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2016 Lexus GS Lease Questions

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  • bbbidahobbbidaho Member Posts: 3
    Michaell said:

    bbbidaho said:

    Hi there, looking for May numbers. Idaho. GS350 and GS350 (F Sport). 36mo/12k. Could I have numbers for both please. What's the residual and money factor? Any incentives?

    Thank you!

    .00120 and 55% (base) or 56% (F-Sport).

    $3000 loyalty incentive is all we see.

    Thank you Michael... do you have any insights as to what kind of monthly payment I can expect on 12/36 with Tier 1 credit on base GS350 vs GS350 Sport?

    Thank you sir
  • bbbidahobbbidaho Member Posts: 3
    More details on my deal... I feel like I'm getting taken but I don't know exactly where

    GS350 Non F-Sport
    54,428 ($51,767 + $299 Doc Fee, $1648.02 Tax, $714 Non Tax Fees)

    Getting quoted $782 a month for 36 months at 12/36
    They are saying the car will be worth 54% or $29,537

    So $54,428 - $1,000 down - $28,152(My Payments for 3 years) = $25,276 or a difference of $4,200 from ($29,537)... where am I getting taken?

    Thank you
  • MichaellMichaell Moderator Posts: 263,063
    bbbidaho said:

    More details on my deal... I feel like I'm getting taken but I don't know exactly where

    GS350 Non F-Sport
    54,428 ($51,767 + $299 Doc Fee, $1648.02 Tax, $714 Non Tax Fees)

    Getting quoted $782 a month for 36 months at 12/36
    They are saying the car will be worth 54% or $29,537

    So $54,428 - $1,000 down - $28,152(My Payments for 3 years) = $25,276 or a difference of $4,200 from ($29,537)... where am I getting taken?

    Thank you

    Is the $54,428 the net cap cost? If so, what is the MSRP? Need both to calculate the payment.

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  • cramir350cramir350 Member Posts: 42
    I need MF and residual for 2016 GS200t in South FL. Would the $4650 lease cash be available for this model? Can I get the lease cash of 4650 in addition of the $3000 loyalty?

    12/36
    12/48

    Thanks!
  • kyfdxkyfdx Moderator Posts: 266,751
    cramir350 said:

    I need MF and residual for 2016 GS200t in South FL. Would the $4650 lease cash be available for this model? Can I get the lease cash of 4650 in addition of the $3000 loyalty?

    12/36
    12/48

    Thanks!

    56%/47% residual.
    .00100 MF and $4650 lease cash.

    No loyalty cash on this model.

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  • sammiebsammieb Member Posts: 4
    edited May 2016
    Hi. Do you have the May MF and RV numbers on a 2016 GS200t 36/15 and 40/15 in GA? Any payment incentives?
  • kyfdxkyfdx Moderator Posts: 266,751
    sammieb said:

    Hi. Do you have the May MF and RV numbers on a 2016 GS200t 36/15 and 40/15 in GA? Any payment incentives?

    36/15: .00100 MF and $4650 lease cash. 54% residual.

    40/15??

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  • sammiebsammieb Member Posts: 4
    kyfdx said:

    sammieb said:

    Hi. Do you have the May MF and RV numbers on a 2016 GS200t 36/15 and 40/15 in GA? Any payment incentives?

    36/15: .00100 MF and $4650 lease cash. 54% residual.

    40/15??
    i was told i could do 39 so i figured i could do 40. What about 42/15?
  • kyfdxkyfdx Moderator Posts: 266,751
    sammieb said:

    kyfdx said:

    sammieb said:

    Hi. Do you have the May MF and RV numbers on a 2016 GS200t 36/15 and 40/15 in GA? Any payment incentives?

    36/15: .00100 MF and $4650 lease cash. 54% residual.

    40/15??
    i was told i could do 39 so i figured i could do 40. What about 42/15?
    50% residual for 42/15

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  • cramir350cramir350 Member Posts: 42
    Is my math correct? 36/12 in South FL for 2016 GS200t

    MSRP $47,715.00
    Money Factor 0.001
    Residual 56%
    Dealer Fee 200
    Aquicition Fee 799
    Taxed Incentives 4650
    Down Payment (reducing cap cost) 650
    Registration 250
    Sale Price 41715

    CAP COST
    Sale Price $41,715.00
    Registration $250.00
    Dealer Fee $200.00
    Aquicition Fee $799.00
    Taxed Incentives $(4,650.00)
    Down Payment (reducing cap cost) $(650.00)
    NET CAP COST $37,664.00

    RESIDUAL VALUE $26,720.40

    DEPRECIATION $10,943.60
    Per month $303.99


    FINANCE CHARGE $64.38

    PAYMENT $368.37
    TAX 6% $22.10
    PAYMENT WITH TAX $390.48
  • kyfdxkyfdx Moderator Posts: 266,751
    cramir350 said:

    Is my math correct? 36/12 in South FL for 2016 GS200t

    MSRP $47,715.00
    Money Factor 0.001
    Residual 56%
    Dealer Fee 200
    Aquicition Fee 799
    Taxed Incentives 4650
    Down Payment (reducing cap cost) 650
    Registration 250
    Sale Price 41715

    CAP COST
    Sale Price $41,715.00
    Registration $250.00
    Dealer Fee $200.00
    Aquicition Fee $799.00
    Taxed Incentives $(4,650.00)
    Down Payment (reducing cap cost) $(650.00)
    NET CAP COST $37,664.00

    RESIDUAL VALUE $26,720.40

    DEPRECIATION $10,943.60
    Per month $303.99


    FINANCE CHARGE $64.38

    PAYMENT $368.37
    TAX 6% $22.10
    PAYMENT WITH TAX $390.48

    The math is correct.
    Acquisition fee should be just $700

    You are getting a $6000 discount + $4650 lease cash?

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  • cramir350cramir350 Member Posts: 42
    kyfdx said:
    Is my math correct? 36/12 in South FL for 2016 GS200t MSRP $47,715.00 Money Factor 0.001 Residual 56% Dealer Fee 200 Aquicition Fee 799 Taxed Incentives 4650 Down Payment (reducing cap cost) 650 Registration 250 Sale Price 41715 CAP COST Sale Price $41,715.00 Registration $250.00 Dealer Fee $200.00 Aquicition Fee $799.00 Taxed Incentives $(4,650.00) Down Payment (reducing cap cost) $(650.00) NET CAP COST $37,664.00 RESIDUAL VALUE $26,720.40 DEPRECIATION $10,943.60 Per month $303.99 FINANCE CHARGE $64.38 PAYMENT $368.37 TAX 6% $22.10 PAYMENT WITH TAX $390.48
    The math is correct. Acquisition fee should be just $700 You are getting a $6000 discount + $4650 lease cash?
    That is right. 6000 and 4650. Dealership is telling me their payment comes out to 399+tax. Where is the discrepancy?
  • heat0203heat0203 Member Posts: 4
    which dealer in SFL?
    cramir350 said:


    kyfdx said:

    cramir350 said:

    Is my math correct? 36/12 in South FL for 2016 GS200t

    MSRP $47,715.00
    Money Factor 0.001
    Residual 56%
    Dealer Fee 200
    Aquicition Fee 799
    Taxed Incentives 4650
    Down Payment (reducing cap cost) 650
    Registration 250
    Sale Price 41715

    CAP COST
    Sale Price $41,715.00
    Registration $250.00
    Dealer Fee $200.00
    Aquicition Fee $799.00
    Taxed Incentives $(4,650.00)
    Down Payment (reducing cap cost) $(650.00)
    NET CAP COST $37,664.00

    RESIDUAL VALUE $26,720.40

    DEPRECIATION $10,943.60
    Per month $303.99


    FINANCE CHARGE $64.38

    PAYMENT $368.37
    TAX 6% $22.10
    PAYMENT WITH TAX $390.48

    The math is correct.
    Acquisition fee should be just $700

    You are getting a $6000 discount + $4650 lease cash?

    That is right. 6000 and 4650. Dealership is telling me their payment comes out to 399+tax. Where is the discrepancy?

  • heat0203heat0203 Member Posts: 4
    Which Dealer in SFL? I'm here as well.
    cramir350 said:


    kyfdx said:

    cramir350 said:

    Is my math correct? 36/12 in South FL for 2016 GS200t

    MSRP $47,715.00
    Money Factor 0.001
    Residual 56%
    Dealer Fee 200
    Aquicition Fee 799
    Taxed Incentives 4650
    Down Payment (reducing cap cost) 650
    Registration 250
    Sale Price 41715

    CAP COST
    Sale Price $41,715.00
    Registration $250.00
    Dealer Fee $200.00
    Aquicition Fee $799.00
    Taxed Incentives $(4,650.00)
    Down Payment (reducing cap cost) $(650.00)
    NET CAP COST $37,664.00

    RESIDUAL VALUE $26,720.40

    DEPRECIATION $10,943.60
    Per month $303.99


    FINANCE CHARGE $64.38

    PAYMENT $368.37
    TAX 6% $22.10
    PAYMENT WITH TAX $390.48

    The math is correct.
    Acquisition fee should be just $700

    You are getting a $6000 discount + $4650 lease cash?

    That is right. 6000 and 4650. Dealership is telling me their payment comes out to 399+tax. Where is the discrepancy?
    cramir350 said:

    Is my math correct? 36/12 in South FL for 2016 GS200t

    MSRP $47,715.00
    Money Factor 0.001
    Residual 56%
    Dealer Fee 200
    Aquicition Fee 799
    Taxed Incentives 4650
    Down Payment (reducing cap cost) 650
    Registration 250
    Sale Price 41715

    CAP COST
    Sale Price $41,715.00
    Registration $250.00
    Dealer Fee $200.00
    Aquicition Fee $799.00
    Taxed Incentives $(4,650.00)
    Down Payment (reducing cap cost) $(650.00)
    NET CAP COST $37,664.00

    RESIDUAL VALUE $26,720.40

    DEPRECIATION $10,943.60
    Per month $303.99


    FINANCE CHARGE $64.38

    PAYMENT $368.37
    TAX 6% $22.10
    PAYMENT WITH TAX $390.48

  • kyfdxkyfdx Moderator Posts: 266,751
    cramir350 said:


    kyfdx said:

    cramir350 said:

    Is my math correct? 36/12 in South FL for 2016 GS200t

    MSRP $47,715.00
    Money Factor 0.001
    Residual 56%
    Dealer Fee 200
    Aquicition Fee 799
    Taxed Incentives 4650
    Down Payment (reducing cap cost) 650
    Registration 250
    Sale Price 41715

    CAP COST
    Sale Price $41,715.00
    Registration $250.00
    Dealer Fee $200.00
    Aquicition Fee $799.00
    Taxed Incentives $(4,650.00)
    Down Payment (reducing cap cost) $(650.00)
    NET CAP COST $37,664.00

    RESIDUAL VALUE $26,720.40

    DEPRECIATION $10,943.60
    Per month $303.99


    FINANCE CHARGE $64.38

    PAYMENT $368.37
    TAX 6% $22.10
    PAYMENT WITH TAX $390.48

    The math is correct.
    Acquisition fee should be just $700

    You are getting a $6000 discount + $4650 lease cash?

    That is right. 6000 and 4650. Dealership is telling me their payment comes out to 399+tax. Where is the discrepancy?

    $9/mo difference? Maybe the local tax rate is higher than 6%?

    Did you verify the actual NET cap cost with them?
    Also, your CAP cost reduction would be taxed as well.

    That's about $325 difference total.

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  • heat0203heat0203 Member Posts: 4
    cramir350 said:

    Is my math correct? 36/12 in South FL for 2016 GS200t

    MSRP $47,715.00
    Money Factor 0.001
    Residual 56%
    Dealer Fee 200
    Aquicition Fee 799
    Taxed Incentives 4650
    Down Payment (reducing cap cost) 650
    Registration 250
    Sale Price 41715

    CAP COST
    Sale Price $41,715.00
    Registration $250.00
    Dealer Fee $200.00
    Aquicition Fee $799.00
    Taxed Incentives $(4,650.00)
    Down Payment (reducing cap cost) $(650.00)
    NET CAP COST $37,664.00

    RESIDUAL VALUE $26,720.40

    DEPRECIATION $10,943.60
    Per month $303.99


    FINANCE CHARGE $64.38

    PAYMENT $368.37
    TAX 6% $22.10
    PAYMENT WITH TAX $390.48


    Which dealer is SFL?

  • aredlexaredlex Member Posts: 4
    Good Day, I am in need of some help. Could you please tell me the MF and Residual on a 2016 GS F Sport AWD 36 mo/ 12,000 miles a year and 36 mo/15,000 miles a year. Also would the MF and residual be better on a 24mo. lease with the same miles? Thank you in advance! I am located in New York.
  • kyfdxkyfdx Moderator Posts: 266,751
    aredlex said:

    Good Day, I am in need of some help. Could you please tell me the MF and Residual on a 2016 GS F Sport AWD 36 mo/ 12,000 miles a year and 36 mo/15,000 miles a year. Also would the MF and residual be better on a 24mo. lease with the same miles? Thank you in advance! I am located in New York.

    .00120 MF and 54%/52% residual for 36 months.

    24 month residuals are only 6% higher, so the payment would be much higher.

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  • sammiebsammieb Member Posts: 4
    is this a good deal on a lexus gs200t in GA?

    MSRP $49,925.00
    Money Factor 0.00125
    Residual 56%
    Dealer Fee 599
    Acquisition Fee 700
    Rebates 4650 + 6350
    Down Payment (reducing cap cost) 2000
    Registration 180

    Sale Price 38,925
    Trade value 22,000
    Trade payoff 34515

    Sales tax 7% (but reduced by $1500 due to trade)

    36/15 miles at $854
  • kyfdxkyfdx Moderator Posts: 266,751
    sammieb said:

    is this a good deal on a lexus gs200t in GA?

    MSRP $49,925.00
    Money Factor 0.00125
    Residual 56%
    Dealer Fee 599
    Acquisition Fee 700
    Rebates 4650 + 6350
    Down Payment (reducing cap cost) 2000
    Registration 180

    Sale Price 38,925
    Trade value 22,000
    Trade payoff 34515

    Sales tax 7% (but reduced by $1500 due to trade)

    36/15 miles at $854

    You have $12K in negative equity?

    How did you manage that?

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  • sammiebsammieb Member Posts: 4
    numerous factors. furlough, hail, prior negative equity ($4000), and my car didn't hold value
  • kyfdxkyfdx Moderator Posts: 266,751
    sammieb said:

    numerous factors. furlough, hail, prior negative equity ($4000), and my car didn't hold value

    Without the negative equity, the payment is about $500/mo. with $2000 down. That's not too bad.

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  • aviatorbubbaaviatorbubba Member Posts: 1
    Good afternoon. Looking for the MF and RV on a Gs350. 10,000/yr 36 mo. Will turn in my 2014 GS350 in 30 days. Any loyalty discounts in Ga. 
    Thanks
  • MichaellMichaell Moderator Posts: 263,063

    Good afternoon. Looking for the MF and RV on a Gs350. 10,000/yr 36 mo. Will turn in my 2014 GS350 in 30 days. Any loyalty discounts in Ga. 
    Thanks

    56% and .00100. $3000 loyalty cash and $500 lease cash.

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  • cramir350cramir350 Member Posts: 42
    What are the MF and residual for June? Any changes on the incentives?
  • MichaellMichaell Moderator Posts: 263,063
    cramir350 said:

    What are the MF and residual for June? Any changes on the incentives?

    What model, lease term, miles per year and location?

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  • cramir350cramir350 Member Posts: 42
    Michaell said:
    What are the MF and residual for June? Any changes on the incentives?
    What model, lease term, miles per year and location?
    12k/36 South Fl. Gs 200t
  • MichaellMichaell Moderator Posts: 263,063
    cramir350 said:


    Michaell said:

    cramir350 said:

    What are the MF and residual for June? Any changes on the incentives?

    What model, lease term, miles per year and location?

    12k/36 South Fl. Gs 200t

    56% and .00110.

    $4650 lease cash

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  • aviatorbubbaaviatorbubba Member Posts: 1
    Michaell said:
    Good afternoon. Looking for the MF and RV on a Gs350. 10,000/yr 36 mo. Will turn in my 2014 GS350 in 30 days. Any loyalty discounts in Ga. 
    Thanks
    56% and .00100. $3000 loyalty cash and $500 lease cash.
    Thanks Michaell
  • slolankanslolankan Member Posts: 263
    hello again!

    What are the MF/RV numbers for 24/36 mo , 12k/15k miles for GS 350 F sport in So Cal?

    Also, any incentives?

    Thanks!

  • kyfdxkyfdx Moderator Posts: 266,751
    slolankan said:

    hello again!

    What are the MF/RV numbers for 24/36 mo , 12k/15k miles for GS 350 F sport in So Cal?

    Also, any incentives?

    Thanks!

    .00120 MF and 60%/54% residual for 24/36 mo, 15K/yr.
    Add 2% for 12K/yr.

    $3000 loyalty cash.

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  • tjffl561tjffl561 Member Posts: 7
    Hello, I would like the MF and residual values for a 2016 GS350 F Sport lease in South Florida for 36/10k and 36/12k leases, please.

    Thank you very much.
  • MichaellMichaell Moderator Posts: 263,063
    tjffl561 said:

    Hello, I would like the MF and residual values for a 2016 GS350 F Sport lease in South Florida for 36/10k and 36/12k leases, please.

    Thank you very much.

    57% / 56% and .00120. $500 lease cash.

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  • johnxkrnjohnxkrn Member Posts: 16
    Hello,

    From Southern California looking at GS200t to lease

    Just got quote from a dealer for GS200t MSRP $50,025
    Money Factor - .00111(is this correct)?
    Residual value - $28,514
    $0 out of pocket

    Monthly payment $470 for 36 month lease 10k miles per yr.

    Is this a reasonable deal?

  • MichaellMichaell Moderator Posts: 263,063
    johnxkrn said:

    Hello,

    From Southern California looking at GS200t to lease

    Just got quote from a dealer for GS200t MSRP $50,025
    Money Factor - .00111(is this correct)?
    Residual value - $28,514
    $0 out of pocket

    Monthly payment $470 for 36 month lease 10k miles per yr.

    Is this a reasonable deal?

    What is the selling price and/or the adjusted capitalized cost?

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  • johnxkrnjohnxkrn Member Posts: 16
    edited June 2016
    Selling price is $45034 including taxes and fees
  • kyfdxkyfdx Moderator Posts: 266,751
    johnxkrn said:

    Hello,

    From Southern California looking at GS200t to lease

    Just got quote from a dealer for GS200t MSRP $50,025
    Money Factor - .00111(is this correct)?
    Residual value - $28,514
    $0 out of pocket

    Monthly payment $470 for 36 month lease 10k miles per yr.

    Is this a reasonable deal?

    johnxkrn said:

    Selling price is $45034 including taxes and fees

    .00110 MF and 57% residual.
    $4650 lease cash.

    With that amount of lease cash, I'd get a breakdown of all charges. On the surface, that looks like a good payment, but the adjusted CAP cost is definitely lower than your selling price, probably because the rebate has been applied.

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  • johnxkrnjohnxkrn Member Posts: 16
    How does lease cash differ from other type of discounts/rebate? Dealer is confusing me with the explanation that for every $1,000 lease cash rebate, the payment just reduces about $20...

    I am debating if I should take the deal at that price or be more aggressive on the price.
    What would be the selling price of the car if monthly payment that I am looking is $430/month $0 out of pocket, 36month/10k miles per year? MF .00110, 57% residual on a $50,025 MSRP gs200t.

    I am located in Los angeles county, CA

    Thanks everyone
  • kyfdxkyfdx Moderator Posts: 266,751
    johnxkrn said:

    How does lease cash differ from other type of discounts/rebate? Dealer is confusing me with the explanation that for every $1,000 lease cash rebate, the payment just reduces about $20...

    I am debating if I should take the deal at that price or be more aggressive on the price.
    What would be the selling price of the car if monthly payment that I am looking is $430/month $0 out of pocket, 36month/10k miles per year? MF .00110, 57% residual on a $50,025 MSRP gs200t.

    I am located in Los angeles county, CA

    Thanks everyone

    Lease cash works like any other rebate, but it is also taxed. If you have a 9% tax rate, then only $910 will get applied as a CAP cost reduction. It still should result in a nearly $29/mo. difference per $1000 on a 36 month lease, once you account for sales tax on the payment, as well.

    We'd need to know the tax rate and other local costs to reverse engineer a payment, especially if it is all being rolled in, including the first payment. $430/mo. with zero out of pocket looks pretty cheap, though.

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  • nelson2525nelson2525 Member Posts: 19
    Could I get the mf and residual for a gs 350 base rwd on a 12/36, 12/42, and 12/48 lease. In central California? Thanks in advance.
  • kyfdxkyfdx Moderator Posts: 266,751

    Could I get the mf and residual for a gs 350 base rwd on a 12/36, 12/42, and 12/48 lease. In central California? Thanks in advance.

    .00120 MF and 55%/51%/46% residual. $2000 lease cash

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  • nelson2525nelson2525 Member Posts: 19
    Is the 3000 loyalty cash combinable with the lease cash?
  • MichaellMichaell Moderator Posts: 263,063

    Is the 3000 loyalty cash combinable with the lease cash?

    Don't know.

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  • miketx1miketx1 Member Posts: 6
    In Texas: MF, Residual % on a GS 350 RWD (base and FSport)? 36 mo, 10k/year. Other incentives? My prev. lexus lease is expiring soon. Thanks!!
  • MichaellMichaell Moderator Posts: 263,063
    miketx1 said:

    In Texas: MF, Residual % on a GS 350 RWD (base and FSport)? 36 mo, 10k/year. Other incentives? My prev. lexus lease is expiring soon. Thanks!!

    56% and .00120. $3000 loyalty cash.

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  • nelson2525nelson2525 Member Posts: 19
    Thank you for the info. If someone knows the answer to that question I would appreciate it.
  • jay1577jay1577 Member Posts: 12
    Looking for the residual and MF for GSF 2016??? What is a good discount off MSRP??
  • kyfdxkyfdx Moderator Posts: 266,751
    jay1577 said:

    Looking for the residual and MF for GSF 2016??? What is a good discount off MSRP??

    .00110 MF and 52% residual for 36/15.

    Which state? There is lease cash, but it varies by region.

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  • jay1577jay1577 Member Posts: 12
    Look at 36/12k in NC
  • MichaellMichaell Moderator Posts: 263,063
    jay1577 said:

    Look at 36/12k in NC

    $5000 lease cash. Add 2% to the residual for 12,000 miles per year

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