mrtrance

I stopped by the dealership yesterday in SoCal and got some lease figures. They quoted me a 56% (12K) residual and money factor of 0.00165 for Tier 1+. However, from another site that posts monthly lease numbers for Lexus, the base money factor should be 0.00125 for Tier 1+. I've heard that it could be regional but just about every time the base money factor is available here in Cali for any vehicle. So my question is to those who are trying to lease a new IS250 (especially in California), what kind of money factor (for Tier 1+) have you been quoted for either 24 or 36 month lease?

Here are August numbers:

Lexus Financial Services Lease Rates & Residuals – Effective 8/12/07

2007 Lexus IS250 Sedan
24 Month – Residual 60% of MSRP – .00125 Base Rate
36 Month – Residual 54% of MSRP – .00125 Base Rate
48 Month – Residual 45% of MSRP – .00145 Base Rate
60 Month – Residual 36% of MSRP – .00265 Base Rate

Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms.

Pineapple

Someones been doing his homework!

Sorry I couldn't be of more help, I know nothing about leases.

ponickka

do you plan on keeping the car or u just want to lease it?

the more you put as downpayment , u'll save on the monthly lease TAX fees

AsianGirl007

iTrader: (1)

Actually you get taxed on the down payment too.