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Prices Paid: Buying & Leasing Experiences Lexus RX 350 / RX 450h Lease Questions
1582 messages, Last post on Dec 03, 2009 at 11:27 AM
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| 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. | |
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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 ..
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| 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. | |
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Replying to: newyork7797 (Mar 27, 2006 1:27 pm) $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.
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Replying to: plym_rock (Mar 27, 2006 7:31 pm) |
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My MSRP was $42003 and the selling price was $36836. The monthly is 427 plus tax equaling $454 a month.
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Replying to: theoxcorp (Mar 28, 2006 5:25 am) Is that a '07 RX350 or '06 RX330? What's your residual and MF? Appreciate your sharing the information. Thx. |
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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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| Has anyone taken advantage of Lexus national program? Its $429/mo. for 36 months after $1999 down plus tax, tags and acq fee. Its for the RX330 AWD (MSRP $43403) which includes the Premium Plus Package w/ additional options...Historically is this a good deal? I'm thinking of pulling the trigger tomorrow... | |
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