LDETR

Hello everyone,

I am looking to lease a new 2017 GS 350 RWD with an MSRP of $52,975. I was able to negotiate a seller price of $47,718 based on TrueCar. My term is 36 months at 10k miles per year. With no deposit my monthly is $608 which includes the final two payments of my current lease (BMW-$1094). The money factor was .0008, I have a credit score of 770. The residual of the vehicle would be $27,547. Finally, the purchase price of the vehicle with taxes and fees is $52,702. Is this a fair deal? Any advice on how I can get a better one? Trying to have a monthly payment under $600. Thank you all so much!

joedaddy1

iTrader: (1)

Look into MSD's to lower your money factor. That price doesn't look too hot.. so about 5k off.. what is the lease cash currently? isn't it like $3k~4k? (i might be wrong)..

if you can knock another $1k off, you'll get your under $600.. but honestly, this isn't a $600 a month car..

screen

I wouldn't go by what true car gives you.

There is also a $2000 cash incentive now.

You should be at about 7k off msrp for a decent deal.

Hold off for a week or so. Lexus needs numbers and with the july golden opportunity event dealers should start giving in.

LDETR

Joe-Lease cash is 3500 I believe, and then 1000 for switching from a competitor, total of 4500 in rebates. What do you suggest would be a good monthly for this car?

Screen-Is that 2000 cash incentive in addition to the 3500 lease cash for it? And yeah, I think I will hold off for the end of the month. If I do not get the deal I want I could just hold off until October when my BMW lease is over.

Thanks!