09 Lexus GS, RX Lease Rates – March 2009

logo_lexusMy Take: I would strongly caution lessees to stay away from the RX350 this month because the numbers don’t look very good. The GS looks ok, but the residual values are too low. It could be a good “lease to buy” candidate, but the money factor would have to be slightly lower. Without incentives, I would recommend most people simply pass on both the GS and RX this month.

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2009 Lexus GS/RX

2009 Lexus GS350
24-month | 15k miles | residual 49% | .00145 base money factor
36-month | 15k miles | residual 42% | .00145 base money factor
48-month | 15k miles | residual 33% | .00145 base money factor
60-month | 15k miles | residual 24% | .00275 base money factor

2009 Lexus GS350 AWD
24-month | 15k miles | residual 50% | .00145 base money factor
36-month | 15k miles | residual 43% | .00145 base money factor
48-month | 15k miles | residual 34% | .00145 base money factor
60-month | 15k miles | residual 25% | .00275 base money factor

DO NOT LEASE

2009 Lexus RX350 2WD
24-month | 15k miles | residual 54% | .00275 base money factor
36-month | 15k miles | residual 47% | .00275 base money factor
48-month | 15k miles | residual 38% | .00275 base money factor
60-month | 15k miles | residual 29% | .00275 base money factor

2009 Lexus RX350 2WD w/RSE
24-month | 15k miles | residual 52% | .00275 base money factor
36-month | 15k miles | residual 45% | .00275 base money factor
48-month | 15k miles | residual 36% | .00275 base money factor
60-month | 15k miles | residual 27% | .00275 base money factor

2009 Lexus RX350 AWD
24-month | 15k miles | residual 54% | .00275 base money factor
36-month | 15k miles | residual 47% | .00275 base money factor
48-month | 15k miles | residual 38% | .00275 base money factor
60-month | 15k miles | residual 29% | .00275 base money factor

2009 Lexus RX350 w/ RSE AWD
24-month | 15k miles | residual 52% | .00275 base money factor
36-month | 15k miles | residual 45% | .00275 base money factor
48-month | 15k miles | residual 36% | .00275 base money factor
60-month | 15k miles | residual 27% | .00275 base money factor

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