Lease for is250
#1
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Lease for is250
Do you guys think I got ripped off?? Sorry a bit new to most terms this is from what I have gathered
This was from Cerritos (Los Angeles) Area Dealer
MSRP: 37.538.00
Sale Price:36.841 i think
On my contract it says gross capitalized price 35801 plus acquisition fee and maintenance agreement it went up to 36841
I'm still not sure what MF stands for when some people say that
My residual value is 24775
10k miles
36 month lease
Monthly payments of 389 including taxes
Started off as 27 months for 352 but they kinda talked me into 36 for 378 plus maintenance for 3 years on synthetic oil change came out to 389 monthly
Was this a good deal???
Ohh and I put 3000 down for amount due at signing
Only additional features was back up camera cargo net trunk mat wheel lock and rear bumper app
This was from Cerritos (Los Angeles) Area Dealer
MSRP: 37.538.00
Sale Price:36.841 i think
On my contract it says gross capitalized price 35801 plus acquisition fee and maintenance agreement it went up to 36841
I'm still not sure what MF stands for when some people say that
My residual value is 24775
10k miles
36 month lease
Monthly payments of 389 including taxes
Started off as 27 months for 352 but they kinda talked me into 36 for 378 plus maintenance for 3 years on synthetic oil change came out to 389 monthly
Was this a good deal???
Ohh and I put 3000 down for amount due at signing
Only additional features was back up camera cargo net trunk mat wheel lock and rear bumper app
#3
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I'm not sure if thats a good deal, but I'll tell you what pay I for mine
$500 a month for 27months, $1k down and 2 oil changes included 10K a year
IS250 AWD F Sport, and If I remember correctly the total price was $45.5K
And I though I got a great deal
$500 a month for 27months, $1k down and 2 oil changes included 10K a year
IS250 AWD F Sport, and If I remember correctly the total price was $45.5K
And I though I got a great deal
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that sounds like you got a great deal I also wanted the f sport but hesitated and just got the regular one but now I'm regretting it..wished I would have gotten a few more quoted or seen hoe much of a deali could get on a 350 f sport I seen some posts people saying they got their 350 fully loaded for 0 down n pay 400-500 a month
#6
Lexus Test Driver
Do you guys think I got ripped off?? Sorry a bit new to most terms this is from what I have gathered
This was from Cerritos (Los Angeles) Area Dealer
MSRP: 37.538.00
Sale Price:36.841 i think
On my contract it says gross capitalized price 35801 plus acquisition fee and maintenance agreement it went up to 36841
I'm still not sure what MF stands for when some people say that
My residual value is 24775
10k miles
36 month lease
Monthly payments of 389 including taxes
Started off as 27 months for 352 but they kinda talked me into 36 for 378 plus maintenance for 3 years on synthetic oil change came out to 389 monthly
Was this a good deal???
Ohh and I put 3000 down for amount due at signing
Only additional features was back up camera cargo net trunk mat wheel lock and rear bumper app
This was from Cerritos (Los Angeles) Area Dealer
MSRP: 37.538.00
Sale Price:36.841 i think
On my contract it says gross capitalized price 35801 plus acquisition fee and maintenance agreement it went up to 36841
I'm still not sure what MF stands for when some people say that
My residual value is 24775
10k miles
36 month lease
Monthly payments of 389 including taxes
Started off as 27 months for 352 but they kinda talked me into 36 for 378 plus maintenance for 3 years on synthetic oil change came out to 389 monthly
Was this a good deal???
Ohh and I put 3000 down for amount due at signing
Only additional features was back up camera cargo net trunk mat wheel lock and rear bumper app
In the meantime, congrats on your new IS - have fun and enjoy it!
Bill G
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Based on those numbers, your MF (money factor) is about 0.0011 or 2.64 APR. it also looks like your RV (residual value) is about 66%. That is based on a cap reduction of $3,000 and cap addition of $830.
Just for reference, mine had an MSRP of $41,858 and negotiated purchase price of $36,000. My MF was 0.0011 (I did not use MSDs), with a $2,000 cap reduction, $830 cap addition, RV 74% on a 27 month 10k mile lease. Total monthly $235. I also got mine from Lexus of Cerritos.
Just for reference, mine had an MSRP of $41,858 and negotiated purchase price of $36,000. My MF was 0.0011 (I did not use MSDs), with a $2,000 cap reduction, $830 cap addition, RV 74% on a 27 month 10k mile lease. Total monthly $235. I also got mine from Lexus of Cerritos.
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#8
Lexus Test Driver
In socal, you could have done better. The regional program for a base car is much less. As someone already said, do your research before and don't get caught up in the heat of the moment when you spot a car on the lot.
As far as putting money down.... it's not a bad thing. Depends on what you value more, paying money upfront or burying it in your payments. If you total it, most insurance companies provide gap insurance so you are not out the down payment. If yours doesn't, many leases include free gap insurance or you can buy it seperately.
Nice car and enjoy!
As far as putting money down.... it's not a bad thing. Depends on what you value more, paying money upfront or burying it in your payments. If you total it, most insurance companies provide gap insurance so you are not out the down payment. If yours doesn't, many leases include free gap insurance or you can buy it seperately.
Nice car and enjoy!
#9
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Based on those numbers, your MF (money factor) is about 0.0011 or 2.64 APR. it also looks like your RV (residual value) is about 66%. That is based on a cap reduction of $3,000 and cap addition of $830. Just for reference, mine had an MSRP of $41,858 and negotiated purchase price of $36,000. My MF was 0.0011 (I did not use MSDs), with a $2,000 cap reduction, $830 cap addition, RV 74% on a 27 month 10k mile lease. Total monthly $235. I also got mine from Lexus of Cerritos.
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I have to correct my original post, as my numbers were a little off when I checked my paperwork this morning. My purchase price was $36,600 not $36,000. And my monthly is $250 not $235.
#11
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250 RWD non F Starfire Pearl/Flaxen nuluxe with Navi/Premium/Accessory packages, BSM, and 18's. I have to correct my original post, as my numbers were a little off when I checked my paperwork this morning. My purchase price was $36,600 not $36,000. And my monthly is $250 not $235.
So if your purchase price was 36600 and mine was 36861 and we had the same MF only big difference was ur RV was better than mine but I put 3000 and you put 2000 how did you get a way lower monthly payment??
#12
Lexus Test Driver
250 RWD non F Starfire Pearl/Flaxen nuluxe with Navi/Premium/Accessory packages, BSM, and 18's.
I have to correct my original post, as my numbers were a little off when I checked my paperwork this morning. My purchase price was $36,600 not $36,000. And my monthly is $250 not $235.
I have to correct my original post, as my numbers were a little off when I checked my paperwork this morning. My purchase price was $36,600 not $36,000. And my monthly is $250 not $235.
Thanks,
Bill G
#13
Lexus Test Driver
Axx - I recommend that you google "how to calculate an auto lease" and you will find a wealth of information that will help you in the future.
Bill
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My RV was 74% based on an MSRP of $41,858 putting my RV at $30,974 and MY total cost at $9,111 over 27 months. With my $2,000 down, it drops my cost to $7,111 or around $250 a month give or take a few dollars.
Because my RV was higher and my term is less, my monthly is less even though you put $1,000 more than me.
Not trying to interfere with what lost808 might say, but residual value is another of the major factors used to calculate a lease payment. The RV is subtracted from the adjusted cap cost to determine how much depreciation you will pay over the term of the lease. Therefore, a higher RV will reduce your lease payment.
Axx - I recommend that you google "how to calculate an auto lease" and you will find a wealth of information that will help you in the future.
Bill
Axx - I recommend that you google "how to calculate an auto lease" and you will find a wealth of information that will help you in the future.
Bill
Last edited by Lost808; 03-13-14 at 09:42 AM.