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Lexus RX 350 / RX 450h Lease Questions

1579 messages,  Last post on Dec 02, 2009 at 10:29 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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#1380 of 1579
Re: Lease questions [Car_man] by jimmylexusnj
May 28, 2009 (6:24 am)
Reply

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.
#1381 of 1579
Lease deal by newkid300
May 28, 2009 (4:17 pm)
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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 1579
RX350 2010 lease question by mhsj2009
Jun 02, 2009 (9:08 pm)
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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?
#1383 of 1579
June Lease Rates by chadnaustin
Jun 03, 2009 (2:43 pm)
Reply
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.
#1384 of 1579
Lease advice? by davidalan
Jun 04, 2009 (9:41 am)
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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
#1385 of 1579
June rates by newkid300
Jun 05, 2009 (9:14 am)
Reply
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
#1386 of 1579
Re: Lease advice? [davidalan] by rackerman
Jun 05, 2009 (3:30 pm)
Reply

Replying to: davidalan (Jun 04, 2009 9:41 am)

I live in Miami too....can you disclose what dealership you got that quote from? I went to Countyline in Hollywood in mid April '09...and they quoted me...
 
MSRP: $43,630
Lease: 36 mnths/12k miles a yr.
$633/mnth, plus sales tax (7%)
$2,500 due at signing.
 
I WALKED..... The sales mgr was horrible.
#1387 of 1579
Re: Lease advice? [rackerman] by davidalan
Jun 05, 2009 (3:42 pm)
Reply

Replying to: rackerman (Jun 05, 2009 3:30 pm)

I went to Countyline which is now Lexus of North Miami. I checked with another dealer in the area who could not beat the deal and I accepted the offer. Try them again. I actually found them to be very professional.
#1388 of 1579
Lease ending by sxylxy
Jun 06, 2009 (7:10 am)
Reply
The lease on my RX 350 w/Mark Levinson & NAV is 6 weeks away from ending. Any thoughts on my 3 options:
  
1. Avoid paying the registration & all four new brakes by turning it in.
2. Pay the $26K residual, $430 for the brakes, $480 for the registration, $1K to get it "Certified" and hope that there aren't any additional charges during the certification, plus $2,300 Calif. tax.
3. Sell it to a third party and have them pay the tax...pocket the difference.
  
Anyone else face this choice? What did you choose?
#1389 of 1579
New money factor? by newkid300
Jun 06, 2009 (5:08 pm)
Reply
I have deposits on 2 vehicles (one each at 2 dealerships). I called to cancel one and I was informed that in 6/09, the money factor dropped slightly ( I was already at .00215 from 5/09) and they were going reduce payments by about $16 per month. I then emailed the other dealership and the response was that I did not qualify for the new reduced rate because I was coming out of an ES lease and the new rate was for returning RX lease customers. Anyone hear anything on this? Thanks in advance.

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