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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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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.
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Replying to: kendallcat (Dec 29, 2007 5:55 pm)
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Replying to: tacomaboy (Dec 29, 2007 7:22 pm) |
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Replying to: kendallcat (Dec 29, 2007 5:55 pm)
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Replying to: carlovernj (Dec 30, 2007 10:22 am)
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Replying to: kendallcat (Dec 30, 2007 5:58 pm) 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.
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Replying to: carlovernj (Dec 30, 2007 7:36 pm) 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. |
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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 --- |
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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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