2018 GS350 F-Sport deal?

Ask the Hackrs RV/MF
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Hello Hackrs,

Hoping I am posting this in the correct area, apologies if I did not. I have been trying to help my brother secure a lease deal on a 2018 Lexus GS 350 F-Sport. We opted for the 1-time lease payment and the last deal we got from the dealer after multiple visits and calls comes out to an effective rate of $625 ($22,500 1-time) for 36-months, 10,000 miles. MSRP= $59k. I know it’s not quite 1% but it is close.
Is this $625 a good deal?

I recently countered for $600 flat effective rate and wanted to see where I am.

Year: 2018
**Make, Model, and Trim: Lexus GS 350 F-Sport
MSRP:$59k
Selling Price: $51k
Residual: 46%
MF: 0.00003 (not necessary for calculation since we are opting for 1 payment)

**Months/Annual Mileage: 10,000
**Zip Code: 10309 (New York City)

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Post selling price, residual, MF or admin will delete!

That will help evaluate the deal

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Thanks for the tip, just added that info.

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I’m looking at the same lease right now also. I believe there should be $6k lease cash incentive right now. At least here in CA.

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They looks way too high. You are probably missing one or more 0’s in there. Also, just because you are doing a one-pay lease doesn’t mean the MF is irrelevant. You still pay some rent charge with a one-pay lease.

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