Find Lexus Dealers in Grants Pass, Oregon

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Grants Pass, OR Lexus Car Consumer Discussions

how do you justify leasing a lexus?: by juanbron on Sun Feb 03 22:12:45 PST 2008; after 3 years of an A8, a car that I love but has been in the shop at least 10 times a year, i have decided that i want either a ls460 or the gs hybrid. I have to admit i have lexus lease sticker shock. The BMW residual value is so much higher I just don't understand who is leasing a lexus? Attached is the post I have on the 450h board but the same circumstances apply to the ls460. Please reply with any advise you have or is everyone just buying these cars? Incidentally, the price im being quoted on the gs is not much less than a similarly outfitted ls, albeit without the hybrid system. figure a couple grand down and a little over 1000 a month for the gs versus around 860 per month for similarly outfitted and msrp'd 535i. thanks: below is my gs post lease post if interested: I have made tons of calls to fleet managers, etc. and it seems that the gs450h, leases for a tremendous amount more than commensurate cars in its class. Granted, its the only hybrid in its class, but if you build a 2008 535i and get it to just about the same equipment level of the gs450h, and they have a very similar msrp, the 535i leases for a tremendous amount less. Not to bore you with all the specifics, but on minimum drive off leases, on a 36 month 12k lease the price difference is around 150 dollars more per month for the gs hybrid. I am trying desperately to lease this car but feel its a rip off because Lexus sets its residual value so low. Couple this with the fact that bmw pays for brake pads, etc. and i have a hard time pulling the trigger. My questions is what is the secret to leasing this great car at a price more in line with what bmw is leasing its cars at? Or do i just bite the bullet and buy the car?

trying to lease an 08: by juanbron on Sun Feb 03 22:03:26 PST 2008; I have made tons of calls to fleet managers, etc. and it seems that the gs450h, leases for a tremendous amount more than commensurate cars in its class. Granted, its the only hybrid in its class, but if you build a 2008 535i and get it to just about the same equipment level of the gs450h, and they have a very similar msrp, the 535i leases for a tremendous amount less. Not to bore you with all the specifics, but on minimum drive off leases, on a 36 month 12k lease the price difference is around 150 dollars more per month for the gs hybrid. I am trying desperately to lease this car but feel its a rip off because Lexus sets its residual value so low. Couple this with the fact that bmw pays for brake pads, etc. and i have a hard time pulling the trigger. My questions is what is the secret to leasing this great car at a price more in line with what bmw is leasing its cars at? Or do i just bite the bullet and buy the car?

Re: Buying advice in Northern California [sloopg]: by chadx on Mon Sep 24 12:02:12 PDT 2007; >>>I have to sell my current car privately because you get ripped trying to do this type of deal with a trade in.. dealerships are offering $2500 under KBB trade in value. I hate privately selling my cars but the $$$ difference is too great.>>> Keep in mind you will have to get a fair amount MORE from a private buyer to make up for what you would save in taxes with a trade-in. When you trade in a vehicle, you only pay taxes on the amount after your trade in price is deducted. Not on the entire negotiated purchase price of the new vehicle. Basically, if your trade in is worth $20,000 and you live in an area of 9% taxes, you'll have to pay an extra $1,800 in taxes if you don't trade in your vehicle. You'll have to get an extra $1,800 from a private buyer just to break even (not including your time, advertising fees, liability, etc.) Granted the total value of your current car, your locations taxes, etc. will effect this, so it might be worth it, but this is one more part of the total equation to consider. Another factor is the market for your particular used car in your area. In many areas, you won't get anywhere near KBB when selling a used vehicle because there have been such good deals on new for the last few years, the used market is flooded with inventory. Of course, the opposite could be true if your particular vehicle is not as common and in demand.

Re: is this a good deal??? [heidibrat]: by tdoh on Tue Jun 26 10:43:21 PDT 2007; Given the additional info you provided in your post #173, I'd say that $588/month is a bit too high. Granted my lease is 36/12K, but MSRP on my ES (UL w/ nav) was $44288, w/ a selling price of $39963...yet my payments are pretty much identical to what you were quoted; all I paid up front was the acquisition fee. I honestly would find it a bit hard to fathom that the difference in residual between a 36/15K and 36/12K lease would account for the $6000 difference in selling price...but maybe Car_man could very well prove me wrong since he is the expert when it comes to car lease figures. And oh yeah--my credit score was (unfortunately for me) quite a bit lower than yours...meaning that the rate I got was probably higher than what you may very well wind up with...thus making it a bit more harder to understand how your monthly payment could be the same as mine. FWIW--I notice you're in Roseville, CA (I'm from Rocklin); you wouldn't happen to be getting those quotes from Lexus of Roseville? I ask because when I was shopping for mine, L of R would not even touch the deal I got from Coliseum Lexus of Oakland (that was back in 8/06, but I would imagine L of R still won't be willing to compete w/ many of the Bay Area Lexus dealers since they really believe the majority of folks who live in the Roseville/Rocklin area must be earning tons of money). Guess where I wound up buying my ES from? Definitely not from Roseville... ;)

Price for a new Lexus 2007 GS450h: by kenbt on Tue Mar 27 14:52:49 PDT 2007; Thanks for sharing your opinions all. 2007 GS450h MSRP INVOICE $66,842.00 $58,789.00 CHROMES $3,995.00 $1,900.00 BLACK KIT $695.00 $325.00 XM RADIO $1,695.00 $760.00 TOTAL SELLING PRICE $73,127.00 $61,784.00 Plus Fees I just got off the phone with the Lexus Dealer and I told them I wasn't happy with $67K OTD. I preferred $66.8 OTD- they countered back at $66.9 OTD- Said no- and they said you are going to say no over $200- I told them yes- Like so many things granted it is only $200- but on the other hand it is a $66.8 OTD Deal. I was supposed to stay on the phone while they asked the GM again but I had to leave my cellular to take care of some business. I missed their call but I think they took my $66.8 OTD. Now I have to figure should I grab it- or - wait for the 2008 GS. They reminded me that it is under invoice and into the coveted "2% Holdback". Any opinions would be appreciated.

My lease offer--fair deal or not?: by tdoh on Sat Aug 19 08:13:27 PDT 2006; Hi--been lurking a bit here on the ES350 forum but am almost ready to pull the trigger on a lease...here are the numbers my local dealership gave me: ES350 (UL, ML, intuitive parking assist, rear lip spoiler, pref. acc. pkg.): Lease terms: 36 mos./12K miles (60% residual) MSRP: $44288 Purchase price: $39963 Cap cost reduction: $333.58 Monthly payment (incl. tax): $619.73 Drive-off: $2000 ($1046.69--which I assume includes acquisition fee, vehicle registration, and other required fees; $619.73 first month payment; and $333.58 CCR--yes I could just not pay the CCR but then my monthly payment will increse to $630.84), w/ no security deposit required. Unfortunately, my FICO-II Auto score isn't all that hot but the finance guy was willing to grant me a Tier exception which bumped me up (down?) to Tier-2 money factor (0.00325). Any thoughts on whether the above is a fair lease offer would be greatly appreciated! Thanks!

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