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Prices Paid: Buying & Leasing Experiences Lexus RX 350 / RX 400h Lease Questions
1031 messages, Last post on Nov 20, 2008 at 6:47 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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re: leasing rx350 $774/mo is ridiculous! I was just quoted $597/mo for 36 months. $0 down. Exact same MSRP. |
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Replying to: Car_man (Sep 10, 2007 2:28 am)
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Car_Man Need 2008 Rx400h AWD+FWD Residual and Money Factor on a 36 mo 12k Lease. Thanks
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I will be test driving the RX 350 this weekend in NJ. If I like the vehicle, I would be interested in leasing over 36 months. I would want AWD with Premium plus luxury package, navigation, 18" wheels. The MSRP is $45,706. The invoice is probably around $40k or so. What would be a good purchase price? I didn't know if there were any current dealer incentives which they are getting from Lexus corporate. I was reading about people getting below invoice, but there must have been incentives which the dealer was getting. Thanks so much, any help would be greatly appreciated.
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Does anyone know the October money factor and 3 yr depreciation for the RX 350? I am not sure if its worth waiting for the "December to Remeber" event. The interest rate might be better in December, offset by a slightly worse depreciation. In addition, I don't think there are any current dealer incentives, ie. holdbacks, etc. If there are any, I would greatly appreciate if you can let me know. Any suggestions would be greatly appreciated.
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Hey guys, newbie, so be nice. Buying a 2008 RX350 with Nav, Heated Seats, 7-spoke wheels, Premium Plus, Tow prep, Cargo mat, wheel locks, MSRP=$44,416. First dealer offer = $41,416 ($3000 off sticker). I know Invoice is $39,133. I am in Raleigh, NC, so only 1 dealer. Anyplace in nearby states, where I might be able to get a better deal? I see some of you getting close to Invoice. Thanks for any help. regards...chris
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Replying to: h2_hummer (Oct 09, 2007 12:35 pm) |
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Thanks everyone - I have learned so much from this website. I was just provided the below lease amounts for the RX 350 with prem plus, navigation, etc. When I calculate the lease, I am getting a monthly amount of $531.90. The dealer is showing $537.73. I am subtracting the Cap reduction from the negotiated price. Does that make sense? Here is your break down from the dealer: List ............... $45866 Residual......... 58% Money Factor.. .00195 Selling Price .. $41452 Cap Reduction. $1618 Bank fee ........ $600 Registration ... $320 Doc Fee........ $198.50 Credit Bureau. $18.50 NJ Tire Tax ....... 7.50 1st Payment .....$537.73 Total out of pocket 3300.23
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Car man, I have been offered a deal on a 2008 Rx 400h AWD stickered at $49950 for $44500. I am looking for a 24 or 36 month lease, 15k miles and a $2500 down payment. What kind of payment should expect? I have excellent credit.
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