2015 Lexus GS 350 Lease Questions

Michaell

nex said:

Can you confirm that MF and RV for 2015 gs350 f sport 27month 12k and 36 month 12k
Lexus has new program starting from02/12/15 thks

We don't have any new numbers for the mid-month changes, sorry.

nex

Michael, I saw promotion, 1st payment is complimentary and still 1800 cash rebate ?
For 2015 gs and gs f sport thks

Michaell

nex said:

Michael, I saw promotion, 1st payment is complimentary and still 1800 cash rebate ?
For 2015 gs and gs f sport thks

Those are correct.

barryquinn22

Hi. I saw the current offer for 449 mo 36mos 2999 due at signing and complimentary first month payment

I spoke to a local dealer he said 2300 goes to cap reduction 700 bank fees and the u need 1816 on top for taxes. Is this a good deal?

Michaell

barryquinn22 said:

Hi. I saw the current offer for 449 mo 36mos 2999 due at signing and complimentary first month payment

I spoke to a local dealer he said 2300 goes to cap reduction 700 bank fees and the u need 1816 on top for taxes. Is this a good deal?

It's just an OK deal. We don't recommend making any sort of cap reduction on a lease - if the car is stolen or totaled, you lose that money.

And, the national or regional deal uses a selling price you should be able to beat with decent negotiation skills.

Negotiate the selling price just like you would for a purchase, watch out for any hidden fees, and make sure the dealer isn't inflating the money factor on you (.00090 this month for the GS).

Up front costs would include first month's payment, bank fee, license or registration costs, and, depending on where you live, sales tax.

barryquinn22

Thanks for the info. Do u have current residuals for 12k per month 36 months and for 27 month. I trying to figure out which is better

kyfdx

barryquinn22 said:

Thanks for the info. Do u have current residuals for 12k per month 36 months and for 27 month. I trying to figure out which is better

69% and 64%

mac2015

Hello all,
I'm just starting my search for a GS 350 F-Sport RWD in the Southern CA area. Got a quote from dealer and want to see if the math works out or if they're somehow sneaking in additional fees/costs?

12k/year for 36 months

MSRP: $55,105
Initial price reduction $2,647
"Selling price" $52,458
Options $359
Sub-Total $52,817
Fees $562.75
Sales Tax $4,234.08
Balance Due $57,613.83
Monthly payment $594.07

Residual 64%
Money Factor 0.00110 (I don't know why, but this is higher than the 0.0009 that is going around in this forum)

When I do the math, using selling price of $52,458, monthly payment should be $574. Am I missing something?...how'd they get $594.07. Also, the sales tax that is shown as a line item, is that divided over the 36 months of term of the lease (so am I paying a portion of that over 36 months)? Sales tax in my area is 8%.

Finally, is this a good deal or is there room to bring down the negotiated price? Thank you all for your help/advice/input.

kyfdx

mac2015 said:

Hello all,
I'm just starting my search for a GS 350 F-Sport RWD in the Southern CA area. Got a quote from dealer and want to see if the math works out or if they're somehow sneaking in additional fees/costs?

12k/year for 36 months

MSRP: $55,105
Initial price reduction $2,647
"Selling price" $52,458
Options $359
Sub-Total $52,817
Fees $562.75
Sales Tax $4,234.08
Balance Due $57,613.83
Monthly payment $594.07

Residual 64%
Money Factor 0.00110 (I don't know why, but this is higher than the 0.0009 that is going around in this forum)

When I do the math, using selling price of $52,458, monthly payment should be $574. Am I missing something?...how'd they get $594.07. Also, the sales tax that is shown as a line item, is that divided over the 36 months of term of the lease (so am I paying a portion of that over 36 months)? Sales tax in my area is 8%.

Finally, is this a good deal or is there room to bring down the negotiated price? Thank you all for your help/advice/input.

Tax rules vary by state.. Which one?

mac2015

kyfdx said:

Hello all, I'm just starting my search for a GS 350 F-Sport RWD in the Southern CA area. Got a quote from dealer and want to see if the math works out or if they're somehow sneaking in additional fees/costs? 12k/year for 36 months MSRP: $55,105 Initial price reduction $2,647 "Selling price" $52,458 Options $359 Sub-Total $52,817 Fees $562.75 Sales Tax $4,234.08 Balance Due $57,613.83 Monthly payment $594.07 Residual 64% Money Factor 0.00110 (I don't know why, but this is higher than the 0.0009 that is going around in this forum) When I do the math, using selling price of $52,458, monthly payment should be $574. Am I missing something?...how'd they get $594.07. Also, the sales tax that is shown as a line item, is that divided over the 36 months of term of the lease (so am I paying a portion of that over 36 months)? Sales tax in my area is 8%. Finally, is this a good deal or is there room to bring down the negotiated price? Thank you all for your help/advice/input.

Tax rules vary by state.. Which one?

California

Michaell

mac2015 said:

kyfdx said:

mac2015 said:

Hello all,
I'm just starting my search for a GS 350 F-Sport RWD in the Southern CA area. Got a quote from dealer and want to see if the math works out or if they're somehow sneaking in additional fees/costs?

12k/year for 36 months

MSRP: $55,105
Initial price reduction $2,647
"Selling price" $52,458
Options $359
Sub-Total $52,817
Fees $562.75
Sales Tax $4,234.08
Balance Due $57,613.83
Monthly payment $594.07

Residual 64%
Money Factor 0.00110 (I don't know why, but this is higher than the 0.0009 that is going around in this forum)

When I do the math, using selling price of $52,458, monthly payment should be $574. Am I missing something?...how'd they get $594.07. Also, the sales tax that is shown as a line item, is that divided over the 36 months of term of the lease (so am I paying a portion of that over 36 months)? Sales tax in my area is 8%.

Finally, is this a good deal or is there room to bring down the negotiated price? Thank you all for your help/advice/input.

Tax rules vary by state.. Which one?

California

California applies sales tax to the monthly payment - not sure why there is a line item that quotes $4200 in sales tax. Dealer might think it's a purchase?

As noted, the MF is marked up on you. Politely but firmly explain that you won't sign a deal with an inflated MF. Work with a second Lexus dealer - the competition will only help you get the best pricing and terms.

cwelde

Can you please help with MF and residual in Wisconsin on a 2015 GS350 AWD F Sport both 10K and 12K miles for 24, 27 and 36 months? Thank you

Michaell

cwelde said:

Can you please help with MF and residual in Wisconsin on a 2015 GS350 AWD F Sport both 10K and 12K miles for 24, 27 and 36 months? Thank you

12K lease numbers

.00090 for all terms

24 months 70%

27 months 69%

36 months 64%

Add 1% for 10K miles per year.

travispete1

You should be able to get a 57.6k loaded GS with 10k miles for around 51k before the 1800 lease cash and first month free payment.  Buy down the rate with multiple security deposits and you can be out the door under 400 a month with 1100 or so OOP

Michaell

travispete1 said:

You should be able to get a 57.6k loaded GS with 10k miles for around 51k before the 1800 lease cash and first month free payment.  Buy down the rate with multiple security deposits and you can be out the door under 400 a month with 1100 or so OOP

$1100 plus the monies for the security deposit

99bula

travispete1 said:

You should be able to get a 57.6k loaded GS with 10k miles for around 51k before the 1800 lease cash and first month free payment.  Buy down the rate with multiple security deposits and you can be out the door under 400 a month with 1100 or so OOP

Roughly $2,000 below invoice before the $1,800 lease cash? Wow.

Our last few new purchases have been BMWs and the general rule of thumb for negotiating sales price is invoice plus, generally $500-$1000 based on model. What's the strategy with Lexus? I assume there are dealer incentives that go against invoice?

mcb345

99bula said:

travispete1 said:

Our last few new purchases have been BMWs and the general rule of thumb for negotiating sales price is invoice plus, generally $500-$1000 based on model. What's the strategy with Lexus? I assume there are dealer incentives that go against invoice?

Seems like even if Lexus is giving them a 2-3% dealer holdback for each vehicle sold these dealer are still making $0 out in Cali. Is the dealerhold back just THAT high for the GS, 4%?? More than that??

travispete1

I think the strategy could be just to move cars to increase the allotment of 16s. I read that the 16s might be getting a refresh on the GS, to look a little more like the GS F that was just released. Please don't overpay for this car. Its a beauty, but the deals are out there, at least in Cali.

99bula

Yeah, I've seen really good deals in CA posted on other forums. Are CA dealers restricted from leasing to customers outside of their region? Might be worth paying shipping to the South. Anyone know of a sales person in the southeast that will give CA-like deals? I can't seem to find one.

Michaell

99bula said:

Yeah, I've seen really good deals in CA posted on other forums. Are CA dealers restricted from leasing to customers outside of their region? Might be worth paying shipping to the South. Anyone know of a sales person in the southeast that will give CA-like deals? I can't seem to find one.

I believe Lexus, like Toyota, has a single distributor for the entire SE region of the US. The lease numbers may be different and the dealers may not be willing to cut as great a deal on the selling price as other parts of the country.

fiveo215

Could you tell me the mf & residual for 36/15? AWD. Located in Pa. Thanks in advance. 

Michaell

fiveo215 said:

Could you tell me the mf & residual for 36/15? AWD. Located in Pa. Thanks in advance. 

.00090 and 62%

mikeyavelli69

Hey ALL!
NEW HERE! LOOKING FOR HELP
LEXUS GS 350 CRAFTED LINE F
MSRP 59,575
INVOICE 56,636.00

10k miles a year 33 months no money down just dmv fee bank fee due at signing (typical)
here in NYS
512 a month
Is this a good price?
I love the crafted line

Thanks, obvi the first month free promo is going towards cap cost reduction
any other ways to get this lower, dealer is telling me that LEXUS does NOT allow MSD
I have read they do
Thoughts
Much appreciated

Michaell

mikeyavelli69 said:

Hey ALL!
NEW HERE! LOOKING FOR HELP
LEXUS GS 350 CRAFTED LINE F
MSRP 59,575
INVOICE 56,636.00

10k miles a year 33 months no money down just dmv fee bank fee due at signing (typical)
here in NYS
512 a month
Is this a good price?
I love the crafted line

Thanks, obvi the first month free promo is going towards cap cost reduction
any other ways to get this lower, dealer is telling me that LEXUS does NOT allow MSD
I have read they do
Thoughts
Much appreciated

.00090 and 67% for 33/10.

Cannot do MSD in NY.

chisnowman

So I'm in the process of getting quotes in Illinois for a GS350 and I'm getting a lot of confusion and even push back when I mention MSD's. One of the sales guys said it wouldn't make a difference "because the MF is already so low." I know that's not true but I'm wondering if I should even bother with a salesmen who dismisses it right away.

Do you bring up the MSD's during the negotiation of the sales price or only when you're talking to the finance dept? Also does anyone know how much MF each MSD lowers? I've read .0001 and I've also seen .00008. The MF is already .0007 so I'm curious as to what is the lowest MF it can be lowered to.

Thanks for the all the info guys.

Michaell

chisnowman said:

So I'm in the process of getting quotes in Illinois for a GS350 and I'm getting a lot of confusion and even push back when I mention MSD's. One of the sales guys said it wouldn't make a difference "because the MF is already so low." I know that's not true but I'm wondering if I should even bother with a salesmen who dismisses it right away.

Do you bring up the MSD's during the negotiation of the sales price or only when you're talking to the finance dept? Also does anyone know how much MF each MSD lowers? I've read .0001 and I've also seen .00008. The MF is already .0007 so I'm curious as to what is the lowest MF it can be lowered to.

Thanks for the all the info guys.

Lots of Lexus dealers in the Chicagoland area - I'm sure there's one out there that will accommodate your desire to use MSD's to buy down the MF.

The lowest MF allowed by Lexus after MSDs is .00001

mikeyavelli69

Michaell said:

mikeyavelli69 said:

Hey ALL!
NEW HERE! LOOKING FOR HELP
LEXUS GS 350 CRAFTED LINE F
MSRP 59,575
INVOICE 56,636.00

10k miles a year 33 months no money down just dmv fee bank fee due at signing (typical)
here in NYS
512 a month
Is this a good price?
I love the crafted line

Thanks, obvi the first month free promo is going towards cap cost reduction
any other ways to get this lower, dealer is telling me that LEXUS does NOT allow MSD
I have read they do
Thoughts
Much appreciated

.00090 and 67% for 33/10.

Cannot do MSD in NY.

I know that, but I can still get the the car from an NJ dealer and do a few MSD to lower the money factor

Right?
I have not leased a lexus yet I currently have a 2013 G37x

I have heard others leasing in Jersey using MSD and registering the car in NY

Help!

mikeyavelli69

chisnowman said:

So I'm in the process of getting quotes in Illinois for a GS350 and I'm getting a lot of confusion and even push back when I mention MSD's. One of the sales guys said it wouldn't make a difference "because the MF is already so low." I know that's not true but I'm wondering if I should even bother with a salesmen who dismisses it right away.

Do you bring up the MSD's during the negotiation of the sales price or only when you're talking to the finance dept? Also does anyone know how much MF each MSD lowers? I've read .0001 and I've also seen .00008. The MF is already .0007 so I'm curious as to what is the lowest MF it can be lowered to.

Thanks for the all the info guys.

I believe you get your price the lowest you can and THEN mention that you want to use MSD
So you already have a low price on the car

It definitely helps the money factor

Michaell

mikeyavelli69 said:

Michaell said:

mikeyavelli69 said:

Hey ALL!
NEW HERE! LOOKING FOR HELP
LEXUS GS 350 CRAFTED LINE F
MSRP 59,575
INVOICE 56,636.00

10k miles a year 33 months no money down just dmv fee bank fee due at signing (typical)
here in NYS
512 a month
Is this a good price?
I love the crafted line

Thanks, obvi the first month free promo is going towards cap cost reduction
any other ways to get this lower, dealer is telling me that LEXUS does NOT allow MSD
I have read they do
Thoughts
Much appreciated

.00090 and 67% for 33/10.

Cannot do MSD in NY.

I know that, but I can still get the the car from an NJ dealer and do a few MSD to lower the money factor

Right?
I have not leased a lexus yet I currently have a 2013 G37x

I have heard others leasing in Jersey using MSD and registering the car in NY

Help!

Yes, I believe NJ dealers often lease to NY residents and can use MSD to lower the MF.

chisnowman

So I would like to thank everyone for your help. This was the deal I did today in the Chicagoland, IL area. I'm going to put all the numbers except the ones you can pretty much calculate on your own because I want anyone else shopping in my area to have complete transparency.

2015 GS 350 AWD
MSRP: 55415
36/15

Cap cost: 52075.52
Taxes: 1877.00
Acq fee: 700
Gross cap cost: 54652.52

The $1800 dealer cash was used as cap cost reduction.

Residual: 65%
MF: 0.0007

Amount due at lease signing or delivery
Cap cost reduction: $1800 (dealer lease cash)
First monthly payment: $514.63 (credit 1st monthly payment promo)
Refundable security deposit: $5175
Title fees: $95
License fees: $101
Acq fee: N/A (rolled into cap cost)
Document fee: $168.43
Electronic filing fee: $25
Total: $7879.06
$1800 + $514.63= $2314.63 to be paid by dealer as above
Net amount due at signing: $5564.43

Preliminary monthly payment was $574.80. This was higher because they charged the tax on the 9 MSD's I put down. I put down $575 * 9 for a total of $5175.

This lowered the MF to 0.00001 (the lowest it can go) and brought the payment to $514.63.

From looking at the deals online it looks like people are getting even lower sale prices in CA but after going around to 3-4 dealers back and forth, this was the best I could do in my area.

The sales manager was knowledgable about the MSD's but the finance guy had apparently never done it in the 8 years he's been there. They all kept saying since the MF is so low, why bother? But as you can see the savings are $60.17 *36 months= $2166.12 over the course of the lease. $2166.12/$5175= 41.8% return.

For anyone who has questions about this and is in the Chicagoland area, I'll be happy to answer anything.

jamesbond15

chisnowman said:

So I would like to thank everyone for your help. This was the deal I did today in the Chicagoland, IL area. I'm going to put all the numbers except the ones you can pretty much calculate on your own because I want anyone else shopping in my area to have complete transparency.

2015 GS 350 AWD
MSRP: 55415
36/15

....

The sales manager was knowledgable about the MSD's but the finance guy had apparently never done it in the 8 years he's been there. They all kept saying since the MF is so low, why bother? But as you can see the savings are $60.17 *36 months= $2166.12 over the course of the lease. $2166.12/$5175= 41.8% return.

For anyone who has questions about this and is in the Chicagoland area, I'll be happy to answer anything.

Congrats! It is great that you were able to do the MSD. I am shopping for a GS now too and hopefully can get them to do the MSD as well. I am really surprised they don't offer it more often. It is a great way to get the payments down, I feel like people would go for it.

osme02

chisnowman said:

So I would like to thank everyone for your help. This was the deal I did today in the Chicagoland, IL area. I'm going to put all the numbers except the ones you can pretty much calculate on your own because I want anyone else shopping in my area to have complete transparency.

2015 GS 350 AWD
MSRP: 55415
36/15

Cap cost: 52075.52
Taxes: 1877.00
Acq fee: 700
Gross cap cost: 54652.52

The $1800 dealer cash was used as cap cost reduction.

Residual: 65%
MF: 0.0007

Amount due at lease signing or delivery
Cap cost reduction: $1800 (dealer lease cash)
First monthly payment: $514.63 (credit 1st monthly payment promo)
Refundable security deposit: $5175
Title fees: $95
License fees: $101
Acq fee: N/A (rolled into cap cost)
Document fee: $168.43
Electronic filing fee: $25
Total: $7879.06
$1800 + $514.63= $2314.63 to be paid by dealer as above
Net amount due at signing: $5564.43

Preliminary monthly payment was $574.80. This was higher because they charged the tax on the 9 MSD's I put down. I put down $575 * 9 for a total of $5175.

This lowered the MF to 0.00001 (the lowest it can go) and brought the payment to $514.63.

From looking at the deals online it looks like people are getting even lower sale prices in CA but after going around to 3-4 dealers back and forth, this was the best I could do in my area.

The sales manager was knowledgable about the MSD's but the finance guy had apparently never done it in the 8 years he's been there. They all kept saying since the MF is so low, why bother? But as you can see the savings are $60.17 *36 months= $2166.12 over the course of the lease. $2166.12/$5175= 41.8% return.

For anyone who has questions about this and is in the Chicagoland area, I'll be happy to answer anything.

Not trying to be rude but your numbers are just slightly off on your MSD savings. Its actually $60.17*35 (your first month was free regardless of payment/MSD).

Your MSD should have been your payment AFTER the new rate, rounded to the nearest $25. Thus, $525*9= $4725 (at least that how it worked for my lease).

Are you sure your Residual was 65% on 36m/15k?

foilingfool

Could you tell me the mf & residual for 36/15 and 27/15? AWD. Located in Northeast Ohio. Thanks in advance.

Michaell

foilingfool said:

Could you tell me the mf & residual for 36/15 and 27/15? AWD. Located in Northeast Ohio. Thanks in advance.

No updated MF from Lexus yet this month.

Residuals are 67% and 62%

kyfdx

.00090 MF and $1800 lease cash, with complimentary 1st payment.

mmenard

I would like to know the MF and residual value for March of the 2015 GS 350 for a 27mth and 36mth lease 10K miles/year. Do they still offer the $1800 lease cash in March? Thank you

kyfdx

mmenard said:

I would like to know the MF and residual value for March of the 2015 GS 350 for a 27mth and 36mth lease 10K miles/year. Do they still offer the $1800 lease cash in March? Thank you

.00090 MF. $1800 lease cash. Complimentary 1st payment

70% and 65% residual.

carlgrim

Hi, I'm new to Lexus Leasing Located in Miami, FL and I'm Interested in Leasing a GS350 Sport. I wanted to ask for Money Factor and Residuals on 36 Month 12K and 15K.
Also I wanted some help regarding Taxes. When leasing a Car in South Florida do you pay the same amount in taxes as if you were buying the Car? Example if the Car sells for 50K * 6% = $3,000 in Taxes?
Please let me Know

kyfdx

carlgrim said:

Hi, I'm new to Lexus Leasing Located in Miami, FL and I'm Interested in Leasing a GS350 Sport. I wanted to ask for Money Factor and Residuals on 36 Month 12K and 15K.
Also I wanted some help regarding Taxes. When leasing a Car in South Florida do you pay the same amount in taxes as if you were buying the Car? Example if the Car sells for 50K * 6% = $3,000 in Taxes?
Please let me Know

.00090 MF and 64%/62% residual. $1800 lease cash. Complimentary 1st payment.

Florida taxes the monthly lease payment.. so, if your payment is $500+tax, then the post-tax payment will be $530.

Any CAP reductions (downpayments, rebates, etc) paid upfront are taxed upfront, as well.

eng

Please help clarify a lease question (for southwest OH). I am looking at a GS350AWD 3yr 36k mile lease. What is the money factor (.0009??), the residual (64%??), acq. fee, does the 1800 lease cash and 1st mo. payment promo apply??? What about the same information for remaining 2014s on the lot?? Are the lease terms as good or better? And lastly, how much does each MSD reduce the original money factor by and is there a minimum rate that you can reduce to? Thanks so much for the information.

kyfdx

eng said:

Please help clarify a lease question (for southwest OH). I am looking at a GS350AWD 3yr 36k mile lease. What is the money factor (.0009??), the residual (64%??), acq. fee, does the 1800 lease cash and 1st mo. payment promo apply??? What about the same information for remaining 2014s on the lot?? Are the lease terms as good or better? And lastly, how much does each MSD reduce the original money factor by and is there a minimum rate that you can reduce to? Thanks so much for the information.

Yes to all of your numbers regarding the 2015 model.

We don't have any info on leasing 2014 Lexus models. I would expect the lease terms to be poor, though.

I don't have the Lexus MSD program info, unfortunately. Most makes require a minimum of .00005 or .00001 for the MF, though I'm not sure of the Lexus Finance minimum.

eng

Great...thanks for your response. I wasn't sure if the 1800 cash and 1st month promo applied to my geographical area. This site is a GREAT HELP.

allready

Payment Details
Term36
Base Payment495.78
Total Payment535.45
Purchase Option36,918.40
MSRP57,685.00
Est. Miles Per Year12,000
Disposition Fee350.00
Excess Mileage Charge0.25




Amount Due at Signing
1st Month Payment535.45
Fees & Insurance594.75
Upfront Taxes95.20
Total Inception Fees1,225.40
Rebate as Cap Reduction1,110.05
Total Drive Off2,335.45

How Inception Fees are Paid
Rebate as Drive Off1,225.40
Total Credits1,225.40

Remaining Due (Still Owed)0.00

Total Cash Required on delivery 0.00

out of 3 dealers this is the best deal i got can u tell me 0 drive off 535.45 a month 36m 12k is it a good deal or can i get better.

kyfdx

I don't know if you can get better, but $495/mo+tax on a $57K car is a great deal. And, only 35 payments!

eng

One last question for kyfdx if I may, is there a 24mo. 24k mile lease available on this model? Residual rate? MF still the same? Thanks again.

kyfdx

eng said:

One last question for kyfdx if I may, is there a 24mo. 24k mile lease available on this model? Residual rate? MF still the same? Thanks again.

70% residual. same money factor

chisnowman

osme02 said:

chisnowman said:

So I would like to thank everyone for your help. This was the deal I did today in the Chicagoland, IL area. I'm going to put all the numbers except the ones you can pretty much calculate on your own because I want anyone else shopping in my area to have complete transparency.

2015 GS 350 AWD
MSRP: 55415
36/15

Cap cost: 52075.52
Taxes: 1877.00
Acq fee: 700
Gross cap cost: 54652.52

The $1800 dealer cash was used as cap cost reduction.

Residual: 65%
MF: 0.0007

Amount due at lease signing or delivery
Cap cost reduction: $1800 (dealer lease cash)
First monthly payment: $514.63 (credit 1st monthly payment promo)
Refundable security deposit: $5175
Title fees: $95
License fees: $101
Acq fee: N/A (rolled into cap cost)
Document fee: $168.43
Electronic filing fee: $25
Total: $7879.06
$1800 + $514.63= $2314.63 to be paid by dealer as above
Net amount due at signing: $5564.43

Preliminary monthly payment was $574.80. This was higher because they charged the tax on the 9 MSD's I put down. I put down $575 * 9 for a total of $5175.

This lowered the MF to 0.00001 (the lowest it can go) and brought the payment to $514.63.

From looking at the deals online it looks like people are getting even lower sale prices in CA but after going around to 3-4 dealers back and forth, this was the best I could do in my area.

The sales manager was knowledgable about the MSD's but the finance guy had apparently never done it in the 8 years he's been there. They all kept saying since the MF is so low, why bother? But as you can see the savings are $60.17 *36 months= $2166.12 over the course of the lease. $2166.12/$5175= 41.8% return.

For anyone who has questions about this and is in the Chicagoland area, I'll be happy to answer anything.

Not trying to be rude but your numbers are just slightly off on your MSD savings. Its actually $60.17*35 (your first month was free regardless of payment/MSD).

Your MSD should have been your payment AFTER the new rate, rounded to the nearest $25. Thus, $525*9= $4725 (at least that how it worked for my lease).

Are you sure your Residual was 65% on 36m/15k?

Yes you are right about the savings I calculated with the MSD. The finance guy was pretty clueless on how the MSD worked so it's entirely possible he calculated the MSD incorrectly and used the old monthly payment. It results in them holding on to about an extra $450.

The residual should be correct, at least from what I've saw from the other quotes and posts in this thread.

jc3218

I live in Ohio and I am looking at leasing a GS350 AWD with an MSRP of $60,084. I have a few questions.

1.) Can you provide me the MF and Residuals.
24 mos/15k
27 mos/15k
36 mos/15k

2.) What is the best price I could negotiate with a dealer? (Most Reasonable Price)☺
At minimum, should I aim for 15% off the MSRP? In this case it would be $51,071.40

3.) I do not plan to put any money down. Can you tell me what costs I will have to cover once we come to terms on a deal? (Acq. Fee, Tax, Title, etc.)

4.) Can you provide a payment break down using the 15% off price?

5.) Lastly, what negotiation approach do you recommend? Go to the dealer or send an email to multiple dealers providing the numbers I’m looking for?


Thank you in advance for your assistance.

kyfdx

jc3218 said:

I live in Ohio and I am looking at leasing a GS350 AWD with an MSRP of $60,084. I have a few questions.

1.) Can you provide me the MF and Residuals.
24 mos/15k
27 mos/15k
36 mos/15k

2.) What is the best price I could negotiate with a dealer? (Most Reasonable Price)☺
At minimum, should I aim for 15% off the MSRP? In this case it would be $51,071.40

3.) I do not plan to put any money down. Can you tell me what costs I will have to cover once we come to terms on a deal? (Acq. Fee, Tax, Title, etc.)

4.) Can you provide a payment break down using the 15% off price?

5.) Lastly, what negotiation approach do you recommend? Go to the dealer or send an email to multiple dealers providing the numbers I’m looking for?


Thank you in advance for your assistance.

.00090 MF and 68%/67%/62% residual

jc3218

I have a question re: the March Sales event for the GS 350 F Sport AWD.. The lease offer is as follows:

$449 mo. x 36 mos. for 10K

The offer is based on the MSRP of $56,415.

What is the MF and Residual being used? I am trying to determine how the payment was calculated.

Thanks