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2013 and earlier Lexus IS 250 / IS 350 Lease Questions
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This month a CT dealer quoted us $469 per month including CT sales tax which is 6% with total drive off of $2000. I believe this is an invoice deal + the CT doc fee of $299.
Yesterday a NY dealer quoted us $2995 drive off with payments $450 including CT sales tax in the monthly payment as well.
Leases were 36 months, 12,000 miles allowed. Vehicle MSRP for an 09' is $40,640ish, includes Nav, premium, rear spoiler.
I actually believe these are slightly worst than last year. A year ago this month we were quoted $459 per month with $1400 total out of pocket at inception same parameters as above, so roughly $960 cheaper a year ago. Granted the vehicle selling price increased by roughly $400 from 08', I'm assuming the destination charge also increased slightly as well compared to the 08's
With this said I match your down payment with mine above and estimate roughly $30 per thousand back into the payment, your month comes out to $555. Looks like they are selling the vehicle for roughly $3K over invoice which is too high.
I'm not plugging any numbers into lease calculators, simply estimated based on what numbers I've received.
Ask the dealer what they are selling you the car relative to invoice.
I live in MD - Audi will give me a fairly good deal - $410 for a premium car with a few amenities.... But 3k down taxes, tags and acq fees.
Lexus on the other hand is high.
MSRP - $36,400 - Cap cost - $32750 - 3k down (assume taxetags and acq fee). They add 1002 back in (they say fees). So Adj cap cost is 33k.
Money factor is .00135 / residual low at 52% (audi at 57%). Both 36 month leases.
Audi - 410
Lexus 468
Lexus says they can possibly bring it down $8 per month. Where is lexus trying to get me and how low do you think I can bring it down.
I prefer Lexus - but will not be able to justify it at that price...
Thanks if anyone can help me here (carman, fingers crossed)!!
(12k miles per yr, 36 month yr lease)
msrp 38920
selling price 34000
mf .002
residual 55%
zero down
the numbers look right? 33923 is what the invoice looks like, so is 34K a good selling price?
thanks
2009 Lexus IS 250 – 36 months/10,000 miles per year
$429.99 a month incl tax
$1500 total drive off ( incls first month payment, tax and license)
No navigation. Very basic.
Can anyone please tell me if I can do better in California?
Thanks everyone.
Is there a dealer cash allowance for an IS250 lease? Is it the same as the RX?
Also can you tell me the standard is250 MFs and residuals for above average credit on a three year lease (10k and 12k).
THANKS!
Granted, there may be all sorts of hidden fees, but I can't seem to work out how Lexus is getting to that number without drastically changing their resid.
Are you planning on looking into that offer because I'd love to hear more.
What dealership have you heard that from?
MSRP at 35,000
329 a month for 36 months
3,500 down
for IS 250 AWD
sounds good or not?
it is 4000 less than I was offered two days ago (that is annoying to me)....
http://www.prestigelexus.com/AboutSpecials
Lexus of Manhattan and Queens are also offering the same deal. So sounds like a factory sponsored deal to me.
http://www.lexusofmanhattan.com/MiscPage_6
Thanks,
leeinla
(12k miles per yr, 36 month yr lease)
msrp 38920
selling price 34000
mf .002
residual 55%
that is a deal i was quoted from a houston dealer, i think the mf can be .0015 with Tier 1 credit, this was a Tier 2 credit quote. I've seen on here this car and option packages sell for 32.5K - 33.5K, that what im trying to shoot for.
Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 IS 250 2WD with an automatic transmission and 12,000 miles per year are .00285 and 52%, respectively for consumers who qualify for its Tier 1+ credit tier. The residual value for a lease with only 10,000 miles per year would be 1% higher.
LFS' numbers for an otherwise identical lease of an '09 IS 250 are .00100 and 55% (12k).
Car_man
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09 IS250AWD pretty much loaded
Headlamp washers
Luxury Package
Navigation
Park Assist
Premium package
All weather mats
Rear Spoiler
Accessory package
MSRP $41408
sale Price$37300
I am goin to lease with 10k a year, I know it is low but I have a company car that I can drive as well.
Payments are $478 for 48 months w/ $1578 down or $517 for 36 months w/ $1617down
Money factor of .00115
What are everyones thoughts?
MSRP 38045
CAP cost 34230
Residual 55% at 20924.75
36 months, 12,000 miles
Money Factor .0010
Payment - $458
Transaction was done at Superstition Springs Lexus in Mesa, Arizona.
Happy new year to me!
09 IS 250 AWD
MSRP $36,329
Selling price $33,508+acq fee of $700=$34,208
Residual = 56%
Gross Residual=$20,344
Money Factor=.00111
Lease payment ($0 down) = $476
I'm curious to get an idea of Lexus Financial Services January leasing terms on a 2009 IS250 AWD. I'm not sure if the options affect the leasing terms but I'd be getting it with the Navigation System/Mark Levinson Premium Audio Package, Lexus Pre-Collision System w/Dynamic Cruise Control, Luxury Plus Package and Premium Plus Package.
Could you please provide me the residual percentage and the money factor for the following lease lengths/mileage assuming tier 1+ credit.
1) 36 month, 10K miles/year
2) 39 month, 10K miles/year
3) 36 month, 12K miles/year
4) 39 month, 12K miles/year
Thanks.
Sam
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These money factors assume that you qualify for LFS' top aka "Tier 1+" credit tier. If you were to lease with only 10,000 miles per year, this car's residual values will likely be 1% higher.
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So Lexus is offering (i think only for east coast dealers) the IS250 AWD for $399/month for 36 months with no cap reduction. Plus, they're waiving bank fees and will make your first month's payment, meaning all you have to pay down is title/registration/license.
Seems to be a stupid question, but is this a good deal?
Its a better deal than they are offering on the west coast. The advertised deal in California is $369/month, 36 months, 10K miles, $3499 due at signing...
I think you can do better than both of these deals. I always say if this is the deal they will sell to anyone at then I can always do better.
I would like to get the NY deal only with Navi and 15K miles per year...Then I would buy...
What specific dealers offer this and how do I verify this info as I didn't see it posted on their incentives? Thanks again for any info you may have as I plan to go out tomorrow to test drive....
MSRP- $35,820, 36 month, 10,000 miles per year, 0 cap cost reduction, expires 2/2/09.
One site references the waived first month but not the details above, this just gives MSRP.
And I don't know what dealerships are participating, but the one closest to me is (warnock lexus... www.warnocklexus.com)
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2008 G37 Sedan
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2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
Thanks so much....
IS250 Luxury Package. 36 month 10K lease.
Gross capitalization cost:
$30500 + $700 acquisition fee = $31200
Residual value = $18126
Rent charge: $2397.36
Payment base $429.76
$803.97 out the door for first month's payment plus smog, title, reg etc.
Our FICO score are (or were!) 750+
Car_man
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I believe that the car that is being advertised has an MSRP of $35,820.
I am not aware of any special incentives for recent college graduates on this car.
Car_man
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Car_man
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I neglected our MF: 0.00135.
The dealer is offering a $1000 "tiers for life program" on the vehicle on the condition that it is serviced with them. This looks tempting as the IS250 tires have a < 20K life. Any thoughts on these programs? It is clear the big benefit of the dealer is keeping you coming to him. The risk for the consumer is moving away from the area. The program also does not transfer with a new owner.
Thanks. c
Are you saying that the dealer is offering you free tires for life if you have all of your service performed there. That's a great deal if if only involves getting oil changes...however if it forces you to have all sorts of other worthless service done on your leased vehicle (which I suspect it does) then I would probably pass if I was offered it.
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It just specified that you have your manufacture's recommend services as specified in the manual carried out at the appropriate intervals with them. I asked the dealer why they sell this package:
1) It can be hard to sell a IS250 with the tire life.
2) It retains customers with that particular dealership. He want my service business and for me to purchase my next car from him.
I'm going to ask for a copy of the contract one would sign, not just the pamphlet to see if there are some gotchas in there. What if I move out of state etc.
It was about $900 to replace them at Discount Tire. If you are going to lease the car figure one tire change, maybe two. $1000 for the tire plan, plus the requirement to do all regular maintenance at the dealer sounds like a major rip off.
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