2015 Lexus GS 350 Lease Questions

handcontrol

Hi, Can you please help me with the residual and MF for 2015 GS350 F Sport thinking 36/12 or 36/10, but open to other monthly terms if there is a sweet spot. Thanks!

Michaell

handcontrol said:

Hi, Can you please help me with the residual and MF for 2015 GS350 F Sport thinking 36/12 or 36/10, but open to other monthly terms if there is a sweet spot. Thanks!

.00055 and 55% for 36/12. Add 1% for 10K. $4500 lease cash and complimentary first payment.

jsole

Is the $4500 lease cash still available on the 2015 GS 350 AWD F-Sport? If so can you please let me know the MF and residual on 27/12 and 36/12 here in NJ. Thanks!

Michaell

jsole said:

Is the $4500 lease cash still available on the 2015 GS 350 AWD F-Sport? If so can you please let me know the MF and residual on 27/12 and 36/12 here in NJ. Thanks!

60% or 55% and .00055. $4500 lease cash and complimentary first payment. 

abokhari

For a non-F Sport AWD, what is the residual on 27/15 and 36/15? 

kyfdx

abokhari said:

For a non-F Sport AWD, what is the residual on 27/15 and 36/15? 

58%/53%

abokhari

Thank you kyfdx. I know that this forum is for lease questions but I wonder if someone can tell me what Lexus Financial's standard tier 1 APR is for purchasing this car.

kyfdx

abokhari said:

Thank you kyfdx. I know that this forum is for lease questions but I wonder if someone can tell me what Lexus Financial's standard tier 1 APR is for purchasing this car.

Sorry.. .don't have that information.

omadao24

Looking for MF & Residual for both 2015 & 2016 AWD F-sport @ 36/15k. Also, any incentives. Thank you!

Michaell

omadao24 said:

Looking for MF & Residual for both 2015 & 2016 AWD F-sport @ 36/15k. Also, any incentives. Thank you!

2015 - 53% and .00055. $4500 lease cash.
2016 - 54% and .00075. $750 lease cash.

malloreeh

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?

I know it's probably a little late to respond to this, but if you happen to be in the KC area and the dealer you visited was Hendrick in Merriam, they'll be less than willing to play ball, not only when it comes to MSRP but also the MF.

They quoted me a MF of .00225 (36/15k) on a 2016 GX. They refused to take anything off MSRP, were charging $1400 in fees and had shown me a jacked up MF. With $1500 down, the first payment they gave me was $1050 including tax. It was only after some quick calculations on my part when the finance guy realized he "accidentally" added another $5242.00 to my net cap cost because that would be the sales tax if I purchased the vehicle. The new payment they gave me was $902 with tax but it was still about $40 higher than the three other lease calculators I used on my phone while sitting at the desk. I left after they refused to tell me why there was an additional $40 added to my payment.

...but, I digress.

Moral of the story: if you haven't already made a deal and you're not opposed to a dealer in STL, I couldn't recommend Mungenast Lexus enough. I called the day after I visited Hendrick and they quoted me $720/month with tax for a 2016 GX with the same MSRP and same amount down. They were incredibly straight forward and had no qualms about showing me the numbers they were using to calculate my payment.

mhogan55

malloreeh said:

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?

I know it's probably a little late to respond to this, but if you happen to be in the KC area and the dealer you visited was Hendrick in Merriam, they'll be less than willing to play ball, not only when it comes to MSRP but also the MF.

They quoted me a MF of .00225 (36/15k) on a 2016 GX. They refused to take anything off MSRP, were charging $1400 in fees and had shown me a jacked up MF. With $1500 down, the first payment they gave me was $1050 including tax. It was only after some quick calculations on my part when the finance guy realized he "accidentally" added another $5242.00 to my net cap cost because that would be the sales tax if I purchased the vehicle. The new payment they gave me was $902 with tax but it was still about $40 higher than the three other lease calculators I used on my phone while sitting at the desk. I left after they refused to tell me why there was an additional $40 added to my payment.

...but, I digress.

Moral of the story: if you haven't already made a deal and you're not opposed to a dealer in STL, I couldn't recommend Mungenast Lexus enough. I called the day after I visited Hendrick and they quoted me $720/month with tax for a 2016 GX with the same MSRP and same amount down. They were incredibly straight forward and had no qualms about showing me the numbers they were using to calculate my payment.

Yes, it was Hendrick in Merriam. They did eventually get the money factor down to .00055 after numerous calls from different folks and trying to get me to come back in. In the end, I did end up with a decent offer from them. It wasn't what I wanted (it was close) so no deal got done. I did entertain the thought of going to a different dealer in Omaha but time just wasn't on my side. Since it is now February, and I am sure the lease cash deal is over, I don't think I will be able to make a similar deal. Thanks for sharing the info on Mungenast. I am in STL every couple of months or so and I will definitely check them out!

amsen

Hi,

Can i get the MF, Residual details for PA/DE region for 27/12 and 36/12? This is for 2015 GS350 AWD F-sport. Thanks in advance. Also, pls confirm if the 4500 lease cash is still good.

Michaell

amsen said:

Hi,

Can i get the MF, Residual details for PA/DE region for 27/12 and 36/12? This is for 2015 GS350 AWD F-sport. Thanks in advance. Also, pls confirm if the 4500 lease cash is still good.

60% for 27/12 or 55% for 36/12.

.00060 MF. Dealer cash is now up to $6500 on the GS350

amsen

Michaell said:

amsen said:

Hi,

Can i get the MF, Residual details for PA/DE region for 27/12 and 36/12? This is for 2015 GS350 AWD F-sport. Thanks in advance. Also, pls confirm if the 4500 lease cash is still good.

60% for 27/12 or 55% for 36/12.

.00060 MF. Dealer cash is now up to $6500 on the GS350

Thanks Michael. How about the complimentary 1st payment?

Michaell

amsen said:

Michaell said:

amsen said:

Hi,

Can i get the MF, Residual details for PA/DE region for 27/12 and 36/12? This is for 2015 GS350 AWD F-sport. Thanks in advance. Also, pls confirm if the 4500 lease cash is still good.

60% for 27/12 or 55% for 36/12.

.00060 MF. Dealer cash is now up to $6500 on the GS350

Thanks Michael. How about the complimentary 1st payment?

No complimentary first payment incentive.

amsen

Michaell said:

amsen said:

Michaell said:

amsen said:

Hi,

Can i get the MF, Residual details for PA/DE region for 27/12 and 36/12? This is for 2015 GS350 AWD F-sport. Thanks in advance. Also, pls confirm if the 4500 lease cash is still good.

60% for 27/12 or 55% for 36/12.

.00060 MF. Dealer cash is now up to $6500 on the GS350

Thanks Michael. How about the complimentary 1st payment?

No complimentary first payment incentive.

Thanks Michael.

socalcpa

Visited 2 dealers in So Cal today - both said that the MF reverted to the standard MF of 0.0024 on a 36/12 lease. Too bad, was really hoping to get the deal with the new $6500 incentive.

gtownsin

Came to terms with this deal at end of January for a 2015 Fsport:

$500 per month payment (includes sales tax)
$4500 MSD (9 totals MSDs)
$800 Acquisition fee
cash back for trade in (used part of this for $4500 MSD and $800 fee) 

love the car 

gtownsin

Also meant to include that I received complimentary first month payment also 

Michaell

gtownsin said:

Came to terms with this deal at end of January for a 2015 Fsport:

$500 per month payment (includes sales tax)
$4500 MSD (9 totals MSDs)
$800 Acquisition fee
cash back for trade in (used part of this for $4500 MSD and $800 fee) 

love the car 

gtownsin said:

Also meant to include that I received complimentary first month payment also 

Congrats - looks like a great deal. Enjoy and thanks for sharing your details.

wintersx866

Just curious for the state of Missouri, whats the MF, residuals and incentives on the 2015 GS 350 F sport AWD for 27 months/10k miles? Does it still include the $6500 incentive?

Michaell

wintersx866 said:

Just curious for the state of Missouri, whats the MF, residuals and incentives on the 2015 GS 350 F sport AWD for 27 months/10k miles? Does it still include the $6500 incentive?

61% and .00060. $6500 cash.

thebrad

Hello could I please get the mf and residual for a 2015 gs350 f sport rwd.  Could I get 27 and 36 month at 10k per year?
Thanks! 

Michaell

thebrad said:

Hello could I please get the mf and residual for a 2015 gs350 f sport rwd.  Could I get 27 and 36 month at 10k per year?
Thanks! 

.00060 and 61% (27/10) or 56% (36/10). $6500 dealer cash.

thebrad

My dealer is quoting me a mf of .0019.  I am in Florida, are lexus rates regional? How much is the dealer allowed to mark the rate up? 

Michaell

thebrad said:

My dealer is quoting me a mf of .0019.  I am in Florida, are lexus rates regional? How much is the dealer allowed to mark the rate up? 

Lexus rates are regional, but we have the numbers for Florida and I'm showing .00060. Dealer can mark up the MF, but I don't know if there is a maximum markup allowed.

Higher MF may also be due to less than tier 1 credit.

thebrad

Thank you! Definitely not a credit thing.

Michaell

thebrad said:

Thank you! Definitely not a credit thing.

Time to reach out to a different Lexus dealer, then.

kyfdx

I don't think the .00060 goes with the $6500.

Southern region does show a .00060 MF, but the lease example only shows $750 incentive.

I think if you get the $6500 incentive, then it comes with a .00180-.00190 MF.

akyigyi

I know it's been asked multiple time, but if someone can let me know the MF and residual for VA/DC/MD region for GS 350 (36/12K), that would be great. So far, MF being quoted is no where close to 0.00060. Thanks!

Michaell

akyigyi said:

I know it's been asked multiple time, but if someone can let me know the MF and residual for VA/DC/MD region for GS 350 (36/12K), that would be great. So far, MF being quoted is no where close to 0.00060. Thanks!

No, it looks like it's around .00190 if you get the big lease cash.

36/12 residual is 55%

thebrad

Ok that makes sense... It looked like the deals would be better than December, which doesn't follow the norm.  But since they increased the money factor, the deal has indeed gotten significantly worse.

Thanks for the help! 

abokhari

Purchased, not leased a 2015 Base AWD in late-January for over $10K off sticker. Discount included $4500 dealer cash (subject to financing through Lexus Financial). Got a great APR. I learned that the dealer cash went up to $6500 in Feb. Hay, who knew? I am happy that I was able to get the int and ext colors and specs I wanted. May be I wouldn't have been able to get the APR with $6500 dealer cash. Thank you dear friends! You have been a great help.

kyfdx

abokhari said:

Purchased, not leased a 2015 Base AWD in late-January for over $10K off sticker. Discount included $4500 dealer cash (subject to financing through Lexus Financial). Got a great APR. I learned that the dealer cash went up to $6500 in Feb. Hay, who knew? I am happy that I was able to get the int and ext colors and specs I wanted. May be I wouldn't have been able to get the APR with $6500 dealer cash. Thank you dear friends! You have been a great help.

Congrats on the new Lexus!

texasbabydoc

I've talked to some dealers in Texas that are willing to discount the 2015 Lexus G350 12k off of MSRP. What type of money factor and residual value should I expect for a 3 yr/15,000 miles or 3yr/20,000 miles lease? This is my first lease. Any other advice would be appreciated.

Michaell

texasbabydoc said:

I've talked to some dealers in Texas that are willing to discount the 2015 Lexus G350 12k off of MSRP. What type of money factor and residual value should I expect for a 3 yr/15,000 miles or 3yr/20,000 miles lease? This is my first lease. Any other advice would be appreciated.

There is $6500 dealer cash on the outgoing 2015's, so that's half your discount right there.

MF is .00180 and the 36/15 residual is 53%. Extra miles are purchased up front at .20 per mile, deducted from the calculated residual.

Negotiate your best selling price before the discounts; that will lower your payment.

jmg416

So after I stumbled to this thread by mistake while trying to look at IS350s I got intrigued to see if I could find a 2015 GS that would fit my budget. It was a car I had just assumed was out of my range. So I found one yesterday and put a deposit down last night to hold the February incentives. (or so the dealer told me). Here is what I was offered on a 2015 Fsport.

MSRP - 58080
Cap cost - 46420
Residual - 53%
MF - .00190
36/12
Everything but first month and DMV in the payment of $585

The numbers are coming out higher than that when I try to run it through a lease calculator. I'm guessing based on what I've read in this thread that the residual he told me is inaccurate.

But my main question here, should I hold off to see the March numbers instead. I can't imagine the residual will go down that much, and I would hope that the money factor would come down. Though of course the main concern is them not continuing the incentives.

I'm very curious what others here would do. Any facts or even just opinions is appreciated. Of course they only gave me until the end of the day today to get there and complete the paperwork. I'm just going to spend the day trying not to get too excited and handle this logically.

Side note: I will be turning in a IS250C. So I'm also questioning why I would be turning in a convertible just before spring.

carseeker14

For information purposes. Just leased a loaded 2016 GS350 FWD - MSRP $52,815 for 36 month / 10K in South Florida. Deal was $517 per month with all costs (Tax, Title, Dealer Fees, etc) rolled into the lease. Used 6 multiple security deposits (MSD) to buy down the interest rate. At closing only paid the first month plus the 6 refundable MSDs.

Michaell

jmg416 said:

So after I stumbled to this thread by mistake while trying to look at IS350s I got intrigued to see if I could find a 2015 GS that would fit my budget. It was a car I had just assumed was out of my range. So I found one yesterday and put a deposit down last night to hold the February incentives. (or so the dealer told me). Here is what I was offered on a 2015 Fsport.

MSRP - 58080
Cap cost - 46420
Residual - 53%
MF - .00190
36/12
Everything but first month and DMV in the payment of $585

The numbers are coming out higher than that when I try to run it through a lease calculator. I'm guessing based on what I've read in this thread that the residual he told me is inaccurate.

But my main question here, should I hold off to see the March numbers instead. I can't imagine the residual will go down that much, and I would hope that the money factor would come down. Though of course the main concern is them not continuing the incentives.

I'm very curious what others here would do. Any facts or even just opinions is appreciated. Of course they only gave me until the end of the day today to get there and complete the paperwork. I'm just going to spend the day trying not to get too excited and handle this logically.

Side note: I will be turning in a IS250C. So I'm also questioning why I would be turning in a convertible just before spring.

At some point, support on the 2015's will end as inventory shrinks. While we have some March data for Lexus, it does not yet include any information on the 2015 GS.

The MF went up considerably in February, but the dealer cash stayed the same at $6500.

jmg416

Michaell said:

jmg416 said:

So after I stumbled to this thread by mistake while trying to look at IS350s I got intrigued to see if I could find a 2015 GS that would fit my budget. It was a car I had just assumed was out of my range. So I found one yesterday and put a deposit down last night to hold the February incentives. (or so the dealer told me). Here is what I was offered on a 2015 Fsport.

MSRP - 58080
Cap cost - 46420
Residual - 53%
MF - .00190
36/12
Everything but first month and DMV in the payment of $585

The numbers are coming out higher than that when I try to run it through a lease calculator. I'm guessing based on what I've read in this thread that the residual he told me is inaccurate.

But my main question here, should I hold off to see the March numbers instead. I can't imagine the residual will go down that much, and I would hope that the money factor would come down. Though of course the main concern is them not continuing the incentives.

I'm very curious what others here would do. Any facts or even just opinions is appreciated. Of course they only gave me until the end of the day today to get there and complete the paperwork. I'm just going to spend the day trying not to get too excited and handle this logically.

Side note: I will be turning in a IS250C. So I'm also questioning why I would be turning in a convertible just before spring.

At some point, support on the 2015's will end as inventory shrinks. While we have some March data for Lexus, it does not yet include any information on the 2015 GS.

The MF went up considerably in February, but the dealer cash stayed the same at $6500.

Well, they actually gave me until Monday to sign, and they said the price is the same even though the residual changed. I guess I can hope the MF is different this month with the $6500 still in play and maybe get an even better deal. Thanks for the info.

kyfdx

jmg416 said:

Michaell said:

jmg416 said:

So after I stumbled to this thread by mistake while trying to look at IS350s I got intrigued to see if I could find a 2015 GS that would fit my budget. It was a car I had just assumed was out of my range. So I found one yesterday and put a deposit down last night to hold the February incentives. (or so the dealer told me). Here is what I was offered on a 2015 Fsport.

MSRP - 58080
Cap cost - 46420
Residual - 53%
MF - .00190
36/12
Everything but first month and DMV in the payment of $585

The numbers are coming out higher than that when I try to run it through a lease calculator. I'm guessing based on what I've read in this thread that the residual he told me is inaccurate.

But my main question here, should I hold off to see the March numbers instead. I can't imagine the residual will go down that much, and I would hope that the money factor would come down. Though of course the main concern is them not continuing the incentives.

I'm very curious what others here would do. Any facts or even just opinions is appreciated. Of course they only gave me until the end of the day today to get there and complete the paperwork. I'm just going to spend the day trying not to get too excited and handle this logically.

Side note: I will be turning in a IS250C. So I'm also questioning why I would be turning in a convertible just before spring.

At some point, support on the 2015's will end as inventory shrinks. While we have some March data for Lexus, it does not yet include any information on the 2015 GS.

The MF went up considerably in February, but the dealer cash stayed the same at $6500.

Well, they actually gave me until Monday to sign, and they said the price is the same even though the residual changed. I guess I can hope the MF is different this month with the $6500 still in play and maybe get an even better deal. Thanks for the info.

Looks like .00190 MF and $7500 lease cash for March.

Seems like the residual should be 55% for 36/12. 53% is the 36/15 residual.

jmg416

kyfdx said:

jmg416 said:

Michaell said:

jmg416 said:

So after I stumbled to this thread by mistake while trying to look at IS350s I got intrigued to see if I could find a 2015 GS that would fit my budget. It was a car I had just assumed was out of my range. So I found one yesterday and put a deposit down last night to hold the February incentives. (or so the dealer told me). Here is what I was offered on a 2015 Fsport.

MSRP - 58080
Cap cost - 46420
Residual - 53%
MF - .00190
36/12
Everything but first month and DMV in the payment of $585

The numbers are coming out higher than that when I try to run it through a lease calculator. I'm guessing based on what I've read in this thread that the residual he told me is inaccurate.

But my main question here, should I hold off to see the March numbers instead. I can't imagine the residual will go down that much, and I would hope that the money factor would come down. Though of course the main concern is them not continuing the incentives.

I'm very curious what others here would do. Any facts or even just opinions is appreciated. Of course they only gave me until the end of the day today to get there and complete the paperwork. I'm just going to spend the day trying not to get too excited and handle this logically.

Side note: I will be turning in a IS250C. So I'm also questioning why I would be turning in a convertible just before spring.

At some point, support on the 2015's will end as inventory shrinks. While we have some March data for Lexus, it does not yet include any information on the 2015 GS.

The MF went up considerably in February, but the dealer cash stayed the same at $6500.

Well, they actually gave me until Monday to sign, and they said the price is the same even though the residual changed. I guess I can hope the MF is different this month with the $6500 still in play and maybe get an even better deal. Thanks for the info.

Looks like .00190 MF and $7500 lease cash for March.

Seems like the residual should be 55% for 36/12. 53% is the 36/15 residual.

So they should be able to come down a bit more?

Michaell

jmg416 said:

kyfdx said:

jmg416 said:

Michaell said:

jmg416 said:

So after I stumbled to this thread by mistake while trying to look at IS350s I got intrigued to see if I could find a 2015 GS that would fit my budget. It was a car I had just assumed was out of my range. So I found one yesterday and put a deposit down last night to hold the February incentives. (or so the dealer told me). Here is what I was offered on a 2015 Fsport.

MSRP - 58080
Cap cost - 46420
Residual - 53%
MF - .00190
36/12
Everything but first month and DMV in the payment of $585

The numbers are coming out higher than that when I try to run it through a lease calculator. I'm guessing based on what I've read in this thread that the residual he told me is inaccurate.

But my main question here, should I hold off to see the March numbers instead. I can't imagine the residual will go down that much, and I would hope that the money factor would come down. Though of course the main concern is them not continuing the incentives.

I'm very curious what others here would do. Any facts or even just opinions is appreciated. Of course they only gave me until the end of the day today to get there and complete the paperwork. I'm just going to spend the day trying not to get too excited and handle this logically.

Side note: I will be turning in a IS250C. So I'm also questioning why I would be turning in a convertible just before spring.

At some point, support on the 2015's will end as inventory shrinks. While we have some March data for Lexus, it does not yet include any information on the 2015 GS.

The MF went up considerably in February, but the dealer cash stayed the same at $6500.

Well, they actually gave me until Monday to sign, and they said the price is the same even though the residual changed. I guess I can hope the MF is different this month with the $6500 still in play and maybe get an even better deal. Thanks for the info.

Looks like .00190 MF and $7500 lease cash for March.

Seems like the residual should be 55% for 36/12. 53% is the 36/15 residual.

So they should be able to come down a bit more?

Can't hurt to try; we don't track selling prices.

tgotts469

Any numbers for the 2016 GS350 or 200t? Looking for 36/0 and 36/12 in FL.

Thanks!

kyfdx

tgotts469 said:

Any numbers for the 2016 GS350 or 200t? Looking for 36/0 and 36/12 in FL.

Thanks!

.00060 MF and $750 lease cash + complimentary 1st payment.

57%/58% residual for 350/200t for 36/12. Add 1% for 10K/yr. Add 1% for F-Sport model

vdub8

Hi Kyfdx,

 Are these March numbers still accurate? 

.00190 MF and $7500 lease cash for March.  Residual 55% for 36/12. 53% is the 36/15. 

I'm assuming the .00190 is before MSDs, correct?  Is the max number of MSDs allowed 8?

is there any other cash on this vehicle besides lease cash?  For example, if dealers are already discounting the car $10k without any negotiation for purchase (cash or finance through LFS), will the $7.5k lease incentive be in addition to that bringing the total discount/incentive to $17.5k?

thanks in advance!

kyfdx

vdub8 said:

Hi Kyfdx,

 Are these March numbers still accurate? 

.00190 MF and $7500 lease cash for March.  Residual 55% for 36/12. 53% is the 36/15. 

I'm assuming the .00190 is before MSDs, correct?  Is the max number of MSDs allowed 8?

is there any other cash on this vehicle besides lease cash?  For example, if dealers are already discounting the car $10k without any negotiation for purchase (cash or finance through LFS), will the $7.5k lease incentive be in addition to that bringing the total discount/incentive to $17.5k?

thanks in advance!

Numbers are correct, but it's not really lease cash, this month. It's just dealer cash. So, if they are quoting $10K off, you can bet they are already including the $7500.

I'm not certain of the Lexus MSD program.

Michaell

kyfdx said:

Hi Kyfdx,

 Are these March numbers still accurate? 

.00190 MF and $7500 lease cash for March.  Residual 55% for 36/12. 53% is the 36/15. 

I'm assuming the .00190 is before MSDs, correct?  Is the max number of MSDs allowed 8?

is there any other cash on this vehicle besides lease cash?  For example, if dealers are already discounting the car $10k without any negotiation for purchase (cash or finance through LFS), will the $7.5k lease incentive be in addition to that bringing the total discount/incentive to $17.5k?

thanks in advance!

Numbers are correct, but it's not really lease cash, this month. It's just dealer cash. So, if they are quoting $10K off, you can bet they are already including the $7500. I'm not certain of the Lexus MSD program.

I believe it's max 9, each of which lower the MF by .00008

tinofbsc

Hey all,

Looking at a new '15 GS350 RWD in NC.

MSRP $61,845. Dealer is taking 12k off and quoting 24/10k/62%/.0019 and 36/10k/56%/.0019.

Seem like a solid deal?

Thanks.