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How much are you paying on your GS350 LEASE?

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Old 05-04-08, 01:23 PM   #1
BlueIS
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Default How much are you paying on your GS350 LEASE?

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.
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Old 05-05-08, 12:19 PM   #2
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Anyone????
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Old 05-05-08, 12:37 PM   #3
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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
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Old 05-05-08, 12:56 PM   #4
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My Bet is around $700 a month.
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Old 05-05-08, 03:44 PM   #5
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607.00 for 39 months
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Old 05-05-08, 03:44 PM   #6
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Quote:
Originally Posted by BlueIS View Post
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.
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...
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Old 05-06-08, 11:46 AM   #7
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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.
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Old 05-06-08, 12:00 PM   #8
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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.
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Old 05-06-08, 11:28 PM   #9
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680.79, 48 Months, 12k A Year, No Navi, 1800 Out Of Pocket
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Old 05-06-08, 11:32 PM   #10
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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.
Wow the buyout is pretty low!

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Old 05-06-08, 11:59 PM   #11
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Quote:
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Wow the buyout if pretty low!
on a 48 mo lease? that sounds about right. 3 yr residual on the gs is around 50%
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Old 05-07-08, 12:12 AM   #12
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Quote:
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on a 48 mo lease? that sounds about right. 3 yr residual on the gs is around 50%
Yeah, I just calculated it...
Lexus financial is not that bad!
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Old 05-07-08, 01:18 AM   #13
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Quote:
Originally Posted by rominl View Post
on a 48 mo lease? that sounds about right. 3 yr residual on the gs is around 50%
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
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Old 05-07-08, 03:20 AM   #14
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^^ 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
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Old 05-07-08, 11:19 AM   #15
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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.
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