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Prices Paid: Buying & Leasing Experiences Lexus RX 350 / RX 450h Lease Questions
1589 messages, Last post on Dec 07, 2009 at 7:30 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: 2iugrads (Nov 14, 2008 9:36 am) I think you can get similar deal nationwide, but most definitely in Northeast.
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Replying to: cityboy2 (Nov 14, 2008 10:48 am) 36mo 15k mi/y MSRP + destination $46,240 cap cost = $40,240 MF 0.00085 RV 52% (5k mi/y more) $0 down 7.75% tax included payment $545.00 Have this quote in writing and confirmed over the phone
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Replying to: mjfloyd1 (Nov 13, 2008 5:31 pm) Moreover, are these security deposits would be refundable if car stolen,totaled, etc.? |
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Replying to: 2iugrads (Nov 14, 2008 11:17 am) The only thing that sticks out is your MF of .00085. Really low. Did you negotiate it? what state are you in?
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Replying to: cityboy2 (Nov 14, 2008 11:31 am) I'm in Ohio, and this is a dealer in Cleveland. |
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I am going to the dealer tomorrow. He offered me an outright all cash purchase price of $42,500 for a 400Hybrid that has an MSRP of $51 approx. We know that we would trade it in at end of 3 years since new technology will make this car a dinasaur. Please explain how I should negotiate with the sales mgr, who I have an apptmt with tomorrow. I like the idea of a "one pay lease" whereby I will trade my wife's 2006 Pilot w nav and leather in (and hopefully have very little cash outlay to consummate the lease. she will need a lease with 20,ooo miles if this is possible as she drives about 22,000 miles a year usually. I do not understand the terms such as the .00150 and 48% (does the lease mean no down payment? do I first negotiate the discounted price of car and reveal that I want a lease ? and then reveal that I have a trade-in ? Do I have to negotiate hard to get a 20,000 mile per year lease ? A sales mgr of a distant lexus advised me that this would be good for me if I definitely would trade in 3 years and insisited on paying cash if I didn't lease (due to my bad health condition etc). HELP- - - - HELP - - - -HELP. tHANKS IN ADVANCE.....Reddog
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Replying to: flugel (Nov 14, 2008 1:53 pm) |
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I just leased a 09 RX350 with an msrp of $44841 (with navigation) for cap cost of $40,310.78, mf .00095 and residual rate 54%. I'm in Dallas and they did no sales tax and used the $1000 mfg credit like a down payment. This is 36 month, 12k/year lease and the payment is $525. All I paid at delivery was first month plus title and registration -- $657.55. I negotiated between two local dealers and the other would have gone about $5 less on the payment but I went with the dealer closer to my house and with whom we have dealt with prior. I feel like I got a great deal. |
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I have gotten the following deal MSRP: $43,591 Lease: $39,591 Residual: 44.00% Money Factor of 0.00105 48 months/12k $455/mo The car has everything but Nav. Dealer says Nav is about $40 more per month. Does this sound like a good deal? I also drove the '09 highlander hybrid today to get a comparison to the rx. I was surprised to find the interior much nicer in the Highlander. It has keyless ignition, 3rd row seating (out of the floor) and a much better center console. It seems that this is the way the '10 RX will look and its a shame I need to buy now. Anyone know why the '09 doesn't have these features?
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