Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Have you recently switched from a luxury sedan to a luxury SUV?
A reporter would like to talk to you; please reach out to [email protected] by 7/25 for more details.
Did you get a great deal? Let us know in the Values & Prices Paid section!
Meet your fellow owners in our Owners Clubs

2016 Lexus GSF initial quote ...what do you think

eyedoc2008eyedoc2008 Posts: 13
edited September 2016 in Lexus
hey all, so this is my quote from a dealer in So. cal for. '16 Lexus GSF. Haven't tried negotiating anything yet but what do you think? Your advice is greatly appreciated. I'm looking at a 36mo/10k lease
MSRP $88154
Discount savings $8156
Selling price $79998
Doc prep fee $80
Lic/title $648
Tire/battery/VTR fee $8.75
Acquisition fee $700
Tax on collected items $733.48
Total Cap $$82168.23
Cash cap reduction -$149.83
Rebate savings -$8000
Net cap $74018.40

Base payment $779.97
Monthly tax $70.20
36 month payment $850.17

Due on delivery $1000 ($149.83 cash cap red +  1st mo payment $850.17)
MF with x9 MSD .00038
Residual 54%

Comments

  • kyfdxkyfdx Everywhere, USAPosts: 123,015

    hey all, so this is my quote from a dealer in So. cal for. '16 Lexus GSF. Haven't tried negotiating anything yet but what do you think? Your advice is greatly appreciated. I'm looking at a 36mo/10k lease

    MSRP $88154
    Discount savings $8156
    Selling price $79998
    Doc prep fee $80
    Lic/title $648
    Tire/battery/VTR fee $8.75
    Acquisition fee $700
    Tax on collected items $733.48
    Total Cap $$82168.23
    Cash cap reduction -$149.83
    Rebate savings -$8000
    Net cap $74018.40

    Base payment $779.97
    Monthly tax $70.20
    36 month payment $850.17

    Due on delivery $1000 ($149.83 cash cap red +  1st mo payment $850.17)
    MF with x9 MSD .00038
    Residual 54%
    I get the same numbers.. But, don't you have another $8100 due on delivery for the MSDs?

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

    Edmunds Moderator

  • Any updates on residual and MF on a '16 GSF for this month? I'm looking at a 36mo with 10k and I live in so cal. Thanks in advance 
  • kyfdxkyfdx Everywhere, USAPosts: 123,015

    Any updates on residual and MF on a '16 GSF for this month? I'm looking at a 36mo with 10k and I live in so cal. Thanks in advance 

    Lexus only updates residuals quarterly, so it's still 54% for 36/10.

    The documents I have show MF of .00190 and $10K of dealer cash, this month.
    But, I don't have Western Region docs, so it may be different in CA.

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

    Edmunds Moderator

  • Live in So. Ca. Trying to lease a CPO GFS 2016. Responses are "we don't lease used cars" Not sure I understand their logic. They're quick to point to this being a special car with limited production. When I point out that it's a limited production vehicle because Lexus is discontinuing the GS series in part that the price for the GFS can't compete with AMG and M Series BMW's both in terms if price and performance that ends the discussion. Is Lexus amenable to leasing CPO GFS's and am I peeing up a rope?
  • Where did you find a dealer in So .ca wanting to lease a GSF?
  • kyfdxkyfdx Everywhere, USAPosts: 123,015

    Live in So. Ca. Trying to lease a CPO GFS 2016. Responses are "we don't lease used cars" Not sure I understand their logic. They're quick to point to this being a special car with limited production. When I point out that it's a limited production vehicle because Lexus is discontinuing the GS series in part that the price for the GFS can't compete with AMG and M Series BMW's both in terms if price and performance that ends the discussion. Is Lexus amenable to leasing CPO GFS's and am I peeing up a rope?

    Leasing used cars rarely works out. The math just works against you.
    If the dealer says they can't lease it, then that's a pretty good sign that it isn't possible.

    The other posts in this discussion are two years old.

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

    Edmunds Moderator

  • Needing feedback on a lease offer for a 2019 GFS 10th anniversary car. MSRP is $92,836. Sales price $73,500. MF: .00015, RV: 52%. 36 months, 12K miles/yr. $7K down payment (I'm waiting for response for the 3K buyer cash if coming from different manufacturer). Payments are $863/mo
     Is this a decent deal? If not, where do I need to hit them up for? Looking forward to feedback. Thanks folks  Arturo Gatti 
  • MichaellMichaell ColoradoPosts: 114,613

    Needing feedback on a lease offer for a 2019 GFS 10th anniversary car. MSRP is $92,836. Sales price $73,500. MF: .00015, RV: 52%. 36 months, 12K miles/yr. $7K down payment (I'm waiting for response for the 3K buyer cash if coming from different manufacturer). Payments are $863/mo
     Is this a decent deal? If not, where do I need to hit them up for? Looking forward to feedback. Thanks folks  Arturo Gatti 

    Please repost in the 2019 GS lease thread, here:

    https://forums.edmunds.com/discussion/53098/lexus/gs-350/2019-lexus-gs-lease-deals-and-prices#latest

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

This discussion has been closed.