09 Lexus ES350 Lease Rates for January 2009

MY TAKE: It was a tough call to put this on a DO NOT LEASE post, but the fact is, the residual is just too low. The Infiniti M35 suffers from the same problem. Even if you lower the money factor, it still doesn’t seem to keep the car cheap enough for leasing. You could drop your mileage allowance down to 10k per year to help boost the residual, but still, I just don’t think it helps unless there’s a sizeable chunk of rebates to help offset the depreciation. Feel free to take a pass on this car.

2009 Lexus ES350
24 Month – Residual 54% of MSRP – .00095 Base Rate
36 Month – Residual 47% of MSRP – .00095 Base Rate
48 Month – Residual 38% of MSRP – .00095 Base Rate
60 Month – Residual 29% of MSRP – .00275 Base Rate

2009 Lexus ES350 w/ Ultra Luxury
24 Month – Residual 52% of MSRP – .00095 Base Rate
36 Month – Residual 45% of MSRP – .00095 Base Rate
48 Month – Residual 36% of MSRP – .00095 Base Rate
60 Month – Residual 27% of MSRP – .00275 Base Rate

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