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Lexus RX 350 / RX 450h Lease Questions

1757 messages,  Last post on Mar 20, 2010 at 1:07 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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#1311 of 1757
Re: Latest money factor / residual? [Car_man] by bbyboomer
Feb 22, 2009 (7:08 am)
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Replying to: Car_man (Feb 10, 2009 4:35 am)

I thought I could get a great deal on a 2009 RX 350. This would be my 3rd lease, it's year-end and the economy stinks. What a joke! With LFS, the mf is .035 and the residual on a 3-yr lease with 12K miles is 40%. I guess Lexus isn't hurting so badly. Without navigation the price was $35,300. Anyone have better luck with their negotiations?
#1312 of 1757
Re: 10 rx450h [womble] by efrus
Feb 22, 2009 (1:16 pm)
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Replying to: womble (Feb 21, 2009 12:13 pm)

Just did deal on new 08 RX 400 H. MSRP $51064. Purchase price under $40000.
Money factor .00185. Only $20 more than none Hybid. Good availibility.3rd largest dealer in U.S.
#1313 of 1757
Re: 10 rx450h [efrus] by kringledog
Feb 22, 2009 (5:51 pm)
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Replying to: efrus (Feb 22, 2009 1:16 pm)

Where is that deal from?
#1314 of 1757
Re: 10 rx450h [kringledog] by efrus
Feb 22, 2009 (9:11 pm)
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Replying to: kringledog (Feb 22, 2009 5:51 pm)

Ramsey New Jersey. Richard Lexus. Very nice people to deal with.
#1315 of 1757
Re: 10 rx450h [efrus] by highfidelity
Feb 24, 2009 (1:02 pm)
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Replying to: efrus (Feb 22, 2009 1:16 pm)

Hi efrus,
 
Can you provide more details about your lease such as the terms and what your paying a month? The lease on my RX330 is up in April and I'm trying to figure out what my options are.
 
Thanks.
#1316 of 1757
2010 rx450h by womble
Feb 24, 2009 (5:29 pm)
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hi, does anyone know if the new rx450h will be priced similarly to the 09 rx400h and if the money factors will be drastically different? Dealer told me they were coming to the showrooms in june but does that mean there will be a big push to sell them or do not ever discount a new body type? thanks! Should I get the highlander hybrid or a6 avant instead????
#1317 of 1757
by basamx
Feb 24, 2009 (6:11 pm)
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anyone buy the 2010 lexus, what are the lease rates?
#1318 of 1757
Lease rates 09 RX 350 by wine4et
Feb 24, 2009 (10:38 pm)
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Car man what are the money factors on a RX 350 09 model with 12 k or 15k for 36 months?
 
thanks
#1319 of 1757
Re: 2010 lexus lease rx350 [rg911] by Car_man HOST
Feb 27, 2009 (3:59 am)
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Replying to: rg911 (Feb 16, 2009 6:06 pm)

Wow that is a lot of money to pay for an RX, rg911. Jkenley is right, Lexus is not yet providing any lease support on the 2010 RX 350. As a result, if you were to lease one through Lexus Financial Services right now, you would have to use its standard lease program.
 
LFS' current buy rate lease money factor and residual value for a 48 month lease of a 2010 RX 350 AWD without the entertainment system with 12,000 miles per year are .00285 and 57%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1320 of 1757
Re: Leasing 2009 RX 350 [bribor] by Car_man HOST
Feb 27, 2009 (4:03 am)
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Replying to: bribor (Feb 17, 2009 5:41 pm)

Hi bribor. Unfortunately, the money factor that you were quoted is correct. Lexus is not currently providing lease support on the '09 RX 350. As a result, if you were to lease one through its captive finance company, Lexus Financial Services, you would have to use its standard buy rate lease money factor of .00285. This factor assumes that you qualify for its top aka "Super Preferred" credit tier. This is the lowest available money factor on this car. You cannot negotiate it any lower.
 
The money factor is the bad news. The good news is that Lexus is currently providing $5,000 dealer cash on the 2009 RX 350. You should be able to negotiate a selling price that's thousands of dollars below invoice after taking it into account.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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