220 messages,
Last post on Mar 14, 2013 at 3:23 PM
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Lexus LS 460, Car Leasing, Sedan
#24 of 220 Re: Current 2008 LS460 Residual/Money Factor [jrunco]
by Car_man HOST
Oct 12, 2007 (3:00 am)
You're very welcome, jrunco. I am glad that you enjoy this discussion so much. Lexus is not currently providing any lease support on the 2008 LS 460. That means that if you want to lease one through Lexus Financial Services' right now, you will have to use its standard lease program. I believe that LFS' buy rate standard lease money factor varies somewhat by region, but it should be around .00275 for consumers who qualify for its top credit tier right now. This car's residual values vary by term. You never mentioned how long you want to lease for, so for now I will assume 36 months. LFS' current 36 month, 12,000 mile per year residual value for a base '08 LS 460 is 56%.
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#25 of 220 Re: 2008 LS 460 Money factor? [scotomata]
by Car_man HOST
Oct 12, 2007 (3:03 am)
Hi scotomata. .00295 is an attractive lease money factor for this model right now. This is much lower than the factors that I have seen being offered by Lexus Financial Services. I wonder if the dealer that you are working with is running your lease through an independent bank instead of LFS. Do you know?
Lexus Financial Services' allows consumers to buy down vehicles' money factors by making additional security deposits. If provides a .00010 money factor reduction for every additional security deposit after the first, up to a maximum of nine.
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Oct 12, 2007 (8:19 am)
I had thought the MF was .00265 from Lexus. Was that for 2007? I see MF's around .00235 on the Car leasing sites. Are these MF's I see on these web sites false?
#27 of 220 November MF and Residuals??
by sprinkler13
Nov 18, 2007 (11:30 pm)
Does anyone know what the current MF and Residual rates are?
#28 of 220 October Ls 460
by scotomata
Nov 22, 2007 (2:09 am)
My financing is through Lexus and the MF starting point was 265 although I did have to push to get that. Did do multiple security deposits. Wonder what the December to remember rates are now.
#29 of 220 MF for December to Remember 2007 for Lexus LS 460 L
by roman7
Nov 26, 2007 (9:01 pm)
Hello Carman!
Can you tell what's a money factor in Colorado for 36 or 48 month with 12K or 15 K per year for customers with tier 1 credit on Lexus LS 460 L 2008?
Your answer will help a lot!
Thank you!
#30 of 220 Current MF and Residual for 48 & 60 Month lease
by sprinkler13
Nov 27, 2007 (1:53 pm)
Does anyone know what the current MF and Residuals are for a 2008 LS 460? This is in So. Cal and is top tier credit and customer loyalty. Also, does anyone know what the standard drive off fees are? From what I gather it's $600 for the Acquisition fee and the destination charge is $765 (and included in MSRP). Are there any other things I should be aware of? Thank you.
#31 of 220 Re: November MF and Residuals?? [sprinkler13]
by Car_man HOST
Nov 28, 2007 (3:29 am)
Hi sprinkler13. In the areas that I have seen Lexus' new December to Remember lease program for, Lexus Financial Services' December to Remember buy rate lease money factor for all 2008 LS 460 trim levels is .00230 for leases up to 48 months. This car's residual values vary depending upon how it is equipped, the length of the lease, and its mileage allowance. If you let me know what these variables are, I would be happy to tell you what the residual value is for the combination that you want.
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#32 of 220 Re: MF for December to Remember 2007 for Lexus LS 460 L [roman7]
by Car_man HOST
Nov 28, 2007 (3:34 am)
Hello roman7. In the areas that I have seen Lexus' December to Remember lease program for, Lexus Financial Services' buy rate lease money factor and residual value for a 36 month lease of a 2008 LS 460 L with 15,000 miles per year are .00230 and 50%, respectively for consumers who qualify for its Tier 1+ credit tier. The residual value for a lease with only 12,000 miles per year is 2% higher.
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#33 of 220 Re: Current MF and Residual for 48 & 60 Month lease [sprinkler13]
by Car_man HOST
Nov 28, 2007 (3:49 am)
Hi sprinkler13. A 48 month lease of this car is a much better idea than a 60 month lease for a number of reasons. First, Lexus' special lease money factors are only available for up to a maximum of 48 months. Also, 5 years is a long time to be committed to one vehicle. A lot can change over that period of time. You could want a new vehicle because your lifestyle changes or you just plain get sick of your current one. Your commute could change causing you to go way over your mileage allowance, etc... Furthermore, Lexus' bumper-to-bumper warranty coverage is only available for up to 48 months so you go with a 60 month lease you will have to pay out of your own pocket to fix any non-powertrain problems that your car has.
In the areas that I have seen Lexus' new December to Remember lease program for, Lexus Financial Services' current buy rate lease money factor and residual value for a 48 month lease of a base 2008 LS 460 with 15,000 miles per year are .00230 and 53%, respectively for consumers who qualify for its Tier 1+ credit tier. At lease signing, you will have to pay your car's first month's payment, LFS' $600 acquisition fee, and any required state taxes or fees. I believe that LFS is waiving its security deposit requirement for Tier 1+ leases right now. The destination charge is considered to be part of your vehicle's price ant it will be included in its capitalized cost and become part of your monthly payment rather than be paid at signing.
Car_man
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