2016 Lexus ES 350 Lease Questions.

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  • akelaonakelaon Member Posts: 32
    Hello, I'm looking to lease a 2016 Lexus ES 350 in Texas. Would you please let me know the Residuals and MF for 36 months, 12k & 15k miles per year.

    Is the $2300 lease cash available (until June 30 or July 15?)?


    Thanks!
  • MichaellMichaell Moderator Posts: 263,559
    akelaon said:

    Hello, I'm looking to lease a 2016 Lexus ES 350 in Texas. Would you please let me know the Residuals and MF for 36 months, 12k & 15k miles per year.

    Is the $2300 lease cash available (until June 30 or July 15?)?


    Thanks!

    .00105 and 57% for 36 months, 15,000 miles per year. I see $2500 lease cash.

    Lexus numbers are set to expire June 30

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  • terabaap123terabaap123 Member Posts: 6
    edited June 2016
    Just wanted to say a big THANK YOU!! to the moderators on this forum who helped me get a great lease deal on a 2016 ES 350.

    Details:
    12k/36 mos
    MSRP: $42609
    9 MSDs
    $0 down
    $375/month out the door (tax, tag, title, doc fees, all fees)
  • gmanusmcgmanusmc Member Posts: 699

    Just wanted to say a big THANK YOU!! to the moderators on this forum who helped me get a great lease deal on a 2016 ES 350.

    Details:
    12k/36 mos
    MSRP: $42609
    9 MSDs
    $0 down
    $375/month out the door (tax, tag, title, doc fees, all fees)

    Yep - these guys have saved lots of folks lots of money.

    Congrats - that's a great car for 375 a month!

    Bill G

    2016 ES350 Lux/Atomic Silver
    2017 Accord Sport CVT Mod Steel Metallic
  • ecesp004ecesp004 Member Posts: 4
    Hello Everyone,
    Seeking some lease help on a base es350 with an msrp of $39,384 in Florida. It will be 36 months 15k miles $0 down. What's a good price or can you provide me the residuals and money factor to calculate....so far I have the car for $429 with tax and excessive wear and tear included, first month free.please help me out. Thanks.
  • MichaellMichaell Moderator Posts: 263,559
    ecesp004 said:

    Hello Everyone,
    Seeking some lease help on a base es350 with an msrp of $39,384 in Florida. It will be 36 months 15k miles $0 down. What's a good price or can you provide me the residuals and money factor to calculate....so far I have the car for $429 with tax and excessive wear and tear included, first month free.please help me out. Thanks.

    We would need to know the adjusted cap cost in order to figure the payment.

    36/15 lease numbers in Florida are 57% and .00110. $2300 lease cash.

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  • akelaonakelaon Member Posts: 32
    Hi, Could you please let me know the current Residual and MF for a 36 months /12k miles per year lease for a 2016 Lexus ES 350 in Texas. Any lease cash available in July?

    Thank you.
  • kyfdxkyfdx Moderator Posts: 267,338
    akelaon said:

    Hi, Could you please let me know the current Residual and MF for a 36 months /12k miles per year lease for a 2016 Lexus ES 350 in Texas. Any lease cash available in July?

    Thank you.

    .00110 MF and 59% residual. $2300 lease cash.

    These numbers are good through July 5th.

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  • ddons0506ddons0506 Member Posts: 3
    Leased an ES350 in Texas end of June:

    MSRP: $43,060
    10K/36 Mo
    $368/mo
    $1900 down

    A Big THANKS! to the moderator.
  • dcf1955dcf1955 Member Posts: 41
    Hello! Can you please tell me MF and residual for 2016 es 350 in MA. 12k miles, 24 or 36 months. Is there any lease/conquest cash available? Thank you!
  • kyfdxkyfdx Moderator Posts: 267,338
    ddons0506 said:

    Leased an ES350 in Texas end of June:

    MSRP: $43,060
    10K/36 Mo
    $368/mo
    $1900 down

    A Big THANKS! to the moderator.

    Congrats on the new car! Thanks for checking in. Looks like a good deal.

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  • kyfdxkyfdx Moderator Posts: 267,338
    dcf1955 said:

    Hello! Can you please tell me MF and residual for 2016 es 350 in MA. 12k miles, 24 or 36 months. Is there any lease/conquest cash available? Thank you!

    .00105 MF and 63%/57% residual. $2700 lease cash.

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  • dc_inthe_opdc_inthe_op Member Posts: 1
    edited July 2016
    Hi! Looking to lease a 2016 ES 350. Wondering what the MF and residuals are for 36/10k and 36/7.5k in Southern California? Also, is there an incentive/rebate going on this month? I was offered a "Preferred Customer Discount" of $4550 on a MSRP of $47k. Is that good, or just part of some ongoing incentive/rebate?
  • dsw1313dsw1313 Member Posts: 2
    What is the MF and residual in Florida for a ES350 36 months, 12,000 miles per year? I was assuming it would be the same as Massachusetts but want to make sure that it is not different in the southeast region. Thanks.
  • kyfdxkyfdx Moderator Posts: 267,338

    Hi! Looking to lease a 2016 ES 350. Wondering what the MF and residuals are for 36/10k and 36/7.5k in Southern California? Also, is there an incentive/rebate going on this month? I was offered a "Preferred Customer Discount" of $4550 on a MSRP of $47k. Is that good, or just part of some ongoing incentive/rebate?

    .00105 MF and 58%/59% residual. $2700 lease cash + complimentary 1st payment

    If the $4550 discount already includes the lease cash, then it's just an average deal. About what they are advertising.

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  • kyfdxkyfdx Moderator Posts: 267,338
    dsw1313 said:

    What is the MF and residual in Florida for a ES350 36 months, 12,000 miles per year? I was assuming it would be the same as Massachusetts but want to make sure that it is not different in the southeast region. Thanks.

    .00105 MF and 57% residual. $2700 lease cash + complimentary 1st payment.

    We don't have all the regions, this month. There may be small differences.

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  • gmanusmcgmanusmc Member Posts: 699
    kyfdx said:

    Hi! Looking to lease a 2016 ES 350. Wondering what the MF and residuals are for 36/10k and 36/7.5k in Southern California? Also, is there an incentive/rebate going on this month? I was offered a "Preferred Customer Discount" of $4550 on a MSRP of $47k. Is that good, or just part of some ongoing incentive/rebate?

    .00105 MF and 58%/59% residual. $2700 lease cash + complimentary 1st payment

    If the $4550 discount already includes the lease cash, then it's just an average deal. About what they are advertising.
    kyfdx - would just like to confirm the 36/10 residual in SoCal - for some reason, I got the impression it is 60%

    Thanks

    2016 ES350 Lux/Atomic Silver
    2017 Accord Sport CVT Mod Steel Metallic
  • kyfdxkyfdx Moderator Posts: 267,338
    gmanusmc said:

    kyfdx said:

    Hi! Looking to lease a 2016 ES 350. Wondering what the MF and residuals are for 36/10k and 36/7.5k in Southern California? Also, is there an incentive/rebate going on this month? I was offered a "Preferred Customer Discount" of $4550 on a MSRP of $47k. Is that good, or just part of some ongoing incentive/rebate?

    .00105 MF and 58%/59% residual. $2700 lease cash + complimentary 1st payment

    If the $4550 discount already includes the lease cash, then it's just an average deal. About what they are advertising.
    kyfdx - would just like to confirm the 36/10 residual in SoCal - for some reason, I got the impression it is 60%

    Thanks

    58%. It was 60%, last quarter.

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  • dsw1313dsw1313 Member Posts: 2
    kyfdx said:

    dsw1313 said:

    What is the MF and residual in Florida for a ES350 36 months, 12,000 miles per year? I was assuming it would be the same as Massachusetts but want to make sure that it is not different in the southeast region. Thanks.

    .00105 MF and 57% residual. $2700 lease cash + complimentary 1st payment.

    We don't have all the regions, this month. There may be small differences.
    Thanks. From conversations I've been having with dealers, I think it's .00110, which I think qualifies as a small regional difference.
  • tenor_mike2tenor_mike2 Member Posts: 9
    Hi... looking for MF/RV on the 2016 ES 350 in the NY/NJ area for a 36 mos 10K per yr and 12K mi per year lease

    Also, Lexus announced a “Golden Opportunity Sales Event” in July which offers a complimentary first month lease payment which I understand. However, Edmunds mentions a "Leasing Bonus Cash" incentive of $2700 starting Jul 5 to Sept 6. I do not see this Leasing Bonus Cash mentioned on the Lexus site or any Lexus dealer site. Is this a Mfg incentive or a dealer incentive and is it available in the NY/NJ area?
    Thanks
  • MichaellMichaell Moderator Posts: 263,559

    Hi... looking for MF/RV on the 2016 ES 350 in the NY/NJ area for a 36 mos 10K per yr and 12K mi per year lease

    Also, Lexus announced a “Golden Opportunity Sales Event” in July which offers a complimentary first month lease payment which I understand. However, Edmunds mentions a "Leasing Bonus Cash" incentive of $2700 starting Jul 5 to Sept 6. I do not see this Leasing Bonus Cash mentioned on the Lexus site or any Lexus dealer site. Is this a Mfg incentive or a dealer incentive and is it available in the NY/NJ area?
    Thanks

    58% / 57% and either .00105 or .00110 MF (regional).

    The $2700 is a factory to dealer incentive; use that knowledge to negotiate your best price.

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  • akelaonakelaon Member Posts: 32
    Hi, Could you please let me know the MF & residuals for a 2016 ES 350 FWD for a 39/12 and 36/12 lease in Texas?

    Any lease cash/ special available in Texas?

    Thank you!
  • MichaellMichaell Moderator Posts: 263,559
    akelaon said:

    Hi, Could you please let me know the MF & residuals for a 2016 ES 350 FWD for a 39/12 and 36/12 lease in Texas?

    Any lease cash/ special available in Texas?

    Thank you!

    55% or 57%. Either .00105 or .00110 [non-permissible content removed]. $2700 lease cash

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  • klnmcmgklnmcmg Member Posts: 113
    MF and RV for ES350 base in NC, 36/15?
  • MichaellMichaell Moderator Posts: 263,559
    klnmcmg said:

    MF and RV for ES350 base in NC, 36/15?

    .00105 and 55%

    $2700 lease cash and complimentary first payment.

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  • rossdmrossdm Member Posts: 56
    Looking for MF, RV and incentives for ES350 base in Florida, 36/15. Does Lexus offer a 39 or 42 month lease?
  • kyfdxkyfdx Moderator Posts: 267,338
    rossdm said:

    Looking for MF, RV and incentives for ES350 base in Florida, 36/15. Does Lexus offer a 39 or 42 month lease?

    .00105 MF and 55% residual for 36/15.
    .00110 MF and 53%/51% residual for 39/42/15.

    $2700 lease cash + complimentary 1st payment.

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  • bearbroncbearbronc Member Posts: 1
    hello there, looking to lease a es350 2016 with 36/15k in seattle, wa. Any help with the residual and MF si greatly appreciated! Thanks!
  • kyfdxkyfdx Moderator Posts: 267,338
    bearbronc said:

    hello there, looking to lease a es350 2016 with 36/15k in seattle, wa. Any help with the residual and MF si greatly appreciated! Thanks!

    .00105 MF and 55% residual. $2700 lease cash + complimentary 1st payment

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  • charlesw2charlesw2 Member Posts: 8
    Could I get the MF and RV for es350 24/12 or 24/15 in TX? Also are there any incentives for doing a one pay lease?
  • MichaellMichaell Moderator Posts: 263,559
    charlesw2 said:

    Could I get the MF and RV for es350 24/12 or 24/15 in TX? Also are there any incentives for doing a one pay lease?

    63% / 61% and .00105.

    $2700 lease cash and complimentary first payment.

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  • jd123001jd123001 Member Posts: 21
    Hi there. Can I please get the MF and RV for an ES350 for 36/12 in TX? Also, any incentives out there right now? Thanks!
  • MichaellMichaell Moderator Posts: 263,559
    jd123001 said:

    Hi there. Can I please get the MF and RV for an ES350 for 36/12 in TX? Also, any incentives out there right now? Thanks!

    .00105 and 57%.

    $2700 lease cash and complimentary first payment

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  • gmanusmcgmanusmc Member Posts: 699
    Michael/kyfdx: Any August ES350 MF change for 36/10 in SoCal?

    Thanks
    2016 ES350 Lux/Atomic Silver
    2017 Accord Sport CVT Mod Steel Metallic
  • MichaellMichaell Moderator Posts: 263,559
    gmanusmc said:

    Michael/kyfdx: Any August ES350 MF change for 36/10 in SoCal?

    Thanks

    No change for August.

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  • carsearcher18carsearcher18 Member Posts: 27
    Hi, am looking for a car for my wife now. Looking at the 2016 ES 350 in California. Can you provide MF and residual for this month for 36/10K and 36/7.5K. Thanks!
  • MichaellMichaell Moderator Posts: 263,559

    Hi, am looking for a car for my wife now. Looking at the 2016 ES 350 in California. Can you provide MF and residual for this month for 36/10K and 36/7.5K. Thanks!

    .00105 and 58% / 59%

    $2700 lease cash and complimentary first payment

    Edmunds Price Checker
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  • carsearcher18carsearcher18 Member Posts: 27
    T
    Michaell said:

    Hi, am looking for a car for my wife now. Looking at the 2016 ES 350 in California. Can you provide MF and residual for this month for 36/10K and 36/7.5K. Thanks!

    .00105 and 58% / 59%

    $2700 lease cash and complimentary first payment
    Thanks Michaell. Does Lexus update their lease numbers monthly or quarterly? Also, how is the lease cash used? Can it simply be applied to reduce the cap cost?
  • gmanusmcgmanusmc Member Posts: 699

    T

    Michaell said:

    Hi, am looking for a car for my wife now. Looking at the 2016 ES 350 in California. Can you provide MF and residual for this month for 36/10K and 36/7.5K. Thanks!

    .00105 and 58% / 59%

    $2700 lease cash and complimentary first payment
    Thanks Michaell. Does Lexus update their lease numbers monthly or quarterly? Also, how is the lease cash used? Can it simply be applied to reduce the cap cost?
    I'm in the process of leasing an ES - dealer is indicating the lease cash/comp first payment is applied as rebate to reduce cap cost. You may be charged sales tax on the rebate depending on tax regs in your locale.
    2016 ES350 Lux/Atomic Silver
    2017 Accord Sport CVT Mod Steel Metallic
  • kyfdxkyfdx Moderator Posts: 267,338

    T

    Michaell said:

    Hi, am looking for a car for my wife now. Looking at the 2016 ES 350 in California. Can you provide MF and residual for this month for 36/10K and 36/7.5K. Thanks!

    .00105 and 58% / 59%

    $2700 lease cash and complimentary first payment
    Thanks Michaell. Does Lexus update their lease numbers monthly or quarterly? Also, how is the lease cash used? Can it simply be applied to reduce the cap cost?
    Money factors and incentives are usually updated monthly.
    Residuals are updated quarterly.
    What @gmanusmc says, regarding the lease cash.

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  • pradeeproxpradeeprox Member Posts: 34
    edited August 2016
    2016 ES350

    MSRP: 39,205
    Rebate: 3150
    Discount: 2000
    Adjusted cap: 34,055
    Taxable fees: 700
    Doc fees: 200
    Tax: 328
    Non tax fees: 139
    Net price 35,472

    27months/10k: 524
    36months/10k: 465
    48months/10k: 441

    I have no clue why the rep would not show a 24 months/10k estimate.
    Can you also tell what is the residual and Money factor on the 24 months/10k


    I am also simultaneously looking at 528i xDrive
  • MichaellMichaell Moderator Posts: 263,559

    2016 ES350

    MSRP: 39,205
    Rebate: 3150
    Discount: 2000
    Adjusted cap: 34,055
    Taxable fees: 700
    Doc fees: 200
    Tax: 328
    Non tax fees: 139
    Net price 35,472

    27months/10k: 524
    36months/10k: 465
    48months/10k: 441

    I have no clue why the rep would not show a 24 months/10k estimate.
    Can you also tell what is the residual and Money factor on the 24 months/10k


    I am also simultaneously looking at 528i xDrive

    .00105 and 64% (24/10), 63% (27/10), 58% (36/10) or 49% (48/10)

    With your MSRP and net price, I get the following pre-tax payments
    24 - $496
    27 - $462
    36 - $415
    48 - $396

    Confirm the net cap cost the dealer is using.

    What state and tax rate?

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  • pradeeproxpradeeprox Member Posts: 34
    Michaell said:

    2016 ES350

    MSRP: 39,205
    Rebate: 3150
    Discount: 2000
    Adjusted cap: 34,055
    Taxable fees: 700
    Doc fees: 200
    Tax: 328
    Non tax fees: 139
    Net price 35,472

    27months/10k: 524
    36months/10k: 465
    48months/10k: 441

    I have no clue why the rep would not show a 24 months/10k estimate.
    Can you also tell what is the residual and Money factor on the 24 months/10k


    I am also simultaneously looking at 528i xDrive

    .00105 and 64% (24/10), 63% (27/10), 58% (36/10) or 49% (48/10)

    With your MSRP and net price, I get the following pre-tax payments
    24 - $496
    27 - $462
    36 - $415
    48 - $396

    Confirm the net cap cost the dealer is using.

    What state and tax rate?
    Thanks for running those number Micheall

    Not a big expert on lease but i have been trying to understand why the lease price is highest in 2 years when compared to 4 years?
    Is it the depreciation per year?
    Even though the residual is highest in 24 months and lowest in 48 months

    Another Dealer quoted the following for the ES350
    They would not give it in writing but gave me these numbers over the phone
    This is in Ohio

    MSRP: $45,934 (top the line)
    Discount: $3500
    Sale price: $40734

    36months/10k mileage
    Residual: 58%, Money factor: 0.00150
    Monthly payment: $588

    He said if i do the 9 MSD's my payment will go down by $50/month or so


  • MichaellMichaell Moderator Posts: 263,559

    Michaell said:

    2016 ES350

    MSRP: 39,205
    Rebate: 3150
    Discount: 2000
    Adjusted cap: 34,055
    Taxable fees: 700
    Doc fees: 200
    Tax: 328
    Non tax fees: 139
    Net price 35,472

    27months/10k: 524
    36months/10k: 465
    48months/10k: 441

    I have no clue why the rep would not show a 24 months/10k estimate.
    Can you also tell what is the residual and Money factor on the 24 months/10k


    I am also simultaneously looking at 528i xDrive

    .00105 and 64% (24/10), 63% (27/10), 58% (36/10) or 49% (48/10)

    With your MSRP and net price, I get the following pre-tax payments
    24 - $496
    27 - $462
    36 - $415
    48 - $396

    Confirm the net cap cost the dealer is using.

    What state and tax rate?
    Thanks for running those number Micheall

    Not a big expert on lease but i have been trying to understand why the lease price is highest in 2 years when compared to 4 years?
    Is it the depreciation per year?
    Even though the residual is highest in 24 months and lowest in 48 months

    Another Dealer quoted the following for the ES350
    They would not give it in writing but gave me these numbers over the phone
    This is in Ohio

    MSRP: $45,934 (top the line)
    Discount: $3500
    Sale price: $40734

    36months/10k mileage
    Residual: 58%, Money factor: 0.00150
    Monthly payment: $588

    He said if i do the 9 MSD's my payment will go down by $50/month or so
    Fewer months to deal with the depreciation.

    Second dealer is marking up the MF, then suggesting you can buy it down with MSD. MSD is a good idea, but better to start with the base MF.

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  • esatlantaesatlanta Member Posts: 2
    Question about MF/Residuals in Georgia. I have a quote for an ES350 List of $45,4xx with a base cap of $37k - but the Residuals and MF seem really high (I don't have the details of those yet) - net net 36/15k yr, $5k down $430/month which I think the MF equals around 8%...seems high? What am I missing? Thx
  • MichaellMichaell Moderator Posts: 263,559
    esatlanta said:

    Question about MF/Residuals in Georgia. I have a quote for an ES350 List of $45,4xx with a base cap of $37k - but the Residuals and MF seem really high (I don't have the details of those yet) - net net 36/15k yr, $5k down $430/month which I think the MF equals around 8%...seems high? What am I missing? Thx

    The MF is regional, but we haven't seen a big variation in the past. Residuals are nationwide.

    What's hurting is that GA assesses sales tax against the entire selling price. If that is added into the cap cost, the payment goes up quite a bit.

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  • esatlantaesatlanta Member Posts: 2
    Good point. Thank you. When I get the more details I will look to see if sales tax is in that number.
  • blazinginderblazinginder Member Posts: 65
    What are the residuals right now on the 2016 ES350?
  • kyfdxkyfdx Moderator Posts: 267,338

    What are the residuals right now on the 2016 ES350?

    55% for 36mo, 15K/yr

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  • blazinginderblazinginder Member Posts: 65
    How about 12k? Sorry I should have specified.
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