2016 Lexus IS Lease Questions

gastromd

Thank you! Any info on current lease incentives such as lease cash, conquest cash, etc?

Michaell

gastromd said:

Thank you! Any info on current lease incentives such as lease cash, conquest cash, etc?

None that we see at this time.

gastromd

kyfdx said:

Hi everyone,
looking into leasing an IS300 here in MA. Dont need much mileage. Does Lexus Financial do 7.5/36 leases? Would appreciate the March MF and RV for this model with 7.5/36 (if this exists) and 10/36. Also any info on lease incentives this month? Thanks!

.00060 MF and 67%/66% residual for 7.5K/10K/yr. + complimentary 1st payment.

Thank you! Do you know of any incentives such as lease cash or conquest cash?

Michaell

gastromd said:

kyfdx said:

gastromd said:

Hi everyone,
looking into leasing an IS300 here in MA. Dont need much mileage. Does Lexus Financial do 7.5/36 leases? Would appreciate the March MF and RV for this model with 7.5/36 (if this exists) and 10/36. Also any info on lease incentives this month? Thanks!

.00060 MF and 67%/66% residual for 7.5K/10K/yr. + complimentary 1st payment.

Thank you! Do you know of any incentives such as lease cash or conquest cash?

None that we're aware of.

nyranger86

There are definitely incentives... I had to sign something giving it to the dealer ($795 - On Rebates and Non-Cash Credits line item on lease agreement).  

2016 IS300 AWD F-Sport

MSRP: $47,298
Sale Price: $42,311.91
36 Months
15k Miles 
Trade only down ($5,500) 
$295/month 

Cap Cost Reduction
$4,279.62
Acq Fee
$700
Doc Fee
$600 
Rent Charge (???) 
$1,725.84 

Is this a good deal? 

kyfdx

nyranger86 said:

There are definitely incentives... I had to sign something giving it to the dealer ($795 - On Rebates and Non-Cash Credits line item on lease agreement).  

2016 IS300 AWD F-Sport

MSRP: $47,298
Sale Price: $42,311.91
36 Months
15k Miles 
Trade only down ($5,500) 
$295/month 

Cap Cost Reduction
$4,279.62
Acq Fee
$700
Doc Fee
$600 
Rent Charge (???) 
$1,725.84 

Is this a good deal? 

Is $5500 the total amount due at signing?

If so, looks good.

Rent charge is the total finance charges on the lease.

zoolking

MSRP 41713
Savings 2738
Rebate 374.99
Cap Cost/MVP 38975
Sales Tax 603.11
Dealer/State Fees 502.20
Customer Cash 1999
Net Residual 27530.58 (66%)
MF 0.00095
Drive off 2373.99
9 MSD's offered but small change in payment

Monthly lease payment 374.99

My questions below:
1) Is this a good deal on the lease?
2) Think I can counter for more off the cap cost?
3) According to the Lexus website, first month's payment is complimentary - why is that included as part of my drive off?
4) Am I able to understand where the customer cash is going towards? With my calculations, it seems only $1300 of the $2000 is going towards cap cost reduction

Thanks in advance.

kyfdx

zoolking said:

MSRP 41713
Savings 2738
Rebate 374.99
Cap Cost/MVP 38975
Sales Tax 603.11
Dealer/State Fees 502.20
Customer Cash 1999
Net Residual 27530.58 (66%)
MF 0.00095
Drive off 2373.99
9 MSD's offered but small change in payment

Monthly lease payment 374.99

My questions below:
1) Is this a good deal on the lease?
2) Think I can counter for more off the cap cost?
3) According to the Lexus website, first month's payment is complimentary - why is that included as part of my drive off?
4) Am I able to understand where the customer cash is going towards? With my calculations, it seems only $1300 of the $2000 is going towards cap cost reduction

Thanks in advance.

1) The calculations are correct.
2) We don't track selling prices
3) Because the payment has to be accounted for. Your drive-off is $374.99 more than the actual cash you have to come up with. That $374.99 is covered by the rebate.
4) The one charge missing is the $700 acquisition fee. Looks like your $1999 covers tax, fees, $700 acquisition fee, and maybe a little bit of CAP cost reduction (about $200).

Not sure why the MSDs didn't make a bigger change to the payment. I'd ask them to run the numbers on that, as well. How much did it change?

gastromd

Hi all, Just leased my new 2016 IS300, would appreciate your take on this deal. 36/7.5K. MSRP 45,094 Sale price 40,728 Acq fee 700 Doc fee 524 Gross cap cost 41,952 Cap cost reduction 335 Adjusted Cap Cost 41,617 Residual value (67%) 30,213 Rent charge 1810 (they swore over and over that the MF on this model was 0.00070 not 0.00060 as I had thought) Base monthly payment 367 Tax (MA, 6.25%) 23 Total monthly payment $390 Amount due at signing (all paid by dealer) $890 (this is composed of the 335 cap reduction, plus $165 title/reg, plus the first months payment of $390. So altogether I walk away with zero total out of pocket and 35 monthly payments of 390. In addition they paid the last month of my current lease ($260). How did I do?

Michaell

gastromd said:

Hi all,
Just leased my new 2016 IS300, would appreciate your take on this deal. 36/7.5K.

MSRP 45,094
Sale price 40,728
Acq fee 700
Doc fee 524
Gross cap cost 41,952
Cap cost reduction 335
Adjusted Cap Cost 41,617
Residual value (67%) 30,213
Rent charge 1810 (they swore over and over that the MF on this model was 0.00070 not 0.00060 as I had thought)
Base monthly payment 367
Tax (MA, 6.25%) 23
Total monthly payment $390

Amount due at signing (all paid by dealer) $890 (this is composed of the 335 cap reduction, plus $165 title/reg, plus the first months payment of $390.

So altogether I walk away with zero total out of pocket and 35 monthly payments of 390. In addition they paid the last month of my current lease ($260).

How did I do?

You did fine - $390/mo on a car that stickers at $45K is a good deal.

Enjoy your new IS for the next 3 years, and thanks for sharing your deal details with us.

gastromd

Michaell said:

Hi all, Just leased my new 2016 IS300, would appreciate your take on this deal. 36/7.5K. MSRP 45,094 Sale price 40,728 Acq fee 700 Doc fee 524 Gross cap cost 41,952 Cap cost reduction 335 Adjusted Cap Cost 41,617 Residual value (67%) 30,213 Rent charge 1810 (they swore over and over that the MF on this model was 0.00070 not 0.00060 as I had thought) Base monthly payment 367 Tax (MA, 6.25%) 23 Total monthly payment $390 Amount due at signing (all paid by dealer) $890 (this is composed of the 335 cap reduction, plus $165 title/reg, plus the first months payment of $390. So altogether I walk away with zero total out of pocket and 35 monthly payments of 390. In addition they paid the last month of my current lease ($260). How did I do?

You did fine - $390/mo on a car that stickers at $45K is a good deal. Enjoy your new IS for the next 3 years, and thanks for sharing your deal details with us.

Thanks for all of your guidance. BTW I did see a monthly incentive sheet during my negotiations. There is anywhere from $500-$100 lease cash available, depending on the model. It was $500 for the IS (used in my case for a cap cost reduction and to cover reg fees). And of course the complimentary first month in addition.

vankout

Hello

Does anyone know how the $2649 due at signing indicated on the advertised deal for the 2016 IS300 is applied to? Does it all go towards cap reduction or fees are included? Using a lease calculator I cannot make the numbers of the standard deal work with MFacebook 0.0006 and 66% residual work unless the car is discounted a couple of thousand. That indicated to me that there is some kind of hidden cash somewhere that Lexus provides. Anybody tried it?

I was offered 36/10k around 360 plus tax with 4100 down (they added 1500 worth of fees on top of the down-payment of 2600). The car msrp is 46K they offered it for 46K. I am not happy with the deal state is MI btw.

Please let me know what your thought are thank you in advance.

Michaell

vankout said:

Hello

Does anyone know how the $2649 due at signing indicated on the advertised deal for the 2016 IS300 is applied to? Does it all go towards cap reduction or fees are included? Using a lease calculator I cannot make the numbers of the standard deal work with MFacebook 0.0006 and 66% residual work unless the car is discounted a couple of thousand. That indicated to me that there is some kind of hidden cash somewhere that Lexus provides. Anybody tried it?

I was offered 36/10k around 360 plus tax with 4100 down (they added 1500 worth of fees on top of the down-payment of 2600). The car msrp is 46K they offered it for 46K. I am not happy with the deal state is MI btw.

Please let me know what your thought are thank you in advance.

Any regional or national offer assumes some sort of dealer 'contribution' (aka discount from sticker). Any monies due up front are treated as cap cost reduction (down payment).

You are right - no discount from sticker and $4100 down is not a good deal. Might be time to try another dealer.

vankout

Michaell said:

vankout said:

Hello

Does anyone know how the $2649 due at signing indicated on the advertised deal for the 2016 IS300 is applied to? Does it all go towards cap reduction or fees are included? Using a lease calculator I cannot make the numbers of the standard deal work with MFacebook 0.0006 and 66% residual work unless the car is discounted a couple of thousand. That indicated to me that there is some kind of hidden cash somewhere that Lexus provides. Anybody tried it?

I was offered 36/10k around 360 plus tax with 4100 down (they added 1500 worth of fees on top of the down-payment of 2600). The car msrp is 46K they offered it for 46K. I am not happy with the deal state is MI btw.

Please let me know what your thought are thank you in advance.

Any regional or national offer assumes some sort of dealer 'contribution' (aka discount from sticker). Any monies due up front are treated as cap cost reduction (down payment).

You are right - no discount from sticker and $4100 down is not a good deal. Might be time to try another dealer.

Thank you for your response Michael. Unfortunately my original posting had a type. MSRP was 46K and it was offered at 44K. Would that change your reaction to the deal? I still believe that they can do more discount.

Michaell

vankout said:

Michaell said:

vankout said:

Hello

Does anyone know how the $2649 due at signing indicated on the advertised deal for the 2016 IS300 is applied to? Does it all go towards cap reduction or fees are included? Using a lease calculator I cannot make the numbers of the standard deal work with MFacebook 0.0006 and 66% residual work unless the car is discounted a couple of thousand. That indicated to me that there is some kind of hidden cash somewhere that Lexus provides. Anybody tried it?

I was offered 36/10k around 360 plus tax with 4100 down (they added 1500 worth of fees on top of the down-payment of 2600). The car msrp is 46K they offered it for 46K. I am not happy with the deal state is MI btw.

Please let me know what your thought are thank you in advance.

Any regional or national offer assumes some sort of dealer 'contribution' (aka discount from sticker). Any monies due up front are treated as cap cost reduction (down payment).

You are right - no discount from sticker and $4100 down is not a good deal. Might be time to try another dealer.

Thank you for your response Michael. Unfortunately my original posting had a type. MSRP was 46K and it was offered at 44K. Would that change your reaction to the deal? I still believe that they can do more discount.

Each $1000 off the price reduces your pre-tax payment about $28/mo on a 36 month lease.

Still, we don't recommend a down payment - that money is lost if the car is stolen or totaled.

furbiticus

I would like to know the MF and Res for IS200t F-Sport MSRP 42k in S. Florida along with any available incentives. 36/12 and 39/12 please. What's the lowest you guys think i can get it down to? 37-38k?

furbiticus

Also with an RC200t please.

Thank you

kyfdx

furbiticus said:

I would like to know the MF and Res for IS200t F-Sport MSRP 42k in S. Florida along with any available incentives. 36/12 and 39/12 please. What's the lowest you guys think i can get it down to? 37-38k?

.00060 MF and 62%/60% residual. $500 lease cash.

kyfdx

furbiticus said:

Also with an RC200t please.

Thank you

RC questions here, please:
http://forums.edmunds.com/discussion/40211/lexus/rc-200t/2016-rc-200t-lease-questions?new=1

vegasduatin

Looking at 2016 IS200t Fsport in Henderson Nevada.
MSRP-45063
Dealer discount/rebate - 2763
cap cost - 42300
Accessories - 990 (paint protection and tint, not sure if this is included in cap cost)
11500 trade allow
11000 trade payoff
.0007 MF (from dealer)
36mo/10,000
tax - 8.15%
no additional cash down
Payment - 551.41

Don't feel like this is all that great from what I have seen above.
Does this look right? Am I missing something?

Michaell

vegasduatin said:

Looking at 2016 IS200t Fsport in Henderson Nevada.
MSRP-45063
Dealer discount/rebate - 2763
cap cost - 42300
Accessories - 990 (paint protection and tint, not sure if this is included in cap cost)
11500 trade allow
11000 trade payoff
.0007 MF (from dealer)
36mo/10,000
tax - 8.15%
no additional cash down
Payment - 551.41

Don't feel like this is all that great from what I have seen above.
Does this look right? Am I missing something?

63% and .00095 are the numbers I show.

Need to know the adjusted cap cost (including any up front fees) to run the numbers.

furbiticus

kyfdx said:

furbiticus said:

I would like to know the MF and Res for IS200t F-Sport MSRP 42k in S. Florida along with any available incentives. 36/12 and 39/12 please. What's the lowest you guys think i can get it down to? 37-38k?

.00060 MF and 62%/60% residual. $500 lease cash.

Thank you very much

vegasduatin

Michaell said:

vegasduatin said:

Looking at 2016 IS200t Fsport in Henderson Nevada.
MSRP-45063
Dealer discount/rebate - 2763
cap cost - 42300
Accessories - 990 (paint protection and tint, not sure if this is included in cap cost)
11500 trade allow
11000 trade payoff
.0007 MF (from dealer)
36mo/10,000
tax - 8.15%
no additional cash down
Payment - 551.41

Don't feel like this is all that great from what I have seen above.
Does this look right? Am I missing something?

63% and .00095 are the numbers I show.

Need to know the adjusted cap cost (including any up front fees) to run the numbers.

Got the detailed breakdown from the dealer. Here's the full skinny

Market Value - 45063
Discount - 2763
selling price - 42300
Accessories - 990
doc prep fee - 699.99
license/title - 79.24
Acquisition fee - 700
Tax on Collected items - 84.27
capitalized initial fees - 534.53
total Cap - 45388.03
trade allow - 11500
trade payoff - 11000
rebate savings - 534
Net cap cost - 44,354

Base Payment - 494.25
Monthly tax - 40.28
36 mo payment - 534.53

capitalized initial fees - -534.53
1st payment - 534.53
Due on Del - 0.00

Rate - .0007
ann miles - 10,000
Residual % - 60+3=63%
Residual amount - 28389.69

Tax - 8.15%

This still doesn't feel like a good deal to me. I have asked the dealer to reevaluate without any trade (don't have to trade current car - 2010 MB C300 67k mi)

Also the "Accessories" are
Lexus of H Protection - $394
Tinted Windows - $595

kyfdx

vegasduatin said:

Michaell said:

vegasduatin said:

Looking at 2016 IS200t Fsport in Henderson Nevada.
MSRP-45063
Dealer discount/rebate - 2763
cap cost - 42300
Accessories - 990 (paint protection and tint, not sure if this is included in cap cost)
11500 trade allow
11000 trade payoff
.0007 MF (from dealer)
36mo/10,000
tax - 8.15%
no additional cash down
Payment - 551.41

Don't feel like this is all that great from what I have seen above.
Does this look right? Am I missing something?

63% and .00095 are the numbers I show.

Need to know the adjusted cap cost (including any up front fees) to run the numbers.

Got the detailed breakdown from the dealer. Here's the full skinny

Market Value - 45063
Discount - 2763
selling price - 42300
Accessories - 990
doc prep fee - 699.99
license/title - 79.24
Acquisition fee - 700
Tax on Collected items - 84.27
capitalized initial fees - 534.53
total Cap - 45388.03
trade allow - 11500
trade payoff - 11000
rebate savings - 534
Net cap cost - 44,354

Base Payment - 494.25
Monthly tax - 40.28
36 mo payment - 534.53

capitalized initial fees - -534.53
1st payment - 534.53
Due on Del - 0.00

Rate - .0007
ann miles - 10,000
Residual % - 60+3=63%
Residual amount - 28389.69

Tax - 8.15%

This still doesn't feel like a good deal to me. I have asked the dealer to reevaluate without any trade (don't have to trade current car - 2010 MB C300 67k mi)

Also the "Accessories" are
Lexus of H Protection - $394
Tinted Windows - $595

Doc fee and $1000 of accessories adds $50/mo. to a 36 month lease.
$50/mo is the difference between an average deal and a great deal.

cb4d

Can I get MF and RV on a 2016 Lexus IS200t in SC? 10k/year lease. Thanks!

kyfdx

cb4d said:

Can I get MF and RV on a 2016 Lexus IS200t in SC? 10k/year lease. Thanks!

.00070 MF and 63% residual for 36 months. $500 lease cash

eticket99

April MF and residual for 2016 IS350 36/10 & 36/7.5? Incentives? Thanks.

kyfdx

eticket99 said:

April MF and residual for 2016 IS350 36/10 & 36/7.5? Incentives? Thanks.

.00075-.00095 MF, depending on region. 62%/63% residual. $500 lease cash.

is350atl

Hi, what is the residual for an IS 350 F Sport with 24 months, 7.5k/year? Thanks!

Michaell

is350atl said:

Hi, what is the residual for an IS 350 F Sport with 24 months, 7.5k/year? Thanks!

68%

eticket99

kyfdx said:

eticket99 said:

April MF and residual for 2016 IS350 36/10 & 36/7.5? Incentives? Thanks.

.00075-.00095 MF, depending on region. 62%/63% residual. $500 lease cash.

Northeast MA? Is it the same for AWD f sport?

Michaell

eticket99 said:

kyfdx said:

eticket99 said:

April MF and residual for 2016 IS350 36/10 & 36/7.5? Incentives? Thanks.

.00075-.00095 MF, depending on region. 62%/63% residual. $500 lease cash.

Northeast MA? Is it the same for AWD f sport?

Yes, same numbers for F Sport.

We don't have the specific numbers for New England, but the range provided should give you an idea.

bseebeck

Looking for April numbers (Residual & MF) for IS 300 F Sport lease 36 mo 12k/yr in Seattle, WA (PNW region)
Thanks!

Michaell

bseebeck said:

Looking for April numbers (Residual & MF) for IS 300 F Sport lease 36 mo 12k/yr in Seattle, WA (PNW region)
Thanks!

62% and .00095. $500 lease cash.

djjazzy1

I'm looking for 2016 IS350 fsport rwd in florida - 24mo/10k residual and MF. Do deals get better or worse if I wait until may or june?
Thanks in advance

Michaell

djjazzy1 said:

I'm looking for 2016 IS350 fsport rwd in florida - 24mo/10k residual and MF. Do deals get better or worse if I wait until may or june?
Thanks in advance

67% and .00070

Can't predict what will happen down the road.

24skidoo

Just signed off on a 2016 F..200t No down here in SoCal..434.
Need a quick reply...as I can cancel within what...3 days...good or not

Michaell

24skidoo said:

Just signed off on a 2016 F..200t No down here in SoCal..434.
Need a quick reply...as I can cancel within what...3 days...good or not

If you've taken delivery, there is no 3 day 'cooling off' period, just so you know.

If you haven't taken delivery, you've still signed a contract but the dealer may let you out of it.

Need to know the MSRP and adjusted cap cost in order to tell you if the payment is good or not.

And, what is the tax rate where you live?

missneva

Looking to lease a 2016 IS350 F-Sport for 48 months in Nevada.

MSRP $51733 with $1500 rebate cash and $3000 cash down. $51733 cap cost. $1787.72 sales tax. Doc fee $449.50 & title fee $21. Other fees $197.25. Net residual $32074.46 at 53%. MF .000700. Drive off $1500. Monthly payment of $551.99.

Is this a good deal? The residual % is a bit scary, but I realize the car will be a year older than a typical 3-year lease when all is said and done, and I plan to buy it after the lease period anyway. Also, why is the cap cost the same as the MSRP? Keep in mind, all these numbers are pulled directly from the payment document the dealer gave me.

Thanks in advance!

Michaell

missneva said:

Looking to lease a 2016 IS350 F-Sport for 48 months in Nevada.

MSRP $51733 with $1500 rebate cash and $3000 cash down. $51733 cap cost. $1787.72 sales tax. Doc fee $449.50 & title fee $21. Other fees $197.25. Net residual $32074.46 at 53%. MF .000700. Drive off $1500. Monthly payment of $551.99.

Is this a good deal? The residual % is a bit scary, but I realize the car will be a year older than a typical 3-year lease when all is said and done, and I plan to buy it after the lease period anyway. Also, why is the cap cost the same as the MSRP? Keep in mind, all these numbers are pulled directly from the payment document the dealer gave me.

Thanks in advance!

48/10 residual is 53%; I confirm the .00070 MF.

If the MSRP and cap cost are the same, I get $562/mo before tax.

What does the $1500 at signing go to?

What is the tax rate? I thought Nevada taxes the monthly payment, not collect it up front - but, I could be wrong about that.

Yes, you should negotiate a discount from sticker, just as if you were buying.

missneva

Michaell said:

missneva said:

Looking to lease a 2016 IS350 F-Sport for 48 months in Nevada.

MSRP $51733 with $1500 rebate cash and $3000 cash down. $51733 cap cost. $1787.72 sales tax. Doc fee $449.50 & title fee $21. Other fees $197.25. Net residual $32074.46 at 53%. MF .000700. Drive off $1500. Monthly payment of $551.99.

Is this a good deal? The residual % is a bit scary, but I realize the car will be a year older than a typical 3-year lease when all is said and done, and I plan to buy it after the lease period anyway. Also, why is the cap cost the same as the MSRP? Keep in mind, all these numbers are pulled directly from the payment document the dealer gave me.

Thanks in advance!

48/10 residual is 53%; I confirm the .00070 MF.

If the MSRP and cap cost are the same, I get $562/mo before tax.

What does the $1500 at signing go to?

What is the tax rate? I thought Nevada taxes the monthly payment, not collect it up front - but, I could be wrong about that.

Yes, you should negotiate a discount from sticker, just as if you were buying.

I got the same calculation on a $51,733 cap cost as well. Not sure where the $1500 rebate is going--after doing a couple other calculations, this is what I got:

1.) MSRP - $1500 rebates = $529.66/mo (based on $50,233 cap cost)
2.) MSRP - $1500 rebates - $3000 cash down = $465.06/mo (based on $47,233 cap cost)

And then, of course:

3.) MSRP - $0 (cap cost the same as MSRP) = $561.96

With that said, I'm quite perplexed how the dealer even got to $551.99/mo. Will definitely be worth asking! Also, you are correct--NV lease sales tax is applied to the monthly payment, not upfront.

One thing to note, the paperwork says the net residual value is $32074.46, which is actually the value based on the 36-month lease residual value percentage of 62%. My calculations show the correct net residual value as $27418.49 (based off 48-month 53% residual). Do I mention this to the dealer, as well? I imagine a greater net residual value will equal a lower monthly lease payment, correct?

vegasduatin

Missneva,
where in NV are you at and getting 449 doc fee?
both dealers in Vegas are quoting me 699.99 doc fee.  

This is a 2016 200t F sport.  Nav.  Illuminated sills.  Rear spoiler.  Convenience package.  
45,063 MSRP 

 

2016 LEXUS IS 200T

Lease Deal
Market Value	45,063.00
Discount Savings	-3,263.00
Vehicle Selling Price	41,800.00
Accessories	501.00
Document Prep Fee	699.99
License / Title	79.24
Acquisition Fee	700.00
Tax on Collected Items	122.25
Capitalized Initial Fees	489.51
Total Cap	44,391.99
Trade Allowance	-12,000.00
Estimated Trade Payoff	11,000.00
Rebate Savings	-500.00
Net Cap	42,891.99

 

Base Payment	452.62
Monthly Tax	36.89
36 Month Payment	489.51

 

Capitalized Initial Fees	-489.51
1st Payment	489.51
Due On Delivery	0.00

 

Rate	0.0007
Annual Miles	10,000
Residual %  [45,063]	60+3=63%
Residual Amount	28,389.69

 

Tax: 8.15% TAX

8.15 %

 

Lease Payments include:  LOH PROTECTION $151, TINT $350

missneva

vegasduatin said:

Missneva,
where in NV are you at and getting 449 doc fee?
both dealers in Vegas are quoting me 699.99 doc fee.  

This is a 2016 200t F sport.  Nav.  Illuminated sills.  Rear spoiler.  Convenience package.  
45,063 MSRP 

 

2016 LEXUS IS 200T

Lease Deal
Market Value	45,063.00
Discount Savings	-3,263.00
Vehicle Selling Price	41,800.00
Accessories	501.00
Document Prep Fee	699.99
License / Title	79.24
Acquisition Fee	700.00
Tax on Collected Items	122.25
Capitalized Initial Fees	489.51
Total Cap	44,391.99
Trade Allowance	-12,000.00
Estimated Trade Payoff	11,000.00
Rebate Savings	-500.00
Net Cap	42,891.99

 

Base Payment	452.62
Monthly Tax	36.89
36 Month Payment	489.51

 

Capitalized Initial Fees	-489.51
1st Payment	489.51
Due On Delivery	0.00

 

Rate	0.0007
Annual Miles	10,000
Residual %  [45,063]	60+3=63%
Residual Amount	28,389.69

 

Tax: 8.15% TAX

8.15 %

 

Lease Payments include:  LOH PROTECTION $151, TINT $350

Hi vegasduatin,

I'm in Washoe county. I hope this helps! $700 for doc fees does sound a bit outrageous.

tgotts469

Any numbers for an IS 200T F Sport in FL, 36/12?

Thanks in advance

Michaell

tgotts469 said:

Any numbers for an IS 200T F Sport in FL, 36/12?

Thanks in advance

62% and .00075

michagonzo77

Hey, going back tomorrow to try to finalize a deal. Wondering what a good monthly payment should be.

Down in Miami, florida for a 2016 is200t f sport w/o nav

$42,749 MSRP
$36,100 Sales price
62% Residual
.00075 MF

36months/12k miles

kyfdx

michagonzo77 said:

Hey, going back tomorrow to try to finalize a deal. Wondering what a good monthly payment should be.

Down in Miami, florida for a 2016 is200t f sport w/o nav

$42,749 MSRP
$36,100 Sales price
62% Residual
.00075 MF

36months/12k miles

$314/mo.+tax, assuming any other fees/charges are paid upfront.
Acquisition fee is $700.

Florida? Watch out for big dealer doc fees.

tigrfan023

Is this a good deal? Seems they are coming out high to me... If so, recommendations on what they would bring down if i asked/walked?

2016 IS300 AWD base (10 miles on it) purchase in kansas for Missouri resident.

36 Months
10k Miles
Cash Down: $3.500
$496month (sales taxes, etc included)
MF 00160




Side note, I pay personal property tax as well... is that normal on a Lease?!?

Michaell

tigrfan023 said:

Is this a good deal? Seems they are coming out high to me... If so, recommendations on what they would bring down if i asked/walked?

2016 IS300 AWD base (10 miles on it) purchase in kansas for Missouri resident.

36 Months
10k Miles
Cash Down: $3.500
$496month (sales taxes, etc included)
MF 00160




Side note, I pay personal property tax as well... is that normal on a Lease?!?

MF is marked up, and the $795 for the Nitrogen / Door Edge Guards / Window Tint is probably twice what's it's worth.

Is the $3500 used to lower the cap cost or to cover the up front taxes and fees? Get a breakdown of that.

What is the tax rate in Missouri?

You pay personal property tax on a lease, as well (at least, I do here in Colorado).

tigrfan023

Michaell said:

tigrfan023 said:

Is this a good deal? Seems they are coming out high to me... If so, recommendations on what they would bring down if i asked/walked?

2016 IS300 AWD base (10 miles on it) purchase in kansas for Missouri resident.

36 Months
10k Miles
Cash Down: $3.500
$496month (sales taxes, etc included)
MF 00160




Side note, I pay personal property tax as well... is that normal on a Lease?!?

MF is marked up, and the $795 for the Nitrogen / Door Edge Guards / Window Tint is probably twice what's it's worth.

Is the $3500 used to lower the cap cost or to cover the up front taxes and fees? Get a breakdown of that.

What is the tax rate in Missouri?

You pay personal property tax on a lease, as well (at least, I do here in Colorado).

Thanks Mike! For Missouri: Local (4.125%) and State MO (4.225%)

I presumed based on our conversations the 3500 was used to lower cap cost, but they confirmed the $496 was inclusive of all taxes and fees. I can try and get a better breakdown, though. They said the MF was non-negotiable, are they blowing smoke? Outside the $795 you mentioned, i want to make sure i'm not getting washed here and can negotiate some things down to a more reasonable level.