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Lexus RX 350 / RX 450h Lease Questions

1582 messages,  Last post on Dec 03, 2009 at 11:27 AM

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What is this discussion about? Lexus RX 450h, Lexus RX 350, Car Leasing, SUV

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#135 of 1582 Leased New RX330 AWD with Navi in DC Metro Area by ranajo Mar 27, 2006 (4:50 am)
Leased a new 2006 RX330 AWD w/ Navigation system yesterday for 36 months/12K annually for $531 per month. Odometer reading 25 miles.    Money Factor: .1009 Residual: 57%    Options Included:    - Navigation System w/ Rear View Camera - 6-Disc In-Dash CD Changer - 18" Alloy Wheels - Heated Seats w/Rain Sensing Wipers - Premium Package Plus - Towing Package - Lexus Personalized Settings - Preferred Accessory Package    MSRP: $45,753    Capitalized Cost: $40,466 plus VA tax, tags, acquistion fee $600 and $100 processing fee    Drive out price was first month lease payment of $531 - all other costs were included in the lease payments.    There are very few new 2006 Lexus 330 AWD in the DC metro area with the navi system so I was pleased with the deal that I got. All of the negotiations on pricing etc were done by email with the Internet sales manager. After agreement was reached, we went to the dealership and signed the papers in a smooth, flawless transaction.   Posted this in the Prices Paid forum as well. Replies to this message: Car_man (Apr 11, 2006 1:49 am)
#136 of 1582 Leased New RX330 in Alabama by bama60 Mar 27, 2006 (10:05 am)
Well, I joined the Lexus family as well (actually, it is my wife's vehicle). MSRP $40648. Leased for 36 months at 12K miles per year for $497 per month (tax included). Only paid first month's payment and title fee ($16.50) at signing.
#137 of 1582 leased new RX330 in NJ by newyork7797 Mar 27, 2006 (1:27 pm)
I have a friend who works at a dealership in jersey, so I'm guessing I'm getting a good deal on this.. but would appreciate any feedback   New 2006 RX330 with premium package no navigation 15K miles/yr $459.00 month 36 months... $1500 down including first month payment ... this is the part I question... $4200 to pay down points which I get back at the end of the lease .. Replies to this message: plym_rock (Mar 27, 2006 7:31 pm) newyork7797 (Mar 28, 2006 3:03 am) Car_man (Apr 11, 2006 1:51 am)
#138 of 1582 Lease on new RX330 in West Palm by theoxcorp Mar 27, 2006 (1:59 pm)
This forum armed me with the info necessary to make the following deal. $42003 MSRP. 36 month lease with 15K miles a year. $5006 out of pocket of which $4270.00 is a refundable security deposit(also known as Multiple Security Deposits..MSDs). Allowing them to hold my $4270 greatly reduced the money factor so my monthly payment is $427 plus tax or $454 a month. The additional $736 went toward the first months payment, tax and tag. The dealer wined about how they were losing money(yeah right), but the F&I man said since the 07 is out, they'll do whatever to get rid of the 06s. Palm Beach gave me a better deal than anyone else in South Florida.
#139 of 1582 Re: leased new RX330 in NJ [newyork7797] by plym_rock Mar 27, 2006 (7:31 pm)
Replying to: newyork7797 (Mar 27, 2006 1:27 pm) I made a similar deal at Ray Catena for an 06 RX330 with premium plus, 6 cd, heated seats and rain sensing wipers,etc.    $43K and change MSRP  $39,000 selling price  $4200 msd  $1500 for fees and first months payment  55% residual  15K miles/36 months  $470 per month   What was your selling price to get $459? I am supposed to pick it up this Friday. Replies to this message: newyork7797 (Mar 28, 2006 3:03 am)
#141 of 1582 Re: leased new RX330 in NJ [plym_rock] by newyork7797 Mar 28, 2006 (3:03 am)
Replying to: plym_rock (Mar 27, 2006 7:31 pm) same selling price 39k... but I live in NJ .. so maybe some of the 10.00 was due to taxe differences?
#142 of 1582 Deal in Palm Beach by theoxcorp Mar 28, 2006 (5:25 am)
My MSRP was $42003 and the selling price was $36836. The monthly is 427 plus tax equaling $454 a month. Replies to this message: turquoise_e1 (Mar 29, 2006 12:10 am)
#143 of 1582 Re: Deal in Palm Beach [theoxcorp] by turquoise_e1 Mar 29, 2006 (12:10 am)
Replying to: theoxcorp (Mar 28, 2006 5:25 am) Theoxcorp,   Is that a '07 RX350 or '06 RX330? What's your residual and MF? Appreciate your sharing the information. Thx.
#144 of 1582 Deal in Palm Beach by theoxcorp Mar 30, 2006 (1:19 pm)
My deal was on an 06 RX330, I believe the residual was 57% and I don't remember what the money factor was. For me what mattered most was the payments. Based on this site and the payments others incurred relative to MSRP, I felt the deal I struck was strong. The longer those remaining 330s sit on the lots the better the deals ought to get. Since I'm giving the car back in 36 months, I didn't feel the added expense(about $100 a month) of the newer 350 was worth it. Relative to just about any other make out there with a comparable MSRP, this car is a fantastic deal. Hope somebody uses this info and gets a better deal than me.

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