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Lexus RX 350 / RX 450h Lease Questions

1588 messages,  Last post on Dec 07, 2009 at 7:30 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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#1428 of 1588
Re: 48 mo lease money factor [scrapluv] by Car_man HOST
Jul 20, 2009 (2:50 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
#1429 of 1588
Re: Need help on leasing... [thors] by Car_man HOST
Jul 20, 2009 (3:01 am)
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Replying to: thors (Jul 15, 2009 5:42 am)

Hi thors. Lexus Financial Services' current buy rate lease money factor on the 2010 RX 350 for non-returning customers is .00255 for consumers who qualify for its top aka "Tier 1+" credit tier.
 
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
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Prices Paid: Buying & Leasing Experiences Forum
#1430 of 1588
Re: Need help on leasing... [Car_man] by thors
Jul 21, 2009 (6:42 pm)
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Replying to: Car_man (Jul 20, 2009 3:01 am)

Car_man...thank you for your information! We are heading to the dealer later this week to see what's what...taking my Edmunds homework with me is......
#1431 of 1588
Re: Need help on leasing... [Car_man] by thors
Jul 21, 2009 (7:17 pm)
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Replying to: Car_man (Jul 20, 2009 3:01 am)

Car_man,
 
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!
#1432 of 1588
Re: Need help on leasing... [thors] by kyfdx HOST
Jul 22, 2009 (3:10 am)
Reply

Replying to: thors (Jul 21, 2009 7:17 pm)

The MSDs just change the money factor... To get the difference, just use the lower money factor in your calculations..
 
regards,
kyfdx
#1433 of 1588
Re: Need help on leasing... [kyfdx] by thors
Jul 22, 2009 (5:34 am)
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Replying to: kyfdx (Jul 22, 2009 3:10 am)

Thanks.....
 
Am I correct in assuming just like all other security deposits, you just pay the amount up front? Do you write a check to the leasing company for the amount?
 
As I am researching, I am noticing lots of ads (throughout the country) that have lease deals with $0 security deposit....so......what kind of $ are we looking at putting down then? How do you know how much then they will be and do all dealers do this?
 
Thanks!
 
#1434 of 1588
Request for feedback on lease quote in SoCal by manilaboy777
Jul 23, 2009 (12:53 am)
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Hi everyone,
 
First post here... Can I please get some feedback on the following quote?
 
RX350 FWD w/ Premium, Navi, 19" wheels, wood/leather steering whl, heated/vent front seats, 12 spkr for Nav, cargo mat, wheel locks
 
MSRP: 44428
Negotiated Price: 40809
Residual: 59%
Money Factor: .00183 w/ 9 x MSD
acquisition fee of $700
 
Final drive off of 5850 (MSD) + 556 (Title, reg, lic) + 602.34 (1st month) + 49.39 (doc fee) + 8.75 (tire fee) = 7066.48
 
602.34 a month incl tax for 36 months at 12k/yr
 
How does this sound to you guys? Many thanks in advance...
#1435 of 1588
Re: Request for feedback on lease quote in SoCal [manilaboy777] by NRI
Jul 23, 2009 (5:15 am)
Reply

Replying to: manilaboy777 (Jul 23, 2009 12:53 am)

this vehicle has two config only no Nav and with NAv. rest everything is standard.
I assume you are talking of 2010 model and I would expect a good offer is $550/mo rest everything remaining same.
 
I have a 2090 Rx 350 with NO NAV for 450/month + 1651( final drive off ). this transaction is from Jan, 2009
#1436 of 1588
Re: 2010 Lexus RX 350 [tommyboy456] by pop90210
Jul 26, 2009 (1:37 am)
Reply

Replying to: tommyboy456 (Jul 14, 2009 2:53 pm)

Did you get a response to this? I'm looking for a very similar deal in the NY/NJ/PA area.

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