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2013 and earlier Lexus IS 250 / IS 350 Lease Questions

kyfdxkyfdx Posts: 29,809
edited January 30 in Lexus
Post your lease questions here!!

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Prices Paid, Lease Questions, SUVs

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  • Does anyone have the residual value of the is250 (with premium and 18 inchers for a msrp of 33888) for a 10/12k mile lease? Has anyone asked about the details on Lexus MSD program? What about the 1Pay lease option?
  • I like to know the residual and money factors for IS 250AWD for 24, 36 and 48 months leases at 15k, 18k, and 20k miles. Thank you.
  • Just wanted to let everyone know what a great deal I just got at Wilde Lexus on an IS 350. I took the quote (which was $2000 of invoice) to all of the dealers in southwest Florida and none of them would even match it let alone beat it. I even knew a friend of one of the sales managers at one of the dealerships and he said to get the deal at Wilde if they had the car in stock. (He was a nice enough guy and at least he was honest.) Well they had a black on black without navi that I ended up getting. I even got them to sweeten the pot a little bit with free window tinting. The Internet sales person was awesome and everybody there took good care of a very satisfied customer. I live about 80 miles away so the business manager even gave me an extra 200 miles or so by starting off the beginning mileage on the paperwork at 300 miles instead of the 22 it had. I pick up the car tomorrow, can't wait! Well worth the hour drive, well 45 minutes when I drive that baby home.
  • emadrigal could you tell me which dealer in FL you got this price from. I live in FL and am in the market for the same vehicle NAV wheels loaded with 15k a year. Id like to be able to go in with a bit of ammunition to get the negotiations rolling.

    Thank you
  • cptabcptab Posts: 6
    Hi. Does anyone have an idea what a lease should be on an AWD IS 250, loaded w/ 18", nav, auto? (or a similarly equipped IS). I'm thinking of a 3year-ish lease w/ 15k miles. Thanks from N. VA.
  • here's the deal i just got at rallye lexus in long island, ny on a black/black is350 with luxury package, 18's, nav, headlamp washers, parking assist and preferred accessory package:

    MSRP $43589
    Selling price $40000
    36 months 12k mi/yr
    8.375% sales tax
    62% residual, .00245 money factor (qualified for tier 1 plus)
    $0 money down

    $596 monthly payment

    $816 due at signing (includes title, registration tire fee, inspection fee)

    complimentary 5k and 10k services too...couldnt get them to throw in tints tho
  • sam_ksam_k Posts: 113
    eiji14, I think answered my question in the other forum. It looks like you put the tax in the payment which was the smart thing to do. It also looks like you didn't have to pay a bank fee. I guess Lexus Financial Services doesn't charge it anymore or waived it for you. $816 drive off with $596 monthly payment is a great deal.
  • is250is250 Posts: 2
    I just leased an IS 250 with $2,500 down, 18k miles per year, and $425/month with the 18' wheels and summer tires option. Did I get a good deal?
  • eiji,

    I live in Chicago and drove the IS350 this week. I am trying to decide if a lease or purchase is better. One variable that I have not made a decision on regards tires. Like Long Island, we have winters in Chicago that would preclude the use of the curiously named "all season" tires from November through March.

    If I lease, I have to buy a set of winter tires that will still have a lot of life on them when the lease expires. Would you mind sharing what you did (or are going to do) regarding tires?

    Thanks.
  • I purchased Blizzak LM25's from Woodfield Lexus. They mounted them on my existing wheels, and of course used the TPMS.

    They also stored my summer tires, they'll put them on (for a fee I'm sure) when winter is over... but they'll store the winter tires for me as well.

    I don't mind paying a bit extra for that type of service, and for the peace of mind in knowing that if they break my wheels or the TPMS they'll be responsible. I don't trust local tire shops to do that.

    Dave
    Chicago
  • I am in the midst of receiving delivery of an IS 250 AWD with Nav and Luxury Package. The dealer is offering a deal of .00265 for money factor and a residual of 59%. Deal is based on no money down with a monthly of approx. $700. It's supposed to be arriving 1/9-1/16 - dealing with McGrath Lexus in Westmont...Any feedback is appreciated.
  • How much is the MSRP and how much is your cap cost? its sounds really HIGH....
  • dl7265dl7265 Posts: 1,381
    Whats your term ?
    Whats your mileage allowment ?

    For comparison though:
    Audi A4 2 year lease .00080 MF and 70% residual.
    BMW 325I 2 years .00250 MF and 77% residual.

    So, sounds really high to me too..

    DL
  • dll1dll1 Posts: 1
    this is in response to the person that got the 2500 down is 250 with 18k miles and payment of 425/month. is that with tax included in the monthly? that's awesome. where did you get that deal?
  • eiji14eiji14 Posts: 8
    dkaplan,

    since i dont really get to drive that much (on my previous g35 coupe, i did about 12k miles in 18 months, or about 7k miles a year) i dont plan on investing $1-2k in a set of winter tires and rims.

    my is350 has 18" summer tires just like my g35c did, so i just wont drive if there's snow on the ground. it wasnt a problem last winter (havent seen snow yet this season) at all, and nyc is usually pretty up to speed at plowing.

    but if the is350 is gonna be ur daily driver, then i think a set of 17's with winter tires will be a good and safe investment.

    hope that helps!
  • eiji14eiji14 Posts: 8
    the .00265 money factor sounds high to me -- but of course that depends on ur credit and the rate that u qualify for.

    .00245 was tier 1 plus and .00255 tier 1 when i inked my deal end of december, so perhaps the rates have change for january.

    i got a is350 with .00245, 62% residual, no money down -- for $596 a month. that's $104/mo lower than ur is250.
  • I just got back form a Lexus Dealer.. I am looking at the is350 sport pkg with Nav. The offer was 580 a month for 36 months with 12K a month. Paying all Tax upfront. but with 0 down. I wanted to know if this was a good deal... The car will be ordered and won't be here untill late Feb. I just wanted to know what everyone thought.. Can I do better
  • Hi kipperm13. You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion on this deal if you let me know what these numbers are.

    Car_man
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  • bigbwbbigbwb Posts: 12
    Hey everyone,

    I will be in the market for the new IS 250 rwd sometime in the next 3-4 months. I currently drive a 2000 BMW 328CI and want to get something newer. My question is what would a real good lease price be on a 3 yr 15K mile lease with no money down? Also, if I were to purchase it, any idea on the monthly payment. I would get the base 250 with the manual and premium package only, nothing more. I also lease a 2006 Toyota 4runner, so leasing to me, is common. Does Lexus allow you to buy extra miles at $.10/mile from the beginning like toyota let me do on the 2006 4runner? Sorry for all the questions, I have never leased a Lexus, my family has always bought them.

    Any suggestions would help.

    Thank you,
    Brandon
  • hello car_man..

    had a few questions for you. my current lease on my is300 is up next month..i did a one pay lease for my is300..my question to you is would it be a good idea to do another one pay lease on a new is250/350? i'm looking to put down 15k on the next one pay lease..

    please let me know..

    thanks!
  • karmitkarmit Posts: 1
    I'm looking to lease an IS250 with luxury package. I spoke with a dealer in NJ (I am from NY so I would pay ny tax). The deal he gave me is this:
    $493.00 for 36mos 12K miles with $2953 due at signing which includes all taxes, and fees. Or, if I want to reduce my monthly payments more:
    $440.00 36 mos 12k with 4900 due at signing includes all fees and tax.
    Some questions: How much should I expect to pay if I want 15K miles instead?
    Also, I don't have any MSRP or other figures to work with. Can you tell me if this is a good deal or what information I need to get from dealer in order for you to advise if this is a good deal?
    He gave me these quotes but I dont know if I can do better, and how to negotiate. Any advise would be appreciated.
  • jimityjimity Posts: 9
    I'm looking at an IS350 with the luxury package. what are others being quoted or paying for a lease (24 month, 36 month or 39 month). I'm not having luck in the OC (Southern California) finding these in stock, but interested on what others are paying. Thanks!
  • Well I made a post about a week or so. I am leasing a IS350 with Sport and Nav. I got another dealer to make a better deal with me form what I had. The deal is 36 months 12k for 543.00 a month. All I owe at singing is tax which in NY is 8% I am selling price of the car is 40,000 and its MSRP is 43,069 Just wanted to know if this is a good deal.
  • eiji14eiji14 Posts: 8
    sounds like the deal that i got, except u're paying taxes up front. i'm paying $596 a month with $0 down.
  • wazabiwazabi Posts: 4
    This will actually be my first purchase of a new car and I think the salesperson was giving me a run around. I wanted to see how the leasing option would be for an IS 350 with MSRP of about 45,250. It's pretty much for the fully loaded one. I hear people putting zero down and getting payments of about $580/month or so for a 36mth, 12k mile lease. Yet, she was quoting me if I put 5k down for 36month , 12k mileage, would cost me almost $673/month. What is she trying to pull and does this seem way too much?
  • SOMEONE HELP PLEASE-I am going to lease a Lexis IS AWD w/ Nav. and luxury package. I have only been in the dealer 1 time and he quoted me the MSRP price of $39,919. I would like to put no money down but can afford to put down 2-3k if necessary, but the dealer is quoting me $659.00 a month w/ 12k miles and 2k down. I see other people paying much less w/ no money down. Is the car going for MSRP or do I have room to deal? If so How much do you think I should ask off? The car is not in stock and there is only 1 dealer in Columbus, Oh. Could someone please give me some HELP and GUIDANCE as to what type of price I should bring back to the dealer? MUCH THANKS!!!!
  • krs71krs71 Posts: 6
    That is way to much. I'm looking at the same car with nothing down, only fees, the lease should be around 400-450. It should never cross 500 bucks. Make sure the lease is constructed with the negotiated price - residual value. My dealership came down 2k on the vehicle to 37900, so minus residual value at 36 months / 12k per year, the value of the car should be 24743, so you should be paying finace charges on 13157 or so.....don't know if that helped. Right now he's quoting me 550, but with the math, it just doesn't make sense, so be prepared to fight, if not walk away, the real kicker here is the money factor is so high for these vehicles.
  • digital_bdigital_b Posts: 126
    also if you have proof of a prior lexus/toyota purchase you can get the lower 'loyalty' rate. this is directly from the lexus site and go to this link:

    http://lexus.com/financial/leasing/available_programs.html

    the text youre looking for is this:

    Encore

    This program rewards qualifying repeat Lexus Financial Services customers with lower monthly payments and a security deposit waiver. You can also combine the benefits of Encore with other programs' features.

    try this too:

    http://lexus.com/home/search.html

    for this result:

    INCENTIVES Lexus Loyalty/Encore for Toyota Owners
    Does a customer who has previously owned a Lexus/Toyota vehicle qualify for the Loyalty or Encore Program if they wish to purchase or lease a Lexus?

    This program rewards qualifying repeat Lexus Financial Services customers with lower monthly payments and a security deposit waiver. You can also combine the benefits of Encore with other programs' features. Please refer to your local Lexus dealer or the Financial Services section within lexus.com for additional information.

    hope this helps
  • eiji14eiji14 Posts: 8
    $673/month doesnt seem all that off on 45k msrp plus taxes. the selling price, money factor, and residual used in the monthly payment calculation are all part of the formula. sounds like u're not getting anything off the msrp to begin with?
  • Hi Brandon. This car's lease payment will depend upon the MSRP and selling price of the one that you are interested in (as you want it equipped). I would be happy to give you an idea of what this car's lease payment should be like if you provide me with these numbers. You can find this car's MSRP by visiting the following section of this site: Edmunds.com New Vehicle Pricing. You should be able to get an idea of how much you should pay for one right now by visiting the following discussion: "Lexus IS 250/IS 350: Prices Paid & Buying Experience".

    Lexus Financial Services does allow lessees to purchase additional miles at lease signing at a discount to what you would have to pay for them at lease-end, but I don't know what its exact charge per mile is.

    Car_man
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