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2013 and earlier Lexus IS 250 / IS 350 Lease Questions
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Comments
FLi@BeverlyHillsLexus.com
Hoping to get the MF and residual for October on a 2014 IS250 AWD for 27 months and 15k miles.
Thank You in adavance.
If the numbers for the F-Sport are different, I would be interested in the figures for both.
.00130 MF and 71% residual
regards,
kyfdx
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.00130 MF and 62% residual
No difference with the F-Sport package
regards,
kyfdx
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.00130 MF and 64% residual... 10K/yr residual is 65%
regards,
kyfdx
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MSRP - 45,500
Selling Price - 39,900
Money factor - .0014
Monthly Payments - 501 (with taxes and fees etc)
Pretty happy with this deal.
I visited local dealership here in NJ this weekend and took IS350 F Sport for a spin - great machine. Was not going to buy it yet as trying to see if other vehicles are better or not as well as see what other dealers propose. But ended up getting what seems to be quite an interesting offer. Here are some details:
Base MSPR: 41,700
Blind spot monitor: 600
F Sport package: 3,180
Nav package: 2,085
Cargo Net: 64
Wheel locks: 73
Total Optional Equip: 6,002
Delivery and Handling: 895
Total MSRP: 48,597
0 down, 36 month, 10k/yr.
Monthly payment: $440 (not sure if taxes are included or not yet)
First of all - does that base MSRP ($41,700) looks right to you, guys?
Secondly - this monthly payment seems to be quite low, however the car itself is not brand new - it has about 6k miles on it. Salesman mentioned couple times that it is "executive vehicle". I assume some big boss was driving it but then turned it back in and now they need to re-lease it again as it is still relatively new.
Do you have any recommendations about this deal - "deal or no deal" as well as about overall idea of leasing a car with more than 10 miles on it from get go. They mentioned that I will still have 10k/yr allowance and everything else like it would have been brand new car.
Could you please share some more info about your deal? I'm looking for EXACTLY the same car. I wonder if you rolled in all fees into monthly payment or you paid them at the closing table? And what were they?
IS350 AWD FSport + Nav + Blind spot monitor
MSRP: 48,864
Inception fees: 1,400 (includes 1st month payment)
MSDs: 3,600
27 month, 10k/yr
$387.93/month
Figured I will go with 27 months as higher residual results in much lower monthly payment. Thinking about taking this deal.
Do you guys think it's a good idea or it is much worse than what is called a "good deal"?
IS350 AWD FSport + Nav + Blind spot monitor
MSRP: 48,864
Inception fees: 1,100 (includes 1st month payment)
MSDs: 3,600
27 month, 10k/yr
$387.93/month
Going to pick up vehicle on Sat.
Negotiating with dealerships is not the witch craft, but it is not an easy walke either. Piece of advise: do not bend too early; execute all possible options (even over color - that what gave me final $300 discount). Do not fall for any commitments they ask you to provide (like credit card deposit to "hold a car for you") - you do no owe anything to dealer until you sign papers. Good luck!
Also I've heard from one of the dealers that they are getting orders from as far away as 1000 miles - because ppl in less dense areas don't have leverage over dealers due to the lack of ones.
Main lesson I picked from experience this time: from now on there are only two ways I'm coming to dealership - to test drive a vehicle or to sign papers for already negotiated deal and pick the car up!
Feel free to PM with questions - I will try to do my best to help fight dealers. I just don't like them, so willing to put time in fighting them when necessary
For 36 months and 15k miles the price is $621 per month with $1k down. Something does NOT seem right! Please help me demystify this!
MSRP $47,000
Residual 0.65
MF 0.0013
Invoice $44,000
Incentives $0
Net Cap cost $44,000
Residual value after 36 months $30,550
Fees $1,000
Monthly BASE payment $401
MF portion $97
Tax portion $35
TOTAL Monthly payment $533
If we lower residual to 60% that will cause higher payment:
MSRP $47,000
Residual 0.6
MF 0.0013
Invoice $44,000
Incentives $0
Net Cap cost $44,000
Residual value after 36 months $28,200
Fees $1,000
Monthly BASE payment $467
MF portion $94
Tax portion $39
TOTAL Monthly payment $600
Here is the link to calculator I created to help with this. It is not the best, but at least gives you a general idea: http://bit.ly/1asLCSQ.
BTW, I'm using NJ sales tax which is 7%. feel free to modify it to your state.
Also, keep in mind that initial quote has nothing to do with the final deal you will arrive at given you maintain composure through negotiation process. Best of all would be to find two "volume" dealers and put them against each other. "volume" dealers are usually with the huge stock of vehicles, located on major highways near/in your city/town.
HTH
All depends on where you are registering the vehicle.
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I show the 3yr/45K residual at 63%... .00130 for the MF
regards,
kyfdx
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Does that monthly payment include all Taxes, do lease payments usually include Personal Property taxes?
Those payments I specified were the only payments I needed to make to drive vehicle off of the dealership yard. Then you would need to put insurance on a top of it which in NJ came out as almost $600 for 6 months.
Cheers, Jwall
I am interested in leasing a 2014 IS 350 F SPORT AWD model. Can you please provide the residual percentage and money factor for November pertaining to a 10,000 miles per year lease lasting either 27 or 36 months?
Those numbers are good through November 14th
regards,
kyfdx
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I'm trying to figure out the lease numbers on a configuration totaling $45,045 MSRP.
.00130 MF and 62% residual
Numbers are good through November 14th
regards,
kyfdx
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Your number is obviously much better so I'm hoping you can explain how you determine it and how I know which number to go with.
Thank you!
regards,
kyfdx
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MSRP- $44,968
Sale Price- $41,675
Residual Value- 74% ($33,276)
Security Deposits- 9 deposits ($3,825 total)
Money Factor- 0.00058
Down Payment- $1,567
Monthly Payment- $407
Thank you very much.
Please share lease rates for 2014 IS250 / 350 for 27 and 36 months.
Thanks!
What is the MF and residual for a 2014 IS350 RWD 36 months 15K miles and 27 months, 15K miles. How long are they good for?
27 months 7.5k miles?
Anyone know the current lease incentives? Thanks in advance.
.00110 MF and 64% residual
27 month residual is 72%
regards,
kyfdx
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