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
1568 messages, Last post on Nov 23, 2009 at 11:26 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
|
|---|---|
|
Replying to: pialphaphi28 (Jun 30, 2009 9:57 am) -------------------- MSRP 46106 (FWD, premium+navi+comfort) Nego 41600 36mo/36000mi Residual 59% MF w/ loyalty .00215 MF w/ 9 x MSD = .00143 Final Monthly = $499 + tax = $543 -------------------- For each additional multiple security deposit (MSD) you put in, your MF gets reduced by .00008. Lexus allows you to put down up to 9 months of MSD, for a maximum reduction of MF by .00072. This is what I did. So my final MF turned out to be .00143. I think your deal with MSD is better than the one without. Here's why: Option 1 = $639/mo x 36 months = $23004 for 36 months (excluding other fees) Option 2 = $605/mo x 36 months = $21780 for 36 months (excluding those same fees) The difference between the 2 options is $1224, and this is your "savings" or "interest rate" by investing those $3100 in Lexus for 3 years. $1224 savings / 3 years = $408 savings / year. $408 savings / $3100 investment = about 13% earning rate (interest). Now imagine if you were to put these $3100 in your bank, I don't think you'll get nearly as much interest as 13%... right? Better yet, if you can afford it, I would put the maximum MSD allowed (9 months) into this lease, to get a bigger savings. Hope this helps.
|
|
|
Replying to: sxylxy (Jun 06, 2009 7:10 am) I was planning to buy it in May, but thought I should check how much older models (2008-2009) will be by end of the year. My residual was around 27k so I want to check what other car I can buy for that same amount. By the way, the extension is on a month-to-month basis, for at most 6 months. So I can either buy or turn the car in anytime during that period. I've not heard of the option of paying 1k to get it Certified. Is that something the dealer offered you? I'm in CA too, so really hate the higher tax they just imposed.
|
|
|
Car Man, Is the enhanced money factor of .00215 for Loyal Lexus customers just for 36 Mo leases or is there a different money factor for 48 Mo? Most of the quotes I've been receiving have been between the .00253 - .00245 range for 48 MO leases
|
|
|
Hi: I am about to sign the following lease and need to know if it's fair. 2010 RX 350 10k miles per year $43,285 list $39,800 sell $585.00 per month $1804.00 out of pocket to include $585 first month, $700 bank fee, $274.00 motor vehicle, $238.00 documentation, and the balance is tire tax. I have never leased a lexus so I am not sure if all the fees are standard. Please advise as soon as possible as I must make a decision in the morning. Thanks, JON from NJ
|
|
|
Replying to: vandyman4 (Jul 07, 2009 6:49 pm) $450/month 12k miles per year &1651 out of pocket to include first month, and all other you mentioned. Other dealer were offering the same deal but did not have right color. |
|
|
Replying to: vandyman4 (Jul 07, 2009 6:49 pm) can you please tell me the length of the lease ? is $585 include tax ? I am currently looking to lease one too. thanks
|
|
|
Replying to: sw286 (Jul 08, 2009 9:49 am) Yes, the price includes tax. Another dealer just offeref me $565.00. These deals are in New Jersey where the dealers are loaded with cars. JON
|
|
|
Replying to: vandyman4 (Jul 08, 2009 6:13 pm)
|
|
|
Replying to: sw286 (Jul 08, 2009 6:35 pm) thanx
|
|
|
$46,825 MSRP $42,700 Cap $750 rebate $1,500 down .00245 MF 48 MO/15K miles $595.00/MO What do you think?
|
|
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
