- #148 of 1571
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Re: Leased New RX330 AWD with Navi in DC Metro Area [ranajo]
by Car_man HOST
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Apr 11, 2006 (1:49 am)
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Replying to: ranajo (Mar 27, 2006 4:50 am)
Wow, two straight detailed real-world examples of leases of this truck. Keep them coming everyone. Thanks ranajo. Enjoy your new ride  .
Car_man
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- #149 of 1571
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Re: leased new RX330 in NJ [newyork7797]
by Car_man HOST
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Apr 11, 2006 (1:51 am)
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Replying to: newyork7797 (Mar 27, 2006 1:27 pm)
Greetings newyork7797. You never mentioned the selling price or MSRP of the truck that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what these numbers are.
Car_man
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- #151 of 1571
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Prepaying scheduled maintenace on lease to get discount on it?
by nwt
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Apr 23, 2006 (1:04 pm)
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A coworker of mine prepaid the scheduled maintenace for his Lexus (it was a purchase, not a lease). He said by doing that he got a 30% discount on the maintenance. Also, the dealer valets his Lexus (meaning they come to his house drop off a loaner and drive his to the dealer for service then return his to his house). They valet for him because he prepaid the maintenance. Can you do this with a lease? Good idea or bad idea?
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- #152 of 1571
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First negotiate price and dont tell them you're going to lease?
by nwt
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Apr 30, 2006 (5:17 am)
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I've heard you should not tell them you're going to lease at first. Negotiate price down on the car and then go for lease negotation. Is this still the approach? I plan to do it over the internet so not sure if that is necessary? Thanks.
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- #153 of 1571
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2006 RX330 vs 2007 RX350
by worcester1
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May 01, 2006 (7:11 am)
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Hi car_man,
I am considering leasing a 2006 RX330 or 2007 RX350. Can you tell me what the current money factors and residuals are for both of these vehicles for 36 and 48 months at 12,000 miles per year?
Thanks!
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- #154 of 1571
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Re: Prepaying scheduled maintenace on lease to get discount on it? [nwt]
by Car_man HOST
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May 01, 2006 (8:19 am)
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Replying to: nwt (Apr 23, 2006 1:04 pm)
Hi nwt. I am sure that any dealer would be thrilled to sell you pre-paid maintenance on a leased Lexus. If I was leasing one, I definitely would not purchase a pre-paid maintenance plan though. Lessees really only need to change the oil in their leased vehicles every three months or so. Other than that, performing any other routine maintenance is a waste. Unless you really want the convenience that the delivery service provides, you would be better off saving your money and just paying to change the oil in your truck a few times out of your own pocket.
Car_man
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- #155 of 1571
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Re: First negotiate price and dont tell them you're going to lease? [nwt]
by Car_man HOST
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May 01, 2006 (8:24 am)
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Replying to: nwt (Apr 30, 2006 5:17 am)
Hey nwt. You don't necessarily need to hide the fact that you want to lease your new vehicle. Lying during negotiations never makes the process go any smoother. However, you absolutely should negotiate the lowest possible selling price on the vehicle that you want prior to discussing its lease payment. Once you have arrived at an acceptable price, have the dealer that you are working with calculate your vehicle's lease payment using Lexus Financial Services' "buy rate" lease money factor. Its current buy rate for the '06 RX 330 is .00255 for consumers who qualify for its Tier 1+ credit tier.
Car_man
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- #156 of 1571
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Re: 2006 RX330 vs 2007 RX350 [worcester1]
by Car_man HOST
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May 01, 2006 (8:38 am)
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Replying to: worcester1 (May 01, 2006 7:11 am)
Hello worcester1. Neither the 2006 Lexus RX 330 nor the 2007 Lexus RX 350 currently have any sort of lease money factor support available on them. As a result, if you were to lease either one through Lexus Financial Services right now, you would have to use its standard lease money factors. The last time that I saw it, LFS' buy rate standard lease money factor for consumers who qualify for Tier Tier 1+ credit tier was .00255. If you were to lease a base '07 RX 350 AWD through LFS right now for 36 months with 12,000 miles per year, its residual value should be 59%. The number for an otherwise identical 48 month lease should be 50%. LFS' 36 mo. / 12k mi/yr residual value for a base '05 RX 330 AWD is 55%. The number for an otherwise identical 48 month lease is 45%. If you opt to go with the 2006 model, keep in mind that Lexus is currently providing $1,000 dealer cash on it to help dealers unload their leftover models. this money will help you to negotiate an attractive capitalized cost.
Car_man
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- #157 of 1571
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MF and Residules on the *RX400h*
by lkforcar
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May 02, 2006 (10:54 am)
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Car_man, kyfdx suggested I ask this of you here since he/she didn't have the figures and there is no specific RX400h lease forum.
What are the MF and residual %'s for the RX400h? Are they different for the FWD and the AWD? Do they residulizing everything or not on some of the options like they do on the HiHy? Looking at figures for the 36mo/36000mi and the 36mo/45000 lease. Thanks.
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