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

eyedoc2008

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%

kyfdx

eyedoc2008 said:

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?

eyedoc2008

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 

kyfdx

eyedoc2008 said:

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.

ArturoGatti

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?

ArturoGatti

Where did you find a dealer in So .ca wanting to lease a GSF?

kyfdx

ArturoGatti said:

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.

ArturoGatti

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 

Michaell

ArturoGatti said:

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