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2013 and earlier Lexus GS 350 / GS 460 Lease Questions
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Car_man
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Car_man
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I have been told by 2 dealers that the "December to Remember" has begun. Can you confirm this?
Would appreciate any feedback.
I live in Oklahoma City .....anyone have any experience buying in OKC and what I can expect to pay over invoice?
How is their service department?
Thanks
was offered 1 Dec, gs350, rwd, 36 mo, 15k / yr, 51% resid with .00325 factor, in Houston. factor seems high for tier 1 credit - no security dep. can you advise Dec lease details for 36mo / 15K from LFS ?
Please advise latest money factor and res. % for a GS 350 w/ AWD for a 12,000 mile lease 36 months. Unless there is a sweet spot anywhere up to 48 months.
Thanks
According to Roadfly.com Dec. #'s for 12000 miles 36 months is 56% res. and .00201 MF. Does that concur with your #'s.
Thanks
Car_man
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Car_man
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Car_man
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Car_man
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Car_man
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J
We already paid the first payment when picking the car up and I wasn't there the other day when my partner went there so I am not really clear what that is
'Cause to me it sounds like we paid the first payment with credit card and are paying it again in the gross cap cost
Thanks
If it doesn't, then you might have a problem. It seems they go out of their way to make leasing paperwork confusing.
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net cap cost is from including the trade-in value, first down payment seems to not have been added
Is the total amount due at lease signing supposed to be added to capitalised cost reduction? or just the trade in?
What I have is:
Amount due at lease signing: $3978.17 ($3300 trade-in + 678.17 cash first payment)
Gross Capitalized Cost:
$40,962.50 the agreed upon value (dealer fee+wear and tear waiver included)
+$678.17 first payment capitalized as per what the sales manager said
+$216.83 of something, he says sales tax, not clear on what
-----------------------------------
$41,857.50 gross cap cost total
-$3300 trade-in adjusted cap cost
-----------------------------------
$38557.50 - Net cap cost (adjusted cap cost is what they call it)
In the end they said
$607.67 + 66.50 title + $3.99 sales tax = 678.17 cash at the dealer before taking the car ($626 actually before we re-did the lease due to false internet price they quoted us)
Advice to anyone out there about to buy:
Check the itemization box in the Gross Cap Cost so you can see how they arrive at the total price, because things can get slipped in there
AND
make sure you are getting any specials and so on so you won't have to go back like us and point out we didn't get what they told us we got
thanks kyfdx
Money factor and Residual for GS430 right now?
Thanks.
Any money factors and residuals for a 36 month 15K miles lease for the hybrid GS that LFS is offering?
GS 350 AWD
Mark Levinson Pacakage
Ventilated Seats
Rear Spoiler
$3,500 down (all cap reduction)
$600 per month (pre-tax)
36 month
15,000 mile/year leaes
I can't remember the money factor, but residual was 53%. Any thoughts?
Is it a 2007?
If you build it on lexus.com, what is the MSRP?
Your $3,500 down represents at least $111/mo savings (at 5% a year).
So if I were going to lease that car in CA with no cap red, it would be about $770/mo...still an excellent deal.
Beverly Hills Lexus quick quoted me about $725/mo incl tax for a 36/36 lease on a RWD loaded.
Car_man
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Car_man
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Car_man
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Car_man
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Car_man
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A base 2007 Lexus GS 350 AWD has a whopping spread of more than $5,500 between its full MSRP and dealer invoice price. A $2,000 discount still leaves a lot of room to play with. I am not personally all that familiar with what the market is like for this model in your area right now, so it is difficult for me to say if you can do better than this but you may be able to get an idea if you can by visiting the following discussion: "Lexus GS: Prices Paid & Buying Experiences".
Car_man
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I want to know the best deal for SoCal.
Thanks.
Money factor & Residual on 36 month / 36k miles?
Thanks.
Car_man
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Car_man
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Car_man
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I ended up getting the car for $3000 below MSRP, got the delivery charge waived. They also screwed up when they quoted me the residual, they had quoted me for 12,000 miles when I had requested 15,000, they ended up giving me the 12,000 mile residual for a 15,000 mile/year lease.
Car_man
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myerslaw
Just leased (36/36) Black/Black 2007 GS350 2WD w/Mark Levinson, Spider Alloy Wheels ($), Sirius after market integrated into Nav, and tint for $840/mo - $1380 drive off.
Here is a link to the formula that you can use to calculate your car's lease payment: Calculate Your Own Lease Payment.
Car_man
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Car_man
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The MSRP is $49,483 and I got the dealer down to a selling price of $44,311. The dealer offered a money factor of 0.00225,a residual value of 52%, and no cap cost reduction or security deposit on a 36 month / 12,000 mile per year lease. They also add the $600 leasing fee to the cap cost and would not budge on requiring a $389 doc fee at signing.
I felt I could get a little better plus I could avoid those fees. So, I went to work emailing this offer to 15 other dealers within a 250 mile radius. No one was able to match the offer after a few days and several bowed out immediately stating "that's a great deal, we can't beat it, enjoy your new car!".
So, I accepted the dealer's offer last night and left a $500 deposit to reserve the car for myself and prevent someone else from taking it. The car is currently on a boat and due into port on the 19th.
Now, I've got another dealer stating he can get me the car at a better deal. I haven't seen his offer yet but I'm curious that if it is a better deal am I tied into the one on it's way to port because I left a deposit?