Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Lexus RX 350 / RX 450h Lease Questions
1578 messages, Last post on Dec 01, 2009 at 4:58 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
Maximafan, It may be Premium Plus. I did not go in details because I visited two dealerships and they both said that this is something which comes prebuilt in NorthEast, i.e. the only two options I have is Navigation & No Navigation. The NoNavigation is 43033 sticker (AWD) and Navigation is an extra 2600. As far as the lease, I don't think that I will pay the 2500 down. I will adjust it in my lease payments. The total cost that the dealers are asking beyond the sale price is between 900-1300 in NJ. This includes 600 Bank Fee, which some has mentioned as Acquisition Fee in other forums (non lexus and lexus). Th ethink the 199 documentation fee is something which I won't like to pay, but I would rather negotiate on base price. Based on information I have so far, here is the Golden Sales Event in NJ -> I may be wrong so wait for Car Man to confirm: MF = .00175 Residual = 58% (36 month 12K/year) 56% (36 month 15K/year) 49% (48 month 12K/year) 47% (48 month 15K/year) Remember to calculate the residual on MSRP (sticker price). UpTo 9 MSDs are allowed which can bring down the MF by 85 to 90 points, i.e. .00090. Now using these numbers you can calculate your numbers. Thanks sdani
|
|
|
Replying to: sdani (Aug 06, 2006 7:13 pm) The dealer and I finalized the MSRP (the options),color, and the payment that I was looking for over the phone. I had a higher MF and a higher residual in my calculations. The fact that the MF and residual % were lower at the signing didn't make much difference to me. I figured that at least I'd have a lower purchase price in three years if I decide to buy. Since we agreed on the phone, I don't plan to ask the dealer this question. Isn't the residual set by Lexus itself? Why would I get a 54% residual, instead of the 56% that Lexus set?
|
|
Hi does anyone know what the current money factor is for a 36 month lease with 15000 per for the RX350 AWD with the premium plus package?
|
|
|
Replying to: jsmil4901 (Aug 14, 2006 11:39 am) MSRP: 45,683.00 Gross Cap Cost: 40,431.00 Residual val: 57% 15K miles/year $455.00 /mo for 36 mo Out of pocket: Taxes upfront: 1202.00 Doc fee: 199.00 Bank fee: 600.00 DMV: 270.00 Tire: 7.30 First mo: 455.00 9 MSDs: 4275.00 --------------- Total: 7009.00 Disp fee at end: 0
|
|
|
Replying to: mkupneski (Nov 01, 2005 6:55 am) My wife is considering trading in her 2003 RX300 lease (8 months remaining at $505) for a 2007 RX350- AWD, Premium Nav package. Here's the deal MSRP- $45683, Sale Price- $40,748, $1651.94 down and $613.75 (tax included) for a 3yr, 12K mile lease. On a 4yr, 12K lease- they are offering $1616 down and $578 (tax included). What's your take? Should we take the deal or pay off the lease as scheduled? thanks in advance for your assistance!
|
|
|
Replying to: Car_man (Aug 02, 2006 2:01 am) What info can you give me that I will need to make sure I get the correct(best) lease deal on this car with 15k miles? Thanks in advance
|
|
|
Replying to: aggieque (Aug 16, 2006 8:50 pm) My 2002 Maxima was totaled out from a wreck I was involved in almost a month ago. My saleswoman kept reiterating to me that if you are a current Lexus customer, that Lexus is very generous in waiving remaining payments on existing leases in order to get their customers into new leases. I don't know how much they would waive, or maybe since Lexus vehicles don't depreciate much, then you could get them to buy your car and see if you come out ahead that way. You might want to inquire about this at your local dealer. Good Luck. The RX350 is a fantastic car!
|
|
|
Replying to: maximafan (Aug 17, 2006 10:12 pm) |
|
|
Replying to: Car_man (Aug 02, 2006 2:11 am) I leased an RX350 last weekend. The residual was off by one percent (58 instead of 59), but I figured that it must have been adjusted by LFS. Anyway - for those still on the market I hope the details of my deal will be helpful: RX350 AWD, P+, 18", Heated Seats 3 Years, 36K Miles Lease MSRP: $43,033 Selling Price: $38,000 Acquisition Fee: $600 9 Sec Deposits: $4500 Driveoff: $830 Monthly Payment: $469 (including tax)
|
|
|
I'm helping a friend with this deal. This is what I negotiated here in So. Cal. The car is Front Drive w/ NAV, Premium, Heated seats/Rain sensors, 18" wheels. I'm told this is selling price is $600 below invoice but the numbers on edmunds show a much lower invoice. I'm not too worried as it seems competitive and this is the same "selling price" if configured on CarsDirect.com so that makes me feel good about it. The other thing I'm not quite sure about is the 55% residual. I got the 55% from 2 different dealers so I belive the salesman when he tells me it's direct from Lexus financial. But I'm wondering why it doesn't match up with the 56% listed here by maximafan. Maybe it's for California or the vehicle w/ Nav or it's changed mid-month. I think we're gonna go with this unless there is some big discrepency. The car doesn't arrive until 8/28 or 8/29 so hope to hear by then. Thanks Car_man for the info and help and to anyone else as well! MSRP $44,123 Sell Price $38,764 36 month lease term 15K miles per yr. Total due at lease signing $1,560.77 (includes 1st payment, DMV and $600 bank-fee) Residual (55%) $24,267.65 Money Factor .001750 (w/ No Security Deposit) Mo Payment incl. 8.25% Tax $555.31
|
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Lexus RX 350 / RX 450h Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Lexus RX 450h
2010 Lexus RX 350
Browse by Board
Browse by Topic
Today's Chats
