lexus

2010 Lexus Lease Rates – August 2010

logo_lexusMy Take: I’ve had a tough time confirming some of the Lexus numbers so I will go out on a limb here and assume they are the same as last month. The first three listed here are confirmed  and it looks like LFS didn’t change the August numbers from July, so I think it’s safe to say that you can plug in July’s numbers and run with it. As usual, drop me a line if you need help calculating payments.

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2010 Lexus IS250 Sedan
36-month | 15k miles | residual 57% | .00155 base money factor

2010 Lexus IS250 Sedan AWD
36-month | 15k miles | residual 57% | .00155 base money factor

2010 Lexus GS350 AWD
36-month | 15k miles | residual 50% | .00120 base money factor

2010 Lexus ES350
36-month | 15k miles | residual 54% | .00160 base money factor

2010 Lexus RX350 AWD
36-month | 15k miles | residual 56% | .00175 base money factor

2010 Lexus Incentives

lexus

2010 Lexus Lease Rates – July 2010

logo_lexusMy Take: Residuals took a dive this month compared to the last. The good news is that the MFs also dropped, maintaining the payments at around the same ballpark. Please note that the HS250h is currently not available for lease/purchase due to recalls. That could change in the near future, but as for now, stay away from that model. For more Lexus recall information, check out this link.

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2010 Lexus ES350
36-month | 15k miles | residual 54% | .00160 base money factor

2010 Lexus IS250 Sedan AWD
36-month | 15k miles | residual 57% | .00155 base money factor

2010 Lexus RX350 AWD
36-month | 15k miles | residual 56% | .00175 base money factor

2010 Lexus GS350 RWD
36-month | 15k miles | residual 50% | .00120 base money factor

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Lexus Incentives from Edmunds.com

2010 Lexus Lease Rates – June 2010

logo_lexusMy Take: Here are some of June’s Lexus numbers. They don’t look all that great, but they aren’t exactly horrible. Feel free to leave a comment if you need help with number crunching.

2010 Lexus ES350
36-month | 15k miles | residual 56% | .00200 base money factor

2010 Lexus IS250 Sedan
36-month | 15k miles | residual 58% | .00190 base money factor

2010 Lexus IS250 Sedan AWD
36-month | 15k miles | residual 58% | .00190 base money factor

2010 Lexus IS250 Convertible
24-month | 15k miles | residual 66% | .00190 base money factor

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2010 Lexus RX350 AWD
36-month | 15k miles | residual 59% | .00190 base money factor

2010 Lexus GS350 RWD
36-month | 15k miles | residual 52% | .00165 base money factor

2010 Lexus HS250h
36-month | 15k miles | residual 59% | .00150 base money factor

2010 Lexus Incentives

2010 Lexus Lease Rates – May 2010

logo_lexusMy Take: Overall, I am unimpressed. Residuals may be above average, but MFs are too high for my liking. Not much in terms of rebates either (unless you are in the military). However, I believe decent amount of discounts can be had to make up for the lack of customer cash due to Toyota’s recent struggles.

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2010 Lexus ES350
36-month | 15k miles | residual 56% | .00200 base money factor

2010 Lexus IS250 Sedan
36-month | 15k miles | residual 58% | .00190 base money factor

2010 Lexus IS250 Convertible
24-month | 15k miles | residual 66% | .00190 base money factor

2010 Lexus RX350 AWD
36-month | 15k miles | residual 59% | .00190 base money factor

2010 Lexus Incentives

2009/2010 Lexus RX, IS Lease Rates – November 2009

logo_lexusMy Take: A bit low on the IS numbers this month, but this should give you an idea of what Lexus’ “December to Remember” promo looks like. Not exactly memorable, but then again, they could be providing some rebates that I am not fully aware of. I say this because I’m not seeing anything official on Edmunds other than the 2.9% financing for 60 months. Expect lease rates to carry over through early January. This is probably going to be the case for most automakers.

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2010 Lexus RX350

2010 Lexus RX350
36-month | 15k miles | residual 60% | .00220 base money factor

2010 Lexus IS250

2010 Lexus IS250 Convertible
36-month | 15k miles | residual 61% | .00220 base money factor

2010 Lexus IS250 AWD
36-month | 15k miles | residual 60% | .00210 base money factor

2010 Lexus RX350 Lease Rates – October 2009

logo_lexusMy Take: The money factor on the 2010 RX isn’t very attractive right now, but the residual value is. You will need to do your best to knock off a decent amount off the MSRP in order to compensate for the high money factor. 10% off MSRP is generally what I recommend shooting for in these economic times. More, if the dealer has a lot of marketing/dealer/customer cash available for you. As you know, marketing, dealer and customer rebates are all provided by the manufacturer, NOT the dealer; therefore you need to get the dealer to discount you PLUS whatever the rebates the manufacturer has for you.

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2010 Lexus RX350

2010 Lexus RX350 FWD w/o RES
36-month | 15k miles | residual 60% | .00255 base money factor
48-month | 15k miles | residual 51% | .00255 base money factor

2010 Lexus RX350 AWD w/o RES
36-month | 15k miles | residual 60% | .00255 base money factor

09 Lexus RX Lease Rates – June 2009

logo_lexusMy Take: Here are the RX350’s lease rates for you Lexus RX lovers. I think the MF is a bit high, so you may want to wait a little bit to see if it drops down the road. Eventhough this is a 2010 model, you may be able to get some discounts off MSRP. Below invoice, however, is probably unlikely.

2010 Lexus RX35

2010 Lexus RX350 2WD
24-month | 15k miles | residual 64% | .00245 base money factor
36-month | 15k miles | residual 57% | .00245 base money factor

2010 Lexus RX350 AWD
24-month | 15k miles | residual 64% | .00245 base money factor
36-month | 15k miles | residual 57% | .00245 base money factor

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