SW17LS

Hey all-

I got a December to Remember email from my dealer with an interesting lease deal. $699 for 27 months on a $79k model with like $5,400 down. Now, obviously I wouldn't put $5,400 down but it got me thinking that with some negotiating I might be able to get into an LS for not much more than I'm paying for the GS.

Anybody willing to share some recent lease info? Money factors and residuals?

Thanks in advance.

ServiceGuy

holy crap, thats much better than the advertised special here in cali. its like 6k down, and 899/month.

in my other thread i said i was shopping for a used 2013, but at this price, it would make sense to lease it first and buy it after the lease is done.

SW17LS

Yeah I was very surprised, I'll take a PDF of it and post it

nsaldanh

september LS deal - money factor .0009; residual 53% on a 3 year 12K/year lease

SW17LS

Using those figures adjusted for 15k (2% off the residual typically), with acquisition and tags down and taxes out of pocket on an MSRP $78,680, $7k off sticker cap cost of $71,680...payment comes out to $1,008.64 which ain't great.

Does anybody know values on these 27 month leases?

I'd consider it around $850 a month, but I'm not going to pay $400 more than a lease for a new GS would be...

ServiceGuy

this from so cal website, insane.

and i just noticed your MSRP is 4k more than this one

2014LS460
$899mo.36mos.
$5,999due at signing.
Excludes official fees, taxes and dealer charges. No security deposit required. 10,000 mile/year limit.
*Available on approved credit to very well qualified customers through Lexus Financial Services and participating Lexus dealers on a new 2014 LS 460. Not all customers will qualify. Offer based on MSRP of $75,901 including delivery, processing and handling. Monthly payment may vary depending on final price of vehicle & your qualifications. You pay $0.25 per mile over 10,000 per year. See dealer for vehicle and lease program details. Must take delivery by 1/5/2015. This offer is available in CA, NV, AZ, NM, CO, UT, ID, OR, WA, AK.
Email Offer | Print Offer

FastTags

@699+tax 27/m residual ?????.

SW17LS

The difference must be 27 vs 36 months in the SoCal offer.

I will copy paste this one this afternoon.

Thanks Tags! Makes sense.

FastTags

I am gonna change my post to calculation of 36m instead since i have more information. Hold on

FastTags

Sale price comes out $70,000

If down payment rolled in payments $1073/m

ServiceGuy

thx fasttags. so its a regional market kinda thing

FastTags

Well, dealers have to discount the car to achieve advertised payments

SW17LS

Thanks! That's about my calculations too. Big discounts should be doable on this car, I wonder if the residuals are better on a 2015 enough to make up for the difference in SP

FastTags

When I was shopping for GS, i looked into buying LS460 fsport, @$82, the dealer told me he will sell a@72, which I thought was a pretty good deal, then again this was just dealer talking

SW17LS

Oh yeah I hear stories of deals like that all the time. Issue with leases is the residuals are low.