Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!

2016 Lexus IS Lease Questions

kyfdxkyfdx Moderator Posts: 235,182
edited November 2015 in Lexus
Ask your IS lease questions here!

Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!

Edmunds Moderator

«13456712

Comments

  • sneakyricosneakyrico Member Posts: 5
    What is the money factor on the 2016 IS300 on a 36m/12k lease for November? Thanks ahead of time!
  • kyfdxkyfdx Moderator Posts: 235,182

    What is the money factor on the 2016 IS300 on a 36m/12k lease for November? Thanks ahead of time!

    .00100 MF and 66% residual. Complimentary 1st payment

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • sneakyricosneakyrico Member Posts: 5
    Thank you!

    So the dealer I'm working with is offering the following, any thoughts good or bad?

    2016 Lexus IS300
    36m/12k

    MSRP - 43724
    Sales Price (Cap Cost) - 41,367
    Money Factor - .0007
    Down Payment - 2600
    Residual - 28847
    Sales tax 7.25
    Payments with tax - $411

    When I ran those through the Leaseguide.com calculator it came up with like $356.52. Could I have messed up the lease calculation that bad? (I ask that fully understanding that I could have :smile: )
  • MichaellMichaell Moderator Posts: 240,056

    Thank you!

    So the dealer I'm working with is offering the following, any thoughts good or bad?

    2016 Lexus IS300
    36m/12k

    MSRP - 43724
    Sales Price (Cap Cost) - 41,367
    Money Factor - .0007
    Down Payment - 2600
    Residual - 28847
    Sales tax 7.25
    Payments with tax - $411

    When I ran those through the Leaseguide.com calculator it came up with like $356.52. Could I have messed up the lease calculation that bad? (I ask that fully understanding that I could have :smile: )

    Can't help you with the lease calculator - often, they make assumptions we know nothing about.

    Using your numbers, I get $425.39/mo.

    How is the $2600 down being applied (taxes, fees, down payment)?

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • sneakyricosneakyrico Member Posts: 5
    Thanks Michaell - down payment is going about 1500 bucks towards taxes/fees, the rest down payment. However, it kind of looks like they may have used a portion of that for MSDs b/c the money factor is lower than published.
  • MichaellMichaell Moderator Posts: 240,056

    Thanks Michaell - down payment is going about 1500 bucks towards taxes/fees, the rest down payment. However, it kind of looks like they may have used a portion of that for MSDs b/c the money factor is lower than published.

    That is possible, but I've never heard of a dealer 'automatically' setting up MSDs without the customers explicit desire to do so.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • dibby11dibby11 Member Posts: 36
    What are the numbers for the IS300 AWD F Sport?
  • kyfdxkyfdx Moderator Posts: 235,182
    dibby11 said:

    What are the numbers for the IS300 AWD F Sport?

    .00100 MF and 64% residual for 36mo, 15K/yr. Complimentary 1st payment.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • matt5555matt5555 Member Posts: 5
    What are the numbers for a 2016 IS350 27months/15k miles? How do they compare to the the 300 and 200t?

    Is there a "sweet spot" so to speak when trying to decide months and mileage?

    Thank you for your help
  • MichaellMichaell Moderator Posts: 240,056
    matt5555 said:

    What are the numbers for a 2016 IS350 27months/15k miles? How do they compare to the the 300 and 200t?

    Is there a "sweet spot" so to speak when trying to decide months and mileage?

    Thank you for your help

    69%for 27/15 on the 350; 70% for the 200 and 300.

    .00100 MF for all three models. First payment complimentary.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • matt5555matt5555 Member Posts: 5
    Michaell said:

    matt5555 said:

    What are the numbers for a 2016 IS350 27months/15k miles? How do they compare to the the 300 and 200t?

    Is there a "sweet spot" so to speak when trying to decide months and mileage?

    Thank you for your help

    69%for 27/15 on the 350; 70% for the 200 and 300.

    .00100 MF for all three models. First payment complimentary.
    how much do the numbers change for a 3yr/15k and 3yr/12k?

    Thanks again

  • MichaellMichaell Moderator Posts: 240,056
    matt5555 said:

    Michaell said:

    matt5555 said:

    What are the numbers for a 2016 IS350 27months/15k miles? How do they compare to the the 300 and 200t?

    Is there a "sweet spot" so to speak when trying to decide months and mileage?

    Thank you for your help

    69%for 27/15 on the 350; 70% for the 200 and 300.

    .00100 MF for all three models. First payment complimentary.
    how much do the numbers change for a 3yr/15k and 3yr/12k?

    Thanks again

    Same MF.

    36/15 - 64% for 200t and 300; 63% for 350.

    Add 2% for 12K miles.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • sneakyricosneakyrico Member Posts: 5
    edited November 2015
    How different is the money factor/residual on 39 months/12K on the IS 300? Thank you! Dealer told me it was .00180.
  • kyfdxkyfdx Moderator Posts: 235,182

    How different is the money factor/residual on 39 months/12K on the IS 300? Thank you! Dealer told me it was .00180.

    Same numbers for the IS300 as the 200t

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • dmanf51dmanf51 Member Posts: 22
    edited November 2015
    Hey Michaell & kyfdx, what are the current numbers for 200t @ 36mo. 10k? I'm being quoted $425 a month with just taxes and tags down.

    Thanks
  • kyfdxkyfdx Moderator Posts: 235,182
    dmanf51 said:

    Hey Michaell & kyfdx, what are the current numbers for 200t @ 36mo. 10k? I'm being quoted $425 a month with just taxes and tags down.

    Thanks

    .00100 MF and 67% residual. Complimentary 1st payment

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • dmanf51dmanf51 Member Posts: 22
    kyfdx said:

    dmanf51 said:

    Hey Michaell & kyfdx, what are the current numbers for 200t @ 36mo. 10k? I'm being quoted $425 a month with just taxes and tags down.

    Thanks

    .00100 MF and 67% residual. Complimentary 1st payment
    Thanks again, w/$1600 down does that sound about right?
  • kyfdxkyfdx Moderator Posts: 235,182
    dmanf51 said:

    kyfdx said:

    dmanf51 said:

    Hey Michaell & kyfdx, what are the current numbers for 200t @ 36mo. 10k? I'm being quoted $425 a month with just taxes and tags down.

    Thanks

    .00100 MF and 67% residual. Complimentary 1st payment
    Thanks again, w/$1600 down does that sound about right?
    dmanf51 said:

    kyfdx said:

    dmanf51 said:

    Hey Michaell & kyfdx, what are the current numbers for 200t @ 36mo. 10k? I'm being quoted $425 a month with just taxes and tags down.

    Thanks

    .00100 MF and 67% residual. Complimentary 1st payment
    Thanks again, w/$1600 down does that sound about right?
    No idea... would need MSRP and selling price to calculate a payment.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • aseijasaseijas Member Posts: 3
    What's the current MF and residual for 2016 IS 300 F Sport 36/12,000 - they are running their December to Remember event. Not sure if its best time to lease. Thanks,
  • MichaellMichaell Moderator Posts: 240,056
    aseijas said:

    What's the current MF and residual for 2016 IS 300 F Sport 36/12,000 - they are running their December to Remember event. Not sure if its best time to lease. Thanks,

    .00100 and 66%. Complimentary first payment.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • aseijasaseijas Member Posts: 3
    Thanks for the quick response! So if my calculations are right...I should have a lease payment around 460... What are you thoughts?

    Type of Car Lexus IS 300 F Sport
    MSRP 47,298.00
    Dealer Invoice 43,669.00
    Residual % 66%
    Residual Value 31,216.68 = (66% * 47,298)
    Mileage 12,000
    Cap Cost Reduction - Discounted Car price 43,980.00
    Depreciation Value 12,763.32 = (47,298 - 31,216.68)
    Term (months) 36
    Depreciation FEE 354.54 = (12,763.32/36)
    Money Factor 0.001
    Finance FEE 75.20 = ((43,980+31216,68)*.001)
    Lease Cost without tax 429.73 = (354.54+75.20)
    NJ Taxes 30.08 (429.73 * 7% )
    Monthly Lease Cost 459.81 = (429.73+30.08)

    DMV Fees ?
    Other fees ?
    Termination Fee at lease end ?
  • kyfdxkyfdx Moderator Posts: 235,182
    aseijas said:

    Thanks for the quick response! So if my calculations are right...I should have a lease payment around 460... What are you thoughts?

    Type of Car Lexus IS 300 F Sport
    MSRP 47,298.00
    Dealer Invoice 43,669.00
    Residual % 66%
    Residual Value 31,216.68 = (66% * 47,298)
    Mileage 12,000
    Cap Cost Reduction - Discounted Car price 43,980.00
    Depreciation Value 12,763.32 = (47,298 - 31,216.68)
    Term (months) 36
    Depreciation FEE 354.54 = (12,763.32/36)
    Money Factor 0.001
    Finance FEE 75.20 = ((43,980+31216,68)*.001)
    Lease Cost without tax 429.73 = (354.54+75.20)
    NJ Taxes 30.08 (429.73 * 7% )
    Monthly Lease Cost 459.81 = (429.73+30.08)

    DMV Fees ?
    Other fees ?
    Termination Fee at lease end ?

    Figure $400 for NJ DMV fees
    $700 LFS acquisition fee
    Dealer doc fee ($150-$400?)

    Also, NJ calculates the tax on the sum of payments and other taxable amounts paid upfront, then it's due at signing, either paid upfront or added to the CAP cost.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • ry12ry12 Member Posts: 6
    Hello,

    Any info on December lease incentives for the IS200t - 36/12k miles in SoCal? Thanks in advance!
  • dmanf51dmanf51 Member Posts: 22
    Did the numbers change for Dec. on a 36 mo. 10k IS200t?? Is it still .00100 and 67%?

    Thanks!
  • kyfdxkyfdx Moderator Posts: 235,182
    ry12 said:

    Hello,

    Any info on December lease incentives for the IS200t - 36/12k miles in SoCal? Thanks in advance!

    .00100 MF and 66% residual. Complimentary 1st payment.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Moderator Posts: 235,182
    dmanf51 said:

    Did the numbers change for Dec. on a 36 mo. 10k IS200t?? Is it still .00100 and 67%?

    Thanks!

    No change

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • ry12ry12 Member Posts: 6
    thank you!
  • dibby11dibby11 Member Posts: 36
    Are the IS300 and IS300 F Sports numbers the same in December?
  • MichaellMichaell Moderator Posts: 240,056
    dibby11 said:

    Are the IS300 and IS300 F Sports numbers the same in December?

    Yes.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • murphdizzle83murphdizzle83 Member Posts: 9
    I'm looking for the MF (top tier) and residual for an IS 300 AWD F Sport for both 36/12K and 36/15K in Colorado. Thanks in advance!

  • kyfdxkyfdx Moderator Posts: 235,182

    I'm looking for the MF (top tier) and residual for an IS 300 AWD F Sport for both 36/12K and 36/15K in Colorado. Thanks in advance!

    .00100 MF and 66%/64% residual. Complimentary 1st payment

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • anthonyc54anthonyc54 Member Posts: 4
    Dealer gave us a hard time with the numbers as far as MF and residuals. Sales manager actually told me Lexus isn't doing 27mo leases right now and he's "doing me a favor". Not only that he also said 36mo leases have higher residuals than 27mo. Mind boggling isn't it. I laughed.
    It was a long day but here's what I ended up with
    2016 IS300 F sport. Msrp 47298
    27 months, 12k miles. 450 per month
    0 out of pocket, not even taxes or tags. Sign and drive, 450/mo

    I don't think I did bad considering the dealer shenanigans and I don't even know what my MF is.

    Hope this helps someone
  • kyfdxkyfdx Moderator Posts: 235,182

    Dealer gave us a hard time with the numbers as far as MF and residuals. Sales manager actually told me Lexus isn't doing 27mo leases right now and he's "doing me a favor". Not only that he also said 36mo leases have higher residuals than 27mo. Mind boggling isn't it. I laughed.
    It was a long day but here's what I ended up with
    2016 IS300 F sport. Msrp 47298
    27 months, 12k miles. 450 per month
    0 out of pocket, not even taxes or tags. Sign and drive, 450/mo

    I don't think I did bad considering the dealer shenanigans and I don't even know what my MF is.

    Hope this helps someone

    That looks very reasonable. Good job!

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • liftem95liftem95 Member Posts: 16
    I didn't see an2016 IS200T lease discussion so I will post here I guess. Anyone know what current MF and residuals are for 36/10? Also is there any hidden cash and rebates available? Thanks
  • MichaellMichaell Moderator Posts: 240,056
    liftem95 said:

    I didn't see an2016 IS200T lease discussion so I will post here I guess. Anyone know what current MF and residuals are for 36/10? Also is there any hidden cash and rebates available? Thanks

    All IS trims are grouped into this discussion .. easier that to have separate discussions for 200t, 300 and 350.

    36/10 numbers are 67% and .00100. First payment complimentary.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • erik2810erik2810 Member Posts: 3
    MF and residual for a 2016 IS 350 F Sport, 36/12k miles?
  • kyfdxkyfdx Moderator Posts: 235,182
    erik2810 said:

    MF and residual for a 2016 IS 350 F Sport, 36/12k miles?

    .00100 MF and 65% residual. Complimentary 1st payment.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • erik2810erik2810 Member Posts: 3
    I have the following deal in front of me for a 2016 IS300 F Sport:

    MSRP: $46,374
    Sale Price: $43,200
    Trade Value (Appraisal): $17,000
    Trade Balance (What I owe): $19,400

    Residual: $30,606.84
    MF: .00009
    36 month/12k lease
    Monthly Payment: $$546.82/month
    Down Payment: $0
    Security Deposit: $0

    Thoughts? How good of a deal is this? I'm trying to get to $500/month without putting money down.

    Thanks!
  • kyfdxkyfdx Moderator Posts: 235,182
    erik2810 said:

    I have the following deal in front of me for a 2016 IS300 F Sport:

    MSRP: $46,374
    Sale Price: $43,200
    Trade Value (Appraisal): $17,000
    Trade Balance (What I owe): $19,400

    Residual: $30,606.84
    MF: .00009
    36 month/12k lease
    Monthly Payment: $$546.82/month
    Down Payment: $0
    Security Deposit: $0

    Thoughts? How good of a deal is this? I'm trying to get to $500/month without putting money down.

    Thanks!

    .00100 MF and 66% residual. Complimentary 1st payment.

    The MF they quoted you looks way off. With one less zero, it would be close.

    With the negative equity and $700 acquisition fee rolled in, I get $513/mo.+tax.

    The negative equity is adding $70/mo. to the payment. Seems unlikely you'll get to $500/mo.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • erik2810erik2810 Member Posts: 3
    kyfdx said:

    erik2810 said:

    I have the following deal in front of me for a 2016 IS300 F Sport:

    MSRP: $46,374
    Sale Price: $43,200
    Trade Value (Appraisal): $17,000
    Trade Balance (What I owe): $19,400

    Residual: $30,606.84
    MF: .00009
    36 month/12k lease
    Monthly Payment: $$546.82/month
    Down Payment: $0
    Security Deposit: $0

    Thoughts? How good of a deal is this? I'm trying to get to $500/month without putting money down.

    Thanks!

    .00100 MF and 66% residual. Complimentary 1st payment.

    The MF they quoted you looks way off. With one less zero, it would be close.

    With the negative equity and $700 acquisition fee rolled in, I get $513/mo.+tax.

    The negative equity is adding $70/mo. to the payment. Seems unlikely you'll get to $500/mo.
    You are correct, the MF I was quoted is .0009, I had too many zeroes! How's the deal overall, all things considered?
  • kyfdxkyfdx Moderator Posts: 235,182
    erik2810 said:

    kyfdx said:

    erik2810 said:

    I have the following deal in front of me for a 2016 IS300 F Sport:

    MSRP: $46,374
    Sale Price: $43,200
    Trade Value (Appraisal): $17,000
    Trade Balance (What I owe): $19,400

    Residual: $30,606.84
    MF: .00009
    36 month/12k lease
    Monthly Payment: $$546.82/month
    Down Payment: $0
    Security Deposit: $0

    Thoughts? How good of a deal is this? I'm trying to get to $500/month without putting money down.

    Thanks!

    .00100 MF and 66% residual. Complimentary 1st payment.

    The MF they quoted you looks way off. With one less zero, it would be close.

    With the negative equity and $700 acquisition fee rolled in, I get $513/mo.+tax.

    The negative equity is adding $70/mo. to the payment. Seems unlikely you'll get to $500/mo.
    You are correct, the MF I was quoted is .0009, I had too many zeroes! How's the deal overall, all things considered?
    I have no idea if your trade-in is fairly valued, but the other parameters look good.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • dinkydetailsdinkydetails Member Posts: 13
    I'm looking at a IS200T Base and the following is what I was quoted.. With the MF and Residual #s I see on the forum here, I feel like I should be able to get an even better deal:

    MSRP 38,949
    Discount 3,100
    Accessories 405
    Mileage Allowance 7500

    36 mo - $413 0 Down, $398 $500 Down, or $384 $1000 Down
    36 mo - $408 0 Down, $394 $500 Down, or $381 $1000 Down
    36 mo - $399 0 Down, $386 $500 Down, or $374 $1000 Down

    On a lease calc I am seeing something like this UNLESS I am doing something wrong:

    Capitalized Cost: $37000.00 39000.00 MSRP minus discount
    Lease Price: $37000.00 minus $ 0.00 down payment
    Residual Value: $26130.00 after 42 months
    Depreciation Fee: $258.81 part of lease payment
    Lease Fee: $0.03 part of lease payment
    Monthly Payment: $258.84 without tax
    Usage Tax: $17.47 6.75 % of 10870.00
    Total Mo Payment: $276.31 What you pay
  • MichaellMichaell Moderator Posts: 240,056

    I'm looking at a IS200T Base and the following is what I was quoted.. With the MF and Residual #s I see on the forum here, I feel like I should be able to get an even better deal:

    MSRP 38,949
    Discount 3,100
    Accessories 405
    Mileage Allowance 7500

    36 mo - $413 0 Down, $398 $500 Down, or $384 $1000 Down
    36 mo - $408 0 Down, $394 $500 Down, or $381 $1000 Down
    36 mo - $399 0 Down, $386 $500 Down, or $374 $1000 Down

    On a lease calc I am seeing something like this UNLESS I am doing something wrong:

    Capitalized Cost: $37000.00 39000.00 MSRP minus discount
    Lease Price: $37000.00 minus $ 0.00 down payment
    Residual Value: $26130.00 after 42 months
    Depreciation Fee: $258.81 part of lease payment
    Lease Fee: $0.03 part of lease payment
    Monthly Payment: $258.84 without tax
    Usage Tax: $17.47 6.75 % of 10870.00
    Total Mo Payment: $276.31 What you pay

    You must be doing something wrong.

    Using your MSRP and cap cost, along with the .00100 MF and 68% residual for 36/7.5, I get $379.56/mo including tax. and $0 down.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • dinkydetailsdinkydetails Member Posts: 13
    OK.. so I ran my numbers again and I did mistake a little..

    I went back and did some factoring and here is what I offered.

    Base Price $38,949
    Accessories $405
    Total Cost $39,354
    Discount $3,100 + $754 --$3,854
    Purchase Price $35,500

    @ 64% ($25,186.56) Residual
    Reducing the Money Factor from .00135 by putting multiple security deposits down (6X (each .0008 off the MF) Reducing to .00087MF if I did the math right...
    42 Month - 7,500 Miles/yr
    Tax is 6.75%

    $305/month – 42 payments

    I feel I did the math right here... The response I got was...

    "Dont try to do it yourself... I already reduced the purchase to 33,949 to get you to the 349 payment which is the best I can do.. if you do MSDs it will take you to 319..." Am I missing something? Is there some special algorithim that dealers use that normal people can't figure a lease out?

    Dan
  • MichaellMichaell Moderator Posts: 240,056

    OK.. so I ran my numbers again and I did mistake a little..

    I went back and did some factoring and here is what I offered.

    Base Price $38,949
    Accessories $405
    Total Cost $39,354
    Discount $3,100 + $754 --$3,854
    Purchase Price $35,500

    @ 64% ($25,186.56) Residual
    Reducing the Money Factor from .00135 by putting multiple security deposits down (6X (each .0008 off the MF) Reducing to .00087MF if I did the math right...
    42 Month - 7,500 Miles/yr
    Tax is 6.75%

    $305/month – 42 payments

    I feel I did the math right here... The response I got was...

    "Dont try to do it yourself... I already reduced the purchase to 33,949 to get you to the 349 payment which is the best I can do.. if you do MSDs it will take you to 319..." Am I missing something? Is there some special algorithim that dealers use that normal people can't figure a lease out?

    Dan

    Of course the dealer doesn't want you to do your own calculations - they can't hide anything that way!

    Calculating a lease involves nothing more than 4th grade math. However ... I'm getting a slightly different number than you, given your figures. I get $318.49/mo with tax for 42 months assuming an MSRP of $39,354 and a net cap cost of $35,500. Not quite the $305/mo you get but about the same as the quote from the dealer with MSD.

    Ask them what net cap cost they are using for their calculations. Do not let them not answer that question. If necessary, start working with another Lexus dealer.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • dinkydetailsdinkydetails Member Posts: 13
    I think they got tired of me emailing! Gross Cap Cost looks like 35,772

    Here is what I got..

    An image of the entire breakdown inside their tool:
    https://drive.google.com/file/d/0B-DvGWzTcnZoNXdpZmhiV0tZLTA/view?usp=sharing


    Is this is a great deal?
  • MichaellMichaell Moderator Posts: 240,056

    I think they got tired of me emailing! Gross Cap Cost looks like 35,772

    Here is what I got..

    An image of the entire breakdown inside their tool:
    https://drive.google.com/file/d/0B-DvGWzTcnZoNXdpZmhiV0tZLTA/view?usp=sharing


    Is this is a great deal?

    I get the same numbers .. looks like a great deal.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • newjeep2015newjeep2015 Member Posts: 168
    Does anyone have the most recent numbers for an IS200T, 15K miles per year, 36 months in California? Also, does Lexus offer 20K mile leases?
  • MichaellMichaell Moderator Posts: 240,056

    Does anyone have the most recent numbers for an IS200T, 15K miles per year, 36 months in California? Also, does Lexus offer 20K mile leases?

    .00100 and 64% for 36/15. Complimentary first payment.

    Extra miles above 15K are purchased up front at .10-.25 mile, deducted from the calculated residual.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • newjeep2015newjeep2015 Member Posts: 168
    Michaell said:

    Does anyone have the most recent numbers for an IS200T, 15K miles per year, 36 months in California? Also, does Lexus offer 20K mile leases?

    .00100 and 64% for 36/15. Complimentary first payment.

    Extra miles above 15K are purchased up front at .10-.25 mile, deducted from the calculated residual.
    Thanks again. Do you have the same for the F Sport?
Sign In or Register to comment.