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Lexus RX 350 / RX 450h Lease Questions

1582 messages, Last post on Dec 03, 2009 at 11:27 AM
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Replying to: vandyman4 (Jul 11, 2009 5:22 pm) |
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The previous posts are correct, NJ Lexus dealers are offering much better dealers/figures then PA Lexus dealers and are willing to work with you compared to PA dealers for example on a new 2010 RX350; NJ Lexus Dealer: MSRP: 43,265: $3000 down/$560 a month for 36 months/ 12k miles a year: 0.9 interest rate - this is out the door including everything PA Lexus Dealer: MSRP: 43,265: $3000 down/$620 a month for 36 months/ 12k miles a year: 6.0 interest rate - this is NOT out the door and didn't include tax, interest, etc I was shocked by the PA Lexus and when I told them they had to do better they told me no, that was as good as it was going to get for tier one credit Obviously I'll be doing my business in NJ rather than PA; never thought I would see the day when I would say that
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Replying to: smarty666 (Jul 13, 2009 11:42 am) Try Eric Saltz at Warnock in NJ. I just leased the same one at a much better price with less out of pocket. 10k miles per year. All included and all done on the phone. JON
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Replying to: vandyman4 (Jul 13, 2009 11:51 am)
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Replying to: gophers (Jul 14, 2009 7:59 am) Did you speak to Eric Saltz? Yes, the interest rate is standard but the amount of discount on the car is high. What was your quote> JON
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Replying to: vandyman4 (Jul 14, 2009 8:22 am) I spoke to the NJ dealer and am not getting any better interest, basically the same discounts as other places. I was keying in on the .9% interest thinking that was a valid quote on an RX. I was told to wait for the golden sales event to start (around July 24) and that interest *might* go down. Anyone hear rumors of this? |
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Does anyone know a Lexus dealer where I can lease a 2010 RX 350 now. Don't need GPS, so am looking for 36/36 with paying only 1st month and start-up costs and with payments of $479 tax included Thanks for any help and advise
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I am in south florida, palm beach county, probably leasing vs. purchasing the 2010 RX 350, but need help on some of the technical aspects of leasing and understanding some of the things I see here on the board... MSRP $42,546 (this seems to be a popular combo of options as there were quite a few of these same equipped vehicles in the showroom and what it includes is good for me) have not neg. yet, but using Edmunds TMV looking at my target $ of 39,600 (is this reasonable?) FWD Prem back up mirror 19" wheels h/c seats wood/leather steering wheel/shift knob mats net wheel locks cross bars Please bear with me on my questions.... from readiing, looks like the MF changes monthly...what is it for Fla for July? (I am not a current lexus owner) how do they figure the residual %? what should I expect? what is the MSD? I saw an earlier post that said it's good to put down 9 months worth?? From what I read, really shouldn't put a lot "down" on a lease/want to keep the out of pocket low correct? Golden Opportunity Sales Event....saw it on the main Lexus webpage, but no specs about it....will there be specific "deals" coming out? Are they just advertising that "it's coming"? We have been to the showroom, know the vehicle, and would like to avoid spending our life in the dealership negotiating...see here many people are dealing via internet. How exactly is that done? Would appreciate any advice/how to on internet negotiating! The salesperson did tell us that most of their customers lease... Sorry to have so many questions, but really want to be prepared. THANK YOU! |
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Yes you are right, I apologize, the 0.9% is on the IS and ES; I meant to say 2.9%. The percentage in NJ is still better in PA. 6% in PA is absolutely outrageous to pay on any vehicle when most of the other luxury automakers are offering 2.0% or lower and especially considering how poorly car sales are doing right now with the way the economy is; you would think Lexus would do what they can to match the interest rate of other luxury automakers in order to increase their sales; if you want to pay almost 6% interest on top of 6% sales tax be my guess; by the time the Lexus dealer is done screwing you around you'll be paying $50-60 more a month, which will really add up in the end
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