FL - 2021 LEXUS IS 300 | $43K MSRP | $615/mo+tax | $3K DAS | 625mi/mo | 43 Months Left

Year, Make, Model, and Trim: 2021 Lexus IS 300

Location: Miami

Monthly payment (After Tax): $615/mo + tax, includes $65/mo wear/tear & Tire protection)
Effective monthly payment (if incentive is provided): 685$

Current mileage: 10,000
Maturity mileage: 30,000
Effective miles per month: 625
Maturity date: June 5, 2025

MSD due (if any): 0
Cash due (if any): 3,000
Incentive for new lessee (if any): 0

Financial institution: Lexus Financial
Transfer fee: 200 (Paid by buyer)
Out-of-state transfer allowed (yes/no): Yes

Vehicle condition (accidents, tire wear, etc.), options, and other details: Mint Condition

Wrong sub-thread

Should be in private transfers

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@justsharing Thank you, It is in Private Transfers now !!

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Also, make sure the title is complete & as required for lease transfers.

Good luck

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Thank you!

Is the effective monthly on this $620 after the 3K DAS?

Correct. Its 615$ monthly if you want to keep the wear/tear coverages and tire protection.

It’s effectively $685/mo with the wear and tear, given the $3k incentive request.

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so $685/month for a 43 month lease with 625 miles/month remaining on a base Lexus IS300? SMH. Seems to be a terrible deal but GLWT OP.

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It’s 550$/month. I added the wear and tear for another 65$/month. I put down 6K. its 43 months remaining. You’ll pay low dollar on buyout at the end.

Plus $3k incentive, which makes the effective payment $685/mo if the wear and tear is included.

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Sure. Just wanted to break it down.

By all means. I’m just clarifying the effective payment since you left it blank in your original post.

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The new leasee can opt out of that and not pay it?

Correct. Its Optional.

Who’s the plan through, LFS? Never heard of a plan where you can cancel and they will adjust your monthly payment.


Lexus Financial. The two coverages are through 3rd party. You call and cancel anytime, they will send the Leasee a check for those coverages.

So the monthly payment is $615/mo + tax, no matter what. The leasee can cancel the plans and get a prorated refund, but the monthly isn’t adjusted.

That’s correct.

This deal is just plain horrible.