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2013 and earlier Lexus IS 250 / IS 350 Lease Questions
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$2000 drive off
$411/month
I see people getting the 250 AWD w/navi with this same quote. My dealer won't budge....dang it.
Anyone know where Car_Man is? I'm still trying to get numbers on the IS 250 C and can't seem to get a response.
Today I ended up taking 3k down $385/month Incl tax 12kmls 3yr lease. Could have gotten $377 but that would require driving 55miles north vs 12 miles down the road. This was dealer selling over $1k under invoice.
Needless to say very happy with this deal, purchase price at the end of lease is $24,110.
Good Luck with your purchase!
If I'm know already that I will be returning the car at the end no matter what and I know my approximate mileage usage, why would the other numbers matter as much?
I've basically asked all the local dealers for quotes on the price of a IS250AWD w/prem/nav, no money down, and 15k/yr. Is there a good reason why I wouldn't simply go with the dealer with the lowest payment, all other variables aside?
Why not be a tough negotiator? It is after all your money. You made the first step by posting you deal here. The second step, which should have been your first is to contact every dealer in your area and get pricing via email.
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
What do you think?
Lexus Financial Services' new buy rate lease money factor on the 2010 IS 250 is .00200 for consumers who qualify for its top aka Tier 1+ credit tier, which you certainly do looking at your score.
When I say "zero down" I mean no capitalized cost reduction. Even on a zero down lease, consumers usually have to pay their vehicle's first month's payment, LFS' $700 acquisition fee, and any required state taxes or fees at signing. Most of these items can be rolled into vehicles' capitalized costs to make them part of the monthly payment. Of course, doing this will increase the payment a little.
It definitely is not true that you can get out of a 48-month lease a year early without penalty.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
The numbers for an otherwise identical 48-month lease are .00245 and 52%. You definitely don't want to lease for 60 months.
Car_man
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Good luck and let me know if you have any other questions.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Definitely, this forum has been very helpful for me to understand about lease a Car.
Yesterday i finally signed for the IS 250 AWD Base (MSRP=$34930).
the final numbers were:
signoff: $950 (it includes the first payment)
monthly payments: $399+taxes 7% (35 payments)
Residual = $22005
term: 36 months
10K miles
this was the best deal i could get, here in Miami for this car.
thanks a lot!!!
Congratulations on getting your new IS. Thanks for taking the time to give back and share the details of your lease with everyone.
If you haven't already, make sure to stop by the Dealer Ratings & Reviews discussion to share your thoughts on your recent dealer experience with others as well.
Enjoy your new ride :shades: !
Car_man
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Could you kindly provide the residual and rate factors for a 36/10 and 39/10 lease of a 2010 IS250 base model RWD with automatic transmission.
Many Thanks,
Steve
Could you kindly provide the residual and rate factors for a 36/10 and 39/10 lease of a 2010 IS250 base model RWD with automatic transmission.
Many Thanks,
Steve
I'm jut wondering what were your MF and residual back in December. I'm currently looking for a IS250AWD with Nav vs 328ix w/o Nav - trying to get my payment below 450/m including 9% tax. Where do you get Lexus monthly updates re: new MF and Residual ?
Thx Mike.
So here is the "great deal" they offered me yesterday when I went in to the dealership in NJ.
IS250 w/ Nav and luxury package
MSRP $41,000
Selling Price: $39,200
Residual Value on 36 months: 63%
Residual Value on 48 months: 54%
Money Factor: .00225
36 Month Payment: $553 w/ $1,822 at signing including first payment
48 Month Payment: $514
1. Selling price is too high..
2. Residual is too high for 36 months.. This is usually a good thing but I would make sure it is correct anyway.. And if the residual is 63%.... the Monthly payment can't be 550+.. did you try using online lease payment calculators?
IS250 AWD w Nav and luxury
MSRP: $40,865
Selling Price: $38,251
Res. Value: 63%
MF: 0020
Payment: $475
It seems that east coast 250's are all AWD making the price a lot different than SoCal or Miami. Again I'm looking to get payment in the low $400's. Is it even possible?
Thx.
Thanks!
I am looking to lease a 2010 IS 250 RWD w/ Navigation in zip code 94551. I want a 36 month lease at 12,000 miles per year. The MSRP on the car according to Edmunds is 35,725 and invoice cost is 32,125, but when I was at the dealership yesterday they told me that some upgrades automatically come with the nav package and that MSRP is $38,900. I have great credit and am wondering what a "killer" deal would be. Can you provide me w/ info on what I should negotiate the selling price, money factor and residual amounts to be?
I got 3 internet offers today from 3 different dealerships for the IS 250 AWD. All with Navigation, Premium Package, 18”alloy wheels. 36 months, 15k miles/yr.
Can you shed any light on whether these are good offers. And I am concerned about the variations in MF for all 3 deals, why aren't they all the same MF? They are all based on my Tier 1 credit.
Offer #1
MSRP: $39,275
Sale price $35,700
Residual 60%
MF .00240
About $900 out of pocket
$499/ month PLUS tax
Offer #2
MSRP: $39,275
Selling Price $36,000
Residual 60%
MF .00200
$1202 out of pocket
$485+tax =$518.95/month
Offer #3
MSRP: $38,586
Selling Price $35,586
Residual $23,151.60
MF .00225
$1,216.40 out of pocket (first payment and fees)
$533.47/month INCLUDING tax
Thanks for your help.
I am working on just about the same deal as you are except I am looking for 12,000 miles per year instead of 15,000. I am in Northern Ca and was just emailed a quote for $977 down and $403/month for the 2010 IS 250 w/ navigation. I haven't gotten a response to my question of whether this includes tax or not but it still seems like you were quote pretty high. The money factor with tier 1 credit should be .002 so don't let them charge you higher than that!
Thanks for your response! Yes, I agree my quotes seem high. I just wanted to make sure my assumption was correct. When I look at the quotes that others post on this forum they are usually for 12,000 miles not 15,000 so I wasn't sure how to compare mine because of the mileage difference. But I would assume that 15k miles wouldn't increase the payment by almost $100, you think?
Anybody out there know how much of a payment increase I should be expecting when I request 15k miles instead of 12k??
Anybody with IS250 RWD experience during snowy weather- is it really bad ?
Thx
Please advise. I got this quote today. This sounds like a good deal to me, what do you think??
MSRP: $39,275
Selling $34, 200
Residual 60%
MF .00200
36 months, 15k miles/yr
$1202 out of pocket
$435+ 7% tax ($30.45) =$465.45/month
Sounds like a great deal to me, BUT, I think most people on here will say otherwise. I don't know where these other "great" deals are located. I paid $3k out of pocket, 2010 IS250, 15k miles and my lease pymt. is $485 for 36 months. I am in the Chicago area.
I agree, I too don't know how everyone else is able to get such great deals. Perhaps it has something to do with region? I'm in Georgia. I was thinking mine was good because it was only $1202 down and also it was 15kmiles instead of 12k. These leasing numbers always confuse me. I don't know what to do.
They offered me a selling price of $34,200 and yours was 38K and the monthly payments are similar, it does seem like my montly payments should be lower. You think it has something to do with my money down being only $1202? How much did you put down? Also this one is for 15k miles instead of 12k. Was yours for 15k as well? I'm not sure what to do about this offer. I'm exhausted from this lease stuff.
MSRP: $39,275
Selling $34, 200
Residual 60%
MF .00200
36 months, 15k miles/yr
$1202 out of pocket
$435+ 7% tax ($30.45) =$465.45/month
If you multiply out the math on that, it seems a little high. Based off the figures above, I get a payment at $411. I know that your residual percentage is lower than most because you're driving 9,000 more miles over the life of the lease. You might ask them to break down the math. Lexus is running a promo this month (at least in my area) where you get a free months payment so make sure you take advantage of that. Also, you might ask them to throw in some of the maintenance. I am in the final stages of negotiating and here's what i've been quoted:
MSRP: $39,434
Sales price: $34,000
MF: .002
Residual: 62%
Down Payment: $977 (covers first months payment, tax, license and registration)
Payment: $382 plus tax
This is for the 2010 w/ navigation, 36 months and 12,000 miles. Getting one month payment (the 2nd month) for free and Lexus is paying for $500 of the $1000 of service that the car will need for the life of the lease.
The numbers for an otherwise identical 39 month lease are .00200 and 60%.
Like on the HS, this month Lexus is waiving the first month's payment on leases of this car...up to $500.
Car_man
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This month Lexus is waiving the first month's payment on leases of this car...up to $500.
Car_man
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The numbers for an otherwise identical lease of a 2010 IS 350 Convertible are .00220 and 61%.
If you were to lease either of these cars with only 10,000 miles per year, their residual values would be 1% higher.
Car_man
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Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 IS 250 RWD with 12,000 miles per year are .00200 and 62%, respectively for consumers who qualify for its top credit tier.
Car_man
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Car_man
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As far as the selling price goes, I personally would shoot for a couple hundred dollars over dealer invoice. You can look up these cars' exact invoice prices over in the New Vehicle Pricing section of Edmunds.com.
Car_man
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MSRP: 39275
Selling: 33500
MF .002
Residual: 62%
Down payment: $979
Payment: $377 plus tax
I didn't like the way the maintenance program worked so instead of getting $500 worth of maintenance for free, they took an extra $500 off the selling price. (They originally quoted me $34000.) Again this is for 12,000 miles per year on IS 250 for 36 months w/ 18" wheels, upgraded headlamps and the premium nav package. I hope this helps! I'll be picking my car up next Monday!