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Lexus RX 350 / RX 400h Lease Questions

1529 messages,  Last post on Nov 04, 2009 at 8:25 AM

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What is this discussion about? Lexus RX 330, Lexus RX 350, Lexus RX 400h, Car Leasing, SUV

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#1238 of 1529 Re: RX350 long island NY area [umbu] by NRI Jan 06, 2009 (5:47 am)
Replying to: umbu (Jan 04, 2009 3:32 pm) y'day I brought rhis car home from lexus of edison 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
#1239 of 1529 Re: Anyone have any luck in Texas? [lmueller] by NRI Jan 06, 2009 (5:51 am)
Replying to: lmueller (Jan 02, 2009 2:50 pm) I had the same problem with two dealers in NJ. they did not budge from this figure at all. but I got from 3rd ( did not have right color) and 4th dealer 450/mo price in NJ.
#1240 of 1529 Re: Anyone have any luck in Texas? [briegel] by lmueller Jan 06, 2009 (6:24 am)
Replying to: briegel (Jan 05, 2009 9:33 pm) Yes, we paid six. Each security deposit lowers it by .00001. You can pay up to nine total if one were originally required, or eight extra in this case, for a max discount of .00008. The way LFS calculates the deposit amount is based on your monthly payment (without the rate buy down) rounded to the nearest $25 or $50. Then it is just up to you to decide how many multiples of that number you feel comfortable giving LFS to hold on to for the duration of the lease based on the amount of savings you realize each month.   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).
#1241 of 1529 Re: RX350 long island NY area [umbu] by vegasgrl13 Jan 06, 2009 (6:42 am)
Replying to: umbu (Jan 04, 2009 3:32 pm) Hi Umbu   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 Replies to this message: drjcool1 (Jan 06, 2009 6:29 pm) vegasgrl13 (Jan 07, 2009 6:32 am) NYR2009 (Jan 07, 2009 6:51 am) and 6 more...
#1242 of 1529 Re: New Lease Programs for Lexus [lmueller] by NRI Jan 06, 2009 (7:43 am)
Replying to: lmueller (Jan 05, 2009 9:12 am) Looking at this scenario, is it possible to re-negotiate the deal as I brought the car home yesterday. Replies to this message: lmueller (Jan 06, 2009 10:32 am)
#1243 of 1529 Long Island NY by NYR2009 Jan 06, 2009 (9:12 am)
Where did you get that great deal on Long Island? I have been negotiating back and forther for the last couple of weeks with several dealers in the tri-State area and it would certainly be helpful to have "fuel" to add to the fire. Thanks in advance. Replies to this message: NRI (Jan 06, 2009 9:43 am) briegel (Jan 06, 2009 10:08 am) NRI (Jan 06, 2009 10:19 am) lmueller (Jan 06, 2009 10:27 am)
#1244 of 1529 Re: Long Island NY [NYR2009] by NRI Jan 06, 2009 (9:43 am)
Replying to: NYR2009 (Jan 06, 2009 9:12 am) I got 12k/36 msrp 43591 4450/mo + 1700 inception , MF = 00095 ( 2.28 apr) residucal = .54 lexus of Edison, NJ   not sure if this can be rengotiated based on new MF = .00039 Replies to this message: briegel (Jan 06, 2009 10:08 am) NRI (Jan 06, 2009 10:19 am) lmueller (Jan 06, 2009 10:27 am)
#1245 of 1529 Re: Long Island NY [NRI] by briegel Jan 06, 2009 (10:08 am)
Replying to: NRI (Jan 06, 2009 9:43 am) The new money factor is .00039? Is that for January? Replies to this message: NRI (Jan 06, 2009 10:19 am)
#1246 of 1529 Re: Long Island NY [briegel] by NRI Jan 06, 2009 (10:19 am)
Replying to: briegel (Jan 06, 2009 10:08 am) Don't have any idea if lexus leasing has changed the MF to .00039. someone posted that the MF has changed .
#1247 of 1529 MF discrepancies by lmueller Jan 06, 2009 (10:27 am)
Replying to: NRI (Jan 06, 2009 9:43 am) I cannot say for sure, but all I was told was that it was INCREASING to .00395 from .00095 (big difference that extra zero makes). The poster who had a similar MF for his lease was talking about an RX400h which may have different MF and residuals than an RX350.

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