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Prices Paid: Buying & Leasing Experiences 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
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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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Hi Car Man! Great job answering everybody's questions. Your contribution is immense, very much needed and greatly appreciated. My first series of questions are about August numbers and specials that LFS is offering on 2010 RX 350 (MSRP: 42287). Specifically, what is: - the Money Factor for returning and non-returning customers? - Residual value for 10/12/15k. Is it still 60/59/57% respectively, or does it change? - Can I still put down 9 MSD and how much does each one bring the MF down by? I read different posts quoting different #s just for July: from .00008 to you saying it's .00010. However, I went to the dealer today and they first said the currect MF is .000365! I quoted edmunds and you and they came down to .000255 (and later .000251 - what is up with different MFs? ). Then they supposedly didn't know about the maximum of 9 MSDs. They said the max was 4. Then they came back and said it's actually .00008 and I saw my monthly payment go up on the screen. I was kinda disappointed and left with no deal. There are so many ways the finance manager, and ultimately the dealer, can make a profit on the lease (on top of making a profit on the car itself) by lying and withholding information, it's insane!  Where do you get your info and is this something that I can check myself? Is this info available in the public domain? Also, I called LFS and they told me that it's up to the dealer to work out a lease contract and terms and they accept whatever the dealer submits. In other words, the dealer can lower MF or raise the residual value if they choose to do so. Is this true? If the finance manager is fine with raising the MF, then he is lying when he says that he can't lower it. Thank you very much for your help! 
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Hello- I am new at leasing. Just wondering what a good lease deal on Lexus AWD 2010 rx 350 msrp 43,475 is. We have excellent credit and were offered 36 months 12,000 a year 3,000 down and 599 a month. Should I be paying more like 560 a month? (quoted from lexus in edison nj ) thanks
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Replying to: dealornodeal1 (Jul 31, 2009 7:23 am) Bad deal. I just leased the same car for 585.00, 10 k miles per year, 1800 out of pocket including 1st payment from Warnock in East Hanover. JON
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