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Lexus RX 330 Prices Paid and Buying Experience - READ ONLY

3130 messages,  Last post on Oct 08, 2008 at 6:33 AM

You are in the Prices Paid & Leasing Experiences Archive Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Lexus RX 330, Car Buying, SUV


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#2446 of 3130
Re: Delayed delivery - what to do? [newmowner] by yyy
Nov 09, 2005 (10:17 am)

Replying to: newmowner (Nov 09, 2005 9:10 am)

We got to a "delayed" situation last May when shopping for RX. We decided to buy from other dealership when we found out that the 1st dealer is playing the delaying game. We finally got the fully loaded 4WD $500 less then the invoice as the 1st dealer quote. The car is made by Toyota, so I really don't think there is a need to buy from a certain dealership. We got the refund back from the 1st dealer without any issue. I suspect the reason for the delaying by the 1st dealership is due to the car is being sold as quickly as it arrives, and hence the dealership has no incentive to sell the RX at that price. When I asked for a refund, the dealer did it right away. I can tell that he is quite happy for not having to get my call again. Good luck,
#2447 of 3130
My New RX330 by newmowner
Nov 09, 2005 (3:55 pm)
This weekend, I will be picking up my new 2006 RX330 AWD with Navigation. MSRP $45,708, sale price of $41,000 plus fees ($167) and tax. I can't wait!
#2448 of 3130
Re: RX330 Fair Price [nc_driver1] by seabush
Nov 09, 2005 (4:36 pm)

Replying to: nc_driver1 (Nov 08, 2005 1:58 pm)

What's the MSRP?
#2449 of 3130
Re: RX330 Fair Price [seabush] by nc_driver1
Nov 09, 2005 (5:51 pm)

Replying to: seabush (Nov 09, 2005 4:36 pm)

The MSRP is $40,300.So far I got a selling price of $36,101. Still working on the residual and money factor.
Any suggestions? Thanx in advance.
#2450 of 3130
Re: RX330 Fair Price [nc_driver1] by seabush
Nov 09, 2005 (8:39 pm)

Replying to: nc_driver1 (Nov 09, 2005 5:51 pm)

I think $35,800 is fair. The invoice on this car is $35,477. If you subtract holdback and addback 3% dealer profit, then you get an offer price of $35,800.
 
http://www.carbuyingtips.com/lease2.htm?x=0tekxgl_eoyyqkz_ttky3&y=Wed%20Nov%2009%2023:24:2- 5%202005
#2451 of 3130
Expanding Audience - Lease Questions by mutt32
Nov 10, 2005 (7:48 am)
Hello Folks,
I am interested in a 2006 premium plus with nav. MSRP 45,708. I am planning a 39 month lease, with 12k miles/yr.
  
Please give me an opinion of the following parameters:
1) Sale price $41,800
2) Money factor 0.0026
3) Residual = 57%
4) Acquisition Fee = $650
5) Security Deposit = $0 - assumes excellent credit
This gives me a monthly payment of $598.53
  
Another questions; Maryland has a 5% sales tax. Should I pay this amount $2090(5% of sale price and acq. fee) up front at signing or can I pay this with the monthly payment.
  
Thanks,
Michael from MD
#2452 of 3130
Re: RX330 Fair Price [seabush] by nc_driver1
Nov 10, 2005 (2:30 pm)

Replying to: seabush (Nov 09, 2005 8:39 pm)

Thank you. I could not get that price $35.8. I think I will settle for $36,101. It's only $300 more.
Do you believe that 56% residual and money factor of 0.00235 is good? They claim that there is a $600 acquisition fee from LFS. Is that true?
Thanx in advance.
#2453 of 3130
Re: RX330 Fair Price [nc_driver1] by seabush
Nov 10, 2005 (6:18 pm)

Replying to: nc_driver1 (Nov 10, 2005 2:30 pm)

36,101 is a very good price. The difference isn't worth arguing with the dealer over. What's the lease term?
 
Example
 
$40,300 x .56 = 22568 (Residual value)
 
36,101 (net capitalized cost)- $22,568 (residual value) = 13,533(depreciation)/36 months =$375.92 (monthly depreciation payment)
 
($36,101 + 22,568) x 0.00235 (approx 5.64% interest rate)= $137.87 (money factor payment portion)
 
Total payment = $375.92 + $137.87 = $513.79 (excludes $600 acquisition fee and sales tax). Note: When I add sales tax and the acquistion to the total cost, my payment for this car would be $558.46 per month (total payments of $19,147.16 for three years/12,000 miles per year.)
 
I noticed that some companies are leasing for 1.9% to 2.9%.
 
I would try to halve money factor to .001175 (2.82% or half of 5.64%). That will bring your payment to $485.34. (MD resident with no money down). I've never leased a car. I can't imagine paying an acquisition fee. I understand money factor rates are lower in December. You might want to wait until then.
 
Also, I highly recommend using the lease calculator at http://www.carbuyingtips.com/regm.xls. It is very useful in helping you quickly crank out numbers.
#2454 of 3130
by elos
Nov 11, 2005 (2:55 pm)
Hi,
 
I got the following quote.
 
Package III (Premium Packagae +) - $48,943*
 Mark Levinson Premium Audio
 Rear-Seat DVD Entertainment System (RSES)
 
In Plano, TX, what would be a good price for this vehicle? Anyone with refent buying experience?
 
ELOS

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