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2013 and earlier Lexus IS 250 / IS 350 Lease Questions
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Lexus financial Services' January buy rate lease money factor for a 2011 IS 250 Convertible is .00185 for consumers who qualify for its top aka Tier 1+ credit tier.
Car_man
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Does anyone know what the money factor and res. values are for a 2010 is350 this month are?
Thank you!
Car_man, i have sent you an email. Can you help me?
Thank you!
If you were to lease a 2010 Lexus IS 350 through Lexus Financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value would be .00210 and 50%, respectively for consumers who qualify for its top aka Tier 1+ credit tier.
Car_man
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Car_man
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What are the actual lease rates for IS250 AWD for January, I am hoping to use the end of month timing to get a good deal.
I am interested in 15K for 36 months
Car_man
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Can you explain how the Lexus loyalty discount works? I understand that if you're a current Lexus owner, you qualify for a $1,000 discount toward a new Lexus, as long as you lease or finance the vehicle. Lexus dealers have been advertising this discount on the IS for December, January and February.
What I don't understand is how it's applied. Is it applied like a coupon or cashback discount (i.e. Lexus reimburses the dealer for the full $1,000 amount), or is it a situation where the dealer absorbs all (or a portion of) the $1,000 discount?
Obviously, this is important when negotiating a price with the dealer. If you negotiate a price, and then spring a coupon on the dealer, he will happily honor the coupon because he knows he will be fully reimbursed by Lexus. However, if the dealer has to absorb all or part of the discount, he will probably factor the discount into your price. In other words, if the dealer isn't reimbursed for the loyalty discount, and you bring it up after you negotiate the price, the dealer will probably say: "I already factored the loyalty discount into your price quote."
This loyalty discount seems to be a real mystery, and I can't find solid information anywhere. Can you shed any light on this?
Lexus Financial Services' February buy rate lease money factor and residual value for a 36 month lease of a 2011 IS 350 AWD with 15,000 miles per year are .00175 and 55%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.
The numbers for an otherwise identical lease of a 2011 ES 350 are .00175 and 55%.
Car_man
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Car_man
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Lexus Financial Services' February buy rate lease money factor and residual value for a 24 month lease of a 2011 IS 350 with 15,000 miles per year are .00175 and 64%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.
The numbers for an otherwise identical 36 month lease are .00175 and 55%.
Car_man
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Car_man
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The numbers for an otherwise identical lease of an '11 IS 350 AWD are .00175 and 55%.
The residual values for leases with 12,000 miles per year are 2% higher. The 10k residis are 3% higher.
Car_man
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I've been doing some research but I wasn't really able to find a direct answer to my question. Forgive me if I'm asking a question that has been answered in here already.
I plan to place a special order for a 2011 is350 rwd. I want to lease the vehicle so that when the third generation IS comes out, I can be left with two options, return the lease and possibly get into a third generation IS -OR- keep my second generation IS and buy it out after the lease is over.
The only way I would return my second generation IS and get into a third generation IS is if the third generation IS is appealing enough to my liking. Now if the third generation isn't to my liking, then I would just buy out my leased second generation IS when the lease is over.
Here's my question to whomever can help... can I discuss a buying price with the sales representative for a special order is350rwd and get the cost as close as possible to invoice or maybe even below invoice... AND THEN say I want to lease the vehicle for a low monthly cost + buyout price = discussed discounted BUYING price?
I want to spend as little as possible to be in a leased second generation is350 in case I plan on upgrading onto a third generation IS but if not, I want to be able to buyout the car for the discussed buying price. I have a dealership offering $1,000 above invoice.
My special ordered 2011 is350 rwd would consist of:
-Navigation / Mark Levinson Premium Audio Package
-Luxury Plus Value Edition
Lease Specifics:
I plan on going with 12k/year ; $???/4yearLEASE ; how much could I lease a 2011 is350rwd for? For 4 years that is, so per month, how much?... what would be considered a good deal within the 5 boros of NY and in Long Island, NY.
I previously leased an is250awd for $560/36months with $0 down and 12k/yr, but the buyout cost came out to almost $42,000 or $44,000. That is insane for an is250awd with navigation and premium package value edition IMO.
In NY, is it illegal for dealerships to have a NON-REFUNDABLE DEPOSIT policy for special orders? I've been told by a few dealerships that for special orders, they have a non-refundable deposit that must be placed, true or false?
Any input and feedback would be greatly appreciated! Thank you in advance!
Hope that helps. Someone else may be able to add to this....
I am at odds on what to do next- The sales mgr gave me a call to come in and talk about getting me into a new LEXUS- at a " VIP" rate- what ever that means- What do I ask for? What should I be looking for? I am just confused at this point on the next right action-
All help is appreciated -
thank you
Just leased a 2011 IS 250 RWD with the Navigation package and 18" wheels, 10K miles, 36 months for $435/mo and $1115 down (not including first month). This is in Los Angeles.
Curious to see how that stacks up with similar leases. Generally I go back and forth between 2 or 3 dealers and make them battle each other until one or the other tells me they can't go down any further. Feels like an effective way to get a good lease rate, although I do my research and negotiate on the sale price, as well.
How'd I do?
Hank
Also I would appreciate knowing the current residuals and money factors on a three year 10k per year lease for a IS350C
The 2011 AWD is out and thats whats common in the Northeast Region of the US where theres plenty of snow during the winters. I'm interested in the RWD though.
Any help is appreciated! Thank you.
http://www.leaseguide.com/lease08.htm
How does the mileage per year affect the price for the car... im guessin its what brings the residual value down?
Also, anyone know the residual value on a 2011 is350 rwd?
Thank you in advance
Lexus Financial Services' February buy rate lease money factor and residual value for a 36 month lease of a 2011 IS 350 RWD with 15,000 miles per year are .00175 and 55%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.
Car_man
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Being that it is March and I think I may be leasing a 2011 IS350 rwd sometime this month, could you provide me the numbers for it's residual value and money factor for the month of March. This would be a 36 month lease and 12,000 miles per year. Thank you!
MSRP: $38,155
SELLING PRICE: $34,720 (invoice)
RESIDUAL: $19600
TRADE IN: $14620
PAYOFF: $18200
6% SALES TAX
MONEY FACTOR: .000375 (THEY ARE PUTTING ME AT TIER 4 - LEXUS)
$0 DOWN
$0 FIRST PAYMENT
48 MOS
12K MI/YEAR
$665 MONTHLY PAYMENT
IS THIS A GOOD DEAL?
I THINK NOT - THINK IT COULD BE BETTER - THEY SAY IT CAN'T
PLEASE ADVISE !!!
THANK YOU
i would really appreciate a quick response as i'm looking to purchase this car ASAP
Lexus Financial Services' March buy rate lease money factor and residual value for a 36 month lease of a 2011 IS 350 RWD with 12,000 miles per year are .00175 and 57%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.
Car_man
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Car_man
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Car_man
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Car_man
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Car_man
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$640 with 0 down. I'm new to leasing so all this talk about money factors, etc. is a little confusing but here is what the Finance Manager told me over the phone...
My money factor = about a 12-13% and they are using a 51% risidual value. For the purpose of this quote they are using the IS250 and $35k amount.
Questions are...
I know my credit is not great but do the numbers above sound reasonable?
Does the residual value change according to your credit and if not is 51% right considering I see a few posts stating it should be around 57%?
So I can understand and considering what I stated above, if I put down 9 Multiple Dep payments, what would my new payment be?
If I did the 1Pay program, how much would the payment be?
Should I go in to the dealer, not tell them who I am and negotiate the deal first and then tell them about my dealings with the Finance Mgr?
Any other advice?
THANKS in advance.
Let's assume someone has perfect credit.
They want to lease an IS250 AWD with Nav (Package b) for 36 months and 12k miles p/y. Let's assume the total price is 38k.
Now considering they have perfect credit, if they want to do the 1Pay program, how much more or less would the total amount of the lease be? Can anyone break down an example for me with the money factor and residual value.
Thanks again in advance.
I am also shopping BMW and noticed their lease terms vary across models and trims but seems, on paper, cheaper for convertibles.
http://www.mbworld.org/forums/automotive-leasing-financing/390677-bmw-auto-lease- -programs-march-2011-a.html
Does Lexus provide lease options on a buyout and any idea of what a new residual would be on a new lease?
Anyone have experience in going this route?
Thanks.
Thanks
1440 drive off 619 monthly (8.75% tax included) for 36 months 12K/month
18 inch all season wheels, nav, luxury package, windscreen and accessory package.
I believe the money factor is negotiable down to the buy rate but YMMV
sedan money factor buy rate is 0.00175
Vehicles' residual values do not vary by credit tier.
The last time that I checked, LFS' multiple security deposit program lowered vehicles' money factors by .00010, slightly less than a quarter of a point, for every additional deposit that is made.
The Advance Pay option should lower the money factor by .00100, or 2.4%.
Car_man
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Car_man
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Car_man
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2011 IS250, 12K lease, $500 down (includes first months payment and registration), $360/mo. plus tax
Included free window tinting and free maintenace through 15K miles.