2013 and earlier Lexus IS 250 / IS 350 Lease Questions
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Thank you
MSRP $43589
Selling price $40000
36 months 12k mi/yr
8.375% sales tax
62% residual, .00245 money factor (qualified for tier 1 plus)
$0 money down
$596 monthly payment
$816 due at signing (includes title, registration tire fee, inspection fee)
complimentary 5k and 10k services too...couldnt get them to throw in tints tho
I live in Chicago and drove the IS350 this week. I am trying to decide if a lease or purchase is better. One variable that I have not made a decision on regards tires. Like Long Island, we have winters in Chicago that would preclude the use of the curiously named "all season" tires from November through March.
If I lease, I have to buy a set of winter tires that will still have a lot of life on them when the lease expires. Would you mind sharing what you did (or are going to do) regarding tires?
Thanks.
They also stored my summer tires, they'll put them on (for a fee I'm sure) when winter is over... but they'll store the winter tires for me as well.
I don't mind paying a bit extra for that type of service, and for the peace of mind in knowing that if they break my wheels or the TPMS they'll be responsible. I don't trust local tire shops to do that.
Dave
Chicago
Whats your mileage allowment ?
For comparison though:
Audi A4 2 year lease .00080 MF and 70% residual.
BMW 325I 2 years .00250 MF and 77% residual.
So, sounds really high to me too..
DL
since i dont really get to drive that much (on my previous g35 coupe, i did about 12k miles in 18 months, or about 7k miles a year) i dont plan on investing $1-2k in a set of winter tires and rims.
my is350 has 18" summer tires just like my g35c did, so i just wont drive if there's snow on the ground. it wasnt a problem last winter (havent seen snow yet this season) at all, and nyc is usually pretty up to speed at plowing.
but if the is350 is gonna be ur daily driver, then i think a set of 17's with winter tires will be a good and safe investment.
hope that helps!
.00245 was tier 1 plus and .00255 tier 1 when i inked my deal end of december, so perhaps the rates have change for january.
i got a is350 with .00245, 62% residual, no money down -- for $596 a month. that's $104/mo lower than ur is250.
Car_man
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I will be in the market for the new IS 250 rwd sometime in the next 3-4 months. I currently drive a 2000 BMW 328CI and want to get something newer. My question is what would a real good lease price be on a 3 yr 15K mile lease with no money down? Also, if I were to purchase it, any idea on the monthly payment. I would get the base 250 with the manual and premium package only, nothing more. I also lease a 2006 Toyota 4runner, so leasing to me, is common. Does Lexus allow you to buy extra miles at $.10/mile from the beginning like toyota let me do on the 2006 4runner? Sorry for all the questions, I have never leased a Lexus, my family has always bought them.
Any suggestions would help.
Thank you,
Brandon
had a few questions for you. my current lease on my is300 is up next month..i did a one pay lease for my is300..my question to you is would it be a good idea to do another one pay lease on a new is250/350? i'm looking to put down 15k on the next one pay lease..
please let me know..
thanks!
$493.00 for 36mos 12K miles with $2953 due at signing which includes all taxes, and fees. Or, if I want to reduce my monthly payments more:
$440.00 36 mos 12k with 4900 due at signing includes all fees and tax.
Some questions: How much should I expect to pay if I want 15K miles instead?
Also, I don't have any MSRP or other figures to work with. Can you tell me if this is a good deal or what information I need to get from dealer in order for you to advise if this is a good deal?
He gave me these quotes but I dont know if I can do better, and how to negotiate. Any advise would be appreciated.
http://lexus.com/financial/leasing/available_programs.html
the text youre looking for is this:
Encore
This program rewards qualifying repeat Lexus Financial Services customers with lower monthly payments and a security deposit waiver. You can also combine the benefits of Encore with other programs' features.
try this too:
http://lexus.com/home/search.html
for this result:
INCENTIVES Lexus Loyalty/Encore for Toyota Owners
Does a customer who has previously owned a Lexus/Toyota vehicle qualify for the Loyalty or Encore Program if they wish to purchase or lease a Lexus?
This program rewards qualifying repeat Lexus Financial Services customers with lower monthly payments and a security deposit waiver. You can also combine the benefits of Encore with other programs' features. Please refer to your local Lexus dealer or the Financial Services section within lexus.com for additional information.
hope this helps
Lexus Financial Services does allow lessees to purchase additional miles at lease signing at a discount to what you would have to pay for them at lease-end, but I don't know what its exact charge per mile is.
Car_man
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I'd be happy to give you an idea of what sort of lease payment to expect to pay on this car right now, but in order for me to do so I need you to give me an MSRP and approximate selling price for the exact model that you want. You may be able to get an idea of how much you should pay for this car right now by visiting the following discussion: "Lexus IS 250/IS 350: Prices Paid & Buying Experience".
Car_man
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1400 out pocket incl 1st mo,reg nj full lease term,doc fee etd
450 incl tax for 30 mo.
this is is250 w/premium
Other than Texas sales tax is a whopper, how would you evaluate?
Are there any current promotions for leasing? I'd consider anywhere from 2 - 4 years if there was a good deal... For a 3 year lease, I think 12k miles, I was quoted a 61% residual, and a .00175 MF for a 1pay, and .00255 MF for a normal lease. Did I read somewhere that the MF should instead go down by .001 for a 1 pay?
I had 1 dealer say that LFS has a special for a 30 month lease, someone else say a special for a 42 month lease, and someone else say that LFS only did 36/48 month leases... :mad:
Does LFS do a 30 month lease? Does anyone know the residual/MF?
Thanks!
Car_man
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LFS does lease vehicles for 30 months, wit I was not aware that it is currently providing any sort of lease support on the '06 IS. According to the latest information that I have seen, if you were to lease a 2006 Lexus IS 250 AWD through LFS right now for 30 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00265 (.00165 for an advance pay lease) and 67%, respectively.
Car_man
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Is this a good deal? Any thoughts or suggestions?
I will be turning in an IS 300 manual, that is coming to the end of a 3 year lease with 40K miles.
Thanks for your help.
just wondering if i could get some info on an is250 awd with an msrp of 37,229
12k 36 month lease through lexus financial
could you tell me the MF and residual pleasE??
thanks alot!
thanks
What are some more realistic offers that people have been getting?
I guess I might just have to wait until the end of the model year... :-(