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residuals on LX470 leases

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Old 12-20-05, 09:25 PM   #1
Da Hapa
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Join Date: Apr 2002
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Default residuals on LX470 leases

Hi everyone.

My wife and I are here in S. CA and we're thinking of taking the plunge into LX ownership. We were originally going to finance the purchase but now I'm thinking about leasing given the uncertainty of fuel prices and it's potential affect on resale values.

As I understand it, the LX has usually had good resale, right?

Does anyone have a feel for a good residual value to use when computing a lease price for a 36 or 48 month lease (15K miles a year)? Thanks in advance.

Christian
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Christian and Dawn Asis
2010 Audi A6 Avant - the new daily driver
2008 Porsche 911 Carrera S - the weekend car
1997 Lexus LS400 "Coach" Edition- the Angel game car
2006 Lexus LX 470 & 1998 Acura NSX - gone, but not forgotten.
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