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Prices Paid: Buying & Leasing Experiences Lexus RX 350 / RX 450h Lease Questions
1572 messages, Last post on Nov 29, 2009 at 3:32 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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Replying to: umbu (Jan 04, 2009 3:32 pm) 2009 rx 350 msrp $ 43591 out of pocket money - $ 1691 ( incl. first payment ) monthly payment - $450 12000/36 lease term. i think there is some money still left the best possible price is more thowards $430/mo on this lease |
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Replying to: lmueller (Jan 02, 2009 2:50 pm) |
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Replying to: briegel (Jan 05, 2009 9:33 pm) Originally I thought that there was just a single deposit amount that gave you the .00008 discount, but the way they explained it to us made much more sense, and was verified by another dealer as well. Otherwise we'd be better off investing in LFS than in the stock market!  While I know that it isn't the best deal anyone has gotten, I think it is an excellent deal for this area, especially considering Texas charges sales tax on the ENTIRE cap cost of the car (and if you purchase it at lease end, you pay it again!). I thought the numbers were reasonable, and when my "closer to home" dealer said that if we could get it for that then do it, I figured we'd might as well take the plunge. We'll most likely pick it up on Wednesday (it's cold and rainy today, and I'd rather have the car clean and dry when we take final delivery). |
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Replying to: umbu (Jan 04, 2009 3:32 pm) I just leased my RX350 on Long Island and this is what I paid Total at signing 2800 (including taxes) and first month AWD-Premium Plus (18in wheels etc) package but no Navi 36m/12K MF .00095 Residual 54% Monthly payment 395 (includes taxes) Hope this helps
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Replying to: lmueller (Jan 05, 2009 9:12 am) as I brought the car home yesterday.
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