (Oct 02, 2008 12:42 pm) |
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Replying to: viperxgtx2000 (Oct 01, 2008 7:39 pm)
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Replying to: tbrook (Oct 03, 2008 10:24 am) |
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What part of the country are you in? I don't know if you know this, but you can substantially reduce your lease payment by putting down at signing up to 9X ytour monthly lease payment as a security deposit which you get back fully at the end of your lease. I did this and reduced my lease payment by 7.6% of the total security deposit! Not a bad return and it is non-taxable. You can't get that from a CD, bond or money market fund. All you need to do is to put down around $9000 and you will reduce your monthly lease payment by around $63. ALFE |
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Car_man, do you have any info on the December to Remember events for LS460 SWB? I am looking to lease either an 08 or 09 LS460 for 36 months 15K mi/year in California. I understand that 08 still have 4k dealer cash (but the choice of color and como is limited at this time) but 09 should have a higher residual. I wonder if the higher residual for 09 is enough to cover the potential 4K additional discount for an 08.
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