2016 Lexus IS200t 36/15K

Ask the Hackrs
1

My wife and I are new to leasing and was wondering if this is a good deal?

If you guys can please comment to let us know if our lease quote is a good deal (from Lexus dealers in Southern California), that would be greatly appreciated!

Thank you so much!

MSRP - $38,809
Sale - $34,000
Residual - $22509.22
Money Factor - 0.00110
Term: 36 Months/15k miles a year
Drive-off: 0
Base payment - $344.40
Tax Rate - 9%
Total Monthly Payment: $375.41 (after taxes)

2

Payment alone looks good as it passes the 1% of Msrp test.

Maybe someone with access to the details can verify your residual and mf.

3

2500 lexus cash is available on Lexus turbo, so no, not low enough. Price should be around 10% off plus 2500 cash.
so aim for 32.5 sales price.

4

Forgot to mention that this includes the $2500 Lexus cash which expires on 8/1/2016

5

Actually really good since you got 15k as the base is for 10K…