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2013 and earlier Lexus GS 350 / GS 460 Lease Questions
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Also there seems to be three rebates out there: regular Lexus cash $1000 from Lexus Financial, conquest cash of $1000 and Military rebate of $750. I'm told for the $1000 rebates it's one or the other - can't be combined. Is that true?
I only found the AWD model:
2013 LEXUS GS350 AWD
36 Month – Residual 59% of MSRP – .00145 Base Rate
- The above is for 15k miles
- Add 2% to the residual for 12k annual miles
- Money factor comes out to be 3.48%
Happy hunting!
You are correct, the two $1,000 cash incentives cannot be combined.
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GS350 F Sport package, Mark Levinson sound w/Navigation, bluetooth.
Graphite Metallic exterior.
36 month closed end lease, 10k miles per year.
5,000 dollars drive off.
600 per month, including tax and license.
money factor 0.0013
2013 GS350 F-Sport
Starfire Pearl on Flaxen w/ Aluminum
MSRP: $57,950
$1,000 drive off
24 months
10k/year
$451/month
Super thankful for this forum for the research.
Thanks for any responses.
PS. Im planning on purchasing next sunday, Feb 24
What is the money factor and residual value for a 2013 GS 350 F Sport for a 36 month, 15k miles/year? Im in Miami, FL since your previous posts say that it may be different based on region. Thanks!
Also what are the latest lease figures this month for 2013 GS350 RWD 36 months 10K or 12K miles a year?
36 month / 36,000 Miles
Tier 1+ credit
GS350 Base / Premium - MF=.00120 RES=61%
GS350 Luxury - MF=.00070 RES=58%
GS450h - MF=.00145 RES=60%
Regards, Peter
GS450h Base / Premium - MF=.00145 RES=60%
GS450h Luxury - MF=.00145 RES=57%
Regards, Peter
Any luck with finding out what the money factor and residual value is for a 2013 GS 350 F Sport for a 36 month, 15k miles per year lease in Miami, FL?
Any incentives?
Thanks!
The numbers for an otherwise identical lease of an F-Sport RWD are .00050 and 56%.
If you were to lease with 12,000 miles per year, these residual values would be 2% higher.
Lexus is providing a $1,500 cash incentive on leases of this car through LFS.
Car_man
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Car_man
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With the $1500 incentives that are out there what sort of pricing should I am for here in Southern California for vehicles equipped at MSRP of $53,145 or $54,207? Should I try to get the price of the car down to $1500 under invoice if I'm leasing?
With the current lease rates you posted are those good for ones that are marked as Premium/Navigation Package models? How about Luxury models do they have same money factor and residual values as the ones you posted for the Base?
Are we able to apply the $1500 incentive towards the cap cost so that our monthly payment is lowered? I talked to one dealer and the calculations he sent me was that my total drive off fees were going to be around $1150 and so he calculated with using the $1500 to take of that and then the leftover was used to reduce the cap cost by $350 that was left. So I would be doinga true zero drive off in this scenario, though higher payments by like $35 per month.
I was thinking of just applying the full $1500 to lower the selling price of car that we had agreed on and then add the $700 acq fee to that to get sdjusted cap cost from which my lease payments would be calculated. Though this way the payments would $35 less, but I would need to do the $1150 drive off.
I guess it doesn't really matter how it is done either I pay that $1150 upfront or over the 36 months. Any advantage to having them do it either way or they can only do it the way he emailed me?
Need your opinion on something. If I'm talking to a dealer and they are quoting me a MF on the GS350 (I'm in SoCal) above the base rate of 0.00100 (I qualify for this Tier 1+ rate) would I have any chance of making them give me the lower rate or not? If inform them that I'm aware that the base rate is 0.00100 would they be open then to giving me that rate or if a dealer is quoting that higher rate (to make a profit) then I should I not deal with them and go to a dealer that will give me the base rate MF? I'm asking since the dealer that is giving me the best price for the car is also quoting me a MF at 0.00155 instead of the 0.00100 that you have posted. This dealer is in NorCal. I talked to a dealer in SoCal and they confirmed that it is 0.00100. But another SoCal dealer that gave me a monthly lease rate quoted was using 0.00120. I emailed that dealership back that I know the MF should be 0.00100, but so far no response.
So overall if a dealer is quoting a higher MF than base rate should we try to get the MF at the base rate from this dealer or is it just wasting time and they won't adjust down? Time to move to another dealer and ask first if they will be using the base rate or not.
MSRP: $59,014
Sale Price: $54, 240 (before manufacturer rebate which brought it close to $53k)
27 Month Lease
15k miles / yr
$659 / month
$2k drive off
Thanks
What is included in your drive off fees?
So for the lease rebate did they just take it off the price of the car an additional $1500 from the $54,240 price so your cap cost would have been $52,740 + $700 Acquisition fee so you net cap cost that was used to figure out your monthly payments should have been about $53,440...is that correct?
Lexus Financial Services' March buy rate lease money factor and residual value for a 36-month lease of a base 2013 GS 350 RWD with 15,000 miles per year are .00100 and 59% in Southern California for consumers who qualify for its top aka Tier 1+ credit tier.
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The reason that the dealer that's quoting you the lowest selling price for the car is charging you a higher money factor is they are making money up on the back-end by marking up your rate.
I personally have never leased a vehicle with a marked up money factor, but your mileage may vary.
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I am planning to buy and NOT lease. In case if you have leased then please share how we can arrive to the price paid figure using the Money factor and residual values etc...
So the few dealers that I asked about the MF for 36 mo / 10K confirmed it to be at 62%. But this one dealer which has very good price and are not adding any junk fees and low drive off is quoting me a residual of 61% for 10K a year. They even emailed me a screen shot of their computer with all lease numbers and the residual is at 61%. I thought the residual was not to be changed or altered since that is from Lexus. The only thing I can think of is they might be confused and thinking I am requesting 12K a year which would be at 61%.
I know from what you posted and after talking with other dealers the residual for 36/10K should be at 62%. I guess I have to clear this up maybe by phone since I know they are in error.
what's the MF and residual on GS350 AWD 10k miles / 24 months for east coast DC area? Any incentives for Apr. 2013?
This is a great deal, could you please share name of the dealership and Sale person's name? Much appreciated
Indeed it is...such great deal.
Can you share the dealership and salesperson for this deal? Thank you for your time in advance!
Lexus is currently providing a $1,500 cash incentive on leases of this car through LFS. Make sure to take this cash into account during your negotiations.
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Thank you
Can you guys let me know if you believe this to be a good deal???
Lexus GS 350 F Sport MSRP 56888
Sale price: 49,688
36 Month Lease with 18K miles/year
Residual: 57% off of MSRP
MF: .00145
Thanks!!!
Can you let me know if you believe this to be a good deal???
Lexus GS 350 F Sport MSRP 56888
Sale price: 49,688
36 Month Lease with 18K miles/year
Residual: 57% off of MSRP
MF: .00145
Thanks!!!
Car_man
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Car_man
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