2015 Lexus GS 350 Lease Questions

Michaell

omadao24 said:

kyfdx said:

omadao24 said:

Does anyone know the RV / MF for a 2016 F-Sport AWD? 36/12 & 36/15?

.00070 MF and $750 lease cash.... but, no residuals, yet.

Thank you. In the Chicagoland area I have 2 dealers saying the RV on a 36/16 is 54%. Does not seem right compared to the 2015 models, does it?

There is rarely any logic applied when residual values are determined. New models could easily have a lower residual value than the previous model year, if only to make the older cars more attractive to lease.

gsfsport

Secured a deal in socal

2015 gs350 FSport
MSRP 57750
lease term 36/10
residual 58%
Money factor .00006
Did 8 MSD totaling 3600
Monthly 448 including ca tax 8%

Thanks to the forums members, very useful in negotiating a deal.
Lexus GS is a steal for this price. Similar bmw and Benz are about $150 more for the same option

Michaell

gsfsport said:

Secured a deal in socal

2015 gs350 FSport
MSRP 57750
lease term 36/10
residual 58%
Money factor .00006
Did 8 MSD totaling 3600
Monthly 448 including ca tax 8%

Thanks to the forums members, very useful in negotiating a deal.
Lexus GS is a steal for this price. Similar bmw and Benz are about $150 more for the same option

Excellent deal! Thanks for sharing the details and enjoy the new Lexus.

ahashmi

gsfsport said:

Secured a deal in socal 2015 gs350 FSport MSRP 57750 lease term 36/10 residual 58% Money factor .00006 Did 8 MSD totaling 3600 Monthly 448 including ca tax 8% Thanks to the forums members, very useful in negotiating a deal. Lexus GS is a steal for this price. Similar bmw and Benz are about $150 more for the same option

Awesome deal. Was there anything that you put Out of Pocket? Or was it a sign and drive on $448/mo and $3600 MSD? 

And do you mind sharing the sales price?

ahashmi

Admin: I'm being told by dealer the rebate ($4500 and 1st month payment) is applicable for sales tax. Is this true? I'm in NJ and this is the first I'm hearing of it. 

Michaell

ahashmi said:

Admin: I'm being told by dealer the rebate ($4500 and 1st month payment) is applicable for sales tax. Is this true? I'm in NJ and this is the first I'm hearing of it. 

That is true.

gsfsport

Awesome deal. Was there anything that you put Out of Pocket? Or was it a sign and drive on $448/mo and $3600 MSD? 

And do you mind sharing the sales price?

There was nothing out of pocket except for the $3600 MSD. Also there are only 35 payments at 448 as the 1st payment is made by lexus. The net cap cost was around 48250.

ahashmi

gsfsport said:

Awesome deal. Was there anything that you put Out of Pocket? Or was it a sign and drive on $448/mo and $3600 MSD? 

And do you mind sharing the sales price?

There was nothing out of pocket except for the $3600 MSD. Also there are only 35 payments at 448 as the 1st payment is made by lexus. The net cap cost was around 48250.


Wow that was an incredible deal. Based on calculations, the dealership swallowed all the inception fees (approx $1775). I wish I could score a similar deal man lol

loud0g40oz

gsfsport said:

Awesome deal. Was there anything that you put Out of Pocket? Or was it a sign and drive on $448/mo and $3600 MSD? 

And do you mind sharing the sales price?

There was nothing out of pocket except for the $3600 MSD. Also there are only 35 payments at 448 as the 1st payment is made by lexus. The net cap cost was around 48250.   

Nice deal.  Would you mind sharing the dealer?  I'm considering the GS, and the deals right now do blow everything else away.  

bryanl1

This is what I got

2015 GS350 FSport AWD
MSRP $58,505 Liquid Platinum/Cabernet
$1000 down with Lexus Financial Credit Certificate
Out of Pocket Cost is only NJ DMV Fees

10k/36 months

$481 @ 35 months as 1st month is included for December to Remember.

or 12k/36 months

$497.76 @35 months

MF is .00049 (asked about putting some MSD down to lower it even more). Dealer told me NY doesn't allow MSD.

brunoventura

Thanks to the info on this forum, just signed a lease for a 2015 GS350 with an MSRP of 53,290 for 440.00 incl. tax for 36/12k. No MSD and zero out of pocket (Los Angeles CA).
The 2015 Lexus GS 350 can be had at really attractive conditions and is a steal right now, but heard they are going fast.

Michaell

bryanl1 said:

This is what I got

2015 GS350 FSport AWD
MSRP $58,505 Liquid Platinum/Cabernet
$1000 down with Lexus Financial Credit Certificate
Out of Pocket Cost is only NJ DMV Fees

10k/36 months

$481 @ 35 months as 1st month is included for December to Remember.

or 12k/36 months

$497.76 @35 months

MF is .00049 (asked about putting some MSD down to lower it even more). Dealer told me NY doesn't allow MSD.

Solid deal on a $58K car.

Yes, NY does not allow MSD.

Enjoy the new Lexus!

Michaell

brunoventura said:

Thanks to the info on this forum, just signed a lease for a 2015 GS350 with an MSRP of 53,290 for 440.00 incl. tax for 36/12k. No MSD and zero out of pocket (Los Angeles CA).
The 2015 Lexus GS 350 can be had at really attractive conditions and is a steal right now, but heard they are going fast.

Great deal! Enjoy the new Lexus!

supra911

what is the MF and how much can be knocked down with each MSD?

ahashmi

Michaell said:

bryanl1 said:

This is what I got

2015 GS350 FSport AWD
MSRP $58,505 Liquid Platinum/Cabernet
$1000 down with Lexus Financial Credit Certificate
Out of Pocket Cost is only NJ DMV Fees

10k/36 months

$481 @ 35 months as 1st month is included for December to Remember.

or 12k/36 months

$497.76 @35 months

MF is .00049 (asked about putting some MSD down to lower it even more). Dealer told me NY doesn't allow MSD.

Solid deal on a $58K car.

Yes, NY does not allow MSD.

Enjoy the new Lexus!

Would I be able to get a car from NY with MSD, but register in NJ? (I live in NJ). There's a dealer giving crazy discounts in NY, but I want to apply MSD to it also.

kyfdx

supra911 said:

what is the MF and how much can be knocked down with each MSD?

The base MF for the 2015 GS350 varies from .00053 - .00070, depending on regional location.

I think Lexus MSD discount is .00008 with up to 9 allowed.

kyfdx

ahashmi said:

Michaell said:

bryanl1 said:

This is what I got

2015 GS350 FSport AWD
MSRP $58,505 Liquid Platinum/Cabernet
$1000 down with Lexus Financial Credit Certificate
Out of Pocket Cost is only NJ DMV Fees

10k/36 months

$481 @ 35 months as 1st month is included for December to Remember.

or 12k/36 months

$497.76 @35 months

MF is .00049 (asked about putting some MSD down to lower it even more). Dealer told me NY doesn't allow MSD.

Solid deal on a $58K car.

Yes, NY does not allow MSD.

Enjoy the new Lexus!

Would I be able to get a car from NY with MSD, but register in NJ? (I live in NJ). There's a dealer giving crazy discounts in NY, but I want to apply MSD to it also.

No. NY dealers cannot do MSDs.

skinnydealpls

You guys are the best leasing tool on the web! Can I get Florida MF & Residual for 2015 GS350 w/ 7.5k, 24 month lease. Also any other money back and additional incentives? Thanks.

kyfdx

skinnydealpls said:

You guys are the best leasing tool on the web! Can I get Florida MF & Residual for 2015 GS350 w/ 7.5k, 24 month lease. Also any other money back and additional incentives? Thanks.

.00065 MF and 65% residual. $4500 lease cash

carseeker14

Does anyone know the MF and Residual for 36/39 month with 10K/12K for 2016 Lexus GS350 Front-Wheel Drive in Florida?

Michaell

carseeker14 said:

Does anyone know the MF and Residual for 36/39 month with 10K/12K for 2016 Lexus GS350 Front-Wheel Drive in Florida?

We don't yet have any 2016 GS lease numbers.

And, for the record, the GS is rear wheel drive. The ES is FWD.

lexgs350

Just purchased new 2015 GS 350 F sport for a little over 46K (msrp 56.6K). Financing a portion through lexus. I know this is a leasing thread but posting in the hopes that it might help someone with net cap cost. Thanks to the other posters and moderator for helping me make an informed offer.

kyfdx

lexgs350 said:

Just purchased new 2015 GS 350 F sport for a little over 46K (msrp 56.6K). Financing a portion through lexus. I know this is a leasing thread but posting in the hopes that it might help someone with net cap cost. Thanks to the other posters and moderator for helping me make an informed offer.

Congrats on the new Lexus!

cuongfucius

Socal, first time leaser be gentle. Looking to lease before the event is over. Need advice obviously why I'm on here lol.

Just started a new job that's only 4 miles away from my house so low miles, 7.5k is in mind. Was wondering what's the RV & MF for 33/36/39months.

Looking at GS350 F sport MSRP ~ 57k, There's plenty around my area... and it looks like a few on here and other forums are getting 10-12k off MSRP including the 4500 rebate. Am I heading in the right direction here. Any guidance is much appreciated.

for_sd1234

cuongfucius said:

Socal, first time leaser be gentle. Looking to lease before the event is over. Need advice obviously why I'm on here lol.

Just started a new job that's only 4 miles away from my house so low miles, 7.5k is in mind. Was wondering what's the RV & MF for 33/36/39months.

Looking at GS350 F sport MSRP ~ 57k, There's plenty around my area... and it looks like a few on here and other forums are getting 10-12k off MSRP including the 4500 rebate. Am I heading in the right direction here. Any guidance is much appreciated.

----
The posts on this forum mention getting ~10k off. I've sent you a PM.

Michaell

cuongfucius said:

Socal, first time leaser be gentle. Looking to lease before the event is over. Need advice obviously why I'm on here lol.

Just started a new job that's only 4 miles away from my house so low miles, 7.5k is in mind. Was wondering what's the RV & MF for 33/36/39months.

Looking at GS350 F sport MSRP ~ 57k, There's plenty around my area... and it looks like a few on here and other forums are getting 10-12k off MSRP including the 4500 rebate. Am I heading in the right direction here. Any guidance is much appreciated.

MF ranges from .00053 to .00065.

Residuals are 61% / 59% / 57% for 33 / 36 / 39 and 7,500 miles.

Pricing seems about right, based on what I've read the past few weeks.

cuongfucius

Michaell said:

cuongfucius said:

Socal, first time leaser be gentle. Looking to lease before the event is over. Need advice obviously why I'm on here lol.

Just started a new job that's only 4 miles away from my house so low miles, 7.5k is in mind. Was wondering what's the RV & MF for 33/36/39months.

Looking at GS350 F sport MSRP ~ 57k, There's plenty around my area... and it looks like a few on here and other forums are getting 10-12k off MSRP including the 4500 rebate. Am I heading in the right direction here. Any guidance is much appreciated.

MF ranges from .00053 to .00065.

Residuals are 61% / 59% / 57% for 33 / 36 / 39 and 7,500 miles.

Pricing seems about right, based on what I've read the past few weeks.

Thanks Michael appreciate it and a Happy New Years!

rameez1

Hey folks, first of all this is a great place to research before you lease the car and thanks alot for your prompt responses.

I just have a quick question. Now that 2015 is gone and DTR event is over as wellI what happens to the remaining inventory on dealerships? I still see a few GSFs at chicagoland dealerships, do we still get the same rebate/ incentives till they are completely sold out? Or the cars go back to Lexus?

supra911

Thanks for the info. Picked up a GS350 AWD in Boston area. Lease.
MSRP: $51,775
Sell Price: $41,062 ($6213 off & $4500 lease rebate)
12k miles, 36 months residual: 57%
MF: 0.00049 (reduced to 0.00001 with 6 MSD)
Fees: ~$1,400 (includes $500 doc fee + $700 acq fee)

Monthly pay $382 (includes 6.25% Mass Tax) for 35 months (1st month free)

The monthly payment would've been $420 without the MSD.. it was a no brainer to put up $2,400 in MSD and "save" ~$1,400 in pay in 3 years.

Unfortunately, I found out I don't have heated seats in the car.

kyfdx

rameez1 said:

Hey folks, first of all this is a great place to research before you lease the car and thanks alot for your prompt responses.

I just have a quick question. Now that 2015 is gone and DTR event is over as wellI what happens to the remaining inventory on dealerships? I still see a few GSFs at chicagoland dealerships, do we still get the same rebate/ incentives till they are completely sold out? Or the cars go back to Lexus?

Cars never "go back" to the manufacturer. There is still a lease program on this model.

At some point, a final cash incentive is paid to the dealer, and it's up to them to get the car sold.

kyfdx

supra911 said:

Thanks for the info. Picked up a GS350 AWD in Boston area. Lease.
MSRP: $51,775
Sell Price: $41,062 ($6213 off & $4500 lease rebate)
12k miles, 36 months residual: 57%
MF: 0.00049 (reduced to 0.00001 with 6 MSD)
Fees: ~$1,400 (includes $500 doc fee + $700 acq fee)

Monthly pay $382 (includes 6.25% Mass Tax) for 35 months (1st month free)

The monthly payment would've been $420 without the MSD.. it was a no brainer to put up $2,400 in MSD and "save" ~$1,400 in pay in 3 years.

Unfortunately, I found out I don't have heated seats in the car.

Nice job!

starterman86

Hey guys, I've posted here before and not sure how well of a deal this is. Thanks for your help.

MSRP $56720
Sell Price: $45,112 (Rebate $5108 + $6500 discount)
Price with fees (Nitro Fill $499) Total Purchase $45611
Trade allowance $42000
Trade Difference $3611
Doc Fee $649
Tax $160.17
non tax $124
Net Price $4544.17
Trade Payoff $45769.93
Balance $50,314.10

$0 DOWN $640 Month for 36/12k or
$1000 down $609 per month 36/12k
or $592 36/10k

Not sure if this is a good deal at all or not with the negative equity, help!

Michaell

starterman86 said:

Hey guys, I've posted here before and not sure how well of a deal this is. Thanks for your help.

MSRP $56720
Sell Price: $45,112 (Rebate $5108 + $6500 discount)
Price with fees (Nitro Fill $499) Total Purchase $45611
Trade allowance $42000
Trade Difference $3611
Doc Fee $649
Tax $160.17
non tax $124
Net Price $4544.17
Trade Payoff $45769.93
Balance $50,314.10

$0 DOWN $640 Month for 36/12k or
$1000 down $609 per month 36/12k
or $592 36/10k

Not sure if this is a good deal at all or not with the negative equity, help!

$2700 of negative equity is adding $75/mo to your payment.

I don't think nitrogen is worth $500 - $14/mo.

Not a great deal, compared to what others have been posting the past month or so.

starterman86

Michaell said:

Hey guys, I've posted here before and not sure how well of a deal this is. Thanks for your help. MSRP $56720 Sell Price: $45,112 (Rebate $5108 + $6500 discount) Price with fees (Nitro Fill $499) Total Purchase $45611 Trade allowance $42000 Trade Difference $3611 Doc Fee $649 Tax $160.17 non tax $124 Net Price $4544.17 Trade Payoff $45769.93 Balance $50,314.10 $0 DOWN $640 Month for 36/12k or $1000 down $609 per month 36/12k or $592 36/10k Not sure if this is a good deal at all or not with the negative equity, help!

$2700 of negative equity is adding $75/mo to your payment. I don't think nitrogen is worth $500 - $14/mo. Not a great deal, compared to what others have been posting the past month or so.

Michaell thank you for your reply. This was a deal that the general manager swears by. Besides the nitrogen charge what else can I do to negotiate better terms?

Michaell

starterman86 said:

Michaell said:

starterman86 said:

Hey guys, I've posted here before and not sure how well of a deal this is. Thanks for your help.

MSRP $56720
Sell Price: $45,112 (Rebate $5108 + $6500 discount)
Price with fees (Nitro Fill $499) Total Purchase $45611
Trade allowance $42000
Trade Difference $3611
Doc Fee $649
Tax $160.17
non tax $124
Net Price $4544.17
Trade Payoff $45769.93
Balance $50,314.10

$0 DOWN $640 Month for 36/12k or
$1000 down $609 per month 36/12k
or $592 36/10k

Not sure if this is a good deal at all or not with the negative equity, help!

$2700 of negative equity is adding $75/mo to your payment.

I don't think nitrogen is worth $500 - $14/mo.

Not a great deal, compared to what others have been posting the past month or so.

Michaell thank you for your reply. This was a deal that the general manager swears by. Besides the nitrogen charge what else can I do to negotiate better terms?

You're getting over $11K off sticker, so that's good. I don't track selling prices, but if you read back through the last page or two of this discussion, you can see what others have been able to negotiate and compare to.

Can you wait longer and avoid the negative equity?

starterman86

Michaell said:

Michaell said:

Hey guys, I've posted here before and not sure how well of a deal this is. Thanks for your help. MSRP $56720 Sell Price: $45,112 (Rebate $5108 + $6500 discount) Price with fees (Nitro Fill $499) Total Purchase $45611 Trade allowance $42000 Trade Difference $3611 Doc Fee $649 Tax $160.17 non tax $124 Net Price $4544.17 Trade Payoff $45769.93 Balance $50,314.10 $0 DOWN $640 Month for 36/12k or $1000 down $609 per month 36/12k or $592 36/10k Not sure if this is a good deal at all or not with the negative equity, help!

$2700 of negative equity is adding $75/mo to your payment. I don't think nitrogen is worth $500 - $14/mo. Not a great deal, compared to what others have been posting the past month or so.

Michaell thank you for your reply. This was a deal that the general manager swears by. Besides the nitrogen charge what else can I do to negotiate better terms?

You're getting over $11K off sticker, so that's good. I don't track selling prices, but if you read back through the last page or two of this discussion, you can see what others have been able to negotiate and compare to. Can you wait longer and avoid the negative equity?

I probably could but the sport seats in my current rc are a nightmare! And the manager has my paperwork back dated to the 4th which was the last day of the December to remember. I have looked back at some of the other decent deals on the last few pages and they appear to be great compared to mine. Only other thing I know to do is go there and raise hell and show them the deals off this website from other members. But like you said the $75 a month extra is coming from the negative equity so I can understand the role that plays in this too. 

ahashmi

kyfdx said:

rameez1 said:

Hey folks, first of all this is a great place to research before you lease the car and thanks alot for your prompt responses.

I just have a quick question. Now that 2015 is gone and DTR event is over as wellI what happens to the remaining inventory on dealerships? I still see a few GSFs at chicagoland dealerships, do we still get the same rebate/ incentives till they are completely sold out? Or the cars go back to Lexus?

Cars never "go back" to the manufacturer. There is still a lease program on this model.

At some point, a final cash incentive is paid to the dealer, and it's up to them to get the car sold.

What is the MF/RV for this month on an F sport AWD and non-f-Sport AWD for 12k/36 mo? Is the $4500 rebate still available?

Michaell

ahashmi said:

kyfdx said:

rameez1 said:

Hey folks, first of all this is a great place to research before you lease the car and thanks alot for your prompt responses.

I just have a quick question. Now that 2015 is gone and DTR event is over as wellI what happens to the remaining inventory on dealerships? I still see a few GSFs at chicagoland dealerships, do we still get the same rebate/ incentives till they are completely sold out? Or the cars go back to Lexus?

Cars never "go back" to the manufacturer. There is still a lease program on this model.

At some point, a final cash incentive is paid to the dealer, and it's up to them to get the car sold.

What is the MF/RV for this month on an F sport AWD and non-f-Sport AWD for 12k/36 mo? Is the $4500 rebate still available?

55% for 36/12.

.00055 and $4500 lease cash.

rameez1

kyfdx said:

rameez1 said:

Hey folks, first of all this is a great place to research before you lease the car and thanks alot for your prompt responses.

I just have a quick question. Now that 2015 is gone and DTR event is over as wellI what happens to the remaining inventory on dealerships? I still see a few GSFs at chicagoland dealerships, do we still get the same rebate/ incentives till they are completely sold out? Or the cars go back to Lexus?

Cars never "go back" to the manufacturer. There is still a lease program on this model.

At some point, a final cash incentive is paid to the dealer, and it's up to them to get the car sold.

Ok, so I should still look out to strike a deal then

Michaell

rameez1 said:

kyfdx said:

rameez1 said:

Hey folks, first of all this is a great place to research before you lease the car and thanks alot for your prompt responses.

I just have a quick question. Now that 2015 is gone and DTR event is over as wellI what happens to the remaining inventory on dealerships? I still see a few GSFs at chicagoland dealerships, do we still get the same rebate/ incentives till they are completely sold out? Or the cars go back to Lexus?

Cars never "go back" to the manufacturer. There is still a lease program on this model.

At some point, a final cash incentive is paid to the dealer, and it's up to them to get the car sold.

Ok, so I should still look out to strike a deal then

Yes, the numbers are about the same in January as they were in December; MF is slightly better (.00055 vs. .00060)

4sallypat

Oh my, January still has good deals I can see.
During the December to Remember event, I got a GS 350 RWD with $12K off and 0.00070 MF.
So if you can get it less than that, more power to you!

4sallypat

kyfdx said:

rameez1 said:

Hey folks, first of all this is a great place to research before you lease the car and thanks alot for your prompt responses.

I just have a quick question. Now that 2015 is gone and DTR event is over as wellI what happens to the remaining inventory on dealerships? I still see a few GSFs at chicagoland dealerships, do we still get the same rebate/ incentives till they are completely sold out? Or the cars go back to Lexus?

Cars never "go back" to the manufacturer. There is still a lease program on this model.

At some point, a final cash incentive is paid to the dealer, and it's up to them to get the car sold.

Yes, the dealer will actually buy them out and punch them (starts warranty inservice date).
You can get a great deal on these punched cars as the dealer would have to either sell them or make them a rental / service loaner....

rameez1

Just an FYI... first month's complimentary payment is not offered anymore.

Michaell

rameez1 said:

Just an FYI... first month's complimentary payment is not offered anymore.

Not true .. the information I have still shows a complimentary first month payment on the 2015 GS350, in addition to the $4500 lease cash.

abokhari

Michaell said:

Just an FYI... first month's complimentary payment is not offered anymore.

Not true .. the information I have still shows a complimentary first month payment on the 2015 GS350, in addition to the $4500 lease cash.

I thought this discount ended after Jan 4. Is it back? Does this discount also apply if someone wants to purchase, not lease? 

rameez1

abokhari said:

Michaell said:

rameez1 said:

Just an FYI... first month's complimentary payment is not offered anymore.

Not true .. the information I have still shows a complimentary first month payment on the 2015 GS350, in addition to the $4500 lease cash.

I thought this discount ended after Jan 4. Is it back? Does this discount also apply if someone wants to purchase, not lease? 

That's exactly what I was told yesterday that first month complimentary payment offer expire Jan 4.

Michaell

abokhari said:

Michaell said:

rameez1 said:

Just an FYI... first month's complimentary payment is not offered anymore.

Not true .. the information I have still shows a complimentary first month payment on the 2015 GS350, in addition to the $4500 lease cash.

I thought this discount ended after Jan 4. Is it back? Does this discount also apply if someone wants to purchase, not lease? 

Yes ... and yes.

But only for the 2015 GS350. No other Lexus models have the complimentary first payment this month.

mhogan55

Hello - went into my local Lexus dealership today in KS and looked at leasing a gs350 awd f sport for 10/36. The residual for the car made sense but the money factor was at .0024 and really jumped the payments up. They never ran my credit so I don't know why they were unwilling to budge on the money factor. What is the expected money factor currently and is the dealer able to increase/decrease this?

kyfdx

mhogan55 said:

Hello - went into my local Lexus dealership today in KS and looked at leasing a gs350 awd f sport for 10/36. The residual for the car made sense but the money factor was at .0024 and really jumped the payments up. They never ran my credit so I don't know why they were unwilling to budge on the money factor. What is the expected money factor currently and is the dealer able to increase/decrease this?

For top tier, the money factor on the 2015 model is .00055.

They mark up the money factor to make more money.

mhogan55

I should be top tier with my credit. I guess they didn't want to sell me a car. Thanks for the response!