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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

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


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#1363 of 1570
Re: Lease questions [thooper1] by max64
May 11, 2009 (8:42 pm)
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Replying to: thooper1 (May 11, 2009 11:07 am)

You can get away with not paying the acquisition fee and, needless to say, 7.704 is insanely high unless your credit is problematic. MF 0.0025 which is 6% is what they have for good credit buyers.
#1364 of 1570
Re: Lease questions [max64] by briegel
May 11, 2009 (8:57 pm)
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Replying to: max64 (May 11, 2009 8:42 pm)

I don't believe you can get away with not paying the acquisition fee.
#1365 of 1570
May Lease Rates by ctsoxfan2
May 17, 2009 (6:51 am)
Reply
Car_Man...
 
Looking at getting a 2010 RX 350 AWD in the next couple of weeks. The dealer I went to said there is a new leasing special on the 2010 RX 350. Do you have any details?
 
Can you give me the details (resid/MF) for a 2010 AWD with Nav, Premium, Comfort, Wood and Towing. MSRP is $46,593. Looking at a 36 mo lease with 12k miles per year.
 
Thanks.
#1366 of 1570
Lease incentive question by newkid300
May 20, 2009 (6:29 pm)
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Hey carman,
 
Have you heard if Lexus is looking to offer any lease incentive on the 2010 RX 350 AWD. Looking for it with Nav and premium. Have offer of 12,000 miles per year, just first month, DMV and acquisition - total about $1565 to get into vehicle and lease of $663.25. MSRP is about $45,600 I believe.
 
Can you believe that I have a 2007 ES350 coming off lease on 7/6/09 which misses qualification for leave forgiveness program which just started because it is for leases that terminate from 8/1/09 through 11/30/09. Any thoughts? Dealer said there is not enough in deal for they to pick up my last month of $608 on my ES. They are holding car for a month so I can pay my last month on the ES.
#1367 of 1570
Re: 2010 RX 350 money factor change [scotty61] by Car_man HOST
May 22, 2009 (1:53 am)
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Replying to: scotty61 (Apr 30, 2009 7:25 am)

No problem, scotty61.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1368 of 1570
Re: Lease 2010 RX350 AWD [ach8888] by Car_man HOST
May 22, 2009 (1:58 am)
Reply

Replying to: ach8888 (Apr 30, 2009 4:41 pm)

Hi ach8888. I'd be happy to work up a lease payment on this truck for you. It's great that you know what the selling price is, many consumers ignore this important number when leasing, but I also need some other information from you to run a payment, including this vehicle's full MSRP, how long you want to lease it for, and what mileage allowance you need. Let me know and I'll crunch some numbers for you.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1369 of 1570
Re: RX350 invoice [ach8888] by Car_man HOST
May 22, 2009 (2:02 am)
Reply

Replying to: ach8888 (Apr 30, 2009 5:31 pm)

Hey ach8888. Here's a link to the 2010 RX 350 pricing page here at Edmunds.com: '10 RX 350 Pricing. The dealer invoice information that you're looking for is available there.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1370 of 1570
Re: lexus dealer cash [max64] by Car_man HOST
May 22, 2009 (2:07 am)
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Replying to: max64 (May 08, 2009 4:40 am)

Yes, max64, the $5,000 dealer cash is still available on the 2009 Lexus RX 350. Lexus is no longer providing lease support on this truck. This incentive can be used in conjunction with Lexus Financial Services' standard lease program.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1371 of 1570
Re: Deal RX 350 2010 Lease Option [theneocity] by Car_man HOST
May 22, 2009 (2:13 am)
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Replying to: theneocity (May 08, 2009 10:28 am)

Hi TheNeoCity. The best way to tell if this is a good deal is to look at this truck's selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without the selling price, it is difficult to tell how much of a dealer discount you are being given. Let us know what this truck's selling price is and I'm sure that either myself or another community member will gladly give you their opinion on this deal.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1372 of 1570
Re: Lease questions [thooper1] by Car_man HOST
May 22, 2009 (2:42 am)
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Replying to: thooper1 (May 11, 2009 11:07 am)

Hi thooper1. The money factor that you were quoted is way too high. Lexus Financial Services' standard lease money factor is only .00275 for consumers who qualify for its top credit tier. Plus, if you're talking about a 2010 RX, Lexus has a special money factor that's even better than that for loyal customers.
 
Most banks that lease vehicles to consumers charge an acquisition fee at lease signing. There's no way to avoid paying this fee. You can either pay it at lease signing or roll it into your vehicle's monthly payment by adding it to the capitalized cost. The last time that I checked, LFS' base acquisition fee was only $600. This means that it has recently raised this fee or that the dealer is marking up the base fee and trying to slip an additional $100 in profit into your deal (probably the latter).
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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