RMoney Factor and Residual Request for Lexus IS 200t
pdurant1980
Member Posts: 18
Can you please provide residual for 10k and 12k on the base model as well as money factor for the higher (bad credit) tiers of 5, 6, and 7? Thanks very much.
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Can you provide the current June incentives (any additional rebates) for 2016 Lexus IS 200t F Sport lease MF and residual for 36/12K, for tier 1+. I'm in Northern California - SF Region zip 95050
Also, what is the Multiple Sesurity Deposit (MSD's) MF discount for each security deposit and what is the max MSD can be applied?
Thank you in advance for your help!
I think the MSD program allows 9 MSDs, each of which reduce the MF by .00008
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Thanks in advance!!
Thanks in advance!!
IS 200t? 36/12?
.00110 MF and 62% residual. $1800 lease cash.
For Lexus, lease cash is a factory to customer incentive.
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Thanks in advance!
So pardon my lack of knowledge, but does that mean that the $1800 cash would be deducted from the Cap Cost of the car, or could it be put towards the payoff of my current lease?
Thanks again!
.00110 MF and 62% residual. $1800 lease cash.
For Lexus, lease cash is a factory to customer incentive.
Yes I'm looking for the MF and Residual for IS 200t 36/12...Tier 1 and 2 please.
So pardon my lack of knowledge, but does that mean that the $1800 cash would be deducted from the Cap Cost of the car, or could it be put towards the payoff of my current lease?
Thanks again!
It's used as a CAP cost reduction.
Tier 2 adds .00045 to the money factor given above.
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Florida
Term: 36/12
MSRP: $45,148
Dealer invoice: $42,007
Cap Cost: 40,150 (apparently that includes the $1800 lease cash, so doesn't seem like a "discount" from the dealer)
Total Out of Pocket: $2750 - sales person said this includes the dealer fee of 799 plus doc fee of like 400, plus first month and taxes...seems a bit steep.
$375 / month + tax = $401/month.
It seems like a good deal, but this was the first pass at them, with barely even trying to negotiate (was in and out in an hour including a test drive).
Thanks for your help!
Though the $799 dealer fee takes some of that back.
Some of that $2750 must be for CAP reduction, because that MSRP and CAP cost results in $412/mo. plus tax, and you are well under that. I'd ask for the adjusted CAP cost, because it must be even lower than $40,150.
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Here's the quote I received today from a local dealer:
DISC includes BOA fleet + $2600 + complimentary 1st pymt: $38,479.00
Due at signing: $2800.00 (I would prefer Zero if possible)
Term: 12/36
Residual: $25,826.40
PYMT: $447.47
Not sure what MF was used in above calculation. thanks in advance!
What is the MSRP? $43,044?
Tax on a Texas lease is on the full purchase price. Maybe that's what all the upfront money is for? You can always have them roll that in to the lease payment, but you'll be up around $530/mo.
Doesn't look like that fleet discount is any more than Joe Schmo can get by walking into the dealership, though.
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$3000 lease cash and complimentary first payment.
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