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Lexus RX 350 / RX 450h Lease Questions

1582 messages,  Last post on Dec 03, 2009 at 11:27 AM

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


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#813 of 1582
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 1582
Re: My deal on an RX350 lease [kendallcat] by tacomaboy
Dec 29, 2007 (7:22 pm)
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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 1582
Re: My deal on an RX350 lease [tacomaboy] by kendallcat
Dec 29, 2007 (8:01 pm)
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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.
#816 of 1582
Re: My deal on an RX350 lease [kendallcat] by carlovernj
Dec 30, 2007 (10:22 am)
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Replying to: kendallcat (Dec 29, 2007 5:55 pm)

What is the list price (MSRP) on the car?
#817 of 1582
Re: My deal on an RX350 lease [carlovernj] by kendallcat
Dec 30, 2007 (5:58 pm)
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Replying to: carlovernj (Dec 30, 2007 10:22 am)

IIRC it was right at $42,000. From what I have read on this board it sounds like a good deal, and the dealership I went to needs to move some units before January 2nd so they are being aggressive.
#818 of 1582
Re: My deal on an RX350 lease [kendallcat] by carlovernj
Dec 30, 2007 (7:36 pm)
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Replying to: kendallcat (Dec 30, 2007 5:58 pm)

Thanks, I know how to calculate leases. I can let you know how good the deal is. Please let me know the following piesces of information:
 
List Price: $42,000 (is this the exact amount)
Purchase price: (this is part of the formula for how the lease is calculated.
Residual %: I think its 56% for 3yrs, 12k miles/yr.
State Tax %
 
With this information, I can let you know what the monthly amount should be. I would be interested to know close the purchase price is to the invoice price.
#819 of 1582
Re: My deal on an RX350 lease [carlovernj] by kendallcat
Dec 30, 2007 (8:10 pm)
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Replying to: carlovernj (Dec 30, 2007 7:36 pm)

Here is what I have down for the info they gave me.
 
MSRP $41635
Sales price $37465
Money factor .00135
 
$499 Lic, trans....
$1500 down
 
3 year lease at $507.74 for 12K in miles per year
 
Thanks for looking at this.
#820 of 1582
08 RX350 Lease Quote by dude12
Jan 01, 2008 (11:15 am)
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Here's what I've been offered. I've learned that if you apply for Lexus credit through the Lexus website, you can lock into the 'December Remember' rates for 30 day period.
 
Philadelphia area. This is a lease through Lexus Financial...
 
--
MSRP $43,121.00
Selling price $39,300.00 ($500 over invoice)
 
Money down (includes first payment) $779
Monthly payment with tax $572.79
 
10K miles/36 Months
Residual value $24,578.97 (57%)
 
Money factor is 0.001550
---
#821 of 1582
08 RX350 Lease Rate by jcohen17
Jan 01, 2008 (5:14 pm)
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Just picked up an 08 RX 350 with the premium plus package
 
MSRP 41,816.00
Sale Price 37,298
 
Lease Rate $601 due at signing first month and fees.
 
Monthly Rate 530 a month tax included
 
12k/36 months
 
Got This Deal at JM LEXUS

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