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Lexus RX 350 / RX 450h Lease Questions

1579 messages,  Last post on Dec 02, 2009 at 10:29 PM

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

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#152 of 1579 First negotiate price and dont tell them you're going to lease? by nwt Apr 30, 2006 (5:17 am)
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. Replies to this message: Car_man (May 01, 2006 8:24 am)
#153 of 1579 2006 RX330 vs 2007 RX350 by worcester1 May 01, 2006 (7:11 am)
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! Replies to this message: Car_man (May 01, 2006 8:38 am)
#154 of 1579 Re: Prepaying scheduled maintenace on lease to get discount on it? [nwt] by Car_man HOST May 01, 2006 (8:19 am)
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 Host Smart Shopper / Prices Paid Forums
#155 of 1579 Re: First negotiate price and dont tell them you're going to lease? [nwt] by Car_man HOST May 01, 2006 (8:24 am)
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 Host Smart Shopper / Prices Paid Forums
#156 of 1579 Re: 2006 RX330 vs 2007 RX350 [worcester1] by Car_man HOST May 01, 2006 (8:38 am)
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 Host Smart Shopper / Prices Paid Forums
#157 of 1579 MF and Residules on the *RX400h* by lkforcar May 02, 2006 (10:54 am)
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. Replies to this message: Car_man (May 31, 2006 3:40 am)
#158 of 1579 Re: MF and Residules on the *RX400h* [lkforcar] by Car_man HOST May 31, 2006 (3:40 am)
Replying to: lkforcar (May 02, 2006 10:54 am) I'd be happy to answer this question for you, lkforcar. If you were to lease a 2006 Lexus RX 400h 2WD without the entertainment system through Lexus Financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00170 and 56%, respectively. The numbers for an otherwise identical lease of an '06 RX 400h AWD without entertainment should be .00170 and 57%. These money factors assume that you qualify for LFS' "Tier 1+" credit tier. If you decide to go with only 12,000 miles per year, this truck's residual values would be 2% higher. I believe that Lexus' residualization policy is different than Toyota's. You should be able to fully residualize any factory installed options on this truck.   Car_man Host Smart Shopper / Prices Paid Forums
#159 of 1579 Car_man: Looking For RX350 Lease Info Please by md_outback Jun 01, 2006 (4:30 pm)
Hey Car_man, Do you have the latest Lexus RX350 lease info (money factors and residuals)? Looking for data on 2007 Lexus RX350-AWD, both with Navigation (MSRP=46583) and non-Navigation (MSRP=43933). Lease term will be 36 months and either 12k miles or 15k miles, leased in the state of Maryland. Thanks for your help.   md_outback Replies to this message: Car_man (Jun 15, 2006 1:46 am)
#160 of 1579 Rx 350 AWD by wantmb Jun 06, 2006 (6:48 am)
CarMan or Kyfdx,   Please provide the money factor and residual for a RX 350 AWD (with premium plus and heated seats/rain sensing wipers) for a 36 mos, 15k miles in the state of MD with Tier 1 credit and a current Lexus financial customer. What would be the pre & post tax payment with $0 down (as you always suggest) for a vehicle with a MSRP $43,120 and a selling price of $38,423. I have seen the following lease special:    $429 / mo [1] 36 months - $3,529 Due at Lease Signing Includes 1st mo. payment, acquisition fee and cap. cost reduction. Excludes applicable taxes & fees. Good thru 6/30/06.   As you always say the specials leave some meat on the bone and I am curious how much meat there actually is?   Thanks in advance for your valuable service provided to everyone! Replies to this message: Car_man (Jun 15, 2006 1:49 am) wantmb (Jun 16, 2006 5:27 am) Car_man (Jul 14, 2006 2:24 am) and 9 more...
#161 of 1579 RX 350 AWD by wantmb Jun 12, 2006 (6:14 am)
CarMan or Kyfdx,    Please provide the money factor and residual for a RX 350 AWD (with premium plus and heated seats/rain sensing wipers) for a 36 mos, 15k miles in the state of MD (5% sales tax) with Tier 1 + credit and a current Lexus financial customer. What would be the pre & post tax payment with $0 down (as you always suggest) for a vehicle with a MSRP $43,120 and a selling price of $38,423. I have seen the following lease special:     $429 / mo [1] 36 months - $3,529 Due at Lease Signing Includes 1st mo. payment, acquisition fee and cap. cost reduction. Excludes applicable taxes & fees. Good thru 6/30/06.    As you always say the specials leave some meat on the bone and I am curious how much meat there actually is?    Thanks in advance for your valuable service provided to everyone!

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