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2013 and earlier Lexus ES 350 Lease Questions
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Comments
Lexlease1
is the ES 350 lexus MF .00215 and 58% resid for 15k on the national december to remember offer
this was quoted from dealer as the LF deal
waiting on the particulars. This will not be UL package
Need help. I'm looking to get some success stories on leasing the 2010 ES350 in Pennsylvania.
I hope that the $536/month deal that "wokscott" got will fly in PA. Please let me know.
Thanks.
I've read other people on edmunds run into the same problem with the PA Lexus dealers; suffice it to say I'm talking about two dealers in the eastern part of PA, if your out in the central and western part of the state it might be entirely different!
Best of Luck to You!
I have no problem taking a drive over to get a better deal.
Thanks in advance.
on a 2010 RX350 AWD with Comfort, Premium, Nav, Nav Audio Package, msrp was about or around $45,600 at the time, this was before Lexus changed the base prices this fall
at one of the PA dealers, I was offered on this RX350, $4000 down, $710 a month for 36 months with 12k miles a year
this offer, which was non-negotiable by them, was obviously outrageous, so I returned to my home state of NJ and recieved a negotiable offer which I was able to get down to the offer below for the same RX350 and this was the lowest I was able to go
I was offered on this RX350 in NJ, $3000 down, $590 a month for 36 months with 12k miles a year
so as you can see, the deal I was offered in NJ was much better then in PA, I had two other NJ Lexus dealers that were half-way between the lowest price I got in NJ and the highest price I got in PA
unfortunately, my financial circumstances changed and I was not able to get the RX350; keep in mind this was back in June and July when I was shopping around at the Lexus dealers and at that time Lexus was not offering any good leasing support for the RX
my example is just another reason why it pays to shop around whether your leasing or financing; I've heard on here that starting in October this year the leasing got much better for the RX so hopefully people looking to lease one now are getting great support from Lexus and really good leases!!
I just got back from the dealership and I wanted to see if you think they gave me a good deal. I did not accept this deal yet. I want to see if I could get a better deal. The salesman said that I would be paying about $1,000 over invoice.
2010 ES350 with NAV, etc.
MSRP: $40,840
Purchase Price: $38,340
MF: .00215
Residual 60%
12K miles/year
36 months
$800 down payment
$589/month
Let me know if you think I could do better.
Thanks.
Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
I live in Southern IN. Just left Lexus dealership. They indicated the MF .00235 and the residual of 59% for 36 months - 10,000 miles per year. This is for December.
Does this sound right to you?
Thanks much, mower
MSRP: $40,850*
Sales Price: $38,138
Lease term: 36mos./10k
Monthly payment: $525/mo
Taxes & all fees paid up front. No cap cost reduction.
Residual: 61%**
Money factor: .0025**
* I guess what we have is Premium Plus w/ Nav. But it was never referred to as that. I know it's not Ultra. No Mark Levinson.
** I calculated these by working backwards from the numbers, so I'm not entirely sure that they are correct.
Enjoy your new ride :shades: !
Car_man
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I could use some help. I live in NJ and got the following deal pending after visiting 4 dealships here.
MSRP 41,700
Selling 36,967
MF 00245
Residual 60%
Fees and up front taxes 3,214.
Monthly Payment $500
Would like your thoughts on this. Any room to work with?
Thanks in advance for your help
Here are the numbers tell me what you think PLEASE!
2010 Lexus ES350
All options except Ultra Luxury
MSRP $40,840
Selling Price $37,151
58% Residual
15k miles per year for 36 months
$705 due at start
$23,687.20 Buy Out
Tier 1 Credit MF is .00245
Tier 2 Credit MF is .00255
Total: $600.72 per month
What do you guys think? Anymore wiggle room? He said he was giving me the car at basically invoice. Please let me know ASAP. Thanks again.
J
Just make sure that the dealer uses Lexus Financial Services' new February buy rate lease money factor of .00215 (for consumers who qualify for its top credit tier) to calculate your car's payment and you're in business.
Car_man
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Now let's look at the other important factor that determines whether this is a good deal, this car's selling price. The car that you are interested in probably has a spread of around $4,000 between its full MSRP and its dealer invoice price. You were quoted a dealer discount of almost $3,700. That probably puts you at only a couple hundred dollars over invoice, which is a very good deal.
Just get the money factor issue straightened out and go for it.
Car_man
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MSRP: 41,215
Neg Price: 36,300
MF: 0.00215
Down: 0
36K/3yrs
Monthly payment: $458/m
I did pay security deposit, that will be refundable.
Didnt see this low deal on the forum anywhere, so just sharing.
ES 350 w/ Nav, Park Assist, Rear Spoiler & 17in Alloy wheels
36 months
10k miles per year
$500 down
Monthly Payment - $606
MSRP - $41,534
Sales price - $39,034
Money Factor - .00215
Residual - 61%
Sales Tax - 7%
Any input you may have is greatly appreciated.
Could you please e-mail me the details of this lease? @ greenpak07@yahoo.com
Here are the lease details we were originally going to go with:
MSRP $41, 555.00
Selling price: $38,300.00
12,000 miles per year / 36 month lease
$1,512.00 down
Monthly payment: $555.00
Money Factor .00215
Residual: 61%
Sales tax 5.1%
We would have put down $1,012,00 more than your deal, but saved $1,836 over the 3 years. Our sales tax is lower, so that contributes to part of the monthly savings.
Its now 409/mo + tax w 2200 total drive off 10K/yr miles 36 mos. I don't have the breakdown but it includes all of the above and the 1st month, so guessing 1k cap cost. Same extras including nav.
Thanks again
I did the deal at Park Place Lexus in Orange County (LA) CA. By the way, I turned in an 08 IS and there really is no comparison. This is a great car for the money.
Thanks.
I plan on leasing a ES 350 to replace an aging Acura RL this spring, hence my interest in this forum.
Car_man
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MSRP: $38300
Sales Price: $34850
Lease term: 36mos./12k
Monthly payment: $491/mo
Taxes & all fees In payment. 1000 cap cost reduction. Paid by lexus Prior leasee rebate
Residual: 58
Money factor: .00200
Also took back our 2008 lexus back 6 months early
Thanks!
The only cash incentive that is currently available on leases of this car is $1,000 owner loyalty cash.
Car_man
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Car_man
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If I was in the market for an ES in an area that has a decent level of competition right now, I personally would shoot for a selling price of around $500 over invoice and see what happens.
Car_man
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marketplace I can locate an ES 350 with the equipment desired and get to that target price.