July 2008 Lease Rate for 08 Lexus GS350

July 12th, 2008 by G

2008 Lexus GS 350 Sedan
24 Month – Residual 49% of MSRP – .00245 Base Rate
36 Month – Residual 42% of MSRP – .00245 Base Rate
48 Month – Residual 33% of MSRP – .00245 Base Rate
60 Month – Residual 26% of MSRP – .00245 Base Rate

2008 Lexus GS 350 AWD Sedan
24 Month – Residual 49% of MSRP – .00245 Base Rate
36 Month – Residual 42% of MSRP – .00245 Base Rate
48 Month – Residual 33% of MSRP – .00245 Base Rate
60 Month – Residual 26% of MSRP – .00245 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: I remember the days when the GS first came out. It was an attractive sedan, sporty and luxurious. Over time, it’s popularity shifted over to the IS and the GS became the “forgotten” sedan. Not so many of them on the road anymore, compared to the IS (they are freaking everywhere). With poor residual value and high MF. It’s popularity will probably stay the same for a few more years.

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Posted in *Monthy Lease Rates, Lexus

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