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Prices Paid: Buying & Leasing Experiences Lexus RX 350 / RX 400h Lease Questions
1530 messages, Last post on Nov 10, 2009 at 8:23 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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?
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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.
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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
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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
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Replying to: davidalan (Jun 04, 2009 9:41 am) 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.
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Replying to: rackerman (Jun 05, 2009 3:30 pm) |
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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?
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| 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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I am new in this forum. I live in Canada. Today, I went to a local dealership to test-drive a used 2007 RX350 with premium package with 101k. The sale price is CDN$33K. At the end, the dealer told me if I lease a brand new 2010 RX350 with premium package (no navigation) is better than buying an used one. The MSRP for this car is about CDN$ 53,000. He told me about a security deposit program with Lexus, which will offer me a leasing rate as low as 2.1%. Every CDN$500 I deposit in Lexus will reduce 0.2% off the original 3.9% 4-year leasing rate. After I deposit CDN$4500, I can get 1.8% off 3.9%, which is 2.1%. This is the maxium discount rate that I can get. So, under the 2.1% 4-year leasing rate, the monthly payment will be $551 for premium package model WITH 10K down payment and the residual value is about CDN23k. After 4 years, if I decide to return the vehicle to the dealer, I can get my $4500 deposit back. If I buy a used RX, I will pay slightly less amount every month under 3.9% best financing rate they can offer. My question is, is it worthy to lease a brand new RX? I never did that before. So what should I worry about in the lease term? Also, if I go to purchase a RX in the US, can I carry the warranty over to Canada? Thanks for your help in advance. |
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Replying to: dengdeng (May 22, 2009 5:03 pm) I doubt that you are going to be able to alter your lease at this point, but you might be able to cancel your extended warranty. If I was in your situation, I would look into doing so right away. If you could get the extended warranty company to send a refund directly to you, the dealer would no longer get a commission and you'd get your money back. If you are unhappy with the way that you were treated you definitely can send letters to the owner of the dealership and Lexus directly. You also can also post a review of the dealership over in the Dealer Ratings & Reviews section of Edmunds.com. I am not aware of any resource that consistently provides accurate information on banks current lease programs directly to the general public, except for the Edmunds.com forums. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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