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2015 Lexus ES 350 Lease Questions

ClairesClaires Chicago areaPosts: 1,222
edited May 2015 in Lexus
Welcome to Edmunds discussion dedicated to 2015 Lexus ES 350 leasing questions. Here you can find and discuss all the latest lease details for the 2015 ES 350, including cap costs, money factors, residual values, acquisition fees, etc. Please post any leasing questions you have, or any details you’d like to share about your own lease deals.

You can also research local dealer inventory and pricing, reviews, features, and specifications on Edmunds 2015 Lexus ES 350 page.

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  • ziggy32ziggy32 Posts: 0
    edited May 2015
    What lease deals are available in FL for the 2015 Lexus ES350 with 12,000 miles and an MSRP OF $46,000? Need help ASAP. Thanks.
  • kyfdxkyfdx Posts: 171,083
    ziggy32 said:

    What lease deals are available in FL for the 2015 Lexus ES350 with 12,000 miles and an MSRP OF $46,000? Need help ASAP. Thanks.


    We haven't seen any 2015 ES350 lease information for this month.. Only 2014 models.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Any update?
  • MichaellMichaell ColoradoPosts: 165,452

    Any update?

    36/15 residual for 2015 ES350 is 59% this month.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:

    Any update?

    36/15 residual for 2015 ES350 is 59% this month.
    Is that the sweet spot? Why about 24 and 27 months? 15k = 59%, so 10k = 61%? Can you do MSDs on a Toyota?
  • kyfdxkyfdx Posts: 171,083

    Michaell said:

    Any update?

    36/15 residual for 2015 ES350 is 59% this month.
    Is that the sweet spot? Why about 24 and 27 months? 15k = 59%, so 10k = 61%? Can you do MSDs on a Toyota?

    Going from 15K/yr to 10K/yr is +3%.

    27mo, 15K/yr = 67%

    The terms are pretty comparable on all lengths.. Shorter term might be a little more attractive, if you are getting a big discount on the sale price. Otherwise, 36 months will be the best.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Can anyone tell me the 27 month MF and residual on a 2015 ES300h for 12K and 15K per year
  • kyfdxkyfdx Posts: 171,083

    Can anyone tell me the 27 month MF and residual on a 2015 ES300h for 12K and 15K per year


    .00105 MF and 69%/67% residual. $1000 lease cash and complimentary first payment.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • How much of a reduction in price can I expect on a 2015 ES300h with MSRP of $51K
  • MichaellMichaell ColoradoPosts: 165,452

    How much of a reduction in price can I expect on a 2015 ES300h with MSRP of $51K

    Don't know - use the pricing tools at the top of the page to help establish a target price

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • I need the MF and RV for a 2015 ES350 ULux, Nav, and Blind Spot for a 36/12 in GA. Thanks!
  • kyfdxkyfdx Posts: 171,083
    amastjr said:

    I need the MF and RV for a 2015 ES350 ULux, Nav, and Blind Spot for a 36/12 in GA. Thanks!


    .00105 MF and 61% residual. $1000 lease cash. Complimentary first payment.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hello Michaell,

    I just received a quote here in Austin, TX for the following:

    MSRP: $41330
    Dealer Discount: 1193.89
    Rebate: $1575
    They also took off $575 for advanced payment, upfront charges of $256 and total cap reduction of $744.
    They are also paying off our current Mercedes for $3k

    MF is .00105 (I see people talking about .00075 so need to know if this has changed for Dec?)
    Residual is $24,384.70 which is 59%.

    36 months at 15k miles.

    Payment is $575

    Let me know your thoughts and thanks in advance.
  • kyfdxkyfdx Posts: 171,083
    jblaze101 said:

    Hello Michaell,

    I just received a quote here in Austin, TX for the following:

    MSRP: $41330
    Dealer Discount: 1193.89
    Rebate: $1575
    They also took off $575 for advanced payment, upfront charges of $256 and total cap reduction of $744.
    They are also paying off our current Mercedes for $3k

    MF is .00105 (I see people talking about .00075 so need to know if this has changed for Dec?)
    Residual is $24,384.70 which is 59%.

    36 months at 15k miles.

    Payment is $575

    Let me know your thoughts and thanks in advance.


    Is it a 2014 or 2015?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdx said:

    jblaze101 said:

    Hello Michaell,

    I just received a quote here in Austin, TX for the following:

    MSRP: $41330
    Dealer Discount: 1193.89
    Rebate: $1575
    They also took off $575 for advanced payment, upfront charges of $256 and total cap reduction of $744.
    They are also paying off our current Mercedes for $3k

    MF is .00105 (I see people talking about .00075 so need to know if this has changed for Dec?)
    Residual is $24,384.70 which is 59%.

    36 months at 15k miles.

    Payment is $575

    Let me know your thoughts and thanks in advance.


    Is it a 2014 or 2015?
    It is a 2015.
  • kyfdxkyfdx Posts: 171,083
    jblaze101 said:

    kyfdx said:

    jblaze101 said:

    Hello Michaell,

    I just received a quote here in Austin, TX for the following:

    MSRP: $41330
    Dealer Discount: 1193.89
    Rebate: $1575
    They also took off $575 for advanced payment, upfront charges of $256 and total cap reduction of $744.
    They are also paying off our current Mercedes for $3k

    MF is .00105 (I see people talking about .00075 so need to know if this has changed for Dec?)
    Residual is $24,384.70 which is 59%.

    36 months at 15k miles.

    Payment is $575

    Let me know your thoughts and thanks in advance.


    Is it a 2014 or 2015?
    It is a 2015.

    The MF and residual are correct for the 2015 model.

    Less than 3% off MSRP isn't much of a discount. But, once you add the $3000 negative equity back into the deal, the payment is probably about right..

    Nothing outstanding about the current lease program. Are you getting out of your Mercedes lease early, or is that negative equity on a loan?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdx said:

    jblaze101 said:

    kyfdx said:

    jblaze101 said:

    Hello Michaell,

    I just received a quote here in Austin, TX for the following:

    MSRP: $41330
    Dealer Discount: 1193.89
    Rebate: $1575
    They also took off $575 for advanced payment, upfront charges of $256 and total cap reduction of $744.
    They are also paying off our current Mercedes for $3k

    MF is .00105 (I see people talking about .00075 so need to know if this has changed for Dec?)
    Residual is $24,384.70 which is 59%.

    36 months at 15k miles.

    Payment is $575

    Let me know your thoughts and thanks in advance.


    Is it a 2014 or 2015?
    It is a 2015.

    The MF and residual are correct for the 2015 model.

    Less than 3% off MSRP isn't much of a discount. But, once you add the $3000 negative equity back into the deal, the payment is probably about right..

    Nothing outstanding about the current lease program. Are you getting out of your Mercedes lease early, or is that negative equity on a loan?
    We are getting out of the Mercedes lease early. I am sure you would advise us to keep the Mercedes for the next 5 months and then pull the trigger on the Lexus?
  • MichaellMichaell ColoradoPosts: 165,452
    jblaze101 said:

    kyfdx said:

    jblaze101 said:

    kyfdx said:

    jblaze101 said:

    Hello Michaell,

    I just received a quote here in Austin, TX for the following:

    MSRP: $41330
    Dealer Discount: 1193.89
    Rebate: $1575
    They also took off $575 for advanced payment, upfront charges of $256 and total cap reduction of $744.
    They are also paying off our current Mercedes for $3k

    MF is .00105 (I see people talking about .00075 so need to know if this has changed for Dec?)
    Residual is $24,384.70 which is 59%.

    36 months at 15k miles.

    Payment is $575

    Let me know your thoughts and thanks in advance.


    Is it a 2014 or 2015?
    It is a 2015.

    The MF and residual are correct for the 2015 model.

    Less than 3% off MSRP isn't much of a discount. But, once you add the $3000 negative equity back into the deal, the payment is probably about right..

    Nothing outstanding about the current lease program. Are you getting out of your Mercedes lease early, or is that negative equity on a loan?
    We are getting out of the Mercedes lease early. I am sure you would advise us to keep the Mercedes for the next 5 months and then pull the trigger on the Lexus?
    Yep. I wouldn't think the numbers are going to change so much over the next few months that the lease will cost you an extra $3K as compared to now.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hello... I'd like to confirm the MF and Residuals for an ES350 in California.

    Looking for 36 months 12K miles and 36 months 15K miles.

    Also, is the $1,000 and first month lease payment still in effect?

    Thank you!
  • MichaellMichaell ColoradoPosts: 165,452
    thebigD45 said:

    Hello... I'd like to confirm the MF and Residuals for an ES350 in California.

    Looking for 36 months 12K miles and 36 months 15K miles.

    Also, is the $1,000 and first month lease payment still in effect?

    Thank you!

    .00105 MF and 59% for 36/15. Add 2% for 12K.

    Confirm $1000 lease cash and complimentary 1st payment.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:

    thebigD45 said:

    Hello... I'd like to confirm the MF and Residuals for an ES350 in California.

    Looking for 36 months 12K miles and 36 months 15K miles.

    Also, is the $1,000 and first month lease payment still in effect?

    Thank you!

    .00105 MF and 59% for 36/15. Add 2% for 12K.

    Confirm $1000 lease cash and complimentary 1st payment.
    Thank you!
  • Hi,

    What is the MF and residual for a base ES350 with 27/7.5k?

    Thanks!
  • kyfdxkyfdx Posts: 171,083

    Hi,

    What is the MF and residual for a base ES350 with 27/7.5k?

    Thanks!


    .00105 MF, $1000 lease cash, complimentary 1st payment. 71% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • I am getting offer for 2015 ES 350 (Luxury Package, Navi, BSD, Parking Sensor, HID, auto Trunk opening, power rear shadow and raining sessions wiper) with 15000 miles, 36 Months, $1500 down including first month lease for $487.00.  Is this good deal?

    Need advice ASAP.
  • MichaellMichaell ColoradoPosts: 165,452

    I am getting offer for 2015 ES 350 (Luxury Package, Navi, BSD, Parking Sensor, HID, auto Trunk opening, power rear shadow and raining sessions wiper) with 15000 miles, 36 Months, $1500 down including first month lease for $487.00.  Is this good deal?

    Need advice ASAP.

    What is the MSRP and selling price?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • MSRP is $44,344 and after discount and rebate selling price is $40,356.
  • They are including one free service at 30 k miles too. 
  • MichaellMichaell ColoradoPosts: 165,452

    MSRP is $44,344 and after discount and rebate selling price is $40,356.

    I'm getting $464.10/mo pre-tax, using the base MF of .00105 and 59% for 36/15 residual.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Thanks for the info. $487 is after tax. I will find out MF Reaidual and get back to you. 
  • MF is.00125 and 59%
  • MichaellMichaell ColoradoPosts: 165,452

    MF is.00125 and 59%

    Base MF is .00105, so the dealer inflated that on you a little bit.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Thanks. I bought the car and included all the maintenance till 45k miles. 
  • jlcfanjlcfan Posts: 11
    Dear Mod,

    Can I have MF and RV for January 2015 on ES350? 24 months 15k per year AND 36 months 15k per year.
    Plus any lease incentive available?

    Also, are the numbers the same for ES300H? Thanks a lot!
  • MichaellMichaell ColoradoPosts: 165,452
    jlcfan said:

    Dear Mod,

    Can I have MF and RV for January 2015 on ES350? 24 months 15k per year AND 36 months 15k per year.
    Plus any lease incentive available?

    Also, are the numbers the same for ES300H? Thanks a lot!

    24/15 - 67%

    36/15 - 59%

    .00090 and $1000 lease cash.

    Numbers valid for both ES350 and ES300h

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Does anyone know the new MF and residuals (10k), and lease cash for Feb? Did it change from Jan?
  • MichaellMichaell ColoradoPosts: 165,452

    Does anyone know the new MF and residuals (10k), and lease cash for Feb? Did it change from Jan?

    The Lexus residuals are good until 3/31/15; the MF through today (2/2/15). We won't have the February MF until later this week.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hello- Is the MF for February out yet for the 2015 ES350? Is the RV still 62% for 10k? Any news if the $1000 lease cash and 1st month pmt is still on the table? Thanks for the help.
  • MichaellMichaell ColoradoPosts: 165,452
    ctgolfer said:

    Hello- Is the MF for February out yet for the 2015 ES350? Is the RV still 62% for 10k? Any news if the $1000 lease cash and 1st month pmt is still on the table? Thanks for the help.

    36/10 residual is still 62%.

    .00090 is the base MF and the $1000 lease cash is still available. I don't see any information about the first payment being waived.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • I am looking to help a friend lease a Lexus GS. Neither of us has done a lease before (quite a bit of buying but never leasing) and the Edmunds forums have been helpful in the past. If she wants a GS 350, Luxury with 12k a year. What is she looking at? She really doesn't want to put much down and as with all leases, she wants to keep the payment low. She is in California if that helps.
    Does anyone know the credit score requirements? She is nervous about a small glitch on her credit from several years ago.
  • MichaellMichaell ColoradoPosts: 165,452

    I am looking to help a friend lease a Lexus GS. Neither of us has done a lease before (quite a bit of buying but never leasing) and the Edmunds forums have been helpful in the past. If she wants a GS 350, Luxury with 12k a year. What is she looking at? She really doesn't want to put much down and as with all leases, she wants to keep the payment low. She is in California if that helps.
    Does anyone know the credit score requirements? She is nervous about a small glitch on her credit from several years ago.

    36/12 numbers for the GS350 are 64% and .00090. 720+ to qualify for the top tier MF that I've quoted.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hello,

    Can I get the residual and money factor for a 2015 ES350? 36 months and 15,000 miles in Pennsylvania? Any incentives on this model?

    Thanks!
  • MichaellMichaell ColoradoPosts: 165,452
    bananaero said:

    Hello,

    Can I get the residual and money factor for a 2015 ES350? 36 months and 15,000 miles in Pennsylvania? Any incentives on this model?

    Thanks!

    59% and .00090. $1000 lease cash.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:

    bananaero said:

    Hello,

    Can I get the residual and money factor for a 2015 ES350? 36 months and 15,000 miles in Pennsylvania? Any incentives on this model?

    Thanks!

    59% and .00090. $1000 lease cash.
    Thank you. Is the lease cash applied to the price of the car or the cap cost down?

  • MichaellMichaell ColoradoPosts: 165,452
    bananaero said:

    Michaell said:

    bananaero said:

    Hello,

    Can I get the residual and money factor for a 2015 ES350? 36 months and 15,000 miles in Pennsylvania? Any incentives on this model?

    Thanks!

    59% and .00090. $1000 lease cash.
    Thank you. Is the lease cash applied to the price of the car or the cap cost down?

    The lease cash can be applied to the selling price like a rebate or it can be used to help offset some of the up front costs of a lease.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hello,

    I'm getting the following offer for a 2015 ES350 on a 36/12k lease:

    MSRP $41,585
    Selling price $38,164.00
    Bank fee $700.00
    Money factor .00199
    Residual value % 61% = $24,415.04
    doc fee $115.00
    registration fee $131.00 Title, License, Inspection. $2,291.50 Tax and Vehicle Inventory Tax
    rebate $1,500.00

    Is this good? The MF seems way too high compared to the .0009 rate posted before? What is the current base MF? Also this is in Texas.
  • MichaellMichaell ColoradoPosts: 165,452

    Hello,

    I'm getting the following offer for a 2015 ES350 on a 36/12k lease:

    MSRP $41,585
    Selling price $38,164.00
    Bank fee $700.00
    Money factor .00199
    Residual value % 61% = $24,415.04
    doc fee $115.00
    registration fee $131.00 Title, License, Inspection. $2,291.50 Tax and Vehicle Inventory Tax
    rebate $1,500.00

    Is this good? The MF seems way too high compared to the .0009 rate posted before? What is the current base MF? Also this is in Texas.

    .00090 is the base MF from Lexus for tier 1+; confirm that your dealer is not using a different bank.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • imalazymanimalazyman Posts: 4
    edited February 2015
    Michaell said:

    Hello,

    I'm getting the following offer for a 2015 ES350 on a 36/12k lease:

    MSRP $41,585
    Selling price $38,164.00
    Bank fee $700.00
    Money factor .00199
    Residual value % 61% = $24,415.04
    doc fee $115.00
    registration fee $131.00 Title, License, Inspection. $2,291.50 Tax and Vehicle Inventory Tax
    rebate $1,500.00

    Is this good? The MF seems way too high compared to the .0009 rate posted before? What is the current base MF? Also this is in Texas.

    .00090 is the base MF from Lexus for tier 1+; confirm that your dealer is not using a different bank.
    Thanks but what's tier 1+? Sorry I'm a noob here...
    Edit: never mind...I see it's about the credit rating.
  • MichaellMichaell ColoradoPosts: 165,452

    Michaell said:

    Hello,

    I'm getting the following offer for a 2015 ES350 on a 36/12k lease:

    MSRP $41,585
    Selling price $38,164.00
    Bank fee $700.00
    Money factor .00199
    Residual value % 61% = $24,415.04
    doc fee $115.00
    registration fee $131.00 Title, License, Inspection. $2,291.50 Tax and Vehicle Inventory Tax
    rebate $1,500.00

    Is this good? The MF seems way too high compared to the .0009 rate posted before? What is the current base MF? Also this is in Texas.

    .00090 is the base MF from Lexus for tier 1+; confirm that your dealer is not using a different bank.
    Thanks but what's tier 1+? Sorry I'm a noob here...
    Tier 1+ credit ... FICO score of 720 or higher. If you have a lower score, the MF goes up.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Two more questions:
    1) It seems I can put down as many as 10 security deposits to reduce the MF. If each deposit reduces MF by 0.00007, after 10 deposits it would be just 0.00020? Is that even possible?

    2) I sometimes see people use a one-payment lease to lower their MF. How is the MF calculated in this case?

    Thanks!
  • MichaellMichaell ColoradoPosts: 165,452

    Two more questions:
    1) It seems I can put down as many as 10 security deposits to reduce the MF. If each deposit reduces MF by 0.00007, after 10 deposits it would be just 0.00020? Is that even possible?

    2) I sometimes see people use a one-payment lease to lower their MF. How is the MF calculated in this case?

    Thanks!

    1. Yes, that's possible, though I'm not 100% certain what the max number of MSDs are and how much each reduces the MF by
    2. MF is discounted in a one-pay situation; the lease payment is calculated as per normal, then the sum of the lease payments becomes the one-pay amount.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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