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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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#41 of 173
Re: Re-sale price on 2005 LS430 [lmsportz] by sidgriggs
Dec 29, 2007 (2:45 pm)
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Replying to: lmsportz (Dec 29, 2007 2:08 pm)

Too Low. If that car had been on a 3yr, 15,000 mile lease the residual would be approx 32,500. Either your car is an ugly ducklin or has damage or your dealer is trying to make too much on you,
#42 of 173
Re: 460 LS 2008 LEASE [lmsportz] by ocautoseeker
Dec 29, 2007 (4:09 pm)
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Replying to: lmsportz (Dec 29, 2007 12:28 pm)

Imsportz,
 
Payments on that vehicle assuming a cap cost of $63855 (~$2000 over invoice) for a term of 36mo/15k would be right around $1040/mo (assuming 7% sales tax). The monthly payments also assume that $70355 is the actual MSRP and there are no ADM's (additional dealer mark-up stickers) for items like chrome rims etc. If so, the payments would be higher based on the fact that aftermarket equipment either can't or only very small portions can residualized. The numbers are based on drive off fees only which should include: 1st mo payment, DMV fees, Doc Fee, Acquisition Fee, Security Deposit (should be waived for Tier 1 + credit). Approx. $1500-$2000 to drive off.
 
These numbers are based on current LFS residual values and buy rate money factors. The money factor is in effect 'til January 2. Most likely it will rise after that date.
 
I must apologize, my initial numbers of $950-$1000/mo were based on a 48mo/15k lease... sorry!
#43 of 173
Re: Current MF and Residual for 48 & 60 Month lease [Car_man] by pitofmystomach
Dec 31, 2007 (6:44 am)
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Replying to: Car_man (Nov 28, 2007 2:49 am)

I was offered a sales price of 62,200 on a 68,200 msrp car. Money factor is .0265. 3 years, 12k miles a year. 55% residual.
 
Is this a market money factor in December to remember event? How about sales price?
#44 of 173
Re: Current MF and Residual for 48 & 60 Month lease [pitofmystomach] by pitofmystomach
Dec 31, 2007 (7:40 pm)
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Replying to: pitofmystomach (Dec 31, 2007 6:44 am)

I just leased the 68,700 msrp car. Money factor was .0023. Sales price was at invoice (60280). Residual was 53% for 3 years at 15k miles a year. This was in SoCal.
#45 of 173
Re: Current MF and Residual for 48 & 60 Month lease [pitofmystomach] by ocautoseeker
Dec 31, 2007 (11:04 pm)
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Replying to: pitofmystomach (Dec 31, 2007 7:40 pm)

Wow! What dealership capped the cost at invoice for you?
 
.00230 is the correct buy rate for 36 and 48 mo terms. 53% and 43% for the residuals.
 
E-mail me ocautoseekeryahoo.com
#46 of 173
Re: Current MF and Residual for 48 & 60 Month lease [ocautoseeker] by pitofmystomach
Jan 03, 2008 (2:34 pm)
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Replying to: ocautoseeker (Dec 31, 2007 11:04 pm)

Lexus of Glendale
#47 of 173
Re: Current MF and Residual for 48 & 60 Month lease [pitofmystomach] by ocautoseeker
Jan 03, 2008 (7:09 pm)
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Replying to: pitofmystomach (Jan 03, 2008 2:34 pm)

Did you have a trade or purchase any products on the back-end?
#48 of 173
08 ls 460 lease question by charliem
Jan 30, 2008 (3:47 pm)
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I negotiated a price of 69,000.00 off of a msrp of 76,500 on a fully loaded including the chrome wheels. What would my lease be with 24 and 27 month lease through lexus with 15k per year. No money down and i'm in pennsylvania. Could you also tell me what tax is. T
Thank you
#49 of 173
pa deal by charliem
Feb 01, 2008 (6:55 am)
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i got the ls460 l with mark lev and park assist sticker was 76800 plus got the chrome wheels. they took 8k off of msrp plus i got the wheels for $800 installed. I have a 36 month lease with 15k miles per year. i put no cap down. total out of pocket is 2100. we have 9% sales tax in pa. payment is 1280 a month. Good deal?
#50 of 173
Re: pa deal [charliem] by ocautoseeker
Feb 01, 2008 (6:31 pm)
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Replying to: charliem (Feb 01, 2008 6:55 am)

Couple things so I can clarify... Is the $76,800 the total MSRP, or is does that price include the chrome rims? Is there an additional dealer mark-up (ADM) sticker next to the window sticker showing the price of the rims? Is this a SWB or an L model?
 
Has the dealer specified the residual and current buy rate money factor?
 
I'm guessing you are paying the acquisition fee upfront as part of your drive off fees?
 
Let me know and I'll run some numbers for you.

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