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2013 and earlier Lexus GS 350 / GS 460 Lease Questions

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  • abacomikeabacomike South FloridaPosts: 3,469
    Some others have reported rattles

    The dealer is taking my car in tomorrow for vibration in the steering, wind noise by the driver's side window, and rattles in the dashboard. They said they expect the car to be laid up for at least a week.

    Thanks for your feedback. Much appreciated!

    2014 Mercedes Benz CLS 550 - best car ever! 2nd best car ever, my 1967 Corvette Stingray Coupe with 435 hp.

  • zoombie99zoombie99 Posts: 124
    The wind noise may be related to the side view mirror according to others. As far as the vibration, see if you can get the dealer to switch to Mich tires.
  • kapkanimdkapkanimd Posts: 64
    Just as an update, we went ahead and closed on a GS 350 yesterday. We just went with the premium cause the better residual and is decently equiped already. Here is the deal:

    2013 Lexus GS350 Deep Sea Mica/Light Grey
    Premium +, 18" wheels, Trunck accesories
    MSRP 53245
    DISC - 3000
    REBATE - 1500
    SALE 48745

    Trade equity - 5525 (were given the excellent trade value on kbb)

    Residual 65%
    MF .0019

    Payments with 7% tax $452/mo for 36 months with 10k mi. Includes 3yrs free maintenance.
    $1400 out of pocket includes 1st mo, and fees

    How does that look?? Does anyone know if Lexus does MSDs?
  • zoombie99zoombie99 Posts: 124
    edited May 2012
    I couldn't decide between the GS and the BMW 535 but I decided to get my fourth GS. I have owned each generation and I still have a 3rd (2006 GS) with over 140,000.00 milles.

    I am picking up the following car tomorrow:

    GS 350 AWD
    Nebula Grey with Black Int.

    Base $49,450.00
    Luxury Package with CWP $6,090.00
    Nav $1,735.00
    Parking Asst $500.00
    Remote Engine Start $499.00
    Blind Spot Monitor $500.00 (A MUST!)
    Accy Package $242.00
    TOTAL MSRP $59,891.00

    Price (for lease purposes) $56,192.00 (invoice)
    LESS
    Conquest of $1,500.00 (wife has a bimmer)
    Performance Drive credit $1,000.00

    15K a year lease

    Monthly payment $696.41 (used MSDs to get money factor down to .00128) and includes NJ tax. I am not paying anything down.

    :)
  • zoombie99zoombie99 Posts: 124
    edited May 2012
    Lexus does take MSDs in most states. I know you can't get MSD in New York State due to NY State Laws. MSDs are the way to go! The free maintenance is a great deal!
  • zoombie99zoombie99 Posts: 124
    I was able to get my money factor to .00118
  • abacomikeabacomike South FloridaPosts: 3,469
    wind noise may be related to the side view mirrors

    Yes, I believe that is the problem. I've heard quite a few complaints about that. Lexus said it was NORMAL! So they did nothing about it.

    As for the tires, the said the car drives as it was designed to drive. I offered them $500 to switch the tires, but they said no. So I will put Michelins on when these wear out - they usually only last 15K miles anyway. These are all season tires and since I live in southeast Florida, I'll get the pilot Super Sport summer tires. They warrant them for 30K miles. The vibration is only evident when tires are cold and only on newly resurfaced roads. The problem is insignificant so I'm not going to stress over it.

    Car runs great - far superior to my 2012 E350 and much quieter. Great car - my last Lexus was 12 years ago when I owned a 2001 GS300. NO COMPARISON WHATSOEVER! This is exactly what Lexus needed to do in order to increase interest in the GS line. Definitely worth a test drive for those looking at Audi, BMW 5 series and Mercedes E350 Sport.

    2014 Mercedes Benz CLS 550 - best car ever! 2nd best car ever, my 1967 Corvette Stingray Coupe with 435 hp.

  • jg108jg108 Posts: 4
    Hi CarMan. Do you have the June residual and money factor on a luxury pkg. GS350 36 mo, 15k miles/yr lease? Will Lexus be continuing the $1500 Conquest Cash Program? Thanks.
  • rickwellrickwell Posts: 15
    I was informed by the sales manager at Lexus today of a new 24-month lease program that was..."TOO GOOD TO BE TRUE!" I was on my way to negotiate a lease on a BMW 3-series and turned around and went straight to my Lexus store to commit to the deal.

    Here's the numbers:

    MSRP = $ 52,517.00
    DISC = $ 4,610.00
    CONQ = $ 1,500.00
    NET CAP= $ 46,407.00

    24/10k @ $399/month + tax + $1,995 + Normal inceptions. We rolled the $1,995 Cap Cost into the lease and will apply MSD x 9 (.00072) reduction in the MF .00190 to 0.00118. The MSD = $4,050.00 so total OOP = $5,550.00. Local Sales taxes @ 6.0% yield a tax-in monthly payment of $450.00.

    According to my salesperson, this is a rare and best lease program Lexus has offered since 2008. Personally, having been leasing vehicles for 29 years, I can't remember seeing a better lease program for a high-line model.
  • rx5zigenrx5zigen Posts: 5
    If you don't mind what state or area dealer. Thank You.
  • zoombie99zoombie99 Posts: 124
    Your deal appears to be less than invoice which is great. Can you tell us exactly which model (sports, prem, RW or AWD) and each option to get to the MSRP of 52,517.00? Also, what state are you from? Is you roll in the Cap Cost of 1,995.00, didn't that increase your payment to over $83.00 a month before applying the money factor?

    Thanks.
  • sherlock7sherlock7 Posts: 1
    looking to buy a GS 350, where did you get such a good deal. Our local dealer is not coming off sticker!
    It looks like you got 4500 off sticker? would buy today if I got that deal :)
  • rickwellrickwell Posts: 15
    It's a GS350 Premium/Nav RWD. You should never "Cap Cost" any lease so we rolled the $1995 ($83/month) into the base price @ $482.13/24 + tax + inceptions. Use MSD x 9 to lower the MF to .00118 resulting in a savings of about $66 / month on the lease. The dealer is located in SE Florida.
  • rickwellrickwell Posts: 15
    SE Florida
  • kapkanimdkapkanimd Posts: 64
    Apparently someone else got an even better deal, It was in one of these forums. and they apparently have a good 24mo lease special going on this month. I got mine in Tampa, FL.
  • zoombie99zoombie99 Posts: 124
    I'm missing something because I only some up with a MSRP of 50,910.00 on your build.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello Keith. Lexus Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2012 GS 350 RWD with 10,000 miles per year are .00190 and 65%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here you go jg108. Lexus Financial Services' June buy rate lease money factor and residual value for a 36-month lease of a 2013 GS 350 RWD with 15,000 miles per year are .00190 and 62%, respectively for consumers who qualify for its top aka "Tier 1+ credit tier.

    Yes, the $1,500 is still available in June.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • whipplewhipple Posts: 2
    Thanks does anyone know info on this 24 month lease deal? What are residual and money factor?
  • rickwellrickwell Posts: 15
    I have been told that they are utilizing a 75% residual and a MF of .00190. You can use MSD to buy the MF down to .00118. Additionally, the Conquest Cash of $1,500 is still available.
This discussion has been closed.