Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Lexus RX 350 / RX 450h Lease Questions
1578 messages, Last post on Dec 01, 2009 at 4:58 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
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
|
|
|
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
|
|
|
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.
|
|
|
Replying to: rackerman (Jun 05, 2009 3:30 pm) |
|
|
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?
|
|
| 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. | |
|
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. |
|
|
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
|
|
|
Replying to: ctsoxfan2 (May 26, 2009 3:38 am)  ! Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
|
Replying to: jimmylexusnj (May 28, 2009 6:24 am) Dealers' ability to mark up money factors varies from bank to bank. Many banks do allow dealers to mark money factors up. It happens all the time, particularly at luxury brand dealerships. Admittedly, I do not know LFS' specific policy on this matter, but I would be surprised if Lexus dealers were never allowed to mark vehicles' interest rates and money factors up. I just checked and LFS did indeed raise its base acquisition fee to $700. In stand corrected. Thank you for the information. In my post I said "the last time that I checked." Now I know that it is higher. Man, $700 is a big, annoying fee to pay to lease a vehicle. Acquisition fees are really getting up there. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Lexus RX 350 / RX 450h Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Lexus RX 450h
2010 Lexus RX 350
Browse by Board
Browse by Topic
Today's Chats
