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2016 Lexus GS Lease Questions

kyfdxkyfdx Everywhere, USAPosts: 127,848
edited March 2016 in Lexus
Ask your 2016 GS lease questions here!

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

Edmunds Moderator

«13456713

Comments

  • Would you have the MF and Residual for 2016 RWB GS350 in Florida?
  • kyfdxkyfdx Everywhere, USAPosts: 127,848

    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

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

    Edmunds Moderator

  • thanks. would you have the 10K / 12K residual for 36 month?
  • MichaellMichaell ColoradoPosts: 121,216

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

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

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • fpinhofpinho 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 ColoradoPosts: 121,216
    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

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • eshlaneshlan 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 ColoradoPosts: 121,216
    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.

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 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 ColoradoPosts: 121,216
    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.

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Thanks for the information. Does Lexus offer incentives at any other time of the year other than the "December to Remember" promotion?
  • MichaellMichaell ColoradoPosts: 121,216
    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.

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 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 ColoradoPosts: 121,216
    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?

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 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!
  • 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 ColoradoPosts: 121,216

    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%.

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • MichaellMichaell ColoradoPosts: 121,216
    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.

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 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 Everywhere, USAPosts: 127,848

    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

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

    Edmunds Moderator

  • Still do not see how they come up with $499? Can you show the math? 
    Thanks
  • kyfdxkyfdx Everywhere, USAPosts: 127,848

    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.. ;-)

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

    Edmunds Moderator

  • bryanp04bryanp04 Posts: 5
    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 ColoradoPosts: 121,216
    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.

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • avmbaavmba Orange County, CAPosts: 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 Posts: 5
    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 Posts: 23
    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 ColoradoPosts: 121,216
    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

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • esarjeantesarjeant IndianapolisPosts: 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 Everywhere, USAPosts: 127,848
    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.

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

    Edmunds Moderator

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