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Lexus RX 350 / RX 450h Lease Questions

2694 messages,  Last post on Jun 18, 2013 at 3:44 PM

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

Messages Page 249 of 270

#2475 of 2694 Re: 2013 RX350 Sport lease question [jmors] by jim550

Nov 25, 2012 (10:06 pm)

Replying to: jmors (Nov 19, 2012 1:53 pm)
Trying to lease a Lexus Rx 350 in S Florida.
Working with different dealerships, quote from one of them is as follows:
MSRP: 49439 ( fully loaded)
Selling price: 44319
12 K miles, 36 months
Downpayment: 2000 ( includes first month payment, tax and tag)
MOney factor: 0.00100
Residual: 60%
Monthly payment of : 480
 
Somehow everyones posted prices seem high, I had to post the best I've had so far.
 
P.S: this was not RX350 sport.

#2476 of 2694 Great Deal on 2013 RX 350 by 4tune

Nov 26, 2012 (3:30 pm)

Hi guys, please tell me if this is a great?
2013 RX 350 fully loaded (NAV, comfort pkg, intuitive park assist, premium pkg, remote engine start, wheel locks)
 
MSRP 49975
Net Cap Cost 44400
Residual 69% for 27 month lease 10k miles/yr
payment 489/month including taxes
$1325 due signing

#2477 of 2694 Lexus RX350 AWD lease by roxanne1010

Nov 26, 2012 (4:44 pm)

Hello Car_man,
I wanted to know if the residual and money factor are better this month on a 27 month lease than on a 36 month lease for 10K miles/ year?
And if you lease for 27 months can you extend it to 36 months? Will Lexus let you make the same monthly payments?
Just let me know what these numbers are so I can start contacting my local dealer, as I like to have the numbers on hand before even starting the negotiations.
And again, any kind of incentives along with the Winter to remember? Loyalty rebate of $1000 still valid right?

#2478 of 2694 Re: Great Deal on 2013 RX 350 [4tune] by roxanne1010

Nov 26, 2012 (4:54 pm)

Replying to: 4tune (Nov 26, 2012 3:30 pm)
Hi 4tune,
I don't know much about the RX leases yet, but this deal seems incredible. Is that on an RX350 AWD?
The residual value is particularly good. Is that what the official Winter to remember residual value for 27 months or did you negotiate it? What money factor was used?
I'm looking at a very similar car, just want the comfort package instead of remote start and waiting for someone to post the numbers for the Winter to remember event for both 36 and 27 month. If the 27 month is better i will go with that.
For what I have read here, you got a good deal
What region did you get this deal?

#2479 of 2694 Re: Great Deal on 2013 RX 350 [4tune] by jim550

Nov 26, 2012 (6:35 pm)

Replying to: 4tune (Nov 26, 2012 3:30 pm)
Based on numbers in your post...
Net cap ( 44400) - residual 69% ( 34482.75)= 9918
9918/ 27 monthly payments= 367.33
Total interest= 238 ( with money factor at 0.00100 and credit tier one)
Interest per month for 27 month lease= 9
Tax at 6% ( depends on ur state)= 27 approximately
367+27+9= 403 per month.
 
Though paying less in down payment, almost 85 more month is 2295 more in 27 months.
 
I may be totally wrong here..

#2480 of 2694 Re: lease offer [minirad] by Car_man HOST

Nov 27, 2012 (4:50 pm)

Replying to: minirad (Nov 11, 2012 9:54 am)
You're very welcome minirad. Thank you for the kind words. You should be able to roll most of the up-front charges into your vehicle's capitalized cost.
 
If the adjustment is the same as the last time that I looked into it, each additional security deposit would lower this vehicle's monthly payment by around $8 or so.
 
Since we last spoke, Lexus began waiving the first month's payment on leases of this vehicle, so you don't have to worry about that any more.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2481 of 2694 Re: lease offer [lexus350rx] by Car_man HOST

Nov 27, 2012 (4:51 pm)

Replying to: lexus350rx (Nov 12, 2012 7:32 pm)
Hi lexus350rx. Lexus Financial Services' November buy rate lease money factor and residual value for a 36-month lease of a 2013 RX 350 AWD with 10,000 miles per year are .00100 and 61% for consumers who qualify for its top credit tier.
 
Just a heads up that Lexus is now waiving the first month's payment on leases of this model.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2482 of 2694 Re: Considering leasing an RX350 AWD [roxanne1010] by Car_man HOST

Nov 27, 2012 (4:54 pm)

Replying to: roxanne1010 (Nov 16, 2012 4:50 pm)
Hello roxanne1010. Lexus Financial Services' December to Remember buy rate lease money factor and residual value for a 36-month lease of a 2013 RX 350 AWD with 12,000 miles per year are .00100 and 60% for consumers who qualify for its top credit tier.
 
The only cash incentive that I am aware of on the 2013 model is the waiver of the first month's lease payment.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2483 of 2694 Re: 2013 RX350 Sport lease question [jmors] by Car_man HOST

Nov 27, 2012 (4:58 pm)

Replying to: jmors (Nov 19, 2012 1:53 pm)
Hi jmors. LFS' current buy rate lease money factor and residual value for a 36-month lease of a 2013 RX 350 F-Sport with 10,000 miles per year are .00100 and 58% for consumers who qualify for its top credit tier.
 
If I was in the market for this truck right now in an area that has a decent level of competition, I personally would shoot for a selling price of around $500 to $1,000 over invoice. Don't forget that Lexus is waiving the first month's payment right now as well. You can look up this vehicle's invoice price over in the New Vehicle Pricing section of Edmunds.com.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2484 of 2694 Re: RX450 lease [salineg] by Car_man HOST

Nov 27, 2012 (5:02 pm)

Replying to: salineg (Nov 24, 2012 2:41 pm)
Here's the information that you're looking for salineg. Lexus Financial Services' December to Remember buy rate lease money factor and residual value for a 36-month lease of a 2013 RX 450h AWD with 15,000 miles per year are .00100 and 56% for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical 48-month lease are .00100 and 45%.
 
If you were to lease with only 12,000 miles per year, this vehicle's residual values would be 2% higher.
 
There is indeed a $1,000 owner loyalty incentive on leases of this truck right now. There is a waiver of the first month's payment on top of that.
 
I don't think that you can purchase additional miles at lease signing on a 12,000 mile per year lease, only one with 15k.
 
I'd say that the selling price that you mentioned seems reasonable to me if you're in an area that has a decent level of competition.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 249 of 270

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