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2014 Lexus ES 350 Lease Questions

steverstever Viva Las CrucesPosts: 41,587
edited January 30 in Lexus
Welcome to the Edmunds discussion dedicated to 2014 Lexus ES 350 leasing questions.

Here you can find and discuss all the latest lease details for the 2014 ES 350, including cap costs, money factors, residual values, acquisition fees, etc. Please post any leasing questions you have or any details you’d like to share about your own lease deals.

You can also research local dealer inventory and pricing, reviews, features, and specifications, on our 2014 Lexus ES 350 page.

To see all forums discussions about the Lexus ES 350, including earlier model years, please visit our list of Lexus ES 350 discussions.

Navigation tips: To see the most recent information and activity, make sure to visit the latest post, which may be a few pages ahead. Click the pages numbers just below to go to a new page in the discussion -- or search the entire discussion by clicking the magnifying glass icon and entering keywords.

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Comments

  • What is the current residual for a 2014 es350 or es300h for 27 months. What is the money factor. A so cal dealer told me a mf. Of .oo9. I asked if any benefit of extra deposits he said no because mf is so low. Any comments on this are appreciated

  • kyfdxkyfdx Posts: 30,497

    2014 ES350 27mo, 15K/yr lease .0010 MF and 68% residual. Hybrid has the same numbers.

    I'm not sure of Lexus rules on multiple security deposits, but that isn't normal for other makes (Infiniti and BMW, for example)

    kyfdx

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  • wineman123wineman123 Posts: 11

    Thanks to all the posts on this forum. We pulled the trigger on a 2014 es300h yesterday. Sticker was 46,763, included blind spot monitor, hid lamps, power sunshade, luxury package, nav, pearling assist, rain sensing wipers, wood steering mats.

    Using info from this site we were able to negotiate the following, gross cap cost 41,200 there was a 500 rebate from lexus, mf .oo10 which I have been told is their buy rate, 10k annual miles, 27 month term with 71% residual. Our payment is 389.73 with 1000 out of pocket.

  • alsecordalsecord Posts: 3

    Thank you, Wineman123. Can you share the dealers name you worked with?

  • Valley lexus in Modesto or Fresno lexus

  • Thanks Wineman123, looks like a good deal, I'm using it to negotiate with dealers in NJ. Does your monthly payment of 389.73 include tax?

  • Hello, looking for the current mf and residual for a 2014 es300h for 27 month lease program with 10K miles per year.

    Thank you!

  • kyfdxkyfdx Posts: 30,497

    @alsecord said: Hello, looking for the current mf and residual for a 2014 es300h for 27 month lease program with 10K miles per year.

    Thank you!

    .00090 MF and 70% residual. $500 lease cash.

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  • Thank you, kyfdx!

  • julio91julio91 Miami, FloridaPosts: 56

    If anyone needs a good sales rep and does not matter what state you reside in ( he could ship the car pretty much anywhere, he saved my buddy up in Phoenix $80 a month) Inbox me for his info, I purchased 2 Lexus of this gentleman, straight forward, did not catch him in any lies, extremely resourceful, give it a try you know, Best luck everyone keep us posted.

  • newbie58newbie58 Posts: 2

    Hope this helps someone, but also looking for feedback on your thoughts of my lease.

    2014 ES 350 MSRP $44,891

    (base $36,620 + $6,843 package with additional options + $199 body side molding + $319 rear lip spoiler + $910 delivery)

    27 month lease - 10,000 miles/year. (Total 22,500 miles).

    $1,450 down payment (includes 1st month payment, taxes, registration, etc)

    26 x $409 (includes NJ tax).

    New Jersey on 3/31/2014

  • MichaellMichaell ColoradoPosts: 7,276

    @newbie58 said: Hope this helps someone, but also looking for feedback on your thoughts of my lease.

    2014 ES 350 MSRP $44,891

    (base $36,620 + $6,843 package with additional options + $199 body side molding + $319 rear lip spoiler + $910 delivery)

    27 month lease - 10,000 miles/year. (Total 22,500 miles).

    $1,450 down payment (includes 1st month payment, taxes, registration, etc)

    26 x $409 (includes NJ tax).

    New Jersey on 3/31/2014

    I would say that $409/mo for a car that stickered at close to $45K is a pretty good deal. You must have gotten the dealer to take quite a bit off that price.

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  • newbie58newbie58 Posts: 2

    @Michaell@Edmunds said: I would say that $409/mo for a car that stickered at close to $45K is a pretty good deal. You must have gotten the dealer to take quite a bit off that price.

    Thank you Michael. I thought it was a good deal, but then I saw the comment above from wineman123... $389.73 with $1,000 down on a $46,763 MSRP! Then wineman123 has a terrific deal!!! His MSRP is 4% higher than mine and his payment is 4.7% less monthly with a 31% lower down payment! I am assuming we are comparing apples to apples and wineman's price also includes all taxes and that his down payment includes his first monthly payment too. Way to go wineman123!!!

  • Patelshivam94Patelshivam94 NJPosts: 19
    Newbie58, you have to also remember that wineman resides in California. If I'm not mistaken, they have a much lower Money Factor there.
  • julio91julio91 Miami, FloridaPosts: 56

    If anyone needs a good sales rep and does not matter what state you reside in ( he could ship the car pretty much anywhere, he saved my buddy up in Phoenix $80 a month) Inbox me for his info, I purchased 2 Lexus of this gentleman, straight forward, did not catch him in any lies, extremely resourceful, give it a try you know, Best luck everyone keep us posted.

  • Hello, looking for current (April) residual and money factor for ES350 27 month lease. Thanks.

  • kyfdxkyfdx Posts: 30,497

    @heisenberg815 said: Hello, looking for current (April) residual and money factor for ES350 27 month lease. Thanks.

    .00075 MF and 66% for 15K mi/yr. $500 lease cash.

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  • e2jxovere2jxover Posts: 1
    edited April 6

    Looking for Res & MF for ES 350 36mnths 15k miles. South FL area if it makes a difference. Thank you for the help.

  • MichaellMichaell ColoradoPosts: 7,276

    @e2jxover said: Looking for Res & MF for ES 350 36mnths 15k miles. South FL area if it makes a difference. Thank you for the help.

    58% and .00075

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  • fulminofulmino Posts: 6

    @newbie58, thank you for outlining your purchase. Can you please post the purchase price for the automobile - I am trying to back into the numbers you posted? Thanks.

  • geoguy99geoguy99 Posts: 10

    Looking at a 2014 ES350 lease 36mo, 12k. MSRP $44,407. MF 0.0009, $700 Lease Acquisition, $250 Doc Fee, Tax @6.75%, $832 Tag Fee. $1000 down. Dealer offering $512. Is this a good deal?

  • MichaellMichaell ColoradoPosts: 7,276

    @geoguy99 said: Looking at a 2014 ES350 lease 36mo, 12k. MSRP $44,407. MF 0.0009, $700 Lease Acquisition, $250 Doc Fee, Tax 6.75%, $832 Tag Fee. $1000 down. Dealer offering $512. Is this a good deal?

    We'll need the selling price.

    The base MF for tier 1 is .00075, so it looks like the dealer is marking it up a bit for some extra profit.

    Also, there is $500 lease cash available for the ES350.

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  • Hi. I would like to know the residual value of a base 2014 lexus es 350 (MSRP $40,222) for a 27/36 months lease with 10,000 miles/year. I got an offer for $495/per month for 27 months with 12,000miles with $1,750 due at signing. Thanks in advance.

  • MichaellMichaell ColoradoPosts: 7,276

    @puthiamadam said: Hi. I would like to know the residual value of a base 2014 lexus es 350 (MSRP $40,222) for a 27/36 months lease with 10,000 miles/year. I got an offer for $495/per month for 27 months with 12,000miles with $1,750 due at signing. Thanks in advance.

    27/10K - 69%

    36/10K - 61%

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  • Here is a lease offer I got for a 2014 ES30 with MSRP of $40,332 for a 36 month lease with 10,000 miles per year. $3,760 at signing and $366/month for the next 35 months. Is it a fair deal? Thanks.

  • MichaellMichaell ColoradoPosts: 7,276

    @puthiamadam said: Here is a lease offer I got for a 2014 ES30 with MSRP of $40,332 for a 36 month lease with 10,000 miles per year. $3,760 at signing and $366/month for the next 35 months. Is it a fair deal? Thanks.

    What is the selling price? How much of the $3760 is used to reduce the cap cost?

    Hard to evaluate the deal until we get that information.

    Residual is 61% and the money factor is .00075 for the ES350 for 36/10K

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  • Question: Here is a lease offer I got for a 2014 ES30 with MSRP of $40,332 for a 36 month lease with 10,000 miles per year. $3,760 at signing and $366/month for the next 35 months. Is it a fair deal? Thanks.

    What is the selling price? How much of the $3760 is used to reduce the cap cost?

    Hard to evaluate the deal until we get that information.

    Residual is 61% and the money factor is .00075 for the ES350 for 36/10K

    Selling price $37,600, down payment $2,425.

  • MichaellMichaell ColoradoPosts: 7,276

    @puthiamadam said:

    Question: Here is a lease offer I got for a 2014 ES30 with MSRP of $40,332 for a 36 month lease with 10,000 miles per year. $3,760 at signing and $366/month for the next 35 months. Is it a fair deal? Thanks.

    What is the selling price? How much of the $3760 is used to reduce the cap cost?

    Hard to evaluate the deal until we get that information.

    Residual is 61% and the money factor is .00075 for the ES350 for 36/10K

    Selling price $37,600, down payment $2,425.

    OK, plugging in your numbers and applying the $2425 to the selling price, I get a pre-tax payment of $338.51 - with 8% tax, it comes to $365.69.

    If I back out the down payment, the price with tax increases to $440.31.

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  • julio91julio91 Miami, FloridaPosts: 56

    @puthiamadam‌ If youre willling to put anything down take look at their Multiple security deposit you could do up to 9 multiple security deposits and its 100% refundable at lease end. could be around the same payment you are quoted probably 15$ more a month plus you get your money back. Best Of luck Let me know.

  • Thanks for the tip about the MSD. I am paying $3,375 in MSD and an initial payment of $1,770 including my first payment. My monthly payment is $375 (36 month lease with 10,000 miles). No cash down.

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