ES - 5th Gen (2007-2012) Discussion topics related to 2007+ ES350

Lease pay for ES?

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Old 05-10-08, 08:59 PM
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Dema
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Default Lease pay for ES?

How much you pay lease for fully loaded ES? Have you been able to lease it zero down?
Old 05-11-08, 05:38 AM
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garsarno
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We put around $3,000 down, payment is $602 with all taxes and the optional dealer "tire / wheel / dent protection" package I did not want but my wife wanted for '07 Ultra ES350 back in 10/06.
Old 05-11-08, 03:44 PM
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MD350
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Originally Posted by Dema
How much you pay lease for fully loaded ES? Have you been able to lease it zero down?
Depending on the lender, if your credit is good enough, they will allow you roll all TT&L in to your lease...just pay your 1st payment for the lease at signing.
Old 05-11-08, 05:17 PM
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mmrfr
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Default $450 per month

I pay $450 per month for 15,ooo miles per year for 4o months. I put $6000 down and sticker was $45,240. With 0 down $650 isn't bad in my opinion but with all the problems with the ES I would look elsewhere. Atleast with a lease you know when your bad decision is history. Sad fact, even with $6000 down on the lease I'm upside down on a trade. This ES350 is not a hot item on the used car market. Bet the market will will flooded with lease turn ins,
The buy out price is much higher than the real value of this piece of crap.
Old 05-11-08, 09:26 PM
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heelor
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0 down
initially 3.9% but we put $4500 for sec. deposit
turns out 2.1% @ 48 months
$623CAN per month include tax
is a 08 model ~
Old 05-11-08, 09:28 PM
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heelor
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oopsss ........ mine is just a standard one ~
sorry ~
Old 05-12-08, 11:42 AM
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toneman
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$587 for 3 yr/36K mile lease on a UL w/ $1300 down (includes acquisition fee and vehicle reg/title fees, but no security deposit or first month payment). The finance guy offered me the option to do it w/ no down but seeing a sub-$600 monthly payment feels so much better for my psyche--LOL! Monthly payment would have been a bit lower had I qualified for Tier-0 financing (only good enough for Tier-1)...

Of course, now that the prime rate is lower now than it was back in 2006 (which is when I purchased mine), I'd reckon that even lower lease payments are possible.

mmrfr--I'm sure you have your reasons for doing so, but the general recommendation is to not put down such a sizable deposit--the main reason being that, in the (highly-unlikely but not entirely impossible) event that your car gets totaled and is declared a complete loss by your insurance company...that's $6000 you have essentially thrown away.

Last edited by toneman; 05-12-08 at 11:49 AM.
Old 05-12-08, 05:43 PM
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MD350
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I actually purchased mine.

$7K down
Added 3m clear bra,XM radio and 3 years of unlimited dent removal
TT&L
UL ES350 with everything except radar cruise
$622 per month @ 72 months.

So, it seems a purchase and lease may not be far apart in payment.

Just watch those leases, dealers can hide profit!!!
Old 05-13-08, 07:59 AM
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samathews
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In addition to the fine information here edmunds dot com has forums for all makes and models with tons of real life information on leases and prices paid.
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