andy1gg

Seems about right. Before I got my 250 fsport they quoted me for 350 fsport msrp 58k 1200 down 26 month lease 10k miles a year for 470 a month. That's with no trade involved.

OHHFSHO

First post of the forum:

I've been quoted:

$44,000 before T&L at Cerritos Lexus

$43,330 before T&L at Keyes in Van Nuys

IS350 F-Sport with Nav + ML System, Blind spot monitor, basically fully loaded.

azmojo

You didn't provide precise details but based on what you said invoice is about $44753 so $43330 is about $1400 under invoice which is great if it's a 2015 at Keyes.

And it's not fully loaded, there are several more options that these cars can have that you didn't list.

Megaman

If anyone has any questions in regards to deal structures, inbox me, I am a salesman at Newport Lexus

gmanusmc

Yeah - can you structure an IS350 f-sport lease payment down to 250 a month with zero drive off?

Just kidding.

Thanks for the offer - I'm sure there's some folks here that will take you up on it.

FPerform

2015 Lexus IS 350 AWD
MSRP - $47,480
Exterior: Atomic Silver
Interior: Black
Premium Pkg
Nav System Pkg
Preferred Accessory Pkg
BSM/RCT

Got about 5% out the door from MSRP, didn't do too great tbh. Only reason I did it was because I got fairly good trade-in value for my 2014 Lexus IS250 relative to other places, which was in an accident with frame damage.

Also, went to check out a 2014 IS350 F Sport(MSRP $48,803) but the battery was dead and had to be replaced and they were still asking for a lot. It was pretty absurd.

gmanusmc

Hope they did not ding you too bad on the trade (no pun intended).

Congrats on the upgrade - enjoy!

titleistek

First, I want to thank everyone on this forum for sharing their experiences, expertise, and positive and negative feedbacks. I have learned a lot about leasing from all of you!

New member to this forum, 1st post on this forum, 1st time leasing a car, 1st time customer with Lexus.

After a lot of reading, I started my shopping process by emailing every internet manager for every lexus dealership in SF bay area, Norcal, and a few in Socal. I did a simple “google” search, looked under the “meet us” section and started sending out emails. If I wasn’t able to find their emails, I just left a message under the “contact us” section, stating I’m looking for a 2015 Lexus IS 350 f sport, ML audio/navi, blind spot, floor mats, trunk net, wheel locks.
Here’s what I got from emails and phone conversations. I know verbal quotes don’t mean ****** but it was a start. All prices before tax, title, license fees. I was looking for 10-15% off msrp.

Freeman, Valley, Fresno, Bakersfield, Concord, Monterey: no response
Redwood city: $43055 (phone)
Marin: 4K off msrp (email)
Pleasanton: 4K off msrp (email)
Oakland: won’t send prices via email. Don’t know why
Roseville: $44795 (email)
Sacramento: $43935 (email)
SJ: $45755 (email)
Fremont: $4K off msrp (email)
Glendale: $45000 (email)
Keyes Van Nuys: 4K off msrp (email)
Longo: $44500 (phone)
Santa Barbara: $44895 (email)

So here is my deal: I decide to go to Putnam lexus because of the $43055 quote over the phone. 36 month/36K miles.
Selling price: $43055.
Residual: 63%=30655
MF: .00018 (max 9 MSD’s)
Drive off: $998
MSD: $3375
Doc fee: $80, Acq Fee: $700, License fee: $393
Rebates/Incentives: $1000 new grad + $500 Lexus IS 250/350
Monthly Payment: $363 with tax (Cali 9%) x 35 months
Took delivery yesterday on my black on black 2015 Lexus IS 350 F sport, ML audio/navi, blind spot, tint windows, trunk net, floor mats, wheel locks.

What do you guys think? What could I have done better? What areas can I improve in for the next lease? Thanks again everyone!

rp2000r

I was quoted from Cerrito's, Bev Hill's and Santa Monica for a Silver Lining 15 350 RWD F, BSM, Mark/Nav, Spoiler, Acc Package $42,900 on first try 3 months ago. MSRP was right around $49K. I know I could've gotten it cheaper but purchased local in WA for 43,895 in Atomic.

socal28

I think this is a great deal considering 63% residual and higher MF (but this depends on credit). I'm assuming lease deal is with 15k mpy? Or did the residual decrease and MF increase for April? Also, what is the MSRP including desti?
Great that you also got to use the new grad additional discount and took advantage of MSD's.
Putnam is where I got my deal from as well. They should know how to do MSD transactions now since I was the 1st to start it with them.

noneil277

Fully loaded brand new '15 IS 250, $46k manufacturer window sticker

drove off with only $1000 down, $449 month.
feel good about it, seems like a good deal to me. took some back and forth but got there.

this is my secondary car for the wife and baby.

titleistek

Msrp=$48659
Residual was 63% for 36 month. 12k mile/ year=36 k miles total.
MF= .00018.
Credit score close to 800.

Residual of 63% for April was confirmed by Santa Barbara and Longo.

thanks!

titleistek

Socal28. Can you help me understand why the MF is high? Did I get screwed on that part? What should have the MF been? I know Santa Barbara and Longo emailed me .0007 (no MSD's, that's tier 1 for Lexus).

Thanks!

gmanusmc

I'm sure socal28 will respond but I'd like to assure you a .00018 money factor is not high. There's a lot of people on this forum who would love to have gotten that. You did very well and got a super deal on your car. I think I recall socal28's deal might have been a little more aggressive, but I'm not sure. Looks like they used a starting MF of .0009 to get you to the .00018 with the MSDs - if they had started with the .0007, your money factor would've probaby been .0001 with the MSDs because I believe that's as low as Lexus will go, even with max MSDs.

You did very well and should be proud of your deal - I think it's probably in the top 5-10% of the 3IS deals posted on this forum.

socal28

I started out with the buy rate of .0007 and used 8x MSD's to get to .00006.
Yes, none-the-less, you did still got a great deal!