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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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#1257 of 1570
Lease deals for an rx400h in NJ by lordo
Jan 07, 2009 (5:54 am)
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I would like to know if anyone can give me a ballpark on what i should be paying for a RX400h 15k 36 month lease.. and if anyone can recommend a good dealer
 
Thanks
#1258 of 1570
Re: RX350 long island NY area [drjcool1] by vegasgrl13
Jan 07, 2009 (6:32 am)
Reply

Replying to: drjcool1 (Jan 06, 2009 6:29 pm)

sure it's Lexus of Massapequa and I dealt with Stewart
#1259 of 1570
Re: RX350 long island NY area [vegasgrl13] by NYR2009
Jan 07, 2009 (6:51 am)
Reply

Replying to: vegasgrl13 (Jan 07, 2009 6:32 am)

Vegasgrl13;
You indicated the following in your post --
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
 
did you pay taxes twice? i.e. the total due signing you paid was 2800 then you say your monthly payments are 395 including taxes -- please clarify; thanks!!!
#1260 of 1570
Re: RX350 Lease: Premium w/ Navi- Is this a god deal??? [maoshoma] by jamie52
Jan 07, 2009 (9:53 am)
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Replying to: maoshoma (Jan 05, 2009 3:07 pm)

Sanat Monica Lexus. Ask for Danny & Jesse
#1261 of 1570
Re: RX350 long island NY area [NYR2009] by vegasgrl13
Jan 07, 2009 (12:25 pm)
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Replying to: NYR2009 (Jan 07, 2009 6:51 am)

to clarify I did not pay tax twice it's included in the monthly pmt
#1262 of 1570
Re: RX350 long island NY area [vegasgrl13] by NYR2009
Jan 07, 2009 (7:13 pm)
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Replying to: vegasgrl13 (Jan 07, 2009 12:25 pm)

Vegasgrl,
last question -- then why did you pay $2800 signing if you say taxes weren't included? Usually, it's 1st month payment, $700 bank fee and some registration and licensing fees (totalling ~ $1600-1700). I've been trying to deal with the same dealership and they are staying strong on numbers presented to me. Thanks in advance for your reply.
#1263 of 1570
Re: Lexus rx400h money factor and credit score [lordo] by bocastephen
Jan 07, 2009 (9:50 pm)
Reply

Replying to: lordo (Jan 07, 2009 5:52 am)

I don't know what the numbers are post-december to remember, but it depends on your region.
 
Eastern US only got MF as low as .00095, while the West Coast enjoyed a top tier MF of .00035, which is why I leased my car from California (definitely NOT Lexus of Santa Monica, don't waste your time with them). .00035 was available to applicants with 720 or better.
 
Residuals on both coasts for the 2WD was 47% for 15K miles.
 
What they're offering after Jan 5? I have no idea.
#1264 of 1570
Re: RX350 long island NY area [NYR2009] by vegasgrl13
Jan 08, 2009 (6:21 am)
Reply

Replying to: NYR2009 (Jan 07, 2009 7:13 pm)

HI NYR2009,
 
I truly apologize I have been too quick to reply without double checking.
Tax was paid up front not in monthly payment
2800 includes
 
1286.86 in taxes
342 cap cost red
700 aquisition
395 first month
and then the smaller fees tires etc.
#1265 of 1570
Re: RX350 long island NY area [vegasgrl13] by NYR2009
Jan 08, 2009 (6:56 am)
Reply

Replying to: vegasgrl13 (Jan 08, 2009 6:21 am)

Thanks for the clarification. You definitely got a great deal. I was offered a deal for $450/month, which I thought was taxes included. When I sat down with the financial manager, we went over the numbers and they asked me to bring a check for over $2K which I questioned. I was originally told that there would be around $1600-1700 due at pick-up. He said it was because the taxes were included. I've been leasing cars for over 20 years and never pay my taxes up front! They then re-calculated the monthly payment to just under $500, so I told them the deal was off. I also have a few months to go on my current RX330 and they would have taken it back, but somehow they were building the remaining payments into the future payments (kind of sleazy, I think). I wouldn't mind speaking with you further.
#1266 of 1570
Re: RX350 long island NY area [NYR2009] by vegasgrl13
Jan 08, 2009 (8:06 am)
Reply

Replying to: NYR2009 (Jan 08, 2009 6:56 am)

Hmmm...that does sound shady. I was initially quoted ridiculous pricing they came down by a lot right away but then they told me I would have to pay 3k down and 399 month and they wouldn't budge (they did in fact let me walk out the door) a few days later they came down a bit more and we settled on the deal I mentioned above.
 
I did have to take ownership by 12/31/08 as part of the deal so maybe that played a factor not sure.
 
Did you deal with Richard the finance manager? Waht MF and residual?

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