IS - 3rd Gen (2014-present) Discussion about the 2014+ model IS models

where can i get the residual value?

Thread Tools
 
Search this Thread
 
Old 03-10-14, 10:56 AM
  #1  
joedaddy1
Racer
Thread Starter
iTrader: (1)
 
joedaddy1's Avatar
 
Join Date: Dec 2005
Location: Orange County
Posts: 1,861
Received 177 Likes on 138 Posts
Talking where can i get the residual value?

Short of a dealer?

looking for 36month lease 350 RWD 12k or 15k.

thanks
Old 03-10-14, 04:41 PM
  #2  
moose66
Lexus Test Driver
 
moose66's Avatar
 
Join Date: Aug 2007
Location: North Carolina
Posts: 1,084
Likes: 0
Received 2 Likes on 2 Posts
Default

Try this. Not sure about accuracy. But it is a source.

http://www.cars.com/go/alg/index.jsp#
Old 03-10-14, 05:32 PM
  #3  
crazych42
Pole Position
 
crazych42's Avatar
 
Join Date: Oct 2013
Location: VA
Posts: 317
Received 11 Likes on 11 Posts
Default

Originally Posted by moose66
Try this. Not sure about accuracy. But it is a source.

http://www.cars.com/go/alg/index.jsp#
Not very accurate at all.

Try:

http://forums.edmunds.com/discussion...e-questions/p2

or

http://www.ridewithg.com/lexus-lease-rates/

I haven't been able to verify the residual for March, but for 36 months it was around 62% for 15K miles. I think it might be a tick or two points lower to around 60% or even lower now. 12K miles will be 2% points higher than 15K miles. The MF for tier 1 is .00085 which is really low.
Old 03-10-14, 08:57 PM
  #4  
joedaddy1
Racer
Thread Starter
iTrader: (1)
 
joedaddy1's Avatar
 
Join Date: Dec 2005
Location: Orange County
Posts: 1,861
Received 177 Likes on 138 Posts
Default

thanks. i dont understand why lexus doesn't post up the numbers?

The dealers won't tell me the % and keep on asking me what kind of monthly payments i am looking for.. lol
Old 03-10-14, 10:05 PM
  #5  
redlined2
Driver School Candidate
 
redlined2's Avatar
 
Join Date: Feb 2014
Location: Florida
Posts: 16
Likes: 0
Received 0 Likes on 0 Posts
Default

I'm pretty sure it's.

62% for 36
72% for 24
70% for 27

all at 15k per month

MF is .00085

Let me know if I am correct, I will be leasing myself at the end of the month or next month.

EDIT: there are is250 numbers. 350s are usually 1% less.
Old 03-11-14, 03:02 AM
  #6  
moose66
Lexus Test Driver
 
moose66's Avatar
 
Join Date: Aug 2007
Location: North Carolina
Posts: 1,084
Likes: 0
Received 2 Likes on 2 Posts
Default

Originally Posted by joedaddy1
thanks. i dont understand why lexus doesn't post up the numbers?

The dealers won't tell me the % and keep on asking me what kind of monthly payments i am looking for.. lol
Your last couple of words say it all. If you qualify, they can back you into anything. Asking for a monthly payment number, is the dealership trying to see how much they can make off of you.
Old 03-11-14, 08:19 AM
  #7  
vapid2323
Pole Position
 
vapid2323's Avatar
 
Join Date: Jun 2012
Location: WA
Posts: 373
Likes: 0
Received 0 Likes on 0 Posts
Default

Residual can change based on features, for example nav or no nav.
Old 03-11-14, 08:33 AM
  #8  
SC300Es
Pole Position
 
SC300Es's Avatar
 
Join Date: Sep 2002
Location: New York
Posts: 2,432
Received 63 Likes on 44 Posts
Default

The admin at the Edmunds forum posts it regularly. I think crazych already posted the link.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
griffinpak
NX - 1st Gen (2015-2021)
4
12-14-17 10:53 AM
cadenton
RX - 3rd Gen (2010-2015)
8
05-06-17 09:22 PM
ddotderek
Lexus Vehicles Classifieds
0
08-16-15 02:02 AM
jmoney6
Car Chat
12
03-07-15 05:09 PM



Quick Reply: where can i get the residual value?



All times are GMT -7. The time now is 02:34 PM.