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2016 Lexus IS Lease Questions

kyfdxkyfdx Posts: 119,846
edited November 2015 in Lexus
Ask your IS lease questions here!

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Edmunds Moderator

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  • What is the money factor on the 2016 IS300 on a 36m/12k lease for November? Thanks ahead of time!
  • kyfdxkyfdx Posts: 119,846

    What is the money factor on the 2016 IS300 on a 36m/12k lease for November? Thanks ahead of time!

    .00100 MF and 66% residual. Complimentary 1st payment

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

    Edmunds Moderator

  • Thank you!

    So the dealer I'm working with is offering the following, any thoughts good or bad?

    2016 Lexus IS300
    36m/12k

    MSRP - 43724
    Sales Price (Cap Cost) - 41,367
    Money Factor - .0007
    Down Payment - 2600
    Residual - 28847
    Sales tax 7.25
    Payments with tax - $411

    When I ran those through the Leaseguide.com calculator it came up with like $356.52. Could I have messed up the lease calculation that bad? (I ask that fully understanding that I could have :smile: )
  • MichaellMichaell ColoradoPosts: 110,228

    Thank you!

    So the dealer I'm working with is offering the following, any thoughts good or bad?

    2016 Lexus IS300
    36m/12k

    MSRP - 43724
    Sales Price (Cap Cost) - 41,367
    Money Factor - .0007
    Down Payment - 2600
    Residual - 28847
    Sales tax 7.25
    Payments with tax - $411

    When I ran those through the Leaseguide.com calculator it came up with like $356.52. Could I have messed up the lease calculation that bad? (I ask that fully understanding that I could have :smile: )

    Can't help you with the lease calculator - often, they make assumptions we know nothing about.

    Using your numbers, I get $425.39/mo.

    How is the $2600 down being applied (taxes, fees, down payment)?

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    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Thanks Michaell - down payment is going about 1500 bucks towards taxes/fees, the rest down payment. However, it kind of looks like they may have used a portion of that for MSDs b/c the money factor is lower than published.
  • MichaellMichaell ColoradoPosts: 110,228

    Thanks Michaell - down payment is going about 1500 bucks towards taxes/fees, the rest down payment. However, it kind of looks like they may have used a portion of that for MSDs b/c the money factor is lower than published.

    That is possible, but I've never heard of a dealer 'automatically' setting up MSDs without the customers explicit desire to do so.

    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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    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • What are the numbers for the IS300 AWD F Sport?
  • kyfdxkyfdx Posts: 119,846
    dibby11 said:

    What are the numbers for the IS300 AWD F Sport?

    .00100 MF and 64% residual for 36mo, 15K/yr. Complimentary 1st payment.

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

    Edmunds Moderator

  • What are the numbers for a 2016 IS350 27months/15k miles? How do they compare to the the 300 and 200t?

    Is there a "sweet spot" so to speak when trying to decide months and mileage?

    Thank you for your help
  • MichaellMichaell ColoradoPosts: 110,228
    matt5555 said:

    What are the numbers for a 2016 IS350 27months/15k miles? How do they compare to the the 300 and 200t?

    Is there a "sweet spot" so to speak when trying to decide months and mileage?

    Thank you for your help

    69%for 27/15 on the 350; 70% for the 200 and 300.

    .00100 MF for all three models. First payment complimentary.

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


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:

    matt5555 said:

    What are the numbers for a 2016 IS350 27months/15k miles? How do they compare to the the 300 and 200t?

    Is there a "sweet spot" so to speak when trying to decide months and mileage?

    Thank you for your help

    69%for 27/15 on the 350; 70% for the 200 and 300.

    .00100 MF for all three models. First payment complimentary.
    how much do the numbers change for a 3yr/15k and 3yr/12k?

    Thanks again

  • MichaellMichaell ColoradoPosts: 110,228
    matt5555 said:

    Michaell said:

    matt5555 said:

    What are the numbers for a 2016 IS350 27months/15k miles? How do they compare to the the 300 and 200t?

    Is there a "sweet spot" so to speak when trying to decide months and mileage?

    Thank you for your help

    69%for 27/15 on the 350; 70% for the 200 and 300.

    .00100 MF for all three models. First payment complimentary.
    how much do the numbers change for a 3yr/15k and 3yr/12k?

    Thanks again

    Same MF.

    36/15 - 64% for 200t and 300; 63% for 350.

    Add 2% for 12K miles.

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


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • sneakyricosneakyrico Posts: 5
    edited November 2015
    How different is the money factor/residual on 39 months/12K on the IS 300? Thank you! Dealer told me it was .00180.
  • kyfdxkyfdx Posts: 119,846

    How different is the money factor/residual on 39 months/12K on the IS 300? Thank you! Dealer told me it was .00180.

    Same numbers for the IS300 as the 200t

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

    Edmunds Moderator

  • dmanf51dmanf51 Posts: 18
    edited November 2015
    Hey Michaell & kyfdx, what are the current numbers for 200t @ 36mo. 10k? I'm being quoted $425 a month with just taxes and tags down.

    Thanks
  • kyfdxkyfdx Posts: 119,846
    dmanf51 said:

    Hey Michaell & kyfdx, what are the current numbers for 200t @ 36mo. 10k? I'm being quoted $425 a month with just taxes and tags down.

    Thanks

    .00100 MF and 67% residual. Complimentary 1st payment

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

    Edmunds Moderator

  • kyfdx said:

    dmanf51 said:

    Hey Michaell & kyfdx, what are the current numbers for 200t @ 36mo. 10k? I'm being quoted $425 a month with just taxes and tags down.

    Thanks

    .00100 MF and 67% residual. Complimentary 1st payment
    Thanks again, w/$1600 down does that sound about right?
  • kyfdxkyfdx Posts: 119,846
    dmanf51 said:

    kyfdx said:

    dmanf51 said:

    Hey Michaell & kyfdx, what are the current numbers for 200t @ 36mo. 10k? I'm being quoted $425 a month with just taxes and tags down.

    Thanks

    .00100 MF and 67% residual. Complimentary 1st payment
    Thanks again, w/$1600 down does that sound about right?
    dmanf51 said:

    kyfdx said:

    dmanf51 said:

    Hey Michaell & kyfdx, what are the current numbers for 200t @ 36mo. 10k? I'm being quoted $425 a month with just taxes and tags down.

    Thanks

    .00100 MF and 67% residual. Complimentary 1st payment
    Thanks again, w/$1600 down does that sound about right?
    No idea... would need MSRP and selling price to calculate a payment.

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

    Edmunds Moderator

  • aseijasaseijas NJPosts: 3
    What's the current MF and residual for 2016 IS 300 F Sport 36/12,000 - they are running their December to Remember event. Not sure if its best time to lease. Thanks,
  • MichaellMichaell ColoradoPosts: 110,228
    aseijas said:

    What's the current MF and residual for 2016 IS 300 F Sport 36/12,000 - they are running their December to Remember event. Not sure if its best time to lease. Thanks,

    .00100 and 66%. Complimentary first payment.

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


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • aseijasaseijas NJPosts: 3
    Thanks for the quick response! So if my calculations are right...I should have a lease payment around 460... What are you thoughts?

    Type of Car Lexus IS 300 F Sport
    MSRP 47,298.00
    Dealer Invoice 43,669.00
    Residual % 66%
    Residual Value 31,216.68 = (66% * 47,298)
    Mileage 12,000
    Cap Cost Reduction - Discounted Car price 43,980.00
    Depreciation Value 12,763.32 = (47,298 - 31,216.68)
    Term (months) 36
    Depreciation FEE 354.54 = (12,763.32/36)
    Money Factor 0.001
    Finance FEE 75.20 = ((43,980+31216,68)*.001)
    Lease Cost without tax 429.73 = (354.54+75.20)
    NJ Taxes 30.08 (429.73 * 7% )
    Monthly Lease Cost 459.81 = (429.73+30.08)

    DMV Fees ?
    Other fees ?
    Termination Fee at lease end ?
  • kyfdxkyfdx Posts: 119,846
    aseijas said:

    Thanks for the quick response! So if my calculations are right...I should have a lease payment around 460... What are you thoughts?

    Type of Car Lexus IS 300 F Sport
    MSRP 47,298.00
    Dealer Invoice 43,669.00
    Residual % 66%
    Residual Value 31,216.68 = (66% * 47,298)
    Mileage 12,000
    Cap Cost Reduction - Discounted Car price 43,980.00
    Depreciation Value 12,763.32 = (47,298 - 31,216.68)
    Term (months) 36
    Depreciation FEE 354.54 = (12,763.32/36)
    Money Factor 0.001
    Finance FEE 75.20 = ((43,980+31216,68)*.001)
    Lease Cost without tax 429.73 = (354.54+75.20)
    NJ Taxes 30.08 (429.73 * 7% )
    Monthly Lease Cost 459.81 = (429.73+30.08)

    DMV Fees ?
    Other fees ?
    Termination Fee at lease end ?

    Figure $400 for NJ DMV fees
    $700 LFS acquisition fee
    Dealer doc fee ($150-$400?)

    Also, NJ calculates the tax on the sum of payments and other taxable amounts paid upfront, then it's due at signing, either paid upfront or added to the CAP cost.

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

    Edmunds Moderator

  • ry12ry12 Posts: 6
    Hello,

    Any info on December lease incentives for the IS200t - 36/12k miles in SoCal? Thanks in advance!
  • Did the numbers change for Dec. on a 36 mo. 10k IS200t?? Is it still .00100 and 67%?

    Thanks!
  • kyfdxkyfdx Posts: 119,846
    ry12 said:

    Hello,

    Any info on December lease incentives for the IS200t - 36/12k miles in SoCal? Thanks in advance!

    .00100 MF and 66% residual. Complimentary 1st payment.

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

    Edmunds Moderator

  • kyfdxkyfdx Posts: 119,846
    dmanf51 said:

    Did the numbers change for Dec. on a 36 mo. 10k IS200t?? Is it still .00100 and 67%?

    Thanks!

    No change

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

    Edmunds Moderator

  • ry12ry12 Posts: 6
    thank you!
  • Are the IS300 and IS300 F Sports numbers the same in December?
  • MichaellMichaell ColoradoPosts: 110,228
    dibby11 said:

    Are the IS300 and IS300 F Sports numbers the same in December?

    Yes.

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


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • I'm looking for the MF (top tier) and residual for an IS 300 AWD F Sport for both 36/12K and 36/15K in Colorado. Thanks in advance!

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