Sonik

I put $2500 down (positive equity of a negotiated trade in) and pay $482.91 for 27 month /10k miles on my IS350 Fsport. Don't recall the sale price at the moment.

kbbean08

2014 IS350 non F but with luxury package.
MSRP: 48098
24 month lease / 12K /year
$0 drive off -
464 / month -1st month free, 23 payments left.
Located in SoCal.

sirblinks

iTrader: (2)

Wow, that's pretty good!

Got mine through an autobroke in socal:
IS250 non F but with luxury package.
MSRP: 39 and some change
24 month lease 10k yr
Delivered car to me $0
402/month- 1st month free

lexi90

Anyone here from the Northeast? I'm in CT and I'm wondering what deals some of you are getting in the tri-state area. Thanks for sharing.

dasbuch

Question from someone who has never leased -- I never see anyone discuss the per mile overage charge when summarizing a lease deal. Is this because it's one flat per mile rate that doesn't vary between contracts so everyone already knows the cost? Or is it just that most folks are confident enough they will stay under mile allowance that they don't worry about it?

It just seems like an important term of the contract to me. Not knowing exactly how many miles per year I might need to put on a car is one of the reasons I won't lease.

bigl27x

Usually there is an per mile charge after you have passed you allowed miles per you lease. Its usually .20 to .30 cent a mile and usually if you lease another car from the dealer they will cut in half the overage amount of miles you went over....... or even just waive it.

bigl27x

Same here wondering what people in the tri state are paying for their leases.... seems like CA are getting some good deals

lexi90

I agree. CA is getting some "out-of-this-world" deals Hopefully someone is brave enough to share some deals here in the east coast.

dasbuch

Do they really ever waive it though, if it's significant? If they do, I bet they will tack on the cost to the next lease payment. The cost can really add up. At .30 per mile, if I changed jobs for example and had to put 5k more miles per year than I thought I would, that effectively adds another $125 a month to the lease payment (.3 times 5000 divided by 12 months). On a $450/month lease, that's adding up to 30% of their revenue. There is no way a dealership can afford to take a loss of 30% just to reward someone for return business, they're going to roll it into your next lease payment so it's less recognizable for what it is, IMO.

Kalel250

iTrader: (1)

Nice deals. I'll have to look into this

Thunderwuf

drbazing, do you mind sharing which dealership in CA you got the lease from? Who did you work with? I have been contacting several SoCal dealerships and feel like they don't seem too enthused. Perhaps they have a lot of demand lately... Thanks for the info.

drbazing

I pretty much got the deal from Santa Monica, but San Diego matched it so then I took it to save me the drive.

jaybF

Paying $389 a month for a 2015 Lexus IS250 FSport, UW/RR.
27 months/7500 miles a year
$0 out of pocket
happy with it

henhowc

Been looking at leasing and was reading up on MSDs.

Is there any reason NOT to use them to lower your MF/interest rate if you have the money available to do the max? I can't really find any downsides as it literally sounds like you are giving the dealer your money to hold and you get a pretty decent return on interest? Kind of like a CD in a bank?

BOBFSPORT

IS350 F Sport - $399 a month, 27 months, 12 k a year, full msds (around 5k you get back at end of lease), 0 down otherwise.