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Lexus RX 350 / RX 450h Lease Questions

1578 messages,  Last post on Dec 01, 2009 at 4:58 PM

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

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#222 of 1578 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 1578 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 1578 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 1578 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)
#228 of 1578 Re: How To Find Money Factor and Residual % [element3] by Car_man HOST Sep 27, 2006 (1:43 am)
Replying to: element3 (Sep 04, 2006 3:25 pm) HI element3. The two main numbers that you should focus on when negotiating a lease on this truck are its selling price and its money factor. These are the two main profit centers for dealers on leased vehicles. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Negotiate a low a selling price as possible on the truck that you want and then have the dealer that you are working with calculate its monthly payment using Lexus Financial Services' buy rate lease money factor. It is important to insist that they use the buy rate because dealers are allowed to "mark-up" vehicles money factors to add additional back-end profit to deals. I believe that LFS' current buy rate for a 36 month lease of a 2006 RX 400h is .00190 for consumers who qualify for its "Tier 1+" credit tier.   Car_man Host Prices Paid Forum
#229 of 1578 Re: Lease Opportunity [prof_dave] by Car_man HOST Sep 27, 2006 (1:51 am)
Replying to: prof_dave (Sep 09, 2006 6:05 pm) Greetings prof_dave. You never mentioned the selling price or MSRP of the RX 400h that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what these numbers are.   Car_man Host Prices Paid Forum
#230 of 1578 Re: can anyone confirm money factor and residual for September ? [djdez] by Car_man HOST Sep 27, 2006 (1:53 am)
Replying to: djdez (Sep 19, 2006 9:44 am) Hey djdez. According to the latest information that I have see, Lexus Financial Services' current buy rate lease money factor for the 2007 RX 350 AWD is .00175. Where did you hear that it is lower than that?   Car_man Host Prices Paid Forum
#231 of 1578 Re: 2007 RX 350 FWD SOCAL Lease Deal [xando05] by Car_man HOST Sep 27, 2006 (1:58 am)
Replying to: xando05 (Sep 23, 2006 1:20 pm) Hi xando05. If I am not mistaken, the selling price that you were quoted for this truck appears to be below dealer invoice. That is a very good deal. Just make sure that the dealer you are working with uses the '07 RX 350's buy rate lease money factor of .00175 to calculate your vehicle's monthly payment and you're in business.   Car_man Host Prices Paid Forum

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