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Lexus RX 350 / RX 450h Lease Questions

1582 messages,  Last post on Dec 03, 2009 at 11:27 AM

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

What is this discussion about? Lexus RX 450h, Lexus RX 350, Car Leasing, SUV


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#1019 of 1582
Good deal? by cdwilli
Nov 15, 2008 (12:15 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.
#1020 of 1582
RX350 by patriot21
Nov 16, 2008 (6:29 pm)
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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?
#1021 of 1582
Re: RX350 [patriot21] by maximafan
Nov 17, 2008 (10:05 pm)
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Replying to: patriot21 (Nov 16, 2008 6:29 pm)

Patriot, the Highlander came out with a new body style last year.
The RX is not due to come out with the next generation body style until sometime in the Spring of '09. I'm still not sure whether the '09 RX will have third row seating or not.
#1022 of 1582
Re: RX350 [patriot21] by md_outback
Nov 18, 2008 (10:14 am)
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Replying to: patriot21 (Nov 16, 2008 6:29 pm)

Hey patriot21,
The selling price of 39591 looks reasonable, you may even get them to go a bit lower - push them hard 'cause there aren't many people buying cars these days. Concern is that the numbers you supplied do not work out to a $455 payment without some upfront cash from you. Make sure you get all the numbers from the dealer, including acquisition fee (usually around $600), plus taxes and other fees. Once you have all the numbers, you may also want them to run the lease based upon 36 months. Doing so may result in a better deal.
 
As another person replied, the current RX is the same overall style that's been around since 2003, so other than an engine change (from 3.3 to 3.5 litres), there have not been significant changes to the RX. You won't see a third row seat in this vehicle because Lexus has two others (the GX & LX) for that. The exterior of the new 2010 RX will look pretty much like the current vehicle. Photos I've seen of the interior do not look very appealing but we should have a better idea of this later this week from photos at the LA Auto Show.
#1023 of 1582
Re: RX350 [md_outback] by briegel
Nov 18, 2008 (10:34 am)
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Replying to: md_outback (Nov 18, 2008 10:14 am)

2004 was the first year of the current RX style.
#1025 of 1582
Deals in NY by mdinny
Nov 18, 2008 (5:36 pm)
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Replying to: cdwilli (Nov 15, 2008 12:15 pm)

I just got a quote for a lease on a 2009 AWD rx 350 in NYC
 
12K miles for 36 months
Navigation
Premium plus
Heated seats
18 inch tires
Tow ready package
rear entertainment
 
I was quoted 554 per month with everythin rolled including taxes. has anyone seen a better deal in ny area
#1026 of 1582
Re: 2009 rx400h [womble] by Car_man HOST
Nov 18, 2008 (5:40 pm)
Reply

Replying to: womble (Nov 10, 2008 9:05 pm)

No problem, womble. I have not seen the lease program for the 2009 RX 400h yet.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1027 of 1582
Re: MSD [mjfloyd1] by Car_man HOST
Nov 18, 2008 (5:45 pm)
Reply

Replying to: mjfloyd1 (Nov 11, 2008 10:39 am)

Hi mjfloyd1. I haven't looked into it lately, but the last time that I checked Lexus Financial Services' reduced vehicles money factors by .00010 for every extra security deposit.
 
Lexus is providing $1,000 dealer cash on the '09 RX 350, but I am not aware of any certificates.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1028 of 1582
2 Year Leases by coler23
Nov 19, 2008 (12:59 pm)
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Hi.. I am looking for a 2 year lease on the rx 350. My last lease was a 3 year and I know they offer the best terms, but I was wondering if anyone knew what residual would be for 2 years...
 
Thanks

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