2019 Lexus GS 350 lease

Ask the Hackrs
,
1

Is this a good deal? Lexus GS 350 F sport

MSRP: $55,890
Selling price: $51,747 (7.5% off)
36 months, 12K miles
$4500 lease cash
Residual 51% (sucks)
MF: 0.00114
DAS: $1,548
$681/month incl tax
I can do 9 MSDs to get $622/month and leasehckr score of 8.0

2

Doesn’t seem like a good deal to me. If there is $4,500 lease cash, I’m not seeing much of a discount. I wouldn’t do $724/month for a $56K Lexus.

3

Contact @GeorgeCSL , other dealers or perhaps consider another car at that price

4

Thanks. The $681 includes tax. How much of a discount would you expect on this car? I got one dealer to 8%, would not budge beyond that with the $4,500 lease cash included. Maybe just wait til their Summer sales…?

5

Like you could get the brand new 740 that was just posted for way less

6

Thx. Any of deals are on 540i’s ?

7

Don’t think i’ve seen 540 deals lately but @LeaseHero has a bunch of 530’s

8

Thanks. Problem with the Lexus GS is residual so low (51%), which is probably why they offer the $4,500 lease cash rebate. I like the car, but 7-8% off MSRP just seems weak.

9

Would love opinions:

MSRP: $56,664
Disc: $6,164 (11%)
Sale price: $50,500
Lease cash: $4,500
Total off with discount and rebate: 19%
Residual 51%
MF with 9 MSDs: 0.00018 (or 0.432%)
Tax rate: 8.125%
Paying fees and 1st month payment upfront
36 months/12k miles
$562/ month

Thoughts?
Also…does the rebate in California get taxed as a cap cost reduction? Thanks