1st time leasing- need help!

Comments

• kyfdx Moderator Posts: 236,570

  February 2017

  omjrmay21 said:

  Hoping someone can help me here. 1st time leasing a vehicle I'm interested in the Lexus IS300 w navigation and sunroof 36/15k. MSRP is $44,933.
  
  Walking into the dealer what should I expect the dealer price to be? Can I negotiate 5% from the dealer price? My budget is NTE $350. Is that realistic with little to no down? Thanks for your help!!

  Can't help you on selling price.
  
  Your budget is unrealistic. If your goal is $350/mo or less, you should be looking at vehicles in the $25K-$35K MSRP range.

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• jsimsfour Member Posts: 7

  July 2018

  I'm looking to do my first lease soon with a similar price point and set up. I've been trying to estimate my least cost and I've been getting about $425-$460 month with about 5% off MSRP? I'm no expert but that seems reasonable to me.

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• Michaell Moderator Posts: 240,904

  July 2018

  jsimsfour said:

  I'm looking to do my first lease soon with a similar price point and set up. I've been trying to estimate my least cost and I've been getting about $425-$460 month with about 5% off MSRP? I'm no expert but that seems reasonable to me.

  What vehicle are you looking at?

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• jsimsfour Member Posts: 7

  July 2018 edited July 2018

  Michaell said:

  
  

  jsimsfour said:

  
  

  I'm looking to do my first lease soon with a similar price point and set up. I've been trying to estimate my least cost and I've been getting about $425-$460 month with about 5% off MSRP? I'm no expert but that seems reasonable to me.

  
  

  What vehicle are you looking at?
  
  IS 300 F Sport in NC.

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• Michaell Moderator Posts: 240,904

  July 2018

  jsimsfour said:

  Michaell said:

  
  

  jsimsfour said:

  
  

  I'm looking to do my first lease soon with a similar price point and set up. I've been trying to estimate my least cost and I've been getting about $425-$460 month with about 5% off MSRP? I'm no expert but that seems reasonable to me.

  
  

  What vehicle are you looking at?

  IS 300 F Sport in NC.
  
  What lease term and how many miles per year?
  
  We don't track pricing, so can't help with targets; use the 'new cars' tab at the top of the page to link to the pricing tools

  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

  0
• jsimsfour Member Posts: 7

  July 2018

  Michaell said:

  
  

  jsimsfour said:

  
  

  I'm looking to do my first lease soon with a similar price point and set up. I've been trying to estimate my least cost and I've been getting about $425-$460 month with about 5% off MSRP? I'm no expert but that seems reasonable to me.

  
  

  What vehicle are you looking at?

  Michaell said:

  jsimsfour said:

  Michaell said:

  
  

  jsimsfour said:

  
  

  I'm looking to do my first lease soon with a similar price point and set up. I've been trying to estimate my least cost and I've been getting about $425-$460 month with about 5% off MSRP? I'm no expert but that seems reasonable to me.

  
  

  What vehicle are you looking at?

  IS 300 F Sport in NC.

  What lease term and how many miles per year?
  
  We don't track pricing, so can't help with targets; use the 'new cars' tab at the top of the page to link to the pricing tools
  
  Ok thanks I just though you wanted to know what I was interested in.

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