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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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#147 of 173
Re: I'm gonna lease a LS460 need help!! [eclipse2] by bmlexus
May 14, 2009 (3:09 am)
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Replying to: eclipse2 (May 13, 2009 3:24 pm)

Hello, I can't answer your question, but just wanted to ask, how old are you, since everyone always talks about the LS460 an older persons car, just wanted to know.
#148 of 173
Re: I'm gonna lease a LS460 need help!! [eclipse2] by richz
May 14, 2009 (4:16 am)
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Replying to: eclipse2 (May 13, 2009 3:24 pm)

I can't help you much but try and find out if the money factor he is quoting you is marked up at all. I would guess it is fine since I recall it is usually around .00210 but always good to make sure. My initial hunch is that he is not discounting the car enough from MSRP. Once you confirm the money factor and figure out what other people are getting off MSRP then you can calculate your monthly payments yourself.
#149 of 173
Re: I'm gonna lease a LS460 need help!! [richz] by eclipse2
May 14, 2009 (6:03 am)
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Replying to: richz (May 14, 2009 4:16 am)

Thanks for the tip!!
#150 of 173
Re: I'm gonna lease a LS460 need help!! [bmlexus] by eclipse2
May 14, 2009 (6:06 am)
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Replying to: bmlexus (May 14, 2009 3:09 am)

I'm 45 I never heard that one before...Plus you are as old as you feel!! lol I have a Lexus IS-F too so I guess that is a young person car...
#151 of 173
Re: February 2009 LS460 lease details [Car_man] by twan88
May 14, 2009 (8:46 am)
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Replying to: Car_man (Feb 27, 2009 2:52 am)

its this great site called www.leaseguide.com its a great calculator just with the information you provided i calulated the payments for my state.
#152 of 173
Re: I'm gonna lease a LS460 need help!! [eclipse2] by richz
May 14, 2009 (7:09 pm)
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Replying to: eclipse2 (May 14, 2009 6:03 am)

No problem. Unfortunately I haven't found a good resource for determining what the money factor from lexus financial is and the residuals, etc. I have found good resources for BMW and Mercedes but never had luck for Lexus. Edmunds doesn't always have all the trunk money/incentives listed so Lexus may be offering some support to dealers but I don't know how to find out.
#153 of 173
Re: I'm gonna lease a LS460 need help!! [richz] by eclipse2
May 15, 2009 (5:30 am)
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Replying to: richz (May 14, 2009 7:09 pm)

I spoke with about 4 dealers and $68,500 from 75,544 was the best I could get! the next best was $69,255 when I told them I could get it for $68k they said buy that one thats a good price we can't do it. I was gonna buy it yesterday but I want to make sure I'm getting the best price plus MF .00210 for 12k miles 36mon 44% or 42mon 39%
#154 of 173
Re: I'm gonna lease a LS460 need help!! [eclipse2] by alfe
May 15, 2009 (6:56 am)
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Replying to: eclipse2 (May 15, 2009 5:30 am)

Are you aware that you can put down up to 9 times your lease payment in cash at signing and substantially reduce your monthly lease payment (you get all of the money back at the end of the lease)? I did that when leasing my 2008 LS460. The savings in my lease payment came to over 7% per year on the money I put down. ALFE
#155 of 173
Re: I'm gonna lease a LS460 need help!! [eclipse2] by richz
May 15, 2009 (7:28 pm)
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Replying to: eclipse2 (May 15, 2009 5:30 am)

What's the invoice price on the car? I wouldn't pay much, if any, over invoice in this market.
#156 of 173
Re: I'm gonna lease a LS460 need help!! [eclipse2] by Car_man HOST
May 22, 2009 (1:47 am)
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Replying to: eclipse2 (May 07, 2009 4:51 pm)

Hi eclipse2. Let's work up a sample lease payment on this car and see what we come up with. According to my calculations, if you were to lease a base (aka 2WD SWB) 2009 Lexus LS 460 that has an MSRP of $75,544 and a selling price of $68,500 through Lexus Financial Services right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $1,187 assuming that you qualify for its top aka Tier 1+ credit tier.
 
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