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Lexus RX 350 / RX 450h Lease Questions

1582 messages,  Last post on Dec 03, 2009 at 11:27 AM

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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#1419 of 1582
Re: NJ/PA Lexus Leasing Deals [vandyman4] by gophers
Jul 14, 2009 (9:19 am)
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Replying to: vandyman4 (Jul 14, 2009 8:22 am)

It appears the .9% interest quoted by smarty777 is not for the RX, but the IS or ES... apples and oranges.
 
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?
#1420 of 1582
2010 Lexus RX 350 by tommyboy456
Jul 14, 2009 (2:53 pm)
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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
#1422 of 1582
Need help on leasing... by thors
Jul 15, 2009 (5:42 am)
Reply
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!
#1423 of 1582
Re: NJ/PA Lexus Leasing Deals [vandyman4 by smarty666
Jul 16, 2009 (6:41 am)
Reply
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
#1424 of 1582
Re: NJ/PA Lexus Leasing Deals [vandyman4 [smarty666] by juliank20
Jul 16, 2009 (9:21 am)
Reply

Replying to: smarty666 (Jul 16, 2009 6:41 am)

I have an offer from a dealer for RX 350 AWD with GPS for $550/mo $3413 due at signing. Is that a good deal? Car cap price $40795 (thats $500 below invoice). What do you think?
#1425 of 1582
Re: Need help on leasing... [thors] by sxylxy
Jul 16, 2009 (4:25 pm)
Reply

Replying to: thors (Jul 15, 2009 5:42 am)

I think that your offer is reasonable. I just turned in my 2007 RX350 and got a new one for $42.2 w/Prem, Comfort, NAV, cross rails, etc... ($46.1 MSRP) Very happy with it. I looked at many, many cars before making my decision, and Lexus really represents a nice blend of safety, mileage for its size and comfort.
 
You may have trouble finding the heated and cooled seats without the "Comfort Package". It was hard to find here in Southern California for me anyway. The vehicles typically came in one of three variations.
#1426 of 1582
Re: Need help on leasing... [sxylxy] by thors
Jul 17, 2009 (4:06 am)
Reply

Replying to: sxylxy (Jul 16, 2009 4:25 pm)

Thanks! It's funny....there are a bunch of RX's in the showroom with that exact configuration, so guessing they think that may be a good seller here in S. Fla.....gotta tell you, the idea of cooled seats here sounds very enticing!!!
 
I have been looking at a lot of similar/smaller suv's and am finding it hard to beat...price is higher, but looks to be worth the extra when you really start comparing.....
 
Dealer e-mailed me back he can make me an offer just a litttle over invoice, he'll show me the invoice to earn my business, so we will see......we cannot go in until next week, but getting all my Edmunds ducks in a row!
#1427 of 1582
Re: June rates [hockey_man] by Car_man HOST
Jul 20, 2009 (2:48 am)
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Replying to: hockey_man (Jun 17, 2009 8:23 pm)

Hi hockey_man. Lexus Financial Services' buy rate lease money factor for the 2010 RX 350 is still .00215. Keep in mind though that this is a special money factor for loyal customers. Its factor for non-returning customers is .00255.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1428 of 1582
Re: 48 mo lease money factor [scrapluv] by Car_man HOST
Jul 20, 2009 (2:50 am)
Reply

Replying to: scrapluv (Jul 04, 2009 7:35 pm)

Yes, scrapluv, the special lease money factor on the 2010 RX 350 is only available for up to 36 months. Lexus Financial Services' 48 month buy rate should be around .00255.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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