2015 Lexus CT 200h Lease Questions

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  • mtg2010mtg2010 Member Posts: 2
    Hi, would like to know if this is a good deal before I sign for a base 2015 CT200h:

    MSRP - $33,405
    Cap Cost - $30,198
    Down payment - $0
    Payment - $306.99 per month ( including tax )
    Term - 36 month
    Miles - 12k per year
    Residual - 59% / $19,709
    Lease Factor - .00055

    Feedback is much appreciated, thanks!
  • MichaellMichaell Moderator Posts: 265,238
    mtg2010 said:

    Hi, would like to know if this is a good deal before I sign for a base 2015 CT200h:

    MSRP - $33,405
    Cap Cost - $30,198
    Down payment - $0
    Payment - $306.99 per month ( including tax )
    Term - 36 month
    Miles - 12k per year
    Residual - 59% / $19,709
    Lease Factor - .00055

    Feedback is much appreciated, thanks!

    I confirm the MF and residual you quote. With your numbers, I get a pre-tax payment of $319, so not entirely sure how the dealer gets $307 with tax.

    Looks to be solid, so far as I can tell.

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  • mtg2010mtg2010 Member Posts: 2
    Oh sorry, the cap cost given previously didn't include the rebate. Here are the updated figures

    MSRP $33,529
    Net Cap $28,568
    12K miles/yr 36 month lease
    59% residual, .00055 MF
    0 out of pocket
    first month complimentary
    $271 before tax (rounded)

    Go for it?
  • MichaellMichaell Moderator Posts: 265,238
    mtg2010 said:

    Oh sorry, the cap cost given previously didn't include the rebate. Here are the updated figures

    MSRP $33,529
    Net Cap $28,568
    12K miles/yr 36 month lease
    59% residual, .00055 MF
    0 out of pocket
    first month complimentary
    $271 before tax (rounded)

    Go for it?

    I get the same payment. Seems like a lot of car for the money. If you're comfortable with the selling price, there is no reason not to pull the trigger.

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  • sassimizsassimiz Member Posts: 16
    Anyone know when the 2016's are coming in? Is it worth it to wait, or should I grab a 2015 and hope for a good deal?
  • kyfdxkyfdx Moderator Posts: 267,961
    sassimiz said:

    Anyone know when the 2016's are coming in? Is it worth it to wait, or should I grab a 2015 and hope for a good deal?

    I think 2016s are either here, or right around the corner..

    But, if leasing, the 2015 will be an easy $50/mo. less than the 2016.

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  • sassimizsassimiz Member Posts: 16
    Ok...

    2015 CT with navi
    MSRP- $38,000
    36 months/12k
    residual- 59%
    MF-.0015

    $307.85 with $1100 down (bank fee, dmv, plate tx and first month)
    or
    $327.42 with $425 down (first month and DMV and plate tx)

    Good deal?
  • MichaellMichaell Moderator Posts: 265,238
    sassimiz said:

    Ok...

    2015 CT with navi
    MSRP- $38,000
    36 months/12k
    residual- 59%
    MF-.0015

    $307.85 with $1100 down (bank fee, dmv, plate tx and first month)
    or
    $327.42 with $425 down (first month and DMV and plate tx)

    Good deal?

    What is the selling price?

    I confirm the 59% residual for 36/12, but I'm showing the base MF as .00055.

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  • sassimizsassimiz Member Posts: 16
    Michaell said:

    sassimiz said:

    Ok...

    2015 CT with navi
    MSRP- $38,000
    36 months/12k
    residual- 59%
    MF-.0015

    $307.85 with $1100 down (bank fee, dmv, plate tx and first month)
    or
    $327.42 with $425 down (first month and DMV and plate tx)

    Good deal?

    What is the selling price?

    I confirm the 59% residual for 36/12, but I'm showing the base MF as .00055.
    Oops, sorry! Selling price is $35, 212 and MF is .00015.



  • MichaellMichaell Moderator Posts: 265,238
    sassimiz said:

    Michaell said:

    sassimiz said:

    Ok...

    2015 CT with navi
    MSRP- $38,000
    36 months/12k
    residual- 59%
    MF-.0015

    $307.85 with $1100 down (bank fee, dmv, plate tx and first month)
    or
    $327.42 with $425 down (first month and DMV and plate tx)

    Good deal?

    What is the selling price?

    I confirm the 59% residual for 36/12, but I'm showing the base MF as .00055.
    Oops, sorry! Selling price is $35, 212 and MF is .00015.
    With those numbers, I get $364/mo before tax and $0 down.

    Not sure how the dealer is getting to $328/mo with $425 down, but it seems like a pretty good deal.

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  • sassimizsassimiz Member Posts: 16
    Michaell said:

    sassimiz said:

    Michaell said:

    sassimiz said:

    Ok...

    2015 CT with navi
    MSRP- $38,000
    36 months/12k
    residual- 59%
    MF-.0015

    $307.85 with $1100 down (bank fee, dmv, plate tx and first month)
    or
    $327.42 with $425 down (first month and DMV and plate tx)

    Good deal?

    What is the selling price?

    I confirm the 59% residual for 36/12, but I'm showing the base MF as .00055.
    Oops, sorry! Selling price is $35, 212 and MF is .00015.
    With those numbers, I get $364/mo before tax and $0 down.

    Not sure how the dealer is getting to $328/mo with $425 down, but it seems like a pretty good deal.

    I just verified that there is a $3000 rebate for the CT.

  • MichaellMichaell Moderator Posts: 265,238
    sassimiz said:

    Michaell said:

    sassimiz said:

    Michaell said:

    sassimiz said:

    Ok...

    2015 CT with navi
    MSRP- $38,000
    36 months/12k
    residual- 59%
    MF-.0015

    $307.85 with $1100 down (bank fee, dmv, plate tx and first month)
    or
    $327.42 with $425 down (first month and DMV and plate tx)

    Good deal?

    What is the selling price?

    I confirm the 59% residual for 36/12, but I'm showing the base MF as .00055.
    Oops, sorry! Selling price is $35, 212 and MF is .00015.
    With those numbers, I get $364/mo before tax and $0 down.

    Not sure how the dealer is getting to $328/mo with $425 down, but it seems like a pretty good deal.

    I just verified that there is a $3000 rebate for the CT.

    That's about $84/mo if it all goes to the cap cost.

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  • sassimizsassimiz Member Posts: 16
    edited September 2015
    With sales tax I'm coming up with about $325 if I am calculating correctly.
  • MichaellMichaell Moderator Posts: 265,238
    sassimiz said:

    With sales tax I'm coming up with about $325 if I am calculating correctly.

    Using what numbers?

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  • sassimizsassimiz Member Posts: 16
    Michaell said:

    sassimiz said:

    With sales tax I'm coming up with about $325 if I am calculating correctly.

    Using what numbers?
    I used the Edmunds calculator...

    MSRP $38,059
    Sale price $35,212
    59% residual .00015 MF
    36 months/12k miles
    $700 bank fee
    $3000 rebate
    8.625% tax

    came up with $323 a month

    Am I missing something?


  • MichaellMichaell Moderator Posts: 265,238
    sassimiz said:

    Michaell said:

    sassimiz said:

    With sales tax I'm coming up with about $325 if I am calculating correctly.

    Using what numbers?
    I used the Edmunds calculator...

    MSRP $38,059
    Sale price $35,212
    59% residual .00015 MF
    36 months/12k miles
    $700 bank fee
    $3000 rebate
    8.625% tax

    came up with $323 a month

    Am I missing something?
    If I use $32,912 as the net cap cost (selling price - rebate + bank fee), then I get $324.55/mo with my spreadsheet, pretty much in line with the numbers you are calculating.

    I would ask the dealer what net cap cost they are using; I suspect it's different (higher). Find out why.

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  • sassimizsassimiz Member Posts: 16
    I picked it up yesterday- payment ended up being $322.43 with $467 down. Thanks for your help!
  • kyfdxkyfdx Moderator Posts: 267,961
    sassimiz said:

    I picked it up yesterday- payment ended up being $322.43 with $467 down. Thanks for your help!

    Great job! Enjoy your new car.

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  • shafeyshafey Member Posts: 13
    Hi,

    Whats the MF and RV for 2015 CT200h 24 and 36 month 10K mile?

    What are those numbers for a 2016?
  • MichaellMichaell Moderator Posts: 265,238
    shafey said:

    Hi,

    Whats the MF and RV for 2015 CT200h 24 and 36 month 10K mile?

    What are those numbers for a 2016?

    2015 - 64% / 57% and .00170

    2016 - 68% / 61% and .00070. $1000 lease cash

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  • quidam86quidam86 Member Posts: 3
    I read in CarsDirect.com about a $5,500 conquest/loyalty rebate for leasing/financing a 2015 CT200h in southern california. Do you know about this? Would it be advisable to lease the 2015 if this rebate is available or lease the 2016 CT200 h? thank you.
  • quidam86quidam86 Member Posts: 3
    edited October 2015
    Whats the MF and RV for 2015 CT200h 36 month 12K mile? Los Angeles, CA.

    What are those numbers for a 2016? Are there any rebates I should keep in mind/deadline to qualify for those rebates?

    thank you.
  • MichaellMichaell Moderator Posts: 265,238
    quidam86 said:

    I read in CarsDirect.com about a $5,500 conquest/loyalty rebate for leasing/financing a 2015 CT200h in southern california. Do you know about this? Would it be advisable to lease the 2015 if this rebate is available or lease the 2016 CT200 h? thank you.

    There is $5500 loyalty or conquest cash on the 2015 CT200h.

    You'd have to run the numbers for both model years to see which makes more sense.
    quidam86 said:

    Whats the MF and RV for 2015 CT200h 36 month 12K mile? Los Angeles, CA.

    What are those numbers for a 2016? Are there any rebates I should keep in mind/deadline to qualify for those rebates?

    thank you.

    2015 - .00170 and 56%
    2016 - .00070 and 60%. $1000 lease cash.

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  • dinamo1975dinamo1975 Member Posts: 12
    Whats the MF and RV for 2015 CT200h 36 month 10K mile? Virginia
    Any Lease cash?
  • MichaellMichaell Moderator Posts: 265,238
    dinamo1975 said:

    Whats the MF and RV for 2015 CT200h 36 month 10K mile? Virginia
    Any Lease cash?

    57% and .00170 MF.. $5500 loyalty or conquest cash.

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  • dinamo1975dinamo1975 Member Posts: 12
    Thank you. Just got a new 2015
    MSRP $33,230
    Sale price $30,275
    56% residual .00170 MF
    36 months/12k miles
    $700 bank fee
    $5500 rebate
    OTD -$304 first payment (inc. VA tax and all fees)
    How did I do?
  • MichaellMichaell Moderator Posts: 265,238
    dinamo1975 said:

    Thank you. Just got a new 2015
    MSRP $33,230
    Sale price $30,275
    56% residual .00170 MF
    36 months/12k miles
    $700 bank fee
    $5500 rebate
    OTD -$304 first payment (inc. VA tax and all fees)
    How did I do?

    Nice deal! Congrats and thanks for checking in with your numbers.

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  • dmanf51dmanf51 Member Posts: 22
    Any numbers/incentives on '15 & '16 for 36/10k?

    Thanks
  • kyfdxkyfdx Moderator Posts: 267,961
    dmanf51 said:

    Any numbers/incentives on '15 & '16 for 36/10k?

    Thanks

    2015: .00180 MF and 57% residual. $5500 lease cash

    2016: .00045 MF and 61% residual. $1500 lease cash. Complimentary 1st payment.

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  • jrod13jrod13 Member Posts: 38
    what are the numbers for the 2015 and 2016 models...24/15k?
  • MichaellMichaell Moderator Posts: 265,238
    jrod13 said:

    what are the numbers for the 2015 and 2016 models...24/15k?

    2015 - 61% and .00180. $5500 loyalty or conquest cash.
    2016 - 65% and .00045. $1500 lease cash and complimentary first payment

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  • djrabbidjrabbi Member Posts: 151
    Any deals on 24mon/7500 for the CT200 in VA?
  • kyfdxkyfdx Moderator Posts: 267,961
    djrabbi said:

    Any deals on 24mon/7500 for the CT200 in VA?

    64% residual with $5500 loyalty/conquest cash. .00180 MF

    Might do better on a 2016 model.

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  • fasst2001fasst2001 Member Posts: 5
    Hi. Can you tell me incentives. residual and MF for 36 month/12000 in NM? Is it different for the F Sport and the regular versions? If so, can you give me both? 2016 will be fine as they only have one 2015 left and I don't really like the color.

    Thanks!
  • kyfdxkyfdx Moderator Posts: 267,961
    fasst2001 said:

    Hi. Can you tell me incentives. residual and MF for 36 month/12000 in NM? Is it different for the F Sport and the regular versions? If so, can you give me both? 2016 will be fine as they only have one 2015 left and I don't really like the color.

    Thanks!

    .00045 MF and 60% residual. $1500 lease cash + complimentary 1st payment.

    No difference for F Sport

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  • floridagator1floridagator1 Member Posts: 68
    @kyfdx @Michaell 2016 CT200H F-Sport; 27-36-48 Residual and MF.. Any incentives plus loyalty? Thanks
  • MichaellMichaell Moderator Posts: 265,238
    edited January 2016
    floridagator1 said:

    @kyfdx @Michaell 2016 CT200H F-Sport; 27-36-48 Residual and MF.. Any incentives plus loyalty? Thanks

    61% / 56% / 47% (15K miles).

    .00015 for up to 36 months; .00050 for anything longer

    $1500 lease cash.

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  • tasguy78tasguy78 Member Posts: 1
    @Michaell is the residual still 60% for 36 months at 12K/yr? With a MF of .00015 and a $1500 lease cash this looks like a great lease deal. Does the current lease rates expire on 2/1? I'm looking to lease a 2016 if that makes any difference.
  • kyfdxkyfdx Moderator Posts: 267,961
    tasguy78 said:

    @Michaell is the residual still 60% for 36 months at 12K/yr? With a MF of .00015 and a $1500 lease cash this looks like a great lease deal. Does the current lease rates expire on 2/1? I'm looking to lease a 2016 if that makes any difference.

    Model year makes a big difference.

    Let's continue the 2016 discussion, here:

    http://forums.edmunds.com/discussion/39185/lexus/ct-200h/2016-lexus-ct-200h-lease-questions?new=1

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