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Prices Paid: Buying & Leasing Experiences Lexus RX 350 / RX 450h Lease Questions
1580 messages, Last post on Dec 03, 2009 at 8:39 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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I did not have to pay any "security fee" and paying all the taxes up front means you're actually paying $522 a month on your lease . You can do better - get rid of that $600 "security fee", get that $1,000 coupon, and reduce your lease to 500 a month (taxes included). Remember timing is everything so you might want to hold out until the last two days of the month. Good luck!
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I am trying to lease a 2009 RX350 for my mom. Here is the current deal and I am trying to determine if this is good or not: Nav system, no DVD 36 month/15k miles First month pmt due at signing along with $200 or so for license (taxes and all rolled in) MSRP: 44,841 Cap cost: 40,726 Money factor: .00180 ** The have to get the car from another dealership so they have some transfer costs 52% residual Pmt: $598/month Any idea if this is any good and if not, where I should target? Thanks for any assistance! Shawn
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| Shawn -- you can do WAY better. Take a look at the other lease deals on the page and try to match them with your local dealer. | |
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Replying to: Timelockmind (Dec 05, 2008 7:35 am) |
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Replying to: redraider1994 (Dec 05, 2008 11:04 am) I am signing on a deal this afternoon for the exact same vehicle and MSRP. I don't have the exact cap cost for my deal but I can tell you the Money Factor is .00095 and 52% residual. My deal is for $1,100.00 Out of Pocket and $481.00p/month tax inc. So you could work on the Money Factor for sure. In case you may not know, tell them about the $1000 Manufacturer to Dealer incentive, to throw that in. I'm actually considering going with 12k per year to bump the residual up to 54% and save and extra $28 per month more. Hope this helps.
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Could anyone answer this for me? I see the Cash to Dealer support at Edmunds has changed from $1000 to $2500 begining December 2nd. Is this correct?? Do we have and extra $1,500 to negotiate with? Anyone's quick response would be greatly appreciated as I am slated to sign a deal later today.... Thanks.
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We were offered one with navigation, XM, Ipod hook up, 20,000 miles/yr with $1700 down for $699/month in a 36 month lease. Lexus told us the prepurchased miles are  $.20/mile, I know Acura and Infinity are $0.10/mile as we are comparing the Acura MDX and Infinity FX35. Is this a fair deal?
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Replying to: gordo025 (Dec 06, 2008 10:59 am)
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sorry i forgot to add that the payment also includes the dealer absorbing the last 2 lease payments of my current acura lease for a total of $1232 so I could purchase now and not wait until my lease runs out. This is at a dealer in northern NJ. Thanks Dan |
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Replying to: dealmaker2008 (Dec 06, 2008 3:42 pm) MSRP $44,841.00 (DVD NAV, Premium Plus, Towing Pckg) Sell Price $37,698.50 Terms 36/12k Money Ftr 0.00095 Residual 54% Out of Pocket $1,100.00 (First month, Tag, Fees, Cap cost reduction) Monthly $481.00 tax in (7% tax) Reading the forum I have noticed that Regional location seems to matter for pricing pressure as well. I'm in Miami and Lexus is not struggling here. This was actually the only dealership which had the color combination I was looking for (smoky granite with black int.) and only had one. they are selling this vehicle rather easy here from what the dealerships have told me. They are more concerned with getting allocation for the 2010 RX. Hope this could be of help to someone down South if it's considered a good deal.
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