Last post on Nov 23, 2013 at 5:27 AM
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Lexus RX 450h, Lexus RX 350, Car Leasing, SUV
#786 of 2763 Re: November Update - RX350 [Car_man]
Dec 04, 2007 (6:04 pm)
Thanks again for your help. Wow, it's hard to roll back into another RX. I'm just coming to the end of a 36 month lease on an RX330 and the residual was 59% on that car... I think I'll look at the X3 as residuals appear to be around 65%! I'd appreciate any update on the X3 mf/residual over on that car's board.
You're very welcome, Ken. I'm glad that I have been able to help you out in the past. Let's see what we can do for you on your next lease. Lexus Financial Services' new December to Remember buy rate lease money factor and residual value for a 36 month lease of a 2008 Lexus RX 350 AWD without the entertainment system with 15,000 miles per year are .00155 and 54%, respectively for consumers who qualify for its Tier 1+ credit tier. Navigation does not have any impact upon this vehicle's residual values, but the entertainment system does. The residuals for models that have the entertainment system are 2% lower than vehicles that do not have it.
Prices Paid: Buying & Leasing Experiences Forum
#787 of 2763 RX 350 w/Nav Lease Deal in NY
Dec 05, 2007 (1:19 pm)
Just wanted to share the deal I got on 12/3/2007 on Lexus RX 350 w/Nav Black on Black:
$1500 Out of Pocket - $561 first payment + bank fee + NY DMV fees
Monthly Payment - $561
I think it's a pretty good deal considering I've called about 25 dealers before landing this deal.
#788 of 2763 Re: RX 350 w/Nav Lease Deal in NY [rimini]
Dec 05, 2007 (1:26 pm)
Hi Gene. Can you tell me where did you get that deal? I was able to find $585 on the 12K lease for the Premium + with NAV.
Please let me know.
#789 of 2763 2008 rx350 AWD premium plus
Dec 06, 2007 (11:02 am)
end of november traded in my old rx for a newbie
$2,000 out of pocket (inc 1st month,bank fees,taxes,cap cost reduction)
monthly = $450
#790 of 2763 Re: RX 350 w/Nav Lease Deal in NY [rostikb]
Dec 06, 2007 (2:49 pm)
I got it from Lexus of Edison, NJ
There is a guy in sales named Viraaj - tell him you are from Mark Yuzovitskiy who leased RX 350 from him this past Monday.
Please, let me know how it goes:)
#791 of 2763 Re: 2008 rx350 AWD premium plus [faulk]
Dec 07, 2007 (11:26 am)
Faulk, can you please provide us more details like what is the msrp and what is the residual and money factor. When you trade in your old RX did you put that as down payment? Is the 450 includes tax? Thanks.
#792 of 2763 Re: 2008 rx350 AWD premium plus [akhi2006]
Dec 07, 2007 (1:39 pm)
I was just quoted the following from my local Lexus dealer
Lexus RX 350 AWD
$599/mo with $1500 total out of pocket.
3 years & 36k.
money factor .001550 tier 1 credit
MSRP $45700 on the premium + navigation/DVD with heated seats and 7 spoke liquid graphite rims.
is this a good deal?
#793 of 2763 Re: RX 350 w/Nav Lease Deal in NY [rimini]
Dec 07, 2007 (1:51 pm)
I dont believe that your dealer has included the sales tax,
An RX 350 with navigation and based on your figure of 1500 down, the best you'd be looking at is roughly 600/mo. give or take a few dollars.
at 561.00 per month and 1500 down they would be below cost on that vehicle and losing money on the deal. not possible.
#794 of 2763 Re: 2008 rx350 AWD premium plus [akhi2006]
Dec 07, 2007 (2:39 pm)
$450/mth includes the tax....
msrp was ~$43,100
residual is $24,100 not sure about money factor.....
got credit towards the cap because my old leased rx was in good condition.
#795 of 2763 RX 350 Lease in So Cal
Dec 07, 2007 (9:59 pm)
I posted a longer version of my experience on the "prices paid". But this is in response to the patsfan2/gene $561 discussion.
I leased FWD, nav, prem +, tow prep, mats, wheel locks, heat w/rs, 5 spoke alloy (MSRP 44371). My cap cost was 39,900 (including the 600 acq fee). According to AAA's website it's $193 over invoice.
I wrote a check for 937.71 for 1st mo + title/reg/fees + doc fee + tire tax at the dealer's. (With the fairly low money factor, .00155, I didn't see the need to put more down)
I have 36 mo/36,000 mi and my payments are 561.25 (which includes los angeles county tax)