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Lexus RX 350 / RX 450h Lease Questions

1582 messages,  Last post on Dec 03, 2009 at 11:27 AM

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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#262 of 1582
Re: December Lease Deals on RX350 [brg] by Car_man HOST
Nov 11, 2006 (4:26 am)
Reply

Replying to: brg (Nov 07, 2006 7:36 am)

Hi brg. This truck's lease program will depend upon its MSRP and the selling price that you are able to negotiate. I would be happy to give you my opinion of the deal that you were quoted if you let me know what these numbers are.
 
As long as you have made your final payment on your Highlander lease, there's nothing wrong with turning it in slightly early.
 
Car_man
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Prices Paid Forum
#263 of 1582
Re: December to Remember [jakpenn] by Car_man HOST
Nov 11, 2006 (4:28 am)
Reply

Replying to: jakpenn (Nov 09, 2006 9:07 am)

Hi jakpenn. It is difficult to say exactly what Lexus' "December to Remember" lease program for this truck will be like. If I had to make an educated guess, I would say that it is likely to be more attractive than Lexus current program for the RX, but there is no guarantee that will be the case. I believe that this program will start around November 22nd.
 
Car_man
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Prices Paid Forum
#264 of 1582
December to Remember by moolman
Nov 17, 2006 (1:14 pm)
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I've had 2 separate dealers tell me the december to remember sale started early, is this true or BS.
#265 of 1582
December to Remember by moolman
Nov 18, 2006 (5:05 pm)
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Hi,
  I'm being told the Teir 1+ money factor is 0.00133 but I'm being told a weird residual. 54% for 15K, not 56%. Maybe they are trying to make some extra cash off me.
 
Also, is it true that if I want 18K a year, that there is no residual for that. I'm being told I must either prepay the extra 3K at 15cents or pay if I go over 20 cents a mile when I turn in the car.
 
Well, supposedly this is the december to remember special. It seems to be lower than anybody else posted so far, so it seems to be legit.
 
I'm in Southern California and I'm getting crazy prices way below invoice without haggling. Is there some special incentives going on right now for the car?
 
Thanks
#266 of 1582
December to Remember & 9 MSDs by redhat381
Nov 18, 2006 (10:42 pm)
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I appreciate all the info I gathered from this site. Time to contribute back.
 
I leased a 07 RX350 FWD with Navigation today.
 
36 month lease with 12k per year.
 
$431.43 per month with 9 MSDs and no cap reduction...
 
MSRP: $44,160
Sales price: $37,500
Acquisition fee: $600
Registration, license: $308
Document prep: $48.71
Other fees: $36.75
 
Lease info:
Gross Capitalized Cost $38,100 (sales price + acquisition)
Current Money Factor for 36months 12K: .00133
Discount for putting down 9 refundable security deposits: .0009
Final Money Factor: .00043
Residual = 56%
Total monthly payment with 8.25% tax = $431.43
 
Multiple Security Deposit Info:
1 MSD = $450 (monthly pmt round up to next $25)
9 MSD = $4,050
Total Due at signing:
MSD = $4,050
first month pmt = $431.43
Fees = $393
Total Due at signing = $4,878 (I'll get $4,050 back.)
 
Hope this can help others.
#267 of 1582
Re: December to Remember [moolman] by darballman1
Nov 20, 2006 (8:59 am)
Reply

Replying to: moolman (Nov 18, 2006 5:05 pm)

Here is the lease quote I received yesterday (Sunday) from Longo Lexus in Southern California:
 
2007 AWD RX 350
 
MSRP: $ 43.055
 
Capitalized Cost: $ 37,200.
 
Drive Off: $ 850.
 
36 months/12K miles
 
$ 451. + tax =
 
Total Payment: $ 486. 55
 
Note bad of a deal. Seems to be a glut of RX 350 here in Southern Ca. Went on Crown Lexus's lot on Sunday (John Elway's dealership), and they must have had over 75 RXs.
#268 of 1582
Texas Lease deal by jakpenn
Nov 21, 2006 (8:20 am)
Reply
Here is a deal quoted on rx 350 12k 36 mo lease in Dallas:
Msrp $40,680
Cap Cost: $37,465
Money factor:.00215 marked up from .00133 even though beacon score is 780
Residual 56%
 
Why are they not offering me top tier financing...they seem to be making plenty on the car
#269 of 1582
got my RX350 by qianc_01
Nov 21, 2006 (10:39 pm)
Reply
After hassles with other dealers in Los Angeles, Finally
got a RX350 from lexus of oxnard without any trouble. MSRP:41500, Cap cost:35660+600(acquisation). Put down
$3825 for refundable desposit to lower the money factor
to 0.00037(0.9% APR). Residual is 56% for 3 years/12K. The drive off cost is
$400(DMV)+$406(first payment)+$3825(Multiple Security Deposit). Monthly payment is $375+$30(tax). If you live
in southern CA, you can call their internet department.
#270 of 1582
Re: got my RX350 [qianc_01] by moolman
Nov 22, 2006 (9:47 am)
Reply

Replying to: qianc_01 (Nov 21, 2006 10:39 pm)

you got a final money factor of 0.00037 after 9 MSDs. Does that mean you got a money factor of 0.00127, is this correct. I'm getting the lowest as 0.00133, so just checking to see if it got lower.
#271 of 1582
Re: got my RX350 [moolman] by qianc_01
Nov 22, 2006 (11:35 am)
Reply

Replying to: moolman (Nov 22, 2006 9:47 am)

No, original is 0.00133. After MSD, it goes to 0.00037. That
dealer seems to be eager to sell their cars.

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