Anyone able to get their paws on the numbers for 36 or 48. My sources are coming up blank....

 

Residual Numbers for 2006 IS350

36 month lease, 60% residual

39 month lease, 57% residual

48 month lease, 48% residual

 

for 15,000 miles/yr the IS250 w/o Navigation is 62% for 36 months, 59% for 39, and 50% for 48
IS250 w/ Navigation is 60%,57%,48%

@ 15,000 mi/yr the IS350 is virtually the same.

If leasing @ 12,000 mi/yr add 2% to the residual value.

These values are generous and may tilt towards leasing. The GS300/430 values were rather conservative when they came out initially and were not as lease friendly as the new IS residuals.

 

Does anyone have any money factor numbers from Lexus?

 

I just looked up the GS300 base rate and it seems like .00225 is the money factor. I wonder if it will be higher for the IS? Well, I just calculated a payment of $670.55 for a 36 month lease using the .00225 mf with a residual of 60%, msrp of $42,500, and a tax rate of 7.25%..

 

Is this for 12k/year or 15k/year miles?

Also does LFS do leases for 10k/year miles? If so, what's the residual?

 

It's for 15,000 miles per year

 

Maybe some banks will. The residuals may not be as generous from the banking sector however.

 

Interesting to use this info to compare the residual values of a $42,000 IS250 without nav to the same car with the $2,550 nav package, i.e., total $44,550.

After four years (at 15K mi/yr), the projected value of the non-nav car is $21,000 and the nav-equipped car is $21,384.

So the nav system is projected to add merely $384 to the value of the car four years from now.

Of course by then probably most cell phones will include GPS mapping.

 

So based on the information that you and lexus_x_2 posted, a 12K mile/year 36 month lease on an IS350 with navigation would be a 62% residual? Is that correct?

 

OK can somebody explain to me how this works?

60% residual would make a 30k dollar IS250 depreciate 12000 dollars in 36 months, which works out to be $333.33 per month in depreciation. So what else gets added in there? What's the money factor? The interest rate?

 

the second part of the lease payment is from "rent charge", which is basically the financing to drive around a brand new vehicle for 3 years. money factor x 2400 gives you the interest rate on the financing portion.

here are two good sites if you want more info :

http://www.edmunds.com/advice/leasin...5/article.html

http://www.leaseguide.com/lease08.htm

 

I just called my local dealer and he said the MF is .00275 on a IS350. Seems a bit high but we will see. I will get residual numbers soon.

 

Residual is 60% on a IS350 with 15k miles according to my local dealer.

 

in their lease residual projections. When Nav came out in 1998 they didn't think that the future value would maintain the spread in price between the Navigation equipped models and the non nav. We are now in our fifth Generation Nav system on the IS and Nav is more popular than ever on the new and preowned cars so I think LFS unfairly penalizes the Nav option. As a matter of fact some of the preowned Lexus are hard to find with Nav and they bring a premium price. If they don't have Nav the higher price level the model the longer it sits on the lot. I am very happy with the residuals that have been published by LFS on the IS250/350's. I would definitely lease this car because you have more options after the 3-4 year year period is up and you get more leverage with your car payment. You have less exposure to loss too. Cars are not investments unless you are buying vintage or exotic cars and you're a collector.