Sign In Join 



Lexus RX 450h Prices Paid and Buying Experience

544 messages,  Last post on Oct 19, 2009 at 12:04 PM

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

What is this discussion about? Lexus RX 400h, Lexus RX 450h, Hybrid Cars, SUV


Messages Page 49 of 55
1
...
46
47
48
49
50
51
52
...
55
Prev
Next
Last
Go To Msg #
Search This Discussion

#476 of 544
Re: Great Experience [Justinguo] by bocastephen
Jan 21, 2009 (1:36 pm)
Reply

Replying to: Justinguo (Jan 21, 2009 12:49 pm)

sorry, I had it listed upthread...but it was a December to Remember deal, which is no longer available as a good lease, and you should get a better selling price now than I did with the heftier factory rebate.
 
MSRP was 49,4k
Selling Price (cap cost before 1k DP) was 40,8k
MF was 0.00035 (December to Remember)
Residual was 47%
Monthly Pymt before sales tax - 506
Total Drive Off was under 2k including 1k DP, license, first month, no dealer fees
 
As I noted in the R400h lease thread, I re-ran the numbers using the 0.00285 MF, the 46% residual and chopped almost another 3K off the selling price of the car because of the better factory money, but the payment went up by almost 80/mo due to the horrible money factor and worse residual being offered now.
 
If you can finance the car instead of leasing it, you should be able to get the same car I did for about 37 and change.
 
My car is a 2WD R400h with leather, Nav, wood, tow prep, heated seats, and graphite wheels
#477 of 544
other capitalized costs in leasing 400 h by austin999
Jan 23, 2009 (8:31 am)
Reply
I'm wondering if anyone else had the following extra captialized costs in 400 h lease?
Acquistion fee = $700 (is this mandatory/optional)
L & M fee = $493.80
MV Sales/Use Tax Reimbusement = $78.47
#478 of 544
Re: other capitalized costs in leasing 400 h [austin999] by bocastephen
Jan 23, 2009 (9:46 am)
Reply

Replying to: austin999 (Jan 23, 2009 8:31 am)

700 acquisition fee is mandatory - you can offset it via a downpayment if you don't want to finance it.
 
Not sure what the L+M fee is, but if it's license and title, then it would depend on your state - again, you can pay that upfront in cash and not finance it. MV sales/use sounds like a state tax or something - have your dealership finance man explain all these numbers.
#479 of 544
1 pay lease - advantages/disadvantages by austin999
Jan 23, 2009 (9:55 am)
Reply
has anyone tried 1 pay lease or multiple security deposit(s) option.
It seems to be about $2,500 less lease payment, with 1 pay lease for 3 yr lease term.
 
I'm not sure if there are any disadvantage(s) with this 1 pay lease option from Lexus.
 
Also, any input/feedback with multiple security deposit(s), is very much appreciated.
#480 of 544
Re: 1 pay lease - advantages/disadvantages [austin999] by briegel
Jan 23, 2009 (10:10 am)
Reply

Replying to: austin999 (Jan 23, 2009 9:55 am)

I have used the multiple security deposits option, as have several others on this forum. It is a good way to reduce the money factor and therefore the monthly payment. You use your available cash as an investment that gives a return in the range of 15% plus based upon the difference in the monthly payment. The money is returned to you at the end of the lease. The monthly payment is not reduced as much as it would be if you used the cash as a down payment, but you eliminate the risk of loss in the case of the car being totaled.
#481 of 544
Re: 1 pay lease - advantages/disadvantages [briegel] by austin999
Jan 23, 2009 (10:21 am)
Reply

Replying to: briegel (Jan 23, 2009 10:10 am)

I greatly appreciate your feedback.
 
how much will the MF be reduced with the multiple security deposits option?
 
#482 of 544
Re: 1 pay lease - advantages/disadvantages [austin999] by briegel
Jan 23, 2009 (10:45 am)
Reply

Replying to: austin999 (Jan 23, 2009 10:21 am)

When I did this four years ago the MF was reduced by .0001 per MSD. As interest rates dropped that became .00008. Recently a poster stated his reduction was .00001, but that didn't seem right. The dealer or his finance guy should be able to tell you the current correct reduction amount.
#483 of 544
Re: Great Experience [bocastephen] by Justinguo
Jan 26, 2009 (3:28 pm)
Reply

Replying to: bocastephen (Jan 21, 2009 1:36 pm)

However the offer price last several days I got from Putnam Lexus and Stevens Creek Lexus ( both are bay areas dealers) are all around invoice price with no intention to negotiate. I am confused that they dont' even take into account the $6000 manufactuer to dealer cash at all. Anybody last one or two weeks got any quote on 2008 400h?
#484 of 544
Re: Great Experience [Justinguo] by bocastephen
Jan 26, 2009 (4:04 pm)
Reply

Replying to: Justinguo (Jan 26, 2009 3:28 pm)

Two questions:
 
1) how is their inventory? With 4-6 months remaining before the '10 hybrids show up, they might be down to a few cars and decided to play cute with the remaining inventory thinking they can pump some extra profit out of them, especially if someone put a bug in their ear that gas prices might be going up (which they're not)
 
2) do they know that you know about the factory cash? Did you confront them about it?
#485 of 544
Re: Great Experience [Justinguo] by rca2
Jan 26, 2009 (8:53 pm)
Reply

Replying to: Justinguo (Jan 26, 2009 3:28 pm)

We bought a new 2008 400h at Stevens Creek and were able to negotiate a significant discount. $41837 for a vehicle with MSRP $52371. Hope this helps. Good luck with your search.

Messages Page 49 of 55
1
...
46
47
48
49
50
51
52
...
55
Prev
Next
Last
Go To Msg #
Search This Discussion
To POST a message, please Sign In.

New? Join Now!

Forum Tools

Please sign in.
Email Address:

Password:

Forgot Password?

Search Forums

Enter Keyword(s)

Advanced Search

Browse by Vehicle



View All Vehicles
Advertisement
Ask the Community
See What People Are Asking

Browse by Board

Browse by Topic


View All Topics

Today's Chats

Advertisement