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Lexus RX 350 / RX 450h Lease Questions

1577 messages,  Last post on Dec 01, 2009 at 12:58 PM

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

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#1376 of 1577 Re: May Lease Rates [ctsoxfan2] by lexusbob May 25, 2009 (2:55 am)
Replying to: ctsoxfan2 (May 17, 2009 6:51 am) Just leased a 2010 EX 350 from Chatham Lexus of Savannah, Georgia. Great car, and new improvements stand out nicely. I found a MF equilavent of 2.76 % which is great for this early in the market. Must have decent FICA score. Talked with Brad who is the General Manager. He wants to please and make a good deal. I paid 4% above invoice. The lease had a 57% residual. I did a Single Pay Lease which is a one time payment for the life of the three year Lease with 15,000 miles per year. I paid $19,114 without taxes. No dealer prep fees either. Brad is in need of used Lexus for the Used Car lot so he is in a dealing mode. Best of luck!
#1377 of 1577 Re: May Lease Rates [Car_man] by ctsoxfan2 May 26, 2009 (3:38 am)
Replying to: Car_man (May 22, 2009 2:48 am) Thanks for the response Car_Man. I pulled the trigger on the lease on Saturday. Ended up getting a MF of 0.00275 and 59% residual, as you quoted. Also negotiated the car down to about $1500 over invoice, or $4500 under sticker. I think I did pretty well. Replies to this message: Car_man (Jun 12, 2009 2:40 am)
#1378 of 1577 Looking for RX350 - need realistic numbers by gmsmith May 26, 2009 (11:28 am)
My wife and I have been looking at an Infiniti FX35 and had settled on that until we drove an RX350 yesterday. We loved it. We are looking at the 2010 AWD Smokey Granite Mica/Black w/Nav,Premium, Comfort.   Looking at all of the numbers, it looks like $42,000 is a reasonable price for the dealer to sell this car at. LeaseCompare puts this at the selling price with the above mentioned options. The dealer we looked at yesterday insisted they couldn't come off MSRP.   We are looking to lease 12k miles for 36 - 39 months. I understand the residual is 59% and money factor is (.00275, which is high in my opinion). If only we could find a dealer that would take a reasonable profit on this truck, we would have a deal.   Any tips on how to get through to a dealer on this? Replies to this message: ctsoxfan2 (May 27, 2009 3:21 am)
#1379 of 1577 Re: Looking for RX350 - need realistic numbers [gmsmith] by ctsoxfan2 May 27, 2009 (3:21 am)
Replying to: gmsmith (May 26, 2009 11:28 am) Not sure where you are, but just go to another dealer. Them not willing to come off MSRP is ridiculous. Unfortunately there isn't much you can do about the money factor (I was told I could not buy it down with extra security deposits...not sure if I was told the truth by the dealer there...). You should be able to get the car for between $42k-$43k.
#1380 of 1577 Re: Lease questions [Car_man] by jimmylexusnj May 28, 2009 (6:24 am)
Replying to: Car_man (May 22, 2009 2:42 am) The standard rate is .00251. You really need to brush up on your figures. Also, the bank fee was raised to $700 about 1 year ago. Lexus won't allow a dealer to "mark up" the bank fee. You alluding to the fact that the client is being ripped off doesn't help the situation. Replies to this message: Car_man (Jun 12, 2009 2:48 am)
#1381 of 1577 Lease deal by newkid300 May 28, 2009 (4:17 pm)
Just signed deal for 36 month lease. First month, bank and DMV fee up front. About $1585 out of pocket. Blue Sapphire AWD with Nav and Premium. MSRP $46,766.00. MR was .00215 (returning customer with Tier 1 plus credit); residual 59%. Monthly is $663.00. Assume this is good deal? I figure the buy was about $44,300 backing the figures in.
#1382 of 1577 RX350 2010 lease question by mhsj2009 Jun 02, 2009 (9:08 pm)
Hey Car_Man, I visited my local Lexus dealer in San Jose, CA and was quote the following lease   Silver / black interior 4wheel drive w/Navigation, Premium Package, and a few other goodies   MSRP $46,125   Sale price $44,625   36 mos.   10K miles year   $3500 drive off   $699 mo. + tax   Based on some quote posts, this seems high. Any ideas on what the best avaialble deal are in Bay Area? Replies to this message: Car_man (Jun 12, 2009 2:51 am)
#1383 of 1577 June Lease Rates by chadnaustin Jun 03, 2009 (2:43 pm)
Does anyone know if Lexus has released the MF and Residuals for the 2010 RX350 for June 2009?   I am in Austin, top credit and an existing Lexus owner. My Austin Dealer reported that the best MF being offered by LFS this month on the 2010 RX350 is .00375 for 36mo term (returning Customer with Tier 1+ credit) and he also believed LFS has discontinued the MSD program.   Any help out there would be appreciated. I am not even going to start negotiating on price if they are not going to provide a competitive MF. Replies to this message: Car_man (Jun 12, 2009 2:55 am)
#1384 of 1577 Lease advice? by davidalan Jun 04, 2009 (9:41 am)
Does anyone know if this is a good deal for a 2010 RX 350 to be leased in Miami? I would greatly appreciate any help.   "Here are the best numbers for the fully equipped RX 350 with Navigation/Smokey Granite/Light Grey interior: MSRP: $45,847 Lease: 36 months/12,000 miles per year $596 per month + Tax = $638.00 (Dade County sales Tax) Inception fees which include first month's payment, Acquisition Fee, local taxes = $1704.00"   Premium leather w Wood trim, Premium Sound System (12 Speakers), XM radio (3 months free), HID headlamps, 19" alloy wheels, Navigation system, Voice activated Bluetooth, USB and MP3 wired, Rain Sensor wipers etc....COMPLETELY EQUIPPED Replies to this message: rackerman (Jun 05, 2009 3:30 pm) davidalan (Jun 05, 2009 3:42 pm)
#1385 of 1577 June rates by newkid300 Jun 05, 2009 (9:14 am)
Hey carman,   Do you have the new money factor for 6/09? Also, did the residual stay at 59% for RX with nav and 12,000 miles per year? Thanks Replies to this message: Car_man (Jun 12, 2009 2:57 am) hockey_man (Jun 17, 2009 8:23 pm) Car_man (Jul 20, 2009 2:48 am)

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