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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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#1204 of 1570
Re: [lex_nj] by ivar1
Dec 30, 2008 (7:39 am)
Reply

Replying to: lex_nj (Dec 29, 2008 5:50 pm)

Thanks for the input. are there not any issues with regard to service etc. if we get it from PA/NJ?
#1205 of 1570
$7-$9k off MSRP including Lexus Cash? by babybeans
Dec 30, 2008 (4:54 pm)
Reply
Do the $7-$9k off MSRP deals, I'm seeing in the posts, include the $2500 Lexus dealer cash currently offered?
#1207 of 1570
Is this a good lease? by vegasgrl13
Dec 31, 2008 (8:20 am)
Reply
2009 RX350 (no navi)
36/12k
54% residual
.00095 money factor
2800.00 (total due at signing including taxes first month etc)
395.00 a month
If I would like to add XM/Sirius they will install for another 350 at anytime during the lease ( I am undecided about this)
 
I do not have the exact MSRP with me at the moment but I believe it is 39k
#1208 of 1570
Re: [ivar1] by lex_nj
Dec 31, 2008 (4:07 pm)
Reply

Replying to: ivar1 (Dec 30, 2008 7:39 am)

no issues at all. I'm assuming you are going to lease your vehicle. In three years on a Lexus SUV, you won't be doing much except changing the oil and rotating your tires. Maybe change the cabin filter as well.
#1209 of 1570
NY RX350 pricing by eastcoast00
Dec 31, 2008 (5:20 pm)
Reply
Premium Plus, extra console wood paneling.
I was quoted:
msrp $46241
selling - 40847
out of pocket $2023(incl. taxes)
monthly - $543
dealer will pickup my last two lease payments on current car totaling $1290.
I suspect it is still high cost and my current 2 leased payments are bundled in here as nothing is free in life.
#1210 of 1570
Leasing an RX350 at cherryhill, nj lexus by capemaych25
Jan 01, 2009 (11:22 am)
Reply
Hello,
 
I am going to finalize a deal on an RX350 tomorrow afternoon. I originally asked the salesmen on the phone if he can do $475/month with $2500 total cash down on a base model, he said yes. After reading these I don't think that is a good deal. I would like a unit with nav. Has anyone leased from cherry hill? If so what was your deal? If not can someone help me out with what I should be paying a month, and if I should put less money down, etc? Thanks for your help.
#1211 of 1570
Re: Leasing an RX350 at cherryhill, nj lexus [capemaych25] by lex_nj
Jan 01, 2009 (11:44 am)
Reply

Replying to: capemaych25 (Jan 01, 2009 11:22 am)

you shoud try to lease a nav at cherry hill for about 450 per month (no money down except for inception fees).
#1212 of 1570
Re: Leasing an RX350 at cherryhill, nj lexus [lex_nj] by capemaych25
Jan 01, 2009 (12:22 pm)
Reply

Replying to: lex_nj (Jan 01, 2009 11:44 am)

Lex, Thanks, have you experienced leasing there? What would those fees be, for the down payment?
#1213 of 1570
Re: Leasing an RX350 at cherryhill, nj lexus [capemaych25] by lex_nj
Jan 01, 2009 (6:23 pm)
Reply

Replying to: capemaych25 (Jan 01, 2009 12:22 pm)

actually, I checked out Cherry Hill and they seemed to be a bit on the high side. I ended up leasing in Northern Jersey. From what I have seen, the fees for a lexus should break down as follows:
 
approx $250 for doc fee (depends on dealer)
$700 bank fee (non-negotiable)
$150 for title and registration (depends on dealer)
first month lease (around $440 or $450 including sales tax for an AWD nav in NJ)
there is no security deposit needed for Lexus, at lease during the December to Remember
 
total out of pocket should be around 1500-1600. Anything more and you are paying extra to reduce your cap cost which is never advisable in a lease, because if you total your car, you will never recover that money. The goal of a lease is to reduce your monthy payment to the minimum amount possible, with paying as little out of the door (in my opinion). Most good salespeople will advise you of this.
 
Try Lexus of Englewood or Prestige Lexus in Ramsey, or just ask Cherry Hill to match them. They might be inclined to since it is the end of the month.

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