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Lexus RX 350 / RX 450h Lease Questions

1587 messages,  Last post on Dec 06, 2009 at 7:23 PM

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

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#833 of 1587 LEASEFAX.COM by cwayne Jan 26, 2008 (7:33 am)
leasefax.com has a add in the wall street journal with lease rates under $500 per month for 36 months on the rx350 including delivery plus tax and title. i called them and the guy said this price was on the rx with premiun plus ($40,000-41000) . has anyone had any dealings with this company?. Replies to this message: arbitrage1 (Jan 28, 2008 6:58 am) eights38 (Jan 28, 2008 7:08 am)
#834 of 1587 Re: LEASEFAX.COM [cwayne] by arbitrage1 Jan 28, 2008 (6:58 am)
Replying to: cwayne (Jan 26, 2008 7:33 am) I have not, but unless its a very reputable company, I'd avoid 3rd party stuff.   Take a look at this web site, its the dealership where I bought my Rx. Theyre advertising 489 a month, 2.5K down with a 43K msrp.   http://www.pohankalexus.com/AboutSpecials   Thats going to be in the same neighborhood as the special you found, I would imagine... Replies to this message: eights38 (Jan 28, 2008 7:08 am)
#835 of 1587 Re: LEASEFAX.COM [arbitrage1] by eights38 Jan 28, 2008 (7:08 am)
Replying to: arbitrage1 (Jan 28, 2008 6:58 am) arbitrage1 - I would agree with you that some third parties are shady, but there are some very strong auto brokers trying to help customers receive aggressive prices by utilizing volume incentives and strong dealer networks. I have had some good experiences in the past and am more than willing to pay a small fee to have a third party negotiate with local dealers to get me a fair price.
#836 of 1587 Current MF by bmwnj2 Jan 28, 2008 (8:16 am)
Hello, What is current money factor, residual value for 2008 RX350 (24/36 month, 12K)?   Thank you Replies to this message: bmwnj2 (Jan 28, 2008 8:40 am) Car_man (Jan 30, 2008 3:56 am) Car_man (Jan 30, 2008 3:54 am)
#837 of 1587 Re: Current MF [bmwnj2] by bmwnj2 Jan 28, 2008 (8:40 am)
Replying to: bmwnj2 (Jan 28, 2008 8:16 am) Does Lexus still offer multiple security option? Anybody with recent lease used it? Replies to this message: Car_man (Jan 30, 2008 3:56 am)
#838 of 1587 Re: My deal on an RX350 lease [scotty_shark] by Car_man HOST Jan 30, 2008 (3:10 am)
Replying to: scotty_shark (Jan 02, 2008 8:10 am) Congratulations on getting your new RX 350, Scott. I;m glad that you found this discussion so helpful. Thanks for taking the time to stop back and share the details of your lease with everyone. Real world examples like this are always helpful to others who are in the market for similar vehicles. Make sure to stop by the new Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience. Enjoy your new ride .   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#839 of 1587 Re: Current money factor/residuals [jebell] by Car_man HOST Jan 30, 2008 (3:28 am)
Replying to: jebell (Jan 19, 2008 6:53 pm) Here you go, jebell. Lexus Financial Services' current buy rate lease money factor and residual value for a 2008 Lexus RX 350 AWD without the entertainment system with 12,000 miles per year are .00140 and 55%, respectively for consumers who qualify for its Tier 1+ credit tier.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: jebell (Jan 30, 2008 10:06 am) christina271 (Jan 30, 2008 3:58 pm) jebell (Jan 31, 2008 5:25 am) jebell (Jan 31, 2008 5:29 am) and 5 more...
#840 of 1587 Re: Current money factor and residual [jebell] by Car_man HOST Jan 30, 2008 (3:37 am)
Replying to: jebell (Jan 22, 2008 12:51 pm) Hey jebell. Please see my previous post for the information on this truck's lease program that you're interested in. Lexus is not currently providing any cash incentives on leases of the RX 350, so it may be difficult to get one with a capitalized cost that's below dealer invoice. Like California, New York area is a very competitive marketplace for new vehicles. If I was interested in leasing an '08 RX 350 in your area, I personally would shoot for a selling price of a couple hundred dollars over invoice.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#841 of 1587 Re: Current money factor and residual [arbitrage1] by Car_man HOST Jan 30, 2008 (3:45 am)
Replying to: arbitrage1 (Jan 24, 2008 12:03 pm) Congratulations on getting your new RX 350, arbitrage1. Thanks for taking the time to share the details of your lease with everyone. Don't forget to stop by the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on the dealer that you got your truck from. Thanks again and enjoy your new Lexus.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#842 of 1587 Re: RX 350 Lease good deal? [gabe57v] by Car_man HOST Jan 30, 2008 (3:50 am)
Replying to: gabe57v (Jan 24, 2008 1:25 pm) Hi gabe57v. Let me begin by saying that $5,000 is a lot of money to put down on a lease. I always advise consumers not to make large down payments when leasing. Those who make them risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. You would be better off going with a zero down lease, even though it means that your monthly payment will be higher.   As far as this lease goes, it is difficult to tell how good a deal you are getting without knowing what this truck's MSRP and selling price are. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. If you are in an area that has a decent level of competition, you should shoot for a selling price of a couple hundred dollars over dealer invoice. You can look up the invoice price of the exact model that you want by visiting the New Vehicle Pricing section of Edmunds.com.   Once you have negotiated a selling price that you are comfortable with, have the dealer that gives it to you calculate your vehicle's monthly payment using Lexus Financial Services' buy rate lease money factor. LFS' current buy rate for a 36 month lease of an '08 RX 350 is .00140 for consumers who qualify for its Tier 1+ credit tier.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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