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2013 and earlier Lexus GS 350 / GS 460 Lease Questions

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  • Hi mlofgren. Is the $51,689 price that you mentioned this car's MSRP or its selling price? If you provide me with both numbers, I would be happy to use Lexus' current lease program to work up a sample payment for you. Also, is this a 2010 or a 2011 model?

    Car_man
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  • jsolejsole Posts: 1
    Can you please let me know the applicable residual value and money factor on the following in NJ?

    2010 gs 350 AWD 36 months 15K miles per year
    2011 gs 350 AWD 36 months 15K Miles per year

    Thanks!
  • Hi jsole. Lexus Financial Services' November buy rate lease money factor and residual value for a 36 month lease of a 2011 GS 350 AWD with 15,000 miles per year are .00205 and 54%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.

    The numbers for an otherwise identical lease of a 2010 model are .00210 and 50%.

    Infiniti is currently providing a $3,000 cash incentive on the 2010 model.

    Keep in mind that Lexus will likely introduce its "December to Remember" sales event late this week. There's a good chance that its lease program will be more attractive then than it is now.

    Car_man
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  • gb350gb350 Posts: 14
    Car Man,

    Any word on the December to Remember sales event?

    I'm looking for residual value and money factor on the following in NY.
    2010 gs 350 AWD 36 months 15K miles per year
    2011 gs 350 AWD 36 months 15K Miles per year

    Any additional incentives for current Lexus lease holders that are almost out of lease?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited December 2010
    Hi gb350. Lexus' December to Remember buy rate lease money factor and residual value for a 36 month lease of a 2011 GS 350 AWD with 15,000 miles per year are .00145 and 54%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.

    The numbers for an otherwise identical lease of a 2010 model are .00210 and 50%.

    The numbers for the '10 model are definitely worse, but Lexus is providing $3,000 dealer cash on it.

    Lexus is not currently providing any loyalty cash incentives that I am aware of to loyal customers, but it is letting current lessees out of their deals up to six months early for free if they purchase or lease a new model.

    Car_man
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  • What is a good price to pay for a new 2010 Lexus GS 350 W/NAV since it is a year old?
  • gs100gs100 Posts: 4
    edited December 2010
    I'm interested in leasing a 2011 GS 350 with AWD. Can you tell me the current money factor and residual percentage on this car? Also, do you expect that Lexus will offer additional incentives/rebates on this model after the December to remember promotion ends on 1/3/2011?
  • Hi gs100. Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2011 GS 350 AWD with 15,000 miles per year are .00150 and 52%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.

    Lexus is not currently providing any cash incentives on this car that I am aware of.

    Car_man
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  • Went out to a Lexus dealership to negotiate a price on a car. I used the pricing from Edmunds TMV to represent the Invoice and MSRP cost.

    I was told I could have the car at invoice, and then the guy from the Finance Dept. told me that I'm missing a bunch of costs that will increase the invoice price. These additional costs include: Toyota Dealer Assoc., Dealer Holdback, and Whsl. Finanical Reserve. These total about $1600.00

    Are these legitimate costs that are over Edmunds posted invoice costs? Or are they already included?
  • kyfdxkyfdx Posts: 27,613
    All three of those are already included in the Edmunds base invoice price..

    If you compare the Edmunds invoice to the dealer invoice, you'll notice that their invoice is lower by exactly the amount of those three items, which are added back in at the bottom of their invoice...

    Well.. .maybe not the TDA.. that's an advertising fee that can vary by location. But the Holdback and Whsl.FinancialReserve are in the Edmunds base invoice price.

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  • Car_man, et. al. - I'm looking for the residual and money factors on the GS350 and GS350 AWD: 24 month / 10K miles.

    Thanks in advance.
  • Hello ginterhelsig. Lexus Financial Services' January buy rate lease money factor and residual value for a 24 month lease of a 2011 GS350 with 10,000 miles per year are .00150 and 63%, respectively.

    The numbers for an otherwise identical lease of the AWD model are .00150 and 64%.

    Car_man
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  • Car_man, et. al. - I would like to lease GS350 rwd in northern CA. I see now the lexus dealer special is $599 per month on a 36 month lease with $3499 down and 10k per year in February ( in San Jose, CA). I need the car in April. Should I start dealing with the dealer now to get it in February, or should I wait for April. I am afraid there might not be any special in April. Pl. advice.

    Also I would like to have GS350 rwd with ML option. The dealer $599 lease price is most likely for the base price. How am I going to address this. I am not very familiar with the lease process. Thank you.
  • Car_man, et. al. - What is the FEBRUARY 2011 buy rate lease money factor and residual value for a 36 month lease of a 2011 GS350 rwd with 10,000 miles per year.
    Thank you.
  • Hi bisw2000. Lexus current lease program is scheduled to run through February 28th. It's difficult to say what its April program will be like. I personally don't think that there's any reason to rush to get a new GS now if you don't need one until April, but again it's difficult to predict what manufacturers' future incentives programs will be like.

    As far as adding options to this car goes, just negotiate the lowest possible selling price on the car that you want and have the dealer use that price to calculate your monthly payment.

    Car_man
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  • Hey bisw2000. Lexus Financial Services' February buy rate lease money factor and residual value for a 36 month lease of a 2011 GS 350 RWD with 10,000 miles per year are .00150 and 54%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.

    Car_man
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  • bisw2000bisw2000 Posts: 6
    Car_man, et. al. - What is the MARCH 2011 buy rate lease money factor and residual value for a 36 month lease of a 2011 GS350 RWD with 10,000 miles per year. I know that for February, the 36 month lease of a 2011 GS 350 RWD with 10,000 miles per year, the money factor and residual value are .00150 and 54%, respectively. Is there any change?
    Thank you.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi bisw2000. Lexus Financial Services' current base lease rate and residual value for a 36 month lease of a 2011 GS350 RWD with 10,000 miles per year are .00150 and 54%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.

    Car_man
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  • noncom23noncom23 Posts: 3
    Any new money factors available on 2011
    GS350 RWD?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Yes noncom23, Lexus Financial Services' May buy rate lease money factor for a 36 month lease of a 2011 GS 350 RWD is .00155 for consumers who qualify for its top aka "Tier 1+" credit tier.

    Car_man
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This discussion has been closed.