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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
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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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| 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. | |
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Replying to: NYR2009 (Jan 06, 2009 9:12 am) residucal = .54 not sure if this can be rengotiated based on new MF = .00039
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Replying to: NRI (Jan 06, 2009 9:43 am)
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Replying to: briegel (Jan 06, 2009 10:08 am) someone posted that the MF has changed . |
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Replying to: NRI (Jan 06, 2009 9:43 am) |
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Replying to: NRI (Jan 06, 2009 7:43 am) |
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Replying to: umbu (Jan 04, 2009 4:41 pm) None. Any money you put toward cap cost reduction you will never see back again unless you plan on buying the car in the end. Each state and lender is different as to what they require to be paid up front. Some roll taxes into the payments, others require them to be paid at the begining. Try not to put anything down other than what is actually required.
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Replying to: lmueller (Jan 06, 2009 10:35 am) Are you saying that a security deposit will not be returned by the end of a lease? A security deposit can earn a huge return, because it lowers the MF. I bought an RX400h in December. By putting down two monthly payments as a security deposit the MF went from .00035 to .00015. Which lowers the monthly interest by about $14. I think this come out to about 15% annual interest on the deposit. The security deposit deal on an RX350 is even better (or was in December), because the security deposit lowers the MF from .00095 to .00015, that should lower your monthly payment by more than $40.
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