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Prices Paid: Buying & Leasing Experiences Lexus RX 350 / RX 450h Lease Questions
1592 messages, Last post on Dec 07, 2009 at 11:42 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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Replying to: smarty666 (Jul 16, 2009 6:41 am) |
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Replying to: thors (Jul 15, 2009 5:42 am) 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.
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Replying to: sxylxy (Jul 16, 2009 4:25 pm)  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!
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Replying to: hockey_man (Jun 17, 2009 8:23 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: scrapluv (Jul 04, 2009 7:35 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: thors (Jul 15, 2009 5:42 am) This truck's residual value varies by term, trim level, and mileage allowance. LFS' current 36 month, 15,000 mile per year resid for a 2010 RX 350 FWD without the entertainment system is 57%. MSD means multiple security deposits. LFS lets lessees make additional deposits on their vehicle, with each extra deposit (up to a maximum of nine) reducing the money factor that is used to calculate their vehicle's monthly payment by .00010 (the last time that I checked). Making MSDs is a much better way to lower your vehicle's monthly payment than making a capitalized cost reduction. Unlike down payments you actually get MSDs back at lease-end. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Jul 20, 2009 3:01 am)
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Replying to: Car_man (Jul 20, 2009 3:01 am) Sorry - a quick question on the MSD....when I am ball-parking/figuring out my probable lease payments (thanks again to your helpful calculators!), where do I plug in the $ amount of MSD's I plan to make? Let's say, for example: Cap cost is $39,000 (let's say MSRP is $42,500) Residual 57% (I'll use yours) MF is .00255 BUT I want to make the max MSD's of 9, making my MF .00165 Where does the MSD $ come off when figuring? Or am I just missing the boat here? Thank you!
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