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Prices Paid: Buying & Leasing Experiences Lexus RX 350 / RX 450h Lease Questions
1571 messages, Last post on Nov 29, 2009 at 10:28 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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Car Man, Did the money factory / residual get any better for February (36 months / 12k miles)? I am looking to lease a 2009 RX 350 with nav or a 2008 RX 400h and am trying to figure out the deals at this point. I would be a double returning leasee. My current RX lease is up at the end of April, but I want to still get a 2009 model while they are still around so I am looking at flipping the lease a little early. Thanks.
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Replying to: ramkunda (Jan 23, 2009 6:58 am) This least program isn't very good, however Lexus is providing a whopping $5,000 dealer cash on this truck right now which is compatible with it. You should be able to negotiate a very attractive capitalized cost for your lease after taking this cash into account. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: biscutt (Jan 31, 2009 10:02 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: highfidelity (Feb 04, 2009 8:27 am) This lease program is not very good, because Lexus seems to have pulled the plug on its lease support for the '09 RX now that the 2010 model has already started to arrive at dealers (2010 models are already out, what is that all about? Time flies). Lexus is providing a $5,000 dealer cash incentive on the '09 RX 350 in lieu of lease support. Lexus is not currently providing lease support on the 2008 RX 400h either. If you were to lease an ;08 RX 400h AWD without the entertainment system through Lexus Financial Services' right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value would be .00285 and 48%, respectively. Lexus is providing $6,000 dealer cash on this model right now. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Just left my dealer in Southern NJ. Guy offers $34,500 or $35,600 (Can't remember which now, sorry lonnnnggggg day) leasing for 36 mths, 12K driving miles a yr, $399 for monthy payment, but wants $3,000 or $4,000 down and this was for a 2009 RX 350, no nav, premium plus package, Black w/black interior, which I really like. Now is it just me or is this a little pricey still? Am I being too cheap? I guess I keep thinking since it doesn't have nav shouldn't it be cheaper? They only have 1 Breakwater blue & 1 Pebble Beach in stock with nav. Any suggestions? 
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Replying to: Gyrlwolf (Feb 13, 2009 4:26 pm) RX 350 prem pkg $32,250, MSRP $40,600 (may not be exact) RX 350 prem pkg w/ nav $35,794, OTD $37,358.82., MSRP around $44K Waiting for them to get back to me with lease pmts and MF. They said there is a special MF rate for this sale but they won't have time today as all the finance mgrs are busy and will get back to me on Monday morning. (seems suspicious) It's 5p.m. now, and they are not open on Sundays. I'll let you know what those payments are then.
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Replying to: jkenley (Feb 14, 2009 1:58 pm) 
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Replying to: Gyrlwolf (Feb 14, 2009 9:47 pm) I am hoping they get back to me as promised, I just think it's odd that they would not want to get back to me that same day to try and make a sale. They only had 1 left with nav and being that I am suspicious of car dealers, I fully expect them to call me back saying it is gone since that is the car I wanted. I hope I'm wrong though.
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Replying to: jkenley (Feb 15, 2009 2:51 pm) At lease you've informed me that I can haggle for a better price.
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