2695 messages,
Last post on Jun 19, 2013 at 11:02 PM
You are in the
Prices Paid - Buying & Leasing Experiences Forum.
What is this discussion about?
Lexus RX 450h, Lexus RX 350, Car Leasing, SUV
#1922 of 2695 Re: Lease RX 350 2010 vs 2011 [gwarrenfl]
by Car_man HOST
Jul 01, 2010 (2:30 am)
Hey gwarrenfl. How have you been?
According to the latest information that I have seen, Through July 6th Lexus Financial Services' buy rate lease money factor and residual value for a 36 month lease of a 2010 RX 350 FWD with 10,000 miles per year are .00210 and 58%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1923 of 2695 Re: Lease of 2010 Lexus RX350 [msmmim]
by Car_man HOST
Jul 01, 2010 (2:34 am)
Hi msmmim. Let's work up a lease payment on this truck and see what we come up with.
According to my calculations, if you were to lease a 2010 Lexus RX 350 AWD that has an MSRP of $47,000 and a selling price of $43,000 through Lexus Financial Services right now for 48 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $555.
Unfortunately it appears as though it won't be possible to hit the $450 per month that you were hoping for without putting a lot of money down, which is never a good idea on a lease.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1924 of 2695 Re: Rates for 10K miles/year [tax_atty]
by Car_man HOST
Jul 01, 2010 (2:43 am)
Hello tax_atty. Through July 6th, Lexus Financial Services' buy rate lease money factor and residual value for a 36 month lease of a 2010 RX 350 AWD with 10,000 miles per year are .00210 and 61%, respectively.
The addition of the OEM entertainment system drops the RX's residual value by 2%.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1925 of 2695 Re: Lease RX 350 2010 vs 2011 [Car_man]
by gwarrenfl
Jul 01, 2010 (5:10 am)
Car_man,
Thanks for asking I have been fine.
I'm not sure if i read correctly, but is the residual for a FWD 3 points lower than the AWD? 61% / 58%.
Also not sure if you referenced the $3,000 that I "THINK" Lexus is providing the dealers incentive. This would lower the Cap Cost so wouldn't this make up for the higher M.F.?
I.e. if MSRP is $47,000 agrees to $43,000 take off another $3,000 So now Cap Cost would be $40,000.
If Residual is 61% you only owe $11,330 / 36 = $314
+ Interest at MF of .00210 on $68,000 = $143
Total Monthly should be $457 + Tax
gwarrenfl
#1926 of 2695 Leasing a 2010 RX350 2WD W/O Nav
by 04cobra23
Jul 02, 2010 (8:07 am)
What should I be paying for a lease on one of these. I am in southwest Florida. I talked with the dealer and they gave me an MSRP of $43,850.00 and took 4k off for a actual price of $39,850.00. Here is what he told me
48 month lease/12k miles a year/3k down $531.00 inc tax
36 month lease/12k miles a year/3k down $553.00 inc tax
Any insight? I dont like to put money down on a lease either.
Thanks!!
#1927 of 2695 Re: Leasing a 2010 RX350 2WD W/O Nav [04cobra23]
by toddphilly
Jul 02, 2010 (10:10 am)
How much is tax in FL? Those numbers sound high for $3k down!
What MF and Residual is the dealer quoting you? You need those to determine whether or not it's a good deal.
Jul 03, 2010 (12:10 pm)
RX 350 FWD
MSRP: 47,644
Gross Cap Cost: 42,332
12k/36 - payment of 542.45
No cap cost reduction... good deal?
#1930 of 2695 lease questions on one pay lease 2010 rx350
by chariot123
Jul 04, 2010 (7:56 am)
PLEASE HELP..........
Does anyone know the money factor for a ONE PAY lease on a 2010 rx350? Is the residual for 15,000 miles 58%? Is there any current dealer incentive that will benefit me? I have to get a car ASAP.....my transmission" failed" on my 2000 rx300 (116,000 miles) with no warning!!!.....a little whining noise on Thursday and no transmission on Friday. Lexus said the oil pump inside the engine has no pressure, can't be fixed.....$5000+ to rebuild....froget it.....
I'm looking at 2 different cars; one MSRP $44,500 and one MSRP $48,000, 36 month lease, 15,000 miles. I'm in Wisconsin.
#1931 of 2695 Dallas TX Lease Offer RX350
by g35_mania
Jul 05, 2010 (1:11 pm)
Carman,
I just started my search and was offered the following:
2010 RX350 w Premium Package, Heated and cooled seats and 19 in rims)
MSRP 43,850
Sales Price 40,598
36 month 12 k per year
Residual 60%
Money Factor 0.00265
Payment came to $614 (747 due at signing)
Thoughts on this deal?
Cheers,
Ed