boxxiee
November 29, 2018, 7:20pm
1
I received this “Aggresive” (as he put it ) lease offer for a 2019 Lexus IS 300 F sport. Check it out…
MSRP 43,514
Discount 1,606.00
Rebate 3,500
(Accessories + 454.99)
Mileage 15k / 36
Residual: 49%
Payment 618 with zero down.
What am I missing here? This is my first lease offer, so i’m still learning… The numbers seem high based on other deals i’ve seen.
Jon
November 29, 2018, 7:43pm
2
3% discount with $455 in added accessories is not aggressive.
2 Likes
Terrible discount, forced accessories, bad residual.
Not much you can do here.
3 Likes
Go to ATL or DC. It’s going to be hard to get a Lexus in NC because of the lack of competition. You should make sure you know what a competitive discount is, too
2pac
November 29, 2018, 7:58pm
5
thats an awful residual for 15k, should be at least 55% but you cant do anything about that, thats on lexus.
Tf92658
November 29, 2018, 7:59pm
6
Yep, that 49% residual is killer.
Pretty accurate if you look at what used ISs are going for. Low MF makes up for it usually with Lexus
2pac
November 29, 2018, 10:19pm
8
probably true, I’m sure residuals might get better for the spring deals, who knows.