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Lexus RX 350 / RX 400h Lease Questions

1529 messages, Last post on Nov 04, 2009 at 8:25 AM
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Replying to: dannyly (Oct 17, 2006 5:08 pm) Car_man Host Prices Paid Forum |
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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
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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. |
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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!!!
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Replying to: maximafan (Nov 05, 2006 9:28 pm)
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Replying to: Car_man (Nov 13, 2005 7:04 am) 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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Looking to lease, but know Lexus always runs a holiday program...Anyone Know details? Will savings be significant bases on previous years programs? Does it usually start around Thanksgiving? Thanks
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Replying to: jakpenn (Nov 09, 2006 9:07 am) |
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