Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
2013 and earlier Lexus IS 250 / IS 350 Lease Questions
This discussion has been closed.
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
I live in South Florida and am interested in leasing a is 250 convertible this month. Could you please let me know what the residual and MF are. I am looking at a 36 month 12k lease. I hope the residual stayed the same as last month...
Thanks,
Cole
First of all, this is a great forum! I am new to leasing, and interested in a 250 IS fully loaded... what would be considered a good lease offer in California? I have not gotten any offers yet, but I would like to get a ball park figure before I start the "song and dance" with the dealership.
Any help is appreciated!
I was at a different dealer this evening and was quoted a MF of .00165 for a 2009 and a MF of .00315 for a 2010. That's a huge difference for the 2009 and outrageous for the 2010. I know the Labor Day MF was a lease special but I didn't think the rate would jump up so high.
I'm ready to lease an IS 250 but am waiting for a good deal. I guess now isn't the best time.
Having said this, I heard a rumor yesterday that Lexus had enhanced its lease program on all models. I will look into that. Please feel free to check back with me in a few days and I'll let you know if anything has changed.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Have you heard anything new on the residual or money factor getting better for the IS 250 C? I hope there is some good news..
Thanks,
Cole
I know I am still waiting for the first answer, but always was wondering if there is a loyalty rate on the MF?
Thanks,
Cole
Also, has the MF and RV for RWD is250 sedans changed from August?
Thanks very much Car_man, we owe you!
What is the MF and residual for a 2009 and 2010 IS 250 convertible automatic transmission. Pls give me the values for both 2009 and 2010 models so I can compare which one would be a better deal. Request a urgent reply since I want to gift a convertible to my wife in 2 weeks time.
Thanks
Rahul
They seemed pretty willing to make a deal based on my terms but I need the residual and money factor to know where I should be. I'd like to make the deal in the next 2 days, if you can respond soon. Thanks Carman!
2009 IS 250
Breakwater Blue
Light Grey/Black 2 tone interior with dark birdseye maple accents
18" rims ('Lobster Claw style) with summer Bridgstone tires
HID lights with Adaptive system (lights pivot according to steering input)
Gen 5 NAV system
Premium package - heated/vented seats, wood trim, upgraded seats
Rear lip spoiler
Preferred Accessory package (trunk mat, cargo net, wheel locks, rear bumper applique (sticker to keep from marring the bumper)
MSRP: $39,120
Selling price: $34,500 ($800.00 BELOW Invoice)
MF: .00075
Residual: 53%
Cap cost reduction: 0
Only paid "drive off's": 1st mo payment, acquision fee (700.00), registration, cali 8.25% taxes, doc fee (55.00) and cali tire fee (8.75) = $1,762.50
36 month lease with 15k/yr = $458.63 Includes 8.25% cali taxes ($423.68 + $34.95)
LEXUS OF VALENCIA INTERNET DEPT made this deal happen!!
Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 IS 250 Convertible with 15,000 miles per year are .00255 and 61%, respectively.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
As rumored, Lexus increased its residual values on all models by 3%. Its October buy rate lease money factor and residual value for a 36 month lease of a 2009 IS 250 RWD with 15,000 miles per year are .00075 and 53%, respectively for consumers who qualify for its top aka Tier 1+ credit tier.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Lexus Financial Services' October buy rate lease money factor and residual value for a 36 month lease of a 2009 IS 250 RWD with 15,000 miles per year are .00075 and 53%, respectively for consumers who qualify for its Top aka Tier 1+ credit tier.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
The numbers for an otherwise identical lease of a 2010 IS 350 are .00220 and 57%.
The numbers for an identical lease of a 2010 IS 250 RWD are .00220 and 60%.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Enjoy your new ride :shades: !
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
selling price $38,016.00
zero down
36 months/12,000 miles a year
monthly payment - $597 tax in
what do you guys think? it took awhile to get them to this number and lots of haggling
What do you think of this deal? It is for a 2009 Lexus IS 350 fully loaded
MSRP - $43,250.00
selling price $38,016.00
zero down
36 months/12,000 miles a year
monthly payment - $597 tax in
You left out a few important items:
Did you get quoted the BUY lease rate money factor? (should be .00120 for Top Tier - over 720 credit)
Are they calculating the payment using the correct residual valve %? (should be 52% with 12k per yr)
What is your county/state tax %?
The "sales" price - does that include the $700.00 acquisition fee??
So to answer your question: NO
this is NOT a good deal!!
IF:
the "sales" price does not include the acq fee (you have to add it in)
and the #'s I have plugged in (MF, residual %) are correct then your BASE payment (w/o taxes) should be:
$524.17
add crazy California, LA county 9.75% tax rate and you come to $575.28
Hope this helps!!
BTW: The 'sales' price you were quoted, is that INVOICE, below invoice or above invoice??
Remember, the lease monthly payment is calculated on the negotiated selling price of the car - DON'T BE A PAYMENT SHOPPER!!!
Btw: I do have top tier credit so that information was correct
im new to leasing and im learning bout mf and residual,
i just want to know if the quote i got was a good one or do you think i can do better
2009 is 250 premium package with navi
10k miles, 3000 down, 375 month, includes tax, i think the mf is at .00085, but i have to check they never gave me all the details.
what do you guys think?
thanks
Other info we need to know to help figure out your monthly payments would be
What is the MSRP price of the car
What is the selling price of the car - the selling price of the car is what you want to be your main concern. Get this as low as possible to get your payments lower
I know I've posted this over and over, but just so you have a guideline, I got my 2009 IS250 back in the end of March (so 7 months ago when there were no 2010's even close to coming out!) with premium, navi, and 18" wheels. It is MSRP $37,656 and it was sold to me at $32,448.
For a little more info.. my MF was a promo at .0007 and I paid it down to .00006 (.144%!!!) with 9 MSD's so my interest is only a little over $100 over 3 years! My payments (in SoCal) are $417.07 per month and my driveoff was first month, title, reg. (~$700)
If you're willing to put down $3000 I would recommend using it as MSD (multiple security deposits) to pay down your MF so you pay less interest over the life of the lease (it really is a significant amount you'd save!). Good luck!
Please help me understand the the MSD rate negotiation strategy. Are you actually going out of pocket paying MSD in lieu of making a cap cost reduction down payment? What happens if you total the leased car...in that case what happens to the MSD? Do you get 100% of the MSD back at the end of the lease, assuming the the car is returned without any lease return defects?
Thanks in advance for the response.
the final price is 33,754, the residual is 56% and Mf is .00075 10k miles
and they don't want to budge on the down payment and the miles
i was just offered another lease 1000 down and 425 month with 10k miles, but i dont have any details for that lease either bare with me im sorry ill get more details
thanks for all the help
I'm looking at both of the those with and without navigation (does navigation change the factors?)
Also, is there any reason to think that leases on the is250 would be better during the Lexus Christmas sale
Thanks for everyone!!!
The sales price is what??
36 months? with 10/K yr correct??
Is your credit over 720?? (this will get you the MF of .00075)
When you ask for NO money down, you are still paying a few $$ at inception. Usually: first payment, tags & registration, taxes and a few other assorted items (sdepends on your state & county)
Post more details and we can help
Just make sure that the dealer that you're working with uses Lexus Financial Services' current buy rate lease money factor of .00120 (for consumers who qualify for its top credit tier) to calculate your payment and you're in business.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
The numbers for an otherwise identical lease of a 2010 model are .00220 and 60%.
The addition of Navigation does not have any impact upon this car's lease program.
While it is always difficult to predict what manufacturers will do with their future incentive programs, Lexus always runs its "December to Remember" sales event starting in late November through the end of the year. I suspect that its money factors for the IS will be better then than they are now, but again there's no way to know for certain at this point.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Wonder if you could help me out here with a quote I received yesterday. Interested in the 2010 IS250 AWD premium with NAV package. Dealer's quote was:
MSRP: $41,120
Selling Price: $38,160
12,000 miles a year
Taxes and all fees paid up front: approximately $2,000
Cap cost reduction $2800 (shouldn't be doing this from what I've been reading)
Money Factor: .00210
Residual Value: 62%
Lease price: $409.24 per month
Any advice? My lease ends in early December...any expectations of better rates for the December to Remember Sales Event? Any input is appreciated
Is the December Sales Event often a good time to get a deal?
Can you please provide the November MF and residual % for 36 month lease with 12k miles/year and 15k miles/year for a 2010 IS250 AWD?
Thanks,
Kevin
2010 IS 250 AWD with premium plus package MSRP:$37,495..
I got it down to $34,900. MF they gave me was .00225.. is that good? He said they cant do anything about money factor.. this is for 36 month lease with 10k miles.. Can I do better then that?? RV was 23.404 which is 63%..
He said if I put $4k security deposit it would be .00162
should do better then that??
Lexus IS 250 New 2009 Premium Plus package (includes nav, headlights that turn, 18" wheels, etc.)
MSRP: 38,120
Sell Price: 33,000
Terms: 48mo 15k miles
Down Payment: 0 down
$3337 out of which 2850 are for 6 MSD which bring the MF from 0.00125 down to 0.000563
Residual: 41%
Payment: 457 (Tax included)
I figure that after the lease I get the 2850 back plus I can trade the vehicle in for more than its residual value. The MF for November for a 2010 with 36k was 0.0025 and a residual of 51%.
Thanks
The car that you described probably has a spread of around $4,200 between its full MSRP and its dealer invoice price. If that is indeed the case, then the price that you were quoted is probably around $1,200 over invoice. I personally wouldn't be surprised if you were able to beat this offer by comparison shopping with a few other dealers or waiting until the end of the year to buy.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Thanks!
-Sean
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Can you help me out with the Money Factor and RV for December - IS 250 RWD. I am looking at leasing for 36months, 10Kmiles/yr, with premium pkg, wheels, and Navi. Thanks!
2010 IS 250 with prem Nav. Pkg, MSRP $38586, 12K miles per year, $2000 drive off for $399/mth tax incl.
Any opinions?
I was given a money factor of .0020 and residual value of 62%. Here's the offer I got 2010 IS 250 with prem nav. pkg, 12K per year, 36 months, $2000 drive off for $399/mth tx incl.
You are looking at a 14% discount off MSRP for is 250..........wondering if this is possible on a is with 18 inch wheels and premium MSRP is 35140? I am getting the same residuals and money factors as you are jsut not that big a discount. If you don't mind run the lease for me and tell me what you get for the payment.