Lexus has not changed the residual value of their IS250 since March! The money factor has also gone down a little bit. Normally, this is a good thing. However, the sale prices for all things Lexus have shot up significantly, making the lease more expensive. Based on the calculation below, the price difference between a March lease of the IS250 vs the June lease is about $45 or $1620. Pretty hefty huh?
My wife has recently made her desire for a IS250 (as her next lease) known, so I am really hoping numbers start improving over the next year or so. Lucky for us, her lease does not end until Feb 2013, which gives us a year and a half to see how Toyota handles their recovery process. At the moment, I am suspecting that her Jetta’s payoff is probably around the same as it’s wholesale value since her Jetta is pretty rare. I’m hoping there is at least $1000 worth of positive equity by the time she decides to trade it in.
Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.
March Calculation
2011 Lexus IS250 AT Sedan
MSRP – $34,690
Sale Price – $30,265
Monthly – $361+ tax
RWG Rating – 93.9
June Calculation
2011 Lexus IS250 AT Sedan
MSRP – $35,340
Sale Price – $32,911
Monthly – $426+ tax
RWG Rating – 84.7
For Dealer Quotes, Click Here.
2011 LEXUS ES350
36 month | 15k miles | residual 56% | .00180 base money factor
2011 LEXUS GS350 AWD
36 month | 15k miles | residual 53% | .00155 base money factor
2011 LEXUS GS460
36 month | 15k miles | residual 51% | .00155 base money factor
2011 LEXUS GX460
36 month | 15k miles | residual 53% | .00210 base money factor
2011 LEXUS HS250H
36 month | 15k miles | residual 54% | .00210 base money factor
2011 LEXUS IS250 AT SDN
36 month | 15k miles | residual 59% | .00170 base money factor
2011 LEXUS IS250 AWD AT SDN
36 month | 15k miles | residual 59% | .00170 base money factor
2011 LEXUS IS250 AT CONV
36 month | 15k miles | residual 59% | .00210 base money factor
2011 LEXUS IS350 AWD AT SEDAN
36 month | 15k miles | residual 56% | .00170 base money factor
2011 LEXUS IS350 CONV
36 month | 15k miles | residual 57% | .00210 base money factor
2011 LEXUS IS-F
36 month | 15k miles | residual 55% | .00210 base money factor
2011 LEXUS LS460
36 month | 15k miles | residual 53% | .00210 base money factor
2011 LEXUS LS460 AWD
36 month | 15k miles | residual 53% | .00210 base money factor
2011 LEXUS LX570
36 month | 15k miles | residual 52% | .00210 base money factor
2011 LEXUS RX350 AWD
36 month | 15k miles | residual 57% | .00165 base money factor
2011 LEXUS RX450H AWD
36 month | 15k miles | residual 56% | .00210 base money factor
My Take: 2010 numbers should have remained unchanged from November, which means the cash should still be there too. 2011 number look more attractive due to a lower mf and higher residual, but you probably won’t get as much of a discount. Will post more and make updates as they come, so stay tuned.
My Take: The IS250 Auto and AWD are probably the two best leases in the IS line up. Money factor is low and residual is high. Not only does this make a good lease, it also makes it good enough to buy out at lease end. The ISF and IS350 are slightly less desireable due to the low residual values and high money factors. The IS250 Auto & AWD are a VERY good deal month actually. Invoice price (or maybe slightly lower) should be attainable in certain areas with solid competition. It certainly doesn’t carry the “LEASE ME NOW” tag that the MB C350 has had for the past few months, but it is certainly not too far off. Personally, I would still pony up for the IS350 over the IS250. The MF isn’t all that bad at .00110. The residual does suck a bit, but nothing a lower yearly mileage allowance can’t fix.