1st time leasing- need help!

omjrmay21omjrmay21 Member Posts: 12
edited February 2017 in Lexus
Hoping someone can help me here. 1st time leasing a vehicle I'm interested in the Lexus IS300 w navigation and sunroof 36/15k. MSRP is $44,933. Walking into the dealer what should I expect the dealer price to be? Can I negotiate 5% from the dealer price? My budget is NTE $350. Is that realistic with little to no down? Thanks for your help!!
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  • kyfdxkyfdx Moderator Posts: 267,527
    omjrmay21 said:

    Hoping someone can help me here. 1st time leasing a vehicle I'm interested in the Lexus IS300 w navigation and sunroof 36/15k. MSRP is $44,933.

    Walking into the dealer what should I expect the dealer price to be? Can I negotiate 5% from the dealer price? My budget is NTE $350. Is that realistic with little to no down? Thanks for your help!!

    Can't help you on selling price.

    Your budget is unrealistic. If your goal is $350/mo or less, you should be looking at vehicles in the $25K-$35K MSRP range.

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  • jsimsfourjsimsfour Member Posts: 7
    I'm looking to do my first lease soon with a similar price point and set up. I've been trying to estimate my least cost and I've been getting about $425-$460 month with about 5% off MSRP? I'm no expert but that seems reasonable to me.
  • MichaellMichaell Moderator Posts: 263,790
    jsimsfour said:
    I'm looking to do my first lease soon with a similar price point and set up. I've been trying to estimate my least cost and I've been getting about $425-$460 month with about 5% off MSRP? I'm no expert but that seems reasonable to me.
    What vehicle are you looking at?

    Edmunds Price Checker
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    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • jsimsfourjsimsfour Member Posts: 7
    edited July 2018
    Michaell said:


    jsimsfour said:

    I'm looking to do my first lease soon with a similar price point and set up. I've been trying to estimate my least cost and I've been getting about $425-$460 month with about 5% off MSRP? I'm no expert but that seems reasonable to me.

    What vehicle are you looking at?

    IS 300 F Sport in NC.
  • MichaellMichaell Moderator Posts: 263,790
    jsimsfour said:

    Michaell said:


    jsimsfour said:

    I'm looking to do my first lease soon with a similar price point and set up. I've been trying to estimate my least cost and I've been getting about $425-$460 month with about 5% off MSRP? I'm no expert but that seems reasonable to me.

    What vehicle are you looking at?
    IS 300 F Sport in NC.

    What lease term and how many miles per year?

    We don't track pricing, so can't help with targets; use the 'new cars' tab at the top of the page to link to the pricing tools

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • jsimsfourjsimsfour Member Posts: 7
    Michaell said:


    jsimsfour said:

    I'm looking to do my first lease soon with a similar price point and set up. I've been trying to estimate my least cost and I've been getting about $425-$460 month with about 5% off MSRP? I'm no expert but that seems reasonable to me.

    What vehicle are you looking at?
    Michaell said:

    jsimsfour said:

    Michaell said:


    jsimsfour said:

    I'm looking to do my first lease soon with a similar price point and set up. I've been trying to estimate my least cost and I've been getting about $425-$460 month with about 5% off MSRP? I'm no expert but that seems reasonable to me.

    What vehicle are you looking at?
    IS 300 F Sport in NC.
    What lease term and how many miles per year?

    We don't track pricing, so can't help with targets; use the 'new cars' tab at the top of the page to link to the pricing tools

    Ok thanks I just though you wanted to know what I was interested in.
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