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Prices Paid: Buying & Leasing Experiences Lexus GX 470 Lease Questions
259 messages, Last post on Oct 27, 2009 at 1:42 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: gemini64 (Dec 04, 2005 7:14 am) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: chrismang1 (Dec 13, 2005 8:28 am) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: phat3 (Dec 14, 2005 3:19 pm) Car_man Host Smart Shopper / Prices Paid Forums |
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Hi, car man sorry about not mentioning the selling price. However the MSRP is about 56,841 including Nav and DVD system. what would be the best neg. price for this vehicle. Remember the total out pocket was 4,000. and a quoted price of 588. per mo. Thanks a Million Phat3
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Hello, car_man. Looking to purchase a GX470 by year end. Have never leased before and local dealer is strongly suggesting lease is the way to go. Numbers, however, don't seem close to what I see on this forum. MSRP of quoted vehicle is $53,800. Lease is 48 months at 15K miles per year. Money factor is .00235. TOP is $3,145 (no security deposit and $1,500 cap reduction). This TOP is conveniently covered by the $3,200 offered for my 2000 Dodge Caravan (68,000 miles). Will probably try selling that myself if I can't negotiate a better overall deal. Monthly payment comes to $694.75. Seems way too high based on what I'm reading here. I will end up going for a GX470 with the sports package and rear entertainment system so MSRP will be higher. But anyway, what do you think? Do I forget the lease and just go back to purchasing as I have always done? Don't quite know how to assess when the lease would be better than purchase. Thanks
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Dear Carman, I would love your expert opinion. I visited a Lexus dealership in Raleigh and here is the deal they proposed after several hours. Lexus GX470 w/Nav, Mark Levinson Sound, Third Row, Rear Spoiler, Tow Hitch, Preferred Accessory Package. Lease 39month, 12K/year MSRP: $53576 Final Price: $47535.00 Residual: 56% MF: .00120 Monthly Payment: $603.13 (already 3% sales tax included) First payment due at signing, 0 downpayment, 0 security deposit. Do I have any more room to negotiate or do I have the best deal available. I must admit, they were very professional and the best customer service I've received but I just hate the "process" of buying a car!
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Replying to: banneheim (Dec 17, 2005 1:14 pm) 
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Replying to: banneheim (Dec 17, 2005 1:14 pm) Lexus GX470 w/Nam, Mark Levinson Sound, DVD, Third Row, Rear Spoiler, Tow Hitch, Preferred package. Lease: 39month, 12K/year MSRP: 55399. Final Price: 48216.00 Residual: 55% MF: .00120 Monthly Payment: $600.00 (already 3% sales tax included) First payment paid at signing, 0 down, 0 security dep. Any thoughts on the deal? This forum was a great help!!! I was first quoted $714.00 month.
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Replying to: banneheim (Dec 20, 2005 5:08 pm) can u pl. let me know which delear/state you did this deal. i am looking at the exact same car with sports package MSPR 56891 final price 51600 residual 58 mf .00160 monthly 653 (tax for 36 months paid upfront) first payment is taxes, title,licencse,first month (around 2.4k) let me know please. i have to make up my mind by tomorrow..please
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Replying to: anandks (Dec 28, 2005 1:06 pm) |
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