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Car Buying Advice - Lease Residual and MF 2017 Lexus IS turbo

jscharwathjscharwath Posts: 6
edited May 2017 in Lexus
Can I get the residual and MF for 36 months and 10/12 miles?
«1

Comments

  • kyfdxkyfdx Posts: 120,532

    Can I get the residual and MF for 36 months and 10/12 miles?

    .00100 MF and 60%/59% residual
    $1500 lease cash

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

    Edmunds Moderator

  • s_starks_stark Posts: 7
    What is the current MF and RV in Los Angeles on a 2017 IS 200t Turbo 36/10. Base model. MSRP 39,425. I have been quoted 23,655 as RV (60%). MF is .00060.

    I have gotten several quotes, but only one has given me both MF and RV--they quoted 339/month but they did a cap cost redux of 660, which I told them not to--so they said add about 18/month. So about $357 nothing down. Just the drive off costs: doc: 80; License/Title: 354; tire/battery fee: 8.75; Acquisition: 700; Tax: 210. Also discounted the MSRP by: 4,725. And then the rebate of $1750. So net cap is 33,642 (you'd add back in the 660 though, to get 34,302).

    But the numbers they ran were 311/month plus 27.28 monthly tax to get 339.09. So with the additional ~18/month, 357. The lowest quote I got with nothing down but drive off was $342/month (again, that dealership hasn't given me MF or RV).

    Can you let me know if these seem like good deals and also what the MF and RV are right now in LA?

    Thanks
  • MichaellMichaell ColoradoPosts: 111,198
    s_stark said:

    What is the current MF and RV in Los Angeles on a 2017 IS 200t Turbo 36/10. Base model. MSRP 39,425. I have been quoted 23,655 as RV (60%). MF is .00060.

    I have gotten several quotes, but only one has given me both MF and RV--they quoted 339/month but they did a cap cost redux of 660, which I told them not to--so they said add about 18/month. So about $357 nothing down. Just the drive off costs: doc: 80; License/Title: 354; tire/battery fee: 8.75; Acquisition: 700; Tax: 210. Also discounted the MSRP by: 4,725. And then the rebate of $1750. So net cap is 33,642 (you'd add back in the 660 though, to get 34,302).

    But the numbers they ran were 311/month plus 27.28 monthly tax to get 339.09. So with the additional ~18/month, 357. The lowest quote I got with nothing down but drive off was $342/month (again, that dealership hasn't given me MF or RV).

    Can you let me know if these seem like good deals and also what the MF and RV are right now in LA?

    Thanks

    Residual is correct - dealer cannot alter these - and the MF we have show higher numbers. We don't have the western region data, so I've got no reason to disbelieve the .00060 rate you've been quoted.

    $357/mo (with or without tax?) is a pretty good payment on a $38K car.

    We'd suggest rolling in the acquisition fee into the payment as well - limit your out of pocket costs to just the first payment and DMV costs.

    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

  • s_starks_stark Posts: 7
    edited March 2017
    Ok thanks. The payment includes tax.

    I have a new offer actually. It's on their 43,419 MSRP (the 2017 IS Turbo w navigation).

    RV is 60%.
    MF is .00060.
    36/10. Los Angeles.

    The discount on MSRP is something like 7,500k (don't have it in front of me--but it definitely takes the car into the 35k range), and then the 1750 rebate.

    Price is $355/month, including tax.
    Drive off costs only: 1st months payment ($355), and DMV costs ($385). Everything else is rolled in. No cap cost reduction.

    Is that a good deal?
  • MichaellMichaell ColoradoPosts: 111,198
    s_stark said:

    Ok thanks. The payment includes tax.

    I have a new offer actually. It's on their 43,419 MSRP (the 2017 IS Turbo w navigation).

    RV is 60%.
    MF is .00060.
    36/10. Los Angeles.

    The discount on MSRP is something like 7,500k (don't have it in front of me--but it definitely takes the car into the 35k range), and then the 1750 rebate.

    Price is $355/month, including tax.
    Drive off costs only: 1st months payment ($355), and DMV costs ($385). Everything else is rolled in. No cap cost reduction.

    Is that a good deal?

    On the surface $355/mo on a $43K car is good.

    But, need to know the actual cap cost to know for sure.

    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

  • Does anyone have the MF and RV for Southern California on a 36mth / 7.5k lease for April ???
  • kyfdxkyfdx Posts: 120,532
    carealtor said:

    Does anyone have the MF and RV for Southern California on a 36mth / 7.5k lease for April ???

    .00050 MF and 59% residual
    $2000 lease cash

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

    Edmunds Moderator

  • hillestadkhillestadk Posts: 44
    Hi there. Looking for May numbers: residual, MF, and any incentives available on an IS200t in South Florida 36/39 month at 15k miles. Thanks in advance. Also, does Lexus do anything like Audi where they inflate the residual if you pre-purchase maintenance?
  • kyfdxkyfdx Posts: 120,532
    edited May 2017

    Hi there. Looking for May numbers: residual, MF, and any incentives available on an IS200t in South Florida 36/39 month at 15k miles. Thanks in advance. Also, does Lexus do anything like Audi where they inflate the residual if you pre-purchase maintenance?

    .00050 MF and 55%/53% residual.
    $2000 lease cash

    No residual adjustments for maintenance plans

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

    Edmunds Moderator

  • flightnurseflightnurse Valley of HellPosts: 2,178
    MF and RV in AZ 36/10, 36/12. Any lease money?
  • MichaellMichaell ColoradoPosts: 111,198

    MF and RV in AZ 36/10, 36/12. Any lease money?

    .00050 MF and 58% or 57% residual.
    $2000 lease cash

    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

  • bada_bingbada_bing Posts: 39
    Lease terms and incentives for a 2017 IS Turbo for 3 yr/12K per year lease in SoCal (Orange County, CA) please.

    Also, Id like to know what Lexus charges for acquisition fee.
  • kyfdxkyfdx Posts: 120,532
    edited May 2017
    bada_bing said:

    Lease terms and incentives for a 2017 IS Turbo for 3 yr/12K per year lease in SoCal (Orange County, CA) please.

    Also, Id like to know what Lexus charges for acquisition fee.

    .00050 MF and 57% residual
    $1500 lease cash
    $700 lease cash

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

    Edmunds Moderator

  • MichaellMichaell ColoradoPosts: 111,198
    kyfdx said:

    bada_bing said:

    Lease terms and incentives for a 2017 IS Turbo for 3 yr/12K per year lease in SoCal (Orange County, CA) please.

    Also, Id like to know what Lexus charges for acquisition fee.

    .00050 MF and 57% residual
    $1500 lease cash
    $700 lease cashacquisition fee
    There, I fixed it for you... :smile:

    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

  • jhan112jhan112 Posts: 3
    edited May 2017
    Texas, IS200t RWD, 10/36 12/36 please. thank you.
    Any incentive? Rebates? Residual? MF? 

    Also same for ES350 please.
  • kyfdxkyfdx Posts: 120,532
    jhan112 said:

    Texas, IS200t RWD, 10/36 12/36 please. thank you.
    Any incentive? Rebates? Residual? MF? 

    Also same for ES350 please.

    .00050 MF and 58%/57% residual
    $2000 lease cash

    ES350 discussion is here:
    https://forums.edmunds.com/discussion/43269/lexus/es-350/2017-lexus-es-lease-questions#latest

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

    Edmunds Moderator

  • Could you please tel me the Residul and MF for South Florida IS200t RWD F-Sport. Any lease cash?
    10/36 and 12/36
    Thank you!!
  • kyfdxkyfdx Posts: 120,532

    Could you please tel me the Residul and MF for South Florida IS200t RWD F-Sport. Any lease cash?
    10/36 and 12/36
    Thank you!!

    .00030 MF and 56%/55% residual
    $3000 lease cash

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

    Edmunds Moderator

  • Do you know the Tier 1 MF? Not Tier 1+
  • kyfdxkyfdx Posts: 120,532

    Do you know the Tier 1 MF? Not Tier 1+

    .00040

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

    Edmunds Moderator

  • plopez12808plopez12808 Posts: 30
    edited July 2017
    How do these deals look?

    "Attached are both lease menu's for the 2017 IS200t Fsport stk# 91937 msrp 45,828 and the vehicle spec sheet for your review.

    *menu #1

    12k mile lease, 1k total out of pocket from you, + the 2,750 lease cash from Lexus =3,750 total cash down, monthly payment is 412.31 including LA tax for 36 months


    *menu #2

    12k mile lease, 1k total out of pocket from you, + the 2,750 lease cash from Lexus, +750 conquest cash (must qualify for this incentive by having a non Lexus vehicle registered at your home address)

    =4,500 total cash down, monthly payment is 390.48/mo including LA tax for 36 months"


    and then I got this

    "I am going to give you a 1 shot deal,

    $0 down, $0 drive off, 15K miles, $465 inc tax.
    $0 down + drive offs, 15K miles, $435 inc tax.

    12K miles subtract $28 from monthly.

    If you look at your Glendale, your "Drive off" or down payment is $3,328.26 or $2,621.78 on the other menu.

    My drive off is only $978. So in all I am giving you a much better deal than all the pricing you've received so far."


    The attached files and top quote in bold is the Glendale offer. The bottom quote is a counteroffer from another dealer. what do you think? I just want to make sure the numbers make sense on the sheets attached and the offers I'm getting

  • kyfdxkyfdx Posts: 120,532

    How do these deals look?

    "Attached are both lease menu's for the 2017 IS200t Fsport stk# 91937 msrp 45,828 and the vehicle spec sheet for your review.

    *menu #1

    12k mile lease, 1k total out of pocket from you, + the 2,750 lease cash from Lexus =3,750 total cash down, monthly payment is 412.31 including LA tax for 36 months


    *menu #2

    12k mile lease, 1k total out of pocket from you, + the 2,750 lease cash from Lexus, +750 conquest cash (must qualify for this incentive by having a non Lexus vehicle registered at your home address)

    =4,500 total cash down, monthly payment is 390.48/mo including LA tax for 36 months"


    and then I got this

    "I am going to give you a 1 shot deal,

    $0 down, $0 drive off, 15K miles, $465 inc tax.
    $0 down + drive offs, 15K miles, $435 inc tax.

    12K miles subtract $28 from monthly.

    If you look at your Glendale, your "Drive off" or down payment is $3,328.26 or $2,621.78 on the other menu.

    My drive off is only $978. So in all I am giving you a much better deal than all the pricing you've received so far."


    The attached files and top quote in bold is the Glendale offer. The bottom quote is a counteroffer from another dealer. what do you think? I just want to make sure the numbers make sense on the sheets attached and the offers I'm getting

    Those are nice complete quotes.
    Take the mileage allowance you actually need.

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

    Edmunds Moderator

  • kyfdx said:
    How do these deals look? "Attached are both lease menu's for the 2017 IS200t Fsport stk# 91937 msrp 45,828 and the vehicle spec sheet for your review. *menu #1 12k mile lease, 1k total out of pocket from you, + the 2,750 lease cash from Lexus =3,750 total cash down, monthly payment is 412.31 including LA tax for 36 months *menu #2 12k mile lease, 1k total out of pocket from you, + the 2,750 lease cash from Lexus, +750 conquest cash (must qualify for this incentive by having a non Lexus vehicle registered at your home address) =4,500 total cash down, monthly payment is 390.48/mo including LA tax for 36 months" and then I got this "I am going to give you a 1 shot deal, $0 down, $0 drive off, 15K miles, $465 inc tax. $0 down + drive offs, 15K miles, $435 inc tax. 12K miles subtract $28 from monthly. If you look at your Glendale, your "Drive off" or down payment is $3,328.26 or $2,621.78 on the other menu. My drive off is only $978. So in all I am giving you a much better deal than all the pricing you've received so far." The attached files and top quote in bold is the Glendale offer. The bottom quote is a counteroffer from another dealer. what do you think? I just want to make sure the numbers make sense on the sheets attached and the offers I'm getting
    Those are nice complete quotes. Take the mileage allowance you actually need.
    Perfect, so the pricing looks good as well?
  • kyfdxkyfdx Posts: 120,532


    kyfdx said:

    How do these deals look?

    "Attached are both lease menu's for the 2017 IS200t Fsport stk# 91937 msrp 45,828 and the vehicle spec sheet for your review.

    *menu #1

    12k mile lease, 1k total out of pocket from you, + the 2,750 lease cash from Lexus =3,750 total cash down, monthly payment is 412.31 including LA tax for 36 months


    *menu #2

    12k mile lease, 1k total out of pocket from you, + the 2,750 lease cash from Lexus, +750 conquest cash (must qualify for this incentive by having a non Lexus vehicle registered at your home address)

    =4,500 total cash down, monthly payment is 390.48/mo including LA tax for 36 months"


    and then I got this

    "I am going to give you a 1 shot deal,

    $0 down, $0 drive off, 15K miles, $465 inc tax.
    $0 down + drive offs, 15K miles, $435 inc tax.

    12K miles subtract $28 from monthly.

    If you look at your Glendale, your "Drive off" or down payment is $3,328.26 or $2,621.78 on the other menu.

    My drive off is only $978. So in all I am giving you a much better deal than all the pricing you've received so far."


    The attached files and top quote in bold is the Glendale offer. The bottom quote is a counteroffer from another dealer. what do you think? I just want to make sure the numbers make sense on the sheets attached and the offers I'm getting

    Those are nice complete quotes.
    Take the mileage allowance you actually need.

    Perfect, so the pricing looks good as well?

    Yes

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

    Edmunds Moderator

  • lhjn2001lhjn2001 Posts: 12
    Can I get the residual and MF for 36 months and 10/12 miles?
    Thank you
  • MichaellMichaell ColoradoPosts: 111,198
    lhjn2001 said:

    Can I get the residual and MF for 36 months and 10/12 miles?
    Thank you

    .00050 and 56% / 55%
    $2750 lease cash

    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

  • Hello. Are the numbers for f-sport rwd available for SoCal.
    36/10 and 42/10 please.
  • kyfdxkyfdx Posts: 120,532
    axphenom said:

    Hello. Are the numbers for f-sport rwd available for SoCal.
    36/10 and 42/10 please.

    .00001 MF
    $4000 lease cash
    53%/49% residual

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

    Edmunds Moderator

  • silicontrenchsilicontrench Posts: 3
    edited November 2017
    kyfdx said:

    axphenom said:

    Hello. Are the numbers for f-sport rwd available for SoCal.
    36/10 and 42/10 please.

    .00001 MF
    $4000 lease cash
    53%/49% residual
    What is it for 36/12K and 36/15k?
  • MichaellMichaell ColoradoPosts: 111,198


    kyfdx said:

    axphenom said:

    Hello. Are the numbers for f-sport rwd available for SoCal.
    36/10 and 42/10 please.

    .00001 MF
    $4000 lease cash
    53%/49% residual
    What is it for 36/12K and 36/15k?
    52% and 50%

    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

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