09 Lexus ES350 Lease Rates for January 2009

Published 2009/01/27 by G

MY TAKE: It was a tough call to put this on a DO NOT LEASE post, but the fact is, the residual is just too low. The Infiniti M35 suffers from the same problem. Even if you lower the money factor, it still doesn’t seem to keep the car cheap enough for leasing. You could drop your mileage allowance down to 10k per year to help boost the residual, but still, I just don’t think it helps unless there’s a sizeable chunk of rebates to help offset the depreciation. Feel free to take a pass on this car.

2009 Lexus ES350
24 Month – Residual 54% of MSRP – .00095 Base Rate
36 Month – Residual 47% of MSRP – .00095 Base Rate
48 Month – Residual 38% of MSRP – .00095 Base Rate
60 Month – Residual 29% of MSRP – .00275 Base Rate

2009 Lexus ES350 w/ Ultra Luxury
24 Month – Residual 52% of MSRP – .00095 Base Rate
36 Month – Residual 45% of MSRP – .00095 Base Rate
48 Month – Residual 36% of MSRP – .00095 Base Rate
60 Month – Residual 27% of MSRP – .00275 Base Rate

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08/09 Lexus IS Lease Rates for January 2009

Published 2009/01/15 by G

My Take: The IS is a very borderline “DO NOT LEASE” candidate right now. The residual values have tanked in the past 6 months, even on the 2009 models. It looks like LFS has tried to keep their residual values more realistic. This doesn’t bode well for us because cheap leases rely heavily on “inflated” residual values (more so than low money factors) to keep the payments low. I’m hoping Lexus keeps these residuals until February and drop the money factor significantly. That should save you a few grand in the long run. That 328i is looking mighty good right about now.

			At Invoice		At MSRP
Make/Model	Invoice	MSRP	24-month	36-month	24-month	36-month
09 Lexus IS250 AT	$29,270	$33,150	$564	$478	$671	$597

NOTE: Estimates assuming the following conditions:

Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
Local Taxes not included.
24-month/15k and 36-month/15k terms.
All cars are stock, without any options.

2008/2009 Lexus IS January Lease Rates

Don’t like what you see? Visit Leasecompare.com and see what 3rd party banks offer!

09 Lexus GS Lease Rates for December 2008

Published 2008/12/162008/12/16 by G

My Take: The GS’s money factor isn’t too horrible this month, although I would have liked a higher residual value for a 2009 model. Nevertheless, if you can negotiate a lower sale price, you might be able to save yourself a good chunk of change. Just remember that for every $1000 you knock off the sale price, you save about $30 per month on a 36-month lease.

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			At Invoice		At MSRP
Make/Model	Invoice	MSRP	24-month	36-month	24-month	36-month
09 Lexus GS350 AWD	N/A	$47,625	$N/A	$N/A	$974	$765

NOTE: Estimates assuming the following conditions:

Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
Local Taxes not included.
24-month/15k and 36-month/15k terms.
All cars are stock, without any options.

2009 Lexus GS December Lease Rates

Don’t like what you see? Visit Leasecompare.com and see what 3rd party banks offer!

09 Lexus RX350 Lease Rates for December 2008

Published 2008/12/122009/04/10 by G

My Take: RX350 is looks pretty good for a 08 model. The residual is still much higher than expected and the residual has dropped a bit (sitting at around 2% APR). Fairly competitive with financing deals going on right now. Leasing an SUV is not a bad idea if you consider the fact that the residual values are fixed for the duration of your lease. If gas prices go up, you don’t have to worry about your SUV losing its value because it you can just return it at the end of the lease! Isn’t that great? If gas prices stay low, then driving a SUV won’t hurt as much. Looks like a win-win situation to me. Another thing to note…even though the RX seems to be cheaper to lease than the RDX, the RDX has cash rebates (which will lower the price significantly) and it comes pretty well equipped as a base model. That’s not the case with the RX350. Of course, the RDX is a 4-cyl Turbo, while the RX350 is a V6. If you don’t like the raspy-ness of a 4cyl Turbo, then the RX is probably what you want.

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			At Invoice		At MSRP
Make/Model	Invoice	MSRP	24-month	36-month	24-month	36-month
09 Lexus RX350 2WD	$33,864	$38,165	$521	$435	$703	$558

NOTE: Estimates assuming the following conditions:

Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
Local Taxes not included.
24-month/15k and 36-month/15k terms.
All cars are stock, without any options.

2009 Lexus RX350 December Lebase money factors

Don’t like what you see? Visit Leasecompare.com and see what 3rd party banks offer!

2009 Top Safety Pick Awards by IIHS

Published 2008/12/03 by G

From IIHS

How vehicles are evaluated: The Institute’s frontal crashworthiness evaluations are based on results of 40 mph frontal offset crash tests. Each vehicle’s overall evaluation is based on measurements of intrusion into the occupant compartment, injury measures recorded on a Hybrid III dummy in the driver seat, and analysis of slow-motion film to assess how well the restraint system controlled dummy movement during the test.

Side evaluations are based on performance in a crash test in which the side of a vehicle is struck by a barrier moving at 31 mph. The barrier represents the front end of a pickup or SUV. Ratings reflect injury measures recorded on two instrumented SID-IIs dummies, assessment of head protection countermeasures, and the vehicle’s structural performance during the impact.

Rear crash protection is rated according to a two-step procedure. Starting points for the ratings are measurements of head restraint geometry — the height of a restraint and its horizontal distance behind the back of the head of an average-size man. Seat/head restraints with good or acceptable geometry are tested dynamically using a dummy that measures forces on the neck. This test simulates a collision in which a stationary vehicle is struck in the rear at 20 mph. Seats without good or acceptable geometry are rated poor overall because they can’t be positioned to protect many people.

ALL 72 WINNERS

Large cars
Acura RL
Audi A6
Cadillac CTS
Ford Taurus
Lincoln MKS
Mercury Sable
Toyota Avalon
Volvo S80

Midsize cars
Acura TL, TSX
Audi A3, A4
BMW 3 series 4-door models
Ford Fusion with optional electronic stability control
Honda Accord 4-door models
Mercedes C class
Mercury Milan with optional electronic stability control
Saab 9-3
Subaru Legacy
Volkswagen Jetta, Passat

Midsize convertibles
Saab 9-3
Volkswagen Eos
Volvo C70

Small cars
Honda Civic 4-door models (except Si) with optional electronic stability control
Mitsubishi Lancer with optional electronic stability control
Scion xB
Subaru Impreza with optional electronic stability control
Toyota Corolla with optional electronic stability control
Volkswagen Rabbit

Minicar
Honda Fit with optional electronic stability control

Minivans
Honda Odyssey
Hyundai Entourage
Kia Sedona

Large SUVs
Audi Q7
Buick Enclave
Chevrolet Traverse
GMC Acadia
Saturn Outlook

Midsize SUVs
Acura MDX, RDX
BMW X3, X5
Ford Edge, Flex, Taurus X
Honda Pilot
Hyundai Santa Fe, Veracruz
Infiniti EX35
Lincoln MKX
Mercedes M class
Nissan Murano
Saturn VUE
Subaru Tribeca
Toyota FJ Cruiser, Highlander
Volvo XC90

Small SUVs
Ford Escape
Honda CR-V, Element
Mazda Tribute
Mercury Mariner
Mitsubishi Outlander
Nissan Rogue
Subaru Forester
Toyota RAV4
Volkswagen Tiguan

Large pickups
Ford F-150
Honda Ridgeline
Toyota Tundra

Small pickup
Toyota Tacoma

Shamefully, my G37 didn’t make the cut, but it made it into the “ALSO RANS” list:

ALSO-RANS
These 26 vehicles earn good ratings in front and side crash tests. They have ESC, standard or optional. They would be 2009 Top Safety Pick winners if their seat/head restraints also earn good ratings:

Chevrolet Malibu
Chrysler Sebring, Sebring convertible, Town & Country
Dodge Avenger, Grand Caravan
Infiniti G35, M35
Kia Amanti
Lexus ES, GS,IS
Mazda CX-7, CX-9
Mitsubishi Eclipse Spyder, Endeavor
Nissan Altima, Pathfinder, Quest, Xterra
Saturn AURA
Smart Fortwo
Toyota 4Runner, Camry, Prius, Sienna

Something sad to note here, no Chrysler cars made it to the top of the list. I’m starting to feel like Chrysler is one automaker that probably doesn’t need the bailout since they build such “average” cars.

November 2008 Lease Rates for 08/09 Lexus ES and IS models

Published 2008/11/132008/11/13 by G

My Take: The rates for the 09 Lexus ES and IS look promising this month. I get the feeling that the days of leasing a $30k+ luxury car for $300s a month with just inception fees and taxes are over. After looking at Infiniti’s 09 G37s, I’m starting to think that the banks have decided not to inflate residual values too much. Good for them, bad for us. In any case, Lexus residual values could use a boost, but the money factors are pretty good. There is a $1000 cash rebate for current/former ES owners, so be sure to take advantage of that if you have/had an ES. FYI…invoice data isn’t available on the 09 IS and ES on Edmunds so you’ll have to guess as to what it is. I suspect it should be around $2000 or so under MSRP.

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			At Invoice		At MSRP
Make/Model	Invoice	MSRP	24-month	36-month	24-month	36-month
09 Lexus IS250 Sedan AT	N/A	$33,150	N/A	N/A	$600	$478
09 Lexus ES350	N/A	$35,145	N/A	N/A	$659	$521

Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
Local Taxes not included.
24-month/15k and 36-month/15k terms.
All cars are stock, without any options.
Yellow boxes denotes “lowest” lease payments for each car.

2009 Lexus IS250 Sedan AT
24 Month – Residual 60% of MSRP – .00090 Base Rate
36 Month – Residual 53% of MSRP – .00090 Base Rate
48 Month – Residual 44% of MSRP – .00090 Base Rate
60 Month – Residual 36% of MSRP – .00275 Base Rate

2009 Lexus ES350
24 Month – Residual 58% of MSRP – .00080 Base Rate
36 Month – Residual 51% of MSRP – .00080 Base Rate
48 Month – Residual 42% of MSRP – .00080 Base Rate
60 Month – Residual 33% of MSRP – .00275 Base Rate

QUICK LINKS:
LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2009 Lexus ES350 w/ Ultra Luxury
24 Month – Residual 56% of MSRP – .00080 Base Rate
36 Month – Residual 49% of MSRP – .00080 Base Rate
48 Month – Residual 40% of MSRP – .00080 Base Rate
60 Month – Residual 31% of MSRP – .00275 Base Rate

2008 Lexus ES350 Sedan
24 Month – Residual 54% of MSRP – .00025 Base Rate
36 Month – Residual 47% of MSRP – .00025 Base Rate
48 Month – Residual 38% of MSRP – .00025 Base Rate
60 Month – Residual 29% of MSRP – .00275 Base Rate

2008 Lexus ES350 Ultra-Luxury Sedan
24 Month – Residual 52% of MSRP – .00025 Base Rate
36 Month – Residual 45% of MSRP – .00025 Base Rate
48 Month – Residual 36% of MSRP – .00025 Base Rate
60 Month – Residual 27% of MSRP – .00275 Base Rate

2009 Lexus IS250 Sedan AT AWD
24 Month – Residual 60% of MSRP – .00095 Base Rate
36 Month – Residual 53% of MSRP – .00095 Base Rate
48 Month – Residual 44% of MSRP – .00095 Base Rate
60 Month – Residual 36% of MSRP – .00275 Base Rate

2009 Lexus IS250 Sedan MT
24 Month – Residual 60% of MSRP – .00130 Base Rate
36 Month – Residual 53% of MSRP – .00130 Base Rate
48 Month – Residual 44% of MSRP – .00130 Base Rate
60 Month – Residual 36% of MSRP – .00275 Base Rate

2009 Lexus IS350 Sedan AT
24 Month – Residual 58% of MSRP – .00135 Base Rate
36 Month – Residual 51% of MSRP – .00135 Base Rate
48 Month – Residual 42% of MSRP – .00135 Base Rate
60 Month – Residual 34% of MSRP – .00275 Base Rate

2008 Lexus IS250 Manual Sedan
24 Month – Residual 57% of MSRP – .00240 Base Rate
36 Month – Residual 50% of MSRP – .00240 Base Rate
48 Month – Residual 41% of MSRP – .00240 Base Rate
60 Month – Residual 33% of MSRP – .00275 Base Rate

2008 Lexus IS250 Automatic Sedan
24 Month – Residual 57% of MSRP – .00240 Base Rate
36 Month – Residual 50% of MSRP – .00240 Base Rate
48 Month – Residual 41% of MSRP – .00240 Base Rate
60 Month – Residual 33% of MSRP – .00275 Base Rate

2008 Lexus IS250 AWD Sedan
24 Month – Residual 57% of MSRP – .00240 Base Rate
36 Month – Residual 50% of MSRP – .00240 Base Rate
48 Month – Residual 41% of MSRP – .00240 Base Rate
60 Month – Residual 33% of MSRP – .00275 Base Rate

2008 Lexus IS350 Sedan
24 Month – Residual 53% of MSRP – .00065 Base Rate
36 Month – Residual 46% of MSRP – .00065 Base Rate
48 Month – Residual 37% of MSRP – .00065 Base Rate
60 Month – Residual 29% of MSRP – .00275 Base Rate

October 2008 Lease Rate for 09 Lexus RX350 and Toyota Camry

Published 2008/10/222012/01/10 by G

My Take: Sorry folks, I haven’t had the time to make up payment estimates (life of getting in the way), so I will be posting the rest of the lease rates I have. I can say that the rates look pretty good here for the RX350 and the Camry. Residuals are fairly high and money factors are pretty low. This makes for a nice leasing combination. Stay tuned for more lease rates I’ve found. Will be posting them shortly.

QUICK LINKS:

LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2009 Lexus RX350 2WD
24 Month – Residual 61% of MSRP – .00135 Base Rate
36 Month – Residual 54% of MSRP – .00135 Base Rate
48 Month – Residual 43% of MSRP – .00135 Base Rate
60 Month – Residual 35% of MSRP – .00255 Base Rate

2009 Lexus RX350 2WD w/RSE
24 Month – Residual 59% of MSRP – .00135 Base Rate
36 Month – Residual 52% of MSRP – .00135 Base Rate
48 Month – Residual 41% of MSRP – .00135 Base Rate
60 Month – Residual 33% of MSRP – .00255 Base Rate

2009 Lexus RX350 AWD
24 Month – Residual 61% of MSRP – .00135 Base Rate
36 Month – Residual 54% of MSRP – .00135 Base Rate
48 Month – Residual 44% of MSRP – .00135 Base Rate
60 Month – Residual 36% of MSRP – .00255 Base Rate

2009 Lexus RX350 w/ RSE AWD
24 Month – Residual 59% of MSRP – .00135 Base Rate
36 Month – Residual 52% of MSRP – .00135 Base Rate
48 Month – Residual 42% of MSRP – .00135 Base Rate
60 Month – Residual 34% of MSRP – .00255 Base Rate

2009 Toyota Camry 4dr Sedan SE
24 Month – Residual 66% of MSRP – .00150 Base Rate
36 Month – Residual 59% of MSRP – .00150 Base Rate
48 Month – Residual 49% of MSRP – .00265 Base Rate
60 Month – Residual 41% of MSRP – .00265 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

October 2008 Lease Rates for 08/09 FX50, IS350, Odyssey, Impreza WRX and ML350

Published 2008/10/16 by G

My Take: One word sums this bunch…UNINSPIRING. Residuals are mediocre to pathetic, while the money factor is WAY too high. I’m just bundling these lease rates together since it’s pointless to analyze the numbers. After looking at lease rates monthly for six months (yes folks! RIDE with G is six months old!!! WOOT!) I can pretty much tell whats worth the time and what’s not. It’s a shame too since I really like the FX50 and the IS350.

QUICK LINKS:

LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2009 Infiniti FX50 AWD
24 Month – Residual 55% of MSRP – .00280 Base Rate
36 Month – Residual 50% of MSRP – .00223 Base Rate
48 Month – Residual 43% of MSRP – .00226 Base Rate
60 Month – Residual 37% of MSRP – .00219 Base Rate

2009 Mercedes ML350 4WD SUV
24 Month – Residual 56% of MSRP – .00420 Base Rate
36 Month – Residual 45% of MSRP – .00147 Base Rate
48 Month – Residual 37% of MSRP – .00385 Base Rate
60 Month – Residual 32% of MSRP – .00385 Base Rate

2009 Honda Odyssey EX-L
24 Month – Residual 64% of MSRP – .00290 Base Rate
36 Month – Residual 54% of MSRP – .00290 Base Rate
48 Month – Residual 45% of MSRP – .00290 Base Rate
60 Month – Residual 37% of MSRP – .00290 Base Rate

2008 Honda Odyssey EX-L
24 Month – Residual 58% of MSRP – .00290 Base Rate
36 Month – Residual 51% of MSRP – .00290 Base Rate
48 Month – Residual 43% of MSRP – .00290 Base Rate
60 Month – Residual 34% of MSRP – .00290 Base Rate

2009 Subaru Impreza WRX Wagon
24 Month – Residual 65% of MSRP – .00305 Base Rate
36 Month – Residual 58% of MSRP – .00280 Base Rate
48 Month – Residual 49% of MSRP – .00280 Base Rate
60 Month – Residual 42% of MSRP – .00300 Base Rate

2008 Lexus IS350 Sedan
24 Month – Residual 53% of MSRP – .00100 Base Rate
36 Month – Residual 46% of MSRP – .00100 Base Rate
48 Month – Residual 37% of MSRP – .00100 Base Rate
60 Month – Residual 29% of MSRP – .00255 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

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