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2016 IS300 Lease

jpradsjprads Posts: 8
edited January 2016 in Lexus
Anybody have info on MF and residual value for IS300 all wheel drive with sport, moon roof, rear camera but no nav. Dealer is offering around invoice cost but no other incentives. Looking for 36 month 7500mile lease in CT. Thanks!

Comments

  • kyfdxkyfdx Posts: 119,894
    jprads said:

    Anybody have info on MF and residual value for IS300 all wheel drive with sport, moon roof, rear camera but no nav. Dealer is offering around invoice cost but no other incentives. Looking for 36 month 7500mile lease in CT. Thanks!

    .00090 MF and 67% residual.

    We don't see any incentives on this model

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    Edmunds Moderator

  • boomjooboomjoo Posts: 13
    Would appreciate any opinions on this 2016 IS300 with navigation.

  • MichaellMichaell ColoradoPosts: 110,274
    boomjoo said:

    Would appreciate any opinions on this 2016 IS300 with navigation.

    Interesting .. only the "savings" is being deducted from the MSRP .. what happened to the rebate?

    What state is this?

    Base MF on the IS300 is .00110, so the dealer is marking that up on you.'

    We do not recommend putting a down payment on a lease - that money is lost if the car is stolen or totaled.

    Taxes and fees are OK to pay up front.

    As is, I get $553/mo with those numbers. MF markup is adding $35/mo to the payment.

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    MODERATOR

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

  • boomjooboomjoo Posts: 13
    Nevada. They have a zero down figured to be $533 per month.
  • MichaellMichaell ColoradoPosts: 110,274
    boomjoo said:
    Nevada. They have a zero down figured to be $533 per month.
    Looks solid. 

    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

  • boomjooboomjoo Posts: 13
    Thanks guys for all your help. I really appreciate it as this is my first lease. I went back to Lexus today and they gave me this final deal. Cap at $41,085. MSRP $44,974. Residual at $28,333 (63%). MF at 0.0011. $2500 down will get monthly to $396.63. 10 K miles. I feel comfortable at these numbers.

    Would appreciate any input you may have.

    Btw, I'm also considering an Audi A4 quattro premium with navigation package, which I'll also post on that forum. They gave me this offer today. Cap: $39,000. MSRP: $43,125. Residual at $25,443.75 (59%?). $2500 down, monthly is $475.76. 10K miles. No MF given.

  • kyfdxkyfdx Posts: 119,894
    boomjoo said:

    Thanks guys for all your help. I really appreciate it as this is my first lease. I went back to Lexus today and they gave me this final deal. Cap at $41,085. MSRP $44,974. Residual at $28,333 (63%). MF at 0.0011. $2500 down will get monthly to $396.63. 10 K miles. I feel comfortable at these numbers.

    Would appreciate any input you may have.

    Btw, I'm also considering an Audi A4 quattro premium with navigation package, which I'll also post on that forum. They gave me this offer today. Cap: $39,000. MSRP: $43,125. Residual at $25,443.75 (59%?). $2500 down, monthly is $475.76. 10K miles. No MF given.

    For $80/mo, I'd stick with the Lexus

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

    Edmunds Moderator

  • boomjooboomjoo Posts: 13
    Kyfdx. Thanks. I like the A4 better but agree with what you said. $80 each month is huge. I assume you feel this is a fair deal?
  • kyfdxkyfdx Posts: 119,894
    boomjoo said:

    Kyfdx. Thanks. I like the A4 better but agree with what you said. $80 each month is huge. I assume you feel this is a fair deal?

    Yes

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

    Edmunds Moderator

  • Are the MF and residual still the same for the 2016 Is300 Fsport? I was given a residual of 58% and MF of .00125 which I told them were way off from what I have been seeing on the forum. But the posts were from months ago so I thought they might change?
  • MichaellMichaell ColoradoPosts: 110,274

    Are the MF and residual still the same for the 2016 Is300 Fsport? I was given a residual of 58% and MF of .00125 which I told them were way off from what I have been seeing on the forum. But the posts were from months ago so I thought they might change?

    58% is the correct residual for 36/12. Lexus MF numbers are regional, and we don't have all regions, but what we do have shows a MF of .00110 and $3300 lease cash.

    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

  • Thank you very much. What payment do you come up with for the following figures:
    42000 cap cost
    14000 trade in
    (15,500 still owed)

    Adjusted cap 43,500

    MF: 0.00110
    Residual: 58%
    Tax: 8%

    Pay for tags, fees up front.

    Thanks!
  • MichaellMichaell ColoradoPosts: 110,274

    Thank you very much. What payment do you come up with for the following figures:
    42000 cap cost
    14000 trade in
    (15,500 still owed)

    Adjusted cap 43,500

    MF: 0.00110
    Residual: 58%
    Tax: 8%

    Pay for tags, fees up front.

    Thanks!

    What is the MSRP?

    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

  • Hello! I am in the market for a 2016 IS300AWD Base and have come across a lease special from their website. The problem is that without MF and residual, I am unable to back into the monthly.

    Can you tell me the current base MF and residual for 36/12K and 36/10K? The MSRP is $41,865 and I am in the DC Metro area. Also, how much is each MSD worth to the MF if I choose to go that route as I'd rather put cash into MSD than cap cost reduction.

    Thanks in advance!
  • MichaellMichaell ColoradoPosts: 110,274
    flyback1 said:

    Hello! I am in the market for a 2016 IS300AWD Base and have come across a lease special from their website. The problem is that without MF and residual, I am unable to back into the monthly.

    Can you tell me the current base MF and residual for 36/12K and 36/10K? The MSRP is $41,865 and I am in the DC Metro area. Also, how much is each MSD worth to the MF if I choose to go that route as I'd rather put cash into MSD than cap cost reduction.

    Thanks in advance!

    58% / 59% and .00110.

    $3500 lease cash and complimentary first payment.

    I believe Lexus allows 9 MSDs, each of which reduce the MF .00008

    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

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