2016 Lexus GS Lease Questions

kyfdxkyfdx Moderator Posts: 232,939
edited March 2016 in Lexus
Ask your 2016 GS lease questions here!

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  • carseeker14carseeker14 Member Posts: 5
    Would you have the MF and Residual for 2016 RWB GS350 in Florida?
  • kyfdxkyfdx Moderator Posts: 232,939

    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

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  • carseeker14carseeker14 Member Posts: 5
    thanks. would you have the 10K / 12K residual for 36 month?
  • MichaellMichaell Moderator Posts: 238,140

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

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

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  • fpinhofpinho Member Posts: 58
    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
  • MichaellMichaell Moderator Posts: 238,140
    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

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  • eshlaneshlan Member Posts: 11
    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.
  • MichaellMichaell Moderator Posts: 238,140
    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.

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  • netguy411netguy411 Member Posts: 6
    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?
  • MichaellMichaell Moderator Posts: 238,140
    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.

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  • netguy411netguy411 Member Posts: 6
    Thanks for the information. Does Lexus offer incentives at any other time of the year other than the "December to Remember" promotion?
  • MichaellMichaell Moderator Posts: 238,140
    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.

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  • netguy411netguy411 Member Posts: 6
    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?
  • MichaellMichaell Moderator Posts: 238,140
    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?

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  • buckeyesfanbuckeyesfan Member Posts: 18
    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!
  • netguy411netguy411 Member Posts: 6
    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?
  • MichaellMichaell Moderator Posts: 238,140

    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%.

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  • MichaellMichaell Moderator Posts: 238,140
    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.

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  • letsgocubbiesletsgocubbies Member Posts: 2
    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
  • kyfdxkyfdx Moderator Posts: 232,939

    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

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  • letsgocubbiesletsgocubbies Member Posts: 2
    Still do not see how they come up with $499? Can you show the math? 
    Thanks
  • kyfdxkyfdx Moderator Posts: 232,939

    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.. ;-)

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  • bryanp04bryanp04 Member Posts: 7
    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!
  • MichaellMichaell Moderator Posts: 238,140
    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.

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  • avmbaavmba Member Posts: 27
    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!
  • bryanp04bryanp04 Member Posts: 7
    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_kbryan_k Member Posts: 37
    edited March 2016
    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!

  • MichaellMichaell Moderator Posts: 238,140
    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

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  • esarjeantesarjeant Member Posts: 3
    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!
  • kyfdxkyfdx Moderator Posts: 232,939
    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.

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  • esarjeantesarjeant Member Posts: 3
    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?
  • kyfdxkyfdx Moderator Posts: 232,939
    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.

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  • esarjeantesarjeant Member Posts: 3
    Last questions hopefully. What is the aqu fee? What is the approx markup over invoice? What is the aprox dealer hold back?
  • MichaellMichaell Moderator Posts: 238,140
    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.

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  • aredlexaredlex Member Posts: 4
    edited March 2016
    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_kbryan_k Member Posts: 37
    edited March 2016
    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
  • MichaellMichaell Moderator Posts: 238,140
    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

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  • MichaellMichaell Moderator Posts: 238,140
    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.

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  • bryan_kbryan_k Member Posts: 37
    edited March 2016
    Hi - Are the residual values higher on the FSport compared to the non-FSport?
  • MichaellMichaell Moderator Posts: 238,140
    bryan_k said:

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

    No

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  • bryan_kbryan_k Member Posts: 37
    edited March 2016
    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).
  • MichaellMichaell Moderator Posts: 238,140
    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.

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  • bryan_kbryan_k Member Posts: 37
    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
  • MichaellMichaell Moderator Posts: 238,140
    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.

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  • bryan_kbryan_k Member Posts: 37
    Thank you!
  • bryan_kbryan_k Member Posts: 37
    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.
  • MichaellMichaell Moderator Posts: 238,140
    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.

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  • boxedbmwboxedbmw Member Posts: 3
    24/12k on 2016?

    $49650 otd

    thanks in advance.
  • MichaellMichaell Moderator Posts: 238,140
    boxedbmw said:

    24/12k on 2016?

    $49650 otd

    thanks in advance.

    What engine and trim level?

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  • boxedbmwboxedbmw Member Posts: 3
    Base 350gs
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