Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Lexus RX 350 / RX 400h Lease Questions
948 messages, Last post on Aug 21, 2008 at 12:27 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
Replying to: nahreat (Mar 01, 2007 8:25 pm)
|
|
|
Replying to: nahreat (Feb 28, 2007 12:07 pm)
|
|
|
Replying to: lj233 (Mar 02, 2007 11:35 am) http://www.lexusofannapolis.com/ou/annapolis-lexus/?make=lexus |
|
|
Replying to: geekma (Mar 02, 2007 1:24 pm) |
|
|
I was told Lexus of Orlando was having great lease deals on leftover 2007 RX350s. I have never leased a car before but since leaving the dealer with these numbers I began doing some leasing research. I used a couple of different calculators including the one on this site and my numbers do not match the dealer. When the sales manager called back and I told him out numbers do not match, he said the internet calculators are inaccurate. Here are his numbers. Thanks MSRP-40,400 Price-38,500 Down payment-4300.00 36 months 1200 miles tax-6.5% Residual-54% Money Factor .00265 Monthly Payment---$596.00 less one month
|
|
|
Replying to: action80 (Mar 06, 2007 8:34 am) |
|
|
Replying to: action80 (Mar 06, 2007 8:34 am) MSRP 40,301 Price 34,525 36mo/12k, same residual and money factor $1000 down (incl 1st month), $550/mo I was told I was getting one of only two 07s left at the $40k MSRP. $38,500 is way too high for an 07. Lexus of Sarasota quoted me $37,200 for a 2008. |
|
|
Car_man or anyone else, This will be my first time leasing so I am very new to this process. I am looking to lease a 2007 Rx350 AWD with the following packages: FT,HH,NV,PT,TO,WL,C1. In other words, the options are 18" wheels, heated front seats w/ rain sensing wipers, navigation system, premium plus package, towing prep package, wheel locks, and cargo mat. For the above vehicle I was quoted an MSRP of $38,800 + $6191 for the options + $715 destination charge for a total MSRP of $45706. For a 2 year, 15,000 miles/year lease the dealer is quoting me a total cap price of $42,463 and a residual value of $26,966. My questions: 1) Does my total cap. price seem fair? 2) I have one month left on my lease of an Acura SUV. The dealer is offering to pay for the last month on my lease. How should I value this when I enter in numbers in the Edmunds lease calculator? In other words, where should I factor in this number? 2) What should the residual be for the above options on a 2yr 15k/yr lease? 3) What should the money factor be for someone who qualifies for tier 1 credit. What about tier2? I was told I am tier 2 but that they were able to get me into tier 1. 4) How do you (car_man) get the residual values and money factors that you cite? Should I be able to get exactly the money factor and residual values you cite? 5) Why does the money factor depend on the options my vehicle has? 6) On the edmunds lease calculator you have fields for "miles driven per year". Why does this matter if I enter an explicit residual value in the calculator? As I understand it the mileage I buy should only affect the residual value. I know I have asked a lot of questions, but I really appreciate your help!
|
|
|
Replying to: lineman2 (Feb 12, 2007 7:29 am) Car_man Host Prices Paid Forum |
|
|
Replying to: cidsparks (Feb 12, 2007 8:51 am) Car_man Host Prices Paid Forum |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Lexus RX 350 / RX 400h Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2006 Lexus RX 330
2009 Lexus RX 350
2008 Lexus RX 400h
Browse by Board
Browse by Topic
