2015 Lexus ES 350 Lease Questions

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Comments

  • 1pro11pro1 Member Posts: 2
    Would appreciate the new May 2015 program figures for 2015 Lexus ES 350 in Nevada. Looking for MF, Res. Value and incentives for 7500 / 10000 / 12000 annual miles. Tier 1 credit. Thank you
  • kyfdxkyfdx Moderator Posts: 267,202
    1pro1 said:

    Would appreciate the new May 2015 program figures for 2015 Lexus ES 350 in Nevada. Looking for MF, Res. Value and incentives for 7500 / 10000 / 12000 annual miles. Tier 1 credit. Thank you

    .00055-.00070 MF (region-dependent), and 60% residual for 36mo, 12K/yr. Add 1% for each step down in mileage allowance.

    $1500 lease cash

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  • nixsunnixsun Member Posts: 2
    edited May 2015
    Could I have the numbers for FL 2015 ES350 with the May specials. The dealer is advertising a $275/mo 7500mile 24 month lease with $1995 due at signing. i woild like to bump the mileage up to 10k/year and possibly a 32-36 month lease.
  • kyfdxkyfdx Moderator Posts: 267,202
    nixsun said:

    Could I have the numbers for FL 2015 ES350 with the May specials. The dealer is advertising a $275/mo 7500mile 24 month lease with $1995 due at signing. i woild like to bump the mileage up to 10k/year and possibly a 32-36 month lease.

    .00055 MF and 69% residual for 24mo, 10K/yr. 65% residual for 30mo, 10K/yr. 61% for 36mo, 10K/yr
    $1500 lease cash.

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  • nixsunnixsun Member Posts: 2
    kyfdx said:

    nixsun said:

    Could I have the numbers for FL 2015 ES350 with the May specials. The dealer is advertising a $275/mo 7500mile 24 month lease with $1995 due at signing. i woild like to bump the mileage up to 10k/year and possibly a 32-36 month lease.

    .00055 MF and 69% residual for 24mo, 10K/yr. 65% residual for 30mo, 10K/yr. 61% for 36mo, 10K/yr
    $1500 lease cash.
    Thank you!
  • manu99manu99 Member Posts: 39
    Can I get the numbers for 36 months, 12K miles, in California

    Thank you
  • kyfdxkyfdx Moderator Posts: 267,202
    manu99 said:

    Can I get the numbers for 36 months, 12K miles, in California

    Thank you

    .00070 MF and 60% residual. $1500 lease cash

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  • slacker101slacker101 Member Posts: 28
    Little help needed please. Looking at 2015 ES350. Been quoted the following...
    MSRP: $44,415.00
    Discount: $3,399.00
    Rebate: 1,500.00

    total: 39,516.00

    Residual value: 36 mos is $26629 and for 24 mos is $30202
    No money down, no security, no first month.

    They're quoting $483.00 tax included (at 12K miles/year)

    Is there any wiggle room, here? Feel there may be a few dollars on the table.

    Options include:
    BLIND SPOT MONITOR W/REAR CROSS TRAFFIC ALERT
    WHEELS: 17" X 7JJ SPLIT 10-SPOKE ALUMINUM ALLOY
    HIGH INTENSITY DISCHARGE (HID) HEADLAMPS
    POWER REAR SUNSHADE
    LUXURY PACKAGE
    HARD DISK DRIVE NAVIGATION SYSTEM W/BACKUP
    INTUITIVE PARKING ASSIST
    RAIN SENSING WIPERS W/DEICER
    3 SPOKE LEATHER & WOOD STEERING WHEEL
    PREFERRED ACCESSORY PACKAGE
  • kyfdxkyfdx Moderator Posts: 267,202

    Little help needed please. Looking at 2015 ES350. Been quoted the following...
    MSRP: $44,415.00
    Discount: $3,399.00
    Rebate: 1,500.00

    total: 39,516.00

    Residual value: 36 mos is $26629 and for 24 mos is $30202
    No money down, no security, no first month.

    They're quoting $483.00 tax included (at 12K miles/year)

    Is there any wiggle room, here? Feel there may be a few dollars on the table.

    Options include:
    BLIND SPOT MONITOR W/REAR CROSS TRAFFIC ALERT
    WHEELS: 17" X 7JJ SPLIT 10-SPOKE ALUMINUM ALLOY
    HIGH INTENSITY DISCHARGE (HID) HEADLAMPS
    POWER REAR SUNSHADE
    LUXURY PACKAGE
    HARD DISK DRIVE NAVIGATION SYSTEM W/BACKUP
    INTUITIVE PARKING ASSIST
    RAIN SENSING WIPERS W/DEICER
    3 SPOKE LEATHER & WOOD STEERING WHEEL
    PREFERRED ACCESSORY PACKAGE

    .00070 MF and 60% residual for 36mo, 12K/yr.

    If I just use your MSRP and price, I get $403/mo.

    You really need to know the CAP cost and what's in it, besides the selling price.
    1st payment, acquisition fee, tax, title/license?

    The difference between $403/mo. and $483/mo. is over $2800. For where you live and your tax rate, that might be normal. Or, it might be grossly inflated.

    Edmunds Price Checker
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  • slacker101slacker101 Member Posts: 28
    kyfdx said:

    Little help needed please. Looking at 2015 ES350. Been quoted the following...
    MSRP: $44,415.00
    Discount: $3,399.00
    Rebate: 1,500.00

    total: 39,516.00

    Residual value: 36 mos is $26629 and for 24 mos is $30202
    No money down, no security, no first month.

    They're quoting $483.00 tax included (at 12K miles/year)

    Is there any wiggle room, here? Feel there may be a few dollars on the table.

    Options include:
    BLIND SPOT MONITOR W/REAR CROSS TRAFFIC ALERT
    WHEELS: 17" X 7JJ SPLIT 10-SPOKE ALUMINUM ALLOY
    HIGH INTENSITY DISCHARGE (HID) HEADLAMPS
    POWER REAR SUNSHADE
    LUXURY PACKAGE
    HARD DISK DRIVE NAVIGATION SYSTEM W/BACKUP
    INTUITIVE PARKING ASSIST
    RAIN SENSING WIPERS W/DEICER
    3 SPOKE LEATHER & WOOD STEERING WHEEL
    PREFERRED ACCESSORY PACKAGE

    .00070 MF and 60% residual for 36mo, 12K/yr.

    If I just use your MSRP and price, I get $403/mo.

    You really need to know the CAP cost and what's in it, besides the selling price.
    1st payment, acquisition fee, tax, title/license?

    The difference between $403/mo. and $483/mo. is over $2800. For where you live and your tax rate, that might be normal. Or, it might be grossly inflated.
    Thanks for your quick response. I'm getting the itemized $$ list. The state is South Carolina.
  • kyfdxkyfdx Moderator Posts: 267,202

    kyfdx said:

    Little help needed please. Looking at 2015 ES350. Been quoted the following...
    MSRP: $44,415.00
    Discount: $3,399.00
    Rebate: 1,500.00

    total: 39,516.00

    Residual value: 36 mos is $26629 and for 24 mos is $30202
    No money down, no security, no first month.

    They're quoting $483.00 tax included (at 12K miles/year)

    Is there any wiggle room, here? Feel there may be a few dollars on the table.

    Options include:
    BLIND SPOT MONITOR W/REAR CROSS TRAFFIC ALERT
    WHEELS: 17" X 7JJ SPLIT 10-SPOKE ALUMINUM ALLOY
    HIGH INTENSITY DISCHARGE (HID) HEADLAMPS
    POWER REAR SUNSHADE
    LUXURY PACKAGE
    HARD DISK DRIVE NAVIGATION SYSTEM W/BACKUP
    INTUITIVE PARKING ASSIST
    RAIN SENSING WIPERS W/DEICER
    3 SPOKE LEATHER & WOOD STEERING WHEEL
    PREFERRED ACCESSORY PACKAGE

    .00070 MF and 60% residual for 36mo, 12K/yr.

    If I just use your MSRP and price, I get $403/mo.

    You really need to know the CAP cost and what's in it, besides the selling price.
    1st payment, acquisition fee, tax, title/license?

    The difference between $403/mo. and $483/mo. is over $2800. For where you live and your tax rate, that might be normal. Or, it might be grossly inflated.
    Thanks for your quick response. I'm getting the itemized $$ list. The state is South Carolina.
    It's definitely not tax, then... Isn't sales tax in SC a flat $300?

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  • slacker101slacker101 Member Posts: 28
    kyfdx said:

    kyfdx said:

    Little help needed please. Looking at 2015 ES350. Been quoted the following...
    MSRP: $44,415.00
    Discount: $3,399.00
    Rebate: 1,500.00

    total: 39,516.00

    Residual value: 36 mos is $26629 and for 24 mos is $30202
    No money down, no security, no first month.

    They're quoting $483.00 tax included (at 12K miles/year)

    Is there any wiggle room, here? Feel there may be a few dollars on the table.

    Options include:
    BLIND SPOT MONITOR W/REAR CROSS TRAFFIC ALERT
    WHEELS: 17" X 7JJ SPLIT 10-SPOKE ALUMINUM ALLOY
    HIGH INTENSITY DISCHARGE (HID) HEADLAMPS
    POWER REAR SUNSHADE
    LUXURY PACKAGE
    HARD DISK DRIVE NAVIGATION SYSTEM W/BACKUP
    INTUITIVE PARKING ASSIST
    RAIN SENSING WIPERS W/DEICER
    3 SPOKE LEATHER & WOOD STEERING WHEEL
    PREFERRED ACCESSORY PACKAGE

    .00070 MF and 60% residual for 36mo, 12K/yr.

    If I just use your MSRP and price, I get $403/mo.

    You really need to know the CAP cost and what's in it, besides the selling price.
    1st payment, acquisition fee, tax, title/license?

    The difference between $403/mo. and $483/mo. is over $2800. For where you live and your tax rate, that might be normal. Or, it might be grossly inflated.
    Thanks for your quick response. I'm getting the itemized $$ list. The state is South Carolina.
    It's definitely not tax, then... Isn't sales tax in SC a flat $300?
    Yes, it's 5% I believe. They're stating that the money factor is regionalized at .00105. Is that BS? Are they currently regionalized? Cap cost is $41016. I did see a $925 delivery and processing fee.

    To take further, I was additionally quoted $52,780 with cap cost at $45470 for a 2015 GS with a MF at .0070 and an RX quote at $49,989 with cap cost at $44,989 with a .00145 with a MF at .00145. $925 process/delivery fee across all.

    All 12K for three years.
  • MichaellMichaell Moderator Posts: 263,422

    kyfdx said:

    kyfdx said:

    Little help needed please. Looking at 2015 ES350. Been quoted the following...
    MSRP: $44,415.00
    Discount: $3,399.00
    Rebate: 1,500.00

    total: 39,516.00

    Residual value: 36 mos is $26629 and for 24 mos is $30202
    No money down, no security, no first month.

    They're quoting $483.00 tax included (at 12K miles/year)

    Is there any wiggle room, here? Feel there may be a few dollars on the table.

    Options include:
    BLIND SPOT MONITOR W/REAR CROSS TRAFFIC ALERT
    WHEELS: 17" X 7JJ SPLIT 10-SPOKE ALUMINUM ALLOY
    HIGH INTENSITY DISCHARGE (HID) HEADLAMPS
    POWER REAR SUNSHADE
    LUXURY PACKAGE
    HARD DISK DRIVE NAVIGATION SYSTEM W/BACKUP
    INTUITIVE PARKING ASSIST
    RAIN SENSING WIPERS W/DEICER
    3 SPOKE LEATHER & WOOD STEERING WHEEL
    PREFERRED ACCESSORY PACKAGE

    .00070 MF and 60% residual for 36mo, 12K/yr.

    If I just use your MSRP and price, I get $403/mo.

    You really need to know the CAP cost and what's in it, besides the selling price.
    1st payment, acquisition fee, tax, title/license?

    The difference between $403/mo. and $483/mo. is over $2800. For where you live and your tax rate, that might be normal. Or, it might be grossly inflated.
    Thanks for your quick response. I'm getting the itemized $$ list. The state is South Carolina.
    It's definitely not tax, then... Isn't sales tax in SC a flat $300?
    Yes, it's 5% I believe. They're stating that the money factor is regionalized at .00105. Is that BS? Are they currently regionalized? Cap cost is $41016. I did see a $925 delivery and processing fee.

    To take further, I was additionally quoted $52,780 with cap cost at $45470 for a 2015 GS with a MF at .0070 and an RX quote at $49,989 with cap cost at $44,989 with a .00145 with a MF at .00145. $925 process/delivery fee across all.

    All 12K for three years.
    .00055 is the base MF for the ES350, so your dealer is marking it up for extra profit. RX is .00090 and the GS is .00075 - all of these are for the Southern area. Yes, Lexus numbers are regional.

    Check with another dealer and see what they tell you. The competition will help you get the best deal.

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


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  • slacker101slacker101 Member Posts: 28
    Michaell said:

    kyfdx said:

    kyfdx said:

    Little help needed please. Looking at 2015 ES350. Been quoted the following...
    MSRP: $44,415.00
    Discount: $3,399.00
    Rebate: 1,500.00

    total: 39,516.00

    Residual value: 36 mos is $26629 and for 24 mos is $30202
    No money down, no security, no first month.

    They're quoting $483.00 tax included (at 12K miles/year)

    Is there any wiggle room, here? Feel there may be a few dollars on the table.

    Options include:
    BLIND SPOT MONITOR W/REAR CROSS TRAFFIC ALERT
    WHEELS: 17" X 7JJ SPLIT 10-SPOKE ALUMINUM ALLOY
    HIGH INTENSITY DISCHARGE (HID) HEADLAMPS
    POWER REAR SUNSHADE
    LUXURY PACKAGE
    HARD DISK DRIVE NAVIGATION SYSTEM W/BACKUP
    INTUITIVE PARKING ASSIST
    RAIN SENSING WIPERS W/DEICER
    3 SPOKE LEATHER & WOOD STEERING WHEEL
    PREFERRED ACCESSORY PACKAGE

    .00070 MF and 60% residual for 36mo, 12K/yr.

    If I just use your MSRP and price, I get $403/mo.

    You really need to know the CAP cost and what's in it, besides the selling price.
    1st payment, acquisition fee, tax, title/license?

    The difference between $403/mo. and $483/mo. is over $2800. For where you live and your tax rate, that might be normal. Or, it might be grossly inflated.
    Thanks for your quick response. I'm getting the itemized $$ list. The state is South Carolina.
    It's definitely not tax, then... Isn't sales tax in SC a flat $300?
    Yes, it's 5% I believe. They're stating that the money factor is regionalized at .00105. Is that BS? Are they currently regionalized? Cap cost is $41016. I did see a $925 delivery and processing fee.

    To take further, I was additionally quoted $52,780 with cap cost at $45470 for a 2015 GS with a MF at .0070 and an RX quote at $49,989 with cap cost at $44,989 with a .00145 with a MF at .00145. $925 process/delivery fee across all.

    All 12K for three years.
    .00055 is the base MF for the ES350, so your dealer is marking it up for extra profit. RX is .00090 and the GS is .00075 - all of these are for the Southern area. Yes, Lexus numbers are regional.

    Check with another dealer and see what they tell you. The competition will help you get the best deal.
    Thanks, will do...I really appreciate. Dealer is now saying the above MF numbers are based on purchase, not lease rates. Is that possible?
  • kyfdxkyfdx Moderator Posts: 267,202

    Michaell said:

    kyfdx said:

    kyfdx said:

    Little help needed please. Looking at 2015 ES350. Been quoted the following...
    MSRP: $44,415.00
    Discount: $3,399.00
    Rebate: 1,500.00

    total: 39,516.00

    Residual value: 36 mos is $26629 and for 24 mos is $30202
    No money down, no security, no first month.

    They're quoting $483.00 tax included (at 12K miles/year)

    Is there any wiggle room, here? Feel there may be a few dollars on the table.

    Options include:
    BLIND SPOT MONITOR W/REAR CROSS TRAFFIC ALERT
    WHEELS: 17" X 7JJ SPLIT 10-SPOKE ALUMINUM ALLOY
    HIGH INTENSITY DISCHARGE (HID) HEADLAMPS
    POWER REAR SUNSHADE
    LUXURY PACKAGE
    HARD DISK DRIVE NAVIGATION SYSTEM W/BACKUP
    INTUITIVE PARKING ASSIST
    RAIN SENSING WIPERS W/DEICER
    3 SPOKE LEATHER & WOOD STEERING WHEEL
    PREFERRED ACCESSORY PACKAGE

    .00070 MF and 60% residual for 36mo, 12K/yr.

    If I just use your MSRP and price, I get $403/mo.

    You really need to know the CAP cost and what's in it, besides the selling price.
    1st payment, acquisition fee, tax, title/license?

    The difference between $403/mo. and $483/mo. is over $2800. For where you live and your tax rate, that might be normal. Or, it might be grossly inflated.
    Thanks for your quick response. I'm getting the itemized $$ list. The state is South Carolina.
    It's definitely not tax, then... Isn't sales tax in SC a flat $300?
    Yes, it's 5% I believe. They're stating that the money factor is regionalized at .00105. Is that BS? Are they currently regionalized? Cap cost is $41016. I did see a $925 delivery and processing fee.

    To take further, I was additionally quoted $52,780 with cap cost at $45470 for a 2015 GS with a MF at .0070 and an RX quote at $49,989 with cap cost at $44,989 with a .00145 with a MF at .00145. $925 process/delivery fee across all.

    All 12K for three years.
    .00055 is the base MF for the ES350, so your dealer is marking it up for extra profit. RX is .00090 and the GS is .00075 - all of these are for the Southern area. Yes, Lexus numbers are regional.

    Check with another dealer and see what they tell you. The competition will help you get the best deal.
    Thanks, will do...I really appreciate. Dealer is now saying the above MF numbers are based on purchase, not lease rates. Is that possible?
    Money factors are for leases... there is no such thing as a money factor for a purchase.

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

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  • slacker101slacker101 Member Posts: 28
    kyfdx said:

    Michaell said:

    kyfdx said:

    kyfdx said:

    Little help needed please. Looking at 2015 ES350. Been quoted the following...
    MSRP: $44,415.00
    Discount: $3,399.00
    Rebate: 1,500.00

    total: 39,516.00

    Residual value: 36 mos is $26629 and for 24 mos is $30202
    No money down, no security, no first month.

    They're quoting $483.00 tax included (at 12K miles/year)

    Is there any wiggle room, here? Feel there may be a few dollars on the table.

    Options include:
    BLIND SPOT MONITOR W/REAR CROSS TRAFFIC ALERT
    WHEELS: 17" X 7JJ SPLIT 10-SPOKE ALUMINUM ALLOY
    HIGH INTENSITY DISCHARGE (HID) HEADLAMPS
    POWER REAR SUNSHADE
    LUXURY PACKAGE
    HARD DISK DRIVE NAVIGATION SYSTEM W/BACKUP
    INTUITIVE PARKING ASSIST
    RAIN SENSING WIPERS W/DEICER
    3 SPOKE LEATHER & WOOD STEERING WHEEL
    PREFERRED ACCESSORY PACKAGE

    .00070 MF and 60% residual for 36mo, 12K/yr.

    If I just use your MSRP and price, I get $403/mo.

    You really need to know the CAP cost and what's in it, besides the selling price.
    1st payment, acquisition fee, tax, title/license?

    The difference between $403/mo. and $483/mo. is over $2800. For where you live and your tax rate, that might be normal. Or, it might be grossly inflated.
    Thanks for your quick response. I'm getting the itemized $$ list. The state is South Carolina.
    It's definitely not tax, then... Isn't sales tax in SC a flat $300?
    Yes, it's 5% I believe. They're stating that the money factor is regionalized at .00105. Is that BS? Are they currently regionalized? Cap cost is $41016. I did see a $925 delivery and processing fee.

    To take further, I was additionally quoted $52,780 with cap cost at $45470 for a 2015 GS with a MF at .0070 and an RX quote at $49,989 with cap cost at $44,989 with a .00145 with a MF at .00145. $925 process/delivery fee across all.

    All 12K for three years.
    .00055 is the base MF for the ES350, so your dealer is marking it up for extra profit. RX is .00090 and the GS is .00075 - all of these are for the Southern area. Yes, Lexus numbers are regional.

    Check with another dealer and see what they tell you. The competition will help you get the best deal.
    Thanks, will do...I really appreciate. Dealer is now saying the above MF numbers are based on purchase, not lease rates. Is that possible?
    Money factors are for leases... there is no such thing as a money factor for a purchase.
    Figured...I think what they are trying to say the interest rate does not equate to MF, which is BS.
  • slacker101slacker101 Member Posts: 28
    Thanks again! Really helpful. Assuming dealer comes back to me with the ES350 MF at .00555, what would be the appropriate number to agree upon, My math says 400. is that correct?
  • MichaellMichaell Moderator Posts: 263,422

    Thanks again! Really helpful. Assuming dealer comes back to me with the ES350 MF at .00555, what would be the appropriate number to agree upon, My math says 400. is that correct?

    Reading back through previous responses, your payment depends on the final cap cost and what's been added to it. If you pay all fees up front, then it looks like $403/mo is your target.

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  • lubes73lubes73 Member Posts: 2
    Can anyone provide the June MF for Illinois for an ES350/36 months/10k per year? Assuming residual is 61% based on other posts in this thread, but please let me know if that's not a good assumption. Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 267,202
    lubes73 said:

    Can anyone provide the June MF for Illinois for an ES350/36 months/10k per year? Assuming residual is 61% based on other posts in this thread, but please let me know if that's not a good assumption. Thanks in advance!

    .00070 MF and 61% residual. $1500 lease cash

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  • dr42ixdr42ix Member Posts: 23
    Looking for June Virginia MF and Residual for 24 or 36 months on ES350. Tier 1 credit. Thanks for the help!
  • MichaellMichaell Moderator Posts: 263,422
    dr42ix said:
    Looking for June Virginia MF and Residual for 24 or 36 months on ES350. Tier 1 credit. Thanks for the help!
    66% for 24/15 and 58% for 36/15. .00070 MF

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  • jisjis Member Posts: 4
    Looking for July MF for ES350 in Florida, please. Residual for 10K / 36 months is 61%? Thanks.
  • MichaellMichaell Moderator Posts: 263,422
    jis said:

    Looking for July MF for ES350 in Florida, please. Residual for 10K / 36 months is 61%? Thanks.

    36/10 - 61% and .00070. $1500 lease cash.

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  • jisjis Member Posts: 4
    Michaell said:

    jis said:

    Looking for July MF for ES350 in Florida, please. Residual for 10K / 36 months is 61%? Thanks.

    36/10 - 61% and .00070. $1500 lease cash.
    Thank you very much!!
  • bgood858bgood858 Member Posts: 22
    Can you please tell me July MF for ES350 in Southern California. Residual for 12k/36 months. Thank you.
  • MichaellMichaell Moderator Posts: 263,422
    bgood858 said:
    Can you please tell me July MF for ES350 in Southern California. Residual for 12k/36 months. Thank you.
    60% and .00070. $1500 lease cash. 

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  • bgood858bgood858 Member Posts: 22
    Thank you!!
  • leasing_carleasing_car Member Posts: 1
    Hi. I got an offer to lease an ES350 - wondering if it is a good deal. I am in So. California.

    10k/36months, MSRP 41,300. 5k due at signing, and 300/mo before taxes.

    If its not a great deal, what should I aim for?

    Thanks!
  • MichaellMichaell Moderator Posts: 263,422

    Hi. I got an offer to lease an ES350 - wondering if it is a good deal. I am in So. California.

    10k/36months, MSRP 41,300. 5k due at signing, and 300/mo before taxes.

    If its not a great deal, what should I aim for?

    Thanks!

    What is the selling price? We don't recommend making a down payment on a lease - if the car is stolen or totaled, you lose that money.

    Use the pricing tools at the top of the page - make / model / year - to help establish a target selling price.

    36/10 numbers on the ES350 are .00070, $1500 lease cash and first payment waived. 61% residual.

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


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  • manu99manu99 Member Posts: 39
    Reached a deal on a 2015 es 350 Van Nuys Ca yesterday.

    Price $44,038
    Purchase Price - $37,526
    RV - $26,422
    MF .00070
    Res 60%
    Due at signing - $2885 ($1885 non cash credit and rebate)($1000 down includes 1st pymnt title, reg, fees)

    36 month/12k - $384.99

    Your Thoughts?
  • kyfdxkyfdx Moderator Posts: 267,202
    manu99 said:

    Reached a deal on a 2015 es 350 Van Nuys Ca yesterday.

    Price $44,038
    Purchase Price - $37,526
    RV - $26,422
    MF .00070
    Res 60%
    Due at signing - $2885 ($1885 non cash credit and rebate)($1000 down includes 1st pymnt title, reg, fees)

    36 month/12k - $384.99

    Your Thoughts?

    $1000 upfront and $385/mo.? Looks great

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  • syz2015syz2015 Member Posts: 4
    Hi. I got an offer to lease an 2015 ES300 - wondering if it is a good deal. I am in
    new jersey
    Sales Price: $43000
    18k/36months, MSRP 47633. $2500 due at signing, and 450/mo with taxes.

    please help thank.
  • MichaellMichaell Moderator Posts: 263,422
    syz2015 said:
    Hi. I got an offer to lease an 2015 ES300 - wondering if it is a good deal. I am in new jersey Sales Price: $43000 18k/36months, MSRP 47633. $2500 due at signing, and 450/mo with taxes. please help thank.
    What is the breakdown of the $2500? Seems an ok deal given the number of miles you are looking for. 

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  • syz2015syz2015 Member Posts: 4
    Thank for reply
    $2500 breakdown is first month payment $450 NJ tax bank and motor vehicle fee.
    they give me a 18000 mile per year.

    thank
  • seito1221seito1221 Member Posts: 6
    Hello moderator,
    What is the MF and RV for a crafted line and base with luxury package? 36 months and 15k/year. Thank you.
  • MichaellMichaell Moderator Posts: 263,422
    seito1221 said:

    Hello moderator,
    What is the MF and RV for a crafted line and base with luxury package? 36 months and 15k/year. Thank you.

    57% and .00025. $1500 lease cash. Complimentary first payment.

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  • 1465214652 Member Posts: 3

    Kindly advise re: my lease offer on '15 Lexus ES 350 Ultra Luxury Pkg. in NY.

    Term - 36 mos
    Miles - 12,000
    $Factor - .00055
    MSRP - $48,179
    Residual - $28,426
    Total Cap Reduction - $1500
    Adjusted Cap Cost - $41,573
    Rebate - $1500
    Total Monthly - $404 x 35 mos.
    Amt Due at Start - $2300

    Really appreciate your help.
  • kyfdxkyfdx Moderator Posts: 267,202
    14652 said:


    Kindly advise re: my lease offer on '15 Lexus ES 350 Ultra Luxury Pkg. in NY.

    Term - 36 mos
    Miles - 12,000
    $Factor - .00055
    MSRP - $48,179
    Residual - $28,426
    Total Cap Reduction - $1500
    Adjusted Cap Cost - $41,573
    Rebate - $1500
    Total Monthly - $404 x 35 mos.
    Amt Due at Start - $2300

    Really appreciate your help.

    I get $409/mo. with those numbers... looks pretty good.

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  • 1465214652 Member Posts: 3
    Thx so much. But should I press the envelope and look to reduce the MSRP further to 8 or 8+ %? Michelins are not part of the deal should I also look to have them installed?
  • truman_rtruman_r Member Posts: 28
    14652 said:

    Thx so much. But should I press the envelope and look to reduce the MSRP further to 8 or 8+ %? Michelins are not part of the deal should I also look to have them installed?

    Hey 14652, I am trying to run this through the Leasify iPhone app but was wondering if you could tell me what other options there are other than the Ultra Luxury Package?

    Also, do you see the acquisition and/or documentation fee called out on your quote?
  • 1465214652 Member Posts: 3
    Sure: 18"wheels w/ liquid graphite; blind spot monitor; HID headlamps; ambient lighting; wood/leather heated steering wheel; trunk mat, cargo net wheel locks & rear bumper app; rain sensing wipers; one-touch power trunk; Navigation/Mark Levinson audio.
    No acquisition fee provided per se but Registration & Other Fees total $1062; btw Rebate is $1500.

    Thx again for you help.
  • rob625rob625 Member Posts: 19
    For the NY/long island region what is the MF for the 2015 ES350. the posted RV is 61% for 10k/yr mi.
  • rob625rob625 Member Posts: 19
    Also is the $1500 plus the first month lease payment the incentive?
  • rob625rob625 Member Posts: 19
    all for 36/mo
  • MichaellMichaell Moderator Posts: 263,422
    rob625 said:
    For the NY/long island region what is the MF for the 2015 ES350. the posted RV is 61% for 10k/yr mi.
    .00055 and 60% for 36/10

    rob625 said:
    Also is the $1500 plus the first month lease payment the incentive?
    Yes

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  • truman_rtruman_r Member Posts: 28
    14652 said:

    Sure: 18"wheels w/ liquid graphite; blind spot monitor; HID headlamps; ambient lighting; wood/leather heated steering wheel; trunk mat, cargo net wheel locks & rear bumper app; rain sensing wipers; one-touch power trunk; Navigation/Mark Levinson audio.
    No acquisition fee provided per se but Registration & Other Fees total $1062; btw Rebate is $1500.

    Thx again for you help.

    OK, thanks, so the Leasify app shows a Deal Score of 8.3/10 which is recommended. I think you did pretty well on the majority of the factors that drive the cost of the lease... I'd maybe poke on fees a little more if you can to understand what all is rolled into that $1,062 but everything else looks pretty good.

    And of course, if you are only working with one dealer maybe get another quote in your zip code to try to get more leverage on negotiating fees.

    Good luck!
  • salenetsalenet Member Posts: 64
    Is this a good deal?

    Lease for NY/Long Island
    ES350 $469 for 36 month lease, but first month at time of delivery is paid by Lexus
    MSRP $44,754
    Estimated Cap cost $40,621(including bank fee)
    Residual is 59% for 12,000mi/36months
    money Factor .00055
    Cap Cost Reduction = $0
    Bank fee and taxes are rolled into lease payments
    Money to be paid on delivery is $367.50 (to cover DMV fees for new plates, NYS tire fee and dealer doc fee (may get money back when registration $ are final)
  • kyfdxkyfdx Moderator Posts: 267,202
    salenet said:

    Is this a good deal?

    Lease for NY/Long Island
    ES350 $469 for 36 month lease, but first month at time of delivery is paid by Lexus
    MSRP $44,754
    Estimated Cap cost $40,621(including bank fee)
    Residual is 59% for 12,000mi/36months
    money Factor .00055
    Cap Cost Reduction = $0
    Bank fee and taxes are rolled into lease payments
    Money to be paid on delivery is $367.50 (to cover DMV fees for new plates, NYS tire fee and dealer doc fee (may get money back when registration $ are final)

    I get $431/mo.+tax..

    $1500 lease cash and 1st payment covered by Lexus.. If you are happy with the selling price, then it looks good.

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  • syz2015syz2015 Member Posts: 4

    Please advise re: my lease offer on '15 Lexus ES 300h in NJ.

    Term - 36 mos
    Miles - 18000
    $Factor - .00055
    MSRP - $47633
    Residual - $25778
    Total Cap Reduction - $1500
    Adjusted Cap Cost - $40700
    Rebate - $1500
    Total Monthly - $450x 35 mos.
    Amt Due at Start - $2500

    Please help thank.
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