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Lexus RX 350 / RX 450h Lease Questions

1575 messages,  Last post on Nov 30, 2009 at 8:27 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#246 of 1575
Re: Is this a good deal ? [mxv2003] by Car_man HOST
Oct 18, 2006 (1:46 am)
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Replying to: mxv2003 (Oct 02, 2006 9:27 am)

Congratulations on your new truck, mxv2003. You got an outstanding deal. Enjoy!
 
Car_man
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Prices Paid Forum
#247 of 1575
Re: What's wrong with this picture? [jack1963] by Car_man HOST
Oct 18, 2006 (1:55 am)
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Replying to: jack1963 (Oct 05, 2006 4:57 pm)

Hi jack1963. The truck that you described has a spread of around $5,000 between its MSRP and dealer invoice price. You were quoted a discount of around $2,200 on it. I have seen other community members get better prices than this. Try stopping by the following discussion to see how much others have paid for similar trucks: "Lexus RX 330 / RX 350: Prices Paid & Buying Experience". When you arrive at an attractive selling price, make sure to have the dealer that you are working with calculate your vehicle's monthly payment using its buy rate lease money factor. Lexus Financial Services' current special buy rate for a 36 month lease of a 2007 RX 350 is .00163 for consumers who qualify for its Tier 1+ credit tier.
 
Car_man
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Prices Paid Forum
#248 of 1575
Re: Lexus RX350 [dannyly] by Car_man HOST
Oct 18, 2006 (1:57 am)
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Replying to: dannyly (Oct 17, 2006 5:08 pm)

Hi Danny. Lexus Financial Services charges an acquisition fee of $600 on every vehicle that it leases. Individual dealers do not have the authority to waive this fee. You can either pay it at lease signing or have it rolled into your truck's capitalized cost.
 
Car_man
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Prices Paid Forum
#249 of 1575
Is This Correct? by sender1
Oct 25, 2006 (1:15 pm)
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Hi, I negotiated a price on a 2007 RX350 with NAV etc for $40250. MSRP is $45705. I then had the salesman figure out the lease cost based on 36 months, 12,000 miles, no $ down (aside from taxes, 1st month, motor vehicle fees etc). He based this on a factor of .00163 and 57% residual. The number he came up with was $551.18 a month. I tried myself with the numbers a few times and I got $503. Any help would be appreciated as I am ready to make this deal. Thanks so much
#250 of 1575
2007 RX 370 Lease Question by genelec
Oct 31, 2006 (3:58 pm)
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Armed with advice from this useful forum, I made a deal in the Los Angeles area for a RX 350, FWD, Prem. Plus, and Nav.
Car price was $37,785, and the lease was 36 months/12k, 58% resid., and money factor
of .00163 (I qualify). All was agreed to very clearly, in writing, via email. When I went
to buy the car this morning they refused to honor the lease deal--56% and .00197.
They said I had to prove that I could get that deal from another dealer, which was
never a condition of the deal. So I walked, and they let me go.
 
Any advice on how to proceed? What are the ethics in a situation like this.
#253 of 1575
Re: Should I hold out and wait? [] by maximafan
Nov 05, 2006 (9:28 pm)
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wactedout, have you checked with some other
Lexus dealers nearby? I'm not too sure if this is a good deal, but then again I don't know what options you have on the car. At least try to get a comparison quote of some kind from another dealer just for a little more peace of mind. Good luck!!!
#254 of 1575
New Lease Program by darballman1
Nov 06, 2006 (2:53 pm)
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Replying to: maximafan (Nov 05, 2006 9:28 pm)

I just received a e mail alert from my sales person at Newport Lexus stating that Lexus has just come out with a special lease program on the RX350. I haven't called him yet. Anyone know about this new lease program ?
#255 of 1575
Re: December Lease Deals on RX350 [Car_man] by brg
Nov 07, 2006 (7:36 am)
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Replying to: Car_man (Nov 13, 2005 7:04 am)

From: "Guhl"
To:
Subject: Lease, NJ, 2007 Lexus 350 AWD
Date: Tuesday, November 07, 2006 10:15 AM
 
My Highlander lease is up end of December........have decided on the Lexus 350 to lease from Livingston, NJ Lexus dealer. Offering: $2500 down/$449.00 per month........I plan to ask for bump up to 15,000 per year.......no navigation but premium package/Level 2?........may get heated front seats.
Q: Is this about the best range for December leasing deals?
Q: Will be away close to 25th. of December so......planning on turning Highlander in early and getting Lexus so that I am not without a car after 1st. Jan. Is there a good way to handle this switch over?
Thanks for any advice.
Cheers,
BRG

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