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Lexus RX 350 / RX 450h Lease Questions

1587 messages, Last post on Dec 06, 2009 at 7:23 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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Replying to: thors (Jul 21, 2009 7:17 pm) regards, kyfdx
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Replying to: kyfdx (Jul 22, 2009 3:10 am) 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!
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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...
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Replying to: manilaboy777 (Jul 23, 2009 12:53 am) 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 |
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Replying to: tommyboy456 (Jul 14, 2009 2:53 pm) |
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Replying to: carbuyer_2009 (Jun 30, 2009 1:54 pm) Also, I know Lexus and BMW have MSD discounts. Does anyone else? Acura, Volvo, Infiniti...? Thanks. 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. |
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