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2013 and earlier Lexus GS 350 / GS 460 Lease Questions
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Assuming your .00065 is correct that equates to a 1.56% interest rate, which is an excellent rate....To arrive at this you take the lease rate and multiply by 2400...Maybe now that they have started their December to Remember event you can do better...The GS 350 is a great car...Just too bad the residual is so poor...
Car_man
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Car_man
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Thank you for your assistance.
Car_man
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This forum has been pretty useful in my research. Thanks everyone
Saw your info on the residual value of the base '09 GS350. Any idea or guess as to what the current residual value is for an '08 GS350 AWD is for a 36 month 12,000 mile lease?
Thanks for any input and happy new year
Sharing my own details below in the hopes that it can help someone else (though forgive me for any newbie errors in terminology / details)
~~~~~~~~~~~~
Dealership in northern NJ. Brand new 2008 AWD GS 350 in Smoky Granite/Black equipped as follows:
Basic navigation package (not fancy ML audio)
Automatic sensing wipers and headlights
Parking assist
Ventilated seats
Accessory pac
Spoiler
Leather and wood steering wheel
$51,249 MSRP
$43,918 Sale price / Capitalized cost
36 months and 12K miles/yr
$3800 cash at delivery (but also got a dealer promotion $500 AMEX gift certificate)
That breaks down as: $700 origination fee, $599 first month, $2085 capitalized cost reduction, and the remainder was the registration and documentation)
$599 per month (including tax)
43% Residual
? money factor (they wouldnt tell me)
My goal was to minimize the upfront cost as much as possible. That was a greater priority than lowering the monthly payments. Seemed that residual value drove the difference between offers I received from Lexus vs. BMW and Mercedes. Though, right after signing with Lexus, I got a call from BMW nearly matching those terms for a 528xi
My salesman was great and I'd recommend him to anyone. Manager was a d**k, but I guess thats his job. Happy to provide their names to anyone via private message
Again, greatly appreciate this forum's assistance. Thanks
Car_man
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Could get an awd for that price try carsdirect.com for pricing in LA, Ca it comes less.
try other zipcodes and pay shipping.
I have a GS awd 350 . My advice stay away , the new ES is more spacious , cheaper, more mileage, as quiet and smooth. only con no AWD.
However the ES with ESC is as good as my GS on snow and hardly skids.
The GS comes standard with run flats which are expensive to maintain and noisy.
12K 36months
15K 36months
Thanks.
Car_man
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I live in North Jersey. I went to Little Falls lexus.
They wanted to charge me over 850+ for a lease.
I walked out. It was a 2009 gs350 awd. Your sale price is good.
since@opendemand.com
I live in North Carolina and Im in the market to get a new luxury sedan. I am considering the Lexus GS350 RWD with Nav. Does Lexus have any lease specials or can any one tell me what the approx payments they are paying on their lease so I can get an idea what it will run? Any information would be helpful regarding how much markup there is etc. Any help would be appreciated!
:confuse:
Car_man
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Car_man
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regards,
kyfdx
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Can you provide me with the lease money factor and residual for a 2009 GS350 on a 48 month lease with 12k/year miles. The dealer (Naples, Florida) is telling me the money factor triples from 36 month to 48 month. Thank you in advance.
The dealer that you spoke with is right. LFS' special lease program is only available for up to 36 months. Its 48 month factor is much, much worse.
Car_man
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The final deal I got last week:
2009 GS350 w/ ML - $52,849 MSRP
36 mo lease w/ 12k/yr
$3599 drive off
$607 +tax /mo
Residual $23,253
Enjoy your new ride :shades: !
Car_man
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Thank you.
tomb009
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Looking at the GS350 in Los Angeles; want a standard lease; 12K/yr. No nav. I'm in my grace period on my IS350 now; at $556/mo but put no money down; Want to do the same rolling into the GS; where is my monthly going if I want to do the same this week? What's my leverage? dcritchett
Thank you very much in advance,
Dan
Having said this, I heard a rumor yesterday that Lexus may have enhanced its lease program on all models. I will look into that today. Please feel free to check back with me in a day or two and I'll be happy to let you know what I've found out.
As far as leasing with 18,000 miles per year goes. 15,000 miles per year is the highest mileage allowance that LFS publishes residual value percentages for. If you need to drive more than that, you will have to purchase additional miles on a per-mile basis. It is cheaper to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.
Car_man
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You can find this pricing information over in the New Vehicle Pricing section of this site.
Car_man
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Car_man
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Thank you!
Thank you!
Here's the info that you're looking for. Lexus Financial Services' October buy rate lease money factor and residual value for a 36 month lease of a 2010 LX 570 with 10,000 miles per year are .00255 and 53%, respectively.
Car_man
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Car_man
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(San Diego, CA)
$48,640 +TL (includes LVE, 18-in G-Spider alloy wheels, 5 Window Tint)
Also allowing return three months early.
36 month
10K/miles per year
$2,500 drive off
$750/mo +TL
Thoughts??
2010 Lexus GS350 RWD Lease
(San Diego, CA)
$48,640 +TL (includes LVE, 18-in G-Spider alloy wheels, 5 Window Tint)
Also allowing return three months early.
36 month
10K/miles per year
$2,500 drive off
$750/mo INCLUDES T&L
Thoughts??
THanks in advance.
I want to lease the following car:
2010 Lexus GS350 RWD (California)
Luxury Value Edition
G Spider Wheels
36 month Lease
12,000 mi/year
Can you please advise as to any information on lease rates including tax and or Money factors.
Thank you.
(GA)
MSRP $50,600 +TL (includes Mark LVE, 18-in G-Spider alloy wheels, Parking Assist)
36 months
15K/miles per year
$2,500 drive off
$702 plus tax
What do you all think?
i owned a GS 300 and GS 400 in the 1990's I loved them both, since then i owned 2 beamers, and currently my lease is up on a Mercedes. I am leaning back towards the Lexus Brand. for 3 reasons, Price, Technology, and Ride.
I'm getting many different Lease payments for the following terms:
3 year, 12k miles, No Cap Cost,
I pay Taxes UpFront, 1st Payment and Inception Fees.
the car is with MLevinson and all the bells and whistles, standard rims i think.
675.00 a month to 669 a month. what do you guys think, should i keep shopping around? thanks for you advice. :confuse:
The rate you quote of 675 (i assume this does not include tax) is very good.
What state are you in?