2020 Lexus GX Lease Deals and Prices

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  • amstel112amstel112 Member Posts: 28
    Both premium and luxury. Thank you

  • kyfdxkyfdx Moderator Posts: 267,279
    amstel112 said:

    Both premium and luxury. Thank you

    Premium
    36/12: .00110 MF and 61% residual
    39/12: .00150 MF and 59% residual

    Subtract 3% from residual if Luxury trim

    $1250 lease cash

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  • amstel112amstel112 Member Posts: 28
    Would like input on this deal. 2020 GX460 Premium with options.
    $566/month -36 months,1st month complimentary
    Sale price $52,303
    MF- .00110 Residual 62%
    Taxes/fees upfront
  • MichaellMichaell Moderator Posts: 263,529
    amstel112 said:

    Would like input on this deal. 2020 GX460 Premium with options.
    $566/month -36 months,1st month complimentary
    Sale price $52,303
    MF- .00110 Residual 62%
    Taxes/fees upfront

    What is the MSRP?
    What is your ZIP code?
    What is the total amount due at signing?

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  • amstel112amstel112 Member Posts: 28
    Msrp-57540
    11572
    Invoice -53945
    $3k at signing
  • MichaellMichaell Moderator Posts: 263,529
    amstel112 said:

    Msrp-57540
    11572
    Invoice -53945
    $3k at signing

    36/10
    .00110 and 62%
    $1250 lease cash

    Using the MSRP and selling prices provided, I get $559/mo

    If your $3K up front covers the first payment, taxes and fees, then we're in the ballpark.

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  • jtrue28jtrue28 Member Posts: 22
    seems like a good deal to me.
  • EnnEnn Member Posts: 7
    Need the following please for 2020 Lexus GX460 PREMIUM and LUXURY trims:

    RV
    MF
    Incentives

    36 months/7.5K miles
    Zip is 36695
  • MichaellMichaell Moderator Posts: 263,529
    Enn said:

    Need the following please for 2020 Lexus GX460 PREMIUM and LUXURY trims:

    RV
    MF
    Incentives

    36 months/7.5K miles
    Zip is 36695

    .00110 and 63% / 60% for Prem / Lux
    $1250 lease cash

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  • badgermobilebadgermobile Member Posts: 23
    Hi mods, what are the:

    (1). Lowest allowed mileage
    (2). Highest allowed months

    Basically I'm looking for the longest lease with the lowest miles, because I won't be driving much. Zip is 79401. Thanks!
  • MichaellMichaell Moderator Posts: 263,529

    Hi mods, what are the:

    (1). Lowest allowed mileage
    (2). Highest allowed months

    Basically I'm looking for the longest lease with the lowest miles, because I won't be driving much. Zip is 79401. Thanks!

    Premium or Luxury?

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  • badgermobilebadgermobile Member Posts: 23
    Actually, all 3 trims if you could: Base, Prem, and Lux.

    Thanks!
  • MichaellMichaell Moderator Posts: 263,529

    Hi mods, what are the:

    (1). Lowest allowed mileage
    (2). Highest allowed months

    Basically I'm looking for the longest lease with the lowest miles, because I won't be driving much. Zip is 79401. Thanks!

    Actually, all 3 trims if you could: Base, Prem, and Lux.

    Thanks!

    Base and Premium are the same thing

    48/7500 miles
    .00150 and 54% / 51% for Prem / Lux
    $1250 lease cash

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  • badgermobilebadgermobile Member Posts: 23
    Michaell said:


    Base and Premium are the same thing

    48/7500 miles
    .00150 and 54% / 51% for Prem / Lux
    $1250 lease cash

    Got it. Thanks!
  • EnnEnn Member Posts: 7
    Does anyone know anything about GAP insurance being offered by Lexus on leased vehicles? When inquired, the Lexus manager said all new LEASED vehicles have gap insurance included through manufacturer in monthly price but cannot provide it in writing. He said it is commonly known that even though it is not in writing, it is included in price on leased vehicles. Any thoughts on accuracy?

    Furthermore, has MF/RV and incentives changed any due to current situation with Coronavirus?

    Need latest RV, MF, incentives on 2020 GX460 Premium and Luxury trims. Zip is 36695. Thanks
  • kyfdxkyfdx Moderator Posts: 267,279
    Enn said:

    Does anyone know anything about GAP insurance being offered by Lexus on leased vehicles? When inquired, the Lexus manager said all new LEASED vehicles have gap insurance included through manufacturer in monthly price but cannot provide it in writing. He said it is commonly known that even though it is not in writing, it is included in price on leased vehicles. Any thoughts on accuracy?

    Furthermore, has MF/RV and incentives changed any due to current situation with Coronavirus?

    Need latest RV, MF, incentives on 2020 GX460 Premium and Luxury trims. Zip is 36695. Thanks

    The dealer is correct, except that I'm sure it is in writing somewhere (on the lease contract?)

    No, the lease numbers haven't changed.

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  • jtrue28jtrue28 Member Posts: 22
    yeah, will be anxious to see deals once we're allowed to come out of our houses.
  • MichaellMichaell Moderator Posts: 263,529
    jtrue28 said:

    yeah, will be anxious to see deals once we're allowed to come out of our houses.

    Be interesting to see which dealers are able to adapt to the concept of "social distancing". The VW dealer where I leased my Jetta a few years back sent an email, stating they would bring the car, and the paperwork, to your house for signing and delivery.

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  • amstel112amstel112 Member Posts: 28
    2020 Gx460 premium
    MSRP- $57,975
    Sale- $52,782
    .00110 , 62%
    36/10 all in $580
    dmv / reg fees only at pickup
    Good deal?
  • amstel112amstel112 Member Posts: 28
    Sorry forgot to include 11572 zip code
  • MichaellMichaell Moderator Posts: 263,529
    amstel112 said:

    2020 Gx460 premium
    MSRP- $57,975
    Sale- $52,782
    .00110 , 62%
    36/10 all in $580
    dmv / reg fees only at pickup
    Good deal?

    amstel112 said:

    Sorry forgot to include 11572 zip code

    .00110 and 62%
    $1250 lease cash

    What is the adjusted cap cost, with the fees and taxes added in?

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  • kyfdxkyfdx Moderator Posts: 267,279
    amstel112 said:

    2020 Gx460 premium
    MSRP- $57,975
    Sale- $52,782
    .00110 , 62%
    36/10 all in $580
    dmv / reg fees only at pickup
    Good deal?

    Looks like a pretty good payment, relative to MSRP

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  • amstel112amstel112 Member Posts: 28
    Michaell,
    Adj cap cost is $53,325
  • MichaellMichaell Moderator Posts: 263,529
    amstel112 said:

    Michaell,
    Adj cap cost is $53,325

    Doesn't change my opinion.

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  • cha747cha747 Member Posts: 28
    Need help ASAP

    2020 GX Premium
    Need Residual and MF for 36/10
    Zip is 19342

    Trying to make a deal tomorrow before the dealer is out of business for over a month!

    Thanks so much
  • cha747cha747 Member Posts: 28
    cha747 said:

    Need help ASAP

    2020 GX Premium
    Need Residual and MF for 36/10
    Zip is 19342

    Trying to make a deal tomorrow before the dealer is out of business for over a month!

    Thanks so much

    Above deal will take place in zip code 19806 if that makes a difference
  • MichaellMichaell Moderator Posts: 263,529
    cha747 said:

    cha747 said:

    Need help ASAP

    2020 GX Premium
    Need Residual and MF for 36/10
    Zip is 19342

    Trying to make a deal tomorrow before the dealer is out of business for over a month!

    Thanks so much

    Above deal will take place in zip code 19806 if that makes a difference
    .00110 and 62%
    $1250 lease cash

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  • cha747cha747 Member Posts: 28
    Thanks so much!!
  • amstel112amstel112 Member Posts: 28
    edited March 2020
    Hi cha747,
    Make sure you get rebates.
    $1250 lease cash
    $1000 loyalty (if existing customer)

    from what i understand there is a new savings certificate offered to dealer from manufacture.
    $1000 or so due to the economic crisis.
  • amstel112amstel112 Member Posts: 28
    Hi Michaell, After i signed my deal and got home , I noticed the agreed price was bumped up by $1000. Sales rep said it was an incentive given to dealer. Hmmm!!!!
    Agreed price was $51700 but lease says $52700, But monthly payment stayed to what we agreed on. Seems sneaky!
  • cha747cha747 Member Posts: 28
    Michaell said:

    cha747 said:

    cha747 said:

    Need help ASAP

    2020 GX Premium
    Need Residual and MF for 36/10
    Zip is 19342

    Trying to make a deal tomorrow before the dealer is out of business for over a month!

    Thanks so much

    Above deal will take place in zip code 19806 if that makes a difference
    .00110 and 62%
    $1250 lease cash
    So crunching some numbers, is it the same residual for the Luxury? Any word about amstel112's extra $1000?
  • kyfdxkyfdx Moderator Posts: 267,279
    cha747 said:

    Michaell said:

    cha747 said:

    cha747 said:

    Need help ASAP

    2020 GX Premium
    Need Residual and MF for 36/10
    Zip is 19342

    Trying to make a deal tomorrow before the dealer is out of business for over a month!

    Thanks so much

    Above deal will take place in zip code 19806 if that makes a difference
    .00110 and 62%
    $1250 lease cash
    So crunching some numbers, is it the same residual for the Luxury? Any word about amstel112's extra $1000?
    Luxury residuals are 3% lower

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  • cha747cha747 Member Posts: 28
    kyfdx said:

    cha747 said:

    Michaell said:

    cha747 said:

    cha747 said:

    Need help ASAP

    2020 GX Premium
    Need Residual and MF for 36/10
    Zip is 19342

    Trying to make a deal tomorrow before the dealer is out of business for over a month!

    Thanks so much

    Above deal will take place in zip code 19806 if that makes a difference
    .00110 and 62%
    $1250 lease cash
    So crunching some numbers, is it the same residual for the Luxury? Any word about amstel112's extra $1000?
    Luxury residuals are 3% lower
    Cool thanks as usual for the quick info. Sitting in the dealership now “waiting on numbers.” Wish me luck!
  • amstel112amstel112 Member Posts: 28
    edited March 2020
    Hi @cha747 ,
    Did you get a good deal?
  • benarcebenarce Member Posts: 8
    Is there a difference in MF, RES, and incentives for Premium and Sports package? zip 33433

    36/10
  • MichaellMichaell Moderator Posts: 263,529
    benarce said:

    Is there a difference in MF, RES, and incentives for Premium and Sports package? zip 33433

    36/10

    .00110 and 62%
    $1250 lease cash

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  • kyfdxkyfdx Moderator Posts: 267,279
    benarce said:

    Is there a difference in MF, RES, and incentives for Premium and Sports package? zip 33433

    36/10

    The only difference is with the Luxury package. 3% lower residual

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  • zoomiezoomzoomiezoom Member Posts: 1
    36/12 and 36/15 for GX premium in 14618 please?
  • kyfdxkyfdx Moderator Posts: 267,279

    36/12 and 36/15 for GX premium in 14618 please?

    36/15
    .00110 MF and 59% residual
    $1250 lease cash

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  • EnnEnn Member Posts: 7
    What are the numbers for GX460 LUXURY trim

    MF
    RV
    Incentives

    36 months/10,000 miles per year

    Zip 36695

    Getting an offer of $720/month on a Luxury trim with $0 down ($206 due at signing) with Tier 3 credit with residual of about $40,000. Good deal?
  • kyfdxkyfdx Moderator Posts: 267,279
    Enn said:

    What are the numbers for GX460 LUXURY trim

    MF
    RV
    Incentives

    36 months/10,000 miles per year

    Zip 36695

    Getting an offer of $720/month on a Luxury trim with $0 down ($206 due at signing) with Tier 3 credit with residual of about $40,000. Good deal?

    .00110 MF and 59% residual
    $1250 lease cash

    What is the MSRP?

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  • EnnEnn Member Posts: 7
    kyfdx said:

    Enn said:

    What are the numbers for GX460 LUXURY trim

    MF
    RV
    Incentives

    36 months/10,000 miles per year

    Zip 36695

    Getting an offer of $720/month on a Luxury trim with $0 down ($206 due at signing) with Tier 3 credit with residual of about $40,000. Good deal?

    .00110 MF and 59% residual
    $1250 lease cash

    What is the MSRP?
    MSRP $68, 650

    Selling price $62, 050

    Total rebate: $2, 950

    Cap reduction: $2, 250

    MF: 0.0012 (with tier 3 experian credit scores)
  • EnnEnn Member Posts: 7
    It/s a new 2020 model by the way
  • kyfdxkyfdx Moderator Posts: 267,279
    Enn said:

    It/s a new 2020 model by the way

    That seems like a very reasonable deal.

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  • EnnEnn Member Posts: 7
    Does anyone knows if the MSRP for GX 460 Premium and Luxury has changed any starting today (04/01) for 2020 models?

    Previously (up until yesterday March 31), from my experience, dealers usually had Premium MSRP around $57.5-58K and Luxury MSRP around $67-68K.

    Additionally, has Lexus added any other incentives for Lease/Finance on Premium & Luxury in addition to what they had before.

    Thank you.
  • kyfdxkyfdx Moderator Posts: 267,279
    Enn said:

    Does anyone knows if the MSRP for GX 460 Premium and Luxury has changed any starting today (04/01) for 2020 models?

    Previously (up until yesterday March 31), from my experience, dealers usually had Premium MSRP around $57.5-58K and Luxury MSRP around $67-68K.

    Additionally, has Lexus added any other incentives for Lease/Finance on Premium & Luxury in addition to what they had before.

    Thank you.

    We don't track MSRP pricing, but increases are usually in January. It would be vary rare for a make to adjust MSRP of vehicles that are already on the lot..

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  • TGotts469rTGotts469r Member Posts: 18
    Good Morning! Can I please get the numbers for 27 & 36 months with 10 & 12k miles for GX premium in 33912? Thanks in advance!
  • MichaellMichaell Moderator Posts: 263,529
    edited April 2020

    Good Morning! Can I please get the numbers for 27 & 36 months with 10 & 12k miles for GX premium in 33912? Thanks in advance!

    .00110 and 67% / 61% for 27/36 months and 12K
    $1250 lease cash

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  • qbkuya25qbkuya25 Member Posts: 15
    Looking for MF/RV for 2020 Lexus GX 460 Premium, 36/10k for zip 75034. Thank you.
  • MichaellMichaell Moderator Posts: 263,529
    qbkuya25 said:

    Looking for MF/RV for 2020 Lexus GX 460 Premium, 36/10k for zip 75034. Thank you.

    .00110 and 62%
    $1250 lease cash

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