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Prices Paid: Buying & Leasing Experiences Prices Paid & Leasing Experiences Archive Lexus RX 330 Prices Paid and Buying Experience 
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
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Replying to: seabush (Nov 09, 2005 4:36 pm) Any suggestions? Thanx in advance.
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Replying to: nc_driver1 (Nov 09, 2005 5:51 pm) http://www.carbuyingtips.com/lease2.htm?x=0tekxgl_eoyyqkz_ttky3&y=Wed%20Nov%2009%2023:24:2- 5%202005
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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 |
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Replying to: seabush (Nov 09, 2005 8:39 pm) 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.
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Replying to: nc_driver1 (Nov 10, 2005 2:30 pm) 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. |
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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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Replying to: seabush (Nov 10, 2005 6:18 pm) MSRP $40,603.00 Final Negotiated Price $36,101.00 Acquisition Fee $600 Tax 3% Doc. Fee $399 Tags $69 Residual 56% Money Factor 0.00235 36 months lease w/15k miles/year With O money down-actually I paid for the tags and first payment, the monthly payment is $555.75
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Replying to: seabush (Nov 10, 2005 6:18 pm) |
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I got a quote for a 2006 RX330 w/ Navigation for 43,700.00 out the door. What do you think? I think I can get a better deal toward the end of the month.
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