Griffey222

I am new to this forum, so any help would be appreciated. I have long been a German car guy, bu tthe time has come to make the leap to Lexus (o maybe Acura or Infiniti). The little quality issues I have encountered with my A4, TT and 330 have driven me CRAZY. Anyway. For those that have leased an IS350, what can I expect on a 4 year lease with minimum out of pocket $$'s? Thanks so much for the help. I drove the car over the weekend and pretty much love the thing...

mcfly

If you search, you'll find a number of threads on leasing. Basically, there are no deals right now. Your best bet is negotiating as hard as you can on the actual price of the car, because residuals and money factors aren't so great... not because the car won't hold it's value, etc. but simply because it's new, they can charge you a higher interest rate on the lease, and they don't really know yet what it will be worth when the lease is up.

Griffey222

So, how long will it be before the time is right to jump on one of these vehicles? Does Lexus generally run good lease deals or are they hard to come by?

Lem144

They arent as aggressive as what you're used to, I'm sure. And they arent as aggressive as Infiniti and even Acura. They tend to push better deals towards the end of a life-cycle (the old ES) and during their December to Remember event. That's about it for now.

Griffey222

That' what I have heard about Lexus. But you get what you pay for right! Thgis seems like a prime $399, $3K out of pocket or $499, $1K out of pocket type of car to me? BMW and Acura run these deals all day on similar cars...

Lem144

They do run them on the ES $399. That is a higher-volume car than the IS. Or has been. It's cheaper for them to produce since it shares mechanicals with the Camry. I could see an IS lease like that one day, just not now - not with them flying off lots.

Wid IS350

Pay with cash - this has proven to be the best angle for me time and time again.

Only lease if you have an Aunt that works in a Mass. Lexus dealership.

Griffey222

So, what kind of "deal" could I expect right now? Somehwere in the $550 range with minimal out of pocket $?

diablo1

With no money down you are probably looking at more like $650-700 range, depending on taxes, how good a deal you get, and what options you want.

AsianGirl007

iTrader: (1)

The next special leases program they will run is in August for "Golden Opportunity" which is the year end model "sale". You can probably expect something happening on the '06 then.

Kipperm13

In NY I got my IS350 with LT and PA for $543 a month for 36 months with $12,000 miles and only paid taxes up front I though it was a great deal

diablo1

"only taxes" upfront is actually a lot. it's the same as about a $2000 cap reduction/down payment. plus you have to pay first month, title and license fees, and the finance charge if you are leasing ($600 standard I believe).

Wid IS350

I guess states will vary - in the past when I used to lease, the upfront tax was minimal, but you paid tax on each monthly payment.