2016 Lexus GS Lease Questions

nick_charles · September 2016

Michaell,

Thank you for the information.

elidabulldog · September 2016

kyfdx said:

elidabulldog said:
I'm looking for some advice on my first lease deal. I am looking at a 2016 Lexus GS 350 F Sport. I am looking at trading in my 2009 BMW 750li, with 82k miles. The dealer has offered me a 1 payment lease deal, I would need just add 3k into the deal to eliminate all payments for the 2 year lease. I asked for the 2 year lease as I get bored with my cars quickly and flip them very quickly. So with this lease I can get out as early as 18 months, if I wanted to.
Here are the details of the offer:
Market Value = 58,855.00
Accessories = 199
Dealer discount = -4385
Rebate = -4000
Net Price = 50,699.00
Trade In = 17,000.00
Trade Difference = 33,699.00
Taxes/Fess = 2391.77
Total = 36,090.77
24 Month one-time payment = 3823.46
Residual Value = 35,919.85

I dont have the money factor yet, I have asked for it. If someone can please review this and advise me if this is a good deal or not? I am located in Phoenix AZ.

Thanks,
Eli
$867/mo. for a $59K car seems like a lot, especially if you are paying it all upfront.

They are selling me the car for $50,699 (Net price) which is below invoice.

Michaell · September 2016

elidabulldog said:

kyfdx said:

elidabulldog said:
I'm looking for some advice on my first lease deal. I am looking at a 2016 Lexus GS 350 F Sport. I am looking at trading in my 2009 BMW 750li, with 82k miles. The dealer has offered me a 1 payment lease deal, I would need just add 3k into the deal to eliminate all payments for the 2 year lease. I asked for the 2 year lease as I get bored with my cars quickly and flip them very quickly. So with this lease I can get out as early as 18 months, if I wanted to.
Here are the details of the offer:
Market Value = 58,855.00
Accessories = 199
Dealer discount = -4385
Rebate = -4000
Net Price = 50,699.00
Trade In = 17,000.00
Trade Difference = 33,699.00
Taxes/Fess = 2391.77
Total = 36,090.77
24 Month one-time payment = 3823.46
Residual Value = 35,919.85

I dont have the money factor yet, I have asked for it. If someone can please review this and advise me if this is a good deal or not? I am located in Phoenix AZ.

Thanks,
Eli
$867/mo. for a $59K car seems like a lot, especially if you are paying it all upfront.
They are selling me the car for $50,699 (Net price) which is below invoice.

We tend to evaluate lease deal strength based on the payment relative to the MSRP. If you read back through the last page or two of this discussion, you can see what others are paying.

elidabulldog · September 2016

Michaell said:

elidabulldog said:

kyfdx said:

elidabulldog said:
I'm looking for some advice on my first lease deal. I am looking at a 2016 Lexus GS 350 F Sport. I am looking at trading in my 2009 BMW 750li, with 82k miles. The dealer has offered me a 1 payment lease deal, I would need just add 3k into the deal to eliminate all payments for the 2 year lease. I asked for the 2 year lease as I get bored with my cars quickly and flip them very quickly. So with this lease I can get out as early as 18 months, if I wanted to.
Here are the details of the offer:
Market Value = 58,855.00
Accessories = 199
Dealer discount = -4385
Rebate = -4000
Net Price = 50,699.00
Trade In = 17,000.00
Trade Difference = 33,699.00
Taxes/Fess = 2391.77
Total = 36,090.77
24 Month one-time payment = 3823.46
Residual Value = 35,919.85

I dont have the money factor yet, I have asked for it. If someone can please review this and advise me if this is a good deal or not? I am located in Phoenix AZ.

Thanks,
Eli
$867/mo. for a $59K car seems like a lot, especially if you are paying it all upfront.
They are selling me the car for $50,699 (Net price) which is below invoice.

We tend to evaluate lease deal strength based on the payment relative to the MSRP. If you read back through the last page or two of this discussion, you can see what others are paying.

Since my lease term is only 24 months, does that payment not seem correct?

Michaell · September 2016

elidabulldog said:

Michaell said:

elidabulldog said:

kyfdx said:

elidabulldog said:
I'm looking for some advice on my first lease deal. I am looking at a 2016 Lexus GS 350 F Sport. I am looking at trading in my 2009 BMW 750li, with 82k miles. The dealer has offered me a 1 payment lease deal, I would need just add 3k into the deal to eliminate all payments for the 2 year lease. I asked for the 2 year lease as I get bored with my cars quickly and flip them very quickly. So with this lease I can get out as early as 18 months, if I wanted to.
Here are the details of the offer:
Market Value = 58,855.00
Accessories = 199
Dealer discount = -4385
Rebate = -4000
Net Price = 50,699.00
Trade In = 17,000.00
Trade Difference = 33,699.00
Taxes/Fess = 2391.77
Total = 36,090.77
24 Month one-time payment = 3823.46
Residual Value = 35,919.85

I dont have the money factor yet, I have asked for it. If someone can please review this and advise me if this is a good deal or not? I am located in Phoenix AZ.

Thanks,
Eli
$867/mo. for a $59K car seems like a lot, especially if you are paying it all upfront.
They are selling me the car for $50,699 (Net price) which is below invoice.

We tend to evaluate lease deal strength based on the payment relative to the MSRP. If you read back through the last page or two of this discussion, you can see what others are paying.
Since my lease term is only 24 months, does that payment not seem correct?

Still pretty high, even with the short lease term.

Let's run the numbers:

MSRP - $58,855
Cap cost (with taxes and fees, but without trade in) - $53,091
MF - .00110
24/15 residual - 59%

Those numbers give me a payment of $862/mo, before tax and trade in.

What's hurting here is the really low 24 month residual - 36/15 residual is only 6% lower, but 12 more months to spread out the payments. I get $701/mo for 36 months, all else being equal.

My questions are as follows:

What happened to the trade equity? Every $1000 of equity will reduce your payment by $42/mo for a 24 month lease, and about $28/mo for a 36 month lease.

Generally, we recommend against using equity as cap reduction - that money is lost if the car is stolen or totaled, and it masks the true cost of the lease. Better to have the dealer cut you a check for the equity, or use some of it as MSD to buy down the MF.

elidabulldog · September 2016

Thanks for the information. I have already emailed the dealer about buying my car and cutting me a check. Then using that to make payments on the lease. Based on what you said, I will ask him for the 36 month lease numbers too.

elidabulldog · September 2016

Ok I got the complete breakdown on the 36 month lease deal, with my trade removed.

Lease Deal
Market Value 58,885.00
Discount Savings -4,385.00
Vehicle Selling Price 54,500.00
Accessories 199.00
Document Prep Fee 489.00
License / Title 872.50
Acquisition Fee 700.00
Tax on Collected Items 560.22
Total Cap 57,320.72
Down/Cash Cap Reduction -2,835.84
Rebate Savings -4,000.00
Net Cap 50,484.88

Base Payment 544.75
Monthly Tax 43.31
36 Month Payment 588.06

Down/Cash Cap Reduction 2,835.84
1st Payment 588.06
Due On Delivery 3,423.90

Rate 0.00070
Annual Miles 12,000
Residual % [58,885] 54+2=56%
Residual Amount 32,975.60

Tax: AZ 7.95% TAX 7.95 %

Please let me know.
Thanks!

Michaell · September 2016

elidabulldog said:
Ok I got the complete breakdown on the 36 month lease deal, with my trade removed.

Lease Deal
Market Value 58,885.00
Discount Savings -4,385.00
Vehicle Selling Price 54,500.00
Accessories 199.00
Document Prep Fee 489.00
License / Title 872.50
Acquisition Fee 700.00
Tax on Collected Items 560.22
Total Cap 57,320.72
Down/Cash Cap Reduction -2,835.84
Rebate Savings -4,000.00
Net Cap 50,484.88

Base Payment 544.75
Monthly Tax 43.31
36 Month Payment 588.06

Down/Cash Cap Reduction 2,835.84
1st Payment 588.06
Due On Delivery 3,423.90

Rate 0.00070
Annual Miles 12,000
Residual % [58,885] 54+2=56%
Residual Amount 32,975.60

Tax: AZ 7.95% TAX 7.95 %

Please let me know.
Thanks!

My calculations are only a nickel off on the payment .. why the large cap reduction? That money would be lost if the car is stolen or totaled.

You might consider using it for MSD and buy down the MF ...

elidabulldog · September 2016

That is how the guy wrote the deal up and put the rebate as cap reduction. What does MSD mean?
Also overall is this a good/fair deal or you think better is available?

Michaell · September 2016

elidabulldog said:
That is how the guy wrote the deal up and put the rebate as cap reduction. What does MSD mean?
Also overall is this a good/fair deal or you think better is available?

MSD is multiple security deposit. Each deposit, which is the monthly payment rounded up to the next highest $50, reduces the MF by .00008. Lexus allows a max of 9 MSDs.

We don't track selling prices, so can't help you with the strength of your pricing. You might want to get multiple dealers involved; that will help ensure you get the best pricing.

elidabulldog · September 2016

Yeah I am waiting for the offer from another Lexus dealer.
His selling price is below the TrueCar values listed below for my area. So that seems to be ok.
Great PriceLess than $50,270
Good PriceLess than $51,460
Above Market$51,460 or more

Michaell · September 2016

elidabulldog said:
Yeah I am waiting for the offer from another Lexus dealer.
His selling price is below the TrueCar values listed below for my area. So that seems to be ok.
Great PriceLess than $50,270
Good PriceLess than $51,460
Above Market$51,460 or more

Be advised that those web prices may be for purchase only, and includes incentives that won't work for a lease.

elidabulldog · September 2016

Here is the 27 month lease deal.

Lease Deal
Market Value 58,885.00
Discount Savings -4,385.00
Vehicle Selling Price 54,500.00
Accessories 199.00
Document Prep Fee 489.00
License / Title 872.50
Acquisition Fee 700.00
Tax on Collected Items 553.40
Total Cap 57,313.90
Down/Cash Cap Reduction -2,750.03
Rebate Savings -4,000.00
Net Cap 50,563.87

Base Payment 624.24
Monthly Tax 49.63
27 Month Payment 673.87

Down/Cash Cap Reduction 2,750.03
1st Payment 673.87
Due On Delivery 3,423.90

Rate 0.00070
Annual Miles 12,000
Residual % [58,885] 58+2=60%
Residual Amount 35,331.00

Tax: AZ 7.95% TAX 7.95 %

Michaell · September 2016

elidabulldog said:
Here is the 27 month lease deal.

Lease Deal
Market Value 58,885.00
Discount Savings -4,385.00
Vehicle Selling Price 54,500.00
Accessories 199.00
Document Prep Fee 489.00
License / Title 872.50
Acquisition Fee 700.00
Tax on Collected Items 553.40
Total Cap 57,313.90
Down/Cash Cap Reduction -2,750.03
Rebate Savings -4,000.00
Net Cap 50,563.87

Base Payment 624.24
Monthly Tax 49.63
27 Month Payment 673.87

Down/Cash Cap Reduction 2,750.03
1st Payment 673.87
Due On Delivery 3,423.90

Rate 0.00070
Annual Miles 12,000
Residual % [58,885] 58+2=60%
Residual Amount 35,331.00

Tax: AZ 7.95% TAX 7.95 %

My numbers are within a dime of those calculations. You signing this deal?

elidabulldog · September 2016

I have not committed to anything yet. I'm a bit confused as to what would be the best option for me.
I really like the 1-payment lease option, that way I dont have to worry any payments for 2 years.
Your thoughts?
If you dont mind me asking, how do you derive your numbers and (no offense intended) how valid are your numbers? Are you a Lexus "insider" ?

Michaell · September 2016

elidabulldog said:
I have not committed to anything yet. I'm a bit confused as to what would be the best option for me.
I really like the 1-payment lease option, that way I dont have to worry any payments for 2 years.
Your thoughts?
If you dont mind me asking, how do you derive your numbers and (no offense intended) how valid are your numbers? Are you a Lexus "insider" ?

No offense taken. The information we have is confidential.

And, what incentive do we have to give you false information? You don't even know me - I'm just a dude on the 'net with the numbers you seek.

elidabulldog · September 2016

ok, do you have any recommendations on which deal would be the best option? Or if which deal would u take, if you were in my position?

Michaell · September 2016

elidabulldog said:
ok, do you have any recommendations on which deal would be the best option? Or if which deal would u take, if you were in my position?

Sorry, I don't make decisions with (or about) other people's money.

If you're comfortable with the selling price, everything else looks to be in line.

elidabulldog · September 2016

Michaell said:

elidabulldog said:
ok, do you have any recommendations on which deal would be the best option? Or if which deal would u take, if you were in my position?
Sorry, I don't make decisions with (or about) other people's money.

If you're comfortable with the selling price, everything else looks to be in line.

LOL!

Ok thanks! I just wanted to make sure the leasing numbers are correct and that im not getting screwed.

Do you know if the Lexus incentives will expire by Friday? And do you know if they might get better during Thanksgiving or Xmas?

Michaell · September 2016

elidabulldog said:

Michaell said:

elidabulldog said:
ok, do you have any recommendations on which deal would be the best option? Or if which deal would u take, if you were in my position?
Sorry, I don't make decisions with (or about) other people's money.

If you're comfortable with the selling price, everything else looks to be in line.
LOL!

Ok thanks! I just wanted to make sure the leasing numbers are correct and that im not getting screwed.

Do you know if the Lexus incentives will expire by Friday? And do you know if they might get better during Thanksgiving or Xmas?

Lexus numbers are valid until 10/3.

No predictions on what will happen down the road, but Lexus does run their "December to Remember" promotion each year.

elidabulldog · September 2016

Based on history, do you find the incentives to be better during the December event VS what they are offering right now? Coz I'm not in any rush or have a need to buy right now.

Michaell · September 2016

elidabulldog said:
Based on history, do you find the incentives to be better during the December event VS what they are offering right now? Coz I'm not in any rush or have a need to buy right now.

We don't track historical data; I suppose you could go back to those dates in this discussion and see what the numbers were at that point.

hillestadk · September 2016

Wondering what the residual and MF are for '16 GS350 or GS200t 36/15. Does Lexus offer an 18k mile lease? Also, is there any lease cash? I'm assuming these numbers will be for September, but I would be looking next month when my current lease is up. Thanks in advance guys

monstax20 · October 2016

Can I get MF & Residual GS 350 F SPORT RWD Southern California for October please.

Also, would you know when the December to Remember incentives become available?

36month/7.5k miles

kyfdx · October 2016

monstax20 said:
Can I get MF & Residual GS 350 F SPORT RWD Southern California for October please.

Also, would you know when the December to Remember incentives become available?

36month/7.5k miles

October program doesn't come out until Tuesday.

No info on December

monstax20 · October 2016

kyfdx said:

monstax20 said:
Can I get MF & Residual GS 350 F SPORT RWD Southern California for October please.

Also, would you know when the December to Remember incentives become available?

36month/7.5k miles
October program doesn't come out until Tuesday.

No info on December

Please update with October numbers once available.

24/7.5k miles
36/7.5 miles

Any loyalty, lease cash available?
Any rates available on 2017?

kyfdx · October 2016

monstax20 said:

kyfdx said:

monstax20 said:
Can I get MF & Residual GS 350 F SPORT RWD Southern California for October please.

Also, would you know when the December to Remember incentives become available?

36month/7.5k miles
October program doesn't come out until Tuesday.

No info on December

Please update with October numbers once available.

24/7.5k miles
36/7.5 miles

Any loyalty, lease cash available?
Any rates available on 2017?

.00110 MF and 62%/56% residual.
$4200 lease cash

2017 numbers are available. Please request here:
http://forums.edmunds.com/discussion/43186/lexus/gs-350/2017-lexus-gs-350-lease-questions/p1?new=1

monstax20 · October 2016

kyfdx said:

monstax20 said:

kyfdx said:

monstax20 said:
Can I get MF & Residual GS 350 F SPORT RWD Southern California for October please.

Also, would you know when the December to Remember incentives become available?

36month/7.5k miles
October program doesn't come out until Tuesday.

No info on December

Please update with October numbers once available.

24/7.5k miles
36/7.5 miles

Any loyalty, lease cash available?
Any rates available on 2017?

.00110 MF and 62%/56% residual.
$4200 lease cash

2017 numbers are available. Please request here:
http://forums.edmunds.com/discussion/43186/lexus/gs-350/2017-lexus-gs-350-lease-questions/p1?new=1

Looking on the lexus website shows $4000 lease cash instead of $4200..

kyfdx · October 2016

monstax20 said:

kyfdx said:

monstax20 said:

kyfdx said:

monstax20 said:
Can I get MF & Residual GS 350 F SPORT RWD Southern California for October please.

Also, would you know when the December to Remember incentives become available?

36month/7.5k miles
October program doesn't come out until Tuesday.

No info on December

Please update with October numbers once available.

24/7.5k miles
36/7.5 miles

Any loyalty, lease cash available?
Any rates available on 2017?

.00110 MF and 62%/56% residual.
$4200 lease cash

2017 numbers are available. Please request here:
http://forums.edmunds.com/discussion/43186/lexus/gs-350/2017-lexus-gs-350-lease-questions/p1?new=1

Looking on the lexus website shows $4000 lease cash instead of $4200..

The lease cash numbers can vary by region, but not by a lot. We only have two regions, and both show $4200.

monstax20 · October 2016

kyfdx said:

monstax20 said:

kyfdx said:

monstax20 said:

kyfdx said:

monstax20 said:
Can I get MF & Residual GS 350 F SPORT RWD Southern California for October please.

Also, would you know when the December to Remember incentives become available?

36month/7.5k miles
October program doesn't come out until Tuesday.

No info on December

Please update with October numbers once available.

24/7.5k miles
36/7.5 miles

Any loyalty, lease cash available?
Any rates available on 2017?

.00110 MF and 62%/56% residual.
$4200 lease cash

2017 numbers are available. Please request here:
http://forums.edmunds.com/discussion/43186/lexus/gs-350/2017-lexus-gs-350-lease-questions/p1?new=1

Looking on the lexus website shows $4000 lease cash instead of $4200..

The lease cash numbers can vary by region, but not by a lot. We only have two regions, and both show $4200.

Just received few quotes. So looks like they are adding $4450 lease cash and 1 dealer told me there using 0.0090 MF...

e_dubs · October 2016

Still looking at 2016 GS 350 Sport here in NJ. 36 month/15K lease. What is money factory and residual? Is lease cash $4200 now here in NJ?

Michaell · October 2016

e_dubs said:
Still looking at 2016 GS 350 Sport here in NJ. 36 month/15K lease. What is money factory and residual? Is lease cash $4200 now here in NJ?

.00110 and 52%.

We don't have the specific incentives for NJ, but it's a good bet the lease cash is $4200.

zlaninomma · October 2016

can I get MF and RV for 2016 Lexus GS350 AWD 36/12 and if there is any incentives? Denver Region

Michaell · October 2016

zlaninomma said:
can I get MF and RV for 2016 Lexus GS350 AWD 36/12 and if there is any incentives? Denver Region

.00110 and 54%. Lease cash likely to be $4200.

zlaninomma · October 2016

dealer quote says .0006 MF and 52% residual ($28,506.40) $54820 MSRP, Lease cash $4450, Sale price $52689 (less then 4% off) $594 base payment. Paying up front tax, fees, acq. $3100

I am trying to get $479 as advertised with$3999 drive off, but to get that gross cap has to go down to bellow $49000.

Michaell · October 2016

zlaninomma said:
dealer quote says .0006 MF and 52% residual ($28,506.40) $54820 MSRP, Lease cash $4450, Sale price $52689 (less then 4% off) $594 base payment. Paying up front tax, fees, acq. $3100

I am trying to get $479 as advertised with$3999 drive off, but to get that gross cap has to go down to bellow $49000.

My apologies. Not sure what I was reading from.

I show 52% residual. But, I show the MF as either .00090 or .00110 - I don't have all regions, so no reason to disbelieve the .00060 you're getting quoted.

That $3999 is all cap reduction, which would add $110/mo to the payment. In addition to the $3999, you'd be responsible for all up front taxes and fees.

monstax20 · October 2016

Michael can you please run this numbers and let me know if the numbers come out to be the same as they are quoting me. Im having a difficult time calculating it on my own.

MSRP $58,885.00
Sell price $51,523.27
Total rebate: $4450
Customer cash: 1999.99 (Due at delivery)
Residual: $32,975.60
Acq fee : $700
Doc fee $80
License/registeration : $433
MF: .00060
Term: 36/7.5k
Payment base : $443.52
Tax : $35.48
Payment w tax : $479.00

(Please calculate with Los angeles county 9% tax)

kyfdx · October 2016

monstax20 said:
Michael can you please run this numbers and let me know if the numbers come out to be the same as they are quoting me. Im having a difficult time calculating it on my own.

MSRP $58,885.00
Sell price $51,523.27
Total rebate: $4450
Customer cash: 1999.99 (Due at delivery)
Residual: $32,975.60
Acq fee : $700
Doc fee $80
License/registeration : $433
MF: .00060
Term: 36/7.5k
Payment base : $443.52
Tax : $35.48
Payment w tax : $479.00

(Please calculate with Los angeles county 9% tax)

Subtract the rebate from the sell price to get the CAP cost.
The other fees and first payment are coming out of your $1999 upfront (with about $300 left over)

I get $439.91+tax with those assumptions. Only a few dollars off.

monstax20 · October 2016

kyfdx said:

monstax20 said:
Michael can you please run this numbers and let me know if the numbers come out to be the same as they are quoting me. Im having a difficult time calculating it on my own.

MSRP $58,885.00
Sell price $51,523.27
Total rebate: $4450
Customer cash: 1999.99 (Due at delivery)
Residual: $32,975.60
Acq fee : $700
Doc fee $80
License/registeration : $433
MF: .00060
Term: 36/7.5k
Payment base : $443.52
Tax : $35.48
Payment w tax : $479.00

(Please calculate with Los angeles county 9% tax)
Subtract the rebate from the sell price to get the CAP cost.
The other fees and first payment are coming out of your $1999 upfront (with about $300 left over)

I get $439.91+tax with those assumptions. Only a few dollars off.

Yes the $1999 covers the fees and first payment. However, I also get $300 left over... So what happens to that $300? They using it as a cap cost reduction?

Michaell · October 2016

monstax20 said:

kyfdx said:

monstax20 said:
Michael can you please run this numbers and let me know if the numbers come out to be the same as they are quoting me. Im having a difficult time calculating it on my own.

MSRP $58,885.00
Sell price $51,523.27
Total rebate: $4450
Customer cash: 1999.99 (Due at delivery)
Residual: $32,975.60
Acq fee : $700
Doc fee $80
License/registeration : $433
MF: .00060
Term: 36/7.5k
Payment base : $443.52
Tax : $35.48
Payment w tax : $479.00

(Please calculate with Los angeles county 9% tax)
Subtract the rebate from the sell price to get the CAP cost.
The other fees and first payment are coming out of your $1999 upfront (with about $300 left over)

I get $439.91+tax with those assumptions. Only a few dollars off.
Yes the $1999 covers the fees and first payment. However, I also get $300 left over... So what happens to that $300? They using it as a cap cost reduction?

Most likely.

kyfdx · October 2016

monstax20 said:

kyfdx said:

monstax20 said:
Michael can you please run this numbers and let me know if the numbers come out to be the same as they are quoting me. Im having a difficult time calculating it on my own.

MSRP $58,885.00
Sell price $51,523.27
Total rebate: $4450
Customer cash: 1999.99 (Due at delivery)
Residual: $32,975.60
Acq fee : $700
Doc fee $80
License/registeration : $433
MF: .00060
Term: 36/7.5k
Payment base : $443.52
Tax : $35.48
Payment w tax : $479.00

(Please calculate with Los angeles county 9% tax)
Subtract the rebate from the sell price to get the CAP cost.
The other fees and first payment are coming out of your $1999 upfront (with about $300 left over)

I get $439.91+tax with those assumptions. Only a few dollars off.
Yes the $1999 covers the fees and first payment. However, I also get $300 left over... So what happens to that $300? They using it as a cap cost reduction?

Tax on the rebate would be my guess

monstax20 · October 2016

kyfdx said:

monstax20 said:

kyfdx said:

monstax20 said:
Michael can you please run this numbers and let me know if the numbers come out to be the same as they are quoting me. Im having a difficult time calculating it on my own.

MSRP $58,885.00
Sell price $51,523.27
Total rebate: $4450
Customer cash: 1999.99 (Due at delivery)
Residual: $32,975.60
Acq fee : $700
Doc fee $80
License/registeration : $433
MF: .00060
Term: 36/7.5k
Payment base : $443.52
Tax : $35.48
Payment w tax : $479.00

(Please calculate with Los angeles county 9% tax)
Subtract the rebate from the sell price to get the CAP cost.
The other fees and first payment are coming out of your $1999 upfront (with about $300 left over)

I get $439.91+tax with those assumptions. Only a few dollars off.
Yes the $1999 covers the fees and first payment. However, I also get $300 left over... So what happens to that $300? They using it as a cap cost reduction?
Tax on the rebate would be my guess

How can I calculate the registration/license fee?
Also, how can I know if the rebate is taxed?

Michaell · October 2016

monstax20 said:

kyfdx said:

monstax20 said:

kyfdx said:

monstax20 said:
Michael can you please run this numbers and let me know if the numbers come out to be the same as they are quoting me. Im having a difficult time calculating it on my own.

MSRP $58,885.00
Sell price $51,523.27
Total rebate: $4450
Customer cash: 1999.99 (Due at delivery)
Residual: $32,975.60
Acq fee : $700
Doc fee $80
License/registeration : $433
MF: .00060
Term: 36/7.5k
Payment base : $443.52
Tax : $35.48
Payment w tax : $479.00

(Please calculate with Los angeles county 9% tax)
Subtract the rebate from the sell price to get the CAP cost.
The other fees and first payment are coming out of your $1999 upfront (with about $300 left over)

I get $439.91+tax with those assumptions. Only a few dollars off.
Yes the $1999 covers the fees and first payment. However, I also get $300 left over... So what happens to that $300? They using it as a cap cost reduction?
Tax on the rebate would be my guess
How can I calculate the registration/license fee?
Also, how can I know if the rebate is taxed?

Call the state for reg fees breakdown.

Most states tax rebates; call your department of revenue for confirmation

chilenny · October 2016

Hi..What is the MF and Residual for 12/36 and 15/36 in the Chicagoland area for a GS200t base and GS200t F Sport? There is also a lease bonus of $4650. Thanks

kyfdx · October 2016

chilenny said:
Hi..What is the MF and Residual for 12/36 and 15/36 in the Chicagoland area for a GS200t base and GS200t F Sport? There is also a lease bonus of $4650. Thanks

.00110 MF and 52% residual for 36/15.
Add 1% for F-Sport
Add 2% for 12K/yr
$4650 lease cash.

monstax20 · October 2016

Working with few dealers.
They are using $4450 rebate.
And MF .00060

Why?

Michaell · October 2016

monstax20 said:
Working with few dealers.
They are using $4450 rebate.
And MF .00060

Why?

Lexus numbers are regional. And, we don't have the data for all regions.

Those numbers could be correct for where you live.

monstax20 · October 2016

Michaell said:

monstax20 said:
Working with few dealers.
They are using $4450 rebate.
And MF .00060

Why?
Lexus numbers are regional. And, we don't have the data for all regions.

Those numbers could be correct for where you live.

Los Angeles area can you confirm?

kyfdx · October 2016

monstax20 said:

Michaell said:

monstax20 said:
Working with few dealers.
They are using $4450 rebate.
And MF .00060

Why?
Lexus numbers are regional. And, we don't have the data for all regions.

Those numbers could be correct for where you live.
Los Angeles area can you confirm?

Nope

cyno · October 2016

Sorry if this has been stated, but it isn't clear to me.
Please provide the MF and Residual for So. CA. for 36/12 in the F Sport.

2016 Lexus GS Lease Questions

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