2015 Lexus GX 460 Lease Questions

Claires · May 2015

Welcome to Edmunds discussion dedicated to 2015 Lexus GX 460 leasing questions. Here you can find and discuss all the latest lease details for the 2015 GX 460, including cap costs, money factors, residual values, acquisition fees, etc. Please post any leasing questions you have, or any details you’d like to share about your own lease deals.

You can also research local dealer inventory and pricing, reviews, features, and specifications on Edmunds 2015 Lexus GX 460 page.

posse1 · October 2014

Looking to lease a 2015 GX460 with premium package. What is a good negotiated price? What is the MF and Residual for 12k and 15k miles on a 36 month lease? Is it better to pay the taxes up front or roll into payments?

kshankar · October 2014

Hi,
I was quoted $3500 off MSRP of a 2015 GX 460 premium. You should probably start at invoice. The MSRP was $56183. The MF is .00170. I do not know the residual for 12k or 15k but was quoted 58% for 10K. Since I live in GA, the taxes can either be paid upfront or rolled into the payments. Also in GA, you have to pay the entire tax on the vehicle. So for this particular vehicle, it was nearly $100 more per month for the sales tax.

kshankar · October 2014

I made a mistake, the MF is .00140 NOT .00170.

kyfdx · October 2014

posse1 said:
Looking to lease a 2015 GX460 with premium package. What is a good negotiated price? What is the MF and Residual for 12k and 15k miles on a 36 month lease? Is it better to pay the taxes up front or roll into payments?

57% residual for 36mo, 15K/yr.

.00140 MF

posse1 · October 2014

Thank you. Got the following lease quote on 2015 base with Nav:
-$2.100 down: covers dealer fees, motor vehicle and first month
-39 month lease
-$679 monthly payment
Will get more details tomorrow.

Does it appear like a good deal or should this apply to a premium package or should I wait until December?

posse1 · October 2014

Monthly payment includes taxes @ 8.25%

kyfdx · October 2014

posse1 said:
Thank you. Got the following lease quote on 2015 base with Nav:
-$2.100 down: covers dealer fees, motor vehicle and first month
-39 month lease
-$679 monthly payment
Will get more details tomorrow.

Does it appear like a good deal or should this apply to a premium package or should I wait until December?

I don't know that waiting would help much.. The GX460 is very popular, and historically, Lexus hasn't put any incentives on it.. If you like the deal and the car, no reason to wait.

kshankar · October 2014

Posse1,
what is MSRP, selling price, residual and MF they quoted you ? The base MF is .00070. Premium and Luxury are .00140.

kshankar · October 2014

Hello,
Has the money factor changed and residual changed for a 2015 Base GX? Is it still .00070?
I looking for residuals for 27, 30, 36 months and 10K and 15K miles a year. A dealer by me has a base 2015 GX on sale for $46,880.
thanks
KRIS

Michaell · October 2014

kshankar said:
Hello,
Has the money factor changed and residual changed for a 2015 Base GX? Is it still .00070?
I looking for residuals for 27, 30, 36 months and 10K and 15K miles a year. A dealer by me has a base 2015 GX on sale for $46,880.
thanks
KRIS

27/15 - 62%

30/15 - 59%

36/15 - 54%

Add 3% for 10K per year.

MF still the same - .00070 for base and .00140 for premium / luxury.

kshankar · October 2014

Thanks! So do you think the price for the base GX is good or not? This is the advertised price at the dealer without any negotiations.

Michaell · October 2014

kshankar said:
Thanks! So do you think the price for the base GX is good or not? This is the advertised price at the dealer without any negotiations.

Can't say .. I've never been the market for $50K luxury SUVs.

Use the pricing tools at the top of the page to help set a target.

One thing to be aware of ... is this a 'one only at this price' type of ad? Might not be a color you want.

kshankar · October 2014

They have 2 in stock. Base no nav. One is Silver, the other black. Identical MSRPs

kshankar · October 2014

Michaell,
I am working on a deal for a 2015 GX premium. what is the residual and MF for 36 months, 10K a year? Is it the same as the 2014s?
thanks
KRIS

kyfdx · October 2014

kshankar said:
Michaell,
I am working on a deal for a 2015 GX premium. what is the residual and MF for 36 months, 10K a year? Is it the same as the 2014s?
thanks
KRIS

Standard money factor of .00170, 60% residual

kshankar · October 2014

So for the 2015s, the money factor increased to .00170 from .00140?
thx

kyfdx · October 2014

kshankar said:
So for the 2015s, the money factor increased to .00170 from .00140?
thx

.00170 is Lexus' standard money factor. The .00140 was the discounted money factor on the 2014 model.

kshankar · October 2014

Thanks! I did not know that. So for calculation purposes for 2015s, I guess we have to use the .00170 and 58% money factor.

kshankar · October 2014

I meant 58% residual

ed4040 · October 2014

Looking to lease a 2015 GX460 with premium package for 39 months at 12k/year. MSRP is $56,180 and selling price is $51,200. Can you please help me with the MF and residual, so I can calculate monthly cost?

Michaell · October 2014

ed4040 said:
Looking to lease a 2015 GX460 with premium package for 39 months at 12k/year. MSRP is $56,180 and selling price is $51,200. Can you please help me with the MF and residual, so I can calculate monthly cost?

56% residual and MF looks to be .00140.

ed4040 · October 2014

Thanks!

SBaldwin77 · November 2014

current MF and residual on GX460 optioned up to 56K msrp. I read here that MF is .0007 but that was in OCtober, is this still true?

kyfdx · November 2014

SBaldwin77 said:
current MF and residual on GX460 optioned up to 56K msrp. I read here that MF is .0007 but that was in OCtober, is this still true?

.00155 if it has the Premium Pkg, which I guess the great majority of units have. .00105 if no Premium Package.

57% residual for 36mo, 15K/yr

cflores3 · November 2014

Happy Thanksgiving! Looking for numbers on a 2015 gx base- 24 month 12k,15k any help appreciated
- thanks

kyfdx · November 2014

cflores3 said:
Happy Thanksgiving! Looking for numbers on a 2015 gx base- 24 month 12k,15k any help appreciated
- thanks

.00105 MF and 69%/67% residual

vicjor · November 2014

I hope everyone had a great day,

Looking for numbers for a Base Lease - 2015 GX460 Long Island New York

39 months, 10,12 & 15K miles (the 39 month lease worked out cheaper that the 36 or 48 month)

Thank you

kyfdx · November 2014

vicjor said:
I hope everyone had a great day,

Looking for numbers for a Base Lease - 2015 GX460 Long Island New York

39 months, 10,12 & 15K miles (the 39 month lease worked out cheaper that the 36 or 48 month)

Thank you

.00105 MF and 54% residual for 39 mo, 15K/yr. Add 2% for 12K/yr or 3% for 10K/yr.

enzop · November 2014

Any chance we have numbers for December to Remember?

2015 GX460 at 36 month with 15k per year.

Thank you,

kyfdx · November 2014

enzop said:
Any chance we have numbers for December to Remember?

2015 GX460 at 36 month with 15k per year.

Thank you,

With Premium: .00155 MF and 57% residual

cflores3 · December 2014

Thank You! Do you the tier rates? Tier 1 +, Tier 1, Etc

kyfdx · December 2014

cflores3 said:
Thank You! Do you the tier rates? Tier 1 +, Tier 1, Etc

We only quote Tier 1+ (top tier).

Tier 1: Add .0001
Tier 2: Add .00045

vicjor · December 2014

Thank you,

Picked up my Lexus GX460 base with navi, comfort, blind options & Z5 options. List was 55,200

Lease - 39 months, 15K - $700 month with $2,500 paid at signing (included 1st month) All taxes and fees are included in the costs.

Feel like I good a good deal in New York. After a few miles, I do not like the Bluetooth phone speaker, no tone adjustments, or maybe I am missing something....

Thanks for your help, it was helpful in making my decision.

kyfdx · December 2014

vicjor said:
Thank you,

Picked up my Lexus GX460 base with navi, comfort, blind options & Z5 options. List was 55,200

Lease - 39 months, 15K - $700 month with $2,500 paid at signing (included 1st month) All taxes and fees are included in the costs.

Feel like I good a good deal in New York. After a few miles, I do not like the Bluetooth phone speaker, no tone adjustments, or maybe I am missing something....

Thanks for your help, it was helpful in making my decision.

Congrats on the new Lexus!

zoebendad · December 2014

looking for mf/resid for GX 4wd base (+premium package) for 36mo/12k. Thanks.

Michaell · December 2014

zoebendad said:
looking for mf/resid for GX 4wd base (+premium package) for 36mo/12k. Thanks.

2015?

.00155 and 59%

glex1 · December 2014

I am being quoted for a 15 GX 460 with Premium package. The MSRP is 57,417, being sold the car at 52,293 with a payment of 699mth for a 33 month 12k lease. Question I have is the residual on the car seems high. I'm being quoted a MF of .00155 and a residual of 62%. Are these numbers correct?

Michaell · December 2014

glex1 said:
I am being quoted for a 15 GX 460 with Premium package. The MSRP is 57,417, being sold the car at 52,293 with a payment of 699mth for a 33 month 12k lease. Question I have is the residual on the car seems high. I'm being quoted a MF of .00155 and a residual of 62%. Are these numbers correct?

I confirm both the .00155 MF and 33/12 residual of 62%.

I show $642.12/mo pre-tax with the MSRP and selling price you've quoted. 9% tax takes the payment to $699.92/mo.

glex1 · December 2014

Michaell said:

glex1 said:
I am being quoted for a 15 GX 460 with Premium package. The MSRP is 57,417, being sold the car at 52,293 with a payment of 699mth for a 33 month 12k lease. Question I have is the residual on the car seems high. I'm being quoted a MF of .00155 and a residual of 62%. Are these numbers correct?
I confirm both the .00155 MF and 33/12 residual of 62%.

I show $642.12/mo pre-tax with the MSRP and selling price you've quoted. 9% tax takes the payment to $699.92/mo.

Thank you for your help.

kyfdx · December 2014

glex1 said:
I am being quoted for a 15 GX 460 with Premium package. The MSRP is 57,417, being sold the car at 52,293 with a payment of 699mth for a 33 month 12k lease. Question I have is the residual on the car seems high. I'm being quoted a MF of .00155 and a residual of 62%. Are these numbers correct?

You want a high residual... that results in a lower payment.

mogupt1234 · January 2015

What are January numbers for 2015 Lexus GX460 for 33 or 36 months with 12K miles?

kyfdx · January 2015

mogupt1234 said:
What are January numbers for 2015 Lexus GX460 for 33 or 36 months with 12K miles?

.00105 MF for non-premium package
.00170 MF for Premium

Residuals are 61% and 59%

mac_attack · February 2015

2015 Lexus GX 460 Premium
55K+ msrp

north carolina
15K miles / 36 or 39 mos
mf?
residual?
what should selling price be?

estimated pmt?
thanks!

Michaell · February 2015

mac_attack said:
2015 Lexus GX 460 Premium
55K+ msrp

north carolina
15K miles / 36 or 39 mos
mf?
residual?
what should selling price be?

estimated pmt?
thanks!

57% for 36/15, 54% for 39/15. Looks like the base MF is .00105.

Can't model a payment without knowing the net cap cost - use the pricing tools at the top of the page (make / model / year) to help establish a target.

Jeffrey Conte · February 2015

I am in Nj currently negotiating for a 2015 Lexus gx460 base with an msrp of 53125.

The dealer is quoting me a selling price of 48500, taking 2900 cash from me and giving me a payment of 522/month tax included for 48 months 12k miles per year. I think the doc, mv and other costs were 1400. I forgot to ask the money factor and residual. There isn't a trade in or anything.

Based on the info I have can you determine if this is a good deal?

Thanks
Jeff

Michaell · February 2015

jconte said:
I am in Nj currently negotiating for a 2015 Lexus gx460 base with an msrp of 53125.

The dealer is quoting me a selling price of 48500, taking 2900 cash from me and giving me a payment of 522/month tax included for 48 months 12k miles per year. I think the doc, mv and other costs were 1400. I forgot to ask the money factor and residual. There isn't a trade in or anything.

Based on the info I have can you determine if this is a good deal?

Thanks
Jeff

What is the breakdown of the $2900? Taxes, fees, cap cost reduction?

Lease number on the GX base are 50% and .00105 for 48/12.

Using your MSRP and selling price, I get a pre-tax payment of $535.85. This is with $0 cap cost reduction.

Jeffrey Conte · March 2015

thank you so much for the quick response @Michaell. Yes, the 2900 is used to cover the 1400 (700 doc, 450 DMV, etc..) in fees and the 1500 for taxes (7% in NJ) and cap cost reduction.

I have been reading through the forums and noticed some recommendations for Multiple Security Deposits, is that something that I can use on this deal. Would it help me ?

I am not a big fan if the 4 year lease, but it got my payment where I need, close to 500/month. Any suggestions are greatly appreciated. I would like to make the deal this week.

I am trying to keep the payments as low as possible. thanks again.

Michaell · March 2015

jconte said:
thank you so much for the quick response @Michaell. Yes, the 2900 is used to cover the 1400 (700 doc, 450 DMV, etc..) in fees and the 1500 for taxes (7% in NJ) and cap cost reduction.

I have been reading through the forums and noticed some recommendations for Multiple Security Deposits, is that something that I can use on this deal. Would it help me ?

I am not a big fan if the 4 year lease, but it got my payment where I need, close to 500/month. Any suggestions are greatly appreciated. I would like to make the deal this week.

I am trying to keep the payments as low as possible. thanks again.

Yes, MSD would allow you to buy down the MF and lower your payment .. and, you get that money back at the end of the lease.

l8trgtr · March 2015

Hi. Can anyone give me some advice. We are looking to replace our 2012 Lexus GX with a 2015 Lexus GX. I found one in Chicago, but, it will be a 4 hour ride round trip. This is for a 2015 Lexus GX Premium with a list price of $67,598. What would be a good lease offer on this for 12,000 miles per year for 36 months? What sort of sales price wood be a good target for the lease to be based on? I see True car around $63.4K, Edmunds suggests $65.6. The dealer is really going to have to work to get me down there & I don't want to get yanked around. Any suggestions. I am in the Milwaukee area and my dealers have no stock in the colors that we would like. I looked at a Land Rover, but, even the quality on the brand new models look suspect and the prices are stratospheric. I see Lexus promoting ridiculous cheap lease numbers on the base GX. I know that will not happen with the loaded version.
Thanks for any thoughts. I am looking to work with Orland Lexus & hope that they will treat me fair.

Michaell · March 2015

l8trgtr said:
Hi. Can anyone give me some advice. We are looking to replace our 2012 Lexus GX with a 2015 Lexus GX. I found one in Chicago, but, it will be a 4 hour ride round trip. This is for a 2015 Lexus GX Premium with a list price of $67,598. What would be a good lease offer on this for 12,000 miles per year for 36 months? What sort of sales price wood be a good target for the lease to be based on? I see True car around $63.4K, Edmunds suggests $65.6. The dealer is really going to have to work to get me down there & I don't want to get yanked around. Any suggestions. I am in the Milwaukee area and my dealers have no stock in the colors that we would like. I looked at a Land Rover, but, even the quality on the brand new models look suspect and the prices are stratospheric. I see Lexus promoting ridiculous cheap lease numbers on the base GX. I know that will not happen with the loaded version.
Thanks for any thoughts. I am looking to work with Orland Lexus & hope that they will treat me fair.

59% residual for 36/12 and .00155 MF.

Can't help you with the selling price.

2015 Lexus GX 460 Lease Questions

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