Calling Los Angeles-based car shoppers: Have you recently traded in (or plan to trade in) a car with negative equity (i.e. the amount you owe on your auto loan is greater than the car's value)? A reporter would like to speak with you; please reach out to PR@Edmunds.com by 11/6 for details.

Money Factor for 2019 GS 350 F Sport RWD for 33966

samysumitsamysumit Member Posts: 5
edited March 2019 in Lexus
Hi I'm looking for a money factor for lexus gs 350 f sport RWD for zip 22966, 12 k , 36 months.

The dealer is quoting for 0 down, 0.00090 is this i a good mf? , residual is 51% , selling price is $55815

any room on selling price negotiation?

Comments

  • kyfdxkyfdx Moderator Posts: 250,708
    samysumit said:

    Hi I'm looking for a money factor for lexus gs 350 f sport RWD for zip 22966, 12 k , 36 months.

    The dealer is quoting for 0 down, 0.00090 is this i a good mf? , residual is 51% , selling price is $55815

    any room on selling price negotiation?

    .00070 MF and 51% residual
    $4500 lease cash

    Research pricing, here:
    https://www.edmunds.com/tmv.html

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • 2019GS2019GS Member Posts: 7
    Is this a good deal?

    2019 GS 350 F SPORT
    MSRP $56,365
    $3k down
    residual is $22,546.00,
    MF 0.00090
    selling price $46,544 plus TL.
    $659
    48 months/15k a year
  • 2019GS2019GS Member Posts: 7
    92705 area code
  • MichaellMichaell Moderator Posts: 249,946
    2019GS said:

    Is this a good deal?

    2019 GS 350 F SPORT
    MSRP $56,365
    $3k down
    residual is $22,546.00,
    MF 0.00090
    selling price $46,544 plus TL.
    $659
    48 months/15k a year

    2019GS said:

    92705 area code

    .00090 and 40%
    $4500 lease cash

    With the MSRP and selling prices provided, I get $562/mo plus tax.

    Ask the dealer for the adjusted cap cost they used for their quote, and what they added to the selling price to get to it.

    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

  • 2019GS2019GS Member Posts: 7
    Emailed dealership. Forgot to mention and I apologize, I’m possibly terminating my lease 5 months early and have $1250 in excess miles.

    thanks!
  • MichaellMichaell Moderator Posts: 249,946
    2019GS said:

    Emailed dealership. Forgot to mention and I apologize, I’m possibly terminating my lease 5 months early and have $1250 in excess miles.

    thanks!

    That would easily bridge the difference in payments.

    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

  • 2019GS2019GS Member Posts: 7
    That aside, if I could sell the car privately and break even, would that be a favorable lease? Is the RV to low?
  • MichaellMichaell Moderator Posts: 249,946
    2019GS said:

    That aside, if I could sell the car privately and break even, would that be a favorable lease? Is the RV to low?

    Nothing you can do about the RV; it's set by the bank.

    You need to do some research on your current car - figure out the buy out amount, then get a quote from CarMax, Carvana or Vroom to see what they will buy your car for. That way, you'll know if you are upside down with your current lease, or not. (I'll guess that you are, as most leases are set up that way).

    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

  • 2019GS2019GS Member Posts: 7
    Will you take a look please 
  • 2019GS2019GS Member Posts: 7
    I’d really appreciate your opinion on it
  • MichaellMichaell Moderator Posts: 249,946
    2019GS said:

    Will you take a look please 

    2019GS said:

    I’d really appreciate your opinion on it

    I'm just a few pennies off that payment quote.

    It would be almost $50/mo better if you waited until you were even on your trade, and not upside down.

    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

  • 2019GS2019GS Member Posts: 7
    Thank you very much for your input. I’ve decided to wait. You are always appreciated 
  • macaroni345macaroni345 Member Posts: 12
    Greetings, can you provide the MF & RV on the 2019 GS350 F-Sport 3/36 & any lease credits and/or loyalty offers & incentives for AZ zip codes 85206/85213 or AZ region as those are the 2-dealership zips that make sense for me. T1+ credit with LFS/TFS @ 800+ credit scores across all bureaus!

    Any out the door costs or average MSRP would be greatly appreciated as well if you have them available!

    Thanks for all of your current help as well as any future help! This forum is absolutely AMAZING! Thank you so much!!
  • MichaellMichaell Moderator Posts: 249,946

    Greetings, can you provide the MF & RV on the 2019 GS350 F-Sport 3/36 & any lease credits and/or loyalty offers & incentives for AZ zip codes 85206/85213 or AZ region as those are the 2-dealership zips that make sense for me. T1+ credit with LFS/TFS @ 800+ credit scores across all bureaus!

    Any out the door costs or average MSRP would be greatly appreciated as well if you have them available!

    Thanks for all of your current help as well as any future help! This forum is absolutely AMAZING! Thank you so much!!

    .00090 and 51%
    $4500 lease cash

    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

This discussion has been closed.