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Lexus RX 350 / RX 450h Lease Questions

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

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What is this discussion about? Lexus RX 450h, Lexus RX 350, Car Leasing, SUV

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#1470 of 1582 Re: Price; Options; Lease Support [go_orange] by davidd3 Aug 14, 2009 (5:17 am)
Replying to: go_orange (Aug 12, 2009 10:18 am) I talked to the internet sales manager of a CT Lexus dealer on the issue of lease support. She expects it to arrive for the December to Remember sales event, but not sooner. I'm coming off-lease in Oct. I may extend my lease for a couple of months to wait and see. The savings as compared to acting now could be considerable.   Just posting this answer to one of my own questions in case it may be helpful to others.
#1471 of 1582 Re: Question About MSDs [davidd3] by 4barbara Aug 14, 2009 (6:26 am)
Replying to: davidd3 (Aug 14, 2009 5:08 am) Get a second opinion from another dealer. It doesn't make sense that you can't put deposits down. Sales Tax I can understand but deposits! Have you done a search on this? ME! I never take no for an answer...especially in the biginning. Call someone in NJ.   In any case....$599 out the door...no nav with min down. Out here in SoCal $1865   They took our 07 es 350 which was neg 2500...straight up We got the Matador Red w/ Parchment int came with the crossbars. That back up camera in the rear view mirror...cool Replies to this message: davidd3 (Aug 14, 2009 9:13 am) davidd3 (Aug 14, 2009 12:44 pm)
#1472 of 1582 Re: Question About MSDs [4barbara] by davidd3 Aug 14, 2009 (9:13 am)
Replying to: 4barbara (Aug 14, 2009 6:26 am) I did do a search. I verified that MSDs are not allowed in NY, but found nothing on the issue of whether a NY resident could get around this by leasing a vehicle from a dealer in another State where MSDs are allowed.   I believe that an internet manager at a luxury car dealer would be an authoritative information source to answer this question. But maybe I will double-check with a dealer in NJ as you suggest.   Enjoy your new RX. Sounds nice! Mine will be 4lori.   Panaramic sunroof is one of the latest things in this market segement and I like it a lot. I'm disappointed they didn't put one in the new gen RX. They put it in the Venza (a Toyota) but not the RX (a Lexus)??? Go figure. Replies to this message: davidd3 (Aug 14, 2009 12:44 pm)
#1473 of 1582 Re: Question About MSDs [davidd3] by davidd3 Aug 14, 2009 (12:44 pm)
Replying to: davidd3 (Aug 14, 2009 9:13 am) The NJ dealer told me the same thing. So long as the customer lives in NY, MSDs are a no can do regardless of where the customer gets the vehicle. Seems to be no way for me to get around it. Disappointed.
#1474 of 1582 question regarding trade in by nkw40 Aug 15, 2009 (1:35 am)
I am loving the 2010. I have 2 more months to go on a lease of a nissan murano. It's in tip top shape. Do I have a chance of trading this in to lease a rx? or should I wait? I have never traded in lease before, as I have always purchased cars. Also, do I have to put anything down if I don't want to? Thank you for answering, I would like to know before I go into dealership. Thanks. Replies to this message: 4barbara (Aug 15, 2009 10:18 am) rbirns1 (Aug 19, 2009 5:39 am)
#1475 of 1582 Re: question regarding trade in [nkw40] by 4barbara Aug 15, 2009 (10:18 am)
Replying to: nkw40 (Aug 15, 2009 1:35 am) You can't really "trade" a lease because you have to turn in back in. What you can do depends on how bad or good the suv's condition is in. Tires, scratches, dents, interior...and most of all mileage. Then go search this site for USED vehicles priced accordingly...be honest because you're only kidding yourself. The dealer is not going to give you the benefit of the doubt because their argument is that they need to make money on the re-sale. If you really think you're positive on this the best you can do is use the extra for possibly working it as your down payment so no money out-of-pocket is your best course. If you know you're right...don't let them keep you sitting and frankly, DON'T SIT AT ALL! Just browse around like you will walk out at the first sign of BS dealing, as I like to put it. Also let them know that you've searched comp. prices and feel that it's worth MORE than what they're willing. I had one dealer who only wanted to give us $24k for a 07 es350 and we were in the red for $2500 on the lease. I walked but they tried to talk to me as I was leaving. I said sorry...you lost a sale. The next dealer I went to!...they not only gave TOOK the $2500 but gave me the extra $1835 for the down on the rx 350 2010. When the other dealer called to discuss the matter...I told them WHICH dealer I dealt with and what they did...left him speechless in addition to me saying that I won't ever be dealing with your dealership but I'll also tell my friends and to which sales rep & dealership they should go to. Now...what price are you paying for your rx 2010? and an options.
#1476 of 1582 Re: question regarding trade in [nkw40] by rbirns1 Aug 19, 2009 (5:39 am)
Replying to: nkw40 (Aug 15, 2009 1:35 am) You don't trade in a leased car, since you don't own it. You can sometimes have the dealer assume your lease as part of a new purchase. This essentially adds to the purchase price of the new car. If you have two more payments on your Murano (let's assume $500 each), then the dealer assuming your lease would be on the hook for the remaining $1K. This amount needs to be factored into your new deal. It becomes added cap cost. If the dealer is very hungry, they could lower the selling price to make up part of the difference. I don't expect Lexus to be very hungry to deal on an RX. Or, if the residual price at the end of your lease is around what they would pay to acquire the car through trade or auction (this is rare), then they may want it for their used inventory. Either way, turning in your lease early as part of a new deal represents added cost, not reduced cost.   As for money down, you never have to put any money down, nor should you. If you are leasing, always negotiate nothing down, everything (including tax) rolled into the payment. If your leased car is ever stolen or totaled, you cannot recover any money paid upfront.
#1477 of 1582 Re: May Lease Rates [Car_man] by chelentano Aug 23, 2009 (9:05 am)
Replying to: Car_man (Jun 12, 2009 2:39 am) i wonder if there are leasing companies ratings. Anybody could comment on this one?   http://www.theleaseoutlet.com/Auto/Lexus-Lease-Specials.aspx
#1478 of 1582 NJ Lease offer by toyotas2 Aug 24, 2009 (5:17 pm)
Inquired on a new RX 350   MF of .00215 Residual 57% MSRP of 43,400 Price of 41,200   Resulted in a quoted lease of $645 per month.   Seems the deal isn't that great. Any thoughts? Replies to this message: 4barbara (Aug 24, 2009 5:24 pm) toyotas2 (Aug 25, 2009 11:06 am)
#1479 of 1582 Re: NJ Lease offer [toyotas2] by 4barbara Aug 24, 2009 (5:24 pm)
Replying to: toyotas2 (Aug 24, 2009 5:17 pm) too high! what extras and options what state? yrly miles Replies to this message: toyotas2 (Aug 25, 2009 11:06 am)

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