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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: 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) |
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Replying to: jkenley (Feb 15, 2009 2:51 pm) I too am curious what deal is announced tomorrow as I have been waiting on the sidelines to see if anything better is coming along to move the 09's. I really want to do a lease but they haven't been doing anything to incentivize leasees for the past month or so. Purchases have been great but our 07 only has 20k miles on it and I don't see the need to spend another $10+k over our buyout just to get the same car since the 2010's are out now. Unfortuanately I'm getting the tug toward the 10 though. Looks pretty nice! Looking forward to the news tomorrow - please post as soon as you get the numbers! Thanks! Jay
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Replying to: carshpr1 (Feb 15, 2009 8:13 pm) |
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Replying to: carshpr1 (Feb 15, 2009 8:13 pm) Lease payments based on this price is $629.51, 48 months, 12k/yr. Lease factor a whopping .00385. Financing would be 6.49% for 60 months for tier 1 credit. Ok, so yes, the price of the vehicle is outstanding, 09 prem pkg w/ nav. But the financing really is horrible, no special financing for leasing or buying through Lexus. I
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Replying to: jkenley (Feb 16, 2009 12:38 pm) thanks richard |
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