2016 Lexus GS Lease Questions

kyfdx

Ask your 2016 GS lease questions here!

carseeker14

Would you have the MF and Residual for 2016 RWB GS350 in Florida?

kyfdx

carseeker14 said:

Would you have the MF and Residual for 2016 RWB GS350 in Florida?

.00060 MF and 55% residual for 36 mo, 15K/yr. $1000 lease cash

carseeker14

thanks. would you have the 10K / 12K residual for 36 month?

Michaell

carseeker14 said:

thanks. would you have the 10K / 12K residual for 36 month?

Add 2% for 12K or 3% for 10K

fpinho

Hello, Do you have numbers for a 2016 GS350 AWD FSport in NJ with the following terms:
27/36/39 months with 10K miles. Also any cash available? Thanks

Michaell

fpinho said:

Hello, Do you have numbers for a 2016 GS350 AWD FSport in NJ with the following terms: 27/36/39 months with 10K miles. Also any cash available? Thanks

.00060 and 62%/57%/55

eshlan

Hello, I'm looking for MF and residual for 2016 GS 350 RWD in California for 7.5K / 10K / 12K miles/yr for 36 month lease. Any incentives available? Thanks.

Michaell

eshlan said:

Hello, I'm looking for MF and residual for 2016 GS 350 RWD in California for 7.5K / 10K / 12K miles/yr for 36 month lease. Any incentives available? Thanks.

.00060 and 59% / 58% / 57%. No incentives.

netguy411

Hi. I live in Cleveland, OH. I'm looking at a 2106 GS350 with an MSRP of $54,810. I'd like to put down $2,500 and pay no more than $550 a month for 36/12,000. Is that reasonable or am I not even close?

Michaell

netguy411 said:

Hi. I live in Cleveland, OH. I'm looking at a 2106 GS350 with an MSRP of $54,810. I'd like to put down $2,500 and pay no more than $550 a month for 36/12,000. Is that reasonable or am I not even close?

.00060 and either 57% (RWD) or 55% (AWD).

Without knowing the negotiated selling price, we can't tell you if $550/mo is doable or not.

netguy411

Thanks for the information. Does Lexus offer incentives at any other time of the year other than the "December to Remember" promotion?

Michaell

netguy411 said:

Thanks for the information. Does Lexus offer incentives at any other time of the year other than the "December to Remember" promotion?

We don't have any incentive info for Lexus. Doesn't mean there aren't any, however.

netguy411

So here is the deal that I'm being offered on a 2016 AWD GS350. List: $54,810. Adjusted Price $50,560. Total after fees and taxes $51,907.90. I'm putting down $3,500 for a payment of $622 for 36 months/12,000 miles/year. Is this a good deal?

Michaell

netguy411 said:

So here is the deal that I'm being offered on a 2016 AWD GS350. List: $54,810. Adjusted Price $50,560. Total after fees and taxes $51,907.90. I'm putting down $3,500 for a payment of $622 for 36 months/12,000 miles/year. Is this a good deal?

March numbers show .00080 and 56% for 36/12.

With your MSRP and net cap cost, I get $655/mo before tax and $0 down.

How much of the $3000 is going to cap reduction? Each $1000 lowers the pre-tax payment about $28/mo.

What state and tax rate is this?

buckeyesfan

Hello,

Looking for March numbers in Florida for 24/27/36 months and 10/12/15k miles (wherever the sweet spot lies).

Thanks in advance!

netguy411

I live in Ohio. The sales tax rate in Cuyahoga county is 8%. I assume that all of my $3,500 is going to cap reduction. I will ask the salesman. As far as putting money down isn't it pretty much pay it now (money down) versus pay it later (higher payment). Is one better than the other?

Michaell

buckeyesfan said:

Hello,

Looking for March numbers in Florida for 24/27/36 months and 10/12/15k miles (wherever the sweet spot lies).

Thanks in advance!

Limited numbers for March ... 36/10 numbers are .00080 and 57%.

Michaell

netguy411 said:

I live in Ohio. The sales tax rate in Cuyahoga county is 8%. I assume that all of my $3,500 is going to cap reduction. I will ask the salesman. As far as putting money down isn't it pretty much pay it now (money down) versus pay it later (higher payment). Is one better than the other?

Not the same .. if the car is stolen or totaled during the lease, any down payment would be lost. Better to have the higher payment.

letsgocubbies

Hello, I am in Illinois and see there is the March Command Performance promotion on Lexus GS 350 for $499 with first month complimentary (up to $850), $3999 down and 36 mths 10,000 miles and MSRP of $54,360. When I run these numbers in Edmunds lease calculator using a MF of 0.00060 and 57% residual, I cannot come up with how they can offer $499? Could you help me understand? Thank you

kyfdx

letsgocubbies said:

Hello, I am in Illinois and see there is the March Command Performance promotion on Lexus GS 350 for $499 with first month complimentary (up to $850), $3999 down and 36 mths 10,000 miles and MSRP of $54,360. When I run these numbers in Edmunds lease calculator using a MF of 0.00060 and 57% residual, I cannot come up with how they can offer $499? Could you help me understand? Thank you

$750 lease cash
$2775 dealer discount from MSRP.

I believe the ad assumes .00080 for the MF.
The $3999 is $3299 for CAP cost reduction and $700 for acquisition fee

letsgocubbies

Still do not see how they come up with $499? Can you show the math? 
Thanks

kyfdx

letsgocubbies said:

Still do not see how they come up with $499? Can you show the math? 
Thanks

Nope... I can't make it add up, either..

The Southern region has a special on the RWD model, and that adds up, perfectly. But, the Central region special does not. I get about $522/mo., using their numbers.. ;-)

bryanp04

I'm located in Central California and am looking for a 2016 GS 350 F-Sport RWD. Does anyone know what the current money factor and residual are for a 36 mo. lease, 12k miles per year? I'm looking at a few cars in the $57k-$58k range, anyone know what I should be able to get that car for? Thanks!

Michaell

bryanp04 said:

I'm located in Central California and am looking for a 2016 GS 350 F-Sport RWD. Does anyone know what the current money factor and residual are for a 36 mo. lease, 12k miles per year? I'm looking at a few cars in the $57k-$58k range, anyone know what I should be able to get that car for? Thanks!

58% and .00060

Can't help you with transaction prices.

avmba

bryanp04 said:

I'm located in Central California and am looking for a 2016 GS 350 F-Sport RWD. Does anyone know what the current money factor and residual are for a 36 mo. lease, 12k miles per year? I'm looking at a few cars in the $57k-$58k range, anyone know what I should be able to get that car for? Thanks!

I went through my neighbor who is an auto broker here in So Cal and just nabbed a 2016 GS 350 F-Sport with an MSRP of $58,885 for a little over $51k.

Note that none of the dealers I worked with were able to get anywhere close to that directly, but there are deals out there. It might be more limited in Central Cali given the lower competition between dealers.

Good Luck!

bryanp04

Michaell said:

bryanp04 said:

I'm located in Central California and am looking for a 2016 GS 350 F-Sport RWD. Does anyone know what the current money factor and residual are for a 36 mo. lease, 12k miles per year? I'm looking at a few cars in the $57k-$58k range, anyone know what I should be able to get that car for? Thanks!

58% and .00060

Can't help you with transaction prices.

Thanks for the information!

avmba said:

bryanp04 said:

I'm located in Central California and am looking for a 2016 GS 350 F-Sport RWD. Does anyone know what the current money factor and residual are for a 36 mo. lease, 12k miles per year? I'm looking at a few cars in the $57k-$58k range, anyone know what I should be able to get that car for? Thanks!

I went through my neighbor who is an auto broker here in So Cal and just nabbed a 2016 GS 350 F-Sport with an MSRP of $58,885 for a little over $51k.

Note that none of the dealers I worked with were able to get anywhere close to that directly, but there are deals out there. It might be more limited in Central Cali given the lower competition between dealers.

Good Luck!

That sounds like a great deal! Congrats! We're meeting with our dealer tomorrow, so we'll see how it goes. I think I would be happy with that sticker around $53,500-ish.

bryan_k

Hi,

Looking for MF and RV for GS 350 AWD - 7.5K, 10K, & 12K (36 and 45 month terms). I am located in NJ.

Also, what is the MF impact for each MSD?

Thanks!

Michaell

bryan_k said:

Hi,

Looking for MF and RV for GS 350 AWD - 7.5K, 10K, & 12K (36 and 45 month terms). I am located in NJ.

Also, what is the MF impact for each MSD?

Thanks!

56% and .00060 for 36/12; 50% and .00080 for 45 months.

Add 1% for 10K and 2% for 7.5K

I believe each MSD lowers the MF by .00008

esarjeant

Can you please tell me MF, RV (15k), sweet spot term(s), invoice, dealer cash, holdback, rebates (if any), located in Indianapolis, IN. Looking for GS350 AWD F Sport (MSRP $58,785)

thank you!

kyfdx

esarjeant said:

Can you please tell me MF, RV (15k), sweet spot term(s), invoice, dealer cash, holdback, rebates (if any), located in Indianapolis, IN. Looking for GS350 AWD F Sport (MSRP $58,785)

thank you!

.00080 MF and 54% residual for 36 months. $750 lease cash + complimentary 1st payment.

esarjeant

Thank you! Is the lease cash used optional give to customer as a discount or is it required to be disclosed as a cash rebate?

kyfdx

esarjeant said:

Thank you! Is the lease cash used optional give to customer as a discount or is it required to be disclosed as a cash rebate?

I'm pretty sure it's a rebate that must be used as CAP cost reduction.

It will be disclosed on the lease contract, but that doesn't mean they will tell you about it during negotiation. Assume any offer already includes it.

esarjeant

Last questions hopefully. What is the aqu fee? What is the approx markup over invoice? What is the aprox dealer hold back?

Michaell

esarjeant said:

Last questions hopefully. What is the aqu fee? What is the approx markup over invoice? What is the aprox dealer hold back?

Acquisition fee is $700 for Lexus.

Use the "make / model / year" pull downs at the top of the page to link to the price tools .. that will give you the invoice, MSRP and TMV prices

There is an article here at Edmunds on holdback, but I can't seem to find it. It is several years old, so take any information with a grain of salt.

Don't expect to get any holdback money in your deal on a 2016, however.

aredlex

Hello. I would like to know the MF and RV for a 2016 Lexus GS 350 awd Fsport with 15k a yr for 36 months. I'm in New York. Thank you in advance!

bryan_k

Michaell said:

bryan_k said:

Hi,

Looking for MF and RV for GS 350 AWD - 7.5K, 10K, & 12K (36 and 45 month terms). I am located in NJ.

Also, what is the MF impact for each MSD?

Thanks!

56% and .00060 for 36/12; 50% and .00080 for 45 months.

Add 1% for 10K and 2% for 7.5K

I believe each MSD lowers the MF by .00008

Hi,

Could you confirm that .0006 MF? I was at a dealership today and they told me it was .0008 on the 36 mo/12 (not .0006).

Thanks

Michaell

UBERNERD said:

Hello. I would like to know the MF and RV for a 2016 Lexus GS 350 awd Fsport with 15k a yr for 36 months. I'm in New York. Thank you in advance!

56% and either .00060 or .00080

Michaell

bryan_k said:

Michaell said:

bryan_k said:

Hi,

Looking for MF and RV for GS 350 AWD - 7.5K, 10K, & 12K (36 and 45 month terms). I am located in NJ.

Also, what is the MF impact for each MSD?

Thanks!

56% and .00060 for 36/12; 50% and .00080 for 45 months.

Add 1% for 10K and 2% for 7.5K

I believe each MSD lowers the MF by .00008

Hi,

Could you confirm that .0006 MF? I was at a dealership today and they told me it was .0008 on the 36 mo/12 (not .0006).

Thanks

Lexus numbers are regional ... and, we don't have all the regions. I do see that in the 'Western' area the MF is .00080.

bryan_k

Hi - Are the residual values higher on the FSport compared to the non-FSport?

Michaell

bryan_k said:

Hi - Are the residual values higher on the FSport compared to the non-FSport?

No

bryan_k

Michaell said:

bryan_k said:

Hi - Are the residual values higher on the FSport compared to the non-FSport?

No

Ok - I saw that you had quoted 56% on the 36/12 to me a few posts above, I thought the 36/15 would have a different residual (ubernerd was quoted 56% for a 36/15k term).

Michaell

bryan_k said:

Michaell said:

bryan_k said:

Hi - Are the residual values higher on the FSport compared to the non-FSport?

No

Ok - I saw that you had quoted 56% on the 36/12 to me a few posts above, I thought the 36/15 would have a different residual (ubernerd was quoted 56% for a 36/15k term).

My apologies. Turns out the F-Sport does have a different residual this month.

1% higher than regular GS350.

bryan_k

Michaell said:

bryan_k said:

Hi,

Looking for MF and RV for GS 350 AWD - 7.5K, 10K, & 12K (36 and 45 month terms). I am located in NJ.

Also, what is the MF impact for each MSD?

Thanks!

56% and .00060 for 36/12; 50% and .00080 for 45 months.

Add 1% for 10K and 2% for 7.5K

I believe each MSD lowers the MF by .00008

So the same scenarios above for an F Sport in NJ would be:

MF .00080 (or .00008 with 9 MSDs)

57% for 36/12
58% for 36/10
59% for 36/7.5

51% for 45/12
52% for 45/10
53% for 45/7.5

Promotions:
$750 Lease Cash and 1st Monthly Payment waived

Does that look accurate?

Thanks,

Bryan

Michaell

bryan_k said:

Michaell said:

bryan_k said:

Hi,

Looking for MF and RV for GS 350 AWD - 7.5K, 10K, & 12K (36 and 45 month terms). I am located in NJ.

Also, what is the MF impact for each MSD?

Thanks!

56% and .00060 for 36/12; 50% and .00080 for 45 months.

Add 1% for 10K and 2% for 7.5K

I believe each MSD lowers the MF by .00008

So the same scenarios above for an F Sport in NJ would be:

MF .00080 (or .00008 with 9 MSDs)

57% for 36/12
58% for 36/10
59% for 36/7.5

51% for 45/12
52% for 45/10
53% for 45/7.5

Promotions:
$750 Lease Cash and 1st Monthly Payment waived

Does that look accurate?

Thanks,

Bryan

Yes, that is all correct.

bryan_k

Thank you!

bryan_k

Michaell said:

bryan_k said:

Michaell said:

bryan_k said:

Hi - Are the residual values higher on the FSport compared to the non-FSport?

No

Ok - I saw that you had quoted 56% on the 36/12 to me a few posts above, I thought the 36/15 would have a different residual (ubernerd was quoted 56% for a 36/15k term).

My apologies. Turns out the F-Sport does have a different residual this month.

1% higher than regular GS350.

Just told by a dealer that the 1% higher RV for F Sport is only for RWD and the GS200t - NOT the GS350 AWD.

Michaell

bryan_k said:

Michaell said:

bryan_k said:

Michaell said:

bryan_k said:

Hi - Are the residual values higher on the FSport compared to the non-FSport?

No

Ok - I saw that you had quoted 56% on the 36/12 to me a few posts above, I thought the 36/15 would have a different residual (ubernerd was quoted 56% for a 36/15k term).

My apologies. Turns out the F-Sport does have a different residual this month.

1% higher than regular GS350.

Just told by a dealer that the 1% higher RV for F Sport is only for RWD and the GS200t - NOT the GS350 AWD.

This is correct .. only one RV for GS350 AWD.

boxedbmw

24/12k on 2016?

$49650 otd

thanks in advance.

Michaell

boxedbmw said:

24/12k on 2016?

$49650 otd

thanks in advance.

What engine and trim level?

boxedbmw

Base 350gs