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Lexus RX 350 / RX 450h Lease Questions

1571 messages,  Last post on Nov 29, 2009 at 10:28 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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#1170 of 1571
Re: Bay area offers [scoutandatty] by spingrinder
Dec 22, 2008 (6:09 pm)
Reply

Replying to: scoutandatty (Dec 22, 2008 11:38 am)

Scout - I'm trying to figure this out and I'm not trying to say your deal is bad. Can you break down your numbers a little more? What is the agreed on price out the door?
 
I get the following on a RX350 w/Navi, No Levinson-
MSRP $43850
Assume $6k off $36850
Resid. 52% $24287
MF .00095
Term 36 mo.
Tax (7.5% for me)
 
                             = $437.58 per mo. incl. taxes.
 
Also, I'm currently working on a deal for a 400h with $895 drive off at $520 mo. for a 36 mo., 12k per year (which works out cheaper at that rate even if I drove the extra 9000 miles at 0.25 per mile.)( I Do not have the actual drive off price for that in writing yet though.)
#1171 of 1571
Re: Bay area offers [spingrinder] by rain_man
Dec 22, 2008 (7:11 pm)
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Replying to: spingrinder (Dec 22, 2008 6:09 pm)

I cannot quite get your numbers to add up. 52% of $43850 is only $22.802.
#1172 of 1571
Re: Bay area offers [spingrinder] by scoutandatty
Dec 23, 2008 (3:30 am)
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Replying to: spingrinder (Dec 22, 2008 6:09 pm)

Let's see:
 
2009 RX 350
Navigation
Premium
36 months
15,000 miles
.00095 MF
52% residual of $45,426 (MSRP)
 
$39,250
$516/month + 8.25% = $556 (ish)
$954 at closing (1st month + fees)
#1173 of 1571
beginner buyer by holla322
Dec 23, 2008 (6:21 am)
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i am looking at 2009 rx 350 awd with Navi. I live in the ny area and want to know what is good round abt lease price that people have been getting/expecting from the dealers. also do dealers still have the 2008 rx350 model? or are they very hard to find now? i do not mind travelling to any dealer within ny, nj, and ct. Any information will be greatly appreciated. thank you in advance.
#1174 of 1571
Re: Bay area offers [scoutandatty] by scoutandatty
Dec 23, 2008 (6:25 am)
Reply

Replying to: scoutandatty (Dec 23, 2008 3:30 am)

My bad - I didn't include the fact that the dealer paid $2600 to end my existing lease - so the actual price is $36,650.
#1175 of 1571
Re: Bay area offers [scoutandatty] by spingrinder
Dec 23, 2008 (11:20 am)
Reply

Replying to: scoutandatty (Dec 23, 2008 6:25 am)

Wow - that's good negotiating to get them to pick that up. Usually they just try to hide it by rolling it into the payments.
#1176 of 1571
Just leased an '09 RX 350 by larryj42
Dec 23, 2008 (1:29 pm)
Reply
I just leased an '09 RX 350 in Dallas on 12/20/08. It has Nav & the Premium Plus package. The lease was for 36 month/15k miles per year.
MSRP-$44,841.
Selling price-$38,500
Residual-52%
MF-.0012-I could not get the .0095 even though my FICO score is 793.
They paid off my current lease-2 payments-total $1056.
Upfront charges-$670.93 (first payment & documentation)
Payment-$526.93
The deal was all over the phone. Initially their quote was $39,500. I might could have got better, but I am happy with it.
#1177 of 1571
by Timelockmind
Dec 23, 2008 (5:06 pm)
Reply
I haven't checked in for a while and am very surprised that the deals aren't better. At the end of November lots of folks were getting 7 to 9 off list. As it's the perfect time for dealing (end of the month, end of the year, weak economy, overstock) has anyone gotten 10 off list?
 
My deal -- list at 44, bought at 35.
 
#1178 of 1571
Re: [Timelockmind] by Blessendc
Dec 23, 2008 (6:17 pm)
Reply

Replying to: Timelockmind (Dec 23, 2008 5:06 pm)

Alrite after a month of going back and forth with multiple dealers, i picked up the 2009 RX350 Pebble Beach Edition
15000 a year, 36 months, just 1month and fees totaling 1300 came out to 508 a month including tax. plus free car washes as long as I own the car, pickup and dropoff of the car with a loaner. got the car in central jersey. thanks guys for all your help through the process!!
Merry XMAS!
#1179 of 1571
Re: Update on my deal [fanat] by lex_nj
Dec 24, 2008 (3:48 am)
Reply

Replying to: fanat (Dec 17, 2008 10:21 am)

fanat,
 
what deal did you end up getting. did you end up paying $430 with no cap cost reduction for the prem+navi?

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