2014 Lexus IS 350 Lease Questions

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  • MichaellMichaell ColoradoModerator Posts: 193,156

    @2old4xbox said:
    michaell thanks for the help. Yes, I didn't list license fees ($973) and DMV ($75).

    That will do it ... seems to be a solid deal.

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  • julio91julio91 Miami, FloridaMember Posts: 153
    @michaell @‌Kyfdx
    Hey guys I need your opinion,

    A 2014 Is350 f sport came in has 6385 miles on it and they are selling it as a demo, the Sticker price was $49856 I believe (But Im sure it said $49,000) and they are discounting the car heavily. Don't remember the exact amount but will try to get it. This is what im getting.

    33 months, 12 k a year (rolling in $6,500.00 of negative equity *NEVER LEASE A VW*)
    MF - 0.00085 - 62%
    3,000$ down ( I was going to do Multiples but its way to much)
    $570.00

    was wondering over the top does it sound good ? I know its alittle difficult because i dont have the exact numbers but I feel like i could go alittle lower. Your opinion will greatly appreciate. Thanks guys
  • MichaellMichaell ColoradoModerator Posts: 193,156
    julio91 said:

    @michaell @‌Kyfdx
    Hey guys I need your opinion,

    A 2014 Is350 f sport came in has 6385 miles on it and they are selling it as a demo, the Sticker price was $49856 I believe (But Im sure it said $49,000) and they are discounting the car heavily. Don't remember the exact amount but will try to get it. This is what im getting.

    33 months, 12 k a year (rolling in $6,500.00 of negative equity *NEVER LEASE A VW*)
    MF - 0.00085 - 62%
    3,000$ down ( I was going to do Multiples but its way to much)
    $570.00

    was wondering over the top does it sound good ? I know its alittle difficult because i dont have the exact numbers but I feel like i could go alittle lower. Your opinion will greatly appreciate. Thanks guys

    Are you ending your VW lease early? If you wait until the lease terminates, you can walk away with $0 negative equity. That alone is adding almost $200/mo to your payment.

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  • julio91julio91 Miami, FloridaMember Posts: 153
    Michaell said:

    julio91 said:

    @michaell @‌Kyfdx
    Hey guys I need your opinion,

    A 2014 Is350 f sport came in has 6385 miles on it and they are selling it as a demo, the Sticker price was $49856 I believe (But Im sure it said $49,000) and they are discounting the car heavily. Don't remember the exact amount but will try to get it. This is what im getting.

    33 months, 12 k a year (rolling in $6,500.00 of negative equity *NEVER LEASE A VW*)
    MF - 0.00085 - 62%
    3,000$ down ( I was going to do Multiples but its way to much)
    $570.00

    was wondering over the top does it sound good ? I know its alittle difficult because i dont have the exact numbers but I feel like i could go alittle lower. Your opinion will greatly appreciate. Thanks guys

    Are you ending your VW lease early? If you wait until the lease terminates, you can walk away with $0 negative equity. That alone is adding almost $200/mo to your payment.

    I need another 2 years with the VW, after i reach 30,000 miles on the car i liable for anything turn ups oil changes and new tires. *Im currently at 23,000 miles ( I did a 48 month Lease with VW, thanks to them I learned alittle more about leasing) so the way im seeing it rather me putting it in that car (the passat) that i hate, I'd rather put it in on a car that I really like and maintenance and everything else is covered.
  • elitox87elitox87 Member Posts: 24
    hey guys, can i get MF/RV for 2015 IS350 AWD on 27/10k thanks.
  • kyfdxkyfdx Moderator Posts: 197,739
    elitox87 said:

    hey guys, can i get MF/RV for 2015 IS350 AWD on 27/10k thanks.


    .00130 MF and 73% residual

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  • rsamerica1rsamerica1 Member Posts: 61
    Hello - looking for MF and Residual for 2014 and 2015 IS350 AWD for PA for 27 month (or other optimal timeframe) and 15K miles.
  • kyfdxkyfdx Moderator Posts: 197,739

    Hello - looking for MF and Residual for 2014 and 2015 IS350 AWD for PA for 27 month (or other optimal timeframe) and 15K miles.


    2015: .00130 MF and 70% residual

    2014: .00085 MF and 66% residual. $850 lease cash.

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  • rsamerica1rsamerica1 Member Posts: 61
    kyfdx said:

    Hello - looking for MF and Residual for 2014 and 2015 IS350 AWD for PA for 27 month (or other optimal timeframe) and 15K miles.


    2015: .00130 MF and 70% residual

    2014: .00085 MF and 66% residual. $850 lease cash.
    Thanks!
  • abundantnabundantn Member Posts: 2
    Hello. A little help please. Looking at a 2015 IS 350 AWD FS. MSRP $49400.

    A few questions

    1. What is MF and RV for 36/10 lease in St. Louis, MO.?

    2. I negotiated a sale price of $46500 so far. Is this reasonable or do I have more room to negotiate before I begin negotiating the lease terms?

    Thanks

  • MichaellMichaell ColoradoModerator Posts: 193,156
    abundantn said:

    Hello. A little help please. Looking at a 2015 IS 350 AWD FS. MSRP $49400.


    A few questions

    1. What is MF and RV for 36/10 lease in St. Louis, MO.?

    2. I negotiated a sale price of $46500 so far. Is this reasonable or do I have more room to negotiate before I begin negotiating the lease terms?

    Thanks

    1. 65% and .00130

    2. Use the pricing tools at the top of the page to determine a target selling price.

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  • abundantnabundantn Member Posts: 2

    Here is my quote..


    MSRP of $49,464

    Discount of $4659

    $195 Administrative fee

    Purchasing price $45,000.

         36 month lease for 10K miles a year, using .00130 MF and a RV of 65%, taxes, acquisition, license, and registration all included

    0 down-  519 per month
    2500 down- 440 per month
    5000 down- 362 per month

        27 months for 10K a year

    0 down- 502 per month
    2500 down- 399 per month
    5000 down-296 per month


    Thoughts?


    Thanks


  • kyfdxkyfdx Moderator Posts: 197,739
    abundantn said:

    Here is my quote..


    MSRP of $49,464

    Discount of $4659

    $195 Administrative fee

    Purchasing price $45,000.



         36 month lease for 10K miles a year, using .00130 MF and a
    RV of 65%, taxes, acquisition, license, and registration all included



    0 down-  519 per month

    2500 down- 440 per month

    5000 down- 362 per month



        27 months for 10K a year



    0 down- 502 per month

    2500 down- 399 per month

    5000 down-296 per month


    Thoughts?


    Thanks


    Numbers seem pretty close to that.. though would need to know tax rate/state and amount of the other fees to be sure.. I'd definitely take the shorter term for the lower price.

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  • gdooleygdooley Member Posts: 4
    Hi, there. Looking at the residual value for a '15 250 with navigation. Thanks!
  • kyfdxkyfdx Moderator Posts: 197,739
    gdooley said:

    Hi, there. Looking at the residual value for a '15 250 with navigation. Thanks!

    63% for 36mo, 15K/yr

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  • cweldecwelde Member Posts: 7
    Hello, can you please quote residual and money factor on ... 2015 IS350 F-sport AWD, 24 months 12k miles/year, and 27 months 12K/year

    MSRP $49,574. Thank you
  • MichaellMichaell ColoradoModerator Posts: 193,156
    cwelde said:

    Hello, can you please quote residual and money factor on ... 2015 IS350 F-sport AWD, 24 months 12k miles/year, and 27 months 12K/year

    MSRP $49,574. Thank you

    24/12 - 74%

    27/12 - 72%

    MF is .00130 for both terms.

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  • yaoblingyaobling Member Posts: 4
    Hello, really looking to buy this month if possible. Could I get November's MF and RV on a 2015 IS350 F-Sport RWD 24/12 36/12 36/15
    Website says MSRP is 48325.

    Thank you
  • cwyattcwyatt Member Posts: 10
    I'm fairly certain new rates come out Nov 15th to kick off December to Remember. If you can wait a week, chances are better deals may come.
  • MichaellMichaell ColoradoModerator Posts: 193,156
    yaobling said:

    Hello, really looking to buy this month if possible. Could I get November's MF and RV on a 2015 IS350 F-Sport RWD 24/12 36/12 36/15
    Website says MSRP is 48325.

    Thank you

    Only residual values are available currently - 72% for 24/12, 62% for 36/15 and 64% for 36/12.

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  • muajkomuajko MDMember Posts: 9
    Is any information available yet for the MF and residual on the new 2015 RC350 F Sport for a Maryland lease? Looking for 12,000 miles  36 months or 15,000 miles 48 months 
  • kyfdxkyfdx Moderator Posts: 197,739
    muajko said:

    Is any information available yet for the MF and residual on the new 2015 RC350 F Sport for a Maryland lease? Looking for 12,000 miles  36 months or 15,000 miles 48 months 


    71% residual for 27 month, 12K/yr..

    That's the only number I have..

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  • yaoblingyaobling Member Posts: 4
    Any info on December to remember rates for a RWD 2015 is350 f sport. Looking to get a 12/36 or 12/24. MF and RV please and are there some good rebates or discounts that come with this event. 

    Thank you in advance!
  • MichaellMichaell ColoradoModerator Posts: 193,156
    yaobling said:

    Any info on December to remember rates for a RWD 2015 is350 f sport. Looking to get a 12/36 or 12/24. MF and RV please and are there some good rebates or discounts that come with this event. 

    Thank you in advance!

    24/12 - 74%

    36/12 - 64%

    .00105 MF

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  • dinodrdinodr Member Posts: 31
    Can you post RV and MF for Lexus IS 350 24m/15K lease? Any current incentives? Thank you.
  • kyfdxkyfdx Moderator Posts: 197,739
    dinodr said:

    Can you post RV and MF for Lexus IS 350 24m/15K lease? Any current incentives? Thank you.


    .00105 MF and 72% residual. Complimentary 1st payment

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  • yaoblingyaobling Member Posts: 4
    edited November 2014
    So the deal I'm working right now seems pretty good. My brother got a 2015 IS 350 F sport RWD for 43,550 negotiated sales. I showed this contract to my current sales person and I am asking for the 1,000 rebate for new grad. Looks like they should be able to do this. Here is the details
    2015 Lexus IS350 F-Sport RWD
    MSRP 49,000
    43,550 Sale
    1,000 new grad rebate
    MF- 0.00075
    RV%- 64
    36m/12k
    "Should" give complimentary 1st payment
    Calculator says 394/month including 8.1 sales tax. This doesn't include processing fees and what not.

    If they offer this, sound good?
  • MichaellMichaell ColoradoModerator Posts: 193,156
    yaobling said:

    So the deal I'm working right now seems pretty good. My brother got a 2015 IS 350 F sport RWD for 43,550 negotiated sales. I showed this contract to my current sales person and I am asking for the 1,000 rebate for new grad. Looks like they should be able to do this. Here is the details
    2015 Lexus IS350 F-Sport RWD
    MSRP 49,000
    43,550 Sale
    1,000 new grad rebate
    MF- 0.00075
    RV%- 64
    36m/12k
    "Should" give complimentary 1st payment
    Calculator says 394/month including 8.1 sales tax. This doesn't include processing fees and what not.

    If they offer this, sound good?

    I'm showing $395.93/mo with your numbers, so close enough. Looks like a solid deal - under $400/mo for a $49K car is good.

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  • yaoblingyaobling Member Posts: 4
    edited November 2014
    What about processing fees and document fees and everything. Looks like that stuff is going to tac on an additional 2500$ to the total price.

    I'm guessing this cost is normal?
  • MichaellMichaell ColoradoModerator Posts: 193,156
    yaobling said:

    What about processing fees and document fees and everything. Looks like that stuff is going to tac on an additional 2500$ to the total price.

    I'm guessing this cost is normal?

    What is the breakdown?

    The acquisition fee cannot be waived.

    Dealer fee is extra profit; try to negotiate a lower selling price to offset it.

    State and local registration fees cannot be avoided.

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  • thunderwoofthunderwoof Member Posts: 4
    edited December 2014
    How is the deal below on a 2015 IS350 F-Sport RWD w. navigation and Mark Levinson audio:

    Residual: 75% MSRP or $36494.25
    24 months / 10k miles
    MF: 0.00105
    Down payment $1500 (all taxes and fees included)
    Monthly $395.90 tax included
    Lexus will pay for first month payment

    Thank you.
  • MichaellMichaell ColoradoModerator Posts: 193,156

    How is the deal below on a 2015 IS350 F-Sport RWD w. navigation and Mark Levinson audio:

    Residual: 75% MSRP or $36494.25
    24 months / 10k miles
    MF: 0.00105
    Down payment $1500 (all taxes and fees included)
    Monthly $395.90 tax included
    Lexus will pay for first month payment

    Thank you.

    What is the selling price? Looks pretty good, regardless.

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  • thunderwoofthunderwoof Member Posts: 4
    Sales price wasn't specified. However, based on the $36,494 residual = 75% of MSRP, I'm estimating sales price to be $48,660. Is that correct?
  • MichaellMichaell ColoradoModerator Posts: 193,156

    Sales price wasn't specified. However, based on the $36,494 residual = 75% of MSRP, I'm estimating sales price to be $48,660. Is that correct?

    No - the residual is based of the MSRP, which would be $48,660 in your case. The selling price should be the negotiated price, and hopefully lower than MSRP.

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  • beatwizbeatwiz Member Posts: 3
    Anyone with any idea on 14' IS350 of RV and MF for 36/12K?
    I try to seal the deal over this weekend.
    Thanks!
  • MichaellMichaell ColoradoModerator Posts: 193,156
    beatwiz said:

    Anyone with any idea on 14' IS350 of RV and MF for 36/12K?
    I try to seal the deal over this weekend.
    Thanks!

    60% residual. No MF information for 2014 model year.

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  • willyc1willyc1 Member Posts: 22
    Could I please get the numbers for an 2015 IS 350 24/15k and 36/15K?
  • MichaellMichaell ColoradoModerator Posts: 193,156
    willyc1 said:

    Could I please get the numbers for an 2015 IS 350 24/15k and 36/15K?

    70% / 62%

    .00090 MF

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  • kbad81kbad81 Member Posts: 26
    Can I please have the money factor and residual for an 350fsport for the following:

    24/10 & 24/12
  • MichaellMichaell ColoradoModerator Posts: 193,156
    kbad81 said:

    Can I please have the money factor and residual for an 350fsport for the following:

    24/10 & 24/12

    72% / 73% and .00090

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  • arturob2arturob2 MiamiMember Posts: 46
    Hi Michaell,

    Do you have the residual and MF for an IS-C 350 and 250 for 36 months, 12K miles term?

    Thanks! 
  • MichaellMichaell ColoradoModerator Posts: 193,156
    arturob said:

    Hi Michaell,

    Do you have the residual and MF for an IS-C 350 and 250 for 36 months, 12K miles term?

    Thanks! 

    We don't yet have the March MF from Lexus, but the residual value for 36/12 on the IS convertibles is 61% for the 250 and 59% for the 350.

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  • arturob2arturob2 MiamiMember Posts: 46
    Michaell said:

    arturob said:

    Hi Michaell,

    Do you have the residual and MF for an IS-C 350 and 250 for 36 months, 12K miles term?

    Thanks! 

    We don't yet have the March MF from Lexus, but the residual value for 36/12 on the IS convertibles is 61% for the 250 and 59% for the 350.
    Hi Michaell!

    Did you get the March MF for the IS-Cs?

    Thank you!
  • MichaellMichaell ColoradoModerator Posts: 193,156
    arturob said:
    Hi Michaell,

    Do you have the residual and MF for an IS-C 350 and 250 for 36 months, 12K miles term?

    Thanks! 
    We don't yet have the March MF from Lexus, but the residual value for 36/12 on the IS convertibles is 61% for the 250 and 59% for the 350.
    Hi Michaell! Did you get the March MF for the IS-Cs? Thank you!
    .00145

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  • rocknryrocknry Member Posts: 11
    First time poster.. Long time lurker.. 

    Looking at leasing a 2015 IS 350 F Sport. Any April lease info available yet? Looking for 27/10-12 or 36/10-12

    Thanks in advance for your help! 
  • MichaellMichaell ColoradoModerator Posts: 193,156
    rocknry said:

    First time poster.. Long time lurker.. 

    Looking at leasing a 2015 IS 350 F Sport. Any April lease info available yet? Looking for 27/10-12 or 36/10-12

    Thanks in advance for your help! 

    27/12 - 69%

    36/12 - 63%

    Add 1% for 10K

    .00090 MF for both with $500 lease cash.

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  • rocknryrocknry Member Posts: 11
    Thanks for the intel, I will let you know how it goes.
  • rocknryrocknry Member Posts: 11
    As an update.. Purchased my IS350 F Sport yesterday! Here are the details:

    MSRP: 48695 (RWD, F Sport, ML Audio/Navi, Preferred Accessory Package, BSM)
    Invoice Price: 45150 (ish)
    Sales Price: 43865
    CAP: 44750 (Include licence/acq)

    Residual: 64%
    Residual value: 31,141
    DP: 1200
    Lease Cash: 500
    Terms: 36/10
    MF: .0007 (724 AEF)

    Payment: $432 (including tax)

    Note: The dealership originally tried to say the MF was accurate with the $500+ payment they were offering. I calculated it by hand in front of the salesman, and they eventually said that I was right and ended up back pedaling the rest of the visit. Then I got the correct MF, and they lowered the price significantly. Check. Mate.

    Takeaway: Understanding leases more than your salesman behooves the entire process.
  • MichaellMichaell ColoradoModerator Posts: 193,156
    rocknry said:

    As an update.. Purchased my IS350 F Sport yesterday! Here are the details:

    MSRP: 48695 (RWD, F Sport, ML Audio/Navi, Preferred Accessory Package, BSM)
    Invoice Price: 45150 (ish)
    Sales Price: 43865
    CAP: 44750 (Include licence/acq)

    Residual: 64%
    Residual value: 31,141
    DP: 1200
    Lease Cash: 500
    Terms: 36/10
    MF: .0007 (724 AEF)

    Payment: $432 (including tax)

    Note: The dealership originally tried to say the MF was accurate with the $500+ payment they were offering. I calculated it by hand in front of the salesman, and they eventually said that I was right and ended up back pedaling the rest of the visit. Then I got the correct MF, and they lowered the price significantly. Check. Mate.

    Takeaway: Understanding leases more than your salesman behooves the entire process.

    Nice deal .. enjoy your new Lexus.

    Knowledge is power!

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  • ClairesClaires Chicago areaMember Posts: 1,222
    To discuss the latest lease details for the current model, please join us in the 2015 Lexus IS 350 Lease Questions forum.

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