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Lexus RX 350 / RX 450h Lease Questions

1570 messages,  Last post on Nov 28, 2009 at 7:02 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#158 of 1570
Re: MF and Residules on the *RX400h* [lkforcar] by Car_man HOST
May 31, 2006 (3:40 am)
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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
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#159 of 1570
Car_man: Looking For RX350 Lease Info Please by md_outback
Jun 01, 2006 (4:30 pm)
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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
#160 of 1570
Rx 350 AWD by wantmb
Jun 06, 2006 (6:48 am)
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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!
#161 of 1570
RX 350 AWD by wantmb
Jun 12, 2006 (6:14 am)
Reply
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!
#162 of 1570
RX 350 AWD by wantmb
Jun 12, 2006 (12:24 pm)
Reply
CarMan,
 
I have been quoted the following for a Non Nav AWD RX 350:
 
MSRP- $43, 933
Invoice - $39,500
Residual - $24,141 (55%)
Money Factor - .00175
17k miles
$0 money down.
$623 a month payment for 36 months
 
Does this look like a good deal? How would multiple security deposits affect the money factor or monthly fee. Additionally I am current LFS Tier 1+ customer, would this help? Please lend me your thoughts.
 
Thanks
 
Wantmb
#163 of 1570
LFS's June RX350 Special Lease by turquoise_e1
Jun 13, 2006 (7:18 pm)
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Does anyone know what're the MF and Residual % for the LFS's June RX350 special lease ($429/12K/36mon) advertised on Lexus' finance section?
 
I did a reverse calculation, it seems MF is almost 0. Just doesn't make any sense. Please comment if you know. Thx.
#164 of 1570
Re: Car_man: Looking For RX350 Lease Info Please [md_outback] by Car_man HOST
Jun 15, 2006 (1:46 am)
Reply

Replying to: md_outback (Jun 01, 2006 4:30 pm)

Here you go, md_outback. If you were to lease a 2006 Lexus RX 350 AWD 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 .00205 and 57%. This truck's 12,000 mile per year residual value is 2% higher. The lease program for this truck is the same for models with and without the navigation system. If the state of Maryland falls in Lexus' Eastern region you are in luck, because in that part of the country it has enhanced its normal money factor for this truck to .00170. All of the aforementioned factors assume that you qualify for LFS' "Tier 1+" credit tier.
 
Car_man
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#165 of 1570
Re: Rx 350 AWD [wantmb] by Car_man HOST
Jun 15, 2006 (1:49 am)
Reply

Replying to: wantmb (Jun 06, 2006 6:48 am)

Hey wantmb. I guess that you don't want an MB any more huh? Here's the info that you're looking for. If you were to lease a 2006 Lexus RX 350 AWD 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 .00205 and 57%. This truck's 12,000 mile per year residual value is 2% higher. The lease program for this truck is the same for models with and without the navigation system. If the state of Maryland falls in Lexus' Eastern region you are in luck, because in that part of the country it has enhanced its normal money factor for this truck to .00170. All of the aforementioned factors assume that you qualify for LFS' "Tier 1+" credit tier.
 
Using the special Eastern region program, an MSRP of $43,120, and a selling price of $38,423, I estimate that this truck's zero down, pre-tax monthly payment should be around $492.
 
Let me know if you have any other questions.
 
Car_man
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Prices Paid Forums
#166 of 1570
Re: LFS's June RX350 Special Lease [turquoise_e1] by Car_man HOST
Jun 15, 2006 (1:53 am)
Reply

Replying to: turquoise_e1 (Jun 13, 2006 7:18 pm)

Hello turquoise. Lexus' nationally advertised special lease for the 2006 Lexus RX 350 AWD without the entertainment system is based upon a lease money factor and residual value of .00205 and 59% (36 months with 12,000 miles per year). As I mentioned in an earlier post, this special money factor is enhanced to .00170 in Lexus' Eastern region. All of the aforementioned factors assume that you qualify for LFS' "Tier 1+" credit tier. It appears as though the money factors that you backed into are a little off.
 
Car_man
Host
Prices Paid Forums
#167 of 1570
Re: LFS's June RX350 Special Lease [Car_man] by stone19
Jun 15, 2006 (1:33 pm)
Reply

Replying to: Car_man (Jun 15, 2006 1:53 am)

I am close to leasing an RX 350 AWD w/ PP+ NAV in NJ, MSRP 46,583, I have cap cost of 41,752 (500 over invoice) and the dealer is giving me a MF of .00145 - I have seen other sites giving a MF of .00125 can anyone confirm what Tier 1 MF is? I am also going to use MSD to lower the factor

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