Last post on Dec 07, 2013 at 10:06 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Lexus RX 450h, Lexus RX 350, Car Leasing, SUV
#2573 of 2764 2013 RX 350 FWD lease
Feb 19, 2013 (9:52 pm)
I just picked up a new 2013 RX 350 on a 36 month/15k lease in Southern California. Here are the numbers:
negotiated price- 44400
loyalty incentive- $1000
total sell price- $43400
$0 drive off, first month payment waived
payment- $589 a month for 35 months
Feb 19, 2013 (9:59 pm)
What is considered a good as base cap cost for a RX 350 where MSRP = 50,160. I have a dealer
who is stuck at 46,900 (doesn't include any down payment)
Is this considered a good deal? Can we go down further...
Lease for 36 months , 10K miles, MF = 0.001.
Any help appreciated.
Feb 20, 2013 (10:50 am)
Here's what I have been offered in NC. Seems ridiculously high compared to others I am seeing on this board. $5,500 due at signing. Wow! Any advice would be appreciated.
$47,265 Selling price
15,000 miles per year
$5,500 due at signing
$550 per month
#2576 of 2764 Re: Help!?! [smith83]
Feb 20, 2013 (11:59 am)
Selling price should be more towards 46000
#2577 of 2764 Re: 2013 RX 350 FWD lease [athena171]
Feb 20, 2013 (12:00 pm)
it is a good deal. please share the dealer name. thanks.
#2579 of 2764 Re: Winter RX 350 Deals [albert72]
Feb 21, 2013 (1:05 pm)
Thanks albert72. I checked the site and yes the 4 mos payment waiver is there in larger than fine print Then there is another page at the same dealer with similar offer on the RX350 as follows:
Auto, V6, moonroof, leather, wood steering whl, cd changer. MSRP: $46,950. $2,650 down payment. $0 Security Deposit. Lease based on 27 mos with a $31,926 purchase option avail at lease end. $3,779 due at signing. Vin#DC092149. Plus tax & tags
in this offer there is no mention of the 4 mos waiver and the RV appears to be 68%. What is confusing is the 2660 DP vs the 3779 due at signing plus fees... diff of 1119
Feb 21, 2013 (2:32 pm)
Car Man .... can you give me the current RV/MF for 2013 RX350 AWD (MSRP 46950)
27 mos/10k mi
36 mos/10k mi
#2581 of 2764 Just got an 2013 RX 350
Feb 23, 2013 (5:06 pm)
The wife and I just switched our 2010 RX 350 for the 2013 model. We use the "loyalty incentive" they were offering, where Lexus Financial Services will waive up to 4 months of payments of your lease towards a new Lexus vehicle.
So, they waived our two remaining payments and we turned in our 2010 RX, and this is what we got:
2013 RX 350, MSRP of $51,189 - includes premium, comfort and Nav packages, 19-inch rims, parking assist, cross bars. A few more bells and whistles than our 2010 RX.
Lease terms: 36 months, 12,000 Miles/year
Money factor: 0.001 (equivalent to an interest rate of 2.4%)
Residual: 59% of MSRP ($30,201.51)
Down payment: $0
Drive off: 1st month's payment
Monthly payment: $565
This deal was consummated at a dealer in the San Francisco Bay Area.
Keep in mind that the money factor is not fixed! Just because they quoted you a number, does not mean that it's the lowest they can go. My first quote, the MF was 1% above what I ended up with. Always ask about their "buy rate", that should be the lowest they can go. Shoot for this number!
#2582 of 2764 Re: Just got an 2013 RX 350 [franky_j]
Feb 24, 2013 (7:48 am)
Franky... do you happen to know what the "Capitalized Cost" was in the monthly lease calculation ? I ran your numbers through 2 different calculation programs and both produced a montly lease of $509 using the selling price of 45808 ( assumed 1000 rebate was in the 45808) as well as other numbers you provided. Perhaps fees and taxes were added to the selling price giving a higher cap cost?