Originally Posted by mrtrance

One of the dealers quoted me a 0.00120 money factor so far on a GS350 RWD.

Originally Posted by Valley101

Romini, if by cali you mean California, you had better double check. I lived in CA for 30 years, and before I left there in 2004, you worked out price for the car and the tax was computed on the agreed upon total price and that amount is divided by the number of payments and the tax added to that amount each month which means you are paying tax on the total agreed upon price of the car, not just the amount of the lease. That was the reason I never leased a car while living there. I dealt with the owner of the Toyota facility and even he agreed it was not fair, but that is what the CA law required at that time. Do not take a salesman's word for it!

Originally Posted by rominl

i have to say i first started leasing in 2005. for sure i don't take words from sales, most of the time i do math better than they do. unless i did the calculation wrong, i recall doing the calculation on just the portion of the car i own and that number came out very close to the numbers from dealerships. if the cap cost is used instead, that's easily sales tax on 20k, which comes out to be around 1800 bucks or 50 bucks a month.

maybe some more people from ca who leases can comment more (will see if i can dig out my old math still)

Originally Posted by 808LexGS

I just leased my 2010 GS350 RWD over the weekend and the Money Factor was .00085 with 53% residual.

Originally Posted by skiptomylo

Is this for a 3 year lease?

Originally Posted by skiptomylo

Does the residual change with the amount of miles your allowed?