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2017 Lexus GS 350 Lease Deals and Prices

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  • ironmannironmann Member Posts: 4
    Hi - can you please provide numbers for: 2017 GS350 AWD F-Sport Package for 36 month 12k miles a year in Northern Virginia.

  • kyfdxkyfdx Moderator Posts: 266,109
    Sorry, but we haven't seen the new July lease program, yet.

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  • amrk107amrk107 Member Posts: 7
    Hi, can I please get the MF and RV for 36/12 for a GS350 F-Sport?

    Thank you!
  • MichaellMichaell Moderator Posts: 262,644
    amrk107 said:

    Hi, can I please get the MF and RV for 36/12 for a GS350 F-Sport?

    Thank you!

    We do not have the July Lexus lease program information.

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  • freshprincefreshprince Member Posts: 22
    Hi,

    Looking for MF and RV of 2017 GS350 F-Sport AWD

    36 month @10k in Seattle,WA.

    Also any lease cash?
  • MichaellMichaell Moderator Posts: 262,644

    Hi,

    Looking for MF and RV of 2017 GS350 F-Sport AWD

    36 month @10k in Seattle,WA.

    Also any lease cash?

    Sorry, we didn't get the Lexus numbers for July, yet.

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  • kyfdxkyfdx Moderator Posts: 266,109
    ironmann said:

    Hi - can you please provide numbers for: 2017 GS350 AWD F-Sport Package for 36 month 12k miles a year in Northern Virginia.

    .00030 MF and 52% residual
    $3500 lease cash

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  • kyfdxkyfdx Moderator Posts: 266,109
    amrk107 said:

    Hi, can I please get the MF and RV for 36/12 for a GS350 F-Sport?

    Thank you!

    .00030 MF and 52% residual
    $3500 lease cash

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  • kyfdxkyfdx Moderator Posts: 266,109

    Hi,

    Looking for MF and RV of 2017 GS350 F-Sport AWD

    36 month @10k in Seattle,WA.

    Also any lease cash?

    .00030 MF and 53% residual
    $3500 lease cash

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  • amrk107amrk107 Member Posts: 7
    kyfdx said:

    amrk107 said:

    Hi, can I please get the MF and RV for 36/12 for a GS350 F-Sport?

    Thank you!

    .00030 MF and 52% residual
    $3500 lease cash
    Thank you! I'll be going to my dealer tonight.
  • Hello everyone,

    I am looking to lease a new 2017 GS 350 RWD with an MSRP of $52,975. I was able to negotiate a seller price of $47,718 based on TrueCar. My term is 36 months at 10k miles per year. With no deposit my monthly is $608 which includes the final two payments of my current lease (BMW-$1094). The money factor was .0008, I have a credit score of 770. The residual of the vehicle would be $27,547. Finally, the purchase price of the vehicle with taxes and fees is $52,702. Is this a fair deal? Any advice on how I can get a better one? Trying to have a monthly payment under $600. Thank you all so much!
  • kyfdxkyfdx Moderator Posts: 266,109
    ldetr2017 said:

    Hello everyone,

    I am looking to lease a new 2017 GS 350 RWD with an MSRP of $52,975. I was able to negotiate a seller price of $47,718 based on TrueCar. My term is 36 months at 10k miles per year. With no deposit my monthly is $608 which includes the final two payments of my current lease (BMW-$1094). The money factor was .0008, I have a credit score of 770. The residual of the vehicle would be $27,547. Finally, the purchase price of the vehicle with taxes and fees is $52,702. Is this a fair deal? Any advice on how I can get a better one? Trying to have a monthly payment under $600. Thank you all so much!

    .00030 MF and 52% residual. $3500 lease cash
    Your money factor is marked up.

    Which state? The total amount for purchase with tax might be irrelevant, if your state taxes the monthly payment.

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  • Hi kyfdx, thanks for responding! This is in California. Thank you for letting me know about the MF mark up! Will definitely look out for that. Don't think I'll do any security deposits if the MF is already that low.
  • kyfdxkyfdx Moderator Posts: 266,109
    ldetr2017 said:

    Hi kyfdx, thanks for responding! This is in California. Thank you for letting me know about the MF mark up! Will definitely look out for that. Don't think I'll do any security deposits if the MF is already that low.

    California taxes the monthly payment. Ask them for a lease quote, that only includes the numbers applicable to a lease.

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  • Will do! Thank you so much for your advice.
  • craigfordsalescraigfordsales Member Posts: 35
    Hi Kyfdx, I have a current lease with Lexus, can I take the $3,500 + $2,000 Loyalty money against a lease on a 2017 GS?

    Also can you provide me with the residual / MF on a GS350 RWD & GS350 F Sport RWD respectively for 24 months 15K miles? Thanks so much! Craig
  • kyfdxkyfdx Moderator Posts: 266,109

    Hi Kyfdx, I have a current lease with Lexus, can I take the $3,500 + $2,000 Loyalty money against a lease on a 2017 GS?

    Also can you provide me with the residual / MF on a GS350 RWD & GS350 F Sport RWD respectively for 24 months 15K miles? Thanks so much! Craig

    I don't think the $2000 is loyalty money. I show it listed as "Lexus Cash", and that's not compatible with the lease program.

    .00030 MF and 55%/56% residual for non-F/Fsport for 24/15

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  • craigfordsalescraigfordsales Member Posts: 35
    kyfdx, you are the unquestioned authority on these programs, I may be reading it wrong, I'm not sure what "CT Lessees" means. This is what I pulled off the edmunds available rebates section for the GS:

    Loyalty $ Offer
    Requirements and Restrictions:
    Customers who currently CT Lessees qualify for loyalty reward towards the purchase or lease of any new MY17 model.
    Customer $ Offer Start End
    $2,000 Loyalty 07/06/2017 07/31/2017
  • kyfdxkyfdx Moderator Posts: 266,109

    kyfdx, you are the unquestioned authority on these programs, I may be reading it wrong, I'm not sure what "CT Lessees" means. This is what I pulled off the edmunds available rebates section for the GS:

    Loyalty $ Offer
    Requirements and Restrictions:
    Customers who currently CT Lessees qualify for loyalty reward towards the purchase or lease of any new MY17 model.
    Customer $ Offer Start End
    $2,000 Loyalty 07/06/2017 07/31/2017

    Don't know.. .maybe lessees of a CT200h model?

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  • houstongs350houstongs350 Member Posts: 2
    Hello all, I am in the market for a 2017 GS350 Fsport. I went to the dealership and was given the following numbers.
    MSRP: $56,685
    Internet discount: $4500
    Lexus Lease cash: $3500
    10k miles/36 months
    $662/month (possibly $650 if sales man can get approval- sales tactic)
    Residual value: $30,210

    $0 down, my trade in would be the only down payment
    $3500 trade in value.
    NADA website shows clean trade in value of $5100 and average trade in value of $4100.

    This is my first time leasing and I just want to make sure that I'm getting a fair deal.
    Would you guys consider this a good deal? Any help is greatly appreciated.
  • MichaellMichaell Moderator Posts: 262,644

    Hello all, I am in the market for a 2017 GS350 Fsport. I went to the dealership and was given the following numbers.
    MSRP: $56,685
    Internet discount: $4500
    Lexus Lease cash: $3500
    10k miles/36 months
    $662/month (possibly $650 if sales man can get approval- sales tactic)
    Residual value: $30,210

    $0 down, my trade in would be the only down payment
    $3500 trade in value.
    NADA website shows clean trade in value of $5100 and average trade in value of $4100.

    This is my first time leasing and I just want to make sure that I'm getting a fair deal.
    Would you guys consider this a good deal? Any help is greatly appreciated.

    53% and .00030

    TX assesses sales tax for a lease against the entire selling price, which makes your payment expensive.

    Ask the dealer for the adjusted cap cost, with all the taxes and fees added in

    We suggest you use your trade equity just for the first payment and DMV costs; have the dealer cut you a check for the balance.

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  • houstongs350houstongs350 Member Posts: 2
    Thank you for your response! I thought the payment seemed expensive. So would you say that leasing in TX is not a good idea due to the tax issue?
  • kyfdxkyfdx Moderator Posts: 266,109

    Thank you for your response! I thought the payment seemed expensive. So would you say that leasing in TX is not a good idea due to the tax issue?

    It certainly doesn't help.

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  • mikeshawmikeshaw Member Posts: 2
    edited July 2017
    Hi, I am looking to purchase a new GS350 FSPORT AWD. I want to keep the car 10 years. It seems like the customer cash incentive is higher on the lease though and there is more action on this lease board than the purchase board. How would you approach leasing a car you want to you want to buy at the end of the lease? Should I say 36 months/12k, ask for the residual and then add up the down payment, sum of payments, and residual to get a price equivalent to purchasing? Also I can take advantage of the VSPP program (my niece works for Toyota). How can I find out which incentives I can combine with VSPP. For example, can I combine the VSPP ($6,500), Lease Cash ($3,500), and Takata Airbag recall loyalty ($2,000). If it helps I live in Pennsylvania. Thanks in advance! I appreciate all the great advice on here!
  • kyfdxkyfdx Moderator Posts: 266,109
    mikeshaw said:

    Hi, I am looking to purchase a new GS350 FSPORT AWD. I want to keep the car 10 years. It seems like the customer cash incentive is higher on the lease though and there is more action on this lease board than the purchase board. How would you approach leasing a car you want to you want to buy at the end of the lease? Should I say 36 months/12k, ask for the residual and then add up the down payment, sum of payments, and residual to get a price equivalent to purchasing? Also I can take advantage of the VSPP program (my niece works for Toyota). How can I find out which incentives I can combine with VSPP. For example, can I combine the VSPP ($6,500), Lease Cash ($3,500), and Takata Airbag recall loyalty ($2,000). If it helps I live in Pennsylvania. Thanks in advance! I appreciate all the great advice on here!

    The incentive is only $1500 more for leasing. But, you'll also have to pay a $795 acquisition fee, so that only makes it $700 less. In PA, sales tax on the lease is on the payments at a rate that is 3% higher than purchase. Then, you'll have to pay sales tax on the vehicle when you buy it from the bank at lease end.
    Also, while the lease financing is fairly low, you'll then have a used car loan to buy it at lease end, at probably less than favorable rates. I wouldn't do all that to attempt to save $700.

    Lexus currently offers 1.9% financing on this model, up to 60 months. That's the way I would go.

    No idea how the VSPP works for Lexus.

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  • mikeshawmikeshaw Member Posts: 2
    Thank you for quick response and perspective kyfdx! I will take your advice, keep things simple, and go after the 1.9% financing instead.
  • taktix1taktix1 Member Posts: 33
    Do you have the august MF/Residuals for a GS350 AWD? 10k/12k. Along with any incentives. Does adding packages affect the lease numbers? For ex. adding premium package or luxury package. Thanks!
  • MichaellMichaell Moderator Posts: 262,644
    taktix1 said:

    Do you have the august MF/Residuals for a GS350 AWD? 10k/12k. Along with any incentives. Does adding packages affect the lease numbers? For ex. adding premium package or luxury package. Thanks!

    Base or F-Sport?

    Packages or options do not change the numbers.

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  • taktix1taktix1 Member Posts: 33
    Michaell said:
    Do you have the august MF/Residuals for a GS350 AWD? 10k/12k. Along with any incentives. Does adding packages affect the lease numbers? For ex. adding premium package or luxury package. Thanks!
    Base or F-Sport? Packages or options do not change the numbers.
    Base please. Thanks!
  • MichaellMichaell Moderator Posts: 262,644
    taktix1 said:


    Michaell said:

    taktix1 said:

    Do you have the august MF/Residuals for a GS350 AWD? 10k/12k. Along with any incentives. Does adding packages affect the lease numbers? For ex. adding premium package or luxury package. Thanks!

    Base or F-Sport?

    Packages or options do not change the numbers.

    Base please. Thanks!

    52% / 51% and .00030

    $3500 lease cash

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  • dj79texasdj79texas Member Posts: 7
    Hi, could you please provide numbers for GS350 F-Sport in Texas, 36/15K? Thanks.
  • MichaellMichaell Moderator Posts: 262,644
    dj79texas said:

    Hi, could you please provide numbers for GS350 F-Sport in Texas, 36/15K? Thanks.

    .00030 and 50%

    $3500 lease cash

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  • tampacarguytampacarguy Member Posts: 14
    Hi,

    What is the current MF & RV for 2017 Lexus GS350 F-Sport RWD? I'm located in Florida. Also, aside from the $3500 lease cash, what is the typical discount one can expect to negotiate off the msrp? 5% - 7%?

    Thanks!!
  • MichaellMichaell Moderator Posts: 262,644

    Hi,

    What is the current MF & RV for 2017 Lexus GS350 F-Sport RWD? I'm located in Florida. Also, aside from the $3500 lease cash, what is the typical discount one can expect to negotiate off the msrp? 5% - 7%?

    Thanks!!

    50% and .00030 for 36/15

    $3500 lease cash

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  • tampacarguytampacarguy Member Posts: 14
    Hi,

    What is the current MF & RV for 2017 Lexus GS350 F-Sport RWD? I'm located in Florida. Also, aside from the $3500 lease cash, what is the typical discount one can expect to negotiate off the msrp? 5% - 7%?

    Thanks!!

    50% and .00030 for 36/15

    $3500 lease cash

    Thanks for the quick response! Sorry, I forgot to mention for 36/12.
  • tampacarguytampacarguy Member Posts: 14
    Michaell said:

    Hi,

    What is the current MF & RV for 2017 Lexus GS350 F-Sport RWD? I'm located in Florida. Also, aside from the $3500 lease cash, what is the typical discount one can expect to negotiate off the msrp? 5% - 7%?

    Thanks!!

    50% and .00030 for 36/15

    $3500 lease cash
    Sorry, I meant to ask for 36/12......thank you.
  • kyfdxkyfdx Moderator Posts: 266,109

    Michaell said:

    Hi,

    What is the current MF & RV for 2017 Lexus GS350 F-Sport RWD? I'm located in Florida. Also, aside from the $3500 lease cash, what is the typical discount one can expect to negotiate off the msrp? 5% - 7%?

    Thanks!!

    50% and .00030 for 36/15

    $3500 lease cash
    Sorry, I meant to ask for 36/12......thank you.
    Add 2% to the residual

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  • tampacarguytampacarguy Member Posts: 14
    Here's the best lease deal I got: (located in FL)

    2017 GS 350 F-Sport RWD
    36 months
    12k miles/yr
    $589/month tax included
    $1475 up front for startups (dealer fee, tag & govt fees)

    Good luck everyone!
  • MichaellMichaell Moderator Posts: 262,644

    Here's the best lease deal I got: (located in FL)

    2017 GS 350 F-Sport RWD
    36 months
    12k miles/yr
    $589/month tax included
    $1475 up front for startups (dealer fee, tag & govt fees)

    Good luck everyone!

    Congrats!

    Enjoy the new Lexus!

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  • jinphamjinpham Member Posts: 4
    2017 GS 350 AWD F-Sport
    36/mo 12k and 15k

    Thx
  • MichaellMichaell Moderator Posts: 262,644
    jinpham said:

    2017 GS 350 AWD F-Sport
    36/mo 12k and 15k

    Thx

    50% and .00030 for 36/15
    Add 2% for 12K
    $3500 lease cash

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  • jinphamjinpham Member Posts: 4
    How about 2017 GS F
    36/mo 12k and 15k
  • kyfdxkyfdx Moderator Posts: 266,109
    jinpham said:

    How about 2017 GS F
    36/mo 12k and 15k

    .00100 MF and 52%/50% residual
    $2000 lease cash

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  • jordan88jordan88 Member Posts: 33
    Hello can I please have the MF and RV on a 2017 Lexus GS350 AWD in MA. Please include any incentives including loyalty. 12k/36 15k/36

    Thank You!
  • kyfdxkyfdx Moderator Posts: 266,109
    jordan88 said:

    Hello can I please have the MF and RV on a 2017 Lexus GS350 AWD in MA. Please include any incentives including loyalty. 12k/36 15k/36

    Thank You!

    .00030 MF and 51%/49% residual
    $3500 lease cash

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  • blinky3blinky3 Member Posts: 2
    edited September 2017
    Hi, can i have the mf and residiual as well as any incentives for 17 gs 350 awd in virginia? Thanks!! 3yr/10 and 2/yr/10. Do they offer 3yr/7500? Im a low mile user. Also - any idea whatll happen to incentives come Wednesday? 
  • kyfdxkyfdx Moderator Posts: 266,109
    blinky3 said:

    Hi, can i have the mf and residiual as well as any incentives for 17 gs 350 awd in virginia? Thanks!! 3yr/10 and 2/yr/10. Do they offer 3yr/7500? Im a low mile user. Also - any idea whatll happen to incentives come Wednesday? 

    .00030 MF
    $3500 lease cash
    58%/52% residual for 24/36 mo, 10K/yr
    Add 1% for 7.5K/yr

    Don't know what will happen on Wednesday, but the numbers are likely to be different.

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  • blinky3blinky3 Member Posts: 2
    edited September 2017
    Should the lease cash incentives be applied to lower msrp or be applied as cash down to lower the monthly? Do dealers try ‘smartly’ move it to other areas? Curious how customers can apply the lease cash. 
  • kyfdxkyfdx Moderator Posts: 266,109
    blinky3 said:

    Should the lease cash incentives be applied to lower msrp or be applied as cash down to lower the monthly? Do dealers try ‘smartly’ move it to other areas? Curious how customers can apply the lease cash. 

    Lexus considers it a consumer rebate, and applies it as a CAP reduction.

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  • treated07treated07 Member Posts: 8
    Hello may I please have the September MF, residual, and any lease cash for a 350 F Sport.
    36/15 and 36/12 in Illinois.
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