I haven’t looked at this closely as the reviews on the power in the car aren’t what I need. Looking on the Lexus site they have 2850 in lease cash for Southern California. The MSRP is $32455. Truecar shows a few people paying an average of 26400 and some in the 25250 range. If I’m correct I’m getting around $250 a month with max MSD at the average selling price, so you could probably do much better, maybe even $215?
Am I correct?
I wouldn’t be surprised if you could get one for Prius money. (Granted, I’d rather have a Prius, or even better, a Volt. But it does have a Lexus badge…)
Here are the numbers for Southern California:
2016 CT 200h
24/10K: 60% residual, .00010 MF
36/10K: 54% residual, .00010 MF
complimentary first month’s payment
Targeted: $1,000 Grad
Assuming MSRP of $32,200 and a selling price of $25,250 (inclusive of dealer cash), that’s $243/month and ~$1,200 drive-off assuming 9% sales tax. Even less if you’re a recent grad!
I can see how they are selling for $25k, if its a completely stripped down base model. but who wants a lexus without a moonroof or heated seats, Michael is right, may as well get a prius.
Currently with the .00010 MF, no MSD’s allowed because its already subvented.
I have this 2016 CT200h $1239 Due at signing $316 w/ tax, All in with fees and tax’s.
36 month 10,000 miles per year $18721 residual value.
**MSRP $34669 / Price $28401
I have two at this price.
Model Year 2016
Model Description CT 200h 5-DR Sport Sedan
Exterior Color 0085 EMINENT WHITE PEARL
Interior Color EA00 PARCHMENT
Body 5-DR Sport Sedan
Number of Cylinders 4
Packages
P Z2 Cargo Net/Cargo Mat/Wheel Locks/Rear Bumper App
Accessories
F BC Backup Camera mounted in Auto-Dimming Rearview Mirror with Compass
F PE Seat Comfort Package Includes: Heated Front Seats, 4-way Power Passenger Seat
F SR Power Tilt-and-Slide Moonroof w/Sliding Sunshade