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Prices Paid: Buying & Leasing Experiences Lexus RX 350 / RX 400h Lease Questions
1532 messages, Last post on Nov 11, 2009 at 11:13 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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2009 RX350 No Navi 36 mo. 10,000 miles MSRP $41,376 My Price $36,013 Money factor 0.0012 Residual 55% Monthly payment $492.08 No money down. They also paid my first payment, so only 35 payments  $492.08, which is essentially 36 monthly payments of $478.41
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Hi we went to look at the RX350 in the eastern long island area and the deal we were offered was $2807 down with /$467/mo (36mo 12,000miles/yr) without the nav or $2947 down with $508/mo with the nav. After reading some of the deals other people have been getting this doesn't seem great!! If anyone has any info on prices in this area or nearby dealerships (including NJ), we would appreciate any help
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Replying to: lex_nj (Dec 24, 2008 3:28 pm)
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Posted this at the 400h thread, but it's a lease deal, so I should have put it here: 2008 FWD R400h with Premium Plus, Nav, Tow/Wood/Htd Seats, etc - basically everything except Levinson. MSRP 49,491, cap cost 40,802 $1,100 cap cost reduction, $1,980 drive-off including first month and registration 36M/15K $506/m plus sales tax 47% Res, .00035 MF |
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Lexus dealers are telling me that the Lease offers expire on Jan 5, 2009. Does anyone know what new offerings Lexus will provide after the 5th? |
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Replying to: dean27 (Jan 05, 2009 7:33 am) From my experience, they tend to honor thier expired deals (provided that the new deals are not better than the expired one) sometimes a week after. So, inquire; most times if your Tier 1+ especially. Happy driving, LexusGirl2009 
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Replying to: dean27 (Jan 05, 2009 7:33 am)
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Replying to: jamie52 (Jan 02, 2009 10:13 pm)
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Replying to: jkenley (Jan 02, 2009 3:40 pm) After not getting anywhere with the dealer closest to home, I put in a request through the Costco auto buying program to see if I could do better with someone else. They referred me to a different dealer in town (about 45 miles away). I contacted them via email, and had very quick responses. Unfortunately, no AWD vehicles are normally found in this area, so had to settle for a FWD. Here's what we ended up getting: 2009 RX350 FWD, Pebble Beach Edition, Navigation, Heated Seats w/rain sensing wipers, Tow Prep, Wheel Locks and cargo mats. We're also having them swap the Goodyear tires for Michelins, and they are giving us a set of clear mats. MSRP $46,056, selling price $38,756 ($7300 off MSRP) MF .00089 (2.13%) 36months/12K year Residual 54% Only 1st pmnt due at signing (plus refundable deposits, see below) $453.87/month We did pay multiple refundable security deposits (totalling $2850) to buy down the rate (original rate was .00095 as has been posted here). The way we figued it, we would save ~$31 per month (x36 months=$1120) over the term of the lease, and then also get the $2850 back at the end. That's over a 15% rate of return - not too shabby in the market today. We could have paid more deposits to save more, but settled on a happy medium. They couldn't understand why we wanted to do that (I guess it's not that common), but we did it anyway. The Pebble Beach edition was only $5 more per month than the non PB identically equipped car, so we went with that one. Color selection was getting slim. As for Nav vehicles, they only had the PB editions left, and non PB in Smokey Granite, Obsidian (black), and Silver. We ended up with the silver PB car, and will pick it up later this week after the tires are exchanged for the Michelins. The original dealer had good follow up, and asked that I contact him when I got a price from my Costco contact. When I told him what they could do, he naturally tried to get his manager to meet/beat it. They couldn't. He even told me that if we could get the car for that to go ahead and do it, So we did.  For those of you who are in areas of the country that aren't quite as competetive as the northeast or California, you may want to give the Costco program a shot if you're a member. It was absolutley hassle-free.
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Replying to: lmueller (Jan 05, 2009 8:46 pm)
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