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Lexus RX 350 / RX 450h Lease Questions

1578 messages,  Last post on Dec 01, 2009 at 4:58 PM

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

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#1030 of 1578 by patriot21 Nov 20, 2008 (5:45 pm)
I am still working the numbers but I was going to out $3500 down plus the $1000 dealer cash and I'm getting $1400 for my trade in. The general opinion is that I am putting too much down??   I went to the Toyota dealer and asked about leasing a HL limited edition hybrid. Lowest number I could get was $719/mo which is crazy. I think if I could get it for around my price point of $500 I would go for it. Replies to this message: briegel (Nov 20, 2008 6:47 pm)
#1031 of 1578 Re: [patriot21] by briegel Nov 20, 2008 (6:47 pm)
Replying to: patriot21 (Nov 20, 2008 5:45 pm) I would suggest using the money you were going to use as down payment to make multiple refundable security deposits to reduce the lease money factor (by .00008 per each multiple) and thereby reduce the monthly lease payment. You get that money back at the end of the lease and it works out to a pretty decent return on that money. I have done that, as have many other posters on this forum.
#1032 of 1578 Re: Good deal? [cdwilli] by larryj42 Nov 23, 2008 (9:02 am)
Replying to: cdwilli (Nov 15, 2008 12:15 pm) "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 am in Dallas as well and this is the offer I got from Park Place Plano on the same car you leased: 36/mo 15k = $615/mo (only $620 due at signing) Money factor is .00195 (tier 1 plus credit) Residual is 52% of MSRP $44,841 (res is $23,317)   Using a lease calculator i figure the cap cost is about $39,700. My FICO score is 792, so I am not sure why the difference in MF or the residual. Which dealer did you buy from? Thanks. Replies to this message: cdwilli (Nov 23, 2008 10:10 am) larryj42 (Nov 23, 2008 11:52 am)
#1033 of 1578 Re: Good deal? [larryj42] by cdwilli Nov 23, 2008 (10:10 am)
Replying to: larryj42 (Nov 23, 2008 9:02 am) Larryj42 -- I did only a 12K mile so that is probably the difference in the residual but I would think the MF should be the same as that is a Lexus promotion. I did negotiate with Park Place and they actually came under by a few dollars but I purchased at Sewell because it was a better location for me. I negotiated everything over the phone. Replies to this message: larryj42 (Nov 23, 2008 11:52 am)
#1034 of 1578 09RX350AWD - No Navi by indus2 Nov 23, 2008 (10:34 am)
just closed the deal on a 09 RX350 AWD (non-Navi), list $43,591.   36 months, 15k, inception fees out of pocket (~$1700), $450/month including NJ tax.
#1035 of 1578 Re: Good deal? [cdwilli] by larryj42 Nov 23, 2008 (11:52 am)
Replying to: cdwilli (Nov 23, 2008 10:10 am) Thanks, cdwilli. You are right on the difference on the residual. I .will keep working on the .00095 MF
#1036 of 1578 Decent deal? by tjim Nov 23, 2008 (8:18 pm)
MSRP 42,892 for AWD non-NAV Cap Cost 36,462 $3000 up front 389.79 base payment (plus tax) MF .00145 36 months, 12,000 mi/yr San Francisco area Sound decent? Replies to this message: sixstringer (Nov 25, 2008 10:34 am) Timelockmind (Nov 25, 2008 8:05 pm) Timelockmind (Nov 25, 2008 8:15 pm) indus2 (Nov 26, 2008 9:57 pm) and 1 more...
#1037 of 1578 Feedback please! And soon! by Timelockmind Nov 23, 2008 (11:42 pm)
Replying to: steinboy (Nov 19, 2008 10:06 pm) I would appreciate any comments on a deal I may go with tomorrow (Monday)   Base rx350 AWD (no nav). Sticker right around 42,000.   The deal:   $1,539 down (first month's lease payment plus license, tax and registration)   36/15k   $455 per month (all inclusive).   Do you think I can I do better?   Much appreciated.
#1039 of 1578 2010 RX 350 by patriot21 Nov 24, 2008 (6:22 pm)
What is the general opinion on waiting until February for the 2010 model to come out? I'm wondering if I will get a good deal by waiting?

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