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2019 Lexus GX 460 Lease Deals and Prices

ekchan68ekchan68 Member Posts: 3
edited October 2018 in Lexus
I would like to know what is expected to paid for a base GX460 in Texas or Louisiana (I am in Houston but willing to drive to get the best deal).
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Comments

  • kyfdxkyfdx Moderator Posts: 235,188
    ekchan68 said:

    I would like to know what is expected to paid for a base GX460 in Texas or Louisiana (I am in Houston but willing to drive to get the best deal).

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  • jsong525jsong525 Member Posts: 16
    Hi,

    Can I please gave the MF/RV/incentives for GS 460 2019?

    36/15 in 91387

    Thank you in advance.
  • kyfdxkyfdx Moderator Posts: 235,188
    jsong525 said:

    Hi,

    Can I please gave the MF/RV/incentives for GS 460 2019?

    36/15 in 91387

    Thank you in advance.

    .00130 MF
    57%/53% residual for Prem/Luxury
    No lease incentives

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  • MB09MB09 Member Posts: 14
    Hello looking got MF/Resid/Incentives 36/12k on Premium in 14216 and 44101. Shopping both regions as they have different Lexus programs. Thank you.
  • kyfdxkyfdx Moderator Posts: 235,188
    MB09 said:

    Hello looking got MF/Resid/Incentives 36/12k on Premium in 14216 and 44101. Shopping both regions as they have different Lexus programs. Thank you.

    .00180 MF and 59% residual
    $4000 lease cash

    Either location

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  • 224valk224valk Member Posts: 2
    Can somebody please list the MF/Residual/and Lease Incentives on 36/10k Premium in 84042. Thanks.
  • MichaellMichaell Moderator Posts: 240,090
    224valk said:

    Can somebody please list the MF/Residual/and Lease Incentives on 36/10k Premium in 84042. Thanks.

    .00180 and 60%
    $4000 lease cash

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  • hddeucehddeuce Member Posts: 18
    I was looking at '18s in my area. There are not many available in color choices. Can I get MF, residual and Incentives for Premium model 36/15 for 33908. Any MSDs?
    Thank in advance!
  • hddeucehddeuce Member Posts: 18
    That would be for the 2019 model.
  • MichaellMichaell Moderator Posts: 240,090
    hddeuce said:

    I was looking at '18s in my area. There are not many available in color choices. Can I get MF, residual and Incentives for Premium model 36/15 for 33908. Any MSDs?
    Thank in advance!

    hddeuce said:

    That would be for the 2019 model.

    .00180 and 57%
    $4000 lease cash
    max 9 MSDs @ .00008 reduction each

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  • art112art112 Member Posts: 30
    Hi. In CA at 92630 . Have been quoted the following- 2019 GX Premium. MSRP $58090.00 plus tax. My price $47,990.00 after applying the $4K rebate. 15K/year for 36 mo. Lease payments $654.00 per month including tax. Rate .00180. Residual 60%. Do these number make sense? Residual seems high. Do you think I can push to get a better deal? Thank you.
  • kyfdxkyfdx Moderator Posts: 235,188
    art112 said:

    Hi. In CA at 92630 . Have been quoted the following- 2019 GX Premium. MSRP $58090.00 plus tax. My price $47,990.00 after applying the $4K rebate. 15K/year for 36 mo. Lease payments $654.00 per month including tax. Rate .00180. Residual 60%. Do these number make sense? Residual seems high. Do you think I can push to get a better deal? Thank you.

    36/15
    .00180 MF and 57% residual
    $4000 lease cash

    60% residual is for 36/10


    What is the amount due at signing?

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  • art112art112 Member Posts: 30
    edited November 2018
    Hi.  Down payment is $1000.00.  What should the residual be at?  Thanks again
  • MichaellMichaell Moderator Posts: 240,090
    art112 said:

    Hi.  Down payment is $1000.00.  What should the residual be at?  Thanks again

    Residual is always calculated against MSRP; how much down you give the dealer doesn't affect that number

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  • art112art112 Member Posts: 30
    I’m sorry.  I meant to ask what should the percentage residual be for 36/15?  57%?  They quotaed me 60%.  Am I just totally confused?  Also, do you think my proposed deal is a good deal?  Thank you. 
  • MichaellMichaell Moderator Posts: 240,090
    art112 said:

    I’m sorry.  I meant to ask what should the percentage residual be for 36/15?  57%?  They quotaed me 60%.  Am I just totally confused?  Also, do you think my proposed deal is a good deal?  Thank you. 

    Yes, 57% for 36/15

    60% for 36/10; confirm with the dealer what mileage allowance they are using.

    Since it's an average lease program, you've got an average deal.

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  • pmm6691pmm6691 Member Posts: 86
    Hello, lease incentives please,
    money factor
    residual on
    36 / 12k miles for:

    2019 GX460 Premium

    Zip = 60025

    Thanks
  • kyfdxkyfdx Moderator Posts: 235,188
    pmm6691 said:

    Hello, lease incentives please,
    money factor
    residual on
    36 / 12k miles for:

    2019 GX460 Premium

    Zip = 60025

    Thanks

    .00180 MF and 59% residual
    $4000 lease cash

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  • georgem18georgem18 Member Posts: 23
    Hi, could I please get lease incentives 

    2019 GX 460 premium

    MF/residual

    12/15k miles 

    zip 80015

    thank you! 
  • MichaellMichaell Moderator Posts: 240,090
    georgem18 said:

    Hi, could I please get lease incentives 

    2019 GX 460 premium

    MF/residual

    12/15k miles 

    zip 80015

    thank you! 

    What lease term?

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  • georgem18georgem18 Member Posts: 23
    36 months
  • kyfdxkyfdx Moderator Posts: 235,188
    georgem18 said:

    Hi, could I please get lease incentives 

    2019 GX 460 premium

    MF/residual

    12/15k miles 

    zip 80015

    thank you! 

    georgem18 said:

    36 months

    36/15
    .00180 MF and 57% residual
    $4000 lease cash

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  • georgem18georgem18 Member Posts: 23
    Thank you! 
  • slolankanslolankan Member Posts: 251
    Hello!

    Can you kindly provide the MF/RV and any incentives for December in SoCal?

    Premium - 24/36 mo 12K miles
    Luxury- 24/36 mo 12K miles

    Thank you!
  • kyfdxkyfdx Moderator Posts: 235,188
    slolankan said:

    Hello!

    Can you kindly provide the MF/RV and any incentives for December in SoCal?

    Premium - 24/36 mo 12K miles
    Luxury- 24/36 mo 12K miles

    Thank you!

    New programs don't start until tomorrow. It might be a couple of days before we see them.

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  • art112art112 Member Posts: 30
    Hi.  Are the lease offers and discounts available for So. California for December?  
    Zip Code 92630.  
    - 2019 Premium 15K/36
    - 2018 Luxury 15K/36

    thank you 
  • kyfdxkyfdx Moderator Posts: 235,188
    art112 said:

    Hi.  Are the lease offers and discounts available for So. California for December?  
    Zip Code 92630.  
    - 2019 Premium 15K/36
    - 2018 Luxury 15K/36

    thank you 

    2019
    .00180 MF and 57% residual
    $4000 lease cash

    Please post 2018 questions here:
    https://forums.edmunds.com/discussion/48557/lexus/gx-460/2018-lexus-gx-460-lease-deals-and-prices#latest

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  • slolankanslolankan Member Posts: 251
    slolankan said:

    Hello!

    Can you kindly provide the MF/RV and any incentives for December in SoCal?

    Premium - 24/36 mo 12K miles - 65%/59% ???
    Luxury- 24/36 mo 12K miles

    Thank you!

    Bump!
  • Bobbs0823Bobbs0823 Member Posts: 28
    Could I please get RV, MF, and current incentives for the GX460 in zip 27410?

    36/12, 39/12, 42/12
    36/15, 39/15, 42/15

    Thanks
  • kyfdxkyfdx Moderator Posts: 235,188
    slolankan said:

    slolankan said:

    Hello!

    Can you kindly provide the MF/RV and any incentives for December in SoCal?

    Premium - 24/36 mo 12K miles - 65%/59% ???
    Luxury- 24/36 mo 12K miles

    Thank you!

    Bump!
    .00180 MF
    66%/59% residual
    $4000 lease cash

    Subtract 4% for Luxury trim

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  • kyfdxkyfdx Moderator Posts: 235,188
    Bobbs0823 said:

    Could I please get RV, MF, and current incentives for the GX460 in zip 27410?

    36/12, 39/12, 42/12
    36/15, 39/15, 42/15

    Thanks

    .00180 MF
    57%/55%/53% residual for 15K/yr

    $4000 lease cash

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  • Bobbs0823Bobbs0823 Member Posts: 28
    Whatkyfdx said:
    Could I please get RV, MF, and current incentives for the GX460 in zip 27410?

    36/12, 39/12, 42/12
    36/15, 39/15, 42/15

    Thanks
    .00180 MF 57%/55%/53% residual for 15K/yr $4000 lease cash
    Thanks. What are the 12k MF and Residuals?  Lexus is telling me the MF should be .0025 which I feel is absurd. 
  • kyfdxkyfdx Moderator Posts: 235,188
    Bobbs0823 said:

    Whatkyfdx said:



    Bobbs0823 said:

    Could I please get RV, MF, and current incentives for the GX460 in zip 27410?

    36/12, 39/12, 42/12
    36/15, 39/15, 42/15

    Thanks

    .00180 MF
    57%/55%/53% residual for 15K/yr

    $4000 lease cash

    Thanks. What are the 12k MF and Residuals?  Lexus is telling me the MF should be .0025 which I feel is absurd. 

    +2% for 12K/yr

    Dealers can markup the rate for increased revenue. Your job is to refuse any money factor markups.

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  • Bobbs0823Bobbs0823 Member Posts: 28
    Perfect. And the numbers you are providing, are the direct from Lexus?  Appreciate all the help!
  • kyfdxkyfdx Moderator Posts: 235,188
    Bobbs0823 said:

    Perfect. And the numbers you are providing, are the direct from Lexus?  Appreciate all the help!

    Yes.. they are the correct numbers

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  • lsa_allsa_al Member Posts: 2
    Hello... we are looking at leasing a 2018 GX. Should the residual be lower considering it is the end of the model year?  Thanks!
  • MichaellMichaell Moderator Posts: 240,090
    lsa_al said:

    Hello... we are looking at leasing a 2018 GX. Should the residual be lower considering it is the end of the model year?  Thanks!

    Please repost in the 2018 GX lease thread, here:

    https://forums.edmunds.com/discussion/48557/lexus/gx-460/2018-lexus-gx-460-lease-deals-and-prices#latest

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  • art112art112 Member Posts: 30
    Hi: I was wondering if you can give me your opinion about this deal: 92655 Zip Code
    2019 Lexus GX460
    MSRP: 59,130.00
    Discount Savings -6,630.00
    Vehicle Selling Price 52,500.00
    -------
    Document Prep Fee 80.00
    License / Title 634.00
    Tire/Battery/VTR Fee 8.75
    Acquisition Fee 795.00
    Tax on Collected Items 348.75
    Capitalized Initial Fees 666.93

    Total Cap 55,033.43
    Rebate Savings -4,500.00
    Net Cap 50,533.43

    Base Payment 618.96
    Monthly Tax 47.97
    36 Month Payment 666.93

    Capitalized Initial Fees -666.93
    1st Payment 666.93
    Due On Delivery -0-

    Rate 0.00180
    Annual Miles 15,000
    Residual % [59,130] 57 %
    Residual Amount 33,704.10

    Any suggestions? Thank you so much.

  • MichaellMichaell Moderator Posts: 240,090
    art112 said:

    Hi: I was wondering if you can give me your opinion about this deal: 92655 Zip Code
    2019 Lexus GX460
    MSRP: 59,130.00
    Discount Savings -6,630.00
    Vehicle Selling Price 52,500.00
    -------
    Document Prep Fee 80.00
    License / Title 634.00
    Tire/Battery/VTR Fee 8.75
    Acquisition Fee 795.00
    Tax on Collected Items 348.75
    Capitalized Initial Fees 666.93

    Total Cap 55,033.43
    Rebate Savings -4,500.00
    Net Cap 50,533.43

    Base Payment 618.96
    Monthly Tax 47.97
    36 Month Payment 666.93

    Capitalized Initial Fees -666.93
    1st Payment 666.93
    Due On Delivery -0-

    Rate 0.00180
    Annual Miles 15,000
    Residual % [59,130] 57 %
    Residual Amount 33,704.10

    Any suggestions? Thank you so much.

    Base or Luxury trim?
    What lease term?

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  • art112art112 Member Posts: 30
    Hi.  It’s Premium with Sports design Pkg and 36 months 
  • kyfdxkyfdx Moderator Posts: 235,188
    art112 said:

    Hi.  It’s Premium with Sports design Pkg and 36 months 

    .00180 MF and 57% residual is correct
    $4000 lease cash

    The calculations are correct. It looks like a good deal.

    I would pay non-taxable items upfront, rather than rolling them in. Once you roll them into the lease, they are taxed.

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  • ccuser011ccuser011 Member Posts: 18
    Hello Mods and Community,

    I have have been able to obtain following best offer after hard work and learning lease 101. Could you comment on quality of this offer in DFW, TX market.

    GX460 Premium

    MSRP $57,724.00
    Dealer Disc Price $51,951.00
    Dealer Disc Pct % 10.00%
    Rebate Disc $4,000.00

    Sales Tax $2,996.94
    TT&L $340.00
    Acquisition Fee $795.00

    Cap Cost $52,082.94
    Residual $32,902.68
    Residual % 57.0%
    Term 36.00
    Mi /Yr 15,000
    Money Factor 0.00190

    Depreciation Cost $19,180.26
    Dep Cost Mo. $532.78
    Finance Cost $161.47
    Monthly PMT $694.26

    Total Out of Pocket Cost $24,993.27
    Total Out of Pocket Cost Yrly $8,331.09
    Cost Per Mile $0.56

    * first payment is due at signing + TT&L $340.00

    I believe lease financing is thru LFS. Can I use MSD to drive down MF ? I have seen some supporting data point but I wanted to check here before reaching out dealer.

    Could please let me know if there is "reasonable" room for improvement before I sign the lease.

    Thank you,
    ccuser011
  • MichaellMichaell Moderator Posts: 240,090
    ccuser011 said:

    Hello Mods and Community,

    I have have been able to obtain following best offer after hard work and learning lease 101. Could you comment on quality of this offer in DFW, TX market.

    GX460 Premium

    MSRP $57,724.00
    Dealer Disc Price $51,951.00
    Dealer Disc Pct % 10.00%
    Rebate Disc $4,000.00

    Sales Tax $2,996.94
    TT&L $340.00
    Acquisition Fee $795.00

    Cap Cost $52,082.94
    Residual $32,902.68
    Residual % 57.0%
    Term 36.00
    Mi /Yr 15,000
    Money Factor 0.00190

    Depreciation Cost $19,180.26
    Dep Cost Mo. $532.78
    Finance Cost $161.47
    Monthly PMT $694.26

    Total Out of Pocket Cost $24,993.27
    Total Out of Pocket Cost Yrly $8,331.09
    Cost Per Mile $0.56

    * first payment is due at signing + TT&L $340.00

    I believe lease financing is thru LFS. Can I use MSD to drive down MF ? I have seen some supporting data point but I wanted to check here before reaching out dealer.

    Could please let me know if there is "reasonable" room for improvement before I sign the lease.

    Thank you,
    ccuser011

    I show .00180 and 57%

    I agree with the math on that worksheet; the MF I provided would lower the payment around $8/mo. Seems odd for the dealer to bump the MF by such a small amount.

    Yes, Lexus uses MSDs - max 9 @ .00008 reduction each.

    We don't track pricing; use this link to help:
    https://www.edmunds.com/tmv.html

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  • ccuser011ccuser011 Member Posts: 18
    Michaell said:

    ccuser011 said:

    Hello Mods and Community,

    I show .00180 and 57%

    I agree with the math on that worksheet; the MF I provided would lower the payment around $8/mo. Seems odd for the dealer to bump the MF by such a small amount.

    Yes, Lexus uses MSDs - max 9 @ .00008 reduction each.

    We don't track pricing; use this link to help:
    https://www.edmunds.com/tmv.html

    Dealer actually started with .00251 MF. He came down after haggling to .0022 since I am "elite tier 1" credit qualifier. He agreed to .0019 in 2nd round of haggling to match competing dealer. Sales Manager stated that his buy rate is 0.0018 and he wants to mark up to make money.

    According to him, MSD is no longer available. I told to re-confirm since LFS is advertising otherwise.

    Thank you for your feedback.
  • kyfdxkyfdx Moderator Posts: 235,188
    ccuser011 said:

    Michaell said:

    ccuser011 said:

    Hello Mods and Community,

    I show .00180 and 57%

    I agree with the math on that worksheet; the MF I provided would lower the payment around $8/mo. Seems odd for the dealer to bump the MF by such a small amount.

    Yes, Lexus uses MSDs - max 9 @ .00008 reduction each.

    We don't track pricing; use this link to help:
    https://www.edmunds.com/tmv.html

    Dealer actually started with .00251 MF. He came down after haggling to .0022 since I am "elite tier 1" credit qualifier. He agreed to .0019 in 2nd round of haggling to match competing dealer. Sales Manager stated that his buy rate is 0.0018 and he wants to mark up to make money.

    According to him, MSD is no longer available. I told to re-confirm since LFS is advertising otherwise.

    Thank you for your feedback.
    MSDs actually cost the dealer money.. Not a lot, but a little. (their fee for writing the lease is less from LFS, if they accept MSDs)

    But, it can save you a lot.

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  • ccuser011ccuser011 Member Posts: 18


    MSDs actually cost the dealer money.. Not a lot, but a little. (their fee for writing the lease is less from LFS, if they accept MSDs)

    But, it can save you a lot.
    Dealer just came back confirming MSD option is available :smile:
  • kyfdxkyfdx Moderator Posts: 235,188
    ccuser011 said:



    MSDs actually cost the dealer money.. Not a lot, but a little. (their fee for writing the lease is less from LFS, if they accept MSDs)

    But, it can save you a lot.
    Dealer just came back confirming MSD option is available :smile:

    Good deal!

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  • blackwjqblackwjq Member Posts: 8
    Hi,

    Can you please provide the MF, Residual and incentives for both of these models in 85254? Terms of 36 months, 10k miles per year.

    2019 Lexus GX460 Premium

    2019 Lexus GX460 Luxury

    Thanks!!
  • MichaellMichaell Moderator Posts: 240,090
    blackwjq said:

    Hi,

    Can you please provide the MF, Residual and incentives for both of these models in 85254? Terms of 36 months, 10k miles per year.

    2019 Lexus GX460 Premium

    2019 Lexus GX460 Luxury

    Thanks!!

    .00180 and 60% (Premium) or 56% (Luxury)
    $4000 lease cash

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  • PBJSandwichesPBJSandwiches Member Posts: 11
    Hi! Do you have the MF, Residual and any possible lease incentives for 2019 luxury 12k and 15k for 36 months? This is for 70809. Thank you so much!
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