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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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| the doc. and bank acq. fee as bogus. I'm suprised you didn't put the tax and mv fees as bogus too. For that matter, why not put paying for the car at all bogus. And is the 559 + tax? Sounds like a good deal though. | |
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Finally decided after much to do that the RX 330 was the best out there - was going to wait to check out the BMW X3, but wont be available until after 2/1 - so whats the point! Has anyone seen/bought the multipanel roof package - have not seen any posts, and not normally the way our dealer gets them in, but looks intriguing - anyone know the scoop?? I would prefer no roof rack (who really climbs up there anyway), and like the idea of the open air! |
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| 559 includes tax-on my rx 300 (2000), 39 months i pay 467 inc tax-no money down on both | |
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| I'd go with it. And you have to remember that this is the first year of the new redesign, whereas your 2000 was not. Plus the good old fashioned inflation. Thank Uncle Sam for that | |
| Yeah, but the msrp is the same-so consumer suffers again-in my eyes it is better to buy than-paying one hundred more per month on the same msrpfor a lease is just not right! | |
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| If you have the means to purchase it outright, that is the best way to do it. The 100 a month is the bank's wallet getting fatter. With interest, bank fee, etc., it's easy to see why purchasing would be better than leasing | |
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MSRP on a lease calculates into the residual value which is only part of your deal since it represents the depreciated vehicle value after the lease term expires. Cap cost (selling price) and money factor/interest rate are of equal or more importance. What are they? If the deal is going thru Toyota Motor Credit Corp (TMCC), then your MSRP, residual value, and money factor are fixed by them on the RX330 (unless the dealer has added some options). So all that's left to negotiate is the actual selling price or "cap" cost. This is where most folks fail to get a good deal because they have no clue as to how their lease payments are calculated. I'll bet that more leases are written near or at MSRP than non-lease deals. |
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| There is no need to do the extra work. You are getting an excellent deal. This coming from a different dealer | |
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No, not really an excellent deal; an ok deal. Unless I have your figures wrong... $39k msrp 15,000 miles a year 36 month term - thru Toyota Credit? Cash for first month, lic, misc - $1450 $582 per month x 35 months Note: If $582 includes your sales tax the price is ok; if it doesn't, the price is lousy. Figures from my 2004 RX330 lease in Aug04... (FWD, Nav, Premium Plus, chrome rims). Payments are the same as my previous '01 RX300, primarily due to the lower interest rates: $41k msrp 15,000 miles a year 36 month term thru TMCC Cash for first month, lic, misc - $1500 $512 per month x 35 months (without sales tax) I don't think money factors have changed that much in the last 3 months - but you do live in a different area of the country and that is a factor in the cap cost. |
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1. jeff: it does include tax, yours is fwd, which costs less yes tmcc lease company 2. the residual is always off of the msrp, but the key is, yes, the cap cost, which on this car is 39,000. so on a 36/mo lease the residual is 56% for 36/mo 15k here in nj=23,345.28-39,000=so leasing 15,654.72 for 36 months. so payment is 434.85+interest(118.45)+(33.20)6%tax total payment=586.50,dealer is quoting 582.00 only way to lower it would be cap cost reduction the cap cost (dealer reduction) on my 2000 rx was significant |
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