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Lexus LS 460 Lease Questions

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

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

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#162 of 173 Re: I'm gonna lease a LS460 need help!! [furnman1] by Car_man HOST Jun 12, 2009 (2:30 am)
Replying to: furnman1 (Jun 10, 2009 8:08 pm) Thanks furnman1. Lexus' lease program on the LS 460 is actually pretty good right now. I believe that its money factor on this car is the lowest that it has been all year. You might be able to get a better money factor on it by waiting until Lexus' annual "December to Remember" sales event to lease one, but perhaps not. This car's residual values might have dropped so much by then that they would eat up any money factor enhancement. there's nothing wrong with leasing an LS 460 right now. If I had my heart set on getting one I probably would. I doubt that you are going to get a better deal on one by waiting until the 2010s arrive.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: topgun7 (Oct 31, 2009 9:21 pm)
#163 of 173 ES Lease rates by kmbaer Jun 16, 2009 (6:23 am)
Car_Man,   I have been trying to get residuals and money factors for '09 ES350. We are in the South Florida market. Any help will be appreciated. Replies to this message: Car_man (Jul 20, 2009 2:24 am)
#164 of 173 leasing prices by rbsc Jul 04, 2009 (2:15 pm)
I am getting prices for a lease on on 2009 460 L AWD . So far the best deal I have been quoted is $1,292 w/o tax for 36 months 15k the car is smoky granite with a black interior. It has the upgraded Levinson with 19 speakers, Telios wheels and the chrome pillars. How does this deal sound ?
#165 of 173 Re: ES Lease rates [kmbaer] by Car_man HOST Jul 20, 2009 (2:24 am)
Replying to: kmbaer (Jun 16, 2009 6:23 am) Hi kmbaer. This particular discussion is for community members to talk about leasing the Lexus LS 460. Please post any questions that you have about leasing an ES 350 in the "Lexus ES 350 Lease Questions" discussion. Thanks.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#166 of 173 July MF & Residuals by spicytuna Jul 20, 2009 (3:40 am)
What are the July MF & Residuals, assuming 3 year lease and 12000 miles per year. TIA Replies to this message: maha (Jul 22, 2009 11:21 am) Car_man (Aug 06, 2009 2:10 am)
#167 of 173 Re: 2009 LS460 lease.. $799/month by maha Jul 22, 2009 (11:21 am)
Replying to: spicytuna (Jul 20, 2009 3:40 am) This too good to be true? What's the catch?   http://www.swapalease.com/VehicleSearch/VehicleDtlL.asp?year1=&year2=&make=Lexus- &model=LS+460&category=&state=&zipcode=&zipDistance=&begPayment=&endPayment=&beg- Price=&endPrice=&BegMonthsRemaining=&EndMonthsRemaining=&BegMilesPerMo=&EndMiles- PerMo=&recent_list=&forSale=&Country=&ListingType=&ExtColor=&IntColor=&Engine=&T- ransmission=&showIncentive=&showNewLease=&leaseCompany=&showOnlyDealer=&DUID=&re- sultsPerPage=10&page=1&sort=3&vehicleID=475010
#168 of 173 Re: July MF & Residuals [spicytuna] by Car_man HOST Aug 06, 2009 (2:10 am)
Replying to: spicytuna (Jul 20, 2009 3:40 am) Hello spicytuna. 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 2009 LS 460 with 12,000 miles per year are .00075 and 44%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#169 of 173 Opinions on new LS lease program by andy_w Oct 15, 2009 (1:28 pm)
Hi All,   I'm considering to purchase an LS. The salesman told me the new LS lease program that is effective this month. For an 09 AWD model with MSRP $72,405 (I guess with this price it probably includes most options, excluding Mark Levinson audio), the lease price is $869/mo with 10K miles/yr, $2800 down. For 12K miles/yr, $30 is added per month. I have seen the previous postings on the lease price, so this price seems quite attractive. Still I'd like to hear opinions of experts here. Do you think this price is worth to rush in, or there is still room to negotiate (the salesman said it's "non-negotiable".) And would this price justify the lease over buying?   Thanks for the help,   Andy Replies to this message: topgun7 (Oct 31, 2009 9:53 pm)
#170 of 173 Re: I'm gonna lease a LS460 need help!! [Car_man] by topgun7 Oct 31, 2009 (9:21 pm)
Replying to: Car_man (Jun 12, 2009 2:30 am) Thanks furnman1. Lexus' lease program on the LS 460 is actually pretty good right now. I believe that its money factor on this car is the lowest that it has been all year. You might be able to get a better money factor on it by waiting until Lexus' annual "December to Remember" sales event to lease one, but perhaps not.   I second that . I leased an 08 LS460 with ML/NAV, MSRP 75+K with a cap cost of 59+K in December 08 (don't laugh, Lexus had an 9000 delear cash last year when the economy hit the fence) and I put 9 lease payment to reduce the money factor. My monthly payment is in the $970+ + tax range.. The residual was set very low. After 3 years, 15k mile, I can purchase the car for 29K+.. The way Lexus set the December to remember lease rate is to make sure that your payment is about the same as in Nov. So they gave you lower money factor but lower residual as well.. If you want to buy the car at the end of the lease, then by all mean wait and see what Dec bring.. If you don't care about buying the car, your payment may not be too much different and you get a better selection of color and equipment combo...
#171 of 173 Re: Opinions on new LS lease program [andy_w] by topgun7 Oct 31, 2009 (9:53 pm)
Replying to: andy_w (Oct 15, 2009 1:28 pm) And would this price justify the lease over buying?    It is a fairy loaded question and probably will take you a while to compare all the minor details.. If you can write off part of the lease because you use it for business, lease is the answer. However if you don't use the car for business, it boil down to you cost of money in lease vs purchase (i.e. the cheapest interest rate vs money factor that you can get), the price lease vs purchase (sometime you can get a better price one way or the other if manufacturer run special rebate for one program but not the other), and the tax treatement of lease vs purchase (in some states, tax is only calculate on the monthly payment e.g. California. In other states, tax is calculate on the entire sales price. In yet other states, you can deduce your trade in when you calculate sales tax on purchase but not lease).. Then you have to figure how much is gap insurance worth to you. Every Lexus lease (and most manufacturers' lease), they throw in a gap insurance where if you have an accidence during the lease period, you can hand the manufacturer your insurance check and walk away from the lease if you have an accident that total the car. If you purchase the car, it is anyone guess as to whether the insurance check will cover the real worth of the car at the time of accident.   In 03/04, I leased my son and daughther and 04 Honda coupe in California and I bought myself and 04 Honda sedan in Arizona. And it was down to the different tax treatment between California and Arizona because I have a car to tarde in..   My take is go with any special that a manufacturer give you if you don't use the car for business.. If they are promoting lease then go with the lease.. If they are promoting purchase then go with the purchase..

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