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Lexus RX 350 / RX 450h Lease Questions

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

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

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#218 of 1570 Re: RX350 lease [nhraguy] by Car_man HOST Sep 04, 2006 (5:45 am)
Replying to: nhraguy (Sep 03, 2006 7:48 pm) Hi nhraguy. This truck's money factor is supported by Lexus and cannot get any lower than the factor that you mentioned, but its MSRP is negotiable. I believe that the truck that you described has a spread of around $5,100 between its full MSRP and dealer invoice price. A $3,000 discount on it isn't bad, but in an area that has a lot of competition, like the NY metro area does, I would not be surprised if you were able to beat this deal by shopping around a little bit. Have you comparison shopped with a couple of dealers. It wouldn't hurt.   Car_man Host Prices Paid Forum
#219 of 1570 How To Find Money Factor and Residual % by element3 Sep 04, 2006 (3:25 pm)
Hi, I'm looking to lease the RX 400h and I want to make sure I ask the right questions to calculate my lease. Are all these points available for disclosure by the dealer? Are there other questions I should ask? Thanks    Money Factor Residual Lease Inception Charge Lease APR   I'm looking to lease for 36-40 months at 12,000 miles a year at a Teir 1+ level.   Any insight would be great, thanks alot! Replies to this message: Car_man (Sep 27, 2006 1:43 am)
#220 of 1570 Lease Opportunity by prof_dave Sep 09, 2006 (6:05 pm)
Hello   I'm sure you must get this alot, but I am trying to negotiate a lease with a couple of dealers. I'm in the Mid-Atlantic region. Here is my current best deal, and I wanted to know what you thought about it and if I can make improvements.   This is for a 2007 RX350 Premium Package ( No Nav ) AWD   Lease is $400 / Month 36 Months 12,000 / year   Cash to bring in   $2,500 $325 for something, can't remember $400 for security deposit $400 for 1st month lease $1,300 for tax $600 for bank fee   what do you think and where can I make improvements?   Dave Replies to this message: sdani (Sep 10, 2006 5:07 am) Car_man (Sep 27, 2006 1:51 am)
#221 of 1570 Re: Lease Opportunity [prof_dave] by sdani Sep 10, 2006 (5:07 am)
Replying to: prof_dave (Sep 09, 2006 6:05 pm) Dave,   Do some reading about leasing. Also read this one: http://www.edmunds.com/advice/leasing/articles/48365/article.html   By paying 2500 down as captial cost reduction, you are not really going to gain much. You can try changing the classification of that 2500 to "Multiple Security Deposits" instead of Capital cost reduction and that should reduce total cost of your lease.   Paying all 1300 tax at the time of signing is also not a good idea. If you have that money to pay upfront, asks them to treat that also towards "Multiple Security Deposits".   Bottomline - Don't just look at your Monthly payment. The numbers that you should be looking at are the following:   1. MSRP of the truck. 2. Selling price that you negotiated with the dealer (read what others are paying on this forum). 3. Money Factor of the lease (with and without multiple security deposits, i.e. get both numbers from the dealer) 4. Residual value after 3 years. 5. Any other fees that dealer is asking at the time of signing.   Once you have these 5 numbers, post them here and someone can suggest you if you are getting a good deal or not.   Thanks
#222 of 1570 can anyone confirm money factor and residual for September ? by djdez Sep 19, 2006 (9:44 am)
Hello ...   I was told that on the '07 RX 350 AWD, that on a 36mo/12k year lease, the residual is 58% and the money factor was .00155 for the month of September. Now, Car_Man had posted it as being .00175 UP to the end of the summer event on September 4th ...   So, does anyone know what the CURRENT money factor would be, as of TODAY for the rest of September, and beyond ? I'm seeing .00175 and that's what one of the dealers told me, but I also have .00155 from another very trusted source.   Thanks in advance !!! Replies to this message: Car_man (Sep 27, 2006 1:53 am)
#224 of 1570 2007 RX 350 FWD SOCAL Lease Deal by xando05 Sep 23, 2006 (1:20 pm)
MSRP=44100 Selling Price= 38,564 Money factor= Salesman didn't know Residual= 24,267 Drive off cost= 1599(including bank fee/DMV fee/Title monthly fee= 544.77+42.22(tax)= 586.99   FICA Score=763   Is this a good deal? Replies to this message: Car_man (Sep 27, 2006 1:58 am)
#225 of 1570 Re: Leasing during "Golden Opportunity Sales Event" [Car_man] by markish Sep 23, 2006 (2:33 pm)
Replying to: Car_man (Sep 03, 2006 5:53 am) According to my calculations, if you were to lease a 2007 Lexus RX 350 AWD... with an MSRP of $43,033 and a selling price of $39,723 through Lexus Financial Services right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $513.   Car_man:   Hi, first time post. I had a question on your calculation because I first couldn't get the same number you came out with. But I figured it out. My calculation is as follows:   MSRP: $43,033 Price: $39,723 Residual: $25,389.47 (MSRP x 59%) MF: 0.00175   Depreciation = Price - Residual              = $39,723 - $25,389.47 = $14,333.53 Depreciation/month = $14,333.53 / 36 = $398.15   Rent = (Price + Residual) x MF      = ($39,723.00 + $25,389.47) x 0.00175      = $113.95   Monthly payment = Depreciation/month + Rent                 = $398.15 + $113.95                 = $512.10/month Replies to this message: Car_man (Sep 27, 2006 2:00 am)
#227 of 1570 Lexus RX350 Lease Questions by val3ntin3s Sep 25, 2006 (10:40 pm)
I currently have a 03' ES300 lease that will expire in April of next year and is currently thinking about leasing the ES350 or the RX350. My question is does anyone know what the base rates for following on the RX350 are?   Invoice of car (Is it $34,338?) Money Factor Bank Fee (aquisition fee) Return fee? Any training fees? MACO fees? residuals for 3 and 4 year lease?   Any help would be much appreciated. Thanks in Advance! Replies to this message: Car_man (Sep 27, 2006 2:04 am)

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