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Lexus RX 350 / RX 450h Lease Questions

1580 messages,  Last post on Dec 03, 2009 at 8:39 AM

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

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#183 of 1580 Re: Just leased (with an option to purchase :) [sxylxy] by sxylxy Jul 27, 2006 (11:38 am)
Replying to: sxylxy (Jul 27, 2006 11:35 am) I forgot to add that my payment including tax is $639 and there was no cap cost reduction. Just 1st month + fees ($394). This RX has the Gen. 5 Navigation and Bluetooth.
#184 of 1580 August numbers from LFS by ebg Aug 01, 2006 (11:23 am)
Hi Carman, Please, share the residual and MF on a 36 month, 12K/year RX350 lease program. (No Navigation, Northern California).   I wonder why is the 48 month lease term not as popular? What would be the residual in this case?   Thank you. Replies to this message: Car_man (Aug 02, 2006 2:11 am) ebg (Aug 19, 2006 10:08 am) Car_man (Sep 04, 2006 4:51 am)
#185 of 1580 To hybrid or not to hybrid? by dmemmolo Aug 01, 2006 (5:02 pm)
Hi Carman,   My husband and I are thinging about the Rx400h, but I am having a hard time making the decision to pay such a huge premium for a vehicle. If I am calculating correctly, it will cost me nearly $300 more per month to lease a 2006 RX400h than a 2007 RX350. Are my calculations correct?   Thanx Replies to this message: Car_man (Aug 02, 2006 2:16 am) sxylxy (Aug 02, 2006 5:45 am)
#186 of 1580 Re: Basis for Residual and the Residual for accessories [mss443] by Car_man HOST Aug 02, 2006 (1:56 am)
Replying to: mss443 (Jul 16, 2006 10:25 am) You;re very welcome, mss443. Vehicles' residual values are based upon a percentage of their full MSRPs, including destination charges and the MSRPs of any options that can be residualized. You may not be able to residualize dealer installed options. If that is the case, in order to have a dealer installed option added to your lease you would have to pay for the entire thing over the length of your lease. As a result, a remote starter that has a price of $489.30 (30% off of $699) would increase the monthly payment of a 36 month lease by $13.59.   Car_man Host Prices Paid Forum
#187 of 1580 Re: Rx 350 AWD [screwjack] by Car_man HOST Aug 02, 2006 (2:01 am)
Replying to: screwjack (Jul 18, 2006 5:55 pm) Hi screwjack. Lexus Financial Services' current buy rate lease money factor (as of July 27th) for the 2007 RX 350 is .00175. I would be happy to use this number to estimate what your lease payment should be on this truck, however in order for me to do so I need you to provide me with its full MSRP.   Car_man Host Prices Paid Forum Replies to this message: drewman8 (Aug 17, 2006 10:38 am) Car_man (Sep 03, 2006 6:07 am)
#188 of 1580 Re: Just leased (with an option to purchase :) [sxylxy] by Car_man HOST Aug 02, 2006 (2:03 am)
Replying to: sxylxy (Jul 27, 2006 11:35 am) Congratulations on your new truck, sxylxy. The money factor and selling price that you mentioned in your post look good to me. You never mentioned your monthly payment though. Enjoy your new truck!   Car_man Host Prices Paid Forum
#189 of 1580 Re: August numbers from LFS [ebg] by Car_man HOST Aug 02, 2006 (2:11 am)
Replying to: ebg (Aug 01, 2006 11:23 am) Hi ebg. 48 month leases are not more popular for three main reasons. The first is that many automakers do not provide lease support on 48 month terms. This is the case with Honda and Toyota. I suspect that they don't provide support on 48 month leases because they want their customers to come back and get a new vehicle sooner than that, which makes sense. This isn't an issue with Lexus because its special money factors are available for up to 48 months. The second main reason is that 48 months is longer than many vehicles' full warranties. Many consumers don't want to drive a vehicle that doesn't have full warranty coverage for the last year of their lease. Again, this is not a problem with Lexus because its models come with 4 years / 50,000 miles of full warranty coverage. The third reason why 48 month leases are not more popular is that 4 years is a long time to drive one vehicle for. Consumers who lease tend to want a new car or truck every couple of years. It's usually fairly expensive to get out of leases early.   If you were to lease a 2007 Lexus RX 350 AWD without navigation through Lexus Financial Services right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00175 and 59%, respectively. Just in case you are interested, the numbers for an otherwise identical 48 month lease of this truck are .00175 and 50%.   Car_man Host Prices Paid Forum Replies to this message: ebg (Aug 19, 2006 10:08 am) Car_man (Sep 04, 2006 4:51 am)
#190 of 1580 Re: To hybrid or not to hybrid? [dmemmolo] by Car_man HOST Aug 02, 2006 (2:16 am)
Replying to: dmemmolo (Aug 01, 2006 5:02 pm) Hi dmemmolo. Many consumers find that the savings in gas that they experience from purchasing a hybrid vehicle does not justify the premium that they have to pay for it compared to a similar non-hybrid model. I would be happy to calculate the difference in lease payments between the RX 350 and RX 400h that you are considering if you provide me with their full MSRPs and approximate selling prices.   Car_man Host Prices Paid Forum Replies to this message: sxylxy (Aug 02, 2006 5:45 am)
#191 of 1580 Re: To hybrid or not to hybrid? [Car_man] by sxylxy Aug 02, 2006 (5:45 am)
Replying to: Car_man (Aug 02, 2006 2:16 am) Hi again Carman,   My monthly payment is $639 with zero down (just DMV & 1st month). I have the NAV, Mark Levinson, 2WD, RES (had to get that...darn!...18" alloy wheels and heated seats).   Thank you for all of your terrific info.
#192 of 1580 Leasing during "Golden Opportunity Sales Event" by sdani Aug 06, 2006 (5:10 am)
Greetings all,   Does anyone have the Money Factor / Residual details that Lexus is offering during the "Golden Opportunity Sales Event."? This is what I got from a NJ dealer yesterday, but I wanted to know more details like MF & Residual etc, so that if I negotiate on the final price, I know the rest of the calculation is correct.   RX350 - 2007 Base Model with Standard Premium Package, Destination Charge + 2-3 small standard additions (All cars come with these - per the SalesMan) - MSRP -> 43033 Sale Price (till Sept 4th) -> 39723 12K per year 2500 Capital Cost Reduction 1767 Inception Fee - Including 1st Month Fee $449 per month + TAX.   Based on the TMV price on Edmunds, I am okay with 39723 Sale Price, but I would like not to pay 2500 Capital Cost reduction, and thus would like to know the factors / numbers used to recalculate if I don't want to pay that price.   Also, is the inception fee standard or can I negotiate in any of these fees: Total 1767 - I don't know how it breaks up, because the sum does not match, but this is what they gave me: Bank Fee -> 600 MV -> 360 Window Wetch -> 169 Documentation Fee -> 199 Credit Check -> 15 Tire Tax -> 7.80 Some other local tax -> 8.30   Thanks for your time. Replies to this message: maximafan (Aug 06, 2006 4:08 pm) Car_man (Sep 03, 2006 5:53 am) markish (Sep 23, 2006 2:33 pm) Car_man (Sep 27, 2006 2:00 am)

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