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Lexus RX 350 / RX 400h Lease Questions

961 messages,  Last post on Sep 02, 2008 at 6:13 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Lexus RX 330, Lexus RX 350, Lexus RX 400h, Car Leasing, SUV


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#386 of 961
Re: 2007 Lexus RX 350 Lease [cpa3] by candy8608
Dec 21, 2006 (4:13 pm)
Reply

Replying to: cpa3 (Dec 21, 2006 3:20 pm)

I live in Miami, Florida. The dealership is in Pembroke Pines, Fl. I thought $3500 may be a bit too much. So you're saying my payment should be about $387 more or less w/tax?
#387 of 961
Re: 2007 Lexus RX 350 Lease [candy8608] by cpa3
Dec 21, 2006 (11:11 pm)
Reply

Replying to: candy8608 (Dec 21, 2006 4:13 pm)

I think you should be able to do better. I suggest you contact a few dealers in your area via phone or email. Outline to them what you are looking for on the car and what lease terms. Tell them exactly what options you want. Those cars only come in a couple configurations in each area. Make sure you tell each one the same thing. Then compare what they tell you. Now you should have some idea of what can be done in your area. It actually best if you read this board thoroughly. Somewhere on here is a link that tells all about leasing and how to calculate your payment. Dont walk on a lot and deal with a salesperson...Its a waste of time in my opinion, unless you like to haggle or just give in.
#388 of 961
Re: 2007 Lexus RX 350 Lease [cpa3] by candy8608
Dec 22, 2006 (7:01 am)
Reply

Replying to: cpa3 (Dec 21, 2006 11:11 pm)

Thank you so mch for your help. I called around to a few dealers and they pretty much had the same prices. I wanna see if i take away about $500-$1000 from the down payment and make it a 48 month lease maybe I'll be better off but that's assuming that with it being a 48 month lease the residual doesn't go down that much...
 
Thanks alot for your help!
#389 of 961
Re: 2007 Lexus RX 350 Lease [candy8608] by cpa3
Dec 22, 2006 (9:03 am)
Reply

Replying to: candy8608 (Dec 22, 2006 7:01 am)

Candy, if you go back several messages you can see my lease. I just leased on a 48 month lease. Yes the residual does go down (45%)however thats offset by the additional 12 months to pay off. In fact you should find your lease payment decrease by about $9 a month when you go to 48 months. Also thats a great way to go because the car is covered under warranty for 50K miles or 4 years...
Good luck...
#390 of 961
Re: 2007 Lexus RX 350 Lease [cpa3] by candy8608
Dec 22, 2006 (9:16 am)
Reply

Replying to: cpa3 (Dec 22, 2006 9:03 am)

Thanks. I saw your post on the deal you got. So you only paid $839 plus the acq fee and first month payment which roughly is about $2000 out of pocket?? And I'm being quoted $3500 (including incep.) for a cheaper model than yours for 36 months and 12K miles... Yea I seriously have to go re-negotiate my numbers!!!
#391 of 961
Re: 2007 Lexus RX 350 Lease [candy8608] by cpa3
Dec 22, 2006 (10:21 am)
Reply

Replying to: candy8608 (Dec 22, 2006 9:16 am)

No, I paid only $839 out of pocket which was my first months payment and the DMV fees. That was my total drive off I had to pay. The acq fee was added to my cap cost of $37000 plus $600. Also remember from what I have seen posted is that in Calif we seem to get better deals than some places in the country. I have three Lexus dealers within about 10 miles from my house. All have at least 50-75 of these cars sitting on their lots.
#392 of 961
Is this a good deal? by hockey81
Dec 22, 2006 (6:01 pm)
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Should I take this deal?
 
Lexus RX 350 AWD Premium package heated seats +
List $43,056
Purchase Price $38,700
36 month/36,000 mile lease 57% residual
money factor 0.00143
monthly payment $514
fees $750 bank fee, $600 security deposit, $200 doc, $165 registration
single payment opt would reduce money factor to 0.00053
#393 of 961
Re: Lease Help 07 RX 350 [snewtie] by snewtie
Dec 22, 2006 (7:38 pm)
Reply

Replying to: snewtie (Dec 18, 2006 9:58 pm)

Ok so I did the deal
07 RX FULLY Loaded
MSRP $47.9K
Sale Price $42K
12K Miles/Yr
36 Months
Money Factor .00133
Payment $561
Prestige on RT17 In NJ
Gap Insurance in the doc fees.
#394 of 961
Has Anyone Leased One in TX by bmreynolds
Dec 22, 2006 (8:18 pm)
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I am looking at one in DFW and was wondering what kind of deals people are getting... Thanks
#395 of 961
For a lease, is it better to negotiate Price First? by leadfoot11
Dec 23, 2006 (11:56 pm)
Reply
Thanks to all the posters for the valuable information. Armed with this, I'm about to go get a deal on an RX 350. Is it better to negotiate price first and then get into the lease details? I'm aware that the Cap Cost will be determined by the price agreed on. Thanks

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