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Lexus RX 350 / RX 450h Lease Questions

1593 messages,  Last post on Dec 08, 2009 at 6:21 PM

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

What is this discussion about? Lexus RX 450h, Lexus RX 350, Car Leasing, SUV


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#806 of 1593
Re: money factor for Houston dealership was too high? [gotlogos1] by briegel
Dec 14, 2007 (10:02 pm)
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Replying to: gotlogos1 (Dec 14, 2007 9:47 pm)

That promotion must be regional. They (LFS) are getting the sales tax promotion covered by a higher money factor than is available in other parts of the country. It probably works out to be about the same.
#807 of 1593
Re: money factor for Houston dealership was too high? [briegel] by gotlogos1
Dec 14, 2007 (10:25 pm)
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Replying to: briegel (Dec 14, 2007 10:02 pm)

Yes...I am thinking it must be regional as I don't see anyone here talkign about it...
 
They do mention that there is x amount of taxes and fees rolled up into the monthly payment. Bottom lin eis- if it is tax deducatible...you need ot be able to separate out that tax...
#808 of 1593
Re: RX 350 Lease in So Cal [socalguy61] by jules08
Dec 17, 2007 (10:22 am)
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Replying to: socalguy61 (Dec 10, 2007 10:32 am)

Longo Lexus through their Internet dept (This is the 4th car my husband and I have bought/leased from Longo Internet dept.) I would recommend them for Toyota and Lexus. They don't tack on "paint protection" "lojack" or any "extras" as many of the other SoCal dealers seem to do. We have found the best price their, probably because they are the biggest dealer in SoCal.
#809 of 1593
Money Factor by fromboston
Dec 21, 2007 (8:50 pm)
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Does anyone know if the 400h qualifies for the Dec to Remember lease money factor of .00155 posted elsewhere on these forums. I am being told the mf for the hybrid is .00275 and that the lower mf is only for the gas RX. I am getting a good discount off MSRP of $3,000. Thanx!
#810 of 1593
Re: money factor for Houston dealership was too high? [gotlogos1] by fromboston
Dec 21, 2007 (8:52 pm)
Reply

Replying to: gotlogos1 (Dec 14, 2007 9:47 pm)

briegel, was this money factor on a 400h or the gas RX? Thanx, John
#811 of 1593
Re: money factor for Houston dealership was too high? [fromboston] by briegel
Dec 21, 2007 (8:55 pm)
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Replying to: fromboston (Dec 21, 2007 8:52 pm)

My understanding is that the .00155 money factor is for the RX 350...the 400h money factor is .00215. These are both for Tier-1+ credit.
#812 of 1593
Re: money factor for Houston dealership was too high? [briegel] by fromboston
Dec 21, 2007 (9:03 pm)
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Replying to: briegel (Dec 21, 2007 8:55 pm)

Thank you so much! I thought I was getting taken!
John
#813 of 1593
My deal on an RX350 lease by kendallcat
Dec 29, 2007 (5:55 pm)
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I just got back from the dealership and here is the offer they made to me on a 36 month lease on a new RX350 - I wanted to see what everyone thought concerning if this was a good deal or not. The deal is for $507 a month, and I am paying the first month, lic, fees.. in the amount of $1500 to sign and walk away with the vehicle. The money factor is good at .00135, and I have not seen any deals as good as this one. The only caveat is that I have to do it by the 2nd of January. Any thoughts would be appreciated.
#814 of 1593
Re: My deal on an RX350 lease [kendallcat] by tacomaboy
Dec 29, 2007 (7:22 pm)
Reply

Replying to: kendallcat (Dec 29, 2007 5:55 pm)

Can you give more details? How many miles per year is this? That sounds like a great deal to me.
#815 of 1593
Re: My deal on an RX350 lease [tacomaboy] by kendallcat
Dec 29, 2007 (8:01 pm)
Reply

Replying to: tacomaboy (Dec 29, 2007 7:22 pm)

The mileage is 12K a year for 3 years. For 15K in mileage it goes up to the high $520's. I was offered the deal a few days ago, but I was looking at another vehicle as well from a different brand. They started to change the numbers at the other auto brand so I walked away from the deal despite having taken the care home that night for the wife to see. We were 99% sure we were going to do the deal, but when I looked at the numbers I told my wife we can get a Lexus for that amount so I went back to Lexus to see where we were. Thanks for the feedback.

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