jameshan

iTrader: (1)

Hi I'm currently in the process of leasing a 2017 Lexus is200t F-Sport in Washington. Was wondering if I was getting a fair deal.

MSRP: $46,794
Sale Price: $44,302
Residual: $27,140.52
5k down/2k rebates
36/10
Money Factor: .00095(I have bad credit but my cosigner has good credit)
Monthly Payment(inc. tax): $536.74
Total Cap Reduction: $5,406

nathantse

Horrible deal.

WITH 5K down? 536$ a month on a IS200T?

jameshan

iTrader: (1)

What should be adjusted?

nathantse

Sale price for starters.

Check this thread for prices that some ppl got.. https://www.clublexus.com/forums/is-...250-350-a.html

For references, I got a '16 IS350F, msrp @49,433, got it 47,500 OTD. The sale price for the car was roughly 42,xxx

I'm purchasing so, I'm paying $507 a month for 3 years.

premier3IS

This is like the worst deal I've ever seen. Run from this dealer and never come back lol. 500+ a month with 5k down???? You should've laughed and walked away.

jameshan

iTrader: (1)

It's one of those lexus + dealers with no haggling on sales prices...(apparently)

anamynous

Which dealership are you working with? I hope it's not Bellevue. I would recommend Lexus of Tacoma at Fife. Bellevue had the ****tiest service ever and Tacoma ended up giving me a much better deal for my 2015.

jameshan

iTrader: (1)

Yeah it is Bellevue lol. I'm going to Lexus of Seattle(lynnwood) today. They already said they can offer a better deal. I live in Edmonds so Fife is a bit of a drive for me but I have heard good things about them.

JDR76

I also live in Edmonds and always use Lexus of Seattle.

I would not put money down on a lease. You'd be better off using that $5k as multiple security deposits to get that money factor down.

You can see other deals on here to get an idea, but in Washington you'll pretty much never get the deals you can get in California.

jameshan

iTrader: (1)

What was your deal??

Break2

I bought a 2016 300 F sport at the end of the year. I put $2000 down, 12K a year, 36 month lease, fully loaded, except ML audio. Sticker was just shy of $50K. I got it out the door for $395 a month. Buy out is $27K.

3actual

Honestly if you have bad credit you should buy something inexpensive and work on your credit instead of leasing a luxury car.

awynters6

I got my 2017 is200t for $450 per month with 0 down and a buy out at 23k with my broker.

Tilley

Ouch. I just leased a '17 IS350F with Nav and Mark Levinson surround. Got them down to $42.5K out-the-door, 12K miles per year for 36 months, $1K down... $507 per month.

nathantse

42.5k otd on a 50k car? How?

Thats more than 10k off msrp.