BlueIS

I was in the market for a new 08 GS350 and I was interested in leasing one.

If I am looking into $2k down max for drive off and 10k to 12k a year, on a loaded GS350 RWD with NAV and ML or even everything except ML, I was wondering if I monthly payments can be around $600 or less?

MBZ has a special right now on the CLS550, $749/month + tax and about $3k-$4k driveoff. I thought this was a pretty nice deal on a $70k+ car.

Any info is appreciated.

BlueIS

Anyone????

rominl

iTrader: (4)

600 or less i think that's stretching it. you can't compare leases between lexus to bmw/mb. lexus deals aren't close to be as good

The G Man

My Bet is around $700 a month.

VFORCE08

607.00 for 39 months

Jace7

lexus h as some of the worst lease rates and residuals.
BMW = #1

Never own, but a lease is a great way to go on a BMW. That way when the car really starts needing maint, after the lease/3 year maint free, you give it back...

WHen I was looking at purchasing my now sold GS450h, the lease/month was 10 bucks less per month than purchasing.... so I bought it....

If you want to buy a car, buy a lexus, if you want to lease something, get something else...

RudeDoggy

I know OP is from LA, but just to give a comparison of lease rates up here...

I am leasing a 2008 GS350 AWD with ML/Navi. Cap cost was $59,901 and I put $0 down. Lease rate is 5.9% and buyback after 48 months is $25,800. I get 24,000 km/yr (15,000 mi/yr) and I am paying $975/month before tax ($1100/month after tax). This is in Canadian dollars but they are almost at par ($1 USD = $1.0022 CAD) so you can think of it as being in USD.

Needless to say, you guys are getting a good deal.

mikedozz

On my 08GS350 AWD Blk/Blk Navi, no ML, i leased mine for 619 per month for 48 months/12k per year. I did 3k out of pocket. The buyout is 21 and change. You may be able to get it in low 600's with some shopping around.

MELODY7

680.79, 48 Months, 12k A Year, No Navi, 1800 Out Of Pocket

kevieeroh

iTrader: (2)

Wow the buyout is pretty low!

rominl

iTrader: (4)

on a 48 mo lease? that sounds about right. 3 yr residual on the gs is around 50%

kevieeroh

iTrader: (2)

Yeah, I just calculated it...
Lexus financial is not that bad!

Eiso

LeaseCompare says it has 54% after 2 yrs, and drops to 46% after 3 yrs. I think that was based on Lexus Financial.


2008 Lexus GS 350 Sedan – 4/12/08
24 Month – Residual 52% of MSRP – .00105 Base Rate
36 Month – Residual 46% of MSRP – .00105 Base Rate
48 Month – Residual 38% of MSRP – .00105 Base Rate
60 Month – Residual 31% of MSRP – .00225 Base Rate

spiralynth

^^ Now, that's the defintion of poor residuals. Even the M35 has 62% residual after 24 months.

No car I've seen a car has as strong of residuals as the G - coupe and sedans. Not even BMW.

2008 Infiniti G37 Sport Coupe March 2008 Rates
24 Month – Residual 75% of MSRP – .00195 Base Rate
36 Month – Residual 64% of MSRP – .00202 Base Rate
48 Month – Residual 52% of MSRP – .00208 Base Rate
60 Month – Residual 45% of MSRP – .00214 Base Rate

2008 Infiniti G35 Base Sedan March 2008 Rates
24 Month – Residual 71% of MSRP – .00162 Base Rate
36 Month – Residual 61% of MSRP – .00178 Base Rate
48 Month – Residual 51% of MSRP – .00214 Base Rate
60 Month – Residual 40% of MSRP – .00212 Base Rate

rominl

iTrader: (4)

wow, 3 yrs at 46%, that's pretty low. but i think that's reasonable considering when i got the 08 right when it came out, 3 yrs residual was around 50% already.