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2019 ES350 MF & Residual % for August 2019

3rdLexus3rdLexus Member Posts: 4
edited August 2019 in Lexus
Preparing to lease a 2019 Luxury ES350 for 36 months at 7500 miles per year , would appreciate the current MF and residual % . zipcode 12211, upstate NY - thank you
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  • kyfdxkyfdx Moderator Posts: 237,046
    3rdLexus said:

    Preparing to lease a 2019 Luxury ES350 for 36 months at 7500 miles per year , would appreciate the current MF and residual % . zipcode 12211, upstate NY - thank you

    .00020 MF and 52% residual
    $2750 lease cash

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  • 3rdLexus3rdLexus Member Posts: 4
    Thanks for the quick response, just curious - when I spoke with my local Lexus dealer in May 2019 he told me the RV is 52% for 10k miles per year, do the residual values go down near the end of the model year - I thought they were mostly related to the lease mileage and number of years.
  • MichaellMichaell Moderator Posts: 241,201
    3rdLexus said:

    Thanks for the quick response, just curious - when I spoke with my local Lexus dealer in May 2019 he told me the RV is 52% for 10k miles per year, do the residual values go down near the end of the model year - I thought they were mostly related to the lease mileage and number of years.

    Residuals do tend to decrease as the model year progresses.

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