Latest lease factors???
#1
Lexus Test Driver
Thread Starter
Latest lease factors???
Does anyone have any recent lease factors (residuals and money factors) for the 2006 IS350?
Would appreciate your posting them if you do!
TIA
Would appreciate your posting them if you do!
TIA
#3
Lexus Test Driver
Thread Starter
I gather from edmunds forums that the residual on an IS350 (3 yrs/15,000 miles) must be about 60% and the buy rate from LFS is somewhere in the .00255 - .00275 range.
But I'd sure like to get the whole spread!
But I'd sure like to get the whole spread!
#4
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I was quoted Residual of 60% and money factor of 0.0024 on a 3 year lease with a very high credit score. If your credit is below a 720 your money factor was 0.00275.
On a 2006 IS350 with LUX / Nav / ML was MSRP of $44,429 and offered at $40,000 plus TT&L with $5,000 total cash up front with a 60% residual and the 0.0024 money factor the lease was $575 ish a month.
I have decided to wait until the 2007's come out and compare it to the next generation Infinity G35 Sedan. If current pricing trends remain the G35 will MSRP significantly below the IS350 with comparable options.
On a 2006 IS350 with LUX / Nav / ML was MSRP of $44,429 and offered at $40,000 plus TT&L with $5,000 total cash up front with a 60% residual and the 0.0024 money factor the lease was $575 ish a month.
I have decided to wait until the 2007's come out and compare it to the next generation Infinity G35 Sedan. If current pricing trends remain the G35 will MSRP significantly below the IS350 with comparable options.
#6
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Originally Posted by Griffey222
Man, $5K out of pocket ad $575 a month. I was afraid of that...That's STEEP!
#7
Ahhh, didn't know that. Makes me feel much better! Thanks!
So, what have others paid that are already into their lease deals? I plan to lease one in either the September to remember promotion or the December, year end sell some cars time frame...Or just wait until the buzz has died down next year...
I want an IS350, but am not dead set on a color or a load of options, so I am fortunatley flexible...Only thing that I really care about is those 306 small horses that they put under the hood...
So, what have others paid that are already into their lease deals? I plan to lease one in either the September to remember promotion or the December, year end sell some cars time frame...Or just wait until the buzz has died down next year...
I want an IS350, but am not dead set on a color or a load of options, so I am fortunatley flexible...Only thing that I really care about is those 306 small horses that they put under the hood...
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#8
Lexus Test Driver
Thread Starter
Originally Posted by gonbad
If current pricing trends remain the G35 will MSRP significantly below the IS350 with comparable options.
#9
Lexus Test Driver
Thread Starter
Update
Here's an update on lease afctors for the 2006 IS350:
Residual for July - 56%
Also, for Tier 1+, plus previous Lexus owner, I'm getting a money factor for a 36/15 lease in the .0032 area. Higher than I expected to see, since that's a 7.68 APR. Sheesh.
That means on a Premium + Nav (MSRP about $40,785) and a $2500 discount, the monthly - not including TTL - is about $625. with no down.
Timing is everything, I guess, since the residual was higher a month or so ago and the money factors were lower.
Residual for July - 56%
Also, for Tier 1+, plus previous Lexus owner, I'm getting a money factor for a 36/15 lease in the .0032 area. Higher than I expected to see, since that's a 7.68 APR. Sheesh.
That means on a Premium + Nav (MSRP about $40,785) and a $2500 discount, the monthly - not including TTL - is about $625. with no down.
Timing is everything, I guess, since the residual was higher a month or so ago and the money factors were lower.
#10
Lexus Champion
Originally Posted by Mike_TX
Timing is everything, I guess, since the residual was higher a month or so ago and the money factors were lower.
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Originally Posted by Mike_TX
Here's an update on lease afctors for the 2006 IS350:
Residual for July - 56%
Also, for Tier 1+, plus previous Lexus owner, I'm getting a money factor for a 36/15 lease in the .0032 area. Higher than I expected to see, since that's a 7.68 APR. Sheesh.
That means on a Premium + Nav (MSRP about $40,785) and a $2500 discount, the monthly - not including TTL - is about $625. with no down.
Timing is everything, I guess, since the residual was higher a month or so ago and the money factors were lower.
Residual for July - 56%
Also, for Tier 1+, plus previous Lexus owner, I'm getting a money factor for a 36/15 lease in the .0032 area. Higher than I expected to see, since that's a 7.68 APR. Sheesh.
That means on a Premium + Nav (MSRP about $40,785) and a $2500 discount, the monthly - not including TTL - is about $625. with no down.
Timing is everything, I guess, since the residual was higher a month or so ago and the money factors were lower.
#12
Advanced
iTrader: (1)
I shopped lease rates within different Lexus models, Audi, BMW and Benz.
Lexus 2IS consistently had the highest money factor of any vehicle on the market today. The MF on my lease is 0.003+. Friend's E90 330i MF on his lease (same terms, same credit tier of 1+) was 0.00095 (sub 0.001). You do the math.
Lexus also has different lease rates for the 2IS in different markets (i.e. Northwest market is generally 100 points higher than CA market).
Cheers,
Kermee
Lexus 2IS consistently had the highest money factor of any vehicle on the market today. The MF on my lease is 0.003+. Friend's E90 330i MF on his lease (same terms, same credit tier of 1+) was 0.00095 (sub 0.001). You do the math.
Lexus also has different lease rates for the 2IS in different markets (i.e. Northwest market is generally 100 points higher than CA market).
Cheers,
Kermee
#13
Long and short of all of this lease rate info: What are people paying for their leased cars?
How many months:
How many miles:
Money down:
Monthly payment:
IS350 or IS250 with options listed:
This would help me TREMENDOUSLY! You gotta go to the fight with some bullets right. If you go to a dealership blind, generally you walk out and feel robbed...
How many months:
How many miles:
Money down:
Monthly payment:
IS350 or IS250 with options listed:
This would help me TREMENDOUSLY! You gotta go to the fight with some bullets right. If you go to a dealership blind, generally you walk out and feel robbed...
#14
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As of 7/9, my money factor was 0.00255 with a credit score of 790. Residual was 58% for 36 mos. 12/k mi. per yr. There is no break for 10k mi. per yr. There is also no break for 39 mo. deal.
#15
2006 Lexus IS250 4dr Sedan / Compare Instant Lease Quotes / (7)
24 mo/15k mi – Residual Value 62% of MSRP – .00245 Base Money Factor Rate
36 mo/15k mi – Residual Value 56% of MSRP – .00245 Base Money Factor Rate
48 mo/15k mi – Residual Value 46% of MSRP – .00245 Base Money Factor Rate
60 mo/15k mi – Residual Value 37% of MSRP – .00245 Base Money Factor Rate
36 mo/12k mi – Residual Value 58% of MSRP – .00245 Base Money Factor Rate
48 mo/12k mi – Residual Value 48% of MSRP – .00245 Base Money Factor Rate
60 mo/12k mi – Residual Value 39% of MSRP – .00245 Base Money Factor Rate
2006 Lexus IS250 4dr Sedan w/ Navigation / Compare Instant Lease Quotes / (7)
24 mo/15k mi – Residual Value 62% of MSRP – .00245 Base Money Factor Rate
36 mo/15k mi – Residual Value 56% of MSRP – .00245 Base Money Factor Rate
48 mo/15k mi – Residual Value 46% of MSRP – .00245 Base Money Factor Rate
60 mo/15k mi – Residual Value 37% of MSRP – .00245 Base Money Factor Rate
36 mo/12k mi – Residual Value 58% of MSRP – .00245 Base Money Factor Rate
48 mo/12k mi – Residual Value 48% of MSRP – .00245 Base Money Factor Rate
60 mo/12k mi – Residual Value 39% of MSRP – .00245 Base Money Factor Rate
2006 Lexus IS250 4dr Sedan AWD / Compare Instant Lease Quotes / (7)
24 mo/15k mi – Residual Value 62% of MSRP – .00245 Base Money Factor Rate
36 mo/15k mi – Residual Value 56% of MSRP – .00245 Base Money Factor Rate
48 mo/15k mi – Residual Value 46% of MSRP – .00245 Base Money Factor Rate
60 mo/15k mi – Residual Value 37% of MSRP – .00245 Base Money Factor Rate
36 mo/12k mi – Residual Value 58% of MSRP – .00245 Base Money Factor Rate
48 mo/12k mi – Residual Value 48% of MSRP – .00245 Base Money Factor Rate
60 mo/12k mi – Residual Value 39% of MSRP – .00245 Base Money Factor Rate
2006 Lexus IS250 4dr Sedan AWD w/ Navigation / Compare Instant Lease Quotes / (7)
24 mo/15k mi – Residual Value 62% of MSRP – .00245 Base Money Factor Rate
36 mo/15k mi – Residual Value 56% of MSRP – .00245 Base Money Factor Rate
48 mo/15k mi – Residual Value 46% of MSRP – .00245 Base Money Factor Rate
60 mo/15k mi – Residual Value 37% of MSRP – .00245 Base Money Factor Rate
36 mo/12k mi – Residual Value 58% of MSRP – .00245 Base Money Factor Rate
48 mo/12k mi – Residual Value 48% of MSRP – .00245 Base Money Factor Rate
60 mo/12k mi – Residual Value 39% of MSRP – .00245 Base Money Factor Rate
2006 Lexus IS350 4dr Sedan / Compare Instant Lease Quotes / (7)
24 mo/15k mi – Residual Value 62% of MSRP – .00245 Base Money Factor Rate
36 mo/15k mi – Residual Value 56% of MSRP – .00245 Base Money Factor Rate
48 mo/15k mi – Residual Value 46% of MSRP – .00245 Base Money Factor Rate
60 mo/15k mi – Residual Value 37% of MSRP – .00245 Base Money Factor Rate
36 mo/12k mi – Residual Value 58% of MSRP – .00245 Base Money Factor Rate
48 mo/12k mi – Residual Value 48% of MSRP – .00245 Base Money Factor Rate
60 mo/12k mi – Residual Value 39% of MSRP – .00245 Base Money Factor Rate
2006 Lexus IS350 4dr Sedan w/ Navigation / Compare Instant Lease Quotes / (7)
24 mo/15k mi – Residual Value 62% of MSRP – .00245 Base Money Factor Rate
36 mo/15k mi – Residual Value 56% of MSRP – .00245 Base Money Factor Rate
48 mo/15k mi – Residual Value 46% of MSRP – .00245 Base Money Factor Rate
60 mo/15k mi – Residual Value 37% of MSRP – .00245 Base Money Factor Rate
36 mo/12k mi – Residual Value 58% of MSRP – .00245 Base Money Factor Rate
48 mo/12k mi – Residual Value 48% of MSRP – .00245 Base Money Factor Rate
60 mo/12k mi – Residual Value 39% of MSRP – .00245 Base Money Factor Rate
24 mo/15k mi – Residual Value 62% of MSRP – .00245 Base Money Factor Rate
36 mo/15k mi – Residual Value 56% of MSRP – .00245 Base Money Factor Rate
48 mo/15k mi – Residual Value 46% of MSRP – .00245 Base Money Factor Rate
60 mo/15k mi – Residual Value 37% of MSRP – .00245 Base Money Factor Rate
36 mo/12k mi – Residual Value 58% of MSRP – .00245 Base Money Factor Rate
48 mo/12k mi – Residual Value 48% of MSRP – .00245 Base Money Factor Rate
60 mo/12k mi – Residual Value 39% of MSRP – .00245 Base Money Factor Rate
2006 Lexus IS250 4dr Sedan w/ Navigation / Compare Instant Lease Quotes / (7)
24 mo/15k mi – Residual Value 62% of MSRP – .00245 Base Money Factor Rate
36 mo/15k mi – Residual Value 56% of MSRP – .00245 Base Money Factor Rate
48 mo/15k mi – Residual Value 46% of MSRP – .00245 Base Money Factor Rate
60 mo/15k mi – Residual Value 37% of MSRP – .00245 Base Money Factor Rate
36 mo/12k mi – Residual Value 58% of MSRP – .00245 Base Money Factor Rate
48 mo/12k mi – Residual Value 48% of MSRP – .00245 Base Money Factor Rate
60 mo/12k mi – Residual Value 39% of MSRP – .00245 Base Money Factor Rate
2006 Lexus IS250 4dr Sedan AWD / Compare Instant Lease Quotes / (7)
24 mo/15k mi – Residual Value 62% of MSRP – .00245 Base Money Factor Rate
36 mo/15k mi – Residual Value 56% of MSRP – .00245 Base Money Factor Rate
48 mo/15k mi – Residual Value 46% of MSRP – .00245 Base Money Factor Rate
60 mo/15k mi – Residual Value 37% of MSRP – .00245 Base Money Factor Rate
36 mo/12k mi – Residual Value 58% of MSRP – .00245 Base Money Factor Rate
48 mo/12k mi – Residual Value 48% of MSRP – .00245 Base Money Factor Rate
60 mo/12k mi – Residual Value 39% of MSRP – .00245 Base Money Factor Rate
2006 Lexus IS250 4dr Sedan AWD w/ Navigation / Compare Instant Lease Quotes / (7)
24 mo/15k mi – Residual Value 62% of MSRP – .00245 Base Money Factor Rate
36 mo/15k mi – Residual Value 56% of MSRP – .00245 Base Money Factor Rate
48 mo/15k mi – Residual Value 46% of MSRP – .00245 Base Money Factor Rate
60 mo/15k mi – Residual Value 37% of MSRP – .00245 Base Money Factor Rate
36 mo/12k mi – Residual Value 58% of MSRP – .00245 Base Money Factor Rate
48 mo/12k mi – Residual Value 48% of MSRP – .00245 Base Money Factor Rate
60 mo/12k mi – Residual Value 39% of MSRP – .00245 Base Money Factor Rate
2006 Lexus IS350 4dr Sedan / Compare Instant Lease Quotes / (7)
24 mo/15k mi – Residual Value 62% of MSRP – .00245 Base Money Factor Rate
36 mo/15k mi – Residual Value 56% of MSRP – .00245 Base Money Factor Rate
48 mo/15k mi – Residual Value 46% of MSRP – .00245 Base Money Factor Rate
60 mo/15k mi – Residual Value 37% of MSRP – .00245 Base Money Factor Rate
36 mo/12k mi – Residual Value 58% of MSRP – .00245 Base Money Factor Rate
48 mo/12k mi – Residual Value 48% of MSRP – .00245 Base Money Factor Rate
60 mo/12k mi – Residual Value 39% of MSRP – .00245 Base Money Factor Rate
2006 Lexus IS350 4dr Sedan w/ Navigation / Compare Instant Lease Quotes / (7)
24 mo/15k mi – Residual Value 62% of MSRP – .00245 Base Money Factor Rate
36 mo/15k mi – Residual Value 56% of MSRP – .00245 Base Money Factor Rate
48 mo/15k mi – Residual Value 46% of MSRP – .00245 Base Money Factor Rate
60 mo/15k mi – Residual Value 37% of MSRP – .00245 Base Money Factor Rate
36 mo/12k mi – Residual Value 58% of MSRP – .00245 Base Money Factor Rate
48 mo/12k mi – Residual Value 48% of MSRP – .00245 Base Money Factor Rate
60 mo/12k mi – Residual Value 39% of MSRP – .00245 Base Money Factor Rate