Price Paid for an IS250/350?
#871
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Called a different dealer this morning and priced out a lease deal. He came back with $589/month. I asked what money factor he was using and he refused to tell me unless I came into the dealership and sat down with him, stating in his 28 years of experience he never disclosed that information over the phone.
Went to the dealership to pick up my car later in the day and the sales manager I previously negotiated with was not there. Got stuck with a random F&I woman and brought up the money factor issue. She was not willing to negotiate, trying to convince me that I was getting a "special rate." At this point, I could see my car through the windows of the office and after 30 minutes of talking in circles I knew the conversation was going nowhere.
Left with a bad taste in my mouth considering it was my first leasing experience. But, the car is beautiful and it is exactly what I wanted. Can't wait for the rain to pass here in Houston and take her out!
Went to the dealership to pick up my car later in the day and the sales manager I previously negotiated with was not there. Got stuck with a random F&I woman and brought up the money factor issue. She was not willing to negotiate, trying to convince me that I was getting a "special rate." At this point, I could see my car through the windows of the office and after 30 minutes of talking in circles I knew the conversation was going nowhere.
Left with a bad taste in my mouth considering it was my first leasing experience. But, the car is beautiful and it is exactly what I wanted. Can't wait for the rain to pass here in Houston and take her out!
Dont Sweat it !
If the payments are where you want it and you could afford it. take it just your next lease really double check, and dont let them not tell you information you should definitely know. Enjoy the new car! Congrats!
#873
Worked a deal for my cousin on a an IS250 awd F Sport....
MSRP: 45,233
Here is the deal:
27 month lease
10,000 miles per year
$1,700 out of pocket plus $3,000 in MSDs.
$359 per month
Thoughts?
MSRP: 45,233
Here is the deal:
27 month lease
10,000 miles per year
$1,700 out of pocket plus $3,000 in MSDs.
$359 per month
Thoughts?
#874
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Join Date: May 2014
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I leased an uw, red interior, IS250 f sport rwd, msrp 45k (dealer installed $800 lo-jack)
final negotiated price was $37,250
27 month, 10k, $0 down, $375 a month inc. tax
so cal.
#875
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0.00085 MF for tier 1
I know 27 month off the top of my head for 10k (72%), 12k (71%), 15k (69%)
36 month, I think you subtract 2% for the residual.
#876
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Called a different dealer this morning and priced out a lease deal. He came back with $589/month. I asked what money factor he was using and he refused to tell me unless I came into the dealership and sat down with him, stating in his 28 years of experience he never disclosed that information over the phone.
Went to the dealership to pick up my car later in the day and the sales manager I previously negotiated with was not there. Got stuck with a random F&I woman and brought up the money factor issue. She was not willing to negotiate, trying to convince me that I was getting a "special rate." At this point, I could see my car through the windows of the office and after 30 minutes of talking in circles I knew the conversation was going nowhere.
Left with a bad taste in my mouth considering it was my first leasing experience. But, the car is beautiful and it is exactly what I wanted. Can't wait for the rain to pass here in Houston and take her out!
Went to the dealership to pick up my car later in the day and the sales manager I previously negotiated with was not there. Got stuck with a random F&I woman and brought up the money factor issue. She was not willing to negotiate, trying to convince me that I was getting a "special rate." At this point, I could see my car through the windows of the office and after 30 minutes of talking in circles I knew the conversation was going nowhere.
Left with a bad taste in my mouth considering it was my first leasing experience. But, the car is beautiful and it is exactly what I wanted. Can't wait for the rain to pass here in Houston and take her out!
#878
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Join Date: May 2014
Location: CA
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Sticker price $44,185
Residual (72%) = $31,813
Net capitalized cost: $40,250
lease amount: $8437 / 27 = $312.48 before MF
Net capitalized cost + residual= $72063
MF: 0.00085
Interest: $61.25
$312.48 + $61.25 = $373.73/ month
You forgot the MF I think...
The MSRP is $44,185 (lo-jack can't be added on by the dealership as part of residual calculation).
$325 would be one hell of a deal though
Last edited by dk1017; 05-12-14 at 10:11 PM.
#879
Lead Lap
iTrader: (2)
MSRP without lojack is 44,185 for a fully loaded f sport is250 (with delivery fee).
Sticker price $44,185
Residual (72%) = $31,813
Net capitalized cost: $40,250
lease amount: $8437 / 27 = $312.48 before MF
Net capitalized cost + residual= $72063
MF: 0.00085
Interest: $61.25
$312.48 + $61.25 = $373.73/ month
You forgot the MF I think...
The MSRP is $44,185 (lo-jack can't be added on by the dealership as part of residual calculation).
$325 would be one hell of a deal though
Sticker price $44,185
Residual (72%) = $31,813
Net capitalized cost: $40,250
lease amount: $8437 / 27 = $312.48 before MF
Net capitalized cost + residual= $72063
MF: 0.00085
Interest: $61.25
$312.48 + $61.25 = $373.73/ month
You forgot the MF I think...
The MSRP is $44,185 (lo-jack can't be added on by the dealership as part of residual calculation).
$325 would be one hell of a deal though
#880
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It was brand new! still wrapped up with 6 miles.
I went on the last day of the month and had negotiated the price down to 37,900 (over a span of 2 weeks) with practically every dealership in so cal via email/ phone calls BEFORE entering the dealership. I went to the dealership around 4:30pm, no other customers besides me... on the last calendar month. My sales guy told me that he could sell the car easily. I was planning on leasing a car in July, so was in no rush. I told him I'll try next month because I'm really in no hurry (wasn't a bluff, I really was about to leave). He said if he gets it down to $37,250 (what I wanted), would I have his business. I shook on it. He spoke with his manager, and voila.
#881
Lead Lap
iTrader: (2)
well, there is a 875~900$ delivery fee that's tacked onto the MSRP. + first aid kit and some other things that brings it a hair above $44k.
It was brand new! still wrapped up with 6 miles.
I went on the last day of the month and had negotiated the price down to 37,900 (over a span of 2 weeks) with practically every dealership in so cal via email/ phone calls BEFORE entering the dealership. I went to the dealership around 4:30pm, no other customers besides me... on the last calendar month. My sales guy told me that he could sell the car easily. I was planning on leasing a car in July, so was in no rush. I told him I'll try next month because I'm really in no hurry (wasn't a bluff, I really was about to leave). He said if he gets it down to $37,250 (what I wanted), would I have his business. I shook on it. He spoke with his manager, and voila.
It was brand new! still wrapped up with 6 miles.
I went on the last day of the month and had negotiated the price down to 37,900 (over a span of 2 weeks) with practically every dealership in so cal via email/ phone calls BEFORE entering the dealership. I went to the dealership around 4:30pm, no other customers besides me... on the last calendar month. My sales guy told me that he could sell the car easily. I was planning on leasing a car in July, so was in no rush. I told him I'll try next month because I'm really in no hurry (wasn't a bluff, I really was about to leave). He said if he gets it down to $37,250 (what I wanted), would I have his business. I shook on it. He spoke with his manager, and voila.
#882
Driver School Candidate
Join Date: May 2014
Location: CA
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And thanks! If this deal didn't go through, I was planning on finding an is350, but knew I probably wouldn't get that much of a discount as I did for the 250. The 250 serves its purpose though.
#883
Lexus Test Driver
well, there is a 875~900$ delivery fee that's tacked onto the MSRP. + first aid kit and some other things that brings it a hair above $44k.
It was brand new! still wrapped up with 6 miles.
I went on the last day of the month and had negotiated the price down to 37,900 (over a span of 2 weeks) with practically every dealership in so cal via email/ phone calls BEFORE entering the dealership. I went to the dealership around 4:30pm, no other customers besides me... on the last calendar month. My sales guy told me that he could sell the car easily. I was planning on leasing a car in July, so was in no rush. I told him I'll try next month because I'm really in no hurry (wasn't a bluff, I really was about to leave). He said if he gets it down to $37,250 (what I wanted), would I have his business. I shook on it. He spoke with his manager, and voila.
It was brand new! still wrapped up with 6 miles.
I went on the last day of the month and had negotiated the price down to 37,900 (over a span of 2 weeks) with practically every dealership in so cal via email/ phone calls BEFORE entering the dealership. I went to the dealership around 4:30pm, no other customers besides me... on the last calendar month. My sales guy told me that he could sell the car easily. I was planning on leasing a car in July, so was in no rush. I told him I'll try next month because I'm really in no hurry (wasn't a bluff, I really was about to leave). He said if he gets it down to $37,250 (what I wanted), would I have his business. I shook on it. He spoke with his manager, and voila.
#884
MSRP without lojack is 44,185 for a fully loaded f sport is250 (with delivery fee).
Sticker price $44,185
Residual (72%) = $31,813
Net capitalized cost: $40,250
lease amount: $8437 / 27 = $312.48 before MF
Net capitalized cost + residual= $72063
MF: 0.00085
Interest: $61.25
$312.48 + $61.25 = $373.73/ month
You forgot the MF I think...
The MSRP is $44,185 (lo-jack can't be added on by the dealership as part of residual calculation).
$325 would be one hell of a deal though
Sticker price $44,185
Residual (72%) = $31,813
Net capitalized cost: $40,250
lease amount: $8437 / 27 = $312.48 before MF
Net capitalized cost + residual= $72063
MF: 0.00085
Interest: $61.25
$312.48 + $61.25 = $373.73/ month
You forgot the MF I think...
The MSRP is $44,185 (lo-jack can't be added on by the dealership as part of residual calculation).
$325 would be one hell of a deal though
Also if you can PM the dealership you got it from that would be great.
Last edited by mrtrance; 05-13-14 at 01:33 AM.
#885
Driver School Candidate