2017 Lexus GX 460 Lease Deals and Prices

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  • user1user1 Member Posts: 45
    Hi there.  Current MF and residual for 24/10 please?  Thanks.
  • MichaellMichaell Moderator Posts: 251,502
    user1 said:

    Hi there.  Current MF and residual for 24/10 please?  Thanks.

    73% and .00170

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  • piper87piper87 Member Posts: 3
    Do these numbers make sense?
    thanks!


    Money Factor: .0017

    residual percentage for 12,000 miles: 64%

    You said $0.00 due at signing. Down payment below has the inception fees rolled into the lease payment.
    Inception fees are;

    1) first payment $689.00

    2) Acquisition fee $700.00

    3) doc fee $495.00

    4) registration costs$ 170.00 

    5) and upfront taxes

    2017
 Make: Lexus
 Model: GX 460

    MSRP: $58,515.00
Savings $5,515.00
    EPrice: $53,000.00
    Lease terms: 36 months - 12,000 miles per year
    $0.00 due at signing - $689.00 includes monthly sales tax.
  • MichaellMichaell Moderator Posts: 251,502
    piper87 said:

    Do these numbers make sense?
    thanks!


    Money Factor: .0017

    residual percentage for 12,000 miles: 64%

    You said $0.00 due at signing. Down payment below has the inception fees rolled into the lease payment.
    Inception fees are;

    1) first payment $689.00

    2) Acquisition fee $700.00

    3) doc fee $495.00

    4) registration costs$ 170.00 

    5) and upfront taxes

    2017
 Make: Lexus
 Model: GX 460

    MSRP: $58,515.00
Savings $5,515.00
    EPrice: $53,000.00
    Lease terms: 36 months - 12,000 miles per year
    $0.00 due at signing - $689.00 includes monthly sales tax.

    I confirm the MF and residual.

    What is the adjusted cap cost, with the taxes and fees rolled in?

    What state and tax rate is this?

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  • piper87piper87 Member Posts: 3
    These are all the numbers I have. 
    State is MA and 6.25%
  • MichaellMichaell Moderator Posts: 251,502
    edited February 2017
    piper87 said:

    These are all the numbers I have. 
    State is MA and 6.25%

    Ah, OK. MA taxes the monthly payment.

    If I add the fees listed to the selling price, I get a payment of $687/mo with tax included. Pretty close to the $689/mo quote

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  • user1user1 Member Posts: 45
    Hi there.  Could you post residuals for 27/10 and 30/10 as well?  Thank you!

  • kyfdxkyfdx Moderator Posts: 252,669
    user1 said:

    Hi there.  Could you post residuals for 27/10 and 30/10 as well?  Thank you!

    71% and 69%

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  • piper87piper87 Member Posts: 3
    Do you have March residuals and MF? 36/12
    Thanks
  • kyfdxkyfdx Moderator Posts: 252,669
    piper87 said:

    Do you have March residuals and MF? 36/12
    Thanks

    .00100 MF and 64% residual

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  • dylankneedylanknee Member Posts: 20
    Hi, can you share the GX 460 MF and RV for 36/10 in Seattle?
  • MichaellMichaell Moderator Posts: 251,502
    dylanknee said:

    Hi, can you share the GX 460 MF and RV for 36/10 in Seattle?

    65% and .00100

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  • nicksmu17nicksmu17 Member Posts: 187
    Anyone know what the lexus destination fee or acquistion fee is ?
  • MichaellMichaell Moderator Posts: 251,502
    nicksmu17 said:

    Anyone know what the lexus destination fee or acquistion fee is ?

    Destination fee is part of the MSRP.

    Acquisition fee is, I believe, $700.

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  • nicksmu17nicksmu17 Member Posts: 187
    Thanks. Dealer charging 900...
    Quick deal update...this one for my wife.
    Black onyx exterior sepia interior,
    Driver support package
    MSRP 68315
    36 month lease, 10k miles
    Cap cost 62,500
    acq fee 995
    MF .001
    Resd. 65%
    Monthly payment 638.23
    Tax (7%) 44.68
    Total 682.91

    I think its a pretty cheap lease on almost a 70k Car. Need to work on the acq fee
  • MichaellMichaell Moderator Posts: 251,502
    nicksmu17 said:

    Thanks. Dealer charging 900...
    Quick deal update...this one for my wife.
    Black onyx exterior sepia interior,
    Driver support package
    MSRP 68315
    36 month lease, 10k miles
    Cap cost 62,500
    acq fee 995
    MF .001
    Resd. 65%
    Monthly payment 638.23
    Tax (7%) 44.68
    Total 682.91

    I think its a pretty cheap lease on almost a 70k Car. Need to work on the acq fee

    My calculations are within a nickel of that quote.

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  • beeshobeesho Member Posts: 8
    Hi, I would like help with the current #'s for 2017 Lexus GX 460 base for a 36/15 in Texas. Looking to lease this week. Any helpful advice is much appreciated.
  • MichaellMichaell Moderator Posts: 251,502
    beesho said:

    Hi, I would like help with the current #'s for 2017 Lexus GX 460 base for a 36/15 in Texas. Looking to lease this week. Any helpful advice is much appreciated.

    .00100 and 62%

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  • beeshobeesho Member Posts: 8
    edited March 2017
    Thank you. Do you know the money factor and residual used for 1 pay 36 month/ 15k on GX460?
  • MichaellMichaell Moderator Posts: 251,502
    beesho said:

    Thank you. Do you know the money factor and residual used for 1 pay 36 month/ 15k on GX460?

    I do not have that information.

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  • merritt295merritt295 Member Posts: 13
    edited April 2017
    Hi, can you share the GX 460 ( Luxury ) April MF and RV for 36/10 in Northern NJ? Is there any April lease cash ?

    Thank you !
  • MichaellMichaell Moderator Posts: 251,502

    Hi, can you share the GX 460 ( Luxury ) April MF and RV for 36/10 in Northern NJ? Is there any April lease cash ?

    Thank you !

    63% and .00100

    No lease cash

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  • merritt295merritt295 Member Posts: 13
    Thanks ! And ouch ... looks like residual dropped 2 pts ( 65 --> 63 )
  • kyfdxkyfdx Moderator Posts: 252,669

    Thanks ! And ouch ... looks like residual dropped 2 pts ( 65 --> 63 )

    Lexus only adjusts residuals quarterly, so not surprising that they would go down.

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  • merritt295merritt295 Member Posts: 13
    Thanks for the insight !
  • coolbluesicoolbluesi Member Posts: 78
    What are current MF/residual in Southern California for 12k/yr, 24mo and 36mo lease terms?
  • kyfdxkyfdx Moderator Posts: 252,669

    What are current MF/residual in Southern California for 12k/yr, 24mo and 36mo lease terms?

    .00135 MF and 69%/62% residual

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  • chickmacchickmac Member Posts: 5
    edited April 2017
    $619 /39/10K NY 8.875 sales tax included
    sign and drive $819 (1st mo and DMV)
    2017 Lexus GX460 premium package MSRP 59097

    Fair deal? sounds good to me but just want to be sure. Thanks in advance
  • MichaellMichaell Moderator Posts: 251,502
    chickmac said:

    $619 /39/10K NY 8.875 sales tax included
    sign and drive $819 (1st mo and DMV)
    2017 Lexus GX460 premium package MSRP 59097

    Fair deal? sounds good to me but just want to be sure. Thanks in advance

    What is the adjusted cap cost, if the taxes and fees are being rolled in?

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  • nicksmu17nicksmu17 Member Posts: 187
    chickmac said:

    $619 /39/10K NY 8.875 sales tax included
    sign and drive $819 (1st mo and DMV)
    2017 Lexus GX460 premium package MSRP 59097

    Fair deal? sounds good to me but just want to be sure. Thanks in advance

    I negotiated last month on a better deal...you should get close to 8% of MSRP for cap cost...shop it around
  • chickmacchickmac Member Posts: 5
    Michaell said:

    chickmac said:

    $619 /39/10K NY 8.875 sales tax included
    sign and drive $819 (1st mo and DMV)
    2017 Lexus GX460 premium package MSRP 59097

    Fair deal? sounds good to me but just want to be sure. Thanks in advance

    What is the adjusted cap cost, if the taxes and fees are being rolled in?
    I havent ask for the cap cost but tax and fees already into the payment.
    nicksmu17 said:

    chickmac said:

    $619 /39/10K NY 8.875 sales tax included
    sign and drive $819 (1st mo and DMV)
    2017 Lexus GX460 premium package MSRP 59097

    Fair deal? sounds good to me but just want to be sure. Thanks in advance

    I negotiated last month on a better deal...you should get close to 8% of MSRP for cap cost...shop it around
    Sorry, I didnt get what 8% of MSRP for cap cost. I assuming cap cost is 63% for 39 months.
  • MichaellMichaell Moderator Posts: 251,502
    chickmac said:

    Michaell said:

    chickmac said:

    $619 /39/10K NY 8.875 sales tax included
    sign and drive $819 (1st mo and DMV)
    2017 Lexus GX460 premium package MSRP 59097

    Fair deal? sounds good to me but just want to be sure. Thanks in advance

    What is the adjusted cap cost, if the taxes and fees are being rolled in?
    I havent ask for the cap cost but tax and fees already into the payment.
    nicksmu17 said:

    chickmac said:

    $619 /39/10K NY 8.875 sales tax included
    sign and drive $819 (1st mo and DMV)
    2017 Lexus GX460 premium package MSRP 59097

    Fair deal? sounds good to me but just want to be sure. Thanks in advance

    I negotiated last month on a better deal...you should get close to 8% of MSRP for cap cost...shop it around
    Sorry, I didnt get what 8% of MSRP for cap cost. I assuming cap cost is 63% for 39 months.
    I think @nicksmu17 meant 8% off MSRP

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  • nicksmu17nicksmu17 Member Posts: 187
    I did...7-8% off msrp I think is reasonable in my experience lately
  • masbaconpleasemasbaconplease Member Posts: 39
    kyfdx said:
    What are current MF/residual in Southern California for 12k/yr, 24mo and 36mo lease terms?
    .00135 MF and 69%/62% residual
    A SOCAL dealer is quoting me .00100 mf but you mentioned it is .00135 for Southern California. Ill rather take the .00100, i havent double checked with the dealer yet but I'm just trying to run the correct numbers. 
  • kyfdxkyfdx Moderator Posts: 252,669


    kyfdx said:

    What are current MF/residual in Southern California for 12k/yr, 24mo and 36mo lease terms?

    .00135 MF and 69%/62% residual

    A SOCAL dealer is quoting me .00100 mf but you mentioned it is .00135 for Southern California. Ill rather take the .00100, i havent double checked with the dealer yet but I'm just trying to run the correct numbers. 

    We don't have the Western Region numbers, this month. If they say .00100, I'd run with it. They usually don't differ that much.

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  • masbaconpleasemasbaconplease Member Posts: 39
    ^^Thank You^^
  • chickmacchickmac Member Posts: 5
    Michaell said:

    chickmac said:

    Michaell said:

    chickmac said:

    $619 /39/10K NY 8.875 sales tax included
    sign and drive $819 (1st mo and DMV)
    2017 Lexus GX460 premium package MSRP 59097

    Fair deal? sounds good to me but just want to be sure. Thanks in advance

    What is the adjusted cap cost, if the taxes and fees are being rolled in?
    I havent ask for the cap cost but tax and fees already into the payment.
    nicksmu17 said:

    chickmac said:

    $619 /39/10K NY 8.875 sales tax included
    sign and drive $819 (1st mo and DMV)
    2017 Lexus GX460 premium package MSRP 59097

    Fair deal? sounds good to me but just want to be sure. Thanks in advance

    I negotiated last month on a better deal...you should get close to 8% of MSRP for cap cost...shop it around
    Sorry, I didnt get what 8% of MSRP for cap cost. I assuming cap cost is 63% for 39 months.
    I think @nicksmu17 meant 8% off MSRP
    I actually got slightly over 8% off MSRP, cap cost is $53980
  • chickmacchickmac Member Posts: 5
    Michaell said:

    chickmac said:

    Michaell said:

    chickmac said:

    $619 /39/10K NY 8.875 sales tax included
    sign and drive $819 (1st mo and DMV)
    2017 Lexus GX460 premium package MSRP 59097

    Fair deal? sounds good to me but just want to be sure. Thanks in advance

    What is the adjusted cap cost, if the taxes and fees are being rolled in?
    I havent ask for the cap cost but tax and fees already into the payment.
    nicksmu17 said:

    chickmac said:

    $619 /39/10K NY 8.875 sales tax included
    sign and drive $819 (1st mo and DMV)
    2017 Lexus GX460 premium package MSRP 59097

    Fair deal? sounds good to me but just want to be sure. Thanks in advance

    I negotiated last month on a better deal...you should get close to 8% of MSRP for cap cost...shop it around
    Sorry, I didnt get what 8% of MSRP for cap cost. I assuming cap cost is 63% for 39 months.
    I think @nicksmu17 meant 8% off MSRP
    actually got slightly over 8% off from MSRP. thanks for info
  • itspforditspford Member Posts: 46
    Any updated numbers for a GX 460 Premium, 36/12 and 36/15 in NC? Thanks!
  • kyfdxkyfdx Moderator Posts: 252,669
    itspford said:

    Any updated numbers for a GX 460 Premium, 36/12 and 36/15 in NC? Thanks!

    .00120 MF and 62%/60% residual

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  • masbaconpleasemasbaconplease Member Posts: 39
    Thanks for all the help edmunds family! I just pulled the trigger on a 2017 premium GX460 and couldn't be happier. I was looking into other midsized 3rd row vehicles X5, XC90, MDX....etc, but I couldn't see myself buying a crossover type vehicle (Aka imho, lifted MINIVANS with regular doors instead of sliding doors.) I also considered the 4runner TRD Off road premium. I wouldve sacrificed the 3rd row but i check around a couple of dealers and they all said MSRP only. TRD Pro, was 5k OVER msrp. So at $47k plus taxes and fees for a 4Runner Trd off road,  makes more sense for me to look into the GX460 for a couple more grand. Whats not to love about the GX, fulltime 4wd, center locking diff, 3rd row for my children. Although dated, the interior is lightyears ahead of the 4R in terms of quality fit and finish.

     Here's my deal for anyone that wants to reference or compare if you're in a market for a GX460. I think my deal is pretty fair, probably not the best deal in the world but fair imo.

    36/10k lease 
    MF is .00100
    Cap reduction: $0
    Drive offs: $1,067.75 (1st month and non taxable dmv fees)
    Msrp: $59,787
    Adj Cap: $54,398.06
    RV: $37,665.81
    Monthly payment: $556.84
    Monthly payment with 7.75% sales tax: $600.00

  • kyfdxkyfdx Moderator Posts: 252,669
    Congrats on the new Lexus!

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  • td_inctd_inc Member Posts: 55
    Hey Guys!
    Just got quote for 2017 GX 460 Premium (+ captains chairs) in NJ
    MSRP 58893
    Selling Price $53274.88 (9.54% discount)
    MF - haven't gotten yet
    Residual 35,335
    Acq Fee: $700
    DMV, DOC, etc : $1050 est
    Out of pocket: $650 (1st month only)
    Monthly payment including tax: $650

    Do the numbers look a little higher than should be?? 
    Im thinking based on other deals we're $25-30 too high.

    Any help would be so appreciated!!
  • td_inctd_inc Member Posts: 55

    td_inc said:

    Hey Guys!
    Just got quote for 2017 GX 460 Premium (+ captains chairs) in NJ
    MSRP 58893
    Selling Price $53274.88 (9.54% discount)
    MF - haven't gotten yet
    Residual 35,335
    Acq Fee: $700
    DMV, DOC, etc : $1050 est
    Out of pocket: $650 (1st month only)
    Monthly payment including tax: $650

    Do the numbers look a little higher than should be?? 
    Im thinking based on other deals we're $25-30 too high.

    Any help would be so appreciated!!


    MF: .00135
  • MichaellMichaell Moderator Posts: 251,502
    td_inc said:



    td_inc said:


    Hey Guys!
    Just got quote for 2017 GX 460 Premium (+ captains chairs) in NJ
    MSRP 58893
    Selling Price $53274.88 (9.54% discount)
    MF - haven't gotten yet
    Residual 35,335
    Acq Fee: $700
    DMV, DOC, etc : $1050 est
    Out of pocket: $650 (1st month only)
    Monthly payment including tax: $650

    Do the numbers look a little higher than should be?? 
    Im thinking based on other deals we're $25-30 too high.

    Any help would be so appreciated!!


    MF: .00135

    If you are rolling the taxes and fees into the payment, I get $730/mo. Your quote of $650 looks really strong, if it is truly only $650 due at signing.

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  • td_inctd_inc Member Posts: 55
    Thank you Michaell!
    Does the money factor of .00135 and the residual look correct?
  • td_inctd_inc Member Posts: 55

    td_inc said:

    Thank you Michaell!
    Does the money factor of .00135 and the residual look correct?


    It looks like the residual is only 60%.

    39/12 is 60/.00135 according to them.
    39/10 is 62/.00100 based on forum posts?
  • kyfdxkyfdx Moderator Posts: 252,669
    td_inc said:



    td_inc said:


    Thank you Michaell!
    Does the money factor of .00135 and the residual look correct?


    It looks like the residual is only 60%.

    39/12 is 60/.00135 according to them.
    39/10 is 62/.00100 based on forum posts?

    That's correct. 39/12 residual is 60%.
    39/10 = 61% residual
    .00135 MF is also correct

    If I roll in the $1750 in fees, for 39/12, I get $626/mo.+tax.

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  • td_inctd_inc Member Posts: 55

    kyfdx said:



    td_inc said:


    Thank you Michaell!
    Does the money factor of .00135 and the residual look correct?




    It looks like the residual is only 60%.

    39/12 is 60/.00135 according to them.
    39/10 is 62/.00100 based on forum posts?


    That's correct. 39/12 residual is 60%.
    39/10 = 61% residual
    .00135 MF is also correct

    If I roll in the $1750 in fees, for 39/12, I get $626/mo.+tax.


    We started a month too late for the crazy March deals... but I'm pretty happy with a $650 payment on a 60k truck

    thanks for your help!
  • nick8844nick8844 Member Posts: 7
    can someone help me to check this is a good deal?
    2017 GX 460 msrp 58983 sale price 55155
    36/10k MF .0012 RV 63%
    Monthly payment $682 also due at signing $682
    They told me there is no tax and I'm living in Houston Texas.
    Thanks for your help
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