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Lexus RX 350 / RX 400h Lease Questions

937 messages,  Last post on Jul 06, 2008 at 8:06 PM

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

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#768 of 937 NEW LEX 08 RX 350 by cindystar Nov 27, 2007 (8:15 pm)
HI I AM A YOUNG LADY IN NY AND I WANT TO GET A GREAT DEAL ,PLEASE LET ME KNOW WHAT IS THE BEST FOLLOWING: RESIDUAL? TOTAL MONEY DOWN? MONEY FACTOR? TOTAL MONTHLY PAYMENT? TOTAL END BUYOUT?  FOR 36 OR 27 MONTHS WITH 10-12000 MILES PER YR ETC IF YOU HAVE A REFERRAL OR GREAT DEAL FTOM SOMEONE PLEASE LET ME KNOW FOR THE NEW LEXUS RX 350 FULLY FULLY LOADED WITH NAVI
#769 of 937 Re: Car Man - Something's Wrong! [njdriver1] by Car_man HOST Nov 28, 2007 (3:56 am)
Replying to: njdriver1 (Oct 15, 2007 1:59 pm) You're very welcome, njdriver1.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#770 of 937 Re: 2008 RX350 24month [wantabentley] by Car_man HOST Nov 28, 2007 (4:20 am)
Replying to: wantabentley (Oct 19, 2007 3:14 pm) Hi wantabentley. Lexus' new December to Remember buy rate lease money factor and residual value for a 24 month lease of a 2008 RX 350 AWD without the entertainment system with 12,000 miles per year are .00155 and 62%, respectively for consumers who qualify for its Tier 1+ credit tier. I'm not sure if LFS offers leases with only 10,000 miles per year, but if it does the residual value for that would probably be 1% higher.   You should be able to get a good idea of how much you should pay for the RX 350 that you want by checking out the "Lexus RX 350 Prices Paid and Buying Experience" discussion. If I was in the market for this truck right now and I was in an area that had a good level of competition, I personally would shoot for a selling price of around $500 over invoice.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#771 of 937 Re: Good Lease Terms on a 2008 RX 350? [jmgoldsmith] by Car_man HOST Nov 28, 2007 (4:56 am)
Replying to: jmgoldsmith (Oct 28, 2007 3:03 pm) Greetings jmgoldsmith. The RX that you are interested in probably has a spread of around $5,000 between its full MSRP and its dealer invoice price. The $4,000 discount that you were quoted probably puts you at around $1,000 over invoice, which is a pretty good deal. You can compare this offer to the prices that other community members have recently paid for similar vehicles by visiting the "Lexus RX 350 Prices Paid and Buying Experience" discussion.   As far as this vehicle's lease program goes, Lexus recently introduced its December to Remember sales event. Lexus Financial Services' new 48 month, 15,000 mile per year buy rate lease money factor and residual value for a 48 month lease of a 2008 RX 350 AWD without the entertainment system with 15,000 miles per year are .00155 and 44%, respectively for consumers who qualify for its Tier 1+ credit tier. If you haven't leased yet, make sure that the dealer you are working with uses this money factor to calculate your monthly payment.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#772 of 937 Re: 2008 RX330 [jim53] by jim53 Nov 28, 2007 (6:46 am)
Replying to: jim53 (Nov 12, 2007 8:14 am) Car_man, in my post above I meant to say 2008 RX350
#773 of 937 1 - pay lease by nilay1 Nov 28, 2007 (9:33 am)
Hello Does anyone know the money factor and cap cost reduction on the 1-pay lease - for RX350 - w/premium plus package - I was being offered one with .00095 MF and 54% residual - for a 12K/36 mon lease Thanks in advance.
#774 of 937 '08 RX 350 lease in NY/NJ by rostikb Nov 28, 2007 (8:12 pm)
hi everyone. i'm looking for the '08 RX 350 to lease for 36 months, 12K, premium plus with Navi, heated seats, rain-sensing wipers, mats, wheel lock, roof rack w/ cross bars, nothing down, tier 1 credit, $1400 at signing (first month, $600 bank fee, $215 paperwork & plates) for $585/month with tax included. how does that sound? should i try bargaining more and to what level?   by the way, does the premium plus w/navi also have back-up camera?   Thanks!!!!
#775 of 937 Re: 08 RX 350 Lease & Trade - MN [jmjones99] by Car_man HOST Nov 29, 2007 (3:23 am)
Replying to: jmjones99 (Oct 30, 2007 9:04 pm) Hi Jim. Are you sure that the RX 350 that you are interested in has the Performance Package? I thought that was a $4,000 option. If one adds four grand to the $39,565 base MSRP of the '08 RX 350 AWD it comes to a lot more than $41,796. Hmmm. Anyhow, the '08 RX 350 AWD has a spread of at least $4,500 between its full MSRP and its dealer invoice price. You were quoted a discount of around $3,000. This isn't a bad offer. If you were in an area that has a high level of competition, like New York or California I would say that you can do better but I doubt that there is nearly as much competition in Minnesota so this may just be the going rate for this truck in your area.   As far as the money factor goes, Lexus just enhanced its lease program on the RX 350 as part of its annual December to Remember sales event. Its buy rate for it is now .00155 for consumers who qualify for its Tier 1+ credit tier. This is obviously a lot lower than the .00245 that you were quoted. Make sure that the dealer you are working with uses the new buy rate to calculate your monthly payment,   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#776 of 937 Re: Lexus Rx 350 / Rx 400h Lease rates? - Nov 2007 [avgjoe1] by Car_man HOST Nov 29, 2007 (3:47 am)
Replying to: avgjoe1 (Nov 04, 2007 6:45 pm) Greetings avgjoe1. Lexus did enhance its lease program on these trucks. Last week it rolled out its annual December to Remember sales event. Lexus Financial Services' new buy rate lease money factors are .00155 for the '08 RX 350 and .00215 for the '08 RX 400h for consumers who qualify for its Tier 1+ credit tier.   If you are in an area that has a high level of competition, I suspect that you should easily be able to do $500 to $1,000 over the dealer invoice prices that are listed here at Edmunds.com on these trucks. In areas that have less competition, you may have to pay a little more than that. Make sure to stop by the "Lexus RX 350 Prices Paid and Buying Experience" and "Lexus RX 400h Prices Paid and Buying Experience" discussions to see how much other community members have paid for these trucks lately.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#777 of 937 Re: RX400h lease questions [newbie23] by Car_man HOST Nov 29, 2007 (4:00 am)
Replying to: newbie23 (Nov 11, 2007 7:04 pm) Hi newbie23. This is absolutely a good time to lease an RX 350. In fact, it is probably the best time to lease one. December is usually a pretty time to purchase or lease a new vehicle as dealers are often motivated to blow vehicles out to make their annual numbers look better. On top of this, Lexus runs its biggest sales event of the year during December. Lexus Financial Services' new buy rate lease money factor for the 2008 RX 350 is .00155. It's .00215 for the '08 RX 400h.   As far as how much you should pay for these trucks goes, if you are in an area that has a high level of competition, I suspect that you should easily be able to do $500 to $1,000 over the dealer invoice prices that are listed here at Edmunds.com on these trucks. In areas that have less competition, you may have to pay a little more than that. Make sure to stop by the "Lexus RX 350 Prices Paid and Buying Experience" and "Lexus RX 400h Prices Paid and Buying Experience" discussions to see how much other community members have paid for these trucks lately.   I haven't crunched the numbers, but I suspect that a 48 month lease of either of these models would have a lower monthly payment than a 36 month lease would.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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