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2016 Lexus ES 350 Lease Questions.

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    squigs68squigs68 Member Posts: 3
    Trying again next week for a 2016 Es 350 in SoCal.   What is the residual and MF and incentives?   I will update everyone on Monday!
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    squigs68squigs68 Member Posts: 3
    Forgot to write 36 months and 10k.  
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    MichaellMichaell Moderator Posts: 241,336
    squigs68 said:

    Trying again next week for a 2016 Es 350 in SoCal.   What is the residual and MF and incentives?   I will update everyone on Monday!

    squigs68 said:

    Forgot to write 36 months and 10k.  

    60% and .00090. $2300 lease cash.

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    gvgrgvgr Member Posts: 14
    Requesting residual and MF for 2016 ES 350 24 months / 15k in Maryland.
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    odessit2odessit2 Member Posts: 18
    Michaell said:

    squigs68 said:

    Trying again next week for a 2016 Es 350 in SoCal.   What is the residual and MF and incentives?   I will update everyone on Monday!

    squigs68 said:

    Forgot to write 36 months and 10k.  

    60% and .00090. $2300 lease cash.
    Can you please verify the money factor. I'm working with a lease broker in Los Angeles, the residual and the lease cash match your numbers, but she swears that she has numbers from Lexus Financial and the money factor is 0.00110.
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    gvgrgvgr Member Posts: 14
    gvgr said:

    Requesting residual and MF for 2016 ES 350 24 months / 15k in Maryland.

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    MichaellMichaell Moderator Posts: 241,336
    gvgr said:

    Requesting residual and MF for 2016 ES 350 24 months / 15k in Maryland.

    63% and .00090

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    MichaellMichaell Moderator Posts: 241,336
    odessit2 said:

    Michaell said:

    squigs68 said:

    Trying again next week for a 2016 Es 350 in SoCal.   What is the residual and MF and incentives?   I will update everyone on Monday!

    squigs68 said:

    Forgot to write 36 months and 10k.  

    60% and .00090. $2300 lease cash.
    Can you please verify the money factor. I'm working with a lease broker in Los Angeles, the residual and the lease cash match your numbers, but she swears that she has numbers from Lexus Financial and the money factor is 0.00110.
    Lexus numbers are regional, and we don't have the information for the western region, so it's possible the MF there is the .00110 that the broker is quoting.

    However, I'd contact a few dealers directly to confirm.

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    jumbotronjumbotron Member Posts: 5
    Thanks in advance for the info. Looking to lease 2016 Lexus E350 Hybrid in CA and a high mileage lease for 36 months. 15k and maybe even 18k per year. Can you please provide RV and MF for both?
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    jumbotronjumbotron Member Posts: 5
    Also any lease incentives? Thanks.
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    MichaellMichaell Moderator Posts: 241,336
    jumbotron said:

    Thanks in advance for the info. Looking to lease 2016 Lexus E350 Hybrid in CA and a high mileage lease for 36 months. 15k and maybe even 18k per year. Can you please provide RV and MF for both?

    jumbotron said:

    Also any lease incentives? Thanks.

    Lexus offers 15K leases at a max. Extra miles are purchased up front at .20/mile, deducted from the calculated residual.

    36/15 residual is 57%

    I don't have specific money factors for California - the Lexus numbers are regional. I have one region at .00090 and another at .00110

    $2450 lease cash.

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    gvgrgvgr Member Posts: 14
    gvgr said:

    Requesting residual and MF for 2016 ES 350 24 months / 15k in Maryland.

    63% and .00090

    Any Lease incentives?
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    kyfdxkyfdx Moderator Posts: 237,276
    gvgr said:

    gvgr said:

    Requesting residual and MF for 2016 ES 350 24 months / 15k in Maryland.

    63% and .00090

    Any Lease incentives?

    $2300 lease cash

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    mmendoza2mmendoza2 Member Posts: 179
    Good Afternoon. What is the MF and residual rate for a base es350 in south florida for the following terms:

    24/7.5
    24/10
    24/12

    36/7.5
    36/10
    36/12

    42/7.5
    42/10
    42/12

    48/7.5
    48/10
    48/12

    Any lease cash or incentives??

    Thank You
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    MichaellMichaell Moderator Posts: 241,336
    edited May 2016
    mmendoza2 said:
    Good Afternoon. What is the MF and residual rate for a base es350 in south florida for the following terms: 24/7.5 24/10 24/12 36/7.5 36/10 36/12 42/7.5 42/10 42/12 48/7.5 48/10 48/12 Any lease cash or incentives?? Thank You
    .00110 and $2300 lease cash. 

    12k residuals are 65% 59% 55% 50%

    add 1% for 10k and 2% for 7.5k 

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    terabaap123terabaap123 Member Posts: 6
    edited May 2016
    Howdy, looking for MF and Residual on a 2016 ES 350 in Raleigh, NC. 36/12K

    I saw in an previous post, somebody snagged an ES350 for $349/month including tax! How realistic is that?

    Also any Incentives going on? Should I wait till December to Remember, is that the best time? I want to get on a cadence so that when my lease ends, I re-lease during the best time of year for incentives.
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    MichaellMichaell Moderator Posts: 241,336

    Howdy, looking for MF and Residual on a 2016 ES 350 in Raleigh, NC. 36/12K

    I saw in an previous post, somebody snagged an ES350 for $349/month including tax! How realistic is that?

    Also any Incentives going on? Should I wait till December to Remember, is that the best time? I want to get on a cadence so that when my lease ends, I re-lease during the best time of year for incentives.

    59% and .00110. $2300 lease cash.

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    terabaap123terabaap123 Member Posts: 6
    Does this still hold true for Raleigh, NC in May 2016:
    1 MSD reduces the money factor by 0.00008? And maximum is 9 MSDs for Lexus? And the minimum money factor is 0.00001?
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    MichaellMichaell Moderator Posts: 241,336

    Does this still hold true for Raleigh, NC in May 2016:
    1 MSD reduces the money factor by 0.00008? And maximum is 9 MSDs for Lexus? And the minimum money factor is 0.00001?

    1. Yes
    2. Yes
    3. .00005

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    ddons0506ddons0506 Member Posts: 3
    Hello, looking for MF, Residual and Lease Cash on a 2016 ES 350 in Austin, TX. 36mo/10K. TIA
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    MichaellMichaell Moderator Posts: 241,336
    ddons0506 said:

    Hello, looking for MF, Residual and Lease Cash on a 2016 ES 350 in Austin, TX. 36mo/10K. TIA

    .00110 and 60%

    $2300 lease cash.

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    kardon1kardon1 Member Posts: 40
    2016 ES350 and ES300H in MA 36/15 and 24/15 :)
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    MichaellMichaell Moderator Posts: 241,336
    kardon1 said:

    2016 ES350 and ES300H in MA 36/15 and 24/15 :)

    63% / 57% and .00090 for both models

    $2300 lease cash on ES350; $2450 lease cash on ES300h

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    abc_lease1abc_lease1 Member Posts: 12
    Hello, I need to ask a bunch of questions:

    Is there still a lease cash on ES350 in NJ this month?

    How do you negotiate while knowing about the cash lease? For example, I usually negotiate the lowest sales price, apply money factor, residual, tax and arrive at monthly rate. With lease cash, would you negotiate for the lowest price and then ask them to apply lease cash back on top of that?

    Finally, is there any way to avoid paying those dealer fees like doc fee, acquisition fee, etc...? Because the price you negotiate for doesn't include them, and then they tack them on top it when filling out the contract.
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    MichaellMichaell Moderator Posts: 241,336

    Hello, I need to ask a bunch of questions:

    Is there still a lease cash on ES350 in NJ this month?

    How do you negotiate while knowing about the cash lease? For example, I usually negotiate the lowest sales price, apply money factor, residual, tax and arrive at monthly rate. With lease cash, would you negotiate for the lowest price and then ask them to apply lease cash back on top of that?

    Finally, is there any way to avoid paying those dealer fees like doc fee, acquisition fee, etc...? Because the price you negotiate for doesn't include them, and then they tack them on top it when filling out the contract.

    Yes, there is lease cash. Not sure of the exact amount in NJ; I see $2300 or $2500 in other regions.

    Negotiate your best price, then apply the lease cash. Dealer, of course, will assume the lease cash is included in any offer they make.

    Acquisition fee is imposed by the bank and cannot be avoided. Try to negotiate a price that mitigates the dealer fee.

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    abc_lease1abc_lease1 Member Posts: 12
    edited June 2016
    Thanks for the answers. More question. :smile: I just found out there is such thing as lease pull ahead? Do you show if this program exists for ES 350 now? Also, a dealer just told me that there are no programs for 27 months now (as is the case with my current lease), and it would have to be 36 months. Is that true?
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    MichaellMichaell Moderator Posts: 241,336

    Thanks for the answers. More question. :smile: I just found out there is such thing as lease pull ahead? Do you show if this program exists for ES 350 now? Also, a dealer just told me that there are no programs for 27 months now (as is the case with my current lease), and it would have to be 36 months. Is that true?

    We don't have any information on the Lexus pull ahead program.

    Lexus does show 27 month residuals for all its models - the MF is the same as for a 36 month lease. Not sure why your dealer would be reluctant to write up a new lease for you with that term.

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    abc_lease1abc_lease1 Member Posts: 12
    Michaell said:

    Thanks for the answers. More question. :smile: I just found out there is such thing as lease pull ahead? Do you show if this program exists for ES 350 now? Also, a dealer just told me that there are no programs for 27 months now (as is the case with my current lease), and it would have to be 36 months. Is that true?

    We don't have any information on the Lexus pull ahead program.

    Lexus does show 27 month residuals for all its models - the MF is the same as for a 36 month lease. Not sure why your dealer would be reluctant to write up a new lease for you with that term.
    My guess is because he gets a better commission on 36 month leases.
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    abc_lease1abc_lease1 Member Posts: 12
    Could you please provide residual and money factor for 27/10 and 36/10 in NJ?
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    MichaellMichaell Moderator Posts: 241,336

    Could you please provide residual and money factor for 27/10 and 36/10 in NJ?

    65% / 60% and .00105.

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    lexluv111lexluv111 Member Posts: 4
    question i need answered quickly please! buying today!

    lexus ES 350

    southwest region

    MF: tier 1
    MF: tier 2
    residual (36 mos - either 10k or 12k)


    $2300 lease cash (bring up at end after all other negotiations, right?)

    just trying to get the best deal and lowest payment

    thank you!
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    MichaellMichaell Moderator Posts: 241,336
    lexluv111 said:

    question i need answered quickly please! buying today!

    lexus ES 350

    southwest region

    MF: tier 1
    MF: tier 2
    residual (36 mos - either 10k or 12k)


    $2300 lease cash (bring up at end after all other negotiations, right?)

    just trying to get the best deal and lowest payment

    thank you!

    60% or 59% and .00105 for tier 1+, .00115 for tier 1, and .00155 for tier 2

    $2300 or $2500 lease cash - looks to be regional.

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    lexluv111lexluv111 Member Posts: 4
    thank you so much for your help!
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    abc_lease1abc_lease1 Member Posts: 12
    edited June 2016
    lexluv111 said:

    thank you so much for your help!

    If you got a good deal please feel free to share. :-)
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    lexluv111lexluv111 Member Posts: 4
    i didn't
    did not buy yet
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    abc_lease1abc_lease1 Member Posts: 12
    lexluv111 said:

    i didn't
    did not buy yet

    I signed my lease today. ultra luxury package with navi and mark levinson audio - 36 months, 10 K, 1700 due at signing (includes 1st month and fees), 399 a month.
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    MichaellMichaell Moderator Posts: 241,336

    lexluv111 said:

    i didn't
    did not buy yet

    I signed my lease today. ultra luxury package with navi and mark levinson audio - 36 months, 10 K, 1700 due at signing (includes 1st month and fees), 399 a month.
    Congrats!

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    hoosiernickhoosiernick Member Posts: 3
    edited June 2016
    Hi! We're in the market to lease a new Lexus ES 350 or ES 300H. Can we get residual & money factor for the following terms in Indiana for each version?

    36/15K
    36/18K
    24/15K
    24/18K

    Thanks!
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    kyfdxkyfdx Moderator Posts: 237,276

    Hi! We're in the market to lease a new Lexus ES 350 or ES 300H. Can we get residual & money factor for the following terms in Indiana for each version?

    36/15K
    36/18K
    24/15K
    24/18K

    Thanks!

    .00100 MF for the 300H, .00110 for the 350

    63%/57% residual for 24/36 months, 15K/yr for either model.

    For 18K/yr, the residual will be reduced from the 15K/yr number on a per/mile basis. Don't know what that number is, though.

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    MichaellMichaell Moderator Posts: 241,336
    kyfdx said:

    Hi! We're in the market to lease a new Lexus ES 350 or ES 300H. Can we get residual & money factor for the following terms in Indiana for each version?

    36/15K
    36/18K
    24/15K
    24/18K

    Thanks!

    .00100 MF for the 300H, .00110 for the 350

    63%/57% residual for 24/36 months, 15K/yr for either model.

    For 18K/yr, the residual will be reduced from the 15K/yr number on a per/mile basis. Don't know what that number is, though.
    For Lexus, it's .20 per mile.

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    ddons0506ddons0506 Member Posts: 3
    Hello, looking for MF, Residual and Lease Cash on a 2016 ES 350 in Austin, TX. 36mo/10 for this month?. TIA
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    kyfdxkyfdx Moderator Posts: 237,276
    ddons0506 said:

    Hello, looking for MF, Residual and Lease Cash on a 2016 ES 350 in Austin, TX. 36mo/10 for this month?. TIA

    .00110 MF and 60% residual. $2300 lease cash

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    jayellebeejayellebee Member Posts: 5
    Hi,

    I'm in the market to lease a 2016 ES 350 in Atlanta, Georgia. Do you know the money factor, residual value and lease cash for the following terms?

    36 month / 10k miles
    36 month / 12k miles
    36 month / 15k miles
    48 month / 10k miles
    48 month / 12k miles
    48 month / 15k miles

    Also wondering what lease deals others in the area are getting recently. I'm being told $3k down to get a $500 payment with a sales price of about $39k.

    Thanks.
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    jayellebeejayellebee Member Posts: 5
    What does "MSD" mean?
    Michaell said:

    Does this still hold true for Raleigh, NC in May 2016:
    1 MSD reduces the money factor by 0.00008? And maximum is 9 MSDs for Lexus? And the minimum money factor is 0.00001?

    1. Yes
    2. Yes
    3. .00005
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    jayellebeejayellebee Member Posts: 5
    Where did you lease your Lexus?

    lexluv111 said:

    i didn't
    did not buy yet

    I signed my lease today. ultra luxury package with navi and mark levinson audio - 36 months, 10 K, 1700 due at signing (includes 1st month and fees), 399 a month.
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    MichaellMichaell Moderator Posts: 241,336

    Hi,

    I'm in the market to lease a 2016 ES 350 in Atlanta, Georgia. Do you know the money factor, residual value and lease cash for the following terms?

    36 month / 10k miles
    36 month / 12k miles
    36 month / 15k miles
    48 month / 10k miles
    48 month / 12k miles
    48 month / 15k miles

    Also wondering what lease deals others in the area are getting recently. I'm being told $3k down to get a $500 payment with a sales price of about $39k.

    Thanks.

    36/15 - 57%
    48/15 - 48%

    Add 2% for 12K and 3% for 10K

    .00110 MF and $2300 lease cash.

    MSD stands for Multiple Security Deposit - it allows you to 'buy down' the MF rate.

    Be advised that in GA you owe sales tax on the entire selling price of the vehicle. If you do not pay this amount up front, it will significantly increase your lease payment.

    If you can get the MSRP and adjusted capitalized cost for the car in question, we can run the numbers for you.

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    jayellebeejayellebee Member Posts: 5
    Thank you for your help Michael. I'm working on getting the adjusted capitalized cost to provide you. In the meantime, I have a few more questions. What is the residual for a 39 month lease with 10k, 12k and 15k miles? Also, other than the ad valorem tax of 7% in Georgia, what other fees should I expect to see as part of the lease? Acquisition fee, etc.?

    Thanks again.
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    MichaellMichaell Moderator Posts: 241,336

    Thank you for your help Michael. I'm working on getting the adjusted capitalized cost to provide you. In the meantime, I have a few more questions. What is the residual for a 39 month lease with 10k, 12k and 15k miles? Also, other than the ad valorem tax of 7% in Georgia, what other fees should I expect to see as part of the lease? Acquisition fee, etc.?

    Thanks again.

    39/15 residual is 55%; same adjustments for 12K and 10K.

    There is an acquisition fee of $700, a likely dealer fee of some unknown amount, and the DMV or registration costs.

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    joshuadayjoshuaday Member Posts: 1
    Hello, looking for ES 350 MF and residual in Charlotte, NC for 36/ 10K, 12K, and 15K. Looking to lease tomorrow! Thanks in advance.
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    MichaellMichaell Moderator Posts: 241,336
    joshuaday said:

    Hello, looking for ES 350 MF and residual in Charlotte, NC for 36/ 10K, 12K, and 15K. Looking to lease tomorrow! Thanks in advance.

    60% / 59% / 57% and .00110.

    $2300 lease cash.

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