2015 Lexus IS350 Lease Questions

sunmasque1sunmasque1 Member Posts: 11
edited May 2015 in Lexus
I was at the dealership this weekend looking at an 2015 IS350 AWD with FSport/Nav/BSM, sticker $49,465.

I'm looking to lease at 15k/yr. The money factor was .00105, but I'm still not clear on the residuals for 24/27/36 month terms. Does anyone have them? This is for a NY/Long Island dealer.
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  • kyfdxkyfdx Moderator Posts: 197,715

    I was at the dealership this weekend looking at an 2015 IS350 AWD with FSport/Nav/BSM, sticker $49,465.

    I'm looking to lease at 15k/yr. The money factor was .00105, but I'm still not clear on the residuals for 24/27/36 month terms. Does anyone have them? This is for a NY/Long Island dealer.


    72%/70%/62%

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  • sunmasque1sunmasque1 Member Posts: 11
    Thank you so much for the prompt reply!
  • tallmasstallmass Member Posts: 51
    @kyfdx‌ and @Michaell‌ do you guys have the december residual and mf for a 2015 IS350 36 months 15k/year for southern california? thank you
  • kyfdxkyfdx Moderator Posts: 197,715
    tallmass said:

    @kyfdx‌ and @Michaell‌ do you guys have the december residual and mf for a 2015 IS350 36 months 15k/year for southern california? thank you


    .00105 MF and 62% residual. Complimentary first payment from Lexus

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  • case2001kscase2001ks Member Posts: 4
    Missed the December specials, found out we have to sell our 2007 IS250 last night that was doing so well (repairs)!

    Going to pick up a 2015 IS350 F-Sport, 24-27 months (whichever is more attractive), 10k miles/yr, Texas. Do you need a breakdown of options? Looking for MF and residual for January.
  • kyfdxkyfdx Moderator Posts: 197,715

    Missed the December specials, found out we have to sell our 2007 IS250 last night that was doing so well (repairs)!

    Going to pick up a 2015 IS350 F-Sport, 24-27 months (whichever is more attractive), 10k miles/yr, Texas. Do you need a breakdown of options? Looking for MF and residual for January.


    The new numbers don't come out until Tuesday, January 6th

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  • case2001kscase2001ks Member Posts: 4
    kyfdx said:

    The new numbers don't come out until Tuesday, January 6th

    Ah, so what if I buy one tomorrow. December's numbers? Thanks for the help, by the way.
  • kyfdxkyfdx Moderator Posts: 197,715

    kyfdx said:

    The new numbers don't come out until Tuesday, January 6th

    Ah, so what if I buy one tomorrow. December's numbers? Thanks for the help, by the way.

    Yes.. December numbers run through January 5th.

    .00105 MF and 73% residual for 27mo, 10K/yr.

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  • case2001kscase2001ks Member Posts: 4
    Texas Lease - dealer is quoting me a much higher MF:

    "IS350 F-Sport, RWD, Blindspot, Nav.
    MSRP is $47919, sales price is $44891 plus TT&L.
    The money factor used is 0.00205 for tier 1+.
    10k mile per year residual for 24 months is 75% and the payment is $702.
    The residual for 36 months is 65% and the payment is $649."

    What should I do here?
  • case2001kscase2001ks Member Posts: 4
    edited January 2015
    Well they changed their mind pretty quick after I called them on it. Backed it down to .00105.
  • kyfdxkyfdx Moderator Posts: 197,715

    Well they changed their mind pretty quick after I called them on it. Backed it down to .00105.


    The first offer is always unrealistic, it seems..

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  • mike945mike945 Member Posts: 1
    What are the MF and Residual for Jan on a 2015 IS350? 27/12, 27/15, and 36/15
  • kyfdxkyfdx Moderator Posts: 197,715
    mike945 said:

    What are the MF and Residual for Jan on a 2015 IS350? 27/12, 27/15, and 36/15


    .00105 MF and 70%/68%/62% residual

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  • bradmechbradmech Member Posts: 2
    Could you help me with the numbers on a 2015 IS 350C 27/15 & 36 / 15.
    also IS 250 C same terms?
    TIA
  • kyfdxkyfdx Moderator Posts: 197,715
    bradmech said:

    Could you help me with the numbers on a 2015 IS 350C 27/15 & 36 / 15.
    also IS 250 C same terms?
    TIA


    .00170 MF and 63%/57% residual for IS 350C

    IS250C residuals are 2% higher.

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  • mcb345mcb345 Member Posts: 32
    Just curious what the residuals are for 36 month / 12k miles in both the AWD F-Sport model and the non-F Sport AWD 350 as well, if they differ at all?

    Also, some people have floated MF's under .00105 in the last month or so on various forums. Is this feasible with either an F-Sport AWD 350 or a non-F Sport model or is that a big unknown? I wouldn't be putting any money down and have no trade in.

    Lastly, I live in Chicago and may wait to purchase until February, does anyone know what the typical auto show $$ credit is?
  • kyfdxkyfdx Moderator Posts: 197,715
    mcb345 said:

    Just curious what the residuals are for 36 month / 12k miles in both the AWD F-Sport model and the non-F Sport AWD 350 as well, if they differ at all?

    Also, some people have floated MF's under .00105 in the last month or so on various forums. Is this feasible with either an F-Sport AWD 350 or a non-F Sport model or is that a big unknown? I wouldn't be putting any money down and have no trade in.

    Lastly, I live in Chicago and may wait to purchase until February, does anyone know what the typical auto show $$ credit is?


    The residual for all 2015 RX350s is the same: 60% for 36mo, 12K/yr.

    We show .00090 MF as the base.

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  • mcb345mcb345 Member Posts: 32
    kyfdx said:

    mcb345 said:



    The residual for all 2015 RX350s is the same: 60% for 36mo, 12K/yr.

    We show .00090 MF as the base.

    I was actually hoping for the IS350 #'s not RX350.

    Also, does Lexus or their dealers typically offer some type of cash/incentive during auto shows. I'm looking to pull the trigger during the Chicago Auto show in February...
  • kyfdxkyfdx Moderator Posts: 197,715
    mcb345 said:

    kyfdx said:

    mcb345 said:



    The residual for all 2015 RX350s is the same: 60% for 36mo, 12K/yr.

    We show .00090 MF as the base.

    I was actually hoping for the IS350 #'s not RX350.

    Also, does Lexus or their dealers typically offer some type of cash/incentive during auto shows. I'm looking to pull the trigger during the Chicago Auto show in February...

    No idea on an auto show bonus.. if so, it would likely be $500.

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  • neesh319neesh319 Member Posts: 32
    kyfdx said:

    mike945 said:

    What are the MF and Residual for Jan on a 2015 IS350? 27/12, 27/15, and 36/15


    .00105 MF and 70%/68%/62% residual
    do these numbers hold true for a leftover 2014 IS350 fsport AWD in the tristate area
  • MichaellMichaell ColoradoModerator Posts: 193,101
    neesh319 said:

    kyfdx said:

    mike945 said:

    What are the MF and Residual for Jan on a 2015 IS350? 27/12, 27/15, and 36/15


    .00105 MF and 70%/68%/62% residual
    do these numbers hold true for a leftover 2014 IS350 fsport AWD in the tristate area
    We don't have any lease numbers for 2014 models.

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  • lelandsdlelandsd Member Posts: 1
    I'm looking at Lexus lease programs in California for 2015 RC-350 F-Sport and 2015 RC-F. I was at a dealership and they showed a sticker of ~$53K (Park Distance, Navi, BSM, etc.) for 350-F Sport. Can anyone share the residuals and money factors Lexus is offering for 24/27/36 months terms? I will shop around and negotiate too.
  • MichaellMichaell ColoradoModerator Posts: 193,101
    lelandsd said:

    I'm looking at Lexus lease programs in California for 2015 RC-350 F-Sport and 2015 RC-F. I was at a dealership and they showed a sticker of ~$53K (Park Distance, Navi, BSM, etc.) for 350-F Sport. Can anyone share the residuals and money factors Lexus is offering for 24/27/36 months terms? I will shop around and negotiate too.

    We have a dedicated RC lease discussion ...

    .00170 MF both trims.

    RC350 - 71% / 69% / 62% for 24/27/36 months and 15,000 miles

    RC-F - 66% / 64% / 57% for same terms.

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  • bmwdreamer83bmwdreamer83 Member Posts: 31
    edited January 2015
    What would the MF and residuals be on the 2015 Lexus IS 350 F Sport? It would be for southern California. 36 month, 10K. Also what can I expect to get below MSRP?
  • kyfdxkyfdx Moderator Posts: 197,715

    What would the MF and residuals be on the 2015 Lexus IS 350 F Sport? It would be for southern California. 36 month, 10K. Also what can I expect to get below MSRP?


    .00105 MF and 65% residual

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  • mcb345mcb345 Member Posts: 32
    kyfdx said:

    What would the MF and residuals be on the 2015 Lexus IS 350 F Sport? It would be for southern California. 36 month, 10K. Also what can I expect to get below MSRP?


    .00105 MF and 65% residual
    truecar.com estimates you can get the F-Sport for about $300 over invoice in my state. Shoot for invoice, nothing to lose.
  • petrus36petrus36 Member Posts: 20
    Have a dealer willing to lease me the 2015 IS 350 AWD F sport, with nav and blind spot monitor. MSRP=$49,464, selling price =$45,462, $1000 total drive off, 36 months $531.42/month. Is this the best deal you think I can get? I am in KY.
  • MichaellMichaell ColoradoModerator Posts: 193,101
    petrus36 said:

    Have a dealer willing to lease me the 2015 IS 350 AWD F sport, with nav and blind spot monitor. MSRP=$49,464, selling price =$45,462, $1000 total drive off, 36 months $531.42/month. Is this the best deal you think I can get? I am in KY.

    Using your MSRP and selling price, along with the 36/15 residual of 62% and base MF of .00105, I get a pre-tax payment of $490.89.

    Depending on the tax rate, your quote from the dealer seems about right. Can't tell you if you can negotiate more off the selling price.

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  • mcb345mcb345 Member Posts: 32
    Any February numbers yet for IS 350 F Sport AWD for 36 month / 12k?
  • MichaellMichaell ColoradoModerator Posts: 193,101
    mcb345 said:

    Any February numbers yet for IS 350 F Sport AWD for 36 month / 12k?

    .00085 and 64%

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  • mcb345mcb345 Member Posts: 32
    Michaell said:

    mcb345 said:

    Any February numbers yet for IS 350 F Sport AWD for 36 month / 12k?

    .00085 and 64%
    Thank you very much.
  • duckcoverrollduckcoverroll Member Posts: 2
    Michaell said:

    mcb345 said:

    Any February numbers yet for IS 350 F Sport AWD for 36 month / 12k?

    .00085 and 64%
    Hi there - is the MF and residual for the non AWD IS 350 F Sport the same (.00085 and 64% for 36 mo./12k)?

    This is for Seattle/ Bellevue area.

    thanks!
  • kyfdxkyfdx Moderator Posts: 197,715

    Michaell said:

    mcb345 said:

    Any February numbers yet for IS 350 F Sport AWD for 36 month / 12k?

    .00085 and 64%
    Hi there - is the MF and residual for the non AWD IS 350 F Sport the same (.00085 and 64% for 36 mo./12k)?

    This is for Seattle/ Bellevue area.

    thanks!

    Yes.. same numbers

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  • shaymasdaddy06shaymasdaddy06 Member Posts: 17
    Are these #s the same in TX and do carryover into March?
  • MichaellMichaell ColoradoModerator Posts: 193,101

    Are these #s the same in TX and do carryover into March?

    yes ... and yes

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  • joeyalexjoeyalex Member Posts: 13
    Can I get the residuals and MF numbers for the following scenarios:
    2015 IS 350 (non F-Sport, RWD), Northern California
    27 months: 12k and 15k miles
    36 months: 12k and 15k miles

    This will be for late March/early April delivery on a special ordered vehicle.

    Thanks!
  • MichaellMichaell ColoradoModerator Posts: 193,101
    joeyalex said:

    Can I get the residuals and MF numbers for the following scenarios:
    2015 IS 350 (non F-Sport, RWD), Northern California
    27 months: 12k and 15k miles
    36 months: 12k and 15k miles

    This will be for late March/early April delivery on a special ordered vehicle.

    Thanks!

    27/15 - 68%

    36/15 - 62%

    Add 2% for 12K and complimentary first payment.

    .00090 MF

    These numbers expire on 3/31/15

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  • joeyalexjoeyalex Member Posts: 13
    Michaell said:



    27/15 - 68%

    36/15 - 62%

    Add 2% for 12K and complimentary first payment.

    .00090 MF

    These numbers expire on 3/31/15

    Awesome, thanks!
  • jc890123jc890123 Member Posts: 3
    Hi!

    Can I get the residuals and MF numbers for the following scenarios:
    2015 IS 350 F-Sport, Northern California
    24 month: 10k miles
    27 months: 10k miles
    36 months: 10k miles

    Looking to pick it up this weekend.

    Thanks!
  • kyfdxkyfdx Moderator Posts: 197,715
    jc890123 said:

    Hi!

    Can I get the residuals and MF numbers for the following scenarios:
    2015 IS 350 F-Sport, Northern California
    24 month: 10k miles
    27 months: 10k miles
    36 months: 10k miles

    Looking to pick it up this weekend.

    Thanks!


    .00090 MF and 73%/71%/65% residual. Complimentary 1st payment

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  • eaglesfan83eaglesfan83 Member Posts: 5
    Got the following quote from a dealer in VA for a 2015 IS350 AWD F sport. 

    MSRP $49,853
    Sale Price $45,500.00

    Residual: 64% of MSRP
    Money Factor: 0.00090
    36 months, 12,000 miles per year lease

    $1,500.00 down with 35 X Payments of $479.66/month with tax included 

    Thinking its a solid deal and planning on putting a deposit down and picking up last week of March. Good deal?
  • kyfdxkyfdx Moderator Posts: 197,715

    Got the following quote from a dealer in VA for a 2015 IS350 AWD F sport. 

    MSRP $49,853
    Sale Price $45,500.00

    Residual: 64% of MSRP
    Money Factor: 0.00090
    36 months, 12,000 miles per year lease

    $1,500.00 down with 35 X Payments of $479.66/month with tax included 

    Thinking its a solid deal and planning on putting a deposit down and picking up last week of March. Good deal?

    Not sure of tax treatment on a lease in VA, but if the selling price is the CAP cost, I get a payment of $447/mo.+tax.. so, looks pretty close

    Those are the correct rates for that vehicle.. Looks pretty solid.

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  • jc890123jc890123 Member Posts: 3
    Thanks so much for the info! Much appreciated!
    kyfdx said:

    jc890123 said:

    Hi!

    Can I get the residuals and MF numbers for the following scenarios:
    2015 IS 350 F-Sport, Northern California
    24 month: 10k miles
    27 months: 10k miles
    36 months: 10k miles

    Looking to pick it up this weekend.

    Thanks!


    .00090 MF and 73%/71%/65% residual. Complimentary 1st payment
  • joeyalexjoeyalex Member Posts: 13
    I picked up my car today, just wanted to say that this info was dead on. Started at 0.00090 MF, got them down to 0.00070. They covered first payment, even got a $1000 rebate because my wife is graduating from school this semester. Good all around. Thanks again!
  • MichaellMichaell ColoradoModerator Posts: 193,101
    joeyalex said:

    I picked up my car today, just wanted to say that this info was dead on. Started at 0.00090 MF, got them down to 0.00070. They covered first payment, even got a $1000 rebate because my wife is graduating from school this semester. Good all around. Thanks again!

    Excellent - enjoy your new Lexus!

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  • amakhamakh Member Posts: 1
    joeyalex said:

    I picked up my car today, just wanted to say that this info was dead on. Started at 0.00090 MF, got them down to 0.00070. They covered first payment, even got a $1000 rebate because my wife is graduating from school this semester. Good all around. Thanks again!

    Did you use MSDs to get the MF down? If so, how many?

  • kadoone1kadoone1 Member Posts: 3
    I am looking to lease a 2015 IS 350 AWD F sport, with nav and blind spot monitor. The car I want on the lot has a listed MSRP=$49,464

    Question one: what is a good number to get that car out the door at? I see many different numbers on this thread.

    I want to have 12k per year. My credit score is 780 should I would hope to get a low money factor. Im in columbus ohio and the tax rate is 7.25%

    I am willing to put $1k down

    Question 2: Can anyone tell me what the residual of this car is and what the lease payment should be based on a $47k out the door price?

    Any help is appreciated!
    Thanks
  • kyfdxkyfdx Moderator Posts: 197,715
    kadoone1 said:

    I am looking to lease a 2015 IS 350 AWD F sport, with nav and blind spot monitor. The car I want on the lot has a listed MSRP=$49,464

    Question one: what is a good number to get that car out the door at? I see many different numbers on this thread.

    I want to have 12k per year. My credit score is 780 should I would hope to get a low money factor. Im in columbus ohio and the tax rate is 7.25%

    I am willing to put $1k down

    Question 2: Can anyone tell me what the residual of this car is and what the lease payment should be based on a $47k out the door price?

    Any help is appreciated!
    Thanks

    .00090 MF and 64% residual for 36mo, 12K/yr.

    $497/mo.

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  • kadoone1kadoone1 Member Posts: 3
    So dealer quoted me $47544 as sale price out the door. I told him I will put $500 down. The lease is 36 month with 12k per year and .00139 money factor (3.34%). My county tax rate is 7.5% for a total lease payment of $647

    I told him that was crazy and lease calculators show the payment being in the $560-580 per month. I know hes quoting me a high money factor but my credit score is 780 so it should be lower.

    How do I proceed from here?

    Thanks!
  • MichaellMichaell ColoradoModerator Posts: 193,101
    kadoone1 said:

    So dealer quoted me $47544 as sale price out the door. I told him I will put $500 down. The lease is 36 month with 12k per year and .00139 money factor (3.34%). My county tax rate is 7.5% for a total lease payment of $647

    I told him that was crazy and lease calculators show the payment being in the $560-580 per month. I know hes quoting me a high money factor but my credit score is 780 so it should be lower.

    How do I proceed from here?

    Thanks!

    What is the MSRP? MF is .00090 and the 36/12 residual is 64%.

    Politely but firmly explain to them that you won't sign a deal with an inflated MF. Reach out to another Lexus dealer - it only takes one to meet your demands.

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