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Prices Paid: Buying & Leasing Experiences Lexus RX 350 / RX 450h Lease Questions
1568 messages, Last post on Nov 23, 2009 at 11:26 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Carman: Thanks for all your help. I am confused on another point -- does the residual value change if you agree to lower miles? If I leased at 10k per year, how do you calculate the difference in price (36 months)? Thanks for any info.
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Replying to: greencarleaser (Oct 15, 2009 9:10 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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| I am having a tough time deciding on which car to get? The Lexus has much more equipment standard. the Q5 is a cooler car. Your thoughts please?? | |
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Replying to: jacks2 (Sep 25, 2009 6:52 am) I haven't been checking this forum. But in case you still want to know, I'm in California. Sales tax is paid to the DMV when the new buyer registers his new car. The seller has no involvement. It was leased from LFS. It took LFS a few days to process the paperwork, and sent the pink slip out in 4 days I think. |
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I just started the buying process and rec'd the following for a 2010 AWD RX350: MSRP = 47518 Cap cost = 46000 Money factor = .00295 Residual = 62% Zero down Tier 1 credit 3 yrs / 12k 922 due at signing 771/mo Does this seem good, bad or avg? I'm not in a big rush, do you think terms will be better in Dec? |
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What has anyone heard about when this sale will start and whether and how the lease program for the RX will be improved for this sale? I haven't heard anything definitive from my dealer yet. They "hope" that the sale will start in a week or two, and they "think" that it will be worth the wait. Since the residuals are high and are locked through the end of the year, all they could do is reduce the money factor. There's a lot of room there and so something to hope for.
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Replying to: go_orange (Nov 04, 2009 7:47 am)
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Replying to: audilover18 (Nov 04, 2009 8:25 am)  60% for a 3 year term with 15,000 miles per year. By waiting a few months, I'll end up paying about $80 less per month for a vehicle that now costs more than before (they added an On Star-like system which upped the MSRP by $500 or so). That totals up to nearly 3 grand in savings over the course of the 3-year lease. Not bad.
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Replying to: go_orange (Nov 10, 2009 8:23 am) MSRP: $43,715 Sales Price: $39,547 ($300 below what is said to be dealer invoice) Term: 3 years Miles: 15,000 per year Money Factor: .00220 Residual: 60% bank fee ($700) and sales tax (7.375%) capitalized paying only first month's lease payment and DMV fees up front Monthly Payment: $581.66 Location: Metro NYC Area I found that it is easy to get offers at or about what is said to be dealer invoice, and with a little effort (playing dealers off against one another) they'll go below invoice. It seems at least in the Metro NYC area, the TMV is much lower than the Edmund's TMV (which I believe is a national average). |
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