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Lexus RX 350 / RX 450h Lease Questions

1568 messages,  Last post on Nov 23, 2009 at 11:26 AM

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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#1281 of 1568
RX400h towing by spriecl
Jan 19, 2009 (3:50 pm)
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Anyone done any towing with their RX400h? I have an 07 RX400h AWD with the tow prep package and the 3500lb capacity. I wouldn't mind being able to use it occassionally to tow and launch my bass boat (2800lb package weight), but don't how well, or if that would really work. Any similar experiences would be greatly appreciated. It lacks the tow hitch currently so I don't want to pay for it to be installed and not get any use out of it. I currently have an 08 Tundra and am trying to downsize that to a car if possible. Thanks all
#1282 of 1568
Re: is this a good deal?? [motwani] by Car_man HOST
Jan 20, 2009 (3:30 am)
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Replying to: motwani (Jan 18, 2009 8:13 pm)

Hi motwani. Since you are new to leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
Lexus completely pulled the plug on its lease support for the 2009 RX 350 in January. When it eliminated the special money factors on this model, Lexus doubled its dealer cash from $2,500 to $5,000. This dealer cash can be used in conjunction with Lexus Financial Services' standard lease program. Surprisingly, while leases on this truck are worse this month than they were during the "December to Remember" event, the difference is not quite as large as I initially thought it would be.
 
In case you're interested, Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 RX 350 AWD without the entertainment system with 12,000 miles per year are .00285 and 49% for consumers who qualify for its "Tier 1+" credit tier. The numbers for an otherwise identical 48 month lease are .00285 and 40%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1283 of 1568
Re: is this a good deal?? [motwani] by jkenley
Jan 20, 2009 (12:02 pm)
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Replying to: motwani (Jan 18, 2009 8:13 pm)

Please tell me which dealership you got this deal? A dealer quoted this same vehicle at $662/month. Thanks.
#1284 of 1568
Re: is this a good deal?? [jkenley] by motwani
Jan 20, 2009 (12:47 pm)
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Replying to: jkenley (Jan 20, 2009 12:02 pm)

I got that quote from wilde lexus of Sarasota, FL, and I think I might be able to talk them down a little more.
#1285 of 1568
2005 Lexus RX330 AWD Pricing by Robynn
Jan 21, 2009 (9:02 am)
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This is my first time buying a pre-owned car so i selected the certified program.
It is listed for $25,888 with 45897 Miles, fully loaded.
 
Any suggestion on negotiating the price is welcome.
 
edited to add - i'm in southern california
#1286 of 1568
Re: 2005 Lexus RX330 AWD Pricing [Robynn] by tranav
Jan 21, 2009 (5:36 pm)
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Replying to: Robynn (Jan 21, 2009 9:02 am)

Hi there,
Why do you buy 2005 pre-own at $25K? You can buy 09 RX350 FWD without Navi at around $31500 (MSRP $40551) right now (deal expires 2/2/09). Or $10K to $11K off the MSRP of any 09 RX350 with Navi. I think you better of with a new 09 RX350. I've bought in Dec with $7.7K off the MSRP in SoCal also. Good luck
#1287 of 1568
Re: 2005 Lexus RX330 AWD Pricing [Robynn] by tranav
Jan 21, 2009 (5:38 pm)
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Replying to: Robynn (Jan 21, 2009 9:02 am)

Hi,
In my previous message, I meant BRAND NEW 09 RX350 FWD.
#1288 of 1568
Re: is this a good deal?? [Car_man] by ramkunda
Jan 23, 2009 (6:58 am)
Reply

Replying to: Car_man (Jan 20, 2009 3:30 am)

Thanks for the info. Do you know what the MF and residual value is for a
 
2009 RX350 with entertainment system
12,000 miles per year
36 month lease
 
I am shopping for one with premium package and rear entertainment.
The MSRP with destination is coming out at $42,910.
 
Thanks,
ram
#1289 of 1568
Re: is this a good deal?? [ramkunda] by adamjmank
Jan 24, 2009 (10:46 am)
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Replying to: ramkunda (Jan 23, 2009 6:58 am)

Carsdirect is having a sale to the end of jan on lexus RX my friend could get a quote for a FWD RX for 30,900.00.
   
Try the LA zipcode 90045. should be the cheapest in California. may be you can price match.
  
The pebble beach edition RX 350 AWD, Nav, Laser Cruise, Rear ent, Heated front and rear seats, peium leather seats and much more around 39 k.
  
check it out may be you could negotiate a lease based on these prices
 and
good luck
#1290 of 1568
overpaid? by biscutt
Jan 31, 2009 (10:02 pm)
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Car Man,
 
I just leased an 09 RX-350 with the Levinson stereo/premium plus package (MSRP $46,000). It is for 48 months at 12k/yr (I picked 48 instead of 36 because I didn't care about having to keep the car a 4th year, and the warranty is 4 yrs/50k anyway). My payment is $610/month, no money down (other than registration fee). The dealer made the first payment for me, bringing the effective monthly payment to $598. The selling price was $36,500, plus $700 acquisition fee and the dealer's bogus $600 "doc prep" fee. MF was current .00285
 
Did I overpay, or was it just a bad time to lease b/c of the poor money factor?

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