- #1192 of 1568
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by ivar1
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Dec 27, 2008 (1:39 pm)
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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.
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- #1193 of 1568
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RX350 Lease: Premium w/ Navi- Is this a god deal???
by jamie52
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Dec 27, 2008 (1:50 pm)
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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???
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- #1194 of 1568
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Re: New money factor rates? [JBO12]
by Car_man HOST
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Dec 28, 2008 (6:43 am)
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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
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- #1195 of 1568
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Re: RX350 AWD No Nav [Cali123]
by Car_man HOST
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Dec 28, 2008 (6:48 am)
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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
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- #1196 of 1568
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Re: Lease Offer 400h [spingrinder]
by Car_man HOST
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Dec 28, 2008 (6:52 am)
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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
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- #1197 of 1568
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Re: Lease Offer 2009 RX350 AWD [Cali123]
by Car_man HOST
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Dec 28, 2008 (6:54 am)
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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
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- #1198 of 1568
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Re: Just leased an '09 RX 350 [larryj42]
by Car_man HOST
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Dec 28, 2008 (6:58 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
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- #1199 of 1568
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Re: [skops]
by Car_man HOST
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Dec 28, 2008 (7:01 am)
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Replying to: skops (Dec 24, 2008 12:40 pm)
Congrats on getting your new RX, skops. At first glance, $489/month including tax for an EX 350 with nav sounds pretty good to me. I'm glad that you found this forum so helpful. Thanks for taking the time to give back and share information on your lease. If you're interested, you can share your thoughts on your recent dealer experience over in the Dealer Ratings & Reviews section of Edmunds.com as well. Enjoy your new truck!
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #1200 of 1568
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Re: RX350 Lease: Premium w/ Navi- Is this a god deal??? [jamie52]
by jgore
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Dec 29, 2008 (10:45 am)
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Replying to: jamie52 (Dec 27, 2008 1:50 pm)
What Southern CA dealer did you get this from?
Thanks in advance.
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- #1201 of 1568
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Re: [ivar1]
by lex_nj
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Dec 29, 2008 (5:50 pm)
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Replying to: ivar1 (Dec 27, 2008 1:39 pm)
In Northern VA, expect to pay 500+ if you roll in your inception fees. I wouldn't waste your time at dealers like Pohanka and Lindsay - they are some of the highest in the area in my opinion. Since it is almost the end of the month, you may be able to push them tough. If you have time, I would shop in the NY/NJ/CT/PA area A lot of them offer free delivery to the DC area. Good luck.
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