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Lexus RX 350 / RX 450h Lease Questions

1570 messages,  Last post on Nov 28, 2009 at 7:02 PM

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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#1062 of 1570
by Timelockmind
Dec 02, 2008 (2:13 pm)
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Los Angeles, California
#1063 of 1570
Just got deal on 2009 RX 350 AWD non nav by scottyb5
Dec 03, 2008 (11:18 am)
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I just closed a deal from a dealer in NJ for the following. I hope this helps:
 
MSRP=$43,591
Base Cap Cost=$36,779
Cost out of pocket for drive off fee= $950
Cap Cost Reduction= $1,000 dealer coupon
Adjusted Cap Cost= $36,729
Residual Value =$ 23,539 54% on 36k/3 yr lease
Money Factor/Int Rate= .00095 or 2.28%
Term= 36 months
Sales Tax= 9% (live in PA)
Monthly payment=$461.77
 
I hope this helps all of you! I basically called the 3 boardering states for the deal.
 
I feel this was a good deal!!!!!!
#1064 of 1570
by Timelockmind
Dec 03, 2008 (11:25 am)
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Congrats!
 
You've got the 3rd best deal I've seen!
 
Did you get the Lexus Visa credit card bonus deal (no interest in you down for 6 months plus $175.00 credit towrad any future Lexus service?
#1065 of 1570
Re: [Timelockmind] by scottyb5
Dec 03, 2008 (11:34 am)
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Replying to: Timelockmind (Dec 03, 2008 11:25 am)

Thanks,
 
Lexus Visa credit card bonus deal- I didn't do it for strictly not wanting to have another credit card open but I was offered that as well.
 
Thanks for the lookout though. This forum really helped out in the whole negotiation process. For those who didn't not purchase yet, just make sure you educated yourself about leasing and use the data in this forum as a benchmark for getting the deal closed.
#1066 of 1570
Re: Just got deal on 2009 RX 350 AWD non nav [scottyb5] by Blessendc
Dec 03, 2008 (1:29 pm)
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Replying to: scottyb5 (Dec 03, 2008 11:18 am)

Hey scott that looks like a great deal. i have couple of questions for you.
 how many miles did you get a year?
how did you get the dealer coupon?
and finally
what dealer did you use?
becasue everyone calling me back is around 589 with a nav but i can deal without nav at your price!
#1067 of 1570
Re: Just got deal on 2009 RX 350 AWD non nav [Blessendc] by scottyb5
Dec 03, 2008 (2:06 pm)
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Replying to: Blessendc (Dec 03, 2008 1:29 pm)

Hi Blessendc,
 
I got 12k/36k miles at a Residual at 54% which equates to $23,539.
 
Let the dealer know that you are aware of the $1,000 cash to dealer coupon and have them apply it to the cap reduction cost. If I were you I would use the terms I got or timelock or indus2 as a bargining tool. You might need to adjust bc you want a nav but if you can live w/o nav use or terms posted earlier.
 
I used a dealer in NJ but to be honest, once I got the terms I wanted it most but not all of the dealerships where pretty close. So, i would call around.
 
Hope this helps!
#1068 of 1570
by Timelockmind
Dec 03, 2008 (2:28 pm)
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I agree. The bottom line for the more aggressive dealerships is pretty clear. $7,000 to $9,000 off list for a non-nav!!
#1069 of 1570
RX 350 with Navi by rjohnson1987
Dec 03, 2008 (3:29 pm)
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Trying to decide whether to close this deal on a 2009 RX 350 with Navi, XM and trailer hitch installed. My problem is can this thing tow my 3500 lb boat without issue? Anyone out there towing? PLEASE HELP!!!
 
MSRP: $46241
Cap cost: $40000 (includes XM and trailer hitch $860)
Residual: $23954 or 52% (36 months and 15k miles/yr)
Money factor: .001 or 2.4% interest
Looking at $550 month with $1700 out of pocket
 
I would rather have another 4runner or a Highlander but this kind of deal can't be had at the Toyota dealer.
#1070 of 1570
by Timelockmind
Dec 03, 2008 (5:59 pm)
Reply
rjohnson1987
 
With more pushing you might be able to get a deal at a better cap cost... $38,000 or so and a better money rate .0095 which could put you at an approx $500 a month lease. (That's the deal my friend got with close to the same equipment)
#1071 of 1570
A Good Price? by tuckerman2
Dec 04, 2008 (6:23 am)
Reply
Bought the Lexus RX 350 for 38k flat +TTL. The MSRP is $46,241.
its the one with the NAV package and everything else.
 
good deal these days?

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