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Lexus RX 350 / RX 450h Lease Questions

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

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

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#1189 of 1570 by skops Dec 24, 2008 (12:40 pm)
Just wanted to share details and experience with others as I found this forum extremely helpful.   Will be finalizing paperwork and picking up car before the 31st.   Details: RX350 with Nav - MSRP $46,241 Selling price $38,365 36 mos/12k Monthly payment $489 including taxes at a rate of 7.375% Drive off- 1st month plus transfer for plates - dont have exact figure but $600 plus   I worked with local dealer who provided very professional service (also did test drive). The initial quote was at a selling price of $39,500 and I emailed him that I was seeing prices on this forum at $38k from a fairly local dealer and that I would like to give him the business but was willing to go elsewhere. He came back at the above mentioned price which in effect was maybe $11 more per month than $38k which I still had to work for. The only temporary glitch was that after running my credit report, they said I did not qualify for the Tier 1 plus but rather the tier 1 which would add $7 per month. Not that it would be a deal breaker but was concerned that this was a tactic to up the price. I asked how far off I was and if there was any flexibility if I was borderline. He then called me back and said the GM was able to negotiate the better rating. This gave me comfort that no games were being played. I am now able to drive less than 10 miles to get the car and it feels good to be able to give the business to someone I met in person and who delivered excellent service. Thanks to all on this forum and good luck. Replies to this message: Car_man (Dec 28, 2008 7:01 am)
#1190 of 1570 Re: 09 RX350 AWD 36Mo/10K [cityboy2] by nyc6035 Dec 24, 2008 (2:58 pm)
Replying to: cityboy2 (Dec 24, 2008 12:20 pm) cityboy,   I'll dig out the paperwork and get you some additional info by PM shortly.   Happy Holidays!
#1191 of 1570 Re: 09 RX350 AWD 36Mo/10K [cityboy2] by lex_nj Dec 24, 2008 (3:28 pm)
Replying to: cityboy2 (Dec 24, 2008 12:20 pm) cityboy,   I can't get that deal either. you should probably be paying 410-415 for non-nav and 440-450 for nav in the northern jersey area - Prestige is probably the most likely to give that. That's the best that i've seen so far, except for nyc6035's deal. Again, this is all with no cap cost redux and before taxes. Replies to this message: umbu (Jan 04, 2009 4:41 pm) lmueller (Jan 06, 2009 10:35 am) rain_man (Jan 06, 2009 12:37 pm) and 3 more...
#1192 of 1570 by ivar1 Dec 27, 2008 (1:39 pm)
I am planning to lease 2009 RX 350, awd, Premium Plus in norther va. I would like to roll over everything into my monthly payment with no cash out except 1st instalment at signing.What should be the good deal for monthly payments. I would appreciate if somebody could help on this. Replies to this message: lex_nj (Dec 29, 2008 5:50 pm) ivar1 (Dec 30, 2008 7:39 am) lex_nj (Dec 31, 2008 4:07 pm)
#1193 of 1570 RX350 Lease: Premium w/ Navi- Is this a god deal??? by jamie52 Dec 27, 2008 (1:50 pm)
I just got a new 2009 RX350 lease with Premium Package, Navigation, Heated Seats, iPod Hookup in Dash and Sirius Hookup for about $450 down (which included all tax, title and license fees) and my monthly, including tax, is $490. It's a 3 year lease with 10k miles annually. The MSRP was around $43k. I got this deal in Southern California.   Is this a good deal??? Replies to this message: jgore (Dec 29, 2008 10:45 am) jamie52 (Dec 29, 2008 10:25 pm)
#1194 of 1570 Re: New money factor rates? [JBO12] by Car_man HOST Dec 28, 2008 (6:43 am)
Replying to: JBO12 (Dec 17, 2008 8:31 am) Hi JBO12. While a cut in the federal funds rate theoretically lowers the cost of money for banks, moves by the Federal Reserve usually do not have an immediate impact upon the interest rates that auto finance companies charge consumers. Lexus Financial Services' current lease program is scheduled to run through January 5th. I do not expect it to make any changes to it before then.   Traditionally, Lexus' "December to Remember" lease program is its most aggressive of the year. Normally, I would not be surprised if its January program was not as attractive as its December program, but we are in extraordinary times right now. The demand for new vehicles has never been worse...so Lexus might try to keep its current programs in place for a while longer. It's always tough to say exactly what manufacturers will do with their future lease programs.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1195 of 1570 Re: RX350 AWD No Nav [Cali123] by Car_man HOST Dec 28, 2008 (6:48 am)
Replying to: Cali123 (Dec 21, 2008 5:42 am) Hi Cali123. According to the latest information that I have seen, Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 Lexus RX 350 AWD without navigation with 12,000 miles per year are .00095 and 54%, respectively for consumers who qualify for its Tier 1+ credit tier.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1196 of 1570 Re: Lease Offer 400h [spingrinder] by Car_man HOST Dec 28, 2008 (6:52 am)
Replying to: spingrinder (Dec 21, 2008 5:54 pm) Hi spingrinder. The best way to evaluate this deal is to take a look at the selling price that it is based upon. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult to tell how much of a dealer discount you are getting. Let us know what this truck's MSRP and selling price are and I am sure that either myself or another helpful community member will gladly share their thoughts on this deal with you.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: DaniZ (Jan 02, 2009 8:26 am)
#1197 of 1570 Re: Lease Offer 2009 RX350 AWD [Cali123] by Car_man HOST Dec 28, 2008 (6:54 am)
Replying to: Cali123 (Dec 21, 2008 6:13 pm) Hi Cali123. The best way to evaluate this deal is to take a look at the selling price that it is based upon. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult to tell how much of a dealer discount you are getting. You already mentioned what this truck's MSRP is, just let us know what its selling price is and I am sure that either myself or another helpful community member will gladly share their thoughts on this deal with you.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1198 of 1570 Re: Just leased an '09 RX 350 [larryj42] by Car_man HOST Dec 28, 2008 (6:58 am)
Replying to: larryj42 (Dec 23, 2008 1:29 pm) Congratulations on getting your new RX 350, larryj42. Thanks for taking the time to share the details of your lease with everyone. If you'd like, you can share your thoughts on your recent dealer experience by heading on over to the Dealer Ratings & Reviews section of Edmunds.com. Happy Holidays and enjoy your new ride !   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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