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Lexus RX 350 / RX 450h Lease Questions

2665 messages,  Last post on May 20, 2013 at 12:06 PM

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

Messages Page 192 of 267

#1911 of 2665 Re: Lease RX 350 2010 vs 2011 [gwarrenfl] by Car_man HOST

Jun 11, 2010 (3:07 am)

Replying to: gwarrenfl (Jun 04, 2010 6:46 am)
Hi again gwarrenfl. If I had a crystal ball, I'm not sure that predicting the future lease programs of vehicles would be the best use of its powers. Predicting the results of sporting events, the direction of the stock market, or winning lottery numbers would probably be a little more lucrative .
 
It's difficult to say what Lexus Financial Services' lease program will be like on the 2011 RX 350 will be like when it is introduced. I suspect that Lexus will try to sell it without much, if any, support for the first month or two that it's available...at least while it tries to selldown its remaining leftover 2010 models. After that you may be able to find a period of time where its money factor support is equivalent to what is going on right now and the '11's residual values are slightly better than the '10's residuals are this month. I don't envision an opportunity that is worth waiting for, but again my crystal ball is in the shop.
 
Car_man
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#1912 of 2665 Re: June Lease RX350 AWD [toddphilly] by Car_man HOST

Jun 11, 2010 (3:11 am)

Replying to: toddphilly (Jun 08, 2010 4:33 am)
Greetings Todd. Lexus Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 RX 350 AWD without the entertainment system with 15,000 miles per year are .00210 and 58%, respectively for consumers who qualify for its top aka Tier 1+ credit tier.
 
If your credit is in good shape and the dealer tries to charge you a higher rate than that, they are looking to make some additional hidden, back-end profit on your deal.
 
Car_man
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#1913 of 2665 Lease Deal '10 RX 350 - No. Texas by denny0711

Jun 13, 2010 (9:59 am)

Hi,
 
I've never leased before, so I would like to get some idea what a decent deal (rough monthly payment) would be on a '10 RX 350 (preferably in the North Texas area) with the Comfort Pkg, Premium Pkg, and NAVI at 15K/yr over 36 mos., and typically what % dealers should be coming off of the MSRP. Would probably take an in-stock vehicle without too much regard to exterior/interior color.
 
Thanks !!

#1914 of 2665 Re: June Lease RX350 AWD [Car_man] by toddphilly

Jun 14, 2010 (6:16 am)

Replying to: Car_man (Jun 11, 2010 3:11 am)
Thanks Car_man.
 
Do rates typically get better in July/August? Does Lexus typically run a summer sales event?

#1915 of 2665 Re: June Lease RX350 AWD by nycadguy

Jun 16, 2010 (10:32 pm)

Replying to: toddphilly (Jun 14, 2010 6:16 am)
Hi Car_man,
 
I'm getting different numbers for the June MF and residuals, can you confirm the rates for the NYC area?
i'm seeing 0.00190 with a residual of 58%
 
also, for 12 and 10K mile leases, is it +2 and +3% respectively?
thanks in advance!

#1916 of 2665 Re: Lease RX 350 2010 vs 2011 [Car_man] by gwarrenfl

Jun 23, 2010 (5:01 am)

Replying to: Car_man (Jun 11, 2010 3:07 am)
Car_Man
 
It appears that Lexus is currently sponsoring the lease on the 2010 RX looks like some type of Dealer concession ($3,000). So with that fact included what is the current Residual and M.F. in the Southeast for a 36 month, 10,000 miles per year?

#1917 of 2665 Lease of 2010 Lexus RX350 by msmmim

Jun 28, 2010 (7:48 pm)

I'm interested in leasing a 2010 Lexus RX 350. Base plus nav/heated seats.
MSRP approx. $47K. Dealer offering $43K
I want to put down 1st month plus tax, title and tags.
Prefer 48 months/15K miles per month
Would like to be in the $450/month range
Is this feasible?

#1918 of 2665 Rates for 10K miles/year by tax_atty

Jun 29, 2010 (1:36 pm)

What is the current residual and money factor for a RX350 for 36 months and 10K miles/year? Does it change if I add the factory rear entertainment system? (I saw a post above that noted the rates without the entertainment system)
 
Also my current lease is up at the beginning of September. One dealer told me I could be getting a 2010 or 2011 at that time but may have to order a 2011 now to ensure I get it configured exactly as I want it. Any suggestions?

#1919 of 2665 Re: Lease Deal '10 RX 350 - No. Texas [denny0711] by Car_man HOST

Jun 30, 2010 (4:00 am)

Replying to: denny0711 (Jun 13, 2010 9:59 am)
Hi denny0711. Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.
 
I would be happy to use Lexus' current lease program to work up a sample payment on the exact truck that you are interested in for you if you provide me with its full MSRP and dealer invoice price. You can look up that information over in the New Vehicle Pricing section of Edmunds.com.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#1920 of 2665 Re: June Lease RX350 AWD [toddphilly] by Car_man HOST

Jun 30, 2010 (4:04 am)

Replying to: toddphilly (Jun 14, 2010 6:16 am)
You're welcome, toddphilly. It's difficult to say what Lexus' lease program will be like on the RX in July / August. If I had to make an educated guess, I would say that its program for this truck couldn't get much worse than it is right now...but I suppose that it's always possible that the money factor will remain the same and the residual value would drop by a point or two as they normally do as the model year progresses. If that was to happen then it would cost a couple of bucks more to lease in Jul. / Aug. than it does today.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

Messages Page 192 of 267

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