Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Did you get a great deal? Let us know in the Values & Prices Paid section!
Meet your fellow owners in our Owners Clubs

2014 Lexus ES 350 Lease Questions

steverstever Posts: 52,462
edited May 2015 in Lexus
To discuss the latest lease details for the current model, please join us in the 2015 Lexus ES 350 Lease Questions forum.

You can also research local dealer inventory and pricing, reviews, features, and specifications on Edmunds 2015 Lexus ES 350 page.

To see all forums discussions about the Lexus ES 350, including earlier model years, please visit our list of Lexus ES 350 discussions.

Navigation tips: To see the most recent information and activity, make sure to visit the latest post, which may be a few pages ahead. Click the pages numbers just below to go to a new page in the discussion -- or search the entire discussion by clicking the magnifying glass icon and entering keywords.

We also invite you to share your purchase experience on Edmunds Facebook page, Share Your Story.
«1345

Comments

  • What is the current residual for a 2014 es350 or es300h for 27 months. What is the money factor. A so cal dealer told me a mf. Of .oo9. I asked if any benefit of extra deposits he said no because mf is so low. Any comments on this are appreciated

  • kyfdxkyfdx Posts: 136,635

    2014 ES350 27mo, 15K/yr lease
    .0010 MF and 68% residual. Hybrid has the same numbers.

    I'm not sure of Lexus rules on multiple security deposits, but that isn't normal for other makes (Infiniti and BMW, for example)

    kyfdx

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Thanks to all the posts on this forum. We pulled the trigger on a 2014 es300h yesterday. Sticker was 46,763, included blind spot monitor, hid lamps, power sunshade, luxury package, nav, pearling assist, rain sensing wipers, wood steering mats.

    Using info from this site we were able to negotiate the following, gross cap cost 41,200 there was a 500 rebate from lexus, mf .oo10 which I have been told is their buy rate, 10k annual miles, 27 month term with 71% residual. Our payment is 389.73 with 1000 out of pocket.

  • Thank you, Wineman123. Can you share the dealers name you worked with?

  • Valley lexus in Modesto or Fresno lexus

  • Thanks Wineman123, looks like a good deal, I'm using it to negotiate with dealers in NJ. Does your monthly payment of 389.73 include tax?

  • Hello, looking for the current mf and residual for a 2014 es300h for 27 month lease program with 10K miles per year.

    Thank you!

  • kyfdxkyfdx Posts: 136,635

    @alsecord said:
    Hello, looking for the current mf and residual for a 2014 es300h for 27 month lease program with 10K miles per year.

    Thank you!

    .00090 MF and 70% residual. $500 lease cash.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Thank you, kyfdx!

  • julio91julio91 Miami, FloridaPosts: 153

    If anyone needs a good sales rep and does not matter what state you reside in ( he could ship the car pretty much anywhere, he saved my buddy up in Phoenix $80 a month) Inbox me for his info, I purchased 2 Lexus of this gentleman, straight forward, did not catch him in any lies, extremely resourceful, give it a try you know, Best luck everyone keep us posted.

  • newbie58newbie58 Posts: 5

    Hope this helps someone, but also looking for feedback on your thoughts of my lease.

    2014 ES 350 MSRP $44,891

    (base $36,620 + $6,843 package with additional options + $199 body side molding + $319 rear lip spoiler + $910 delivery)

    27 month lease - 10,000 miles/year. (Total 22,500 miles).

    $1,450 down payment (includes 1st month payment, taxes, registration, etc)

    26 x $409 (includes NJ tax).

    New Jersey on 3/31/2014

  • MichaellMichaell ColoradoPosts: 129,690

    @newbie58 said:
    Hope this helps someone, but also looking for feedback on your thoughts of my lease.

    2014 ES 350 MSRP $44,891

    (base $36,620 + $6,843 package with additional options + $199 body side molding + $319 rear lip spoiler + $910 delivery)

    27 month lease - 10,000 miles/year. (Total 22,500 miles).

    $1,450 down payment (includes 1st month payment, taxes, registration, etc)

    26 x $409 (includes NJ tax).

    New Jersey on 3/31/2014

    I would say that $409/mo for a car that stickered at close to $45K is a pretty good deal. You must have gotten the dealer to take quite a bit off that price.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • newbie58newbie58 Posts: 5

    @[email protected] said:
    I would say that $409/mo for a car that stickered at close to $45K is a pretty good deal. You must have gotten the dealer to take quite a bit off that price.

    Thank you Michael. I thought it was a good deal, but then I saw the comment above from wineman123... $389.73 with $1,000 down on a $46,763 MSRP! Then wineman123 has a terrific deal!!! His MSRP is 4% higher than mine and his payment is 4.7% less monthly with a 31% lower down payment! I am assuming we are comparing apples to apples and wineman's price also includes all taxes and that his down payment includes his first monthly payment too. Way to go wineman123!!!

  • Newbie58, you have to also remember that wineman resides in California. If I'm not mistaken, they have a much lower Money Factor there.
  • julio91julio91 Miami, FloridaPosts: 153

    If anyone needs a good sales rep and does not matter what state you reside in ( he could ship the car pretty much anywhere, he saved my buddy up in Phoenix $80 a month) Inbox me for his info, I purchased 2 Lexus of this gentleman, straight forward, did not catch him in any lies, extremely resourceful, give it a try you know, Best luck everyone keep us posted.

  • Hello, looking for current (April) residual and money factor for ES350 27 month lease. Thanks.

  • kyfdxkyfdx Posts: 136,635

    @heisenberg815 said:
    Hello, looking for current (April) residual and money factor for ES350 27 month lease. Thanks.

    .00075 MF and 66% for 15K mi/yr. $500 lease cash.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • e2jxovere2jxover Posts: 25
    edited April 2014

    Looking for Res & MF for ES 350 36mnths 15k miles. South FL area if it makes a difference. Thank you for the help.

  • MichaellMichaell ColoradoPosts: 129,690

    @e2jxover said:
    Looking for Res & MF for ES 350 36mnths 15k miles. South FL area if it makes a difference.

    Thank you for the help.

    58% and .00075

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • fulminofulmino Posts: 10

    @newbie58, thank you for outlining your purchase. Can you please post the purchase price for the automobile - I am trying to back into the numbers you posted? Thanks.

  • geoguy99geoguy99 Posts: 10

    Looking at a 2014 ES350 lease 36mo, 12k. MSRP $44,407. MF 0.0009, $700 Lease Acquisition, $250 Doc Fee, Tax @6.75%, $832 Tag Fee. $1000 down. Dealer offering $512. Is this a good deal?

  • MichaellMichaell ColoradoPosts: 129,690

    @geoguy99 said:
    Looking at a 2014 ES350 lease 36mo, 12k. MSRP $44,407. MF 0.0009, $700 Lease Acquisition, $250 Doc Fee, Tax 6.75%, $832 Tag Fee. $1000 down. Dealer offering $512. Is this a good deal?

    We'll need the selling price.

    The base MF for tier 1 is .00075, so it looks like the dealer is marking it up a bit for some extra profit.

    Also, there is $500 lease cash available for the ES350.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hi. I would like to know the residual value of a base 2014 lexus es 350 (MSRP $40,222) for a 27/36 months lease with 10,000 miles/year. I got an offer for $495/per month for 27 months with 12,000miles with $1,750 due at signing. Thanks in advance.

  • MichaellMichaell ColoradoPosts: 129,690

    @puthiamadam said:
    Hi. I would like to know the residual value of a base 2014 lexus es 350 (MSRP $40,222) for a 27/36 months lease with 10,000 miles/year. I got an offer for $495/per month for 27 months with 12,000miles with $1,750 due at signing. Thanks in advance.

    27/10K - 69%

    36/10K - 61%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Here is a lease offer I got for a 2014 ES30 with MSRP of $40,332 for a 36 month lease with 10,000 miles per year. $3,760 at signing and $366/month for the next 35 months. Is it a fair deal? Thanks.

  • MichaellMichaell ColoradoPosts: 129,690

    @puthiamadam said:
    Here is a lease offer I got for a 2014 ES30 with MSRP of $40,332 for a 36 month lease with 10,000 miles per year. $3,760 at signing and $366/month for the next 35 months. Is it a fair deal? Thanks.

    What is the selling price? How much of the $3760 is used to reduce the cap cost?

    Hard to evaluate the deal until we get that information.

    Residual is 61% and the money factor is .00075 for the ES350 for 36/10K

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Question: Here is a lease offer I got for a 2014 ES30 with MSRP of $40,332 for a 36 month lease with 10,000 miles per year. $3,760 at signing and $366/month for the next 35 months. Is it a fair deal? Thanks.

    What is the selling price? How much of the $3760 is used to reduce the cap cost?

    Hard to evaluate the deal until we get that information.

    Residual is 61% and the money factor is .00075 for the ES350 for 36/10K

    Selling price $37,600, down payment $2,425.

  • MichaellMichaell ColoradoPosts: 129,690

    @puthiamadam said:

    Question: Here is a lease offer I got for a 2014 ES30 with MSRP of $40,332 for a 36 month lease with 10,000 miles per year. $3,760 at signing and $366/month for the next 35 months. Is it a fair deal? Thanks.

    What is the selling price? How much of the $3760 is used to reduce the cap cost?

    Hard to evaluate the deal until we get that information.

    Residual is 61% and the money factor is .00075 for the ES350 for 36/10K

    Selling price $37,600, down payment $2,425.

    OK, plugging in your numbers and applying the $2425 to the selling price, I get a pre-tax payment of $338.51 - with 8% tax, it comes to $365.69.

    If I back out the down payment, the price with tax increases to $440.31.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • julio91julio91 Miami, FloridaPosts: 153

    @puthiamadam‌ If youre willling to put anything down take look at their Multiple security deposit you could do up to 9 multiple security deposits and its 100% refundable at lease end. could be around the same payment you are quoted probably 15$ more a month plus you get your money back. Best Of luck Let me know.

  • Thanks for the tip about the MSD. I am paying $3,375 in MSD and an initial payment of $1,770 including my first payment. My monthly payment is $375 (36 month lease with 10,000 miles). No cash down.

  • bliss155bliss155 Posts: 6

    Hello...Here's my offer for a ES350, sticker 44,993.00, selling price: 41,341.00 plus tint = 399.00. (Arizona...must have tint, lots of tint) so: $41740.00

    36/12K @ .00105 (which I know is high). I believe that should be .00075.

    $1919 + $500 rebate down = $2419.00. Residual of $26,995.80.

    Payment of $519.28...what do you think?? I asked about the MSD and they said they don't that...???

    For every $1000 I add to the out of pocket money down, the payment goes down about $30/month. I also asked about 15K miles and the payment when up $25/month.
    Please let me know what you think. And thank you in advance, I have lived on this website for the past 2 weeks. Also looking at BMW 5 series, Audi A6.

  • MichaellMichaell ColoradoPosts: 129,690

    @bliss155 said:
    Hello...Here's my offer for a ES350, sticker 44,993.00, selling price: 41,341.00 plus tint = 399.00. (Arizona...must have tint, lots of tint) so: $41740.00

    36/12K @ .00105 (which I know is high). I believe that should be .00075.

    $1919 + $500 rebate down = $2419.00. Residual of $26,995.80.

    Payment of $519.28...what do you think?? I asked about the MSD and they said they don't that...???

    For every $1000 I add to the out of pocket money down, the payment goes down about $30/month. I also asked about 15K miles and the payment when up $25/month.
    Please let me know what you think. And thank you in advance, I have lived on this website for the past 2 weeks. Also looking at BMW 5 series, Audi A6.

    The residual of 60% is correct and the base MF is in fact .00075 as you've noted.

    Plugging in your numbers with the .00105 MF I get a pre-tax payment of $481.73. If I reduce the MF to .00075, the payment drops to $461.11.

    Your assumptions about money down and miles per year are correct ... however, it's not a good idea to put money down on a lease, as if the car is stolen or totaled, you are out that money. Going to 15K per year decreases the residual by 2%.

    I'm not sure if a dealer has the right to refuse MSD - have you contacted a different dealer and see what they say?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • geoguy99geoguy99 Posts: 10

    @[email protected] said:
    We'll need the selling price. The base MF for tier 1 is .00075, so it looks like the dealer is marking it up a bit for some extra profit. Also, there is $500 lease cash available for the ES350.

    MSRP = $44,407, SP = $41,87234, $1000 out of pocket (+$500 dealer cash) covering Cap Red = $567, $412 title & fees, and $512 first month payment.
    Good Deal???

  • MichaellMichaell ColoradoPosts: 129,690

    @geoguy99 said:
    MSRP = $44,407, SP = $41,87234, $1000 out of pocket (+$500 dealer cash) covering Cap Red = $567, $412 title & fees, and $512 first month payment. Good Deal???

    Using your MSRP and selling price (should that be $41,872.34?) with the MF of .00075 and residual of 60% I get a pre-tax payment of 474.39. Add 8% sales tax and I get $512.34

    If you're comfortable with the selling price, it looks good from here.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Looking for MF and residual ES350 with 12k miles/yr. 24/27/36 mo terms if possible. Thanks!

  • MichaellMichaell ColoradoPosts: 129,690

    @saabguy914 said:
    Looking for MF and residual ES350 with 12k miles/yr. 24/27/36 mo terms if possible. Thanks!

    Residual 70/68/60

    MF is .00075

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Thanks for the quick response! Hopefully one of these deals will soon work out!

  • bliss155bliss155 Posts: 6

    Hello....Thank You for your response, took your advise and reached out to another dealer with the MSD question. He sent us this deal...

    MSRP $44993.00

    Selling $41290.00

    rebate $500

    9 MSDs + fees $6322.98 ($4500.00 + $1822.98)

    aftermarket: $499 (tint?) $100 higher than other guy?

    MF/APR 0.000030 (this started at the 0.000750 B4 the MSD's)

    Residual: $26,995.80

    Payment: $445.84

    And a bit more the the 36/15 of course. $6547.98 MSD and $472.80 payment.

    What do you think?
    Thanks!!

  • MichaellMichaell ColoradoPosts: 129,690

    @bliss155 said:

    Hello....Thank You for your response, took your advise and reached out to another dealer with the MSD question. He sent us this deal...

    MSRP $44993.00

    Selling $41290.00

    rebate $500

    9 MSDs + fees $6322.98 ($4500.00 + $1822.98)

    aftermarket: $499 (tint?) $100 higher than other guy?

    MF/APR 0.000030 (this started at the 0.000750 B4 the MSD's)

    Residual: $26,995.80

    Payment: $445.84

    And a bit more the the 36/15 of course. $6547.98 MSD and $472.80 payment.

    What do you think?
    Thanks!!

    Again, plugging in your new numbers (MSRP, selling price and adjusted MF) with a 60% residual, I get a pre-tax payment of $399.11. The tax rate would have to be higher than 10% to get to a payment of $445.84.

    Unless I'm calculating the net cap cost wrong by not adding in the tint.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • bliss155bliss155 Posts: 6

    Again, I thank you! I will check that out.

  • gus2014gus2014 Posts: 3

    Does Lexus offer a 20k MPY lease? If so what would the MF and residual be for a 36 month?

  • MichaellMichaell ColoradoPosts: 129,690

    @gus2014 said:
    Does Lexus offer a 20k MPY lease? If so what would the MF and residual be for a 36 month?

    Sort of .. any miles over 15K are deducted at the rate of .20 per mile. And, 20K is the maximum Lexus Financial will write a lease for.

    So, instead of a percentage, you take the 15K residual value and deduct from it.

    ES350 residual for 36/15 is 58% and the base MF is .00075.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • gus2014gus2014 Posts: 3

    Thanks for the info. By my calculations that puts the residual at about 56%. Do you know what a typical price over invoice is for Lexus these days? I know in the early years it was hard to get much of a discount at all. Not sure where they are these days.

  • craigazcraigaz Posts: 1

    Re: Wineman123's post Jan 5/14 - 2014 ES 300h MSRP $46,763, Gross capital cost $41,200.
    If we were to buy rather than lease from that Fresno dealer, is $41,200 what we should expect to pay? $5,563 seems like a pretty good discount off MSRP. Any problems buying across state lines - we're in AZ. Thanks.

  • MichaellMichaell ColoradoPosts: 129,690

    @gus2014 said:
    Thanks for the info. By my calculations that puts the residual at about 56%. Do you know what a typical price over invoice is for Lexus these days? I know in the early years it was hard to get much of a discount at all. Not sure where they are these days.

    I'm not in the market, so I can't comment on what transaction prices should be.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • gus2014gus2014 Posts: 3

    Does anyone know if the money factor or residuals has changed for May? I'm getting quoted 51% residual on a 36 month 20k per year lease and by my calculations from above it should be 56%.

  • MichaellMichaell ColoradoPosts: 129,690

    @gus2014 said:
    Does anyone know if the money factor or residuals has changed for May? I'm getting quoted 51% residual on a 36 month 20k per year lease and by my calculations from above it should be 56%.

    Don't know - the May numbers aren't in yet.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • liljaden11liljaden11 Posts: 19

    Can you please provide me with the MF & Residual for ES350?

  • MichaellMichaell ColoradoPosts: 129,690

    @liljaden11 said:
    Can you please provide me with the MF & Residual for ES350?

    Base residual for 15K is 58% this month .. but, for 20K miles, the residual is reduced by .20/mile, or $1000.

    MF is .00035

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • liljaden11liljaden11 Posts: 19

    Thank you

This discussion has been closed.