Lexus lease rates have been updated. I received an update today and things have started to look a little better. Hurray for better money factors!
A huge “WTH” goes to LFS for jacking up the MF to .00170 across the board. Yes, there is lease cash available plus Lexus will make your first month payment if you lease one of their vehicles, but still…0.00170 is far from a “great deal” in terms of what you pay out of pocket for borrowing their money. If you end up leasing a Lexus this month, please drop in and share your experience with the rest of the readers.
I know there was this fiasco about the low MF on the CT last month. Please note, I post what I am given. If it’s different that what your local dealer is quoting you, then there are probably two possible explanations: 1) I got the wrong numbers OR 2) your dealer is padding the MF. Please conduct your due diligence when using these numbers. If you read my disclaimer, you will know that these numbers are for “reference only”. I do not sell cars nor cannot provide you with a loan. Therefore, you dealer has final say in all transactions. Thank you for your understanding.
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2013 LEXUS CT200H HYBRID PREMIUM
36 Month – Residual 59% of MSRP – .00095 Base Rate
2013 LEXUS IS250 AT SDN
36 Month – Residual 58% of MSRP – .00145 Base Rate
2013 LEXUS IS250 AWD AT SDN
36 Month – Residual 58% of MSRP – .00145 Base Rate
2013 LEXUS IS250 AT CONV
36 Month – Residual 57% of MSRP – .00170 Base Rate
2013 LEXUS IS350 AWD AT SEDAN
36 Month – Residual 55% of MSRP – .00145 Base Rate
2013 LEXUS IS350 CONV
36 Month – Residual 54% of MSRP – .00170 Base Rate
2013 LEXUS IS-F
36 Month – Residual 53% of MSRP – .00170 Base Rate
2013 LEXUS LS460 AWD
36 Month – Residual 55% of MSRP – .00170 Base Rate
2013 LEXUS ES350
36 Month – Residual 58% of MSRP – .00075 Base Rate
2013 LEXUS GX460
36 Month – Residual 51% of MSRP – .00095 Base Rate
2013 LEXUS GS350 AWD
36 Month – Residual 57% of MSRP – .00095 Base Rate
2013 LEXUS RX350 AWD
36 Month – Residual 56% of MSRP – .00075 Base Rate
2013 LEXUS RX450H AWD
36 Month – Residual 54% of MSRP – .00075 Base Rate
2013 LEXUS LX570
36 Month – Residual 51% of MSRP – .00170 Base Rate
Just picked up a GS350 Lux with Levinson and heads up. Dealer pushed me out of the ES hybrid and suggested the GS. Not the same miles but they blew out the GS. Yes, MF was ridiculous and I challenged them on the .0017 but:
Took car down from $58,750 cap to $52,300 cap red.
They gave me the Lexus $2,500 lease cash for down pmt
They gave me 15k miles
They used 65% residual
Term is 27 months
Pmt was approx $650
There were some additional non finance extras they thru including service etc.
I can live with it and shorter term always works!!!
Excellent sale price. The term is nice too. Good job! I would opt for the GS over the ES as well. Congrats!
you have all the wrong money factors..
Feel free to provide the correct ones…
Negotiating a GX460 Premium with MSRP $64175, Sale price $60000. Plus $1500 lease cash, MF .00095, and residual of 51.5% for 15K miles. Rating of 80.33. Not so great. May wait for 2014s to arrive and new grille and such.
Just read the 2014, will have the spindle grille treatment. Being that I am less than 90 days from that look, I amy wait and see what else they throw at the 2013s or just go for the 2014 if I like it.
G, I just got a GS350 F-Sport, and the base MF was still .00095. Deal was closed on June 18.
congrats on the new car JJ. What is so far? Lots of folks seem to like the GS350. Your thoughts?
Just got quoted for a 2014 Lexus IS 250 AWD w Nav.
Residual Value 65%
Money Factor 0.00190
Any one have 2014 Lexus IS 350 residual and money factor? 33, 39, and 42 months? It would be much appreciated!
Thanks!
gd0t. residual is nice, but i think the mf is though to swallow. Not to mention the fact that you will probably not get a big discount since the car is so new.