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Prices Paid: Buying & Leasing Experiences 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
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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 |
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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.
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Replying to: moolman (Nov 18, 2006 5:05 pm) 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. |
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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 |
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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.
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Replying to: qianc_01 (Nov 21, 2006 10:39 pm)
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Replying to: moolman (Nov 22, 2006 9:47 am) dealer seems to be eager to sell their cars.
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Replying to: qianc_01 (Nov 22, 2006 11:35 am)
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Replying to: moolman (Nov 22, 2006 12:36 pm) calculator shows $415(including 8.25% tax) monthly payment. Since they offered me $407, I didn't bother to ask why. Before doing MSD, they said I have to pay $477 and they were using 0.00133 at that time. |
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Hi, Does anybody know if the mileage penalty is negotiable or not. So far I'm being told that if I prepay the penalty it's 15 cents a mile, 20 cents a mile if I pay afterwards. Is this a lexus financial figure or is it negotiable. Thanks |
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